The Jennison Charitable Foundation

Organization Overview

The Jennison Charitable Foundation is located in Boston, MA. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jennison Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Jennison Charitable Foundation generated $163.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.4%) each year. All expenses for the organization totaled $609.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Jennison Charitable Foundation has awarded 73 individual grants totaling $1,815,804. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO SUPPORT EDUCATION


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Board, Officers & Key Employees

Name (title)Compensation
Gary A Jennison
Trustee
$0
Carole Jennison
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $21
Dividends & Interest $215,533
Net Rental Income$0
Net Gain on Sale of Assets -$57,348
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $4,784
Total Revenue $162,990

Grants Awarded

Over the last fiscal year, The Jennison Charitable Foundation has awarded $577,754 in support to 14 organizations.

Grant RecipientAmount

JDRF INTERNATIONAL

PURPOSE: GENERAL CONTRIBUTION

$2,000

ST MARY'S CENTER INC

PURPOSE: GENERAL CONTRIBUTION

$5,000

PAN-MASSACHUSETTS CHALLENGE INC

PURPOSE: GENERAL CONTRIBUTION

$4,000

WILLIAMS COLLEGE

PURPOSE: GENERAL CONTRIBUTION

$3,000

NORTHEASTERN UNIVERSITY

PURPOSE: GENERAL CONTRIBUTION

$9,500

ELON UNIVERSITY

PURPOSE: GENERAL CONTRIBUTION

$22,000
View Grant Profile

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