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The Sumner Family Foundation Inc. is a private corporation based in CALIFON, NJ. The foundation received its IRS ruling in 2016. It holds total assets of $143.3M. Annual income is reported at $10.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Sumner Family Foundation Inc. has made 50 grants totaling $6.1M, with a median grant of $28K. Annual giving has grown from $2.2M in 2021 to $4M in 2022. Individual grants have ranged from $3K to $1M, with an average award of $123K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in New York, New Jersey, California, which account for 84% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
The Sumner Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 50 grants. Its grantmaking reaches organizations primarily in NY, NJ, CA.
The Sumner Family Foundation Inc. has distributed a total of $6.1M across 50 grants. The median grant size is $28K, with an average of $123K. Individual grants have ranged from $3K to $1M.
The Sumner Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Sumner Family Foundation Inc. is headquartered in CALIFON, NJ. While based in NJ, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary Prince | TRUSTEE | $0 | $0 | $0 |
| Peter Olsen | TRUSTEE | $0 | $0 | $0 |
| Aria D Pardilla | TRUSTEE | $0 | $0 | $0 |
Total Giving
$3.4M
Total Assets
$139.4M
Fair Market Value
$108.4M
Net Worth
$139.4M
Grants Paid
$3.1M
Contributions
$0
Net Investment Income
$7.1M
Distribution Amount
$5.8M
Total Grants
50
Total Giving
$6.1M
Average Grant
$123K
Median Grant
$28K
Unique Recipients
20
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Authors League FundGENERAL SUPPORT | Brooklyn, NY | $30K | 2022 |
| Give DirectlyGENERAL SUPPORT | New York, NY | $650K | 2022 |
| Community Food Bank Of NjGENERAL SUPPORT | Hillside, NJ | $300K | 2022 |
| Bail Projects IncGENERAL SUPPORT | Venice, CA | $300K | 2022 |
| Innovations For PovertyGENERAL SUPPORT | New Haven, CT | $250K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2022 |
| Ahs HospitalGENERAL SUPPORT | Morristown, NJ | $150K | 2022 |
| OxfamGENERAL SUPPORT | Boston, MA | $100K | 2022 |
| Trustees Of Newark AcademyGENERAL SUPPORT | Livingston, NJ | $51K | 2022 |
| Young Audiences Of Nj And Eastern PaGENERAL SUPPORT | Princeton, NJ | $30K | 2022 |
| Freedom HouseGENERAL SUPPORT | Morristown, NJ | $25K | 2022 |
| Far Hills Country Day SchoolGENERAL SUPPORT | Far Hills, NJ | $20K | 2022 |
| World Central Kitchen IncGENERAL SUPPORT | Washington, DC | $10K | 2022 |
| Datakind IncGENERAL SUPPORT | Brooklyn, NY | $10K | 2022 |
| New Jersey Conservation FoundationGENERAL SUPPORT | Far Hills, NJ | $10K | 2022 |
| The Somo ProjectGENERAL SUPPORT | New York, NY | $10K | 2022 |
| Media Art Xploration IncGENERAL SUPPORT | San Francisco, CA | $10K | 2022 |
| LifecampGENERAL SUPPORT | Morristown, NJ | $10K | 2022 |
| Oldwick Fire CompanyGENERAL SUPPORT | Oldwick, NJ | $10K | 2022 |
| Raitan Headwaters AssociationGENERAL SUPPORT | Gladstone, NJ | $5K | 2022 |
| Tewksbury Land TrustGENERAL SUPPORT | Oldwick, NJ | $3K | 2022 |
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