Jga Foundation

HACKENSACK, NJ EIN: 23-2326454

Jga Foundation is a private foundation, based in HACKENSACK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 7 grants totaling $58K. Net investment income was $72K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

-1.8% YoY

Annual Giving

$58K

+9.1% YoY

Grant Count

7

+16.7% YoY

Avg Grant Size

$8K

-6.5% YoY

Under IRS private-foundation payout rules, Jga Foundation reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.

About Jga Foundation

Based on IRS filings

Jga Foundation is a private foundation, based in HACKENSACK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 7 grants totaling $58K. Net investment income was $72K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AikenBabson ParkBostonStockbridgeWatertownWellesley

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22K$44K$65K$87K20202021202220232024
Metric202420232022
Total Assets$1,230,948$1,253,505$1,279,830
Revenue$56,813$48,250$46,235
Expenses$79,370$74,575$72,013
Qualifying Distributions$71,125$66,538$64,400
Net Investment Income$71,517$57,062$49,999
Distributable Amount$57,124$56,021$61,032

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$29K$44K$58K2 grants20204 grants20216 grants20226 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

BABSON COLLEGE$20KFOUNDATION OF MASS EYE A…$13KFRIENDS OF HOPELANDS AND…$8KSPCA ALBRECHT CENTER FOR…$6KGREAT OAK EQUINE ASSISTE…$5KWELLESLEY COLLEGE$5KTHE TAFT SCHOOL$2K

Grant Size Distribution

25 grants across all recorded years

25<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Babson College ($20,000), Foundation of Mass Eye and Ear Inc ($12,500), Friends of Hopelands and Rye Patch ($8,000).

RecipientPurposeAmount
BABSON COLLEGE BABSON PARK, MAASSISTANCE FOR CHARITABLE PURPOSES$20,000
FOUNDATION OF MASS EYE AND EAR INC BOSTON, MAASSISTANCE FOR CHARITABLE PURPOSES$12,500
FRIENDS OF HOPELANDS AND RYE PATCH AIKEN, SCASSISTANCE FOR CHARITABLE PURPOSES$8,000
GREAT OAK EQUINE ASSISTED PROGRAMS AIKEN, SCASSISTANCE FOR CHARITABLE PURPOSES$5,000
SPCA ALBRECHT CENTER FOR ANIMAL WELFARE AIKEN, SCASSISTANCE FOR CHARITABLE PURPOSES$6,000
WELLESLEY COLLEGE WELLESLEY, MAASSISTANCE FOR CHARITABLE PURPOSES$5,000
THE TAFT SCHOOL WATERTOWN, CTASSISTANCE FOR CHARITABLE PURPOSES$1,890

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KAREN K CHANDORTRUSTEE$14K

From 2024 filing

NameTitleHoursCompensation
KAREN K CHANDORTRUSTEE3$14,000

Frequently Asked Questions

How large is Jga Foundation?

As of 2024, Jga Foundation holds $1.2M in total assets with $57K in annual revenue. It awarded 7 grants totaling $58K in 2024.

Where does Jga Foundation operate?

Jga Foundation has awarded grants in Connecticut, Massachusetts, South Carolina, Vermont.

What size grants does Jga Foundation award?

In 2024, Jga Foundation awarded 7 grants totaling $58K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Jga Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jga Foundation reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jga Foundation's EIN?

Jga Foundation's EIN (Employer Identification Number) is 23-2326454. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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