N Eric & Olga N Jorgensen Family Foundation
N Eric & Olga N Jorgensen Family Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2021 through 2024. In 2024, it awarded 8 grants totaling $92K. Net investment income was $70K.
Key facts about N Eric & Olga N Jorgensen Family Foundation
In short: N Eric & Olga N Jorgensen Family Foundation gave $92K across 8 grants in 2024 (avg $12K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.
- EIN
- 87-2244712
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $92,104
- Grants made (2024)
- 8
- Average grant
- $11,513
- Median grant
- $3,750
- Primary geography
- New Jersey (58% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$92K
+223.2% YoY
Grant Count
8
+33.3% YoY
Avg Grant Size
$12K
+142.4% YoY
Under IRS private-foundation payout rules, N Eric & Olga N Jorgensen Family Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
How N Eric & Olga N Jorgensen Family Foundation gives
- Giving fell 69% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $29K (2023) to $300K (2021). In 2024 it made 8 grants totaling $92K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was The Bessemer Giving Fund ($53K across 2 grants). Together the top 7 received $92K.
Grant Size Distribution
24 grants across all recorded years
The most common grant size was under $50K: 22 grants of 24 (92%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Bessemer Giving Fund Woodbridge, NJ | General & Unrestricted | $52,135 |
| Boca Ballet Theatre Company Boca Raton, FL | General & Unrestricted | $15,000 |
| Youth America Grand Prix Inc New York, NY | General & Unrestricted | $15,000 |
| Miami City Ballet Inc Miami Beach, FL | General & Unrestricted | $5,000 |
| Palm Beach Opera Inc West Palm BCH, FL | General & Unrestricted | $2,500 |
| Operation Mobilization Tyrone, GA | Charitable Event | $1,000 |
| The Bessemer Giving Fund Woodbridge, NJ | The Jorgensen Family Fund | $969 |
| Friends of Felines Inc Stamford, CT | General & Unrestricted | $500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $83,299 | $118,494 |
| Revenue | $24,457 | $604 | $67,368 |
| Expenses | $107,756 | $35,799 | $64,427 |
| Qualifying Distributions | $107,599 | $34,499 | $59,508 |
| Net Investment Income | $70,235 | $604 | $95,295 |
| Distributable Amount | $2,024 | $4,955 | $3,598 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
N Eric & Olga N Jorgensen Family Foundation is led by N Eric Jorgensen, Director, President, Secretary & Treasurer on every filing since 2021 — the only officer listed, and uncompensated.
Officers on the 2024 filing
N Eric Jorgensen
Director, President, Secretary & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 N Eric & Olga N Jorgensen Family Foundation
How much does N Eric & Olga N Jorgensen Family Foundation give each year?
N Eric & Olga N Jorgensen Family Foundation gave $92K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $29K across 6 grants.
What is N Eric & Olga N Jorgensen Family Foundation's typical grant size?
N Eric & Olga N Jorgensen Family Foundation's median grant in 2024 was $3,750, and its average grant was $11,513, across 8 grants on its 2024 IRS Form 990-PF.
Where does N Eric & Olga N Jorgensen Family Foundation give grants?
N Eric & Olga N Jorgensen Family Foundation gives mostly in New Jersey: 58% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Florida (24%) and New York (16%). The most frequent recipient cities were Woodbridge, NJ (2 grants).
Does N Eric & Olga N Jorgensen Family Foundation give general operating support?
Yes: 75% of N Eric & Olga N Jorgensen Family Foundation's 2024 grants with a stated purpose (6 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are N Eric & Olga N Jorgensen Family Foundation's largest grantees?
N Eric & Olga N Jorgensen Family Foundation's largest 2024 grantees include The Bessemer Giving Fund ($53,104 across 2 grants), Boca Ballet Theatre Company ($15,000) and Youth America Grand Prix Inc ($15,000), according to its 2024 IRS Form 990-PF. Together they received 90% of its itemized 2024 grant dollars.
How much is N Eric & Olga N Jorgensen Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, N Eric & Olga N Jorgensen Family Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is N Eric & Olga N Jorgensen Family Foundation's EIN?
N Eric & Olga N Jorgensen Family Foundation's EIN (Employer Identification Number) is 87-2244712. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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