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Holmes Family Foundation Inc. is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2004. The principal officer is Stephen P Holmes-Director. It holds total assets of $26.6M. Annual income is reported at $1.2M. Total assets have grown from $2.2M in 2011 to $26.6M in 2023. The foundation is governed by 2 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 2019 to 2023. The foundation primarily funds organizations in New Jersey and Tennessee. According to available records, Holmes Family Foundation Inc. has made 37 grants totaling $3.2M, with a median grant of $50K. Annual giving has grown from $560K in 2021 to $1.4M in 2023. Individual grants have ranged from $10K to $350K, with an average award of $87K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in New Jersey, Tennessee, New Mexico, which account for 81% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$63K
Average Grant
$89K
Largest Grant
$250K
Based on 8 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.
Holmes Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in NJ, TN, NM.
Holmes Family Foundation Inc. has distributed a total of $3.2M across 37 grants. The median grant size is $50K, with an average of $87K. Individual grants have ranged from $10K to $350K.
Holmes Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Holmes Family Foundation Inc. is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephen P Holmes | PRESIDENT | $0 | $0 | N/A |
| Bonnie L Holmes | VP & SEC | $0 | $0 | N/A |
Total Giving
$1.6M
Total Assets
$26.6M
Fair Market Value
$27.5M
Net Worth
$26.6M
Grants Paid
$1.4M
Contributions
N/A
Net Investment Income
$1.1M
Distribution Amount
$1.3M
Total: $25.9M
Total Revenue
$1.2M
990PF · 2023
Total Expenses
$1.6M
990PF · 2023
Total Assets
$26.6M
990PF · 2023
Net Assets
$26.6M
990PF · 2023
Total Grants
37
Total Giving
$3.2M
Average Grant
$87K
Median Grant
$50K
Unique Recipients
20
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Newbridge Services IncUNRESTRICTED GENERAL | Pequannock, NJ | $250K | 2023 |
| Chilton Memorial Hospital Fdn IncUNRESTRICTED GENERAL | Pompton Plns, NJ | $250K | 2023 |
| Bessie Green Community IncUNRESTRICTED GENERAL | Newark, NJ | $150K | 2023 |
| New City Kids IncSUPPORT PATERSON, NJ BRANCH | Jersey City, NJ | $150K | 2023 |
| First Reformed Church Of Pompton PlainsUNRESTRICTED GENERAL | Pompton Plains, NJ | $150K | 2023 |
| Girl Scouts Of Northern New Jersey IncUNRESTRICTED GENERAL | Riverdale, NJ | $110K | 2023 |
| The Snedeker FoundationUNRESTRICTED GENERAL | Nashville, TN | $75K | 2023 |
| Oasis A Haven For Women & ChildrenUNRESTRICTED GENERAL | Paterson, NJ | $50K | 2023 |
| Bucknell UniversityUNRESTRICTED GENERAL | Lewisburg, PA | $50K | 2023 |
| Visions And PathwaysUNRESTRICTED GENERAL | Bridgewater, NJ | $50K | 2023 |
| The Center For Action & ContemplationUNRESTRICTED GENERAL | Albuquerque, NM | $50K | 2023 |
| Cycle ConnectUNRESTRICTED GENERAL | New York, NY | $10K | 2023 |
| Usta FoundationUNRESTRICTED GENERAL | White Plains, NY | $10K | 2023 |
| Newbridge Fund IncUNRESTRICTED GENERAL | Pequannock, NJ | $350K | 2022 |
| Georgetown UniversityUNRESTRICTED GENERAL | Washington, DC | $100K | 2022 |
| The Breast Cancer Research FdnUNRESTRICTED GENERAL | New York, NY | $50K | 2022 |
| Map InternationalUNRESTRICTED GENERAL | Brunswick, GA | $10K | 2022 |
| Boys & Girls Clubs Of Northwest Nj IncUNRESTRICTED GENERAL | Pompton Plns, NJ | $10K | 2022 |
| Embers Inernational IncUNRESTRICTED GENERAL | Fort Lee, NJ | $10K | 2022 |
| First Reformed Dutch ChurchUNRESTRICTED GENERAL | Pompton Plains, NJ | $100K | 2021 |