The Jared Foundation Inc is a private foundation focused on Education, based in VIRGINIA BEACH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $156K in total assets. In 2024, it awarded 5 grants totaling $15K. Net investment income was $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$156K
-1.2% YoY
Annual Giving
$15K
+25.0% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$3K
+0.0% YoY
Under IRS private-foundation payout rules, The Jared Foundation Inc reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
About The Jared Foundation Inc
Based on IRS filings
The Jared Foundation Inc is a private foundation focused on Education, based in VIRGINIA BEACH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $156K in total assets. In 2024, it awarded 5 grants totaling $15K. Net investment income was $13K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $156,346 | $158,289 | $158,973 |
| Revenue | $16,237 | $15,650 | $28,421 |
| Expenses | $17,886 | $16,334 | $15,971 |
| Qualifying Distributions | $15,000 | $12,745 | $12,738 |
| Net Investment Income | $13,351 | $12,061 | $25,407 |
| Distributable Amount | $9,869 | $9,262 | $10,004 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cape Henry Academy ($4,000), Children's Hospital of King's Daughters ($3,000), The Keys Children Foundation ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Cape Henry Academy Virginia Beach, VA | For assistance in providing education | $4,000 |
| Norfolk Academy Norfolk, VA | For assistance in providing education | $2,000 |
| Children's Hospital of King's Daughters Norfolk, VA | For assistance in providing medical care to children | $3,000 |
| The Keys Children Foundation Homestead, FL | For contribution to charities that benefit youth | $3,000 |
| White Sulpher Spring Library White Sulpher Springs, WV | For assistance in providing education | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Jared Foundation Inc?
The Jared Foundation Inc is a private foundation focused on Education, based in VIRGINIA BEACH, VA. It holds $156K in total assets as of 2024.
How large is The Jared Foundation Inc?
As of 2024, The Jared Foundation Inc holds $156K in total assets with $16K in annual revenue. It awarded 5 grants totaling $15K in 2024.
Where does The Jared Foundation Inc operate?
The Jared Foundation Inc has awarded grants in Florida, Virginia, West Virginia.
What size grants does The Jared Foundation Inc award?
In 2024, The Jared Foundation Inc awarded 5 grants totaling $15K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Jared Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Jared Foundation Inc reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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