The James and Judith K Dimon Foundation
The James and Judith K Dimon Foundation is a private family foundation established in 1996 and based in New York, NY. Founded by James Dimon, Chairman and CEO of JPMorgan Chase & Co., and his wife Judith Kent, the foundation operates as a philanthropic organization focused on supporting educational, health, and social service initiatives across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$216.4M
+19.4% YoY
Annual Giving
$9.9M
+101.1% YoY
Grant Count
49
+32.4% YoY
Avg Grant Size
$203K
+51.8% YoY
Under IRS private-foundation payout rules, The James and Judith K Dimon Foundation reported a distributable amount of $12.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education (particularly K-12 and higher education)
- Health and medical care (in-patient medical care, hospital care, diseases and conditions)
- Arts and culture
- Human services (family services, child welfare)
- Youth development and social services
The foundation does not maintain a formal mission statement on public record, nor does it publish distinct grant programs or detailed guidelines.
Grantmaking
The foundation does not accept unsolicited proposals for funding. Grants are made at the discretion of the trustees and typically support organizations with which the Dimons have existing relationships or connections. Networking is essential for organizations seeking consideration.
Grant Range
$10,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated primarily on the East Coast, with particular emphasis on:
- New York (primary focus)
- Massachusetts
- Pennsylvania
- Connecticut
- Maryland
- Texas
- Illinois
- Kentucky
- Virginia
- Washington, DC
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- Total assets (2024): $216,441,666
- Total assets (2023): $181,276,408
Annual Activity:
- Total revenue (2023): $25,321,266
- Total expenses (2023): $6,325,908
- Total giving (2024): $9,940,206
- Annual giving (2023): $4,943,000
Organization Type:
- Private non-operating foundation
- 501(c)(3) organization
- Employer Identification Number (EIN): 13-3922199
- Ruling date: February 1997
- Tax-exempt status: Unconditional exemption
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $216,441,666 | $181,276,408 | $178,412,117 |
| Revenue | $61,378,560 | $25,321,266 | $22,175,786 |
| Expenses | $11,324,103 | $6,325,908 | $7,700,104 |
| Qualifying Distributions | $10,419,753 | $5,263,245 | $6,517,287 |
| Net Investment Income | $35,451,414 | $4,822,127 | $5,016,381 |
| Distributable Amount | $12,678,116 | $9,756,307 | $8,787,272 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
188 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fund for Public Schools ($1,456,393), New Visions for Public Schools ($1,288,019), 92nd Street Y ($1,100,279).
| Recipient | Purpose | Amount |
|---|---|---|
| 92ND STREET Y NEW YORK, NY | PROGRAM SUPPORT | $1,100,279 |
| ALL HANDS AND HEARTS SMART RESPONSE MATTAPOISETT, MA | COMMUNITY-INSPIRED, VOLUNTEER-POWERED DISASTER RELIEF | $10,000 |
| ANTI- DEFAMATION LEAGUE NEW YORK, NY | PROGRAM SUPPORT | $25,000 |
| ARTS CONNECTION NEW YORK, NY | PROGRAM SUPPORT | $1,000 |
| BALLET HISPANICO OF NEW YORK NEW YORK, NY | PROGRAM SUPPORT | $25,000 |
| BIG PICTURE COMPANY INC PROVIDENCE, RI | PROGRAM SUPPORT | $800,386 |
| BREAST CANCER RESEARCH FOUNDATION NEW YORK, NY | PROGRAM SUPPORT | $10,000 |
| BRONX RIVER ALLIANCE BRONX, NY | PROGRAM SUPPORT | $10,000 |
| BROTHERS FOR LIFE ORGANIZATION INC SEATTLE, WA | PROGRAM SUPPORT | $100,000 |
| CAREERWISE NEW YORK INC NEW YORK, NY | PROGRAM SUPPORT | $500,148 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key Personnel:
- James Dimon (Founder, Director)
- Judith K Dimon (Founder, Director)
- Joan Kent (Director)
- Dr. Theodore Dimon (Director)
- Tamara Bechara (Director)
All directors serve without compensation.
Founder Background: James Dimon served as a Class A director of the Board of Directors of the New York Federal Reserve beginning in 2007 for a three-year term. He was included in Time Magazine's lists of the world's 100 most influential people in 2006, 2008, 2009, and 2011.
Judith Kent has deep experience in education and social services. In the early 1990s, she helped establish the National Center for Community Schools with the Children's Aid Society, which has facilitated the development of over 15,000 community school adaptations nationally and internationally. In 2000, she co-founded The Campaign to Expand Community Schools in Chicago, a $50 million public-private partnership. She also helped pioneer South Bronx Rising Together, a grassroots collaboration focused on revitalizing the South Bronx, and currently focuses on developing career pathways for young people from low-income neighborhoods.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES DIMON | DIRECTOR | 1 | — |
| JUDITH K DIMON | PRESIDENT, TREAS, DIRECTOR | 1 | — |
| JOAN KENT | SECRETARY, DIRECTOR | 1 | — |
| DR THEODORE DIMON | DIRECTOR | 0.5 | — |
| TAMARA BECHARA | DIRECTOR | 0.5 | — |
Recent News & Activity
Recent developments and announcements
The foundation awarded $500,000 to the Wendy Novak Diabetes Institute in 2023. The foundation has demonstrated significant growth in grantmaking activity over recent years, increasing from $320,000 in grants in 2016 to $5.8 million in 2017, reflecting the couple's increasing philanthropic commitment.
Dimon Foundation gives $500,000 to Wendy Novak Diabetes InstituteSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The James and Judith K Dimon Foundation fund?
The foundation's grantmaking priorities include: • Education (particularly K-12 and higher education) • Health and medical care (in-patient medical care, hospital care, diseases and conditions) • Arts and culture • Human services (family services, child welfare) • Youth development and social services The foundation does not maintain a formal mission statement on public record, nor does it publish distinct grant programs or detailed guidelines.
How do I apply for a grant from The James and Judith K Dimon Foundation?
**Grant Activity:** • Annual giving: approximately $4.9 million to $9.9 million in recent years • Total giving (2024): $9,940,206 • Number of grants: 37-46 awards annually • Typical grant size: $10,000 • Grant range: $5,000 to $2,000,000 **Application Process:** The foundation does not accept unsolicited proposals for funding. Grants are made at the discretion of the trustees and typically support organizations with which the Dimons have existing relationships or connections. Networking is esse…
Where does The James and Judith K Dimon Foundation make grants?
The foundation's grantmaking is concentrated primarily on the East Coast, with particular emphasis on: • New York (primary focus) • Massachusetts • Pennsylvania • Connecticut • Maryland • Texas • Illinois • Kentucky • Virginia • Washington, DC
What size grants does The James and Judith K Dimon Foundation award?
In 2024, The James and Judith K Dimon Foundation awarded 49 grants totaling $9.9M — an average of about $203K per grant, based on its IRS Form 990 filings.
How much is The James and Judith K Dimon Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The James and Judith K Dimon Foundation reported a distributable amount of $12.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The James and Judith K Dimon Foundation's EIN?
The James and Judith K Dimon Foundation's EIN (Employer Identification Number) is 13-3922199. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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