JMM Charitable Foundation Inc
JMM Charitable Foundation Inc is a private foundation based in Los Angeles, California. Its 2024 filing reports grants to organizations working in health care, education, cultural programs, and other charitable activities.
JMM Charitable Foundation Inc at a glance
In short: JMM Charitable Foundation Inc gave $9.3M across 17 grants in 2024 (avg $549K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $9,336,600
- +29.8% vs 2023
- Grants made (2024)
- 17
- -26.1% vs 2023
- Average grant
- $549,212
- +75.7% vs 2023
- Median grant
- $100,000
- Total assets
- $320,626,328
- +2.3% vs 2023
- Primary geography
- New York (62% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to JMM Charitable Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 5200 West Century Blvd, Los Angeles, CA 90045
Phone: (310) 693-8200
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who JMM Charitable Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Charles B Wang Community Health Center ($3.0M). Together the top 10 received $9.2M.
Grant Size Distribution
66 grants across all recorded years
The most common grant size was under $50K: 34 grants of 66 (52%).
Geographic Focus
Where this funder awards grants
In 2024, 62% of grant dollars went to recipients in New York and 31% to recipients in California. Georgia received 5%, while Florida and Arizona each received 1%.
Grant Distribution by State
Share of 2024 grant dollars across all 17 itemized grants.
Cities
How JMM Charitable Foundation Inc gives
- 65% of 2024 grantees were also funded in 2023. Method
- Giving grew 230% from 2021 to 2024. Method
- In 2024 it paid out 59% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). 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 2024, annual grant giving ranged from $2.7M (2020) to $9.3M (2024). In 2024 it made 17 grants totaling $9.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Charles B Wang Community Health Center New York, NY | General Support | $2,970,000 |
| Columbia University New York, NY | To Support Education | $2,500,000 |
| Cedars-Sinai Medical Center Los Angeles, CA | To Support Department of Emergency Medicine | $1,500,000 |
| Gold House Foundation Covina, CA | General Support | $1,100,000 |
| The Home Depot Foundation Atlanta, GA | General Support | $450,000 |
| Tunnel to Towers Foundation Staten Island, NY | General Support | $250,000 |
| UCLA Foundation Los Angeles, CA | To Support Depression Dignostic Research Fubd | $200,000 |
| International Generosity Foundation Inc Clearwater, FL | General Support | $100,000 |
| Franciscan Renewal Center Scottsdale, AZ | General Support | $100,000 |
| City of Hope Duarte, CA | General Support | $42,000 |
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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 | $320,626,328 | $17,134,304 | $5,176,318 | $9,336,600 | 17 | $9,377,596 | $7,513,502 | $15,764,710 |
| 2023 | $313,438,021 | $70,972,131 | $12,656,337 | $7,190,900 | 23 | $7,220,091 | $6,518,326 | $12,516,316 |
| 2022 | $251,016,866 | $147,553,111 | $13,832,381 | $3,476,100 | 13 | $3,484,340 | $1,761,583 | $4,824,995 |
| 2021 | $120,324,567 | $79,833,369 | $587,831 | $2,832,500 | 9 | $2,839,222 | $4,917,294 | $2,317,214 |
| 2020 | $43,592,731 | $11,142,497 | $11,828,325 | $2,675,000 | 4 | — | $883,557 | $1,838,156 |
Under IRS private-foundation payout rules, JMM Charitable Foundation Inc reported a distributable amount of $15.8M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for a community health center, a university, medical centers, and cultural and charitable organizations.
The grantees describe their work in their own terms: Charles B Wang Community Health Center says it provides high-quality, affordable health care, with a focus on underserved Asian Americans. Gold House Foundation says it unites, invests in, and champions Asian Pacific leaders and advances Asian Pacific cultures. Cedars-Sinai Medical Center describes its work as delivering health care enhanced by research and education, while UCLA Foundation says it enables private donors to advance UCLA’s academic and research work.
Grantmaking
In 2024, the foundation made 17 grants totaling $9,336,600. Grant amounts ranged from $8,700 to $2,970,000, with a median of $100,000. The largest reported grants were $2,970,000 to Charles B Wang Community Health Center for general support; $2,500,000 to Columbia University to support education; $1,500,000 to Cedars-Sinai Medical Center to support its Department of Emergency Medicine; and $1,100,000 to Gold House Foundation for general support. Other listed grants included $450,000 to The Home Depot Foundation for general support, $250,000 to Tunnel to Towers Foundation for general support, and $200,000 to UCLA Foundation for depression diagnostic research.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Walter W Wang as president, Shirley Wang as director, and Walter Wang Jr as an officer.
JMM Charitable Foundation Inc is led by Walter W. Wang, President on every filing since 2020; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Walter W. Wang
President
On filings since 2020
1 hr/week
No compensation reported
Shirley W. Wang
Director
On filings since 2020
1 hr/week
No compensation reported
Walter Wang Jr.
Officer
On filings since 2023
20 hrs/week
$54K (2023) → $92K (2024)
Former officers (1)
- Former: John Mai (2020–2023) — Secretary & Treasurer · Filing note: Thru 123118
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $92K, to Walter Wang Jr (Officer).
Frequently asked questions about JMM Charitable Foundation Inc
How much does JMM Charitable Foundation Inc give each year?
JMM Charitable Foundation Inc gave $9.3M across 17 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $7.2M across 23 grants.
What is JMM Charitable Foundation Inc's typical grant size?
JMM Charitable Foundation Inc's median grant in 2024 was $100,000, and its average grant was $549,212, across 17 grants on its 2024 IRS Form 990-PF.
Where does JMM Charitable Foundation Inc give grants?
JMM Charitable Foundation Inc gives mostly in New York: 62% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (31%). The most frequent recipient cities were Los Angeles, CA (7 grants) and New York, NY (3 grants).
Does JMM Charitable Foundation Inc give general operating support?
Yes: 65% of JMM Charitable Foundation Inc's 2024 grants with a stated purpose (11 of 17) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Medical Center" (3 grants).
Who are JMM Charitable Foundation Inc's largest grantees?
JMM Charitable Foundation Inc's largest 2024 grantees include Charles B Wang Community Health Center ($2,970,000), Columbia University ($2,500,000) and Cedars-Sinai Medical Center ($1,500,000), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.
How large is JMM Charitable Foundation Inc?
JMM Charitable Foundation Inc reported $320.6M in total assets on its 2024 IRS Form 990-PF. It paid out $9.4M in qualifying distributions that year, against a required minimum of $15.8M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does JMM Charitable Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants included support for a community health center, a university, medical centers, and cultural and charitable organizations. See mission & focus areas ↑
How do I apply for a grant from JMM Charitable Foundation Inc?
The foundation makes 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 ↑
What is JMM Charitable Foundation Inc's EIN?
JMM Charitable Foundation Inc's EIN (Employer Identification Number) is 20-4679694. IRS Form 990 filing data is available on this page for 2020–2024.
Does JMM Charitable 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
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Cite this profile
Grantable. (2026). JMM Charitable Foundation Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/jmm-charitable-foundation-inc-morg_334752133e5c4214b73eee6667f156ea
BibTeX
@misc{grantable_204679694_2026,
author = {{Grantable}},
title = {{JMM Charitable Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/jmm-charitable-foundation-inc-morg_334752133e5c4214b73eee6667f156ea},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from JMM Charitable 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.
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