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Jean L Potter Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2015. The principal officer is Merrill Lynch Trust Company. It holds total assets of $8.6M. Annual income is reported at $1.2M. Total assets have decreased from $12M in 2014 to $8.8M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Funding is distributed across 7 states, including Florida, California, Pennsylvania. According to available records, Jean L Potter Foundation has made 38 grants totaling $2.5M, with a median grant of $48K. The foundation has distributed between $580K and $1.3M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $1.3M distributed across 20 grants. Individual grants have ranged from $5K to $200K, with an average award of $65K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Washington, California, Pennsylvania, which account for 42% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$43K
Average Grant
$61K
Largest Grant
$170K
Based on 10 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.
Jean L Potter Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in WA, CA, PA.
Jean L Potter Foundation has distributed a total of $2.5M across 38 grants. The median grant size is $48K, with an average of $65K. Individual grants have ranged from $5K to $200K.
Jean L Potter Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jean L Potter Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $109K | $0 | $109K |
Total Giving
$701K
Total Assets
$8.8M
Fair Market Value
$12.2M
Net Worth
$8.8M
Grants Paid
$580K
Contributions
N/A
Net Investment Income
$325K
Distribution Amount
$581K
Total: $7.9M
Total Grants
38
Total Giving
$2.5M
Average Grant
$65K
Median Grant
$48K
Unique Recipients
10
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Door Of HopeGENERAL OPERATING | Pasadena, CA | $125K | 2023 |
| World Vision IncGENERAL OPERATING | Federal Way, WA | $200K | 2023 |
| Good Shepherd RehabilitationGENERAL OPERATING | Allentown, PA | $100K | 2023 |
| Campus Crusade For ChristintlGENERAL OPERATING | Orlando, FL | $50K | 2023 |
| African EnterpriseGENERAL OPERATING | Spokane, WA | $45K | 2023 |
| Prison Fellowship MinistriesGENERAL OPERATING | Lansdowne, VA | $25K | 2023 |
| Billy Graham Evangelistic AsscGENERAL OPERATING | Charlotte, NC | $15K | 2023 |
| World Challenge IncGENERAL OPERATING | Colorado Spgs, CO | $15K | 2023 |
| Christian Healing MinistryGENERAL OPERATING | Jacksonville, FL | $5K | 2023 |
| Wycliffe Associates IncGENERAL OPERATING | Orlando, FL | $8K | 2022 |