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Prospect Foundation Inc. is a private corporation based in SEA GIRT, NJ. The foundation received its IRS ruling in 1964. The principal officer is Burke & Peer. It holds total assets of $361K. Annual income is reported at $108K. Total assets have grown from $223K in 2011 to $361K in 2024. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. The foundation primarily funds organizations in New York and District of Columbia. According to available records, Prospect Foundation Inc. has made 41 grants totaling $56K, with a median grant of $1K. The foundation has distributed between $26K and $30K annually from 2022 to 2023. Individual grants have ranged from $500 to $6K, with an average award of $1K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, District of Columbia, which account for 80% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$1K
Largest Grant
$5K
Based on 19 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.
Prospect Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in NY, MA, DC.
Prospect Foundation Inc. has distributed a total of $56K across 41 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $500 to $6K.
Prospect Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Prospect Foundation Inc. is headquartered in SEA GIRT, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Kixmiller | PRESIDENT | $0 | $0 | N/A |
| Robert Cockren | GENERAL COUNSEL | $0 | $0 | N/A |
| Richard F Kixmiller | PORTFOLIO MGR | $0 | $0 | N/A |
| Dan Kixmiller | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$361K
Fair Market Value
N/A
Net Worth
$361K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
41
Total Giving
$56K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
25
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Mazu FoundationGENERAL SUPPORT | New York, NY | $500 | 2023 |
| 350orgGENERAL SUPPORT | Boston, MA | $6K | 2023 |
| Big ReuseGENERAL SUPPORT | Brooklyn, NY | $5K | 2023 |
| Natural Resources Defense CouncilGENERAL SUPPORT | New York, NY | $4K | 2023 |
| Clean Air Task ForceGENERAL SUPPORT | Boston, MA | $3K | 2023 |
| Fordham Law SchoolGENERAL SUPPORT | New York, NY | $1K | 2023 |
| Holy Cross HsGENERAL SUPPORT | Flushing, NY | $1K | 2023 |
| Boston CollegeGENERAL SUPPORT | Chestnut Hill, MA | $1K | 2023 |
| Ny Presybterian HospitalGENERAL SUPPORT | New York, NY | $1K | 2023 |
| National Park FoundationGENERAL SUPPORT | Washington, DC | $1K | 2023 |
| Sienna CollegeGENERAL SUPPORT | Loudonville, NY | $1K | 2023 |
| Rinzai Zen SanghaGENERAL SUPPORT | New York, NY | $1K | 2023 |
| Society Of The Sacred HeartGENERAL SUPPORT | New York, NY | $1K | 2023 |
| World Wildlife FundGENERAL SUPPORT | Washington, DC | $1K | 2023 |
| Zen Studies SocietyGENERAL SUPPORT | New York, NY | $1K | 2023 |
| Wake County SpcaGENERAL SUPPORT | Raleigh, NC | $500 | 2023 |
| Hunter CollegeGENERAL SUPPORT | New York, NY | $500 | 2023 |
| Nyst Pba ScholarshipGENERAL SUPPORT | Woodbridge, NJ | $500 | 2023 |
| Church Of St HelenGENERAL SUPPORT | Westfield, NJ | $500 | 2023 |
| Good Sheperd ServicesGENERAL SUPPORT | New York, NY | $2K | 2022 |
| Cypress Hills Dev CorpGENERAL SUPPORT | Brooklyn, NY | $2K | 2022 |
| Blue Ridge Parkway FoundationGENERAL SUPPORT | Asheville, NC | $1K | 2022 |
| First United Methodist Church Of BrooklynGENERAL SUPPORT | Brooklyn, NY | $1K | 2022 |
| Raptor TrustGENERAL SUPPORT | Millington, NJ | $500 | 2022 |
| Model Rr ClubGENERAL SUPPORT | Union, NJ | $500 | 2022 |