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Jace Foundation is a private trust based in WESTLAKE VLG, CA. The foundation received its IRS ruling in 2022. The principal officer is % David Essayan. It holds total assets of $2.2M. Annual income is reported at $1.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Jace Foundation has made 4 grants totaling $70K, with a median grant of $18K. Individual grants have ranged from $15K to $20K, with an average award of $18K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in California and New York. Contributions to this foundation are tax-deductible.
Jace Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA, NY.
Jace Foundation has distributed a total of $70K across 4 grants. The median grant size is $18K, with an average of $18K. Individual grants have ranged from $15K to $20K.
Jace Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jace Foundation is headquartered in WESTLAKE VLG, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Mark Essayan | Trustee | $0 | $0 | $0 |
| Susan Marie Jerian | Trustee | $0 | $0 | $0 |
Total Giving
$48K
Total Assets
$1.5M
Fair Market Value
$1.5M
Net Worth
$1.5M
Grants Paid
$42K
Contributions
$504K
Net Investment Income
$245K
Distribution Amount
$46K
Total: $520K
Total Grants
4
Total Giving
$70K
Average Grant
$18K
Median Grant
$18K
Unique Recipients
2
Most Common Grant
$15K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Aua American University Of ArmeniaScholarships | Glendale, CA | $20K | 2022 |
| Agbu Armenian General Benevolent UnGeneral Support | New York, NY | $15K | 2022 |
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