JPMorgan Chase Foundation
Looking for JPMorgan Chase grants for nonprofits? JPMorgan Chase Foundation is JPMorgan Chase's company-sponsored foundation, and this page covers the grants it reports to the IRS on Form 990-PF.
JPMorgan Chase Foundation is a private foundation based in New York, New York. Its 2025 filing reports 11,076 grants totaling $192,986,711. Listed grant purposes include economic mobility and career pathways, underserved small-business expansion, neighborhood revitalization, and financial health.
JPMorgan Chase Foundation at a glance
In short: JPMorgan Chase Foundation gave $193.0M across 11,076 grants in 2025 (avg $17K), top state California. 21% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $192,986,711
- -4.7% vs 2024
- Grants made (2025)
- 11,076
- +7.2% vs 2024
- Average grant
- $17,424
- -11.1% vs 2024
- Median grant
- $600
- Total assets
- $1,092,832,398
- -10.4% vs 2024
- New grantees (estimate)
- 21% first-time grantees (2,179 of 10,583, 2025)
- Primary geography
- California (17% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to JPMorgan Chase Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 270 Park Avenue 27Th Floor, New York, NY 10017
Phone: (212) 270-6000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who JPMorgan Chase Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Careers and Enterprise Company Limited ($3.3M across 2 grants). Together the top 10 received $21.0M.
Organizations only. It also paid 9 grants to individuals ($156,575), which are not listed by name.
Grant Size Distribution
48,394 grants across all recorded years
The most common grant size was under $50K: 45,580 grants of 48,394 (94%).
Geographic Focus
Where this funder awards grants
In 2025, the largest reported shares of grant dollars by recipient state were California (17%), New York (13%), and the District of Columbia (10%). Texas received 8%. The filing also lists an unidentified recipient-state category as “?” at 11%.
Grant Distribution by State
Share of 2025 grant dollars across all 11,076 itemized grants.
States
Cities
Is JPMorgan Chase Foundation open to new grantees?
21%
first-time grantees, 2025
In 2025, 2,179 of 10,583 grantees (21%) were first-time recipients. First grants averaged $16K; repeat grants $19K. How we count
Medians: $500 first-time, $667 repeat.
- 68% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−10%). Method
- In 2025 it paid out 329% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $193.0M (2025) to $241.5M (2021). In 2025 it made 11,076 grants totaling $193.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Careers and Enterprise Company Limited | In support of creating economic mobility and career pathways | $2,197,332 |
| Code for America Labs Inc San Francisco, CA | In Support of Underserved Small Business Expansion | $2,000,000 |
| Economic Development Partnership of Alabama Foundation Birmingham, AL | In Support of Underserved Small Business Expansion | $2,000,000 |
| The Chicago Community Foundation Chicago, IL | In Support of Underserved Small Business Expansion | $1,750,000 |
| Enterprise Community Partners Inc Columbia, MD | In Support of Neighborhood Revitalization | $1,675,000 |
| COMMIT2DALLAS Dallas, TX | In support of creating economic mobility and career pathways | $1,500,000 |
| Neighborhood Housing Services of Los Angeles County Los Angeles, CA | In Support of Neighborhood Revitalization | $1,500,000 |
| Reclaiming Chicago NFP Chicago, IL | In Support of Neighborhood Revitalization | $1,375,000 |
| Vibrant Emotional Health New York City, NY | In support of creating economic mobility and career pathways | $1,368,000 |
| Possibility Labs Concord, CA | In Support of Neighborhood Revitalization | $1,359,160 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,092,832,398 | $34,014,059 | $209,490,253 | $192,986,711 | 11,076 | $193,063,722 | $31,910,088 | $58,736,379 |
| 2024 | $1,219,377,637 | $995,506,022 | $205,392,706 | $202,504,945 | 10,334 | $202,576,018 | $994,796,315 | $34,573,733 |
| 2023 | $442,059,290 | $155,763,432 | $194,953,574 | $220,805,696 | 10,800 | $220,862,772 | $13,934,146 | $21,945,272 |
| 2022 | $490,151,596 | $51,975,214 | $203,162,165 | $214,110,999 | 8,498 | $214,174,432 | $30,478,844 | $30,259,086 |
| 2021 | $675,856,149 | $488,434,024 | $237,796,364 | $241,454,646 | 7,686 | $241,519,506 | $478,932,467 | $30,823,041 |
| 2020 | $437,786,505 | $354,862,569 | $279,602,904 | $217,569,162 | 6,275 | — | $99,096,926 | $18,774,216 |
| 2019 | $302,020,428 | $256,877,839 | $238,503,567 | $205,893,545 | 4,628 | — | $6,136,246 | $16,631,882 |
Under IRS private-foundation payout rules, JPMorgan Chase Foundation reported a distributable amount of $58.7M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available materials do not state a mission specifically for the foundation. Its 2025 grants indicate support for work in economic mobility and career pathways, small-business expansion, neighborhood revitalization, and financial health.
