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Jmp Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2007. The principal officer is % Foundation Source. It holds total assets of $6.4M. Annual income is reported at $1.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Jmp Foundation Inc. has made 63 grants totaling $2.5M, with a median grant of $15K. Annual giving has decreased from $1.2M in 2021 to $694K in 2023. Individual grants have ranged from $1K to $500K, with an average award of $40K. The foundation has supported 30 unique organizations. The foundation primarily supports organizations in New Jersey, VI, New York, which account for 81% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Jmp Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 63 grants. Its grantmaking reaches organizations primarily in NJ, VI, NY.
Jmp Foundation Inc. has distributed a total of $2.5M across 63 grants. The median grant size is $15K, with an average of $40K. Individual grants have ranged from $1K to $500K.
Jmp Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jmp Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Papa | CEO, Dir | $0 | $0 | $0 |
| Marylee M Pratnicki | Sec, Dir | $0 | $0 | $0 |
| Juliana Drinane | Vice President | $0 | $0 | $0 |
| Christine A Papa | Vice President | $0 | $0 | $0 |
Total Giving
$765K
Total Assets
$7M
Fair Market Value
$7.8M
Net Worth
$7M
Grants Paid
$694K
Contributions
$0
Net Investment Income
$238K
Distribution Amount
$375K
Total: $6.5M
Total Grants
63
Total Giving
$2.5M
Average Grant
$40K
Median Grant
$15K
Unique Recipients
30
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Americas Grow A Row IncGeneral & Unrestricted | Pittstown, NJ | $250K | 2023 |
| Missionary Society Of The Salesian Sisters IncMary Help Education Fund | North Haledon, NJ | $100K | 2023 |
| Stephen Siller Tunnel To Towers FoundationGeneral & Unrestricted | Staten Island, NY | $50K | 2023 |
| Tri-County Scholarship FundFreedom Scholarship Fund, Enrichment Activities, Ukranian Refugee Student Activities at St. Nicholas Ukranian School in Passaic, NJ | Mendham, NJ | $30K | 2023 |
| Humane Society Of St ThomasOperational salary support for the Executive Director position |
| 2015 | 990PF | View |
| St Thomas, VI |
| $25K |
| 2023 |
| Community Foundation Of The Virgin Islands IncJMP Fund | St Thomas, VI | $25K | 2023 |
| Judicial Watch IncGeneral & Unrestricted | Washington, DC | $25K | 2023 |
| Monmouth County Society For The Prevention Of CrueGeneral & Unrestricted | Eatontown, NJ | $20K | 2023 |
| Seamens Society For Children And FamiliesRobert & Barbara Fitzsimmons Children's and Family Fund | Staten Island, NY | $20K | 2023 |
| St George Theatre Restoration IncGeneral & Unrestricted | Staten Island, NY | $20K | 2023 |
| Lunch BreakGeneral & Unrestricted | Red Bank, NJ | $20K | 2023 |
| Lafayette CollegeJMP Foundation Annual Scholarship Fund | Easton, PA | $15K | 2023 |
| Marys Place By The Sea IncGeneral & Unrestricted | Ocean Grove, NJ | $10K | 2023 |
| Tabbys Place A Cat Sanctuary IncGeneral & Unrestricted | Ringoes, NJ | $10K | 2023 |
| Patient Assist ViGeneral & Unrestricted | St Thomas, VI | $10K | 2023 |
| Ronald Mcdonald House Of Long Branch Nj IncGeneral & Unrestricted | New Brunswick, NJ | $10K | 2023 |
| Saint Josephs UniversityClass of 2025 JMP Scholars Scholarship Fund | Philadelphia, PA | $25K | 2022 |
| Long Branch First Aid And Safety Squad CorpGeneral & Unrestricted | Long Branch, NJ | $10K | 2022 |
| Ellas Hope IncGeneral & Unrestricted | St Thomas, VI | $5K | 2022 |
| Winters Center For Autism IncGeneral Fund | West Babylon, NY | $5K | 2022 |
| My Brothers WorkshopMBW Main Campus Project - property acquisition | St Thomas, VI | $500K | 2021 |
| Junior Achievement Of New JerseyGeneral & Unrestricted | Edison, NJ | $25K | 2021 |
| Monmouth Co Soc For Prevention Of Cruelty To AnmlsGeneral & Unrestricted | Eatontown, NJ | $20K | 2021 |
| CharitdiAustin's Army | King Of Prussia, PA | $10K | 2021 |
| Operation Gratitude IncGeneral & Unrestricted | Encino, CA | $10K | 2021 |
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