The Jaket Foundation
The Jaket Foundation is a private foundation based in Boston, Massachusetts. Its 2024 filing reports grants to charitable organizations, including support for education, youth programs, workforce development, and community initiatives.
The Jaket Foundation at a glance
In short: The Jaket Foundation gave $15.2M across 31 grants in 2024 (avg $489K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $15,163,961
- +22.4% vs 2023
- Grants made (2024)
- 31
- +6.9% vs 2023
- Average grant
- $489,160
- +14.5% vs 2023
- Median grant
- $250,000
- Total assets
- $129,709,833
- +18.0% vs 2023
- Primary geography
- Massachusetts (81% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to The Jaket Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Co Hcm 75 Federal St 1100, Boston, MA 02110
Phone: (617) 357-9110
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Jaket Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was UNCF ($5.0M across 2 grants). Together the top 10 received $12.6M.
Grant Size Distribution
108 grants across all recorded years
The most common grant size was under $50K: 34 grants of 108 (31%).
Geographic Focus
Where this funder awards grants
In 2024, 81% of grant dollars went to recipients in Massachusetts, 12% to Wisconsin, 3% to Illinois, 3% to Minnesota, and 1% to New Hampshire.
Grant Distribution by State
Share of 2024 grant dollars across all 31 itemized grants.
Cities
How The Jaket Foundation gives
- 46% of 2024 grantees were also funded in 2023. Method
- Giving grew 5611% from 2021 to 2024. Method
- In 2024 it paid out 152% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $266K (2021) to $15.2M (2024). In 2024 it made 31 grants totaling $15.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| UNCF Boston, MA | Endowment and Subsidy Grants for Project Acclaim Launch | $4,500,000 |
| Harvard Medical School Boston, MA | Q-Fastr Year 4 Payment | $2,000,000 |
| University of Wisconsin Madison, WI | Support for School of Business DEI Plan | $1,500,000 |
| Life Science Cares Cambridge, MA | Matching Grant for Funds Raised for Project Onramp | $1,000,000 |
| Elevated Thought Lawrence, MA | General Operating Support | $700,000 |
| UNCF Boston, MA | Curriculum and Consultant Support for Project Acclaim Launch | $541,830 |
| Year up Boston, MA | To Support Alumni Programming | $535,000 |
| One Goal Foundation Chicago, IL | To Support One Goal Programs in Milwaukee | $500,000 |
| Loppet Foundation Minneapolis, MN | Support for Loppet World Cup | $491,878 |
| Camp Harbor View Boston, MA | Annual Transportation Sponsorship | $400,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $129,709,833 | $22,515,167 | $19,422,583 | $15,163,961 | 31 | $15,397,714 | $13,468,526 | $10,162,853 |
| 2023 | $109,895,331 | $30,326,216 | $16,099,142 | $12,384,798 | 29 | $12,618,172 | $5,782,846 | $8,037,102 |
| 2022 | $103,529,060 | $4,421,852 | $5,696,378 | $2,600,849 | 17 | $2,804,217 | $1,699,845 | $8,369,355 |
| 2021 | $101,590,310 | $23,806,626 | $835,338 | $265,500 | 6 | $442,480 | $8,476,369 | $7,684,195 |
| 2020 | $78,322,201 | $28,095,159 | $5,416,824 | $4,284,163 | 25 | — | $3,893,661 | $5,549,341 |
Under IRS private-foundation payout rules, The Jaket Foundation reported a distributable amount of $10.2M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for education and workforce programs, youth enrichment, athletics, and community organizations.
Several grantees describe their own missions in these areas. Year Up says its mission is to help young adults gain skills, experience, and support for careers and higher education. Youth Enrichment Services says it inspires and challenges young people through physical and mental activities. The Roxbury Community College Foundation says it raises private funds for educational opportunities and programs benefiting the college and its students. Life Science Cares says it works with community nonprofits on research-driven solutions to poverty and inequity in life science hubs.
Grantmaking
In 2024, the foundation reported 31 grants totaling $15,163,961. Grant amounts ranged from $1,000 to $4,500,000, with a median of $250,000. In 2023, it reported 29 grants totaling $12,384,798; in 2022, it reported 17 grants totaling $2,600,849.
Among its largest 2024 grants were $4,500,000 to UNCF for endowment and subsidy grants for Project ACCLAIM launch; $2,000,000 to Harvard Medical School for a Q-FASTR Year 4 payment; $1,500,000 to the University of Wisconsin for support of its School of Business DEI plan; and $1,000,000 to Life Science Cares as a matching grant for funds raised for Project Onramp. Other grants included $700,000 to Elevated Thought for general operating support and $535,000 to Year Up for alumni programming.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Phillip T Gross, Elizabeth Cochary Gross, Charles E Clapp III, and Thomas V Quirk as trustees.
The Jaket Foundation's 2024 filing lists 4 officers; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Charles E. Clapp III
Trustee
On filings since 2020
1 hr/week
No compensation reported
Elizabeth Cochary Gross
Trustee
On filings since 2020
1 hr/week
No compensation reported
Phillip T. Gross
Trustee
On filings since 2020
1 hr/week
No compensation reported
Thomas V. Quirk
Trustee
On filings since 2020
1 hr/week
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 The Jaket Foundation
How much does The Jaket Foundation give each year?
The Jaket Foundation gave $15.2M across 31 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $12.4M across 29 grants.
What is The Jaket Foundation's typical grant size?
The Jaket Foundation's median grant in 2024 was $250,000, and its average grant was $489,160, across 31 grants on its 2024 IRS Form 990-PF.
Where does The Jaket Foundation give grants?
The Jaket Foundation gives mostly in Massachusetts: 81% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Wisconsin (12%). The most frequent recipient cities were Boston, MA (16 grants), Falmouth, MA (3 grants), Madison, WI (2 grants) and Hubbardston, MA (2 grants).
Does The Jaket Foundation give general operating support?
Yes: 13% of The Jaket Foundation's 2024 grants with a stated purpose (4 of 31) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Jaket Foundation's largest grantees?
The Jaket Foundation's largest 2024 grantees include UNCF ($5,041,830 across 2 grants), Harvard Medical School ($2,000,000) and University of Wisconsin ($1,500,000), according to its 2024 IRS Form 990-PF. Together they received 56% of its itemized 2024 grant dollars.
How large is The Jaket Foundation?
The Jaket Foundation reported $129.7M in total assets on its 2024 IRS Form 990-PF. It paid out $15.4M in qualifying distributions that year, against a required minimum of $10.2M (roughly 5% of its investment assets).
What does The Jaket Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants include support for education and workforce programs, youth enrichment, athletics, and community organizations. See mission & focus areas ↑
How do I apply for a grant from The Jaket Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Jaket Foundation's EIN?
The Jaket Foundation's EIN (Employer Identification Number) is 04-6878795. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Jaket Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Jaket Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-jaket-foundation-morg_f11c58f38d22414abed32cae2c3f14e2
BibTeX
@misc{grantable_046878795_2026,
author = {{Grantable}},
title = {{The Jaket Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-jaket-foundation-morg_f11c58f38d22414abed32cae2c3f14e2},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Jaket 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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