JMP Foundation Inc

WILMINGTON, DE EIN: 20-3462159

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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

11states
+4 more states

Cities

AllendaleEastonEatontownEdisonEncinoFlemingtonHamiltonHazletJacksonKing Of PrussiaLong BranchMendhamMillburnMillportNeptuneNew BrunswickNorth HaledonNorthfieldOcean GroveOmaha

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$383K$766K$1M$2M20202021202220232024
Metric202420232022
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

$0$295K$591K$886K$1M31 grants202027 grants202115 grants202221 grants202327 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAS GROW A ROW INC$350KMISSIONARY SOCIETY OF TH…$100KHUMANE SOCIETY OF ST THO…$88KHUMANE SOCIETY OF ST THO…$25KTRI-COUNTY SCHOLARSHIP F…$25KCOMMUNITY FOUNDATION OF …$20KFLEMINGTON AREA FOOD PAN…$20KFOODBANK OF MONMOUTH AND…$20KHUMANE SOCIETY OF ST THO…$20KLUNCH BREAK$20K

Grant Size Distribution

121 grants across all recorded years

102<$50K6$50–100K9$100–250K3$250–500K1$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
AMERICAS GROW A ROW INC PITTSTOWN, NJOperations$350,000
BIG BROTHERS BIG SISTERS OF ATLANTIC & CAPE MAY CO NORTHFIELD, NJGeneral & Unrestricted$5,000
COMMUNITY FOUNDATION OF THE VIRGIN ISLANDS INC ST THOMAS, VIJMP Fund$20,000
FLEMINGTON AREA FOOD PANTRY INC FLEMINGTON, NJGeneral & Unrestricted$20,000
FOODBANK OF MONMOUTH AND OCEAN COUNTIES INC NEPTUNE, NJGeneral & Unrestricted$20,000
GIFFT HILL SCHOOL ST JOHN, VIGeneral & Unrestricted$5,000
HUMANE SOCIETY OF ST THOMAS ST THOMAS, VIOperational salary support for the positions of Ex$87,500
HUMANE SOCIETY OF ST THOMAS ST THOMAS, VIOperational salary support for the position of Exe$25,000
HUMANE SOCIETY OF ST THOMAS ST THOMAS, VICharitable Event$20,000
LAFAYETTE COLLEGE EASTON, PAJMP 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

NameTitleHoursCompensation
Juliana DrinaneVP1
Christine A PapaVP1
Joseph PapaCEO, Dir1
Marylee M PratnickiSec, Dir5

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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Related Funders

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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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