Jolly Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAVANNAH, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $155K in total assets. In 2024, it awarded 21 grants totaling $17K. Net investment income was $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$155K
-4.7% YoY
Annual Giving
$17K
+108.1% YoY
Grant Count
21
+40.0% YoY
Avg Grant Size
$797.619
+48.6% YoY
Under IRS private-foundation payout rules, Jolly Foundation Inc reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
About Jolly Foundation Inc
Based on IRS filings
Jolly Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAVANNAH, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $155K in total assets. In 2024, it awarded 21 grants totaling $17K. Net investment income was $11K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $154,641 | $162,322 | $138,733 |
| Revenue | $10,832 | $32,689 | $8,837 |
| Expenses | $18,562 | $9,100 | $14,421 |
| Qualifying Distributions | $16,750 | $8,050 | $13,250 |
| Net Investment Income | $10,632 | $32,689 | $9,107 |
| Distributable Amount | $18,135 | $15,161 | $15,678 |
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
99 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Caretta Research Project ($2,000), University of Georgia ($2,000), Savannah Tree Foundation ($1,250).
| Recipient | Purpose | Amount |
|---|---|---|
| CARETTA RESEARCH PROJECT SAVANNAH, GA | RESEARCH SUPPORT | $2,000 |
| EMANUEL COUNTY ANIMAL SHELTER SWAINSBORO, GA | GENERAL FUND | $750 |
| FIRST PRESBYTERIAN CHURCH SAVANNAH, GA | MUSIC WITH A MISSION | $750 |
| OGEECHEE RIVERKEEPER SAVANNAH, GA | UNRESTRICTED GRANT | $1,000 |
| OLD SAVANNAH CITY MISSION SAVANNAH, GA | UNRESTRICTED GRANT | $500 |
| ONE HUNDRED MILES SAVANNAH, GA | UNRESTRICTED GRANT | $500 |
| OSSABAW ISLAND FOUNDATION INC SAVANNAH, GA | UNRESTRICTED GRANT | $500 |
| PRESBYTERIAN HOMES OF GEORGIA QUITMAN, GA | UNRESTRICTED GRANT | $1,000 |
| SALVATION ARMY SAVANNAH, GA | UNRESTRICTED GRANT | $500 |
| SAVANNAH TREE FOUNDATION SAVANNAH, GA | UNRESTRICTED GRANT | $1,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GWEN S MCKEE | PRESIDENT | — | — |
| THOMAS W MCKEE | VICE PRES. | — | — |
| MARY ELLEN MCKEE | TRUSTEE | — | — |
| KEVIN ADAMS | TRUSTEE | — | — |
| DIETER GUNKEL | TRUSTEE | — | — |
| CLERMONT FRASER | TRUSTEE | — | — |
| CLAIRE COMPTON | TRUSTEE | — | — |
| SARAH POLLETT | SECRETARY | — | — |
| EIMAN AZIM | TREASURER | — | — |
| BILLY MCKEE | TRUSTEE | — | — |
| DAVE WOLFOWITZ | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jolly Foundation Inc?
Jolly Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAVANNAH, GA. It holds $155K in total assets as of 2024.
How large is Jolly Foundation Inc?
As of 2024, Jolly Foundation Inc holds $155K in total assets with $11K in annual revenue. It awarded 21 grants totaling $17K in 2024.
Where does Jolly Foundation Inc operate?
Jolly Foundation Inc has awarded grants in Colorado, Georgia, Montana, North Carolina, Oregon, Tennessee, Texas.
What size grants does Jolly Foundation Inc award?
In 2024, Jolly Foundation Inc awarded 21 grants totaling $17K — an average of about $797.619 per grant, based on its IRS Form 990 filings.
How much is Jolly Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jolly Foundation Inc reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jolly Foundation Inc's EIN?
Jolly Foundation Inc's EIN (Employer Identification Number) is 20-2073674. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jolly Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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