Funder DirectoryFOSTER KARNEY TRUST FUND
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Private foundation (trust)EIN 226441627Est. 1988-11

FOSTER KARNEY TRUST FUND

OCEAN CITY, NJ 08226

Total Assets

$4.9M

FY 2024

Annual Giving

$206K

FY 2024

Grants Made

22

FY 2024

Avg Grant

$9K

FY 2024

Grant Range

$1K–$24K

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$237K

Total Expenses

$214K

Qualifying Distributions

$206K

Distributable Amount

$235K

Min. Investment Return

$237K

Undistributed Income

$218K

Payout rate 88%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.88%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

22 grants

Grant sizes from minimum $1K through median $5K to maximum $24K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

6 years

Giving over time from 2018 to 2024. Peak $212K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

151 grants

OC HIGH SCHOOL SCHOLARSHIPS
$120K
6 grants
SUNSHINE FOUNDATION
$101K
6 grants
AMERICAN LEGION AUXILIARY POST 524
$93K
6 grants
RANCH HOPE INC
$80K
5 grants
AMERICAN LEGION POST 524
$64K
5 grants
JOHN R ELLIOTT HERO CAMPAGNE
$63K
6 grants
CASA
$51K
6 grants
SHORE MEDICAL CENTER
$42K
2 grants

Grant Size Distribution

151 grants

<$10K
113
grants
$10–50K
38
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

3 states

New Jersey
$1.0M
89% of total
Pennsylvania
$116K
10% of total
Virginia
$5K
0% of total

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FOSTER KARNEY TRUST FUND — Grants, Financials & Contact | Grantivo