SMF Foundationjm Inc

Private foundation · Grantmaker New York, NY EIN: 20-8265149

SMF Foundationjm Inc is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.2M in total assets. In 2024, it awarded 8 grants totaling $465K. Net investment income was $137K.

SMF Foundationjm Inc at a glance

In short: SMF Foundationjm Inc gave $465K across 8 grants in 2024 (avg $58K), mostly in New York. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$465,000
+23.7% vs 2023
Grants made (2024)
8
+33.3% vs 2023
Average grant
$58,125
-7.2% vs 2023
Median grant
$45,000
Total assets
$6,153,525
+6.1% vs 2023
Primary geography
New York (92% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who SMF Foundationjm Inc funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Metropolitan Museum of Art: $150K across 2 grantsMetropolitan Museum of Art$150K · 2 grantsStudio in a School Association: $150KStudio in a School Association$150KThe Medici Archive Project Inc: $80K across 2 grantsThe Medici Archive Project Inc$80K · 2 grantsAmerican Jewish Committee: $50KAmerican Jewish Committee$50KMuseum of Fine Arts: $25KMuseum of Fine Arts$25KKey West Literary Seminar: $10KKey West Literary Seminar$10K

The largest 2024 recipient was Metropolitan Museum of Art ($150K across 2 grants). Together the top 6 received $465K.

Grant Size Distribution

33 grants across all recorded years

22<$50K6$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 22 grants of 33 (67%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 8 itemized grants.

Cities

New YorkLos AngelesBabylonAtlantaBostonBridgehamptonKey West

How SMF Foundationjm Inc gives

  • Giving grew 138% from 2021 to 2024. Method
  • In 2024 it paid out 166% 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$200K$400K$600K3 grants2020 8 grants2021 8 grants2022 6 grants2023 8 grants2024

From 2020 to 2024, annual grant giving ranged from $75K (2020) to $465K (2024). In 2024 it made 8 grants totaling $465K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Studio in a School Association New York, NYPublic Charity$150,000
Metropolitan Museum of Art New York, NYPublic Charity$110,000
The Medici Archive Project Inc Babylon, NYPublic Charity$50,000
American Jewish Committee New York, NYPublic Charity$50,000
Metropolitan Museum of Art New York, NYPublic Charity$40,000
The Medici Archive Project Inc Babylon, NYPublic Charity$30,000
Museum of Fine Arts Boston, MAPublic Charity$25,000
Key West Literary Seminar Key West, FLPublic Charity$10,000
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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
2024$6,153,525$860,731$505,574$465,0008$465,240$137,405$280,847
2023$5,798,368$923,937$417,953$376,0006$376,236$135,588$237,067
2022$5,292,384$855,935$238,634$192,0008$192,148$71,735$208,022
2021$4,707,805$-172,089$201,303$195,0008$195,145$1,042,256$224,577
2020$5,048,475$568,743$193,178$75,0003——$245,696

Under IRS private-foundation payout rules, SMF Foundationjm Inc reported a distributable amount of $281K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

SMF Foundationjm Inc is led by Joanna Milstein, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Joanna Milstein

    President

    On filings since 2020

    No compensation reported

  • Abigail B. Elbaum

    Vice President

    On filings since 2020

    No compensation reported

  • Peter Grossman

    Secretary

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 SMF Foundationjm Inc

How much does SMF Foundationjm Inc give each year?

SMF Foundationjm Inc gave $465K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $376K across 6 grants.

What is SMF Foundationjm Inc's typical grant size?

SMF Foundationjm Inc's median grant in 2024 was $45,000, and its average grant was $58,125, across 8 grants on its 2024 IRS Form 990-PF.

Where does SMF Foundationjm Inc give grants?

SMF Foundationjm Inc gives mostly in New York: 92% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (5%). The most frequent recipient cities were New York, NY (4 grants) and Babylon, NY (2 grants).

Does SMF Foundationjm Inc give general operating support?

Not in 2024: none of the 8 grants with a stated purpose on SMF Foundationjm Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Public Charity" (8 grants).

Who are SMF Foundationjm Inc's largest grantees?

SMF Foundationjm Inc's largest 2024 grantees include Metropolitan Museum of Art ($150,000 across 2 grants), Studio in a School Association ($150,000) and The Medici Archive Project Inc ($80,000 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 82% of its itemized 2024 grant dollars.

How large is SMF Foundationjm Inc?

SMF Foundationjm Inc reported $6.2M in total assets on its 2024 IRS Form 990-PF. It paid out $465K in qualifying distributions that year, against a required minimum of $281K (roughly 5% of its investment assets).

What is SMF Foundationjm Inc's EIN?

SMF Foundationjm Inc's EIN (Employer Identification Number) is 20-8265149. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. 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 SMF Foundationjm Inc'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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