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Grant Guidelines

Jeremiah Milbank created The JM Foundation in 1924. He was an ardent believer in individual liberty, limited government, and free markets.

The Foundationís current priorities include:

  • supporting education and research that fosters market-based policy solutions, especially at state think tanks.

  • developing state and national organizations that promote free enterprise, entrepreneurship, and private initiative

  • identifying and educating young leaders

To be eligible for funding by the Foundation, an organization must be located in the United States and tax-exempt under the U.S. Internal Revenue Code. The Foundation cannot provide grants to individuals. As a general rule, the Foundation does not provide annual funding.


The JM Foundation accepts unsolicited inquiries and proposals only by regular mail. Unless requested, please do not send by fax, email, or overnight mail.

The Foundationís Board of Directors meets bi-annually, usually in May and October. There are no formal proposal deadlines. Inquiries and proposals are processed on an ongoing basis.

The Foundation does not have a formal grant application. If you believe your organization fits the Foundationís priority interests, mail a brief letter or proposal in business letter format that explains the organizationís mission and the project for which you seek funding. The Foundationís staff will respond to your correspondence by mail within four weeks. Because of time constraints, the staff cannot respond to inquiries about declined proposals.

Please direct all funding inquiries and proposals to:

Carl Helstrom, Executive Director
The JM Foundation
116 Village Boulevard
Suite 200
Princeton, NJ 08540

Applicants may be contacted for additional information, such as annual reports, organization and project budgets, audited financial statements, donor and member lists, and tax-exemption letters. Please do not send CDs, DVDs, computer disks, or audio- or videotapes, unless requested.


Proposals for the following are rarely approved:

  • annual appeals, dinner events, and direct mail solicitations
  • arts, music, or theater
  • building funds, capital campaigns, or renovations
  • equipment, including computers and biomedical devices
  • endowments or general operating funds
  • government or quasi-government entities, including public schools
  • individual financial assistance or scholarships
  • international projects
  • multi-year grants
  • political causes, candidates, campaigns, or direct lobbying
  • organizations lacking tax-exempt status