JMG Foundation is a private independent foundation established by the Hake family, based in Saint Louis, Missouri. The foundation operates as a 501(c)(3) organization and has been tax-exempt since September 2011. The foundation maintains its primary office at 2224 N 10th St, Saint Louis, MO 63102.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.5M
+6.0% YoY
Annual Giving
$1.8M
+40.4% YoY
Grant Count
25
+19.0% YoY
Avg Grant Size
$74K
+18.0% YoY
Under IRS private-foundation payout rules, Jmg Foundation reported a distributable amount of $986K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding priorities include:
- Education, particularly Catholic schools and scholarship programs
- Support for the Catholic Church and parish initiatives
- Cancer resource centers
- Human services and poverty alleviation
- Support for families affected by abuse
- Annual charitable events (fashion gala)
Recent grants demonstrate a focus on Catholic education and charitable organizations serving vulnerable populations.
Grantmaking
Grant Range
$1,000–$501,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Missouri, Florida, and Illinois.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending December 2024:
- Total Assets: $14,546,835
- Total Revenue: $5,856,088
- Total Expenses: $1,901,326
- Net Income: $3,954,762
- Total Liabilities: $0
- Total Grants Awarded: $1,844,500
Financial Trend:
- Total grants and contributions: $3,621,367 (2024), representing a 1.3% increase from 2023 ($3,573,778)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,546,835 | $13,725,835 | $11,926,070 |
| Revenue | $5,856,088 | $4,861,598 | $2,317,302 |
| Expenses | $1,901,326 | $1,364,713 | $1,042,477 |
| Qualifying Distributions | $1,844,500 | $1,313,500 | $979,000 |
| Net Investment Income | $2,198,307 | $1,256,758 | $1,233,269 |
| Distributable Amount | $986,107 | $774,549 | $744,893 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
111 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Father Mcgivney Catholic High School ($501,000), Catholic Charities Archdiocese of St Louis ($425,000), St Vincent Depaul ($175,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARRAY OF HOPE OLD TAPPAN, NJ | SUPPORT OF CHURCH | $10,000 |
| CATHOLIC CHARITIES ARCHDIOCESE OF ST LOUIS ST LOUIS, MO | ASSIST SEVERAL CHARITABLE ORGANIZATIONS IN THE SAINT LOUIS AREA THAT HELP THE LESS FORTUNATE | $425,000 |
| CATHOLIC CHARITIES DIOCESE OF VENICE VENICE, FL | SUPPORT OF CHURCH | $75,000 |
| CATHOLIC CHARITIES DIOCESES OF SPRINGFIELD IL SPRINGFIELD, IL | ASSIST SEVERAL CHARITABLE ORGANIZATIONS IN THE SPRINGFIELD AREA THAT HELP THE LESS FORTUNATE | $60,000 |
| CATHOLIC VOTE EDUCATION FUND CARMEL, IN | ASSIST CHARITABLE ORGANIZATIONS IN EMPLOYING POWERFUL NEW MEDIA AND TECHNOLOGY FOCUSED ON SHAPING THE MINDS AND IMAGINATION OF THE AMERICAN PEOPLE THROUGH PRAYER, GRASSROOTS EDUCATION, AND ACTION. | $50,000 |
| CHALLENGE MINISTRIES JACKSONVILLE, FL | SUPPORT OF CHURCH | $20,000 |
| COVENANT HOUSE MISSOURI ST LOUIS, MO | SUPPORT OF SHELTER | $1,000 |
| FATHER MCGIVNEY CATHOLIC HIGH SCHOOL GLEN CARBON, IL | SUPPORT FOR CATHOLIC SCHOOL | $501,000 |
| IMMACULATE CONCEPTION COLUMBIA, IL | SUPPORT OF CHURCH/SCHOOL | $15,000 |
| LIFT FOR LIFE ACADEMY ST LOUIS, MO | SUPPORT THE ANNUAL FASHION GALA | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN J HAKE | PRESIDENT & DIRECTOR | 0.5 | — |
| GREGORY A HAKE | DIRECTOR | — | — |
| MATTHEW D HAKE | DIRECTOR | — | — |
| MARK Z SCHRAIER | DIRECTOR | 0.5 | — |
Recent News & Activity
Recent developments and announcements
The foundation has been actively engaged in grantmaking, with 22 grants distributed in 2024. The foundation continues to support Catholic education institutions and charitable organizations addressing social needs, particularly in the areas of family support services and religious institutions.
JMG Receives $10.4 Million Grant from the Harold Alfond Foundation \u2014\Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Jmg Foundation fund?
The foundation's primary funding priorities include: • Education, particularly Catholic schools and scholarship programs • Support for the Catholic Church and parish initiatives • Cancer resource centers • Human services and poverty alleviation • Support for families affected by abuse • Annual charitable events (fashion gala) Recent grants demonstrate a focus on Catholic education and charitable organizations serving vulnerable populations.
How do I apply for a grant from Jmg Foundation?
**Grant Activity (2024):** • Total grants awarded: $1,844,500 • Number of grants: 22 grants made in the most recent year • Typical grant range: $1,000–$501,000 **Recent Notable Grants (2024):** • Father McGivney Catholic High School: $501,000 (support for Catholic school) • Catholic Charities Diocese of Venice: $75,000 (support of church) • Our Little Haven: $50,000 (help for families of abuse and safe space creation)
Where does Jmg Foundation make grants?
The foundation primarily funds organizations in Missouri, Florida, and Illinois.
What size grants does Jmg Foundation award?
In 2024, Jmg Foundation awarded 25 grants totaling $1.8M — an average of about $74K per grant, based on its IRS Form 990 filings.
How much is Jmg Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jmg Foundation reported a distributable amount of $986K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jmg Foundation's EIN?
Jmg Foundation's EIN (Employer Identification Number) is 27-3017668. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jmg Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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