The Jared Foundation Inc

Private foundation · Grantmaker Virginia Beach, VA EIN: 54-1902472

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.

The Jared Foundation Inc at a glance

In short: The Jared Foundation Inc gave $20K across 6 grants in 2025 (avg $3K), top state Virginia. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$20,000
+33.3% vs 2024
Grants made (2025)
6
+20.0% vs 2024
Average grant
$3,333
+11.1% vs 2024
Median grant
$3,000
Total assets
$140,114
-10.4% vs 2024
Primary geography
Virginia (45% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

Who The Jared Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Ocean Reef Foundation: $5KOcean Reef Foundation$5KCape Henry Academy: $4KCape Henry Academy$4KThe Keys Children Foundation: $3KThe Keys Children Foundation$3KWhite Sulphur Springs Library: $3KWhite Sulphur Springs Library$3KChildren's Hospital of King's Daughters: $3KChildren's Hospital of King'sDaughters$3KNorfolk Academy: $2KNorfolk Academy$2K

The largest 2025 recipient was Ocean Reef Foundation ($5K). Together the top 6 received $20K.

Grant Size Distribution

23 grants across all recorded years

23<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 23 grants of 23 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

NorfolkHomesteadVirginia BeachKey Largo

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K4 grants2019 4 grants2020 4 grants2021 4 grants2022 4 grants2023 5 grants2024 6 grants2025

From 2019 to 2025, annual grant giving ranged from $11K (2019) to $20K (2025). In 2025 it made 6 grants totaling $20K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Ocean Reef Foundation Key Largo, FLFor Contribution to Charities That Benefit the Community$5,000
Cape Henry Academy Virginia Beach, VAFor Assistance in Providing Education$4,000
The Keys Children Foundation Homestead, FLFor Contribution to Charities That Benefit Youth$3,000
White Sulphur Springs Library White Sulphur Springs, WVFor Assistance in Providing Education$3,000
Children's Hospital of King's Daughters Norfolk, VAFor Assistance in Providing Medical Care to Children$3,000
Norfolk Academy Norfolk, VAFor Assistance in Providing Education$2,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$140,114$10,633$26,865$20,0006$21,004$7,785$9,951
2024$156,346$16,237$17,886$15,0005$15,000$13,351$9,869
2023$158,289$15,650$16,334$12,0004$12,745$12,061$9,262
2022$158,973$28,421$15,971$12,0004$12,738$25,407$10,004
2021$146,404$18,896$16,056$12,0004$12,864$15,787$10,672
2020$143,779$2,404$14,883$11,0004—$4,067$9,555
2019$156,258$16,262$14,204$10,5004—$14,273$9,708

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.

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 2025 report compensation.

Officers on the 2025 filing

  • 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, 2019–2025. "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 October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 15, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 1, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 2, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 11, 2025)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 26, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 26, 2026)
  8. IRS filings on file for fiscal years 2019–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Jared Foundation Inc'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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