The Portman Foundation
The Portman Foundation is a private foundation, based in Atlanta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $49.1M in total assets. In 2024, it awarded 2 grants totaling $150K.
The Portman Foundation at a glance
In short: The Portman Foundation gave $150K across 2 grants in 2024 (avg $75K), mostly in Georgia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $150,000
- +3.4% vs 2023
- Grants made (2024)
- 2
- -50.0% vs 2023
- Average grant
- $75,000
- +106.9% vs 2023
- Median grant
- $75,000
- Total assets
- $49,113,112
- +7578.1% vs 2023
- Primary geography
- Georgia (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Portman Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was The Georgia Tech Foundation ($100K). Together the top 2 received $150K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was in the $50–100K range: 7 grants of 15 (47%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How The Portman Foundation gives
- Giving fell 90% from 2021 to 2024. Method
- In 2024 it paid out 57% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $60K (2020) to $1.6M (2021). In 2024 it made 2 grants totaling $150K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Georgia Tech Foundation Atlanta, GA | Donation Towards the Portman Prize | $100,000 |
| Atlanta Beltline Partnership Atlanta, GA | Year three of five donations towards advancing the vision campaign | $50,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $49,113,112 | $50,894,996 | $2,421,535 | $150,000 | 2 | $813,347 | — | $1,429,286 |
| 2023 | $639,651 | $190,600 | $235,451 | $145,000 | 4 | $228,248 | $13,747 | $35,469 |
| 2022 | $684,502 | $234,623 | $237,147 | $160,000 | 5 | $233,078 | $12,011 | $38,434 |
| 2021 | $687,026 | $677,391 | $1,647,484 | $1,560,000 | 3 | $1,560,000 | $28,919 | $66,060 |
| 2020 | $1,657,119 | $1,069,310 | $73,816 | $60,000 | 1 | — | $11,280 | $34,725 |
Under IRS private-foundation payout rules, The Portman Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Portman Foundation is led by Jana Portman Simmons, Chairman & President since 2024 (on filings since 2020); 1 of 6 officers listed in 2024 is compensated.
Officers on the 2024 filing
Jana Portman Simmons
Chairman & President
Chairman → Chairman & President, 2024
On filings since 2020
No compensation reported
Joannah Portman Daley
Director
On filings since 2023
20 hrs/week
$65K (2023) → $59K (2024)
Bruce Macewen
Director, Vice President & Treasurer
Director → Director, Vice President & Treasurer, 2024
On filings since 2020
No compensation reported
John C. Portman IV
Director & Vice President
Director → Director & Vice President, 2024
On filings since 2020
No compensation reported
Ambrish Baisiwala
Director
On filings since 2023
No compensation reported
Robert E. Warnick
Vice President & Secretary
New on the 2024 filing
No compensation reported
Former officers (1)
- Former: Alvis E. Campbell (2020–2023) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $59K, to Joannah Portman Daley (Director).
Frequently asked questions about The Portman Foundation
How much does The Portman Foundation give each year?
The Portman Foundation gave $150K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $145K across 4 grants.
How large is The Portman Foundation?
The Portman Foundation reported $49.1M in total assets on its 2024 IRS Form 990-PF. It paid out $813K in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Portman Foundation operate?
The Portman Foundation has awarded grants in District of Columbia, Georgia, New York.
What is The Portman Foundation's EIN?
The Portman Foundation's EIN (Employer Identification Number) is 46-1115236. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2020 (received by the IRS April 19, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 25, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 15, 2023)
- Added Form 990-PF for fiscal year 2023 (received by the IRS August 19, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2021–2024
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