Josiah Macy Jr Foundation logo

Josiah Macy Jr Foundation

Private foundation · Grantmaker New York, NY EIN: 13-5596895 Website

The Josiah Macy Jr. Foundation is a private foundation based in New York, New York, that invests in educational projects to improve health by advancing the education and training of future health professionals. Its stated guiding principle is that health professional education has a social mission to serve the public’s needs and improve public health.

Key facts about Josiah Macy Jr Foundation

In short: Josiah Macy Jr Foundation gave $3.2M across 47 grants in 2025 (avg $67K), top state New York. 63% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
13-5596895
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$3,156,587
Grants made (2025)
47
Average grant
$67,161
Median grant
$71,833
New grantees (estimate)
63% first-time grantees (26 of 41, 2025)
Total assets
$152,624,896
Primary geography
New York (13% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
President’s Grant applications are submitted on a rolling basis. Full details ↓
Deadline
Rolling

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$152.6M

+3.7% YoY

Annual Giving

$3.2M

+8.8% YoY

Grant Count

47

-4.1% YoY

Avg Grant Size

$67K

+13.4% YoY

Under IRS private-foundation payout rules, Josiah Macy Jr Foundation reported a distributable amount of $7.0M for 2025 — the minimum it must pay out in qualifying distributions.

Is Josiah Macy Jr Foundation open to new grantees?

63%

first-time grantees, 2025

In 2025, 26 of 41 grantees (63%) were first-time recipients. First grants averaged $61K; repeat grants $104K. How we count

Medians: $45K first-time, $100K repeat.

  • 22% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+1%). Method
  • In 2025 it paid out 111% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

The Foundation’s current priorities are promoting diversity, equity, and belonging; increasing collaboration among future health professionals; and preparing future health professionals to navigate ethical dilemmas. Its strategic plan focuses on developing, expecting, and supporting exemplary clinical learning environments.

The Foundation provides grants to colleges, universities, and other professional associations. Examples of grantees’ stated missions include George Washington University’s mission to educate students and conduct scholarly research, and the National Association of Social Workers Foundation’s mission to strengthen the social work profession and enhance the well-being of individuals, families, and communities.

Grantmaking

The Foundation reported 47 grants totaling $3,156,587 in 2025. The itemized grants ranged from $5,000 to $125,000, with a median of $71,833. For comparison, it reported 49 grants totaling $2,902,446 in 2024 and 49 totaling $2,875,758 in 2023.

Open Grants

4 open opportunities from Josiah Macy Jr Foundation

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Geographic Focus

Where this funder awards grants

The Foundation is based in New York, New York, and its 2025 grants went to recipients in multiple states and Washington, DC. By share of grant dollars that year, New York received 13%, Massachusetts 11%, Illinois 10%, Washington, DC 7%, and Rhode Island 7%.

Grant Distribution by State

34states

Share of all 47 itemized 2025 grant dollars.

Cities

New YorkPhiladelphiaWashingtonChicagoBostonHoustonAnn ArborAuroraMilwaukeeNew HavenAlexandriaBaltimoreCincinnatiLos AngelesSan FranciscoWalthamAtlantaAustinDurhamMadison

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M45 grants202138 grants202249 grants202349 grants202447 grants2025

From 2021 to 2025, annual grant giving ranged from $2.9M (2023) to $3.2M (2025). In 2025 it made 47 grants totaling $3.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

The Board Trustees of the University of Illinois: $231K across 2 grantsThe Board Trustees of theUniversity of Illinois$231K · 2 grantsBrown University: $225K across 2 grantsBrown University$225K · 2 grantsGeorge Washington University: $150K across 2 grantsGeorge Washington University$150K · 2 grantsBoston College: $125KBoston College$125KMichigan University: $125KMichigan University$125KUniversity of Alabama Health Services Foundation PC: $125KUniversity of Alabama HealthServices Foundation PC$125KUniversity of California LA: $125KUniversity of California LA$125KNew York University: $125K across 2 grantsNew York University$125K · 2 grantsUniversity of Colorado: $124K across 2 grantsUniversity of Colorado$124K · 2 grantsStony Brook University: $110KStony Brook University$110K

The largest 2025 recipient was The Board Trustees of the University of Illinois ($231K across 2 grants). Together the top 10 received $1.5M.

Grant Size Distribution

228 grants across all recorded years

113<$50K51$50–100K64$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 113 grants of 228 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Boston College Chestnut Hill, MATo support the work as a josiah macy jr. Foundation, macy faculty scholar$125,000
Brown University Providence, RITo support the work as a josiah macy jr. Foundation, macy faculty scholar$125,000
Michigan University Ann Arbor, MITo support the work as a josiah macy jr. Foundation, macy faculty scholar$125,000
The Board Trustees of the University of Illinois Chicago, ILTo support the work as a josiah macy jr. Foundation, macy faculty scholar$125,000
The George Washington University Washington, DCTo support the work as a josiah macy jr. Foundation, macy faculty scholar$125,000
University of Alabama Health Services Foundation PC Birmingham, ALTo support the work as a josiah macy jr. Foundation, macy faculty scholar$125,000
University of California LA Los Angeles, CATo support the work as a josiah macy jr. Foundation, macy faculty scholar$125,000
Stony Brook University Stony Brook, NYTo support the work as a josiah macy jr. Foundation, macy faculty scholar$109,784
The Board Trustees of the University of Illinois Chicago, ILTo support the work as a josiah macy jr. Foundation, macy faculty scholar$105,559
Duke University Durham, NCTo support the work as a josiah macy jr. Foundation, macy faculty scholar$104,954