Grantees’ own descriptions illustrate the kinds of organizations supported. Enterprise Community Partners says its mission is to make home and community places of pride, belonging, resilience, and upward mobility, with a focus on affordable housing. Commit2Dallas describes a goal of helping at least half of Dallas County residents ages 25 to 34 earn a living wage by 2040. The Urban Institute describes itself as a nonprofit research organization that equips changemakers with evidence and solutions. These are grantees’ stated missions, not the foundation’s.
Grantmaking
In filing year 2025, the foundation reported 11,076 grants totaling $192,986,711. Grant amounts ranged from $2 to $2,197,332, with a median of $600.
Among the largest reported grants were $2,197,332 to The Careers and Enterprise Company Limited for economic mobility and career pathways; $2,000,000 each to Code for America Labs and the Economic Development Partnership of Alabama Foundation for underserved small-business expansion; and $1,750,000 to The Chicago Community Foundation for the same purpose. Other notable awards included $1,675,000 to Enterprise Community Partners for neighborhood revitalization, $1,500,000 to Commit2Dallas for economic mobility and career pathways, and $1,300,000 to the Urban Institute for financial health.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Timothy Berry as director and chairman; Carol Lake as director and president; Joseph Tobias as director and treasurer; Jeremy Barnum and Heather Higginbottom as directors; Tim Kellogg as assistant treasurer; Seth Grossman as secretary; Nikkita Subramanian as assistant secretary; and Alexis Bataillon and Hang Ho as senior vice presidents.
JPMorgan Chase Foundation is led by Carol Lake, Director & President since 2022 (on filings since 2019); none of the 31 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carol Lake
Director & President
Senior Vice President → Director & President, 2022
On filings since 2019
20 hrs/week
No compensation reported
Timothy Berry
Director & Chairman
Director & Vice Chairman → Director & Chairman, 2024
On filings since 2023
1 hr/week
No compensation reported
Heather Higginbottom
Director
Director & Senior Vice President → Director, 2022
On filings since 2021
0.8 hrs/week
No compensation reported
Jeremy Barnum
Director
On filings since 2021
1 hr/week
No compensation reported
Joseph Tobias
Director & Treasurer
On filings since 2023
12 hrs/week
No compensation reported
Courtney Hodapp
Senior Vice President
Vice President → Senior Vice President, 2022
On filings since 2019
6 hrs/week
No compensation reported
Elsa Chin
Vice President
On filings since 2019
20 hrs/week
No compensation reported
Hang Ho
Senior Vice President
Vice President → Senior Vice President, 2022
On filings since 2019
20 hrs/week
No compensation reported
Jennie Sparandara
Senior Vice President
Vice President → Senior Vice President, 2022
On filings since 2019
20 hrs/week
No compensation reported
Allen Fernandez Smith
Vice President
On filings since 2020
20 hrs/week
No compensation reported
Charles Corrigan
Vice President
On filings since 2020
20 hrs/week
No compensation reported
Daniel Okonkwo
Vice President
On filings since 2021
20 hrs/week
No compensation reported
Abigail Suarez
Vice President
On filings since 2022
20 hrs/week
No compensation reported
Hanka Boldemann
Vice President
On filings since 2022
20 hrs/week
No compensation reported
Maneesha Chadha
Vice President
On filings since 2022
20 hrs/week
No compensation reported
Roma Kaundal
Vice President
On filings since 2022
20 hrs/week
No compensation reported
Seth Grossman
Secretary
On filings since 2022
20 hrs/week
No compensation reported
Shaolee Sen
Vice President
On filings since 2022
20 hrs/week
No compensation reported
Tim Kellogg
Assistant Treasurer
On filings since 2022
2 hrs/week
