Richard and Patricia Jay Charitable Foundation

Private foundation · Grantmaker Westport, CT EIN: 38-4095602

Richard and Patricia Jay Charitable Foundation is a private foundation focused on Medical Research, based in Westport, CT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $10K in total assets. In 2025, it made $2K in qualifying distributions. Net investment income was $313.

Richard and Patricia Jay Charitable Foundation at a glance

Total assets
$10,066
+18.6% vs 2024
Revenue (2025)
$20,595
+3970.2% vs 2024
Qualifying distributions (2025)
$2,100
-17.6% vs 2024
Expenses (2025)
$2,100
-17.6% vs 2024
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

Who Richard and Patricia Jay Charitable Foundation funds

How this funder distributes its grants

Grant Size Distribution

23 grants across all recorded years

21<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 21 grants of 23 (91%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

New YorkChicagoNorwalkWoodsideStamfordWashingtonWestportArlingtonFairfieldGeorgetownLexingtonNew CannanOaklandPrincetonRidgefieldTenafly

How Richard and Patricia Jay Charitable Foundation gives

  • Giving fell 96% from 2020 to 2023. Method
  • In 2025 it paid out 342% 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

$0$100K$200K$300K25 grants2020 15 grants2021 1 grant2022 7 grants2023 0 grants2024 0 grants2025

From 2020 to 2023, annual grant giving ranged from $9K (2023) to $220K (2020). In 2023 it made 7 grants totaling $9K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Brain Research Foundation Chicago, ILGeneral Support$5,000
American Jewish Joint Distribution New York, NYGeneral Support$2,500
Carl Schurz Park Conservancy New York, NYGeneral Support$500
Clothes to Kids Fairfield Stamford, CTGeneral Support$250
Lexington Farm Coalition Lexington, MAGeneral Support$250
Friends of Weir Farm Georgetown, CTGeneral Support$250
Wnyc New York, NYGeneral Support$125
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$10,066$20,595$2,100——$2,100$313$614
2024$8,485$506$2,550——$2,550$506$478
2023$10,529$38,028$11,375$8,8757$11,375$18,177$116
2022$1,659$105$130,870$125,0001$130,845$105$2,485
2021$132,424$298,349$165,944$163,40915$163,409$98,349$8,671
2020$103,645$108,564$228,805$219,90625—$48,992$5,678

Under IRS private-foundation payout rules, Richard and Patricia Jay Charitable Foundation reported a distributable amount of $614 for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Richard and Patricia Jay Charitable Foundation is led by Richard Jay, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Richard Jay

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Patricia Jay

    Secretary & Treasurer

    On filings since 2020

    2 hrs/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 Richard and Patricia Jay Charitable Foundation

How large is Richard and Patricia Jay Charitable Foundation?

Richard and Patricia Jay Charitable Foundation reported $10K in total assets on its 2025 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $614 (roughly 5% of its investment assets).

What is Richard and Patricia Jay Charitable Foundation?

Richard and Patricia Jay Charitable Foundation is a private foundation focused on Medical Research, based in Westport, CT. It holds $10K in total assets as of 2025.

Where does Richard and Patricia Jay Charitable Foundation operate?

Richard and Patricia Jay Charitable Foundation has awarded grants in California, Connecticut, District of Columbia, Illinois, Massachusetts, New Jersey, New York, Virginia.

What is Richard and Patricia Jay Charitable Foundation's EIN?

Richard and Patricia Jay Charitable Foundation's EIN (Employer Identification Number) is 38-4095602. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 7, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 6, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 10, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Richard and Patricia Jay Charitable 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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