The Jared Foundation Inc
The Jared Foundation Inc is a private foundation focused on Education, based in Virginia Beach, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $140K in total assets. In 2025, it awarded 6 grants totaling $20K. Net investment income was $8K.
Key facts about The Jared Foundation Inc
In short: The Jared Foundation Inc gave $20K across 6 grants in 2025 (avg $3K), top state Virginia. Source: 2025 IRS Form 990-PF.
- EIN
- 54-1902472
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $20,000
- Grants made (2025)
- 6
- Average grant
- $3,333
- Median grant
- $3,000
- Total assets
- $140,114
- Primary geography
- Virginia (45% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$140K
-10.4% YoY
Annual Giving
$20K
+33.3% YoY
Grant Count
6
+20.0% YoY
Avg Grant Size
$3K
+11.1% YoY
Under IRS private-foundation payout rules, The Jared Foundation Inc reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.
How The Jared Foundation Inc gives
- Giving grew 67% from 2022 to 2025. Method
- In 2025 it paid out 211% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $11K (2019) to $20K (2025). In 2025 it made 6 grants totaling $20K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Ocean Reef Foundation ($5K). Together the top 6 received $20K.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 23 grants of 23 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ocean Reef Foundation Key Largo, FL | For Contribution to Charities That Benefit the Community | $5,000 |
| Cape Henry Academy Virginia Beach, VA | For Assistance in Providing Education | $4,000 |
| The Keys Children Foundation Homestead, FL | For Contribution to Charities That Benefit Youth | $3,000 |
| White Sulphur Springs Library White Sulphur Springs, WV | For Assistance in Providing Education | $3,000 |
| Children's Hospital of King's Daughters Norfolk, VA | For Assistance in Providing Medical Care to Children | $3,000 |
| Norfolk Academy Norfolk, VA | For Assistance in Providing Education | $2,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $140,114 | $156,346 | $158,289 |
| Revenue | $10,633 | $16,237 | $15,650 |
| Expenses | $26,865 | $17,886 | $16,334 |
| Qualifying Distributions | $21,004 | $15,000 | $12,745 |
| Net Investment Income | $7,785 | $13,351 | $12,061 |
| Distributable Amount | $9,951 | $9,869 | $9,262 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 15, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 1, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 11, 2025)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 26, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 26, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
The Jared Foundation Inc is led by Jerry H. Jared, Chairman on every filing since 2019; none of the 3 officers listed in 2022 report compensation.
Officers on the 2022 filing
The latest filing that lists officers: our copy of the 2023–2025 filings list none.
Jerry H. Jared
Chairman
On filings since 2019
1 hr/week
No compensation reported
Timothy D. Jared
Vice President
On filings since 2019
1 hr/week
No compensation reported
Todd W. Jared
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2022. "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 Jared Foundation Inc
How much does The Jared Foundation Inc give each year?
The Jared Foundation Inc gave $20K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15K across 5 grants.
What is The Jared Foundation Inc's typical grant size?
The Jared Foundation Inc's median grant in 2025 was $3,000, and its average grant was $3,333, across 6 grants on its 2025 IRS Form 990-PF.
Where does The Jared Foundation Inc give grants?
The Jared Foundation Inc's top state is Virginia, with 45% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Florida (40%) and West Virginia (15%). The most frequent recipient cities were Norfolk, VA (2 grants).
Does The Jared Foundation Inc give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on The Jared Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "For Assistance in Providing Education" (3 grants).
Who are The Jared Foundation Inc's largest grantees?
The Jared Foundation Inc's largest 2025 grantees include Ocean Reef Foundation ($5,000), Cape Henry Academy ($4,000) and The Keys Children Foundation ($3,000), according to its 2025 IRS Form 990-PF. Together they received 60% of its itemized 2025 grant dollars.
How large is The Jared Foundation Inc?
The Jared Foundation Inc reported $140K in total assets on its 2025 IRS Form 990-PF. It paid out $21K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).
What is The Jared Foundation Inc?
The Jared Foundation Inc is a private foundation focused on Education, based in Virginia Beach, VA. It holds $140K in total assets as of 2025.
What is The Jared Foundation Inc's EIN?
The Jared Foundation Inc's EIN (Employer Identification Number) is 54-1902472. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Jared Foundation Inc by hand.
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