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Atlantic Foundation is a private corporation based in HAMILTON, NJ. The foundation received its IRS ruling in 1964. It holds total assets of $34M. Annual income is reported at $28.4M. Total assets have decreased from $61.8M in 2011 to $34M in 2024. The foundation is governed by 2 officers and trustees. Support of Grounds For Sculpture relating top the operations of a sculpture park open to the public. Activities include public tours, membership and admissions programs, various sculpture related events, childrens' programs, artists' lectures and viewing of artwork. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in New Jersey, New York and Massachusetts. According to available records, Atlantic Foundation has made 29 grants totaling $26.6M, with a median grant of $100K. Annual giving has grown from $6.8M in 2022 to $19.8M in 2023. Individual grants have ranged from $2K to $14.8M, with an average award of $918K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in New Jersey, New York, District of Columbia, which account for 52% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$100K
Average Grant
$452K
Largest Grant
$2.8M
Based on 16 grants from the most recent 990-PF filing.
Support of Grounds For Sculpture relating top the operations of a sculpture park open to the public. Activities include public tours, membership and admissions programs, various sculpture related events, childrens' programs, artists' lectures and viewing of artwork.
Expenses: $103K
Support of The Seward Johnson Atelier, a nonprofit organization formed for the purpose of enhancing public awareness pertaining to the appreciation of sculpture through the production of several exhibitions throughout the world and the acquisition of sculpture to display and educate the general puvblic in the arts.
Expenses: $271K
Support of Grounds For Sculpture relating top the operations of a sculpture park open to the public. Activities include public tours, membership and admissions programs, various sculpture related events, childrens' programs, artists' lectures and viewing of artwork. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in NJ, NY, DC.
Atlantic Foundation has distributed a total of $26.6M across 29 grants. The median grant size is $100K, with an average of $918K. Individual grants have ranged from $2K to $14.8M.
Atlantic Foundation typically selects its grantees rather than accepting unsolicited proposals.
Atlantic Foundation is headquartered in HAMILTON, NJ. While based in NJ, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Greenleaf | TREASURER | $41K | $0 | $41K |
| John S Johnson Iii | CEO | $10K | $0 | $10K |
Total Giving
N/A
Total Assets
$34M
Fair Market Value
N/A
Net Worth
$33.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
29
Total Giving
$26.6M
Average Grant
$918K
Median Grant
$100K
Unique Recipients
24
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Seward Johnson Atelier IncGENERAL OPERATING SUPPORT | Hamilton, NJ | $1.9M | 2023 |
| Grounds For Sculpture IncGENERAL OPERATING SUPPORT | Hamilton, NJ | $14.8M | 2023 |
| Harmony InstituteGENERAL OPERATING SUPPORT | New York, NY | $1.8M | 2023 |
| Eyebeam AtelierGENERAL OPERATING SUPPORT | New York, NY | $550K | 2023 |
| Amigos De Costa RicaGENERAL OPERATING SUPPORT | Washington, DC | $195K | 2023 |
| Screenwriters ColonyGENERAL OPERATING SUPPORT | New York, NY | $112K | 2023 |
| Room To GrowGENERAL OPERATING SUPPORT | Bronx, NY | $100K | 2023 |
| Aso Centro Latam Investig PeriodGENERAL OPERATING SUPPORT | — | $80K | 2023 |
| Represent Us Education FundGENERAL OPERATING SUPPORT | Florence, MA | $75K | 2023 |
| Sakyong PotrangGENERAL OPERATING SUPPORT | Boulder, CO | $60K | 2023 |
| Almanack Arts ColonyGENERAL OPERATING SUPPORT | Nantucket, MA | $50K | 2023 |
| D&R Greenway Land TrustGENERAL OPERATING SUPPORT | Princeton, NJ | $10K | 2023 |
| Hopewell Presbyterian ChurchGENERAL OPERATING SUPPORT | Hopewell, NJ | $10K | 2023 |
| The Seward Johnson Atelier IncGENERAL OPERATING SUPPORT | Hamilton, NJ | $2.3M | 2022 |
| Impact AssetsGENERAL OPERATING SUPPORT | Bethesda, MD | $202K | 2022 |
| Amigos Of Costa RicaGENERAL OPERATING SUPPORT | Washington, DC | $180K | 2022 |
| Centro Latinoamericano De Investigacion PeriodisticaGENERAL OPERATING SUPPORT | Nicoya Guanacaste | $100K | 2022 |
| University Of ArizonaSEMA LAB | Tucson, AZ | $100K | 2022 |
| Shambala UsaGENERAL OPERATING SUPPORT | Barnet, VT | $85K | 2022 |
| Almanac Arts ColonyGENERAL OPERATING SUPPORT | Nantucket, MA | $75K | 2022 |
| The Sustainable Food AllianceGENERALOPERATING SUPPORT | Allentown, PA | $15K | 2022 |
| Shinzen Young FoundationGENERAL OPERATING SUPPORT | Milord, OH | $15K | 2022 |
| Happy BrewCAPITAL CAMPAIGN | Jacksonville, FL | $10K | 2022 |
| International Documentary FoundationSUPPORT OF FILM VANDANA SHIVA | Los Angeles, CA | $2K | 2022 |