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Also known as: C/O PENNANT INVESTORS GP
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Fournier Family Foundation Inc. is a private corporation based in SUMMIT, NJ. The foundation received its IRS ruling in 2005. The principal officer is Alan Fournier. It holds total assets of $14.5M. Annual income is reported at $1.5M. Total assets have grown from $4.7M in 2011 to $14.5M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. Grantmaking is concentrated in New Jersey. According to available records, Fournier Family Foundation Inc. has made 81 grants totaling $9.7M, with a median grant of $20K. Annual giving has grown from $3M in 2020 to $6.7M in 2022. Individual grants have ranged from $100 to $1M, with an average award of $119K. The foundation has supported 52 unique organizations. The foundation primarily supports organizations in New Jersey, Maryland, California, which account for 75% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$150
Median Grant
$4K
Average Grant
$129K
Largest Grant
$1.8M
Based on 21 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Fournier Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 81 grants. Its grantmaking reaches organizations primarily in NJ, MD, CA.
Fournier Family Foundation Inc. has distributed a total of $9.7M across 81 grants. The median grant size is $20K, with an average of $119K. Individual grants have ranged from $100 to $1M.
Fournier Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Fournier Family Foundation Inc. is headquartered in SUMMIT, NJ. While based in NJ, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alan P Fournier | PRESIDENT | $0 | $0 | N/A |
| Jennifer L Fournier | SECRETARY-TREASURER | $0 | $0 | N/A |
| H Norman Bott | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$14.5M
Fair Market Value
N/A
Net Worth
$14.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
81
Total Giving
$9.7M
Average Grant
$119K
Median Grant
$20K
Unique Recipients
52
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St BenedictsCHARITABLE IRC 170 (C)(2) | Newark, NJ | $100K | 2022 |
| Life CampCHARITABLE IRC 170 (C)(2) | Morristown, NJ | $50K | 2022 |
| Riverstyx FoundationCHARITABLE IRC 170 (C)(2) | Santa Cruz, CA | $23K | 2022 |
| Good GriefCHARITABLE IRC 170 (C)(2) | Far Hills, NJ | $5K | 2022 |
| Johns Hopkins University Of MedicineCHARITABLE IRC 170 (C)(2) | Baltimore, MD | $1M | 2022 |
| Edward Charles FoundationCHARITABLE IRC 170 (C)(2) | Beverly Hills, CA | $500K | 2022 |
| Associated Humane SocietyCHARITABLE IRC 170 (C)(2) | Newark, NJ | $500K | 2022 |
| The National Philanthropic TrustCHARITABLE IRC 170 (C)(2) | Jenkintown, PA | $500K | 2022 |
| Kipp New JerseyCHARITABLE IRC 170 (C)(2) | Newark, NJ | $250K | 2022 |
| Discovery InstituteCHARITABLE IRC 170 (C)(2) | Seattle, WA | $190K | 2022 |
| The Humane Society Of The United StatesCHARITABLE IRC 170 (C)(2) | Washington, DC | $50K | 2022 |
| FocusCHARITABLE IRC 170 (C)(2) | New Canaan, CT | $50K | 2022 |
| Oasis TlcCHARITABLE IRC 170 (C)(2) | Middletown, NJ | $25K | 2022 |
| Foundation For Morristown Medical CenterCHARITABLE IRC 170 (C)(2) | Morristown, NJ | $20K | 2022 |
| Community In CrisisCHARITABLE IRC 170 (C)(2) | Bernardsville, NJ | $20K | 2022 |
| Liberty Corner Presbyterian ChurchCHARITABLE IRC 170 (C)(2) | Liberty Corner, NJ | $10K | 2022 |
| Yellowstone Club Community FoundationCHARITABLE IRC 170 (C)(2) | Bozeman, NJ | $10K | 2022 |
| Special Olympics New JerseyCHARITABLE IRC 170 (C)(2) | Lawrenceville, NJ | $10K | 2022 |
| Hunterdon County Educational Services CommissionCHARITABLE IRC 170 (C)(2) | Califon, NJ | $6K | 2022 |
| Atlantic Visiting NurseCHARITABLE IRC 170 (C)(2) | Basking Ridge, NJ | $5K | 2022 |
| Market Street MissionCHARITABLE IRC 170 (C)(2) | Morristown, NJ | $5K | 2022 |
| Hudson FarmCHARITABLE IRC 170 (C)(2) | Andover, NJ | $5K | 2022 |
| Rawhide RescueCHARITABLE IRC 170 (C)(2) | Warren, NJ | $2K | 2022 |
| Memorial Sloan Kettering Cancer CenterCHARITABLE IRC 170 (C)(2) | New York, NY | $500 | 2022 |
| Usona InstituteCHARITABLE IRC 170 (C)(2) | Madison, WI | $750K | 2020 |
| MapsCHARITABLE IRC 170 (C)(2) | Scotts Valley, CA | $500K | 2020 |