Nonprofit · EIN 47-4407203
THE JAIN FAMILY INSTITUTE
Tax-exempt · NEW YORK, NY 10013
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,330,418 | $5,374,057 | -$43,639 | $764,346 | $532,525 | $231,821 |
| December 31, 2023 | 990 | $5,847,424 | $5,735,274 | $112,150 | $1,042,629 | $782,316 | $260,313 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,014,715
- Program service revenue
- $305,587
- Investment income
- $7,401
- Net gain from sales of assets
- $4,043
- Other revenue
- $2,715
Expenses
- Grants and similar amounts paid
- $17,500
- Compensation of officers, directors and key employees
- $704,197
- Other salaries and wages
- $1,937,219
- Salaries, compensation and benefits (total)
- $3,286,017
- Professional fundraising fees
- $6,000
- Legal fees
- $24,169
- Accounting fees
- $120,147
- Occupancy
- $264,782
- Travel
- $86,118
- Depreciation
- $26,973
- Program services (functional)
- $4,192,886
- Management and general (functional)
- $787,289
- Fundraising (functional)
- $393,882
Balance sheet and other
- Total assets, start of year
- $1,042,629
- Total assets, end of year
- $764,346
- Total liabilities, end of year
- $532,525
- Net assets, end of year
- $231,821
- Land, buildings and equipment
- $2,548
- Publicly traded securities
- $38,572
- Net assets without donor restrictions
- -$791,220
- Net assets with donor restrictions
- $1,023,041
- Gross receipts
- $5,395,930
- Employees
- 34
- Volunteers
- 2
- Year formed
- 2015
- State of legal domicile
- DE
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL B STYNES | CEO & DIRECTOR Trustee or director, Officer | 41 | $213,500 | $40,893 |
| JEROME HODGES | CHIEF RESEARCH OFFICER Key employee | 40 | $212,672 | $40,873 |
| MOLLY DEKTAR | EDITORIAL DIRECTOR Highest-paid employee | 40 | $155,115 | $58,209 |
| ALEXANDER JACOBS | CHIEF OPERATING OFFICER Officer | 40 | $165,838 | $30,421 |
| NOLAN LINDQUIST - EXECUTIVE | DIR. CENTER FOR ACTIVE STEWARDSHIP Highest-paid employee | 40 | $137,989 | $24,847 |
| SIDHYA BALAKRISHNAN | DIRECTOR OF RESEARCH THRU 11/2024 Highest-paid employee | 40 | $136,171 | $21,831 |
| PAUL KATZ | LEAD RESEARCHER Highest-paid employee | 40 | $123,744 | $25,017 |
| ROBERT GROSS | EDITOR, PHENOMENAL WORLD Highest-paid employee | 40 | $119,344 | $16,827 |
| ROBERT JAIN | PRESIDENT/CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| CAROLA JAIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL B STYNES | CEO & DIRECTOR Trustee or director, Officer | 41 | $205,552 | $35,528 |
| JEROME HODGES | CHIEF RESEARCH OFFICER Key employee | 40 | $204,703 | $36,163 |
| MOLLY DEKTAR | EDITORIAL DIRECTOR Highest-paid employee | 40 | $149,238 | $41,851 |
| ALEXANDER JACOBS | CHIEF OPERATING OFFICER Officer | 40 | $157,925 | $25,325 |
| NOLAN LINDQUIST | EXECUTIVE DIR. FOR ACTIVE STEWARDSHIP Highest-paid employee | 40 | $144,075 | $21,796 |
| SIDHYA BALAKRISHNAN | DIRECTOR OF RESEARCH Highest-paid employee | 40 | $149,202 | $12,521 |
| LAURA BEAMER | LEAD RESEARCHER Highest-paid employee | 40 | $111,846 | $24,405 |
| PAUL KATZ | LEAD RESEARCHER Highest-paid employee | 40 | $107,669 | $20,153 |
| ROBERT JAIN | PRESIDENT/CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| CAROLA JAIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 171 CANAL STREET 4TH FLOOR, NEW YORK, NY 10013-4512
- In care of
- % ALEXANDER JACOBS
- Principal officer (990 for 2024)
- MICHAEL STYNES, 568 BROADWAY 601, NEW YORK, NY 10012
- Signed the 990
- MICHAEL STYNES, CEO & DIRECTOR
- Phone
- (917) 488-3995
- Website
- WWW.JAINFAMILYINSTITUTE.ORG
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
THE JAIN FAMILY INSTITUTE (JFI) IS AN APPLIED RESEARCH ORGANIZATION WHOSE MISSION IS TO APPLY THE INSTRUMENTS AND FRAMEWORKS OF FINANCE TO ISSUES OF GLOBAL POLICY CONCERN. WORKING TO UNDERSTAND AND COORDINATE INTERNATIONAL CHANNELS OF STATE AND PRIVATE RESOURCES, JFI APPLIES ITS DATA, MODELING, AND SIMULATION TOOLS TO THE BIGGEST CHALLENGES OF OUR TIME.
