Joly Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COHOES, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.7M in total assets. In 2024, it awarded 7 grants totaling $345K. Net investment income was $991K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.7M
+5.8% YoY
Annual Giving
$345K
+163.4% YoY
Grant Count
7
+75.0% YoY
Avg Grant Size
$49K
+50.5% YoY
Under IRS private-foundation payout rules, Joly Family Foundation reported a distributable amount of $551K for 2024 — the minimum it must pay out in qualifying distributions.
About Joly Family Foundation
Based on IRS filings
Joly Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COHOES, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.7M in total assets. In 2024, it awarded 7 grants totaling $345K. Net investment income was $991K.
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 | $11,700,288 | $11,061,780 | $11,394,263 |
| Revenue | $1,024,879 | $-170,658 | $1,850,636 |
| Expenses | $384,387 | $183,110 | $459,526 |
| Qualifying Distributions | $550,145 | $133,400 | $354,909 |
| Net Investment Income | $990,643 | $268,655 | $560,683 |
| Distributable Amount | $551,411 | $493,831 | $448,867 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Best Buy Foundation ($100,000), Best Buy Foundation ($100,000), Best Buy Foundation ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BEST BUY FOUNDATION MINNEAPOLIS, MN | BEST BUY TEEN TECH CENTER PRESENTING PARTNER SPONSORSHIP: CAPRI | $100,000 |
| BEST BUY FOUNDATION MINNEAPOLIS, MN | BEST BUY TEEN TECH CENTER PRESENTING PARTNER SPONSORSHIP: GRAND STREET SETTLEMENT | $100,000 |
| BEST BUY FOUNDATION MINNEAPOLIS, MN | BEST BUY TEEN TECH CENTER PRESENTING PARTNER SPONSORSHIP: BROOKLYN PUBLIC LIBRARY | $50,000 |
| UNITED WAY OF THE GREATER LEHIGH VALLEY ALLENTOWN, PA | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $50,000 |
| JUST CAPITAL NEW YORK, NY | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $25,000 |
| FRIENDS OF HEC NEW YORK, NY | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 |
| THE JED FOUNDATION NEW YORK, NY | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HUBERT B JOLY | PRESIDENT & TREASURER | 1 | — |
| AGATHE JOLY | SECRETARY | 1 | — |
| STANISLAS JOLY | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Joly Family Foundation?
Joly Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COHOES, NY. It holds $11.7M in total assets as of 2024.
How large is Joly Family Foundation?
As of 2024, Joly Family Foundation holds $11.7M in total assets with $1.0M in annual revenue. It awarded 7 grants totaling $345K in 2024.
Where does Joly Family Foundation operate?
Joly Family Foundation has awarded grants in Minnesota, New York, Pennsylvania.
What size grants does Joly Family Foundation award?
In 2024, Joly Family Foundation awarded 7 grants totaling $345K — an average of about $49K per grant, based on its IRS Form 990 filings.
How much is Joly Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Joly Family Foundation reported a distributable amount of $551K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Joly Family Foundation's EIN?
Joly Family Foundation's EIN (Employer Identification Number) is 83-1047438. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Joly Family Foundation'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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