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Plangere Foundation Inc. is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 1998. The principal officer is Merrill Lynch Us Trust. It holds total assets of $24.3M. Annual income is reported at $22.8M. Total assets have grown from $7M in 2011 to $24.7M in 2023. 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 2019 to 2024. Grantmaking is concentrated in New Jersey. According to available records, Plangere Foundation Inc. has made 102 grants totaling $6.3M, with a median grant of $25K. Annual giving has decreased from $4M in 2023 to $2.4M in 2024. Individual grants have ranged from $5K to $574K, with an average award of $62K. The foundation has supported 41 unique organizations. The foundation primarily supports organizations in New Jersey, New York, Florida, which account for 96% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$63K
Average Grant
$91K
Largest Grant
$500K
Based on 44 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.
Plangere Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 102 grants. Its grantmaking reaches organizations primarily in NJ, NY, FL.
Plangere Foundation Inc. has distributed a total of $6.3M across 102 grants. The median grant size is $25K, with an average of $62K. Individual grants have ranged from $5K to $574K.
Plangere Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Plangere Foundation Inc. is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jules L Plangere Iii | TRUSTEE | $10K | $0 | $10K |
| John C Conover Iii | TRUSTEE | $10K | $0 | $10K |
| Nicole A Colantoni | TRUSTEE | $10K | $0 | $10K |
| Ernest Donald Lass | TRUSTEE | $10K | $0 | $10K |
| Alfred D Colantoni | CHAIRMAN | $0 | $0 | N/A |
| Donna L Hession | TRUSTEE/SECRETARY | $0 | $0 | N/A |
Total Giving
$2.6M
Total Assets
$24.7M
Fair Market Value
$26M
Net Worth
$24.7M
Grants Paid
$2.4M
Contributions
$1.3M
Net Investment Income
$691K
Distribution Amount
$1.2M
Total: $15.7M
Total Grants
102
Total Giving
$6.3M
Average Grant
$62K
Median Grant
$25K
Unique Recipients
41
Most Common Grant
$25K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyUNRESTRICTED GENERAL | Atlanta, GA | $100K | 2024 |
| Salvation ArmyUNRESTRICTED GENERAL | West Nyack, NY | $25K | 2024 |
| Visiting Nurse AssociationUNRESTRICTED GENERAL | Holmdel, NJ | $150K | 2023 |
| Boys & Girls Club Of Monmouth CountyUNRESTRICTED GENERAL | Asbury Park, NJ | $574K | 2024 |
| Family Resource Associates IncUNRESTRICTED GENERAL | Red Bank, NJ | $170K | 2024 |
| Interfaith Neighbors IncUNRESTRICTED GENERAL | Asbury Park, NJ | $167K | 2024 |
| Asbury Park Music Foundation IncUNRESTRICTED GENERAL | Asbury Park, NJ | $125K | 2024 |
| Mary'S Place By The SeaUNRESTRICTED GENERAL | Ocean Grove, NJ | $125K | 2024 |
| Mercy Center CorporationUNRESTRICTED GENERAL | Asbury Park, NJ | $125K | 2024 |
| Vna Health GroupUNRESTRICTED GENERAL | Holmdel, NJ | $100K | 2024 |
| Monmouth UniversityUNRESTRICTED GENERAL | W Long Branch, NJ | $100K | 2024 |
| Memorial Sloan-Kettering Cancer CtrUNRESTRICTED GENERAL | New York, NY | $100K | 2024 |
| Georgian Court UniversityUNRESTRICTED GENERAL | Lakewood, NJ | $100K | 2024 |
| Big Brothers Big Sisters Of Mercer CoUNRESTRICTED GENERAL | Trenton, NJ | $50K | 2024 |
| Achievement Ctrs For Children And FamiliesUNRESTRICTED GENERAL | Delray Beach, FL | $50K | 2024 |
| Crc Recovery Foundation IncUNRESTRICTED GENERAL | Delray Beach, FL | $50K | 2024 |
| Asbury Park Little League Baseball IncUNRESTRICTED GENERAL | Asbury Park, NJ | $30K | 2024 |
| Family & Children Services Of Monmouth CountyUNRESTRICTED GENERAL | Long Branch, NJ | $30K | 2024 |
| Rallycap Sports IncUNRESTRICTED GENERAL | Sea Girt, NJ | $25K | 2024 |
| Ocean Housing Alliance IncUNRESTRICTED GENERAL | Point Pleasant Beach, NJ | $25K | 2024 |
| Parker Family Health Center IncUNRESTRICTED GENERAL | Red Bank, NJ | $25K | 2024 |
| Ladacin Network IncUNRESTRICTED GENERAL | Ocean, NJ | $25K | 2024 |
| Love IncUNRESTRICTED GENERAL | Tinton Falls, NJ | $25K | 2024 |
| Collier Youth ServicesUNRESTRICTED GENERAL | Wickatunk, NJ | $25K | 2024 |
| Garden State Film FestivalUNRESTRICTED GENERAL | Sea Girt, NJ | $25K | 2024 |
| Community YmcaUNRESTRICTED GENERAL | Shrewsbury, NJ | $25K | 2024 |
| Ronald Mcdonald HouseUNRESTRICTED GENERAL | Long Branch, NJ | $25K | 2024 |
| Nj Press Foundation IncUNRESTRICTED GENERAL | Ewing, NJ | $25K | 2024 |
| Jdrf New Jersey MetroUNRESTRICTED GENERAL | New York, NY | $25K | 2024 |
| Girl Scouts Of The Jersey Shore IncUNRESTRICTED GENERAL | Farmingdale, NJ | $25K | 2024 |
| American National Red CrossUNRESTRICTED GENERAL | Washington, DC | $15K | 2024 |
| Asbury Park Theater CompanyUNRESTRICTED GENERAL | Asbury Park, NJ | $10K | 2024 |
| Market Street Mission IncUNRESTRICTED GENERAL | Morristown, NJ | $10K | 2024 |
| Habitat For HumanityUNRESTRICTED GENERAL | Freehold, NJ | $5K | 2024 |
| Asbury Park Historical SocietyUNRESTRICTED GENERAL | Asbury Park, NJ | $5K | 2024 |
| Asbury Park Tennis InitiativeUNRESTRICTED GENERAL | Asbury Park, NJ | $5K | 2024 |
| Jersey Shore Jazz & Blues FdnUNRESTRICTED GENERAL | Hazlet, NJ | $5K | 2024 |
| Valerie Fund CenterUNRESTRICTED GENERAL | Maplewood, NJ | $100K | 2023 |