The James and Judith K Dimon Foundation
The James and Judith K Dimon Foundation is a private family foundation established in 1996 and based in New York, NY. Founded by James Dimon, Chairman and CEO of JPMorgan Chase & Co., and his wife Judith Kent, the foundation operates as a philanthropic organization focused on supporting educational, health, and social service initiatives across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$216.4M
+19.4% YoY
Annual Giving
$9.9M
+101.1% YoY
Grant Count
49
+32.4% YoY
Avg Grant Size
$203K
+51.8% YoY
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education (particularly K-12 and higher education)
- Health and medical care (in-patient medical care, hospital care, diseases and conditions)
- Arts and culture
- Human services (family services, child welfare)
- Youth development and social services
The foundation does not maintain a formal mission statement on public record, nor does it publish distinct grant programs or detailed guidelines.
Grantmaking
The foundation does not accept unsolicited proposals for funding. Grants are made at the discretion of the trustees and typically support organizations with which the Dimons have existing relationships or connections. Networking is essential for organizations seeking consideration.
Grant Range
$10,000
How to Apply
**
Ready to take the next step with The James and Judith K Dimon Foundation?
Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated primarily on the East Coast, with particular emphasis on:
- New York (primary focus)
- Massachusetts
- Pennsylvania
- Connecticut
- Maryland
- Texas
- Illinois
- Kentucky
- Virginia
- Washington, DC
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- Total assets (2024): $216,441,666
- Total assets (2023): $181,276,408
Annual Activity:
- Total revenue (2023): $25,321,266
- Total expenses (2023): $6,325,908
- Total giving (2024): $9,940,206
- Annual giving (2023): $4,943,000
Organization Type:
- Private non-operating foundation
- 501(c)(3) organization
- Employer Identification Number (EIN): 13-3922199
- Ruling date: February 1997
- Tax-exempt status: Unconditional exemption
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $216,441,666 | $181,276,408 | $178,412,117 |
| Revenue | $61,378,560 | $25,321,266 | $22,175,786 |
| Expenses | $11,324,103 | $6,325,908 | $7,700,104 |
| Qualifying Distributions | $10,419,753 | $5,263,245 | $6,517,287 |
| Net Investment Income | $35,451,414 | $4,822,127 | $5,016,381 |
| Distributable Amount | $12,678,116 | $9,756,307 | $8,787,272 |
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
188 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key Personnel:
- James Dimon (Founder, Director)
- Judith K Dimon (Founder, Director)
- Joan Kent (Director)
- Dr. Theodore Dimon (Director)
- Tamara Bechara (Director)
All directors serve without compensation.
Founder Background: James Dimon served as a Class A director of the Board of Directors of the New York Federal Reserve beginning in 2007 for a three-year term. He was included in Time Magazine's lists of the world's 100 most influential people in 2006, 2008, 2009, and 2011.
Judith Kent has deep experience in education and social services. In the early 1990s, she helped establish the National Center for Community Schools with the Children's Aid Society, which has facilitated the development of over 15,000 community school adaptations nationally and internationally. In 2000, she co-founded The Campaign to Expand Community Schools in Chicago, a $50 million public-private partnership. She also helped pioneer South Bronx Rising Together, a grassroots collaboration focused on revitalizing the South Bronx, and currently focuses on developing career pathways for young people from low-income neighborhoods.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES DIMON | DIRECTOR | 1 | — |
| JUDITH K DIMON | PRESIDENT, TREAS, DIRECTOR | 1 | — |
| JOAN KENT | SECRETARY, DIRECTOR | 1 | — |
| DR THEODORE DIMON | DIRECTOR | 0.5 | — |
| TAMARA BECHARA | DIRECTOR | 0.5 | — |
Recent News & Activity
Recent developments and announcements
The foundation awarded $500,000 to the Wendy Novak Diabetes Institute in 2023. The foundation has demonstrated significant growth in grantmaking activity over recent years, increasing from $320,000 in grants in 2016 to $5.8 million in 2017, reflecting the couple's increasing philanthropic commitment.
Dimon Foundation gives $500,000 to Wendy Novak Diabetes InstituteSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The James and Judith K Dimon Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities