JJCJ Foundation Inc

Foundation · Grantmaker Cary, NC EIN: 20-0482157

JJCJ Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cary, NC. IRS filing data is available from 2020 through 2024.

Key facts about JJCJ Foundation Inc

EIN
20-0482157
Latest 990 filing
Form 990-PF, 2024

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Is JJCJ Foundation Inc open to new grantees?

17%

first-time grantees, 2023

In 2023, 4 of 24 grantees (17%) were first-time recipients. First grants averaged $11K; repeat grants $5K. How we count

Medians: $2K first-time, $3K repeat.

  • 67% of 2023 grantees were also funded in 2022. Method
  • Giving grew 67% from 2020 to 2023. Method
  • In 2023 it paid out 155% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2023). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Revenue

$3K

-95.3% YoY

Net Investment Income

—

-100.0% YoY

Expenses

$3K

-98.3% YoY

Under IRS private-foundation payout rules, JJCJ Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

About JJCJ Foundation Inc

Based on IRS filings

JJCJ Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Cary, NC. IRS filing data is available from 2020 through 2024.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

RaleighAtlantaChapel HillBurlingtonCaryLoudonTampaWashingtonWestportBozemanMemphisSeattleKnoxvilleMadisonvilleMorrisvilleOldsmarSweetwaterDurhamMorristownNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$77K$154K$231K$308K20202021202220232024
Metric202420232022
Total Assets—$1,676,281$1,788,242
Revenue$3,025$64,392$200,767
Expenses$3,025$176,353$84,753
Qualifying Distributions—$144,502$70,009
Net Investment Income—$31,040$111,475
Distributable Amount$3,896$93,204$93,714

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$36K$72K$108K$145K22 grants202021 grants202117 grants202224 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

84 grants across all recorded years

84<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
James M Wells IIIPresident/Treasurer——
Janette O WellsVP/Secretary——
Carrington Pace WellsVice President——
James M Wells IVVice President——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is JJCJ Foundation Inc?

JJCJ Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Cary, NC. It holds — in total assets as of 2024.

Where does JJCJ Foundation Inc operate?

JJCJ Foundation Inc has awarded grants in District of Columbia, Florida, Georgia, Montana, North Carolina, New York, Tennessee, Vermont, Washington.

How much is JJCJ Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, JJCJ Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is JJCJ Foundation Inc's EIN?

JJCJ Foundation Inc's EIN (Employer Identification Number) is 20-0482157. IRS Form 990 filing data is available on this page for 2020–2024.

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

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