Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Jg Family Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1994. The principal officer is Ernst & Young Us Llp. It holds total assets of $60.8M. Annual income is reported at $18.9M. Total assets have grown from $19.6M in 2011 to $49.6M in 2023. The foundation is governed by 2 officers and trustees. Charitable activity program. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Jg Family Foundation has made 4 grants totaling $13.2M, with a median grant of $3.5M. Annual giving has grown from $2.1M in 2021 to $8.1M in 2023. Individual grants have ranged from $2.1M to $4M, with an average award of $3.3M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Charitable activity program
Charitable activity program. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA.
Jg Family Foundation has distributed a total of $13.2M across 4 grants. The median grant size is $3.5M, with an average of $3.3M. Individual grants have ranged from $2.1M to $4M.
Jg Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jg Family Foundation is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Herschel Goldfield | TRUSTEE | $0 | $0 | N/A |
| Jacob D Goldfield | TRUSTEE | $0 | $0 | N/A |
Total Giving
$569K
Total Assets
$49.6M
Fair Market Value
$52.7M
Net Worth
$49.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$5.4M
Distribution Amount
$2.4M
Total: $4M
Total Grants
4
Total Giving
$13.2M
Average Grant
$3.3M
Median Grant
$3.5M
Unique Recipients
2
Most Common Grant
$4M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Goldfield Fam Charitable TrustGENERAL USE | Newport Beach, CA | $4M | 2023 |
| Goldfield Family Charitable TrustGENERAL USE | Newport Beach, CA | $3M | 2022 |