The Jennison Charitable Foundation
The Jennison Charitable Foundation is a private foundation based in Boston, Massachusetts. Its 2025 filing reports grants to charitable organizations, including colleges and universities, a Jewish federation, and a housing organization.
The Jennison Charitable Foundation at a glance
In short: The Jennison Charitable Foundation gave $827K across 36 grants in 2025 (avg $23K), top state Rhode Island. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $826,605
- +42.6% vs 2024
- Grants made (2025)
- 36
- +80.0% vs 2024
- Average grant
- $22,961
- -20.8% vs 2024
- Median grant
- $10,750
- Total assets
- $3,857,856
- -0.1% vs 2024
- Primary geography
- Rhode Island (48% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to The Jennison Charitable Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 150 Mount Vernon Street 500, Boston, MA 02125
Phone: (617) 822-7350
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Jennison Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Vanguard Charitable Endowment Program ($400K). Together the top 10 received $619K.
Grant Size Distribution
90 grants across all recorded years
The most common grant size was under $50K: 83 grants of 90 (92%).
Geographic Focus
Where this funder awards grants
In 2025, the largest shares of grant dollars by recipient state were Rhode Island (48%), Massachusetts (17%), Pennsylvania (8%), Texas (6%), and Illinois (3%).
Grant Distribution by State
Share of 2025 grant dollars across all 36 itemized grants.
States
Cities
How The Jennison Charitable Foundation gives
- 33% of 2025 grantees were also funded in 2024. Method
- Giving grew 1054% from 2022 to 2025. Method
- In 2025 it paid out 111% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $72K (2022) to $827K (2025). In 2025 it made 36 grants totaling $827K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Vanguard Charitable Endowment Program Warwick, RI | General Contribution | $400,000 |
| University of Texas at Austin Austin, TX | General Contribution | $37,114 |
| Umass Amherst Amherst, MA | General Contribution | $29,000 |
| Florida Southern College Lakeland, IL | General Contribution | $27,000 |
| George Mason University Philadelphia, PA | General Contribution | $23,000 |
| Umass at Dartmouth Dartmouth, MA | General Contribution | $22,602 |
| University of Denver Denver, CO | General Contribution | $21,000 |
| Jewsih Federation of Western Mass Springfield, MA | General Contribution | $20,000 |
| WPI Worcester, MA | General Contribution | $20,000 |
| India Tech Fort Wayne, IN | General Contribution | $19,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,857,856 | $964,173 | $953,802 | $826,605 | 36 | $950,775 | $361,754 | $858,017 |
| 2024 | $3,863,206 | $72,647 | $652,502 | $579,508 | 20 | $648,294 | $212,460 | $760,047 |
| 2023 | $4,443,061 | $162,990 | $609,218 | $577,754 | 14 | $609,158 | $220,278 | $611,273 |
| 2022 | $4,889,289 | $297,835 | $198,440 | $71,600 | 8 | $111,393 | $238,089 | $575,497 |
| 2021 | $4,789,894 | $1,077,377 | $542,364 | $453,950 | 12 | $502,090 | $1,039,603 | $588,363 |
| 2020 | $4,254,881 | $-74,584 | $256,869 | $239,000 | 6 | — | $165,283 | $452,216 |
Under IRS private-foundation payout rules, The Jennison Charitable Foundation reported a distributable amount of $858K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available information does not state a mission for the foundation. Its 2025 grants include support for higher-education institutions and other charitable organizations. The grantees’ own descriptions illustrate their work: the University of Denver says it promotes learning and scholarly inquiry; the University of Scranton describes itself as a Catholic and Jesuit university; and Caritas Communities says it provides permanent housing and support to very low-income individuals.
Grantmaking
In 2025, the foundation reported 36 grants totaling $826,605. Grants ranged from $1,000 to $400,000, with a median of $10,750. The largest listed grant was $400,000 to Vanguard Charitable Endowment Program. Other large grants included $37,114 to the University of Texas at Austin, $29,000 to UMass Amherst, and $27,000 to Florida Southern College. The listed grants were identified as general contributions.
Other 2025 recipients included the University of Denver ($21,000), the University of Scranton ($19,000), St. Norbert College ($12,000), Babson College ($11,000), Georgia State University ($10,500), Elon University ($9,000), Caritas Communities ($5,000), and Fairfield Country Day School ($2,500).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Gary A. Jennison and Carole Jennison as trustees.
The Jennison Charitable Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carole Jennison
Trustee
On filings since 2020
5 hrs/week
No compensation reported
Gary A. Jennison
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Jennison Charitable Foundation
How much does The Jennison Charitable Foundation give each year?
The Jennison Charitable Foundation gave $827K across 36 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $580K across 20 grants.
What is The Jennison Charitable Foundation's typical grant size?
The Jennison Charitable Foundation's median grant in 2025 was $10,750, and its average grant was $22,961, across 36 grants on its 2025 IRS Form 990-PF.
Where does The Jennison Charitable Foundation give grants?
The Jennison Charitable Foundation's top state is Rhode Island, with 48% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Massachusetts (17%) and Pennsylvania (8%). The most frequent recipient cities were Philadelphia, PA (2 grants) and Springfield, MA (2 grants).
Does The Jennison Charitable Foundation give general operating support?
Yes: 100% of The Jennison Charitable Foundation's 2025 grants with a stated purpose (36 of 36) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Jennison Charitable Foundation's largest grantees?
The Jennison Charitable Foundation's largest 2025 grantees include Vanguard Charitable Endowment Program ($400,000), University of Texas at Austin ($37,114) and Umass Amherst ($29,000), according to its 2025 IRS Form 990-PF. Together they received 56% of its itemized 2025 grant dollars.
How large is The Jennison Charitable Foundation?
The Jennison Charitable Foundation reported $3.9M in total assets on its 2025 IRS Form 990-PF. It paid out $951K in qualifying distributions that year, against a required minimum of $858K (roughly 5% of its investment assets).
What does The Jennison Charitable Foundation fund?
The available information does not state a mission for the foundation. Its 2025 grants include support for higher-education institutions and other charitable organizations. See mission & focus areas ↑
How do I apply for a grant from The Jennison Charitable Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2020–2025.
Does The Jennison Charitable Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 31, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 25, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
Live grants for the work The Jennison Charitable Foundation funds
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Cite this profile
Grantable. (2026). The Jennison Charitable Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/the-jennison-charitable-foundation-morg_e2bd9b3f3e6f471d8385f03a37f00f90
BibTeX
@misc{grantable_043332800_2026,
author = {{Grantable}},
title = {{The Jennison Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-jennison-charitable-foundation-morg_e2bd9b3f3e6f471d8385f03a37f00f90},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Jennison Charitable Foundation'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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