Richard and Patricia Jay Charitable

Foundation · Grantmaker Westport, CT EIN: 38-4095602

Richard and Patricia Jay Charitable 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.

Key facts about Richard and Patricia Jay Charitable

EIN
38-4095602
Latest 990 filing
Form 990-PF, 2025
Total assets
$10,066

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$10K

+18.6% YoY

Revenue

$21K

+3970.2% YoY

Qualifying Distributions

$2K

-17.6% YoY

Expenses

$2K

-17.6% YoY

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

How Richard and Patricia Jay Charitable 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.

Your AI grants department

Ready to take the next step with Richard and Patricia Jay Charitable?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

New YorkChicagoWashingtonNorwalkWoodsideStamfordWestportArlingtonFairfieldGeorgetownLexingtonNew CannanOaklandPrincetonRidgefieldTenafly

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K25 grants202015 grants20211 grants20227 grants20230 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

23 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K202020212022202320242025
Metric202520242023
Total Assets$10,066$8,485$10,529
Revenue$20,595$506$38,028
Expenses$2,100$2,550$11,375
Qualifying Distributions$2,100$2,550$11,375
Net Investment Income$313$506$18,177
Distributable Amount$614$478$116

Data update history

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

Leadership & Key People

Officers and directors from IRS filings

Richard and Patricia Jay Charitable 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

How large is Richard and Patricia Jay Charitable?

Richard and Patricia Jay Charitable 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?

Richard and Patricia Jay Charitable 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 operate?

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

What is Richard and Patricia Jay Charitable's EIN?

Richard and Patricia Jay Charitable's EIN (Employer Identification Number) is 38-4095602. 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.

Your AI grants department

Here's the math on researching Richard and Patricia Jay Charitable by hand.

Explore Open Grants

Browse active grant opportunities in Richard and Patricia Jay Charitable's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

The Chicago Community Trust

Chicago, IL

The Chicago Community Trust funds nonprofits advancing economic mobility, narrowing the wealth gap, and meeting urgent needs, with priorities including Black and Latine income and assets, homeownership, and investment in underinvested communities. Its 2024 median grant was $25,000, though awards varied widely; funding generally benefits Chicago-region residents. It accepts applications for listed open opportunities through GrantCentral; the profile does not state whether it accepts unsolicited requests outside those opportunities.

Assets

$7.1B

Grants

4,316

Total Given

$1.2B

Boston Foundation Inc

Boston, MA

The Boston Foundation funds community organizations and initiatives in areas including basic needs, child well-being, education, economic opportunity, arts and culture, and equity, primarily in Greater Boston. Its grants vary by program: the median reported grant is $25,000, while specific opportunities offer $50,000 Safety Net Grants, artist awards of $15,000–$20,000, and other amounts. It accepts unsolicited requests through certain competitive programs; application rules vary by program.

Assets

$2.1B

Grants

2,375

Total Given

$228.4M

Ge Aerospace Foundation

Norwalk, CT

The GE Aerospace Foundation supports engineering education, workforce development, military and veterans causes, and disaster relief in communities where GE Aerospace employees live and work around the world. Its 2024 grants ranged from $10 to nearly $6 million, with a median of $429; it does not accept unsolicited requests.

Assets

$22.5M

Grants

2,467

Total Given

$15.3M

Americares Foundation Inc

Stamford, CT

Americares funds health care access, medicines and medical supplies, community health programs, and disaster preparedness, response, and recovery. Its work is global, reaching about 80 countries annually including the United States; 2025 grants had a median of about $58,700, with awards ranging from roughly $5,100 to $3.86 million. The profile does not state whether it accepts unsolicited requests.

