Jephson Educational Trust #1
Preselected recipients only
Jephson Educational Trust #1 is a private foundation in Chicago, Illinois. In tax year 2025 it gave $253,900 in 22 grants; the typical grant was $5,000 and the largest $50,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$253,900
- Number of grants22
- Typical grant$5,000
- Largest grant$50,000
- Assets$6.7 million
- New grantees27%
Giving in 2025 was up from $237,000 the year before.
27% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $243,510 | 19 | $5.8 million |
| 2024 | $237,000 | 24 | $6.2 million |
| 2025 | $253,900 | 22 | $6.7 million |
How to apply
Jephson Educational Trust #1 says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Jephson Educational Trust #1 funds
Where it gives
Its grants went to recipients in 13 states, the most to New York.
| State | Grants | Amount |
|---|---|---|
| New York | 7 | $110,000 |
| Massachusetts | 2 | $37,000 |
| Kentucky | 2 | $35,000 |
| Vermont | 2 | $17,500 |
| Michigan | 1 | $15,000 |
| Illinois | 1 | $5,000 |
| Maryland | 1 | $5,000 |
| North Carolina | 1 | $5,000 |
| Nebraska | 1 | $5,000 |
| Pennsylvania | 1 | $5,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Elmira College | Scholarship | $50,000 |
| Alice Lloyd College | Scholarship | $30,000 |
| Berklee College of Music | Scholarship | $25,000 |
| Cornell University | Scholarship | $20,000 |
| Manhattan School of Music | Scholarship | $15,000 |
| Interlochen Center for the Arts | Scholarship | $15,000 |
| Vermont Law School | Scholarship | $12,500 |
| University of Massachusetts Amhers Foundation Inc | Scholarship | $12,000 |
| Marymount Manhattan College | Scholarship | $10,000 |
| Johns Hopkins University | Scholarship | $5,000 |
| Champlain College | Scholarship | $5,000 |
| Adelphi University | Scholarship | $5,000 |
| Colgate University | General | $5,000 |
| St Lawrence University | Scholarship | $5,000 |
| Lafayette College | Scholarship | $5,000 |
| Elmhurst College | Scholarship | $5,000 |
| Beloit College | General | $5,000 |
| Bellevue University | Scholarship | $5,000 |
| University of North Carolina School of the Arts Foundation Inc | General | $5,000 |
| Berea College | Scholarship | $5,000 |
| Belmont University | Scholarship | $5,000 |
| Sacred Heart University | Scholarship | $4,400 |
Officers and trustees
- JP Morgan Chase Bank NA
- John F Parkin
- Robert D Taisey
- Robert Scott Johnston
Questions people ask
Does Jephson Educational Trust #1 accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Jephson Educational Trust #1 give?
$253,900 in tax year 2025, across 22 grants, with a typical grant of $5,000.
Who runs Jephson Educational Trust #1?
Its 2025 filing lists JP Morgan Chase Bank NA (Trustee), John F Parkin (Co-Trustee), Robert D Taisey (Co-Trustee) and Robert Scott Johnston (Co-Trustee).
What does Jephson Educational Trust #1 fund?
Based on its grants, mainly education and arts and culture.