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The Jennison Charitable Foundation is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 1997. The principal officer is Gary Jennison. It holds total assets of $3.9M. Annual income is reported at $1.1M. Total assets have grown from $1.9M in 2011 to $4.4M in 2023. The foundation is governed by 2 officers and trustees. Grants to support education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, The Jennison Charitable Foundation has made 34 grants totaling $836K, with a median grant of $5K. Annual giving has decreased from $239K in 2020 to $143K in 2022. Grantmaking activity was highest in 2021 with $454K distributed across 12 grants. Individual grants have ranged from $250 to $355K, with an average award of $25K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Massachusetts, Rhode Island, New York, which account for 88% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$2K
Average Grant
$38K
Largest Grant
$355K
Based on 12 grants from the most recent 990-PF filing.
Grants to support education
Expenses: $239K
Grants to support education. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in MA, RI, NY.
The Jennison Charitable Foundation has distributed a total of $836K across 34 grants. The median grant size is $5K, with an average of $25K. Individual grants have ranged from $250 to $355K.
The Jennison Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Jennison Charitable Foundation is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary A Jennison | TRUSTEE | $0 | $0 | N/A |
| Carole Jennison | TRUSTEE | $0 | $0 | N/A |
Total Giving
$609K
Total Assets
$4.4M
Fair Market Value
$13.9M
Net Worth
$4.4M
Grants Paid
$578K
Contributions
N/A
Net Investment Income
$220K
Distribution Amount
$611K
Total Grants
34
Total Giving
$836K
Average Grant
$25K
Median Grant
$5K
Unique Recipients
16
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Friends Of Libertas Academy Charter SchoolGENERAL CONTRIBUTION | Springfield, MA | $23K | 2022 |
| Jewish Endowment Foundation ScholarshipGENERAL CONTRIBUTION | Springfield, MA | $20K | 2022 |
| The Brewster Historical SocietyGENERAL CONTRIBUTION | Brewster, MA | $10K | 2022 |
| St Mary'S Women And Children'S CenterGENERAL CONTRIBUTION | Dorchester, MA | $8K | 2022 |
| Caritas CommunitiesGENERAL CONTRIBUTION | Braintree, MA | $5K | 2022 |
| St Coleman'S SchoolGENERAL CONTRIBUTION | Pompano Beach, FL | $2K | 2022 |
| Support ConnectionsGENERAL CONTRIBUTION | Yorktown Heights, NY | $2K | 2022 |
| JdrfGENERAL CONTRIBUTION | Wellesley, MA | $2K | 2022 |
| Vanguard Charitable Endowment ProgramGENERAL CONTRIBUTION | Warwick, RI | $355K | 2021 |
| David Tilley Children'S FoundationGENERAL CONTRIBUTION | Storrington | $8K | 2021 |
| Children'S Research HospitalGENERAL CONTRIBUTION | Newton, MA | $1K | 2021 |
| Usher Syndrome SocietyGENERAL CONTRIBUTION | Needham, MA | $1K | 2021 |
| Housing Assistance CorpGENERAL CONTRIBUTION | Hyannis, MA | $600 | 2021 |
| Jimmy FundGENERAL CONTRIBUTION | Boston, MA | $250 | 2021 |
| Childrens Medical Center CorpGENERAL CONTRIBUTION | Boston, MA | $5K | 2020 |
| St Josephs Parish SchoolsGENERAL CONTRIBUTION | Needham, MA | $1K | 2020 |