No compensation reported
Vanessa Engel
Vice President
On filings since 2022
20 hrs/week
No compensation reported
Matthew Muench
Vice President
On filings since 2023
20 hrs/week
No compensation reported
Rodolfo Lozano
Vice President
On filings since 2023
4 hrs/week
No compensation reported
Alexis Bataillon
Senior Vice President
New on the 2025 filing
6 hrs/week
No compensation reported
Husna Ali-Khan
Vice President
New on the 2025 filing
20 hrs/week
No compensation reported
Jeanique D. Riche-Druses
Vice President
New on the 2025 filing
20 hrs/week
No compensation reported
Jessica Ferguson
Vice President
New on the 2025 filing
20 hrs/week
No compensation reported
Maria Escorcia
Vice President
New on the 2025 filing
20 hrs/week
No compensation reported
Mercedeh Mortazavi
Vice President
New on the 2025 filing
20 hrs/week
No compensation reported
Michelle R. Thomas
Vice President
New on the 2025 filing
20 hrs/week
No compensation reported
Nikkita Subramanian
Assistant Secretary
New on the 2025 filing
20 hrs/week
No compensation reported
Sarah Bainton Kahn
Vice President
New on the 2025 filing
6 hrs/week
No compensation reported
Former officers (32)
- Former: Julie Slama (2020–2024) — Senior Vice President · Filing note: Resigned May 2024
- Former: Sarah Willis (2022–2024) — Vice President · Filing note: Resigned April 2024
- Former: Rita German (2023–2024) — Vice President · Filing note: Effective 3152023
- Former: David Salaverry (2019–2023) — Director & Treasurer · Filing note: Resigned 5242023
- Former: Linda Rodriguez (2019–2023) — Vice President
- Former: Monique Baptiste (2019–2023) — Vice President · Filing note: Resigned oct 202
- Former: Demetrios Marantis (2022–2023) — Director & Vice Chairman · Filing note: Resigned 51820
- Former: Ingrid Miller (2019–2022) — Secretary · Filing note: Resigned 412022
- Former: Peter Scher (2019–2022) — Director & Chairman · Filing note: Resigned 12622
- Former: Whitney Smith (2019–2022) — Senior Vice President · Filing note: Resigned 52722
- Former: Timothy Hogan (2020–2022) — Senior Vice President · Filing note: Resigned 2252022
- Former: Colleen Briggs (2019–2021) — Vice President
- Former: Janis Bowdler (2019–2021) — Director & President · Filing note: Resigned 10/13/2021
- Former: Karen Keogh (2019–2021) — Director & Vice Chairman · Filing note: Resigned 5102021
- Former: Ted Archer (2019–2021) — Vice President · Filing note: Resigned 212021
- Former: Jennifer Piepszak (2020–2021) — Director · Filing note: Resigned 6102021
- Former: Carol Lake - President (2021) — Director & President · Filing note: From 101421
- Former: Caitlin McCarthy (2019–2020) — Vice President · Filing note: Through 692020
- Former: Catherine Costa (2019–2020) — Vice President · Filing note: Through 692020
- Former: Courtney Bryan (2019–2020) — Vice President
- Former: Daniel Sprehe (2019–2020) — Vice President · Filing note: Through 692020
- Former: Diana Tsui (2019–2020) — Vice President · Filing note: Through 52020
- Former: Kari Decker (2019–2020) — Vice President · Filing note: Through 692020
- Former: Marianne Lake (2019–2020) — Director · Filing note: Through 692020
- Former: Sarah Steinberg (2019–2020) — Vice President · Filing note: Through 692020
- Former: Danielle Borrin-Hertz (2020) — Vice President · Filing note: Through 6920
- Former: Whitney Smith - Svp (2020) — Senior Vice President · Filing note: Effective 69202
- Former: Anne Romatowski (2019) — Vice President
- Former: Danielle Hertz (2019) — Vice President
- Former: Irene Baker (2019) — Vice President
- Former: Leonard A. Lombardi (2019) — Assistant Treasurer · Filing note: Through 612019
- Former: Lynn Casper (2019) — Director & Treasurer · Filing note: Through 1232019
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about JPMorgan Chase Foundation
How much does JPMorgan Chase Foundation give each year?
