Paul Jepsen Scholarship Foundation
Paul Jepsen Scholarship Foundation is a private foundation focused on Education, based in Naples, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.6M in total assets. In 2025, it awarded 3 grants totaling $1.2M. Net investment income was $219K.
Paul Jepsen Scholarship Foundation at a glance
In short: Paul Jepsen Scholarship Foundation gave $1.2M across 3 grants in 2025 (avg $395K), mostly in District of Columbia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,185,000
- +248.5% vs 2024
- Grants made (2025)
- 3
- +50.0% vs 2024
- Average grant
- $395,000
- +132.4% vs 2024
- Median grant
- $160,000
- Total assets
- $3,573,304
- -21.0% vs 2024
- Primary geography
- District of Columbia (84% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Paul Jepsen Scholarship Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Joseph Fund Woodson Center ($1.0M). Together the top 2 received $1.0M.
Organizations only. It also paid 1 individual scholarship ($160,000), which are not listed by name.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was in the $100–250K range: 7 grants of 9 (78%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Paul Jepsen Scholarship Foundation gives
- Giving grew 888% from 2022 to 2025. Method
- In 2025 it paid out 452% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $120K (2022) to $1.2M (2025). In 2025 it made 3 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Joseph Fund Woodson Center Washington, DC | Disburse funds to non-profit activities primarily Piney Woods School | $1,000,000 |
| 1 individual scholarship Recipients not named | — | $160,000 |
| MVY Youth Chilmark, MA | Distribute college scholarships to high school seniors | $25,000 |
Ready to take the next step with Paul Jepsen Scholarship Foundation?
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 | $3,573,304 | $259,470 | $1,206,804 | $1,185,000 | 3 | $1,185,000 | $219,399 | $262,241 |
| 2024 | $4,520,638 | $3,397,226 | $348,691 | $340,000 | 2 | $340,000 | $229,599 | $124,179 |
| 2023 | $1,472,103 | $178,717 | $126,944 | $120,000 | 1 | $120,000 | $48,736 | $74,529 |
| 2022 | $1,420,330 | $173,193 | $135,328 | $120,000 | 1 | $120,000 | $32,865 | $101,700 |
| 2021 | $1,382,465 | $189,881 | $238,499 | $220,000 | 2 | $220,000 | $63,571 | $115,580 |
| 2020 | $1,431,029 | $25,175 | $138,737 | $125,000 | 2 | — | $32,844 | $89,870 |
Under IRS private-foundation payout rules, Paul Jepsen Scholarship Foundation reported a distributable amount of $262K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Paul Jepsen Scholarship Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Edward Jepsen
Trustee
On filings since 2020
1 hr/week
No compensation reported
Holly Hoberman
Trustee
On filings since 2020
1 hr/week
No compensation reported
Jackie McLellon
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Paul Jepsen Scholarship Foundation
How much does Paul Jepsen Scholarship Foundation give each year?
Paul Jepsen Scholarship Foundation gave $1.2M across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $340K across 2 grants.
What is Paul Jepsen Scholarship Foundation's typical grant size?
Paul Jepsen Scholarship Foundation's median grant in 2025 was $160,000, and its average grant was $395,000, across 3 grants on its 2025 IRS Form 990-PF.
Where does Paul Jepsen Scholarship Foundation give grants?
Paul Jepsen Scholarship Foundation gives mostly in District of Columbia: 84% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Nebraska (14%).
Does Paul Jepsen Scholarship Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Paul Jepsen Scholarship Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is Paul Jepsen Scholarship Foundation?
Paul Jepsen Scholarship Foundation reported $3.6M in total assets on its 2025 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $262K (roughly 5% of its investment assets).
What is Paul Jepsen Scholarship Foundation?
Paul Jepsen Scholarship Foundation is a private foundation focused on Education, based in Naples, FL. It holds $3.6M in total assets as of 2025.
What is Paul Jepsen Scholarship Foundation's EIN?
Paul Jepsen Scholarship Foundation's EIN (Employer Identification Number) is 06-1625705. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 24, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Paul Jepsen Scholarship Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Paul Jepsen Scholarship Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Florida
Kaye Family Foundation Inc
Naples, FL
Assets
$491K
Grants
18
Total Given
$38K
Rechieve Foundation
Ogden, UT
Assets
$370K
Grants
5
Total Given
$15K
Lillie B Gould Perpetual Charitable - RBC
Wilmington, DE
Provide for the support of the charities named in the lillie b gould charitable trust.
Assets
$2.7M
Grants
5
Total Given
$111K
The Berry Gordy Foundation For Truth & Justice
Los Angeles, CA
The Berry Gordy Foundation supports a range of charitable organizations, including those focused on health, mentoring, and young women involved in the justice system. Its 2024 grants ranged from $2,500 to $31,750, with a median of $10,000; most funding went to California, with some grants in Colorado, Massachusetts, and Ohio. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$943K
Grants
13
Total Given
$159K
As Mitchell Foundation Inc
Mobile, AL
The foundation supports education, religious, scientific, literary, and other charitable work, with recent grants for restoration, tuition assistance, program costs, capital needs, and operations. Its 2026 grants ranged from $1,000 to $130,000, with a median of $8,000; most funding went to Alabama, with smaller shares in Georgia, Mississippi, Louisiana, and New York. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$17.4M
Grants
49
Total Given
$637K
Arthur K Watson Trust
Chicago, IL
The trust funds medical research and education programs not provided by government, with 2025 grants ranging from $500 to $184,000 and a median of $15,000. It is based in Chicago, with recent funding concentrated in Maine, Arizona, Mississippi, Connecticut, and New York. It does not limit giving to preselected organizations and directs applicants to an online grants process; no deadlines are listed.
Assets
$8.8M
Grants
44
Total Given
$1.4M
More similar funders
More Funders in Florida
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Paul Jepsen Scholarship 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.
Paul Jepsen Scholarship Foundation down — hundreds of funders to go?