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Jerome Foundation 22720-6 is a private trust based in TERRACE PARK, OH. The foundation received its IRS ruling in 1965. The principal officer is Pittsburgh National Bank. It holds total assets of $310K. Annual income is reported at $2K. Total assets have decreased from $722K in 2011 to $316K in 2023. The foundation is governed by 2 officers and trustees. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in Pennsylvania, California and Kansas. According to available records, Jerome Foundation 22720-6 has made 32 grants totaling $42K, with a median grant of $900. The foundation has distributed between $11K and $19K annually from 2020 to 2022. Grantmaking activity was highest in 2021 with $19K distributed across 8 grants. Individual grants have ranged from $250 to $10K, with an average award of $1K. The foundation has supported 17 unique organizations. Grants have been distributed to organizations in Pennsylvania and California and Kansas. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$2K
Largest Grant
$10K
Based on 8 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.
Jerome Foundation 22720-6 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in PA, CA, KS.
Jerome Foundation 22720-6 has distributed a total of $42K across 32 grants. The median grant size is $900, with an average of $1K. Individual grants have ranged from $250 to $10K.
The application deadline is NO DEADLINES. No restrictions.
Jerome Foundation 22720-6 is headquartered in TERRACE PARK, OH. While based in OH, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary S Figore | OFFICER | $12K | $0 | $12K |
| Kim Michelson | TRUSTEE | $9K | $0 | $9K |
Total Giving
$30K
Total Assets
$316K
Fair Market Value
$276K
Net Worth
$316K
Grants Paid
$3K
Contributions
N/A
Net Investment Income
$230
Distribution Amount
$5K
Total Grants
32
Total Giving
$42K
Average Grant
$1K
Median Grant
$900
Unique Recipients
17
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Alcoholics AnonymousUNRESTRICTED DONATION | New Kensington, PA | $500 | 2022 |
| Salvation ArmyGENERAL | New Kensington, PA | $1K | 2020 |
| Moravian AcademyUNRESTRICTED DONATION | Bethlehem, PA | $3K | 2022 |
| American Red CrossUNRESTRICTED DONATION | Arnold, PA | $1K | 2022 |
| Hope Center TarentumUNRESTRICTED DONATION | Tarentum, PA | $500 | 2022 |
| Larc FoundationUNRESTRICTED DONATION | Santa Clarita, CA | $500 | 2022 |
| Wounded Warrier ProjectUNRESTRICTED DONATION | Topeka, KS | $500 | 2022 |
| La Roche UniversityGENERAL | Pittsburgh, PA | $4K | 2021 |
| Hope Center Tarentum - Allie Kiski AreaGENERAL | Tarentum, PA | $500 | 2021 |
| Oakmont Carnegie LibraryGENERAL | Oakmont, PA | $500 | 2021 |
| Westmoreland Food BankGENERAL | Delmont, PA | $1K | 2020 |
| Valley Points YmcaGENERAL | New Kensington, PA | $1K | 2020 |
| People'S LibraryGENERAL | New Kensington, PA | $1K | 2020 |
| Children'S Hospital Of Pittsburgh FoundationGENERAL | Pittsburgh, PA | $600 | 2020 |
| Knead Community CafeGENERAL | New Kensington, PA | $500 | 2020 |
| Meals On WheelsGENERAL | Lower Burrell, PA | $250 | 2020 |
| Mt St Peters ChurchGENERAL | New Kensington, PA | $250 | 2020 |