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Horizon Charitable Foundation Inc. is a private corporation based in NEWARK, NJ. The foundation received its IRS ruling in 2005. The principal officer is Tax Dept. It holds total assets of $80.6M. Annual income is reported at $2.5M. Total assets have grown from $53.2M in 2011 to $77.3M in 2023. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2018 to 2023. According to available records, Horizon Charitable Foundation Inc. has made 3 grants totaling $11.4M, with a median grant of $3.8M. Annual giving has decreased from $4.5M in 2020 to $3M in 2023. Individual grants have ranged from $3M to $4.5M, with an average award of $3.8M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
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.
Horizon Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NJ.
Horizon Charitable Foundation Inc. has distributed a total of $11.4M across 3 grants. The median grant size is $3.8M, with an average of $3.8M. Individual grants have ranged from $3M to $4.5M.
The application deadline is See line above 2(b). See line above 2(b).
Horizon Charitable Foundation Inc. is headquartered in NEWARK, NJ.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$3.7M
Total Assets
$77.3M
Fair Market Value
$10M
Net Worth
$74.5M
Grants Paid
$2.4M
Contributions
$10M
Net Investment Income
$1.8M
Distribution Amount
$3.1M
Total: $65.9M
Total Grants
3
Total Giving
$11.4M
Average Grant
$3.8M
Median Grant
$3.8M
Unique Recipients
2
Most Common Grant
$3.8M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various Organizations-Info Available Upon RequestVARIOUS | Newark, NJ | $3M | 2023 |
| Various Organizations-Info Available Upon Request-Various | Newark, NJ | $4.5M | 2020 |