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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. Total assets have grown from $11K in 2018 to $11.7M in 2024. 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 2020 to 2024. The foundation primarily funds organizations in Minnesota and New York. 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.
Smallest Grant
$25K
Median Grant
$110K
Average Grant
$162K
Largest Grant
$350K
Based on 3 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.
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 | N/A |
| Stanislas Joly | DIRECTOR | $0 | $0 | N/A |
| Agathe Joly | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$11.7M
Fair Market Value
N/A
Net Worth
$11.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 TrustFOR DONEE'S EXEMPT PURPOSE | 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 |