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Shrewsbury Foundation is a private trust based in RUMSON, NJ. The foundation received its IRS ruling in 2002. The principal officer is Linda B Mckean. It holds total assets of $2M. Annual income is reported at $752K. Total assets have grown from $786K in 2011 to $2.1M in 2023. The foundation is governed by 1 officer or trustee. 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 2016 to 2023. The foundation primarily funds organizations in New Jersey, Virginia and New York. According to available records, Shrewsbury Foundation has made 52 grants totaling $235K, with a median grant of $2K. The foundation has distributed between $25K and $115K annually from 2021 to 2023. Individual grants have ranged from $250 to $20K, with an average award of $5K. The foundation has supported 33 unique organizations. The foundation primarily supports organizations in Virginia, New Jersey, New York, which account for 87% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$5K
Largest Grant
$16K
Based on 21 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.
Shrewsbury Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 52 grants. Its grantmaking reaches organizations primarily in VA, NJ, NY.
Shrewsbury Foundation has distributed a total of $235K across 52 grants. The median grant size is $2K, with an average of $5K. Individual grants have ranged from $250 to $20K.
Shrewsbury Foundation typically selects its grantees rather than accepting unsolicited proposals.
Shrewsbury Foundation is headquartered in RUMSON, NJ. While based in NJ, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Quincy As Mckean Iii | DIRECTOR | $0 | $0 | N/A |
Total Giving
$110K
Total Assets
$2.1M
Fair Market Value
$2.3M
Net Worth
$2.1M
Grants Paid
$95K
Contributions
N/A
Net Investment Income
$25K
Distribution Amount
$103K
Total: $1.5M
Total Grants
52
Total Giving
$235K
Average Grant
$5K
Median Grant
$2K
Unique Recipients
33
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Baptist ChurchFOR OPERATIONS | Long Branch, NJ | $1K | 2021 |
| Friends Of Green ChimneysFOR OPERATIONS | Brewster, NY | $20K | 2023 |
| BascamFOR OPERATIONS | West Long Branch, NJ | $10K | 2023 |
| Dream ProjectFOR OPERATIONS | Arlington, VA | $10K | 2023 |
| Stroke Comeback CenterFOR OPERATIONS | Vienna, VA | $10K | 2023 |
| Create NowFOR OPERATIONS | Los Angeles, CA | $8K | 2023 |
| Arlington Food Assistance CenterFOR OPERATIONS | Arlington, VA | $8K | 2023 |
| Interfaith NeighborsFOR OPERATIONS | Asbury Park, NJ | $6K | 2023 |
| Springsteen ArchivesFOR OPERATIONS | West Long Branch, NJ | $5K | 2023 |
| Monmouth UniversityFOR OPERATIONS | West Long Branch, NJ | $5K | 2023 |
| Cancercrusher FoundationFOR OPERATIONS | Rumson, NJ | $5K | 2023 |
| Wolf Conservation CenterFOR OPERATIONS | South Salem, NY | $2K | 2023 |
| Rumson Endowment FundFOR OPERATIONS | Rumson, NJ | $1K | 2023 |
| Thomas Labrecque FoundationFOR OPERATIONS | Alexandria, VA | $1K | 2023 |
| Parker Health ClinicFOR OPERATIONS | Red Bank, NJ | $1K | 2023 |
| Monmouth Medical Center FoundationFOR OPERATIONS | Long Branch, NJ | $1K | 2023 |
| First Baptist Church Of Red BankFOR OPERATIONS | Red Bank, NJ | $1K | 2023 |
| Kristen Ann Carr FundFOR OPERATIONS | Holmdel, NJ | $500 | 2023 |
| Memorial Sloan-Kettering Cancer CenterFOR OPERATIONS | New York, NY | $500 | 2023 |
| Housing Rights InitiativeFOR OPERATIONS | New York, NY | $250 | 2023 |
| Lunch BreakFOR OPERATIONS | Red Bank, NJ | $250 | 2023 |
| Mildred Mindell Cancer FoundationFOR OPERATIONS | Owings Mills, MD | $2K | 2022 |
| The Promise ProjectFOR OPERATIONS | New York, NY | $250 | 2022 |
| Arlington Community FoundationFOR OPERATIONS | Arlington, VA | $10K | 2021 |
| Monmouth Conservation FoundationFOR OPERATIONS | Middletown, NJ | $10K | 2021 |
| Waterside SchoolFOR OPERATIONS | Stamford, CT | $7K | 2021 |
| Iyrs Schgool Of Tech And TradesFOR OPERATIONS | Newport, RI | $7K | 2021 |
| Just NeighborsFOR OPERATIONS | Falls Church, VA | $5K | 2021 |
| Asbury Park Arts CouncilFOR OPERATIONS | Asbury Park, NJ | $3K | 2021 |
| The Seeing Eye IncFOR OPERATIONS | Morristown, NJ | $2K | 2021 |
| American Red CrossFOR OPERATIONS | Washington, DC | $1K | 2021 |