The JPB Foundation

The JPB Foundation

The JPB Foundation was created in 2011 by Barbara Picower using capital from her late husband Jeffry M. Picower's investment activities. Its initial mandate covered poverty reduction, environmental protection, and biomedical research. The foundation has since expanded its scope to include democracy and community power-building initiatives. Grant deployment spans public equities, real estate funds, and venture capital. Confirmed holdings include positions in the Invesco S&P 500 Equal Weight ETF, SPDR S&P 500 ETF Trust and General Atlantic 2020 Fund. The foundation also maintains exposure to Blackstone Real Estate Fund and Walton Street Real Estate Fund VIII LP. Activity is concentrated in the United States with additional international equity and debt allocations. The organization lists five investment advisors and legal counsel. It participates in The Funders Network, P150, and the Impact-Driven Philanthropy Collaborative. No operational events from the last 24 months appear in available records. Governance centers on a small board with Barbara Picower as chair and Deepak Bhargava as president. Investment decisions route through CIO Gerald McNamara with support from external advisors at Rockefeller Philanthropy Advisors and Arabella Advisors.