Program accomplishments
- PHENOMENAL WORLD, A FREELY AVAILABLE, TRILINGUAL PUBLICATION DEVOTED TO RIGOROUS AND INNOVATIVE WRITING ON ECONOMICS, HISTORY, FINANCE, POLICY, AND POLITICS.Expenses $919,663
- FINANCING THE ENERGY TRANSITION (FETI), A RESEARCH INITIATIVE SUPPORTING GOVERNMENTS AND INVESTORS AROUND THE GLOBE WITH THE TECHNICAL ASSISTANCE, MODELING, AND FINANCIAL STRUCTURING NEEDED FOR A JUST GREEN TRANSITION.Expenses $857,048
- SOCIAL WEALTH, AN INITIATIVE HELPING GOVERNMENTS STRUCTURE AND INVEST POOLS OF PUBLIC CAPITAL IN ORDER TO PRESERVE SHARED WEALTH WHILE CATALYZING INCLUSIVE AND SUSTAINABLE ECONOMIC GROWTH.Expenses $513,749
- THE INSTITUTE'S FURTHER LEGACY PROGRAMS INCLUDE: GUARANTEED INCOME, HIGHER EDUCATION FINANCE, AI FOR THE PUBLIC GOOD & THE CENTER FOR ACTIVE STEWARDSHIP, FOCUSED ON THE RELATIONSHIP BETWEEN THE ASSET MANAGEMENT INDUSTRY AND PRIVATE SECTOR ACTION ON CLIMATE CHANGE.Expenses $1,902,426 · grants $17,500 · revenue $305,587
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-4407203
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B80)
- Assets (IRS master file)
- $764,346
- Income (IRS master file)
- $5,395,930
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,330,418 | $5,374,057 | $764,346 | XML |
| 990 | December 2023 | $5,847,424 | $5,735,274 | $1,042,629 | XML |
| 990 | December 2022 | $5,246,560 | $6,157,170 | $1,293,147 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 47-4407203).
Questions about THE JAIN FAMILY INSTITUTE
- What is the EIN of THE JAIN FAMILY INSTITUTE?
- The employer identification number (EIN) of THE JAIN FAMILY INSTITUTE is 47-4407203.
- Is THE JAIN FAMILY INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to THE JAIN FAMILY INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE JAIN FAMILY INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE JAIN FAMILY INSTITUTE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE JAIN FAMILY INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE JAIN FAMILY INSTITUTE?
- The 990 for the year ended December 31, 2024 names MICHAEL STYNES.
- Who are the officers and directors of THE JAIN FAMILY INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 10 people; 8 received compensation from the organization, the highest $213,500 (MICHAEL B STYNES, CEO & DIRECTOR).
- How much revenue does THE JAIN FAMILY INSTITUTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,330,418, expenses of $5,374,057 and total assets of $764,346 at year end.
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