Funder DirectoryJerome Foundation Inc
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Private foundation (trust)EIN 416035163Est. 1964-07

Jerome Foundation Inc

Saint Paul, MN 55114

By invitation only

Total Assets

$114.7M

FY 2024

Annual Giving

$5.3M

FY 2024

Grants Made

168

FY 2024

Avg Grant

$32K

FY 2024

Grant Range

$656–$200K

Typical

Deadlines

Guidelines and application deadlines v…

Applications

Financial Snapshot

2024 filing

Total Revenue

$12.6M

Total Expenses

$5.2M

Qualifying Distributions

$6.8M

Distributable Amount

$5.6M

Min. Investment Return

$5.8M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

168 grants

Grant sizes from minimum $656 through median $25K to maximum $200K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2022 to 2024. Peak $5.5M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

The MAP Fund
$390K
3 grants
Minneapolis College of Art and Design
$321K
3 grants
Propel Nonprofits
$300K
1 grant
Playwrights' Center
$298K
3 grants
American Composers Forum
$280K
2 grants
Loft Literary Center
$246K
1 grant
The Museum of Modern Art
$244K
1 grant
Roulette Intermedium
$239K
3 grants

Grant Size Distribution

500 grants

<$10K
38
grants
$10–50K
419
grants
$50–250K
42
grants
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

7 states

Minnesota
$9.2M
58% of total
New York
$6.3M
39% of total
California
$225K
1% of total
South Dakota
$180K
1% of total
Illinois
$32K
0% of total
Louisiana
$25K
0% of total
Utah
$23K
0% of total
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