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Jerome Mirza Foundation is a private corporation based in BLOOMINGTON, IL. The foundation received its IRS ruling in 2000. The principal officer is Jerome Mirza. It holds total assets of $20.4M. Annual income is reported at $7.2M. The foundation is governed by 3 officers and trustees. 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 2016 to 2023. Grantmaking is concentrated in Illinois. According to available records, Jerome Mirza Foundation has made 59 grants totaling $3.2M, with a median grant of $30K. The foundation has distributed between $773K and $1.6M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.6M distributed across 30 grants. Individual grants have ranged from N/A to $250K, with an average award of $54K. The foundation has supported 15 unique organizations. Grants have been distributed to organizations in Illinois and Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$14K
Median Grant
$33K
Average Grant
$55K
Largest Grant
$250K
Based on 14 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 Mirza Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 59 grants. Its grantmaking reaches organizations primarily in IL, MD.
Jerome Mirza Foundation has distributed a total of $3.2M across 59 grants. The median grant size is $30K, with an average of $54K. Individual grants have ranged from N/A to $250K.
Jerome Mirza Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jerome Mirza Foundation is headquartered in BLOOMINGTON, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Candace R Mirza | DIRECTOR | $15K | $0 | $15K |
| Deborah D Parsons | PRESIDENT/DIRECTOR | $15K | $0 | $15K |
| Thomas M Harris Jr | SECRETARY/DIRECTOR | $0 | $0 | N/A |
Total Giving
$992K
Total Assets
$18.2M
Fair Market Value
$18.2M
Net Worth
$18.2M
Grants Paid
$786K
Contributions
$184K
Net Investment Income
$379K
Distribution Amount
$834K
Total: $17.6M
Total Grants
59
Total Giving
$3.2M
Average Grant
$54K
Median Grant
$30K
Unique Recipients
15
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Knox CollegeSUPPORT OF OPERATIONS | Galesburg, IL | $23K | 2023 |
| Illinois Wesleyan FoundationSUPPORT OF OPERATIONS | Bloomington, IL | $250K | 2023 |
| Connections For The HomelessSUPPORT OF OPERATIONS | Evanston, IL | $100K | 2023 |
| U Of I College Of LawSUPPORT OF OPERATIONS | Champaign, IL | $100K | 2023 |
| Illinois Prairie Community FoundationSUPPORT OF OPERATIONS | Bloomington, IL | $50K | 2023 |
| Judd Goldman Adaptive Sailing FoundationSUPPORT OF OPERATIONS | Chicago, IL | $50K | 2023 |
| Center For GiftedSUPPORT OF OPERATIONS | Glenview, IL | $40K | 2023 |
| Holiday SpectacularSUPPORT OF OPERATIONS | Bloomington, IL | $35K | 2023 |
| Public Interest Law InitiativeSUPPORT OF OPERATIONS | Chicago, IL | $30K | 2023 |
| Illinois Bar FoundationSUPPORT OF OPERATIONS | Chicago, IL | $25K | 2023 |
| YmcaSUPPORT OF OPERATIONS | Bloomington, IL | $25K | 2023 |
| Prairie Fire TheatreSUPPORT OF OPERATIONS | Normal, IL | $21K | 2023 |
| Prairie State Legal ServicesSUPPORT OF OPERATIONS | Rockford, IL | $20K | 2023 |
| Music Connections FoundationSUPPORT OF OPERATIONS | Bloomington, IL | $17K | 2023 |
| K-1 Host Hotels & ResortsSUPPORT OF OPERATIONS | Bethesda, MD | N/A | 2023 |