JJCJ Foundation Inc
JJCJ Foundation Inc was a private foundation based in Cary, North Carolina. Its filings report grants to charitable organizations in 2023, but the foundation appears to have wound down: its 2023 return is marked final, and the filing states that it dissolved and transferred its assets to a new North Carolina foundation with the same name but a different EIN.
JJCJ Foundation Inc at a glance
- Revenue (2024)
- $3,025
- -95.3% vs 2023
- Expenses (2024)
- $3,025
- -98.3% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to JJCJ Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation stated that it made contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. This describes the dissolved foundation’s stated policy, not a current application process.
- Contact
Mailing address: 6426 Glenview Garden Pl, Cary, NC 27511-3876
Phone: (404) 219-9282
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who JJCJ Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
84 grants across all recorded years
The most common grant size was under $50K: 84 grants of 84 (100%).
Geographic Focus
Where this funder awards grants
Reported 2023 recipients were based in North Carolina, New York, Georgia, Florida, and Tennessee. These grant locations do not establish a stated geographic focus.
Grant Distribution by State
Cities
Is JJCJ Foundation Inc open to new grantees?
17%
first-time grantees, 2023
In 2023, 4 of 24 grantees (17%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. 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 grant lists in IRS Form 990-PF filings (2020–2023). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $70K (2022) to $145K (2023). In 2023 it made 24 grants totaling $145K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| JJCJ Foundation Inc Raleigh, NC | General Purpose | $37,002 |
| Camp Dudley Inc Westport, NY | General Purpose | $20,000 |
| Family Promise of Wake County Raleigh, NC | General Purpose | $20,000 |
| Cary Academy Fund Cary, NC | General Purpose | $10,000 |
| St David's Episcopal School Raleigh, NC | General Purpose | $10,000 |
| Dream Bozeman, MT | General Purpose | $5,000 |
| Operation Hope Atlanta, GA | General Purpose | $5,000 |
| Brown Ledge Foundation Burlington, VT | General Purpose | $4,000 |
| Shriners' Hospitals for Children Tampa, FL | General Purpose | $4,000 |
| Inter-Faith Food Shuttle Raleigh, NC | General Purpose | $3,000 |
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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 | — | $3,025 | $3,025 | — | — | — | — | $3,896 |
| 2023 | $1,676,281 | $64,392 | $176,353 | $144,502 | 24 | $144,502 | $31,040 | $93,204 |
| 2022 | $1,788,242 | $200,767 | $84,753 | $69,500 | 17 | $70,009 | $111,475 | $93,714 |
| 2021 | $1,725,119 | $280,444 | $101,000 | $91,000 | 21 | $90,639 | $167,544 | $99,161 |
| 2020 | $1,624,890 | $218,314 | $98,057 | $86,500 | 22 | — | $104,834 | $82,326 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Grantmaking
In 2023, the foundation gave $144,502 through 24 grants, averaging about $6,021 per grant. Notable grants included $20,000 each to Family Promise of Wake County and Camp Dudley; $5,000 to Operation HOPE; and $4,000 to Shriners Hospitals for Children. Other reported recipients included Inter-Faith Food Shuttle ($3,000), St. Jude Children’s Research Hospital ($2,500), Friends of the Israel Defense Forces ($2,000), and Ronald McDonald House in Chapel Hill ($2,000).
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing were James M Wells III, President/Treasurer; Janette O Wells, VP/Secretary; Carrington Pace Wells, Vice President; and James M Wells IV, Vice President.
JJCJ Foundation Inc is led by James M. Wells III, President & Treasurer on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
James M. Wells III
President & Treasurer
On filings since 2020
No compensation reported
Carrington Pace Wells
Vice President
On filings since 2020
No compensation reported
James M. Wells IV
Vice President
On filings since 2020
No compensation reported
Janette O. Wells
Vice President & Secretary
On filings since 2020
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 JJCJ Foundation Inc
How do I apply for a grant from JJCJ Foundation Inc?
The foundation stated that it made contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does JJCJ Foundation Inc make grants?
Reported 2023 recipients were based in North Carolina, New York, Georgia, Florida, and Tennessee. These grant locations do not establish a stated geographic focus.
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.
Does JJCJ Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work JJCJ Foundation Inc funds
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from JJCJ Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
JJCJ Foundation Inc down — hundreds of funders to go?