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.
Key facts about The Jennison Charitable Foundation
- EIN
- 04-3332800
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $579,508
- Grants made (2024)
- 20
- Average grant
- $28,975
- Median grant
- $9,693
- New grantees (estimate)
- 60% first-time grantees (12 of 20, 2024)
- Total assets
- $3,863,206
- Primary geography
- Rhode Island (50% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Jennison Charitable Foundation funds
By grant dollars, the top recipient states for The Jennison Charitable Foundation's 20 itemized 2024 grants were Rhode Island (50%), Massachusetts (21%) and Pennsylvania (7%). The most frequent recipient cities were Philadelphia, PA (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is The Jennison Charitable Foundation open to new grantees?
60%
first-time grantees, 2024
In 2024, 12 of 20 grantees (60%) were first-time recipients. First grants averaged $20K; repeat grants $43K. How we count
Medians: $13K first-time, $5K repeat.
- 35% of 2024 grantees were also funded in 2023. Method
- Giving grew 28% from 2021 to 2024. Method
- In 2024 it paid out 85% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Jennison Charitable Foundation
- How to evaluate The Jennison Charitable Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to The Jennison Charitable Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
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
Ready to take the next step with The Jennison Charitable Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 20 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients include Vanguard Charitable Endowment Program ($290,000), Fontbonne Academy ($85,000), Florida Southern College ($29,700).
| Recipient | Purpose | Amount |
|---|---|---|
| VANGUARD CHARITABLE ENDOWMENT PROGRAM Warwick, RI | GENERAL CONTRIBUTION | $290,000 |
| FONTBONNE ACADEMY Milton, MA | GENERAL CONTRIBUTION | $85,000 |
| FLORIDA SOUTHERN COLLEGE Lakeland, IL | GENERAL CONTRIBUTION | $29,700 |
| GEORGE MASON UNIVERSITY Philadelphia, PA | GENERAL CONTRIBUTION | $26,055 |
| NORTHEASTERN UNIVERSITY Boston, MA | GENERAL CONTRIBUTION | $24,371 |
| GEORGIA STATE UNIVERSITY Atlanta, GA | GENERAL CONTRIBUTION | $22,050 |
| SAN DIEGO STATE UNIVERSITY San Diego, CA | GENERAL CONTRIBUTION | $20,943 |
| UNIVERSITY OF TEXAS AT AUSTIN Austin, TX | GENERAL CONTRIBUTION | $14,004 |
| UC REGENTS Santa Barbara, CA | GENERAL CONTRIBUTION | $11,574 |
| KULZTOWN UNIVERSITY Kutztown, PA | GENERAL CONTRIBUTION | $10,386 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS 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
Similar Funders
Funders that support many of the same organizations
Tulsa Community Foundation
Tulsa, OK
Assets
$1.1B
Grants
1,066
Total Given
$158.6M
Amica Companies Foundation
Lincoln, RI
Assets
$43.8M
Grants
1,288
Total Given
$4.2M
Silicon Valley Community Foundation
Mountain View, CA
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
McKesson Foundation Inc
Dallas, TX
Assets
—
Grants
76
Total Given
$16.6M
Fidelity Foundation
Boston, MA
Assets
$5.0B
Grants
4,430
Total Given
$156.2M
Boston Foundation Inc
Boston, MA
Assets
$2.1B
Grants
2,046
Total Given
$169.9M
Eastern Bank Foundation
Wakefield, MA
Assets
—
Grants
1,786
Total Given
$19.0M
Analog Devices Foundation
Boston, MA
Assets
—
Grants
1,177
Total Given
$1.9M
Barr Foundation
Boston, MA
Assets
$1.9B
Grants
903
Total Given
$123.2M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Verizon Foundation
Basking Ridge, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
Enterprise Holdings Foundation
Saint Louis, MO
Assets
—
Grants
9,499
Total Given
$73.1M
More Funders in Massachusetts
Data last updated September 2026. Sourced from IRS Form 990-PF filings.