JFM Foundation Inc
JFM Foundation Inc is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 9 grants totaling $215K. Net investment income was $1.1M.
JFM Foundation Inc at a glance
In short: JFM Foundation Inc gave $215K across 9 grants in 2024 (avg $24K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $215,000
- +0.0% vs 2023
- Grants made (2024)
- 9
- -25.0% vs 2023
- Average grant
- $23,889
- +33.3% vs 2023
- Median grant
- $25,000
- Total assets
- $5,971,542
- +27.9% vs 2023
- Primary geography
- New York (65% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who JFM Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Children's Theatre Company ($50K). Together the top 9 received $215K.
Grant Size Distribution
39 grants across all recorded years
The most common grant size was under $50K: 31 grants of 39 (79%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
How JFM Foundation Inc gives
- Giving grew 56% from 2021 to 2024. Method
- In 2024 it paid out 66% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $25K (2020) to $215K (2024). In 2024 it made 9 grants totaling $215K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Children's Theatre Company Minneapolis, MN | General Support | $50,000 |
| Ozuah Family Foundation Chesnut Ridge, NY | General Support | $50,000 |
| Fund for the City of New York New York, NY | General Support | $30,000 |
| New York Stage & Film New York, NY | General Support | $25,000 |
| Theater Resources Limitd New York, NY | General Support | $25,000 |
| Apples and Oranges Arts Irvine, CA | General Support | $10,000 |
| Hermitage Artist Retreat Englewood, FL | General Support | $10,000 |
| Sprout Society Brooklyn, NY | General Support | $10,000 |
| Coast Guard Auxiliary Association Granite City, IL | General Support | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $5,971,542 | $2,200,723 | $223,416 | $215,000 | 9 | $169,720 | $1,112,892 | $258,519 |
| 2023 | $4,669,010 | $143,379 | $223,979 | $215,000 | 12 | $217,457 | $156,624 | $233,713 |
| 2022 | $4,749,610 | $1,770,341 | $263,713 | $195,000 | 8 | $260,100 | $796,491 | $212,856 |
| 2021 | $4,011,678 | $5,016,802 | $152,106 | $137,500 | 9 | $150,000 | $1,934,219 | $112,525 |
| 2020 | $1,040,190 | $2,118,850 | $28,141 | $25,000 | 1 | — | $822,660 | $5,950 |
Under IRS private-foundation payout rules, JFM Foundation Inc reported a distributable amount of $259K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
JFM Foundation Inc is led by John Manocherian, President & Treasurer since 2023 (on filings since 2020); none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
John Manocherian
President & Treasurer
President & Treasurer As Req'd → President & Treasurer, 2023
On filings since 2020
0.1 hrs/week
No compensation reported
Judith Manocherian
Vice President & Secretary
Vice President & Secretary As Req'd → Vice President & Secretary, 2023
On filings since 2020
0.1 hrs/week
No compensation reported
Lindsay Manocherian
Vice President
Vice President As Req'd → Vice President, 2023
On filings since 2020
0.1 hrs/week
No compensation reported
Sarah Manocherian
Vice President
Vice President As Req'd → Vice President, 2023
On filings since 2020
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about JFM Foundation Inc
How much does JFM Foundation Inc give each year?
JFM Foundation Inc gave $215K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $215K across 12 grants.
What is JFM Foundation Inc's typical grant size?
JFM Foundation Inc's median grant in 2024 was $25,000, and its average grant was $23,889, across 9 grants on its 2024 IRS Form 990-PF.
Where does JFM Foundation Inc give grants?
JFM Foundation Inc gives mostly in New York: 65% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Minnesota (23%). The most frequent recipient cities were New York, NY (3 grants).
Does JFM Foundation Inc give general operating support?
Yes: 100% of JFM Foundation Inc's 2024 grants with a stated purpose (9 of 9) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are JFM Foundation Inc's largest grantees?
JFM Foundation Inc's largest 2024 grantees include Children's Theatre Company ($50,000), Ozuah Family Foundation ($50,000) and Fund for the City of New York ($30,000), according to its 2024 IRS Form 990-PF. Together they received 60% of its itemized 2024 grant dollars.
How large is JFM Foundation Inc?
JFM Foundation Inc reported $6.0M in total assets on its 2024 IRS Form 990-PF. It paid out $170K in qualifying distributions that year, against a required minimum of $259K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is JFM Foundation Inc's EIN?
JFM Foundation Inc's EIN (Employer Identification Number) is 85-2440057. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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