Jmm Charitable Foundation Inc
minnie-maude-charitable-trust-awards-1-21-million-in-scholarships/article_c7b8f0fa-40ef-11ee-9069-3731964dfac5.html type: exa:news title: J.T.- Minnie Maude Charitable Trust awards $1.21 million in scholarships type: exa:news title: "J.T. \u2013 Minnie Maude Charitable Trust Awards $1,173,958 in Scholarships\ \ - J.T. Minnie Maude Charitable Trust" type: exa:news title: "J.T. \u2013 Minnie Maude Charitable Trust: CHARITABLE GRANTS AWARDED for\ \ 2020 - J.T. Minnie Maude Charitable Trust"
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$320.6M
+2.3% YoY
Annual Giving
$9.3M
+29.8% YoY
Grant Count
17
-26.1% YoY
Avg Grant Size
$549K
+75.7% YoY
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.
Mission & Focus Areas
The foundation supports initiatives in the following areas:
- Education — Elementary, secondary, and higher education
- Healthcare & Medical Research — Hospitals, medical centers, and specialized medical research (particularly urology research and emergency medicine)
- Community & Economic Development
- Human Services
- Civil Rights & Legal Aid
- Asian American & Pacific Islander Community Support — Organizations promoting cultural equity and representation
Grantmaking
The foundation operates on a preselected-only basis and does not accept unsolicited grant applications. The foundation indicates it makes contributions exclusively to organizations it has preselected for support.
Grant Range
$1,000 to $2,970,000
How to Apply
**
Ready to take the next step with Jmm Charitable Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily focuses on:
- Los Angeles and Southern California
- California, New York, and Georgia
- Additional operations in cities including Atlanta, New York, and Seattle
- States including Washington and Utah
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (as of 2024):
- Total assets: $320,626,328
- Total revenues: $17,134,304
- Total expenses: $5,176,318
- Annual giving: $9.3 million to $11.2 million
Staffing: The foundation operates with minimal staff, reporting 1 employee on recent filings, though it maintains a board structure with dedicated leadership.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $320,626,328 | $313,438,021 | $251,016,866 |
| Revenue | $17,134,304 | $70,972,131 | $147,553,111 |
| Expenses | $5,176,318 | $12,656,337 | $13,832,381 |
| Qualifying Distributions | $9,377,596 | $7,220,091 | $3,484,340 |
| Net Investment Income | $7,513,502 | $6,518,326 | $1,761,583 |
| Distributable Amount | $15,764,710 | $12,516,316 | $4,824,995 |
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
66 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Charles B Wang Community Health Center ($2,970,000), Columbia University ($2,500,000), Cedars-sinai Medical Center ($1,500,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CEDARS-SINAI MEDICAL CENTER LOS ANGELES, CA | TO SUPPORT DEPARTMENT OF EMERGENCY MEDICINE | $1,500,000 |
| COLUMBIA UNIVERSITY NEW YORK, NY | TO SUPPORT EDUCATION | $2,500,000 |
| GOLD HOUSE FOUNDATION COVINA, CA | GENERAL SUPPORT | $1,100,000 |
| HARVARD WESTLAKE STUDIO CITY, CA | GENERAL SUPPORT | $25,000 |
| LOS ANGELES PHILHARMONIC ASSOCIATION LOS ANGELES, CA | GENERAL SUPPORT | $25,000 |
| THE HOME DEPOT FOUNDATION ATLANTA, GA | GENERAL SUPPORT | $450,000 |
| TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NY | GENERAL SUPPORT | $250,000 |
| UC REGENTS (CHANTALLE UCLA WANG MEDICAL HOSPITALITY PROGRAM) LOS ANGELES, CA | MEDICAL CENTER | $8,700 |
| UC REGENTS (WALTER & SHIRLEY WANG UCLA MEDICAL HOSPITALITY PROGRAM) LOS ANGELES, CA | MEDICAL CENTER | $17,400 |
| UC REGENTS (WALTER JR UCLA MEDICAL HOSPITALITY PROGRAM) LOS ANGELES, CA | MEDICAL CENTER | $8,700 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Walter W. Wang — President (serves without compensation)
- Shirley Wang — Director (serves without compensation)
- Walter Wang Jr. — Officer (compensation: $92,000 annually)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WALTER W WANG | PRESIDENT | 1 | — |
| SHIRLEY WANG | DIRECTOR | 1 | — |
| WALTER WANG JR | OFFICER | 20 | $91,657 |
Contact Information
Address: 5200 W Century Boulevard, Los Angeles, CA 90045-5928
Phone: 310-693-8200
Website: No public website listed
Email: Not publicly available
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Jmm Charitable Foundation Inc fund?
The foundation supports initiatives in the following areas: • **Education** — Elementary, secondary, and higher education • **Healthcare & Medical Research** — Hospitals, medical centers, and specialized medical research (particularly urology research and emergency medicine) • **Community & Economic Development** • **Human Services** • **Civil Rights & Legal Aid** • **Asian American & Pacific Islander Community Support** — Organizations promoting cultural equity and representation
How do I apply for a grant from Jmm Charitable Foundation Inc?
**Grant Activity:** • Total giving: $9.3 million to $11.2 million annually • Grant range: $1,000 to $2,970,000 • Median grant size: $100,000 • Recent grants (2024) include: • Charles B Wang Community Health Center: $2,970,000 (General Support) • Women's Guild Cedars-Sinai Medical Center: $1,500,000 (Department of Emergency Medicine support) • Gold House Foundation: $1,100,000 (General Support) **Application Process:** The foundation operates on a preselected-only basis and does not accept unsol…
Where does Jmm Charitable Foundation Inc make grants?
The foundation primarily focuses on: • Los Angeles and Southern California • California, New York, and Georgia • Additional operations in cities including Atlanta, New York, and Seattle • States including Washington and Utah
What size grants does Jmm Charitable Foundation Inc award?
In 2024, Jmm Charitable Foundation Inc awarded 17 grants totaling $9.3M — an average of about $549K per grant, based on its IRS Form 990 filings.
How much is Jmm Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jmm Charitable Foundation Inc reported a distributable amount of $15.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Jmm Charitable Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Gochnauer Family Foundation
CORONA DEL MAR, CA
Assets
$15.2M
Grants
39
Total Given
$313K
Cottage Health
SANTA BARBARA, CA
Assets
$172.1M
Grants
6
Total Given
$179K
International Right of Way Association
GARDENA, CA
Assets
$5.7M
Grants
1
Total Given
$9K
Quince Interfaith Housing Corporation
LEMON GROVE, CA
Assets
—
Grants
0
Total Given
—
William & Lillian Schwartz Charitable Foundation
LA JOLLA, CA
Assets
$325K
Grants
1
Total Given
$3K
Covia Foundation
GLENDALE, CA
Assets
$15.2M
Grants
1
Total Given
$4.8M
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Jmm Charitable Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Jmm Charitable Foundation Inc to a real strategy.