Jolyn Foundation Inc
Jolyn Foundation Inc is a private foundation based in Watchung, New Jersey. The organization has been tax-exempt since December 1986 and operates as a 501(c)(3) entity.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-3.7% YoY
Annual Giving
$210K
-10.9% YoY
Grant Count
25
-7.4% YoY
Avg Grant Size
$8K
-3.8% YoY
Under IRS private-foundation payout rules, Jolyn Foundation Inc reported a distributable amount of $243K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Food Pantries
- Housing
- Women's Shelters
- Supportive Housing and Shelters
Grantmaking
Grant Range
** $750 - $30,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New Jersey
- Virginia
- New York
The foundation also awards grants in California, Texas, Florida, Illinois, and Maryland.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount |
|---|---|
| Total Assets | $1,879,124 |
| Total Giving | $235,750 |
| Total Revenue | $175,176 |
| Total Expenses | $280,117 |
Most Recent Filing: 2023
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,810,161 | $1,879,124 | $1,984,065 |
| Revenue | $187,609 | $175,176 | $237,508 |
| Expenses | $256,572 | $280,117 | $275,018 |
| Qualifying Distributions | $210,000 | $235,750 | $231,129 |
| Net Investment Income | $141,070 | $130,858 | $193,676 |
| Distributable Amount | $242,698 | $216,065 | $220,828 |
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 Community Food Bank ($30,000), Community Hope Veterans Program ($20,000), Homes for Our Troops ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RED CROSS PRINCETON, NJ | GENERAL CHARITY | $10,000 |
| BIRTHRIGHT ISRAEL FUND NEW YORK, NY | GENERAL CHARITY | $10,000 |
| COMMUNITY FOOD BANK HILLSIDE, NJ | GENERAL CHARITY | $30,000 |
| COMMUNITY HOPE VETERANS PROGRAM PARSIPPANY, NJ | GENERAL CHARITY | $20,000 |
| DAKIN HUMANE SOCIETY SPRINGFIELD, MA | GENERAL CHARITY | $500 |
| EARTHJUSTICE NEW YORK, NY | GENERAL CHARITY | $10,000 |
| HOMES FOR OUR TROOPS TAUTON, MA | GENERAL CHARITY | $20,000 |
| INTERFAITH FOOD PANTRY (NEW RIVER COMM ACTION) BLACKSBURG, VA | GENERAL CHARITY | $1,000 |
| JDC NEW YORK, NY | GENERAL CHARITY | $3,000 |
| JDRF WOODBRIDGE, NJ | GENERAL CHARITY | $15,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Lynda Goldschein, Director (1 hour per week)
- Sharon Parker, Director (0.5 hours per week)
- Gail Bell, Director (0.5 hours per week)
- Terri Goldschein, Director (0.5 hours per week)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LYNDA GOLDSCHEIN | DIRECTOR | 1 | — |
| SHARON PARKER | DIRECTOR | 0.5 | — |
| GAIL BELL | DIRECTOR | 0.5 | — |
| TERRI GOLDSCHEIN | DIRECTOR | 0.5 | — |
Frequently Asked Questions
What does Jolyn Foundation Inc fund?
The foundation's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Food Pantries • Housing • Women's Shelters • Supportive Housing and Shelters
How do I apply for a grant from Jolyn Foundation Inc?
**Grant Range:** $750 - $30,000 **Median Grant Amount:** $8,692 **Recent Activity:** The foundation awarded 29 grants in 2023 through its General Charity program. **Giving Rate:** 12.2% of assets distributed annually
Where does Jolyn Foundation Inc make grants?
The foundation primarily funds organizations in: • New Jersey • Virginia • New York The foundation also awards grants in California, Texas, Florida, Illinois, and Maryland.
What size grants does Jolyn Foundation Inc award?
In 2024, Jolyn Foundation Inc awarded 25 grants totaling $210K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Jolyn Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jolyn Foundation Inc reported a distributable amount of $243K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jolyn Foundation Inc's EIN?
Jolyn Foundation Inc's EIN (Employer Identification Number) is 22-2758230. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jolyn Foundation Inc's focus areas in our free grants database
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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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