The Jax & Jad Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CLARKSBURG, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1K in total assets. In 2024, it awarded 1 grants totaling $76K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1K
+12.0% YoY
Annual Giving
$76K
+13.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$76K
+13.2% YoY
About The Jax & Jad Foundation Inc
Based on IRS filings
The Jax & Jad Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CLARKSBURG, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1K in total assets. In 2024, it awarded 1 grants totaling $76K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,400 | $1,250 | $2,700 |
| Revenue | $77,500 | $68,500 | $68,150 |
| Expenses | $76,100 | $67,250 | $65,450 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include General Charitabl ($76,100).
| Recipient | Purpose | Amount |
|---|---|---|
| GENERAL CHARITABL | FOOD AND CARE | $76,100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AKINTOKUNBOH ILORI | PRESIDENT | — | — |
| OLUTOSIN OGUNTUNDE | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Jax & Jad Foundation Inc?
The Jax & Jad Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CLARKSBURG, MD. It holds $1K in total assets as of 2024.
How large is The Jax & Jad Foundation Inc?
As of 2024, The Jax & Jad Foundation Inc holds $1K in total assets with $78K in annual revenue. It awarded 1 grants totaling $76K in 2024.
What size grants does The Jax & Jad Foundation Inc award?
In 2024, The Jax & Jad Foundation Inc awarded 1 grants totaling $76K — an average of about $76K per grant, based on its IRS Form 990 filings.
What is The Jax & Jad Foundation Inc's EIN?
The Jax & Jad Foundation Inc's EIN (Employer Identification Number) is 87-4143428. IRS Form 990 filing data is available on this page for 2021–2024.
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Browse active grant opportunities in The Jax & Jad Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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