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Grove Foundation Inc. is a private corporation based in NEPTUNE, NJ. The foundation received its IRS ruling in 2002. The principal officer is Jacob Frommer. It holds total assets of $12.3M. Annual income is reported at $10.6M. Total assets have grown from $8.1M in 2011 to $12.3M in 2024. The foundation is governed by 3 officers and trustees. All people have the resources, respect and sense of belonging to live and contribute fully as themselves, in safety, and with joy. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. The foundation primarily funds organizations in Louisiana, Georgia and Alabama. According to available records, Grove Foundation Inc. has made 2 grants totaling $1.4M, with a median grant of $724K. The foundation has distributed between $663K and $784K annually from 2022 to 2023. Individual grants have ranged from $663K to $784K, with an average award of $724K. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
A five-year initiative (begun 2020) providing funding for Black-led advocacy organizations, emphasizing civic engagement and liberation in Louisiana, Georgia, and Alabama.
Supporting organizations led by people of color that center equity and are community-based to ensure healthy democracy and representative leadership.
Funding legal services, policy advocacy, organizing, and coalition building to protect and advance immigrant rights.
Supporting organizations focused on comprehensive sex education, birth justice, and abortion access.
Investing in resources for under-resourced people, families, and communities pursuing education and economic justice.
All people have the resources, respect and sense of belonging to live and contribute fully as themselves, in safety, and with joy. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NJ.
Grove Foundation Inc. has distributed a total of $1.4M across 2 grants. The median grant size is $724K, with an average of $724K. Individual grants have ranged from $663K to $784K.
Grove Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. Does not accept unsolicited grant requests or proposals. Foundation focuses on supporting current grantees with remaining resources.
Grove Foundation Inc. is headquartered in NEPTUNE, NJ. The foundation primarily funds organizations in Louisiana, Georgia, Alabama.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mordechai Schon | TRUSTEE | $0 | $0 | N/A |
| Sara M Frommer | TRUSTEE | $0 | $0 | N/A |
| Jacob Frommer | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$12.3M
Fair Market Value
N/A
Net Worth
$12.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2
Total Giving
$1.4M
Average Grant
$724K
Median Grant
$724K
Unique Recipients
1
Most Common Grant
$784K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleCHARITABLE | Lakewood, NJ | $784K | 2023 |