The Jane and Daniel Och Family Foundation
The Jane and Daniel Och Family Foundation is a private family foundation established in 2008 and based in Greenwich, Connecticut. The foundation was founded by billionaire hedge fund manager Daniel Och and his wife, Jane. The foundation is designated as a 501(c)(3) organization and operates as a private grantmaking foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$570.1M
+8.9% YoY
Annual Giving
$30.9M
+16.5% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$15.4M
-41.8% YoY
Mission & Focus Areas
The foundation supports public health, disease research, Jewish causes, arts and culture, education, and work and opportunity initiatives. The foundation maintains a strong focus on the greater New York City area, though grantmaking has expanded to include South Florida.
Grantmaking
The foundation tends to provide ongoing support to a small cohort of grantees in its areas of interest, particularly organizations where Daniel Och serves as a trustee.
Grant Range
approximately $115,000 to $1.6 million
Average Grant
approximately $115,000 to $1.6 million
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in New York, New Jersey, and Florida, which account for 72% of all grants. Additional funding regions include Washington DC, Massachusetts, and Pennsylvania. While the Ochs reside in Miami Beach, Florida, their New York support remains significantly higher than their Florida giving.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue:
- Total assets: $523 million to $570.1 million
- Annual revenue: approximately $9 million to $45.5 million
- Annual expenses: approximately $29 million
- Total liabilities: $0
Asset Growth: Total assets have grown from $130.8 million in 2011 to $570.1 million in 2024. Annual giving has grown from $23.2 million in 2020 to $30.9 million in 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $570,069,664 | $523,283,742 | $510,628,712 |
| Revenue | $43,601,047 | $9,057,937 | $50,249,610 |
| Expenses | $33,727,142 | $29,223,293 | $33,180,138 |
| Qualifying Distributions | $30,920,529 | $26,539,442 | $28,502,136 |
| Net Investment Income | $15,272,142 | $4,002,359 | $9,206,156 |
| Distributable Amount | $26,663,697 | $24,557,898 | $28,978,310 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Trustees:
- Daniel S. Och (Trustee, serves without compensation)
- Jane C. Och (Trustee, serves without compensation)
Daniel Och was raised in New Jersey and studied economics at the University of Pennsylvania's Wharton School. He worked at Goldman Sachs before founding Och-Ziff Capital Management in 1994 with a $100 million investment from brothers Dirk, Daniel, and Robert Ziff. The firm is now known as Sculptor Capital Management. Following a 2016 bribery scandal involving the firm, Och stepped down from leadership roles. In 2020, he founded a new hedge fund, AJAX I.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Daniel S Och | Trustee | 1 | — |
| Jane C Och | Trustee | 1 | — |
Recent News & Activity
Recent developments and announcements
Memorial Sloan Kettering Cancer Center received a $50 million gift from Jane and Daniel Och for a new facility
$264 million gift from Jane and Daniel Och will erase medical debt for 125,611\RIP Medical Debt received a $264 million gift from the foundation to eliminate medical debt in Miami-Dade County, affecting 125,611 patients
$264 million gift from Jane and Daniel Och will erase medical debt for 125,611\JESPY House received a $500,000 donation from the Jane and Daniel Och Foundation
Jane and Daniel Och Foundation donates $500K to JESPY House ...Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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