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Oceanfirst Foundation is a private corporation based in TOMS RIVER, NJ. The foundation received its IRS ruling in 1997. The principal officer is % Michael Fitzpatrick. It holds total assets of $8.8M. Annual income is reported at $2.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Oceanfirst Foundation has made 2,070 grants totaling $8.7M, with a median grant of $3K. The foundation has distributed between $1.7M and $2.7M annually from 2020 to 2023. Individual grants have ranged from $15 to $100K, with an average award of $4K. The foundation has supported 801 unique organizations. The foundation primarily supports organizations in New Jersey, Pennsylvania, New York, which account for 99% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Oceanfirst Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2,070 grants. Its grantmaking reaches organizations primarily in NJ, PA, NY.
Oceanfirst Foundation has distributed a total of $8.7M across 2,070 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $15 to $100K.
The application deadline is DEADLINES VARY FOR EACH FUNDING PROGRAM.. APPLICANTS MUST PROVIDE SERVICES WITHIN THE OCEANFIRST FOOTPRINT AND HAVE 501(C)(3) TAX EXEMPT STATUS WITH THE IRS. APPLICANTS SHOULD BE REGISTERED IN NEW JERSEY AS A CHARITY AND PERFORM A CERTIFIED ANNUAL AUDIT, IF REQUIRED. THE FOUNDATION CONFIRMS TAX-EXEMPT STATUS/NJ CHARITY REGISTRATION. FUNDING IS NOT PROVIDED FOR: - INDIVIDUALS - RESEARCH - ORGANIZATIONS NOT EXEMPT UNDER IRC SECTION 501(C)(3) - RELIGIOUS CONGREGATIONS - POLITICAL CAUSES, CANDIDATES, ORGANIZATIONS OR CAMPAIGNS - ORGANIZATIONS WHOSE PRIMARY PURPOSE IS TO INFLUENCE LEGISLATION - SPORTS LEAGUES/TEAMS.
Oceanfirst Foundation is headquartered in TOMS RIVER, NJ. While based in NJ, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Katherine B Durante | SECRETARY / EXEC. DIR. | $259K | $40K | $299K |
| Grace M Vallacchi | DIRECTOR | $0 | $0 | $0 |
| John E Walsh | DIRECTOR | $0 | $0 | $0 |
| David C Wintrode | DIRECTOR | $0 | $0 | $0 |
| Grace C Torres | DIRECTOR | $0 | $0 | $0 |
Total Giving
$3.1M
Total Assets
$10.7M
Fair Market Value
$15M
Net Worth
$8.4M
Grants Paid
$2.4M
Contributions
$940
Net Investment Income
$864K
Distribution Amount
$739K
Total: $10.6M
Total Grants
2,070
Total Giving
$8.7M
Average Grant
$4K
Median Grant
$3K
Unique Recipients
801
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Operation WarmCOATS FOR CHILDREN IN NEED | Glen Mills, PA | $75K | 2023 |
| Hansen Foundation IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Egg Harbor Cy, NJ | $10K | 2023 |
| Georgian Court University2023 SCHOLARSHIP PROGRAM | Lakewood, NJ | $40K | 2023 |
| Brookdale Community College Foundation2023 SCHOLARSHIP PROGRAM | Lincroft, NJ | $40K | 2023 |
| The College Of New Jersey Foundation2023 SCHOLARSHIP PROGRAM |
| Samuel R Young |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Angelo J Catania | DIRECTOR | $0 | $0 | $0 |
| Donald E Mclaughlin Cpa | DIRECTOR | $0 | $0 | $0 |
| John R Garbarino | DIRECTOR | $0 | $0 | $0 |
| Diane F Rhine | DIRECTOR | $0 | $0 | $0 |
| Jack M Farris | DIRECTOR | $0 | $0 | $0 |
| Dr Robert A Previti | DIRECTOR | $0 | $0 | $0 |
| James M Bollerman | DIRECTOR | $0 | $0 | $0 |
| John K Lloyd | DIRECTOR | $0 | $0 | $0 |
| Kimberly M Guadagno Esq | DIRECTOR | $0 | $0 | $0 |
| Anthony R Coscia Esq | DIRECTOR | $0 | $0 | $0 |
| Joseph J Murphy Jr | DIRECTOR | $0 | $0 | $0 |
| Michael J Fitzpatrick | TREASURER | $0 | $0 | $0 |
| Joseph J Lebel Iii | DIRECTOR | $0 | $0 | $0 |
| Christopher D Maher | PRESIDENT / CHAIRMAN | $0 | $0 | $0 |
| Joseph M Kyrillos Jr | DIRECTOR | $0 | $0 | $0 |
| Judith Leone | DIRECTOR | $0 | $0 | $0 |
| Robin Zager | DIRECTOR | $0 | $0 | $0 |
| Ewing, NJ |
| $40K |
| 2023 |
| Ocean County College Foundation2023 SCHOLARSHIP PROGRAM | Toms River, NJ | $40K | 2023 |
| Ccefrowan College South Jersey2023 SCHOLARSHIP PROGRAM | Vineland, NJ | $40K | 2023 |
| Monmouth University2023 SCHOLARSHIP PROGRAM | W Long Branch, NJ | $40K | 2023 |
| Atlantic Cape Community College2023 SCHOLARSHIP PROGRAM | May Landing, NJ | $40K | 2023 |
| Rowan University Foundation2023 SCHOLARSHIP PROGRAM | Glassboro, NJ | $40K | 2023 |
| Stockton University2023 SCHOLARSHIP PROGRAM | Galloway, NJ | $40K | 2023 |
