The Jay Farner Family Foundation

Foundation · Grantmaker Wilmington, DE EIN: 33-2480930

The Jay Farner Family Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $27.2M in total assets. In 2025, it awarded 4 grants totaling $433K. Net investment income was $9.6M.

Key facts about The Jay Farner Family Foundation

In short: The Jay Farner Family Foundation gave $433K across 4 grants in 2025 (avg $108K), mostly in Ohio. Source: 2025 IRS Form 990-PF.

EIN
33-2480930
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$433,000
Grants made (2025)
4
Average grant
$108,250
Median grant
$79,000
Total assets
$27,231,865
Primary geography
Ohio (58% 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

$27.2M

+75.4% YoY

Annual Giving

$433K

-26.4% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$108K

-44.8% YoY

Under IRS private-foundation payout rules, The Jay Farner Family Foundation reported a distributable amount of $704K for 2025 — the minimum it must pay out in qualifying distributions.

How The Jay Farner Family Foundation gives

  • In 2025 it paid out 68% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

4states

Share of all 4 itemized 2025 grant dollars.

Cities

San DiegoClevelandHannibalRye Brook

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants20233 grants20244 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Cleveland Clinic Foundation: $250KCleveland Clinic Foundation$250KChallenged Athletes Inc: $125K across 2 grantsChallenged Athletes Inc$125K · 2 grantsThe Leukemia & Lymphoma Society: $58KThe Leukemia & LymphomaSociety$58K

Grant Size Distribution

7 grants across all recorded years

2<$50K1$50–100K1$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CLEVELAND CLINIC FOUNDATION Cleveland, OHBreast Cancer Program$250,000
CHALLENGED ATHLETES INC San Diego, CAGeneral & Unrestricted$100,000
THE LEUKEMIA & LYMPHOMA SOCIETY Rye Brook, NYGeneral & Unrestricted$58,000
CHALLENGED ATHLETES INC San Diego, CACharitable Event$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M202320242025
Metric202520242023
Total Assets$27,231,865$15,524,043$10,133,438
Revenue$12,552,069$5,755,210$10,133,438
Expenses$620,519$588,333—
Qualifying Distributions$478,719$588,333—
Net Investment Income$9,645,583$1,491,838—
Distributable Amount$704,178$506,538$7,913

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2023 (received by the IRS November 4, 2025)
  2. Added Form 990-PF for fiscal year 2024 (received by the IRS November 4, 2025)
  3. Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)

Leadership & Key People

Officers and directors from IRS filings

The Jay Farner Family Foundation is led by Jay Farner, President & Director on every filing since 2023; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jay Farner

    President & Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Ashley Mousseau

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Nicole Vallianatos

    Director, Secretary & Treasurer

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Nicole McGrail (2023–2024) — Director, Secretary & Treasurer

Data from IRS Form 990 filings, 2023–2025. "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 Jay Farner Family Foundation

How much does The Jay Farner Family Foundation give each year?

The Jay Farner Family Foundation gave $433K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $588K across 3 grants.

What is The Jay Farner Family Foundation's typical grant size?

The Jay Farner Family Foundation's median grant in 2025 was $79,000, and its average grant was $108,250, across 4 grants on its 2025 IRS Form 990-PF.

Where does The Jay Farner Family Foundation give grants?

The Jay Farner Family Foundation gives mostly in Ohio: 58% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were California (29%) and New York (13%). The most frequent recipient cities were San Diego, CA (2 grants).

Does The Jay Farner Family Foundation give general operating support?

Yes: 50% of The Jay Farner Family Foundation's 2025 grants with a stated purpose (2 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is The Jay Farner Family Foundation?

The Jay Farner Family Foundation reported $27.2M in total assets on its 2025 IRS Form 990-PF. It paid out $479K in qualifying distributions that year, against a required minimum of $704K (roughly 5% of its investment assets).

What is The Jay Farner Family Foundation's EIN?

The Jay Farner Family Foundation's EIN (Employer Identification Number) is 33-2480930. IRS Form 990 filing data is available on this page for 2023–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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