Julep’s Nonprofit Glossary

-J-

Jeopardy Investment: An investment that risks the foundation’s ability to carry out its exempt purposes. Although certain types of investments are subject to careful examination, no single type is automatically a jeopardy investment. Generally, a jeopardy investment is found to be made when a foundation’s managers have failed to exercise ordinary business care and prudence. The result of a jeopardy investment may be penalty taxes imposed upon a foundation and its managers. See Program Related Investment.

Justice: The principle of moral or ideal rightness; conformity to the law; the abstract principle by which right and wrong are defined.

Joint-funding: A grant project supported by more than one donor