JPMorgan Chase Foundation

Private foundation · EIN 23-7049738 · since 1969jpmorganchase.com/impact·International·Updated 13 October 2026

At a glance

$203M
Annual giving, 2024 tax year
From the Form 990-PF filing
$100 to $5,000
Grant range
From grants in the 990-PF filings
$550
Typical grant (median)
10,331 grants in the latest filing
Invitation only
Unsolicited applications are not accepted

This funder does not accept unsolicited applications. The foundation chooses the organisations it funds itself.

Key takeaways

  • The foundation states that it does not accept unsolicited requests, so a charity without an invitation should not send it a proposal cold; the practical first step is to find a route to an invitation through an existing contact.
  • Its focus areas are jobs and skills, small business, neighbourhood development and financial health, and its stated geographic priority is around the world, so check your work against these before writing.
  • If an invitation is possible, its typical grants fall between $100 and $5,000 and its median grant is $520, so a modest request is the realistic size, though its largest grant was about $4,650,000 and that band is not a ceiling.
  • The filing shows that 79% of grant dollars to organisations went to groups the foundation had also funded in earlier filings, so repeat relationships appear to matter a great deal.

Overview

JPMorgan Chase Foundation is a US private foundation based in New York, NY.

What they fund

Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 13 October 2026.

Priority Areas

The foundation identifies jobs and skills, small business, neighbourhood development and financial health as focus areas. Its recorded grants support neighbourhood revitalisation, economic mobility and career pathways, underserved small business expansion and financial health, as well as general operating support. Recipients include community development and neighbourhood organisations, workforce and education bodies, community foundations and other charitable organisations. In the AdvancingCities Challenge, it sought collaborative proposals addressing systemic barriers to opportunity. Its grants reach recipients across 53 states and outside the United States.

Themes

  • Jobs and skills
  • Small business
  • Neighborhood development
  • Financial health

Geographic Focus

Priority: Around the world.

How to apply

The foundation states that it does not accept unsolicited requests.

Application success factors

  • Repeat giving: In its TY2024 filing, 79% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
  • Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 29,626 grants to organisations were $520 or less.

Where grants go

From grants to organisations in the foundation’s filings for tax years 2022–2024.

Grant dollars by state

District of Columbia12%
California11%
New York11%
Illinois7%
Texas6%
Massachusetts4%

6 other states: 18%

Outside the US or with no state on the filing: 32%

  • The largest single recipient received 2% of grant dollars to organisations.
  • In tax year 2024, 79% of grant dollars went to organisations JPMorgan Chase Foundation had funded in earlier filings.
  • 13% of grant dollars went directly to organisations outside the US (France, United Kingdom, Gabon, Germany).
  • 11% of grant dollars went to intermediaries that regrant to other organisations.

Grants

10,331 grants in the latest filing analysed · median $550

How much do they typically give?

Share of 10,331 grants in tax year 2024 by size

Under $1k60%
$1k–$2.5k25%
$2.5k–$5k6%
$5k–$10k3%
$10k–$25k2%
$25k–$50k<1%
$50k–$100k<1%
$100k–$250k2%
$250k–$500k1%
$500k–$1M1%
$1M and over<1%

Median $550 (tax year 2024)

The largest grants to organisations in the foundation’s latest filing:

  • Aspen Institute · In support of neighborhood revitalization
    $4,635,0002024 tax year
  • Chicago Community Foundation · In support of neighborhood revitalization
    $4,225,0002024 tax year
  • Community Development Finance Association · In support of underserved small business expansion
    $2,592,5892024 tax year
  • Amalgamated Charitable Foundation · In support of neighborhood revitalization
    $2,210,0002024 tax year
  • Local Initiatives Support Corporation · In support of neighborhood revitalization
    $2,075,2502024 tax year
  • Urban Institute · In support of neighborhood revitalization
    $1,982,0002024 tax year
  • Fair4All Finance · In support of financial health
    $1,912,2212024 tax year
  • Generation You Employed · In support of creating economic mobility and career pathways
    $1,836,2642024 tax year

Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.

Officers and directors

  • Sarah Willis - Resigned April 2024 — Vice President
  • Abigail Suarez — Vice President
  • Allen Fernandez Smith — Vice President
  • Shaolee Sen — Vice President
  • Daniel Okonkwo — Vice President
  • Matthew Muench — Vice President
  • Rodolfo Lozano — Vice President
  • Roma Kaundal — Vice President
  • Rita German — Vice President
  • Vanessa Engel — Vice President
  • Charles Corrigan — Vice President
  • Elsa Chin — Vice President
  • Maneesha Chadha — Vice President
  • Hanka Boldemann — Vice President
  • Jennie Sparandara — Senior Vice President
  • Julie Slama - Resigned May 2024 — Senior Vice President
  • Courtney Hodapp — Senior Vice President
  • Hang Ho — Senior Vice President
  • Seth Grossman — Secretary
  • Tim Kellogg — Assistant Treasurer

and 5 more

From the latest Form 990-PF filing

3 years of tax filings

YearTotal expensesGrants paidAssetsFiling document
2022 tax year$203,162,165$214,110,999$490,151,596Filing for 2022 tax year
2023 tax year$194,953,574$220,800,652$442,059,290Filing for 2023 tax year
2024 tax year$205,392,706$202,504,945$1,219,377,637Filing for 2024 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.

Sources

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