There are two distinct organizations with similar names in the verified sources:
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.4M
-8.3% YoY
Annual Giving
$901K
+29.8% YoY
Grant Count
27
+28.6% YoY
Avg Grant Size
$33K
+1.0% YoY
Under IRS private-foundation payout rules, JMP Foundation Inc reported a distributable amount of $382K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Wilmington, DE Foundation
Primary funding focus areas include:
- Nonprofit human services
- Reproductive health
- Human and social services
- Nursing home support
- Christian nonprofits
Brooklyn, NY Foundation (John Michael Pierce Foundation)
The foundation's mission is to raise awareness in young adults about the early signs and symptoms of esophageal cancer and the importance of early detection. The foundation also makes annual donations to organizations aligned with John Michael's personal values, including:
- Highlands College (ministry student scholarships)
- The Robert E. Reed GI Oncology Research Foundation (patient care and GI cancer research)
Grantmaking
Grant Range
** $3,000–$350,000
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Geographic Focus
Where this funder awards grants
Wilmington, DE Foundation
Primary funding areas: New Jersey, Virgin Islands, and Pennsylvania
Brooklyn, NY Foundation
In-state only (New York)
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Wilmington, DE Foundation
- Total assets (2023): $6,980,109
- Total assets (2024): $6,400,769
- Total revenues (2023): $274,185
- Total expenses (2023): $765,431
- Number of employees: 0
Brooklyn, NY Foundation
- Total assets (2023): $439,000
- Total giving (2023): $51,018
- Giving rate: 11.6% of assets
- Number of employees: 0
- Note: 100% volunteer-run organization with no administrative costs
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,400,769 | $6,980,109 | $7,471,355 |
| Revenue | $394,036 | $274,185 | $949,956 |
| Expenses | $973,376 | $765,431 | $701,939 |
| Qualifying Distributions | $936,558 | $728,037 | $656,983 |
| Net Investment Income | $351,955 | $237,892 | $868,110 |
| Distributable Amount | $382,407 | $374,597 | $361,205 |
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
121 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Americas Grow a Row Inc ($350,000), Missionary Society of the Salesian Sisters Inc ($100,000), Humane Society of St Thomas ($87,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAS GROW A ROW INC PITTSTOWN, NJ | Operations | $350,000 |
| BIG BROTHERS BIG SISTERS OF ATLANTIC & CAPE MAY CO NORTHFIELD, NJ | General & Unrestricted | $5,000 |
| COMMUNITY FOUNDATION OF THE VIRGIN ISLANDS INC ST THOMAS, VI | JMP Fund | $20,000 |
| FLEMINGTON AREA FOOD PANTRY INC FLEMINGTON, NJ | General & Unrestricted | $20,000 |
| FOODBANK OF MONMOUTH AND OCEAN COUNTIES INC NEPTUNE, NJ | General & Unrestricted | $20,000 |
| GIFFT HILL SCHOOL ST JOHN, VI | General & Unrestricted | $5,000 |
| HUMANE SOCIETY OF ST THOMAS ST THOMAS, VI | Operational salary support for the positions of Ex | $87,500 |
| HUMANE SOCIETY OF ST THOMAS ST THOMAS, VI | Operational salary support for the position of Exe | $25,000 |
| HUMANE SOCIETY OF ST THOMAS ST THOMAS, VI | Charitable Event | $20,000 |
| LAFAYETTE COLLEGE EASTON, PA | JMP Foundation Annual Fund Scholarship Scholarship | $15,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Brooklyn, NY Foundation
- Joel Paskes – Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Juliana Drinane | VP | 1 | — |
| Christine A Papa | VP | 1 | — |
| Joseph Papa | CEO, Dir | 1 | — |
| Marylee M Pratnicki | Sec, Dir | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does JMP Foundation Inc fund?
Primary funding focus areas include: • Nonprofit human services • Reproductive health • Human and social services • Nursing home support • Christian nonprofits The foundation's mission is to raise awareness in young adults about the early signs and symptoms of esophageal cancer and the importance of early detection. The foundation also makes annual donations to organizations aligned with John Michael's personal values, including: • Highlands College (ministry student scholarships) • The Robert …
How do I apply for a grant from JMP Foundation Inc?
• **Total giving (2023):** $900,500 • **Grant range:** $3,000–$350,000 • **Recent grants (2023):** • Americas Grow-A-Row: $250,000 (General & Unrestricted) • Missionary Society of the Salesian Sisters: $100,000 (Mary Help Education Fund) • Stephen Siller Tunnel To Towers Foundation: $50,000 (General & Unrestricted) • Made 15 grants in 2023 • **Total giving (2023):** $51,018 • **Number of grants (2023):** 12 • **Median grant:** $4,000 • **Grant range:** $1,000–$16,000 • **Application policy:** P…
Where does JMP Foundation Inc make grants?
Primary funding areas: New Jersey, Virgin Islands, and Pennsylvania In-state only (New York)
What size grants does JMP Foundation Inc award?
In 2024, JMP Foundation Inc awarded 27 grants totaling $901K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is JMP Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, JMP Foundation Inc reported a distributable amount of $382K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is JMP Foundation Inc's EIN?
JMP Foundation Inc's EIN (Employer Identification Number) is 20-3462159. IRS Form 990 filing data is available on this page for 2020–2024.
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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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