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Nonprofit · EIN 41-6035163

JEROME FOUNDATION INC

Tax-exempt · SAINT PAUL, MN 55114

Financials

$15.4M$10M2023$12.6M$5.2M2024$12.3M$10.9M2025
Revenue Expenses · by fiscal year end
Financials of JEROME FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2026990-PF$12,340,331$10,896,430$1,443,901$128,853,928$9,186,093$119,667,835
April 30, 2025990-PF$12,583,454$5,219,873$7,363,581$114,729,527$5,494,876$109,234,651
April 30, 2024990-PF$15,353,783$9,982,327$5,371,456$113,178,200$7,925,463$105,252,737
Financial details: 990-PF for the year ended April 30, 2026

Revenue

Dividends
$3,636,334
Net gain from sales of assets
$8,677,289
Other income
$26,708

Expenses

Grants and similar amounts paid
$8,820,513
Compensation of officers, directors and key employees
$416,579
Salaries, compensation and benefits (total)
$328,617
Disbursements for charitable purposes
$6,832,205
Excise tax on investment income
$161,962

Balance sheet and other

Total assets, start of year
$114,729,527
Total assets, end of year
$128,853,928
Total liabilities, end of year
$9,186,093
Net assets, end of year
$119,667,835
Fair market value of assets
$128,853,928
Qualifying distributions
$6,832,205
Net investment income
$12,316,031

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended April 30, 2026, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Eleanor Savage
550 Vandalia Street No 109, Saint Paul, MN 55114
President & CEO50$337,170$79,409
Melissa Levin
550 Vandalia Street No 109, Saint Paul, MN 55114
Program Officer
Highest-paid employee
40$103,071$35,175
Andrea Brown
550 Vandalia Street No 109, Saint Paul, MN 55114
Grants and Operation
Highest-paid employee
40$100,416$25,370
Truc Anh Kieu
550 Vandalia Street No 109, Saint Paul, MN 55114
Program Officer
Highest-paid employee
40$88,801$22,013
Lori Pourier
550 Vandalia Street No 109, Saint Paul, MN 55114
Co-Chair3.5$0$0
Sanjit Sethi
550 Vandalia Street No 109, Saint Paul, MN 55114
Co-Chair3.5$0$0
Daniel Alexander Jones
550 Vandalia Street No 109, Saint Paul, MN 55114
Vice Chair2$0$0
Kate Barr
550 Vandalia Street No 109, Saint Paul, MN 55114
Secretary2$0$0
Rick Scott
550 Vandalia Street No 109, Saint Paul, MN 55114
Treasurer3.5$0$0
Salome Asega
550 Vandalia Street No 109, Saint Paul, MN 55114
Director1$0$0
Dr Kate Beane
550 Vandalia Street No 109, Saint Paul, MN 55114
Director1$0$0
Sarah Bellamy
550 Vandalia Street No 109, Saint Paul, MN 55114
Director1$0$0
Helga Davis
550 Vandalia Street No 109, Saint Paul, MN 55114
Director2$0$0
Janet Wong
550 Vandalia Street No 109, Saint Paul, MN 55114
Director1$0$0
990-PF for the year ended April 30, 2025: 16 people
NameTitleHours / weekCompensationOther / benefits
Eleanor Savage
550 Vandalia Street No 109, Saint Paul, MN 55114
President & CEO50$330,009$64,143
Melissa Levin
550 Vandalia Street No 109, Saint Paul, MN 55114
Program Officer
Highest-paid employee
40$98,530$26,384
Andrea Brown
550 Vandalia Street No 109, Saint Paul, MN 55114
Finance and Operatio
Highest-paid employee
40$98,362$20,209
Truc Anh Kieu
550 Vandalia Street No 109, Saint Paul, MN 55114
Program Officer
Highest-paid employee
40$88,952$20,216
Kristen Marx
550 Vandalia Street No 109, Saint Paul, MN 55114
Program Officer
Highest-paid employee
40$63,519$8,609
Kate Barr
550 Vandalia Street No 109, Saint Paul, MN 55114
Chair3.5$0$0
Daniel Alexander Jones
550 Vandalia Street No 109, Saint Paul, MN 55114
Vice Chair2$0$0
Richard Scott
550 Vandalia Street No 109, Saint Paul, MN 55114
Secretary & Treasurer3.5$0$0
Helga Davis
550 Vandalia Street No 109, Saint Paul, MN 55114
Director2$0$0
Lori Pourier
550 Vandalia Street No 109, Saint Paul, MN 55114
Director2$0$0
Sanjit Sethi
550 Vandalia Street No 109, Saint Paul, MN 55114
Director2$0$0
Sarah Bellamy
550 Vandalia Street No 109, Saint Paul, MN 55114
Director1$0$0
Thomas Lax Left Dec 2024
550 Vandalia Street No 109, Saint Paul, MN 55114
Director1$0$0
Salome Asega
550 Vandalia Street No 109, Saint Paul, MN 55114
Director1$0$0
Kate Beane
550 Vandalia Street No 109, Saint Paul, MN 55114
Director1$0$0
Janet Wong
550 Vandalia Street No 109, Saint Paul, MN 55114
Director1$0$0
990-PF for the year ended April 30, 2024: 14 people
NameTitleHours / weekCompensationOther / benefits
Eleanor Savage
550 Vandalia Street No 109, Saint Paul, MN 55114
President & CEO45$307,728$63,439
Ben Cameron
550 Vandalia Street No 109, Saint Paul, MN 55114
Former President and
Highest-paid employee
40$134,572$8,348
Andrea Brown
550 Vandalia Street No 109, Saint Paul, MN 55114
Finance and Operatio
Highest-paid employee
40$89,324$20,022
Melissa Levin
550 Vandalia Street No 109, Saint Paul, MN 55114
Program Officer
Highest-paid employee
40$80,435$17,528
Truc Anh Kieu
550 Vandalia Street No 109, Saint Paul, MN 55114
Program Officer
Highest-paid employee
40$55,139$11,991
Kristen Marx
550 Vandalia Street No 109, Saint Paul, MN 55114
Program Officer
Highest-paid employee
40$55,139$8,441
Kate Barr
550 Vandalia Street No 109, Saint Paul, MN 55114
Chair2$0$0
Daniel Alexander Jones
550 Vandalia Street No 109, Saint Paul, MN 55114
Vice Chair1.5$0$0
Richard Scott
550 Vandalia Street No 109, Saint Paul, MN 55114
Secretary & Treasurer1$0$0
Helga Davis
550 Vandalia Street No 109, Saint Paul, MN 55114
Director1$0$0
Lori Pourier
550 Vandalia Street No 109, Saint Paul, MN 55114
Director2$0$0
Sanjit Sethi
550 Vandalia Street No 109, Saint Paul, MN 55114
Director1$0$0
Sarah Bellamy
550 Vandalia Street No 109, Saint Paul, MN 55114
Director1$0$0
Thomas Lax
550 Vandalia Street No 109, Saint Paul, MN 55114
Director1$0$0

