The Jain Family Institute
The Jain Family Institute (JFI) is an applied research organization whose mission is to apply the instruments and frameworks of finance to issues of global policy concern. Working to understand and coordinate international channels of state and private resources, JFI applies its data, modeling, and simulation tools to the biggest challenges of our time.
The Jain Family Institute at a glance
In short: The Jain Family Institute gave $10K across 1 grant in 2024 (avg $10K), mostly in Connecticut. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $10,000
- -93.2% vs 2023
- Grants made (2024)
- 1
- -50.0% vs 2023
- Average grant
- $10,000
- -86.4% vs 2023
- Median grant
- $10,000
- Total assets
- $764,346
- -26.7% vs 2023
- Primary geography
- Connecticut (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The Jain Family Institute funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was People's Policy Project ($10K).
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 10 grants of 17 (59%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How The Jain Family Institute gives
- Giving fell 100% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10K (2024) to $6.6M (2021). In 2024 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| People's Policy Project Stamford, CT | Public Policy Research | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $764,346 | $5,330,418 | $5,374,057 | $10,000 | 1 | $7,401 |
| 2023 | $1,042,629 | $5,847,424 | $5,735,274 | $146,840 | 2 | $19,578 |
| 2022 | $1,293,147 | $5,246,560 | $6,157,170 | $687,513 | 4 | $111 |
| 2021 | $1,266,575 | $5,283,522 | $11,326,024 | $6,638,086 | 6 | $111 |
| 2020 | $7,351,543 | $10,638,318 | $4,001,076 | $600,000 | 4 | — |
About The Jain Family Institute
Based on IRS filings
The Jain Family Institute is a public charity focused on Education, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $764K in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $7K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Jain Family Institute is led by Michael B. Stynes, CEO & Director since 2022 (on filings since 2020); 8 of 10 officers listed in 2024 are compensated.
Officers on the 2024 filing
Michael B. Stynes
CEO & Director
CEO & Trustee → CEO & Director, 2022
On filings since 2020
41 hrs/week
$150K (2020) → $214K (2024)
Robert Jain
President & Chairman
Director, President & Treasurer → President & Chairman, 2022
On filings since 2020
4 hrs/week
No compensation reported
Molly Dektar
Editorial Director
Director of Editorial → Editorial Director, 2022
On filings since 2020
40 hrs/week
$115K (2020) → $155K (2024)
Sidhya Balakrishnan
Director of Research
On filings since 2020
40 hrs/week
$119K (2020) → $136K (2024)
Nolan Lindquist - Executive
Director Center for Active Stewardship
New on the 2024 filing
40 hrs/week
$138K (2024)
Carola Jain
Director
Director & Vice President → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Alexander Jacobs
Chief Operating Officer
COO → Chief Operating Officer, 2022
On filings since 2020
40 hrs/week
$86K (2020) → $166K (2024)
Jerome Hodges
Chief Research Officer
On filings since 2020
40 hrs/week
$144K (2020) → $213K (2024)
Paul Katz
Lead Researcher
On filings since 2023
40 hrs/week
$108K (2023) → $124K (2024)
Robert Gross
Editor & Phenomenal World
New on the 2024 filing
40 hrs/week
$119K (2024)
Former officers (6)
- Former: Laura Beamer (2023) — Lead Researcher
- Former: Nolan Lindquist (2023) — Executive Director for Active Stewardship
- Former: Claudia Sahm (2022) — Macroeconomic Research
- Former: Peter Spiegler (2022) — Senior Researcher
- Former: Timothy Barker (2022) — Senior Researcher
- Former: Alana Olken (2020) — Former Director of Strategy & Ops
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $214K, to Michael B Stynes (CEO & Director). 8 officers or directors reported compensation on that filing.
Frequently asked questions about The Jain Family Institute
How much does The Jain Family Institute give each year?
The Jain Family Institute gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $147K across 2 grants.
How large is The Jain Family Institute?
The Jain Family Institute reported $764K in total assets on its 2024 IRS Form 990. Its revenue that year was $5.3M.
What is The Jain Family Institute?
The Jain Family Institute is a public charity focused on Education, based in New York, NY. It holds $764K in total assets as of 2024.
Where does The Jain Family Institute operate?
The Jain Family Institute has awarded grants in California, Connecticut, District of Columbia, Massachusetts, Michigan, North Carolina, New York, Utah.
What is The Jain Family Institute's EIN?
The Jain Family Institute's EIN (Employer Identification Number) is 47-4407203. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 10, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
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