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EIN 23-7049738

JP Morgan Chase Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
New York
State
New York
Year formed
1969
Most recent tax filings
2022-12-01
NTEE code, primary
T21: Corporate foundations
Description
The JP Morgan Chase Foundation is a private foundation that makes grants to organizations and projects that interest earned on program related investment loan. Last year, the JP Morgan Chase Foundation made 6,275 grants. The JP Morgan Chase Foundation is located in New York, NY.
Total revenues
$51,975,214
2022
Total expenses
$203,162,165
2022
Total assets
$490,151,596
2022
Num. employees
n/a

Program areas at JP Morgan Chase Foundation

Interest earned on program related investment loan. Loan proceeds are to be used to make loans to organizations or projects that achieve the objective to finance improvement in healthcare delivery and to increase quality healthcare jobs in low-income communities.

Grants made by JP Morgan Chase Foundation

GranteeGrant descriptionAmount
PIDC-Community CapitalIn Support of Underserved Small Business Expansion$3,300,000
The Aspen InstituteIn Support of Creating Economic Mobility and Career Pathways$2,450,000
Naacp Empowerment Programs (NAACP)General Operating Support$2,250,000
...and 776 more grants made totalling $152,040,927

Who funds JP Morgan Chase Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Beatrice Snyder FoundationThe Purpose of These Contributions Is To Aid the Donee Organizations To Carry Out Their Exempt Functions.$1,000
The Peterson Family FoundationGeneral Support$1,000

Personnel at JP Morgan Chase Foundation

NameTitleCompensation
Joseph A TobiasTreasurer
Dalila Wilson-ScottDirector and President$0

Financials for JP Morgan Chase Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$53,289,034
Investment income and dividends$12,036,714
Net rental income$0
Net gain from sale of non-inventory assets$-13,350,534
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$51,975,214

Form 990s for JP Morgan Chase Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-10990PFView PDF
2021-122022-10-07990PFView PDF
2020-122021-09-15990PFView PDF
2019-122020-12-14990PFView PDF
2018-122019-12-03990PFView PDF
...and 7 more Form 990s

Organizations like JP Morgan Chase Foundation

OrganizationLocationRevenue
Danoff Family Private Charitable FoundationAlbany, NY$16,794,005
Howmet Aerospace FoundationPittsburgh, PA$27,580,754
Interlaken FoundationNew York, NY$41,079,708
Kiewit Companies FoundationMilwaukee, WI$36,875,183
Community Finance CorporationTucson, AZ$87,586,765
PaccarBellevue, WA$16,257,695
Hildebrand FoundationHouston, TX$48,426,674
Fox Rock FoundationQuincy, MA$46,211,747
The Bank of America Charitable FoundationCharlotte, NC$76,977,118
Assisi Foundation of MemphisMemphis, TN$18,670,140
Data update history
November 30, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 30, 2023
Updated personnel
Identified 11 new personnel
November 27, 2023
Received grants
Identified 1 new grant, including a grant for $1,000 from Beatrice Snyder Foundation
November 26, 2023
Used new vendors
Identified 2 new vendors, including , and
August 28, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
383 Madison Ave 41st FL
New York, NY 10017
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
jpmorganchase.com/impact 
Phone
(212) 270-0292
IRS details
EIN
23-7049738
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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