Address and contacts

Address (IRS master file)
550 VANDALIA ST STE 109, SAINT PAUL, MN 55114-1942
Signed the 990-PF
Eleanor Savage, President & CEO
Phone
(651) 224-9431
Return prepared by
Eide Bailly Advisory LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026990-PF on file
2024April 30, 2025September 15, 2025990-PF on file
2023April 30, 2024September 16, 2024990-PF on file

IRS record

EIN
41-6035163
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1964
Accounting year ends
April
Files
Form 990-PF
Assets (IRS master file)
$128,853,928
Income (IRS master file)
$44,184,343

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFApril 2026$12,340,331$10,896,430$128,853,928XML
990-TApril 2026–––IRS
990-PFApril 2025$12,583,454$5,219,873$114,729,527XML
990-TApril 2025–––IRS
990-PFApril 2024$15,353,783$9,982,327$113,178,200XML
990-TApril 2024–––IRS
990-PFApril 2023–––IRS
990-TApril 2023–––IRS
990-PFApril 2022–––IRS
990-TApril 2022–––IRS
990-PFApril 2021–––IRS
990-TApril 2021–––IRS
990-PFApril 2020–––IRS
990-PFApril 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-6035163).

Questions about JEROME FOUNDATION INC

What is the EIN of JEROME FOUNDATION INC?
The employer identification number (EIN) of JEROME FOUNDATION INC is 41-6035163.
Is JEROME FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
Are donations to JEROME FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JEROME FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of JEROME FOUNDATION INC due?
The return for tax year 2026 (the year ending April 30, 2027) is due September 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JEROME FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended April 2026.
Who are the officers and directors of JEROME FOUNDATION INC?
The 990-PF for the year ended April 30, 2026 lists 14 people; 4 received compensation from the organization, the highest $337,170 (Eleanor Savage, President & CEO).
How much revenue does JEROME FOUNDATION INC have?
On its 990-PF for the year ended April 30, 2026 it reported revenue of $12,340,331, expenses of $10,896,430 and total assets of $128,853,928 at year end.

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