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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. Total assets have decreased from $9.4M in 2011 to $6.4M in 2024. The foundation is governed by 4 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 2015 to 2024. Funding is distributed across 4 states, including New Jersey, Pennsylvania, VI. 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.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$44K
Largest Grant
$500K
Based on 27 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.
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 | N/A |
| Marylee M Pratnicki | Sec, Dir | $0 | $0 | N/A |
| Juliana Drinane | Vice President | $0 | $0 | N/A |
| Christine A Papa | Vice President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$6.4M
Fair Market Value
N/A
Net Worth
$6.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| Community Foundation Of The Virgin Islands IncJMP Fund | St Thomas, VI | $25K | 2023 |
| Judicial Watch IncGeneral & Unrestricted | Washington, DC | $25K | 2023 |
| Humane Society Of St ThomasOperational salary support for the Executive Director position | St Thomas, VI | $25K | 2023 |
| Lunch BreakGeneral & Unrestricted | Red Bank, NJ | $20K | 2023 |
| Monmouth County Society For The Prevention Of CrueGeneral & Unrestricted | Eatontown, NJ | $20K | 2023 |
| St George Theatre Restoration IncGeneral & Unrestricted | Staten Island, NY | $20K | 2023 |
| Seamens Society For Children And FamiliesRobert & Barbara Fitzsimmons Children's and Family Fund | Staten Island, NY | $20K | 2023 |
| Lafayette CollegeJMP Foundation Annual Scholarship Fund | Easton, PA | $15K | 2023 |
| Patient Assist ViGeneral & Unrestricted | St Thomas, VI | $10K | 2023 |
| Tabbys Place A Cat Sanctuary IncGeneral & Unrestricted | Ringoes, NJ | $10K | 2023 |
| Ronald Mcdonald House Of Long Branch Nj IncGeneral & Unrestricted | New Brunswick, NJ | $10K | 2023 |
| Marys Place By The Sea IncGeneral & Unrestricted | Ocean Grove, NJ | $10K | 2023 |
| Saint Josephs UniversityClass of 2024 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 |