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Nonprofit · EIN 82-3764755

JGM FOUNDATION

Tax-exempt · FRANKFORT, IL 60423

Financials

$186K$130K2024
Revenue Expenses · by fiscal year end
Financials of JGM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-PF$186,205$129,507$56,698$2,002,535$0$2,002,535
Financial details: 990-PF for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$39,200
Net gain from sales of assets
$146,698
Other income
$307

Expenses

Grants and similar amounts paid
$108,966
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$109,174
Excise tax on investment income
$2,384

Balance sheet and other

Total assets, start of year
$1,945,837
Total assets, end of year
$2,002,535
Total liabilities, end of year
$0
Net assets, end of year
$2,002,535
Fair market value of assets
$2,729,053
Qualifying distributions
$109,174
Net investment income
$186,205

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CAROLINE MAYNARD
20940 S FRANKFORT SQ RD, FRANKFORT, IL 60423
VICE PRESIDENT0$0
TRACY SILVER
20940 S FRANKFORT SQ RD, FRANKFORT, IL 60423
PRESIDENT & SECRETARY0$0
ELLIOTT M FRIEDMAN
20940 S FRANKFORT SQ RD, FRANKFORT, IL 60423
TREASURER0$0

Address and contacts

Address (IRS master file)
20940 S FRANKFORT SQ RD, FRANKFORT, IL 60423-8123
In care of
% ELLIOTT FRIEDMAN
Signed the 990-PF
TRACY SILVER, PRESIDENT
Phone
(708) 799-6800
Return prepared by
FRIEDMAN & HUEY ASSOC LLP

What it must file and when

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-PF on file
2023June 30, 2024November 15, 2024990-PF on file

IRS record

EIN
82-3764755
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
2018
Accounting year ends
June
Files
Form 990-PF
Assets (IRS master file)
$2,002,535
Income (IRS master file)
$616,701

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJune 2025–––IRS
990-PFJune 2024$307,564$109,850$1,945,837IRS
990-PFJune 2023–––IRS
990-PFJune 2022–––IRS
990-PFJune 2021–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about JGM FOUNDATION

What is the EIN of JGM FOUNDATION?
The employer identification number (EIN) of JGM FOUNDATION is 82-3764755.
Is JGM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to JGM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JGM FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of JGM FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JGM FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended June 2025.
Who are the officers and directors of JGM FOUNDATION?
The 990-PF for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does JGM FOUNDATION have?
On its 990-PF for the year ended June 30, 2025 it reported revenue of $186,205, expenses of $129,507 and total assets of $2,002,535 at year end.

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