Joly Family Foundation

Organization Overview

Joly Family Foundation is located in Albany, NY. 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. Joly Family 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 12/2021, Joly Family Foundation generated $2.0m in total revenue. All expenses for the organization totaled $485.3k during the year ending 12/2021. While expenses have increased by 87.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $73
Dividends & Interest $77,007
Net Rental Income$0
Net Gain on Sale of Assets $1,911,324
Capital Gain Net Income $1,911,322
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,988,404

Grants Awarded

Over the last fiscal year, Joly Family Foundation has awarded $472,500 in support to 2 organizations.

Grant RecipientAmount

MINNEAPOLIS INSTITUTE OF ART

PURPOSE: FOR DONEE'S EXEMPT PURPOSE

$375,000

FRIENDS OF HEC INC

Org PageRecipient Profile

New York, NY

PURPOSE: FOR DONEE'S EXEMPT PURPOSE

$97,500
View Grant Profile

Peer Organizations

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