Edward Fein Charitable Trust P76693004

Quick Stats

• Annual Giving: $3.88 million (2024 charitable disbursements)
• Net Assets: $187.3 million (2024)
• Grant Range: Varies - includes major gifts (e.g., $100M to UCSF)
• Geographic Focus: Not publicly specified
• Application Process: No public application process - trustee-directed grants

Contact Details

Trustee: JP Morgan Chase Bank
Address: 10 S Dearborn, Chicago, IL 60603
EIN: 36-7792987
Tax-Exempt Status: Granted April 2024

The trust does not maintain a public-facing website or published contact information for grant inquiries.

Overview

The Edward Fein Charitable Trust P76693004 is a private independent foundation established to honor the philanthropic legacy of Edward and Pearl Fein. Edward Fein was a Brooklyn-born stockbroker and financial analyst who retired from Wall Street in 1972 and dedicated himself to philanthropy, particularly supporting medical research. The trust received tax-exempt status in April 2024 and is managed by JP Morgan Chase Bank as trustee, which oversees grant-making decisions. With net assets of $187.3 million and annual charitable disbursements of approximately $3.88 million, the trust has demonstrated significant philanthropic capacity, most notably through a $100 million transformational gift to UCSF's Memory and Aging Center in 2025. The foundation's primary focus appears to be medical research, with a particular emphasis on dementia, Alzheimer's disease, and brain aging research.

Funding Priorities

Primary Focus Areas

• Medical Research: Particularly dementia, Alzheimer's disease, and neurodegenerative conditions
• Brain Aging and Memory Research: Supporting scientific advancement in understanding and treating cognitive decline
• Healthcare Institutions: Support for academic medical centers conducting cutting-edge research

Known Grant Activities

The trust has supported:

• UCSF Memory and Aging Center (now the Edward and Pearl Fein Memory and Aging Center) - $100 million naming gift (2025)
• Dr. Gil Rabinovici's research at UCSF evaluating advanced brain scans for Alzheimer's patient care and treatment development (supported since 2015)

What They Don't Fund

Public information about exclusions is not available. As a trustee-directed foundation, grant decisions are made at the discretion of JP Morgan Chase Bank as trustee.

Governance and Leadership

Trustee: JP Morgan Chase Bank
Compensation: $753,581 (2024) - representing 17% of total expenses

JP Morgan Chase Bank serves as the sole trustee of the Edward Fein Charitable Trust, exercising complete discretion over grant-making decisions and investment management. The bank's philanthropic services division manages nearly 10,000 grant requests annually across hundreds of foundations and distributes over $340 million in grants per year.

The trust was established to fulfill Edward and Pearl Fein's desire to "leave a lasting legacy that would advance dementia research and care," according to UCSF announcements about their major gift.

Application Process & Timeline

How to Apply

This funder does not have a public application process.

The Edward Fein Charitable Trust operates as a trustee-directed private foundation. Grant decisions are made by JP Morgan Chase Bank as trustee, without accepting unsolicited applications from organizations. The trust identifies and selects grant recipients through the trustee's discretion, often based on established relationships and strategic philanthropic priorities aligned with the Fein family's legacy interests.

Financial Information (2024)

• Total Revenue: $35.2 million
  • Contributions: $25.7M (73.2%)
  • Dividend revenue: $6.5M (18.6%)
  • Asset sales: $2.9M (8.3%)
• Total Expenses: $4.42 million
  • Charitable disbursements: $3.88M (87.8%)
  • Trustee compensation: $753,581 (17.0%)
• Net Assets: $187.3 million
• Liabilities: $0

Application Success Factors

Given the trustee-directed nature of this foundation, there is no traditional application success guidance. However, the trust's documented giving provides insights:

Demonstrated Priorities:

• Long-term Relationships: The Fein family supported Dr. Gil Rabinovici's UCSF research since 2015 before making the major $100 million gift in 2025, suggesting relationship-building over time is valued
• Personal Connection: Edward Fein received care at UCSF's Memory and Aging Center "for about a decade at the end of his life," and this personal experience influenced the major gift
• Unrestricted Support: The $100 million UCSF gift "comes without restrictions," indicating trust in recipient organizations to use funds where most needed
• Transformational Impact: The UCSF gift represented "the first gift to name a UCSF division," suggesting interest in landmark, legacy-defining contributions
• Medical Research Excellence: Support targets cutting-edge research at premier academic medical centers

Quote from UCSF Leadership: Regarding the gift, UCSF noted that Edward Fein "appreciated the dedicated care he received from UCSF in his later years" and he and Pearl "desired to leave a lasting legacy that would advance dementia research and care."

Key Takeaways for Grant Writers

• No Public Application Available: This trust does not accept unsolicited proposals. Grants are made at trustee discretion through JP Morgan Chase Bank.
• Focus on Medical Research: Demonstrated commitment to dementia, Alzheimer's, and brain aging research, particularly at leading academic medical centers.
• Relationship-Driven: The documented UCSF support began in 2015 and grew into a $100 million gift, suggesting long-term relationship building may be a pathway.
• Large-Scale Impact: Capable of transformational gifts ($100M) while also maintaining steady annual giving ($3.88M in charitable disbursements).
• Unrestricted Support Philosophy: The major UCSF gift came without restrictions, indicating trust in institutional leadership to allocate funds effectively.
• Personal Connection Matters: Edward Fein's personal experience as a patient at UCSF influenced the philanthropic decision, suggesting personal connections and experiences may inform grant-making.
• Trustee-Managed: All decisions flow through JP Morgan Chase Bank's philanthropic services division, which manages the trust according to the Fein family's philanthropic vision.

References

1. ProPublica Nonprofit Explorer - Edward Fein Charitable Trust Profile - Accessed December 23, 2025
2. UCSF News: "$100 Million Gift Will Advance UCSF's Dementia Research and Care" - November 21, 2025
3. SF Chronicle: "UCSF receives $100 million gift to boost dementia care" - Accessed December 23, 2025
4. Yahoo News: "UCSF gets 'transformative' $100M gift for research on memory, aging and Alzheimer's" - Accessed December 23, 2025
5. JP Morgan Private Bank: Philanthropy and Grants Management Services - Accessed December 23, 2025
6. UCSF Chancellor's Office: "Gift to Support the Memory and Aging Center" - Accessed December 23, 2025