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Foster-Karney Trust Fund is a private association based in OCEAN CITY, NJ. The foundation received its IRS ruling in 1988. It holds total assets of $3.5M. Annual income is reported at $1M. According to available records, Foster-Karney Trust Fund has made 70 grants totaling $577K, with a median grant of $6K. The foundation has distributed between $181K and $212K annually from 2021 to 2023. Individual grants have ranged from $1K to $25K, with an average award of $8K. The foundation has supported 33 unique organizations. Grants have been distributed to organizations in New Jersey and Pennsylvania. Contributions to this foundation are tax-deductible.
Foster-Karney Trust Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 70 grants. Its grantmaking reaches organizations primarily in NJ, PA.
Foster-Karney Trust Fund has distributed a total of $577K across 70 grants. The median grant size is $6K, with an average of $8K. Individual grants have ranged from $1K to $25K.
Foster-Karney Trust Fund typically selects its grantees rather than accepting unsolicited proposals.
Foster-Karney Trust Fund is headquartered in OCEAN CITY, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Quinn | TREASURER | $0 | $0 | $0 |
| Edward Price | CHAIRMEN | $0 | $0 | $0 |
| George Bookos | SECRETARY | $0 | $0 | $0 |
Total Giving
$218K
Total Assets
$3.5M
Fair Market Value
$4.3M
Net Worth
$3.5M
Grants Paid
$212K
Contributions
$0
Net Investment Income
$154K
Distribution Amount
$201K
Total: $2.4M
Total Grants
70
Total Giving
$577K
Average Grant
$8K
Median Grant
$6K
Unique Recipients
33
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sunshine FoundationGENERAL PURPOSE | Southampton, PA | $20K | 2023 |
| CasaGENERAL PURPOSE | Somers Point, NJ | $3K | 2023 |
| Shore Medical CenterGENERAL PURPOSE | Somers Point, NJ | $20K | 2023 |
| Ranch Hope IncGENERAL PURPOSE | Alloway, NJ | $20K | 2023 |
| Volunteer In MedicineGENERAL PURPOSE | Cape May Court House, NJ |
ORLANDO, FL
MOBILE, AL
FORT WORTH, TX
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| $20K |
| 2023 |
| Oc High School ScholarshipsGENERAL PURPOSE | Ocean City, NJ | $20K | 2023 |
| American Legion Auxiliary Post 524GENERAL PURPOSE | Ocean City, NJ | $16K | 2023 |
| John R Elliott Hero CampagneGENERAL PURPOSE | Somers Point, NJ | $14K | 2023 |
| American Legion Post 524GENERAL PURPOSE | Ocean City, NJ | $10K | 2023 |
| Veteran Center Of HobkinGENERAL PURPOSE | Hoboken, NJ | $10K | 2023 |
| Foundation For Sustainable Vets HouGENERAL PURPOSE | Westfield, NJ | $10K | 2023 |
| Nj Run For The Fallen IncGENERAL PURPOSE | Ocean City, NJ | $8K | 2023 |
| Cape Atlantic Citizens Altering TheGRNERAL PRRPOSE | Ocean City, NJ | $6K | 2023 |
| Shriners Hospitals For ChildrenGENERAL PURPOSE | Phila, PA | $6K | 2023 |
| Contact Cape AtlanticGENERAL PURPOSE | Northfield, NJ | $5K | 2023 |
| St Johns Luthern ChurchGENERAL PURPOSE | Ocean City, NJ | $5K | 2023 |
| Mudirhs StudiosGENERAL PURPOSE | Atlantic City, NJ | $5K | 2023 |
| Sons Of American Legion Post 524GENERAL PURPOSE | Ocean City, NJ | $4K | 2023 |
| Gilda'S Club South JerseyGENERAL PURPOSE | Linwood, NJ | $3K | 2023 |
| Covenant House-Atlantic CityGENERAL PURPOSE | Atlantic City, NJ | $3K | 2023 |
| Wetlands InstituteGENERAL PURPOSE | Stone Harbor, NJ | $2K | 2023 |
| St Peters United Methodist ChurchGENERAL PURPOSE | Ocean City, NJ | $1K | 2023 |
| Marine Mammal Stranding CenterGRNERAL PURPOSE | Brigantine, NJ | $1K | 2023 |
| Shore Medical Center For Planned GiGENERAL PURPOSE | Somers Point, NJ | $15K | 2022 |
| Volunteerr In MedicineGENERAL | Cape May Court House, NJ | $11K | 2022 |
| Children'S Dyslexia CenterGENERAL PURPOSE | Bordentown, NJ | $1K | 2022 |
| Cape Volunteers In MedicineGRNERAL PURPOSE | Cape May Court House, NJ | $15K | 2021 |
| Kibble CupboardGENERAL PURPOSE | Egg Harbor City, NJ | $4K | 2021 |
| Ocean City FoundationGENERAL PURPOSE | Ocean City, NJ | $3K | 2021 |
| Ocean City Sons Of American LegionGENERAK PURPOSE | Ocean City, NJ | $3K | 2021 |
| Community Food Bank Of NjGENERAL PURPOSE | Egg Harbor Twp, NJ | $3K | 2021 |
| Crawford Crews Amer Legion Post 251GENERAL PURPOSE | Monclair, NJ | $2K | 2021 |
| Alcove CenterGENERAL PURPOSE | Galloway, NJ | $1K | 2021 |
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