Financial History

Multi-year comparison from IRS filings

Filing year Grants awarded Grant count
2025 $3,156,587 47
2024 $2,902,446 49
2023 $2,875,758 49
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$20M20212022202320242025
Metric202520242023
Total Assets$152,624,896$147,192,747$141,343,941
Revenue$11,331,252$9,140,903$7,837,859
Expenses$9,644,998$8,882,622$9,134,343
Qualifying Distributions$7,784,736$6,999,831$7,480,820
Net Investment Income$9,178,219$5,697,939$5,773,874
Distributable Amount$7,027,012$6,711,851$6,545,399

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  5. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  6. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Holly J. Humphrey, MD, as president; Peter Goodwin as COO-treasurer; Meredith B. Jenkins as chairperson; and Francisco G. Cigarroa, MD; Terry Fulmer, PhD, RN, FAAN; Paul Johnson; Jackie Judd; Jason Lamin; Valerie Montgomery Rice, MD; and Steven M. Safyer, MD, as directors.

Josiah Macy Jr Foundation is led by Holly J. Humphrey MD, President on every filing since 2021; 2 of 13 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Holly J. Humphrey MD

    President

    On filings since 2021

    40 hrs/week

    $800K (2021) → $908K (2025)

  • Meredith B. Jenkins

    Chairperson

    Director → Chairperson, 2024

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Francisco G. Cigarroa MD

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Mary Wakefield Phd Rn Faan

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Steven M. Safyer MD

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Terry Fulmer Phd Rn Faan

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Valerie Montgomery Rice MD

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Donna Snider

    Director

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Jackie Judd

    Director

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Robert Wachter MD

    Director

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Jason Lamin

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Paul Johnson

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Peter Goodwin

    Coo-Treasurer

    On filings since 2021

    40 hrs/week

    $589K (2021) → $642K (2025)

Former officers (8)
  • Former: Gregory H. Warner (2021–2024) — Director
  • Former: Howard K. Koh MD MPH (2021–2024) — Director
  • Former: William H. Wright II (2021–2024) — Chairman
  • Former: David Blumenthalleft Oct (2024) — Director
  • Former: David Blumenthal (2021–2023) — Director
  • Former: George Campbell Jr. PhD (2021) — Director
  • Former: Linda Cronenwett Phd Rn Faan (2021) — Director
  • Former: Linda P. Fried MD MPH (2021) — Director

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Holly J Humphrey MD — President: $908KHolly J Humphrey MDPresident$908KPeter Goodwin — COO-Treasurer: $642KPeter GoodwinCOO-Treasurer$642K

The highest reported compensation on the 2025 filing was $908K, to Holly J Humphrey MD (President). 2 officers or directors reported compensation on that filing.

Contact

Application contact: Peter Goodwin
Mailing address: 44 East 64Th Street, New York, NY 10065
Phone: (212) 486-2424
Website: https://macyfoundation.org

Frequently asked questions about Josiah Macy Jr Foundation

How much does Josiah Macy Jr Foundation give each year?

Josiah Macy Jr Foundation gave $3.2M across 47 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.9M across 49 grants.

What is Josiah Macy Jr Foundation's typical grant size?

Josiah Macy Jr Foundation's median grant in 2025 was $71,833, and its average grant was $67,161, across 47 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Josiah Macy Jr Foundation that year got $61K on average.

Where does Josiah Macy Jr Foundation give grants?

Josiah Macy Jr Foundation's top state is New York, with 13% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Massachusetts (11%) and Illinois (10%). The most frequent recipient cities were Washington, DC (6 grants), Chicago, IL (3 grants), New York, NY (3 grants) and Providence, RI (2 grants).

Does Josiah Macy Jr Foundation give general operating support?

Not in 2025: none of the 47 grants with a stated purpose on Josiah Macy Jr Foundation's 2025 IRS Form 990-PF were described as general or operating support.

Who are Josiah Macy Jr Foundation's largest grantees?

Josiah Macy Jr Foundation's largest 2025 grantees include The Board Trustees of the University of Illinois ($230,559 across 2 grants), Brown University ($225,000 across 2 grants) and George Washington University ($150,000 across 2 grants), according to its 2025 IRS Form 990-PF. Together they received 19% of its itemized 2025 grant dollars.

How large is Josiah Macy Jr Foundation?

Josiah Macy Jr Foundation reported $152.6M in total assets on its 2025 IRS Form 990-PF. It paid out $7.8M in qualifying distributions that year, against a required minimum of $7.0M (roughly 5% of its investment assets).

What does Josiah Macy Jr Foundation fund?

The Foundation’s current priorities are promoting diversity, equity, and belonging; increasing collaboration among future health professionals; and preparing future health professionals to navigate ethical dilemmas. See mission & focus areas ↑

How do I apply for a grant from Josiah Macy Jr Foundation?

President’s Grant applications are submitted on a rolling basis. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Josiah Macy Jr Foundation's EIN?

Josiah Macy Jr Foundation's EIN (Employer Identification Number) is 13-5596895. IRS Form 990 filing data is available on this page for 2021–2025.

Does Josiah Macy Jr Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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