International, Foreign Affairs & National Security

Assets

$372.5M

Grants

635

Total Given

$113.3M

American Savings Foundation Inc

New Britain, CT

American Savings Foundation supports education, human services, and arts and culture, especially programs serving children, youth, and families in Connecticut, with a focus on New Britain and Waterbury. Its 2024 grants ranged from $234 to $150,000, with a median of $1,750; Community Grants are capped at $5,000. It provides application forms for Program and Community Grants, but the profile does not state whether it accepts unsolicited requests.

Assets

$107.0M

Grants

613

Total Given

$3.4M

Hartford Foundation for Public Giving

Hartford, CT

The Greater Hartford Gives Foundation supports nonprofits addressing community needs in areas including thriving neighborhoods, employment, basic needs, arts and culture, and civic engagement, with an emphasis on equity in Greater Hartford’s 29 cities and towns. Its 2024 itemized grants had a median award of $21,562, though amounts varied widely.

Assets

$1.2B

Grants

613

Total Given

$51.5M

Eversource Energy Foundation Inc

Hartford, CT

The Eversource Energy Foundation funds U.S. 501(c)(3) nonprofits working on basic needs, education, environmental stewardship, community engagement, and economic or workforce development. It gives in Eversource’s service territory in Connecticut, Massachusetts, and New Hampshire; its 2024 median grant was $2,000, though awards ranged from $250 to $700,000.

Assets

$12.5M

Grants

606

Total Given

$6.2M

The Community Foundation for Greater New

New Haven, CT

The Community Foundation for Greater New Haven funds nonprofits working in areas including civic vitality, arts and culture, health, and education, with competitive grants for organizations serving its 20-town region. Its 2024 grants ranged from $5,154 to $2.8 million, with a median of $15,000; it accepts applications through specific grant programs, while most donor-advised and designated fund distributions are not open to applications.

Philanthropy, Voluntarism & Grantmaking

Assets

$627.4M

Grants

505

Total Given

$23.4M

Fairfield County's Community Foundation

Norwalk, CT

Fairfield County’s Community Foundation funds nonprofits advancing equity and opportunity, including work in youth education and careers, economic opportunity, housing, women and girls’ health, and civic engagement. Its 2025 median grant was about $24,000; strategic grant awards include $10,000–$15,000 Community Impact Grants and invitation-only awards up to $50,000, for work serving Fairfield County residents. The profile does not state whether it accepts unsolicited requests generally.

Philanthropy, Voluntarism & Grantmaking

Assets

$291.4M

Grants

448

Total Given

$25.7M

Viking Global Foundation Inc

Stamford, CT

Viking Global Foundation supports educational equity, early childhood education, environmental sustainability, nonprofit capacity building, and emergency relief in communities where its employees live and work, particularly Connecticut, New York City, and San Francisco. In 2024, it awarded 423 grants totaling $3.63 million; grants ranged from $21 to $375,000, with a median of $950. It does not accept unsolicited requests and funds only preselected organizations.

Philanthropy, Voluntarism & Grantmaking

Assets

$7.1M

Grants

423

Total Given

$3.6M

Ion Bank Foundation Inc

Naugatuck, CT

Ion Bank Foundation funds nonprofits and other eligible applicants in health, education, economic development, human and social services, and the arts, including program and capital costs. Its 2025 grants ranged from $100 to $105,000, with a median of $525; its competitive-grant area covers parts of Connecticut and Morris and Passaic Counties in New Jersey. It accepts online applications through its website during published grant rounds.

Philanthropy, Voluntarism & Grantmaking

Assets

$15.3M

Grants

419

Total Given

$1.0M

The Pfizer Foundation Inc

New York, NY

The Pfizer Foundation funds locally led health programs that improve access to care and strengthen health systems, as well as health-crisis and disaster responses, worldwide. In 2024, grants ranged from $2 to $4 million, with a median of $200. It supports only preselected organizations and does not accept unsolicited requests.

Assets

$255.3M

Grants

9,306

Total Given

$23.2M

More Funders in Connecticut

Richard and Patricia Jay Charitable down — hundreds of funders to go?

Want AI to do this for you?