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Joly Family Foundation is a private corporation based in COHOES, NY. The foundation received its IRS ruling in 2020. The principal officer is % Ayco Co Lp. It holds total assets of $11.7M. Annual income is reported at $27.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Joly Family Foundation has made 17 grants totaling $1.8M, with a median grant of $50K. Annual giving has decreased from $485K in 2020 to $131K in 2023. Grantmaking activity was highest in 2022 with $700K distributed across 8 grants. Individual grants have ranged from $6K to $375K, with an average award of $105K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Minnesota and New York and Pennsylvania. Contributions to this foundation are tax-deductible.
Joly Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in MN, NY, PA.
Joly Family Foundation has distributed a total of $1.8M across 17 grants. The median grant size is $50K, with an average of $105K. Individual grants have ranged from $6K to $375K.
Joly Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Joly Family Foundation is headquartered in COHOES, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hubert B Joly | PRESIDENT & TREASURER | $0 | $0 | $0 |
| Stanislas Joly | DIRECTOR | $0 | $0 | $0 |
| Agathe Joly | SECRETARY | $0 | $0 | $0 |
Total Giving
$183K
Total Assets
$11.1M
Fair Market Value
$10.8M
Net Worth
$11.1M
Grants Paid
$131K
Contributions
$0
Net Investment Income
$269K
Distribution Amount
$494K
Total: $7.5M
Total Grants
17
Total Giving
$1.8M
Average Grant
$105K
Median Grant
$50K
Unique Recipients
9
Most Common Grant
$17K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Best Buy FoundationBEST BUY TEEN TECH CENTER PRESENTING PARTNER SPONSORSHIP RE: BROOKLYN PUBLIC LIBRARY | Minneapolis, MN | $50K | 2023 |
| Face FoundationFOR DONEE'S EXEMPT PURPOSE | New York, NY | $150K | 2022 |
| Minneapolis Society Of Fine ArtsFOR DONEE'S EXEMPT PURPOSE | Minneapolis, MN | $50K | 2023 |
| Just Capital Foundation IncFOR DONEE'S EXEMPT PURPOSE | New York, NY | $25K | 2023 |
| National Philanthropic Trust |
| Jenkintown, PA |
| $6K |
| 2023 |
| Friends Of Hec IncFOR DONEE'S EXEMPT PURPOSE | New York, NY | $136K | 2022 |
| Us Sciences Po FoundationFOR DONEE'S EXEMPT PURPOSE | New York, NY | $17K | 2022 |
| Minneapolis Institute Of ArtFOR DONEE'S EXEMPT PURPOSE | Minneapolis, MN | $375K | 2021 |
| Alliance FrancaiseFOR DONEE'S EXEMPT PURPOSE | Minneapolis, MN | $350K | 2020 |
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