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Jephson Educational Trust 2 is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1980. The principal officer is Chase Manhattan Bank N A. It holds total assets of $8.4M. Annual income is reported at $9.6M. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in New York. According to available records, Jephson Educational Trust 2 has made 122 grants totaling $1.5M, with a median grant of $10K. Annual giving has grown from $462K in 2020 to $999K in 2022. Individual grants have ranged from $2K to $110K, with an average award of $12K. The foundation has supported 46 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, Vermont, which account for 73% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$12K
Largest Grant
$30K
Based on 42 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.
Jephson Educational Trust 2 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 122 grants. Its grantmaking reaches organizations primarily in NY, MA, VT.
Jephson Educational Trust 2 has distributed a total of $1.5M across 122 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $2K to $110K.
Jephson Educational Trust 2 typically selects its grantees rather than accepting unsolicited proposals.
Jephson Educational Trust 2 is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jp Morgan Chase Bank N A | TRUSTEE | $119K | $0 | $119K |
| John F Parkin | CO-TRUSTEE | $15K | $0 | $15K |
| Robert D Taisey Esq | CO-TRUSTEE | $15K | $0 | $15K |
Total Giving
$658K
Total Assets
$8.5M
Fair Market Value
$10.5M
Net Worth
$8.5M
Grants Paid
$503K
Contributions
N/A
Net Investment Income
$456K
Distribution Amount
$528K
Total: $7.9M
Total Grants
122
Total Giving
$1.5M
Average Grant
$12K
Median Grant
$10K
Unique Recipients
46
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Vermont AndGENERAL | Burlington, VT | $20K | 2022 |
| Alice Lloyd CollegeGENERAL | Pipps Passes, KY | $30K | 2022 |
| Metropolitan Opera AssociationGENERAL | New York, NY | $30K | 2022 |
| Boston ConservatoryGENERAL | Boston, MA | $25K | 2022 |
| Elmira CollegeGENERAL | Elmira, NY | $25K | 2022 |
| Bach Choir Of BethlehemGENERAL | Bethlehem, PA | $25K | 2022 |
| Wells CollegeGENERAL | Aurora, NY | $20K | 2022 |
| Long Trail School IncGENERAL | Dorset, VT | $20K | 2022 |
| New York Philharmonic- Symphony SocietyGENERAL | New York, NY | $20K | 2022 |
| American Composers Orchestra IncGENERAL | New York, NY | $20K | 2022 |
| Manhattan School Of MusicGENERAL | New York, NY | $15K | 2022 |
| Norwich UniversityGENERAL | Northfield, VT | $15K | 2022 |
| National Technical InstituteGENERAL | Rochester, NY | $15K | 2022 |
| Interlochen Center For The ArtsGENERAL | Interlochen, MI | $15K | 2022 |
| Cazenovia CollegeGENERAL | Cazenovia, NY | $15K | 2022 |
| University Of MassachusettsGENERAL | Amherst, MA | $12K | 2022 |
| Clarke School For The DeafGENERAL | Northhampton, MA | $10K | 2022 |
| New England Conservatory OfGENERAL | Boston, MA | $10K | 2022 |
| Seeing EyeGENERAL | Morristown, NJ | $10K | 2022 |
| Midland Adult Services IncGENERAL | North Branch, NJ | $10K | 2022 |
| Mount Saint Mary CollegeGENERAL | Newburgh, NY | $10K | 2022 |
| Society Of The Third StreetGENERAL | New York, NY | $10K | 2022 |
| New York Public LibraryGENERAL | New York, NY | $10K | 2022 |
| Carnegie Hall Society IncGENERAL | New York, NY | $10K | 2022 |
| Museum Of Modern ArtGENERAL | New York, NY | $10K | 2022 |