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John And Polly Sparks Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2012. The principal officer is Robert Morgan & Bank Of America. It holds total assets of $70.9M. Annual income is reported at $50.1M. Total assets have grown from $50.1M in 2012 to $66.7M in 2022. The foundation is governed by 6 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 2018 to 2023. According to available records, John And Polly Sparks Foundation has made 3 grants totaling $10.9M, with a median grant of $3.7M. The foundation has distributed between $3.4M and $3.7M annually from 2021 to 2023. Individual grants have ranged from $3.4M to $3.7M, with an average award of $3.6M. Grants have been distributed to organizations in Georgia and 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.
John And Polly Sparks Foundation 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 GA, NJ.
John And Polly Sparks Foundation has distributed a total of $10.9M across 3 grants. The median grant size is $3.7M, with an average of $3.6M. Individual grants have ranged from $3.4M to $3.7M.
John And Polly Sparks Foundation typically selects its grantees rather than accepting unsolicited proposals.
John And Polly Sparks Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $324K | $0 | $324K |
| Brock Richard Peyer | ADVISORY MEMBER | $10K | $0 | $10K |
| Kim Barronton Thornton | ADVISORY MEMBER | $10K | $0 | $10K |
| Richard W Hallock | ADVISORY MEMBER | $10K | $0 | $10K |
| S Andrew Shuping | ADVISORY MEMBER | $10K | $0 | $10K |
| Kathy Barronton Thornton | ADVISORY MEMBER | $10K | $0 | $10K |
Total Giving
$4.3M
Total Assets
$66.7M
Fair Market Value
$78.3M
Net Worth
$66.7M
Grants Paid
$3.7M
Contributions
N/A
Net Investment Income
$3.2M
Distribution Amount
$3.8M
Total: N/A
Total Grants
3
Total Giving
$10.9M
Average Grant
$3.6M
Median Grant
$3.7M
Unique Recipients
1
Most Common Grant
$3.7M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedGENERAL OPERATING | Pennington, NJ | $3.7M | 2023 |