| Deborah Hospital Foundation For Deborah Heart And Lung CenterGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Brown Mills, NJ | $25K | 2023 |
| Community Medical Center FoundationGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Toms River, NJ | $15K | 2023 |
| Children'S Specialized Hospital FoundationGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Mountainside, NJ | $15K | 2023 |
| 180 Turning Lives Around IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Hazlet, NJ | $10K | 2023 |
| Affordable Housing Alliance IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Neptune, NJ | $10K | 2023 |
| Catholic Charities - Diocese Of TrentonGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Trenton, NJ | $10K | 2023 |
| Center For Family Services IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Camden, NJ | $10K | 2023 |
| Ocean'S Harbor House IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Toms River, NJ | $10K | 2023 |
| Anchor House IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Trenton, NJ | $10K | 2023 |
| Interfaith Family ServicesGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Toms River, NJ | $10K | 2023 |
| Parker Family Health CenterGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Red Bank, NJ | $10K | 2023 |
| Community Services Inc Of Ocean CountyGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Manahawkin, NJ | $10K | 2023 |
| Hackensack Meridian Health FoundationBOARD MATCHING GIFT | Edison, NJ | $10K | 2023 |
| Community Food Bank Of New Jersey IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Hillside, NJ | $10K | 2023 |
| AvanzarGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Pleasantville, NJ | $10K | 2023 |
| Ladacin NetworkGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Ocean Township, NJ | $10K | 2023 |
| PhilabundanceGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Philadelphia, PA | $10K | 2023 |
| Cathedral Soup Kitchen IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Camden, NJ | $10K | 2023 |
| Visiting Nurse Association Of Central Jersey Comm Health Ctr IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Asbury Park, NJ | $10K | 2023 |
| Congregation B'Nai IsraelBOARD MATCHING GIFT | Rumson, NJ | $10K | 2023 |
| Cape May County Coast Guard Community FoundationHOME RUNS FOR HEROES | Rio Grande, NJ | $10K | 2023 |
| Habcore IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Tinton Falls, NJ | $10K | 2023 |
| Contact Of Ocean & Monmouth CountiesGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Toms River, NJ | $10K | 2023 |
| Lunch BreakGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Red Bank, NJ | $10K | 2023 |
| Just Believe A Nj Nonprofit CorporationGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Toms River, NJ | $10K | 2023 |
| House Of Hope Of Ocean County IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Toms River, NJ | $10K | 2023 |
| Lt Dennis W Zilinski Ii Memorial FundHOME RUNS FOR HEROES | Jackson, NJ | $10K | 2023 |
| Food Bank Of South Jersey IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Pennsauken, NJ | $10K | 2023 |
| Starve Poverty InternationalGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Forked River, NJ | $6K | 2023 |
| Special StridesGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Monroe, NJ | $6K | 2023 |
| Mercy Center CorporationGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Asbury Park, NJ | $6K | 2023 |
| Society For The Prevention Of Teen Suicide IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Freehold, NJ | $6K | 2023 |
| Shore ClubhouseGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Long Branch, NJ | $6K | 2023 |
| Community Foundation Of New Jersey (Impact 100 & CfsjGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Shrewsbury, NJ | $6K | 2023 |
| Girl Scouts Of The Jersey ShoreGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Farmingdale, NJ | $6K | 2023 |
| Community Loan Fund Of New Jersey IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Brunswick, NJ | $6K | 2023 |
| Roots & WingsGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Denville, NJ | $6K | 2023 |
| Jewish Federation Of Southern New JerseyGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Cherry Hill, NJ | $6K | 2023 |
| Vetgroup IncGENERAL OPERATING/FLEXIBLE SUPPORT GRANT | Forked River, NJ | $6K | 2023 |
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