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J2 Family Foundation is a private corporation based in QUINCY, IL. The foundation received its IRS ruling in 2014. The principal officer is Joseph P Tracy. It holds total assets of $3.9M. Annual income is reported at $387K. Total assets have grown from $205K in 2013 to $4.4M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Illinois. According to available records, J2 Family Foundation has made 5 grants totaling $334K, with a median grant of $74K. The foundation has distributed between $154K and $179K annually from 2022 to 2023. Individual grants have ranged from $5K to $100K, with an average award of $67K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$89K
Average Grant
$64K
Largest Grant
$100K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
J2 Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in IL.
J2 Family Foundation has distributed a total of $334K across 5 grants. The median grant size is $74K, with an average of $67K. Individual grants have ranged from $5K to $100K.
Awards are generally limited to organizations that educate students such as parochial and public schools, organizations that provide aid and assistance to young children, young mothers, families, and all invidiuals who are struggling to support themselves short-term and need assistance and support to get back on their feet and complete their education or gainful employment, and organizations or programs that develop leadership skills of individuals who reside within a 100-mile radius of quincy, illinois, through programs, seminars and scholarships to those who have achieved at least a high school degree.
J2 Family Foundation is headquartered in QUINCY, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph P Tracy | PRESIDENT | $0 | $0 | N/A |
| Jill A Tracy | TREASURER | $0 | $0 | N/A |
| Christie L Mugerditchian | SECRETARY | $0 | $0 | N/A |
Total Giving
$181K
Total Assets
$4.4M
Fair Market Value
$9.9M
Net Worth
$4.4M
Grants Paid
$179K
Contributions
$1.6M
Net Investment Income
$112K
Distribution Amount
$426K
Total: N/A
Total Grants
5
Total Giving
$334K
Average Grant
$67K
Median Grant
$74K
Unique Recipients
3
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Quincy UniversityFACULTY INCENTIVE PROGRAM | Quincy, IL | $100K | 2023 |
| Quincy Notre Dame FoundationTEACHER, TALENT, RECRUITMENT, RETENT | Quincy, IL | $74K | 2023 |
| YmcaOPERATING | Quincy, IL | $5K | 2023 |