JLGS Foundation Corp

CONGERS, NY EIN: 85-4013047

JLGS Foundation Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONGERS, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 5 grants totaling $110K. Net investment income was $1.2M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.5M

+22.9% YoY

Annual Giving

$110K

-46.9% YoY

Grant Count

5

-44.4% YoY

Avg Grant Size

$22K

-4.4% YoY

Under IRS private-foundation payout rules, JLGS Foundation Corp reported a distributable amount of $233K for 2024 — the minimum it must pay out in qualifying distributions.

About JLGS Foundation Corp

Based on IRS filings

JLGS Foundation Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONGERS, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 5 grants totaling $110K. Net investment income was $1.2M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

BostonCongersDowners GroveEmmitsburgIndianapolisKanabMontgomeryN WNew YorkNyNyackOklahoma CityOld TappanWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$655K$1M$2M$3M2021202220232024
Metric202420232022
Total Assets$5,522,427$4,494,667$3,701,755
Revenue$1,222,101$1,092,070$1,533,272
Expenses$194,694$284,358$95,159
Qualifying Distributions$109,858$206,810$250
Net Investment Income$1,222,101$1,092,071$520,660
Distributable Amount$233,044$165,837$139,971

Giving Over Time

Total grant dollars and number of grants per year

$0$52K$103K$155K$207K8 grants20211 grants20229 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

US Charitable Gift Trust…$108KNational Fallen Firefigh…$1KReps for Responders Inc$1KTzu Chi Mid Atlantic Reg…$250World Wildlife Fund$103

Grant Size Distribution

23 grants across all recorded years

20<$50K1$50–100K2$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 US Charitable Gift Trust Donor Services ($107,500), National Fallen Firefighters Foundation ($1,005), Reps for Responders Inc ($1,000).

RecipientPurposeAmount
Reps for Responders Inc Congers, NYSupporting first responders$1,000
US Charitable Gift Trust Donor Services Boston, MATo Lisan Memorial Fund$107,500
National Fallen Firefighters Foundation Emmitsburg, MDHonors firefighters who dies in the line of duty$1,005
Tzu Chi Mid Atlantic Region NY, NYTo provide humanitarian aid to those in need.$250
World Wildlife Fund N W, DCTo build a saver for people the planet$103

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Eric YangPresident$15KStephanie H YangTreasurer$12K

From 2024 filing

NameTitleHoursCompensation
Stephanie H YangTreasurer5$12,180
Eric YangPresident5$14,880
Bao-Wen YangVP10

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is JLGS Foundation Corp?

JLGS Foundation Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONGERS, NY. It holds $5.5M in total assets as of 2024.

How large is JLGS Foundation Corp?

As of 2024, JLGS Foundation Corp holds $5.5M in total assets with $1.2M in annual revenue. It awarded 5 grants totaling $110K in 2024.

Where does JLGS Foundation Corp operate?

JLGS Foundation Corp has awarded grants in District of Columbia, Illinois, Indiana, Massachusetts, Maryland, New Jersey, New York, Oklahoma, Utah.

What size grants does JLGS Foundation Corp award?

In 2024, JLGS Foundation Corp awarded 5 grants totaling $110K — an average of about $22K per grant, based on its IRS Form 990 filings.

How much is JLGS Foundation Corp required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, JLGS Foundation Corp reported a distributable amount of $233K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is JLGS Foundation Corp's EIN?

JLGS Foundation Corp's EIN (Employer Identification Number) is 85-4013047. IRS Form 990 filing data is available on this page for 2021–2024.

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

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