JPMorgan Chase Foundation gave $193.0M across 11,076 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $202.5M across 10,334 grants.
What is JPMorgan Chase Foundation's typical grant size?
JPMorgan Chase Foundation's median grant in 2025 was $600, and its average grant was $17,424, across 11,076 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from JPMorgan Chase Foundation that year got $16K on average.
Where does JPMorgan Chase Foundation give grants?
JPMorgan Chase Foundation's top state is California, with 17% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New York (13%) and District of Columbia (10%). The most frequent recipient cities were New York, NY (778 grants), Chicago, IL (460 grants), Columbus, OH (334 grants) and Washington, DC (246 grants).
Does JPMorgan Chase Foundation give general operating support?
Yes: 95% of JPMorgan Chase Foundation's 2025 grants with a stated purpose (10,567 of 11,076) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "In Support of Creating Economic Mobility and Career Pathways" (217 grants), "In Support of Underserved Small Business Expansion" (145 grants) and "In Support of Neighborhood Revitalization" (128 grants).
Who are JPMorgan Chase Foundation's largest grantees?
JPMorgan Chase Foundation's largest 2025 grantees include The Careers and Enterprise Company Limited ($3,305,378 across 2 grants), Enterprise Community Partners Inc ($2,350,000 across 2 grants) and The Chicago Community Foundation ($2,250,680 across 5 grants), according to its 2025 IRS Form 990-PF. It also paid 9 grants to individuals ($156,575), which are not listed by name. Together they received 4% of its itemized 2025 grant dollars.
How large is JPMorgan Chase Foundation?
JPMorgan Chase Foundation reported $1.1B in total assets on its 2025 IRS Form 990-PF. It paid out $193.1M in qualifying distributions that year, against a required minimum of $58.7M (roughly 5% of its investment assets).
What does JPMorgan Chase Foundation fund?
The available materials do not state a mission specifically for the foundation. Its 2025 grants indicate support for work in economic mobility and career pathways, small-business expansion, neighborhood revitalization, and financial health. See mission & focus areas ↑
How do I apply for a grant from JPMorgan Chase Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is JPMorgan Chase Foundation's EIN?
JPMorgan Chase Foundation's EIN (Employer Identification Number) is 23-7049738. IRS Form 990 filing data is available on this page for 2019–2025.
Does JPMorgan Chase Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Does JPMorgan Chase give grants to nonprofits?
Yes. JPMorgan Chase Foundation, JPMorgan Chase's company-sponsored foundation, awarded 11,076 grants totaling $193.0M in 2025, according to its IRS Form 990-PF. JPMorgan Chase may also give through corporate programs that are not reported on the foundation's 990.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS September 10, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 20, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in JPMorgan Chase Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). JPMorgan Chase Foundation funder profile. GrantGraph. Retrieved October 7, 2026, from https://grantable.co/funders/jpmorgan-chase-foundation-morg_f6394bc14b1640a8876d4ea9351a368c
BibTeX
@misc{grantable_237049738_2026,
author = {{Grantable}},
title = {{JPMorgan Chase Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/jpmorgan-chase-foundation-morg_f6394bc14b1640a8876d4ea9351a368c},
note = {Accessed 2026-10-07. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from JPMorgan Chase Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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