Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Charles Edison Fund is a private corporation based in NEWARK, NJ. The foundation received its IRS ruling in 1952. It holds total assets of $11.1M. Annual income is reported at $6.5M. Total assets have decreased from $15M in 2011 to $11.8M in 2023. The foundation is governed by 10 officers and trustees. Teaching kits program - since inception - 70,000 kits distributed, 30 million students, 82 experiments, grades 2 through 9. Tax records are available from 2016 to 2023. According to available records, Charles Edison Fund has made 2 grants totaling $1.5M, with a median grant of $727K. The foundation has distributed between $661K and $793K annually from 2022 to 2023. Individual grants have ranged from $661K to $793K, with an average award of $727K. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
Teaching kits program - since inception - 70,000 kits distributed, 30 million students, 82 experiments, grades 2 through 9
Artifacts and museums - 57 museums, over 8,300 artifacts
For a more detailed description for all the direct charitable activities see attached summary
Teaching kits program - since inception - 70,000 kits distributed, 30 million students, 82 experiments, grades 2 through 9. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NJ.
Charles Edison Fund has distributed a total of $1.5M across 2 grants. The median grant size is $727K, with an average of $727K. Individual grants have ranged from $661K to $793K.
For information about applying for grants from Charles Edison Fund, visit their official website. Many private foundations accept unsolicited proposals or have specific application windows.
Charles Edison Fund is headquartered in NEWARK, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| J Keegan | Pres. TREA. TRT | $223K | $99K | $322K |
| L Lalicata | CURATOR | $115K | $46K | $161K |
| T Ungerland | (3)Chair-Truste | $55K | $5K | $60K |
| J Schullinger | Trtee CO CHAIR | $46K | $0 | $46K |
| J O'Shea | Trustee/Chair | $39K | $0 | $39K |
| George Keegan | Trustee/CONSULT | $25K | $0 | $25K |
| T Smoot | Trustee/Comm | $14K | $0 | $14K |
| Wade Knowles | Trustee/Comm | $14K | $0 | $14K |
| Jack Howley | Trustee | $14K | $0 | $14K |
| Jennifer Gonring Alpin | Trustee/Comm | $14K | $0 | $14K |
Total Giving
$2.4M
Total Assets
$11.8M
Fair Market Value
$17.3M
Net Worth
$11.1M
Grants Paid
$661K
Contributions
N/A
Net Investment Income
$544K
Distribution Amount
$773K
Total: $10.7M
Total Grants
2
Total Giving
$1.5M
Average Grant
$727K
Median Grant
$727K
Unique Recipients
1
Most Common Grant
$793K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Schedule AttachedSEE SCHEDULE ATTACHED | Per Schedule, NJ | $661K | 2023 |