The Jennison Charitable Foundation
The Jennison Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 20 grants totaling $580K. Net investment income was $212K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9M
-13.1% YoY
Annual Giving
$580K
+0.3% YoY
Grant Count
20
+42.9% YoY
Avg Grant Size
$29K
-29.8% YoY
Under IRS private-foundation payout rules, The Jennison Charitable Foundation reported a distributable amount of $760K for 2024 — the minimum it must pay out in qualifying distributions.
About The Jennison Charitable Foundation
Based on IRS filings
The Jennison Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 20 grants totaling $580K. Net investment income was $212K.
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 | $3,863,206 | $4,443,061 | $4,889,289 |
| Revenue | $72,647 | $162,990 | $297,835 |
| Expenses | $652,502 | $609,218 | $198,440 |
| Qualifying Distributions | $648,294 | $609,158 | $111,393 |
| Net Investment Income | $212,460 | $220,278 | $238,089 |
| Distributable Amount | $760,047 | $611,273 | $575,497 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vanguard Charitable Endowment Program ($290,000), Fontbonne Academy ($85,000), Florida Southern College ($29,700).
| Recipient | Purpose | Amount |
|---|---|---|
| CARITAS COMMUNITIES BRAINTREE, MA | GENERAL CONTRIBUTION | $5,000 |
| ELON UNIVERSITY ELON, NC | GENERAL CONTRIBUTION | $9,000 |
| JDRF INTERNATIONAL NEW YORK, NY | GENERAL CONTRIBUTION | $2,000 |
| NORTHEASTERN UNIVERSITY BOSTON, MA | GENERAL CONTRIBUTION | $24,371 |
| ST MARY'S CENTER INC DORCHESTER, MA | GENERAL CONTRIBUTION | $5,000 |
| STANFORD UNIVERSITY STANFORD, CA | GENERAL CONTRIBUTION | $5,306 |
| SUPPORT CONNECTIONS BALTIMORE, MD | GENERAL CONTRIBUTION | $2,000 |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM WARWICK, RI | GENERAL CONTRIBUTION | $290,000 |
| TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA PHILADELPHIA, PA | GENERAL CONTRIBUTION | $4,025 |
| FLORIDA SOUTHERN COLLEGE LAKELAND, IL | GENERAL CONTRIBUTION | $29,700 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GARY A JENNISON | TRUSTEE | 1 | — |
| CAROLE JENNISON | TRUSTEE | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Jennison Charitable Foundation?
The Jennison Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $3.9M in total assets as of 2024.
How large is The Jennison Charitable Foundation?
As of 2024, The Jennison Charitable Foundation holds $3.9M in total assets with $73K in annual revenue. It awarded 20 grants totaling $580K in 2024.
Where does The Jennison Charitable Foundation operate?
The Jennison Charitable Foundation has awarded grants in California, Connecticut, Florida, Georgia, Illinois, Louisiana, Massachusetts, Maryland, North Carolina, New York, Pennsylvania, Rhode Island, Texas, Utah.
What size grants does The Jennison Charitable Foundation award?
In 2024, The Jennison Charitable Foundation awarded 20 grants totaling $580K — an average of about $29K per grant, based on its IRS Form 990 filings.
How much is The Jennison Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Jennison Charitable Foundation reported a distributable amount of $760K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Jennison Charitable Foundation's EIN?
The Jennison Charitable Foundation's EIN (Employer Identification Number) is 04-3332800. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Jennison Charitable Foundation'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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