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Profile Last Updated: 06/11/2020 Grant Information Last Updated: 07/09/2020

The JM Foundation

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Purpose and Activities

The foundation has a strong interest in educational activities which strengthen America's pluralistic system of free markets, entrepreneurship, and private enterprise. The foundation’s 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; and identifying and educating young leaders.


Incorporated in 1924 in NY - The first grants were made in 1925 and totaled $61,000. The foundation was one of Mr. Milbank's many efforts to serve humanity, especially the disadvantaged and persons with disabilities. He founded the first private rehabilitation center for the disabled in 1917 (now known as the ICD International Center for the Disabled), led the International Committee for the Study of Infantile Paralysis, and continued to augment grants made by the foundation with contributions of his own until his death in 1972. Mr. Milbank's philanthropic interests in medical research, health care, and people with disabilities are now carried on by the Milbank Foundation for Rehabilitation.


The JM Foundation

Family foundation




116 Village Blvd., Ste. 200 Princeton, NJ United States 08540-5700

Contact Information