Advance Realty Foundation Inc

BEDMINSTER, NJ EIN: 22-2790422

Advance Realty Foundation Inc is a private foundation focused on Arts and culture, based in BEDMINSTER, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $38K in total assets. In 2024, it awarded 13 grants totaling $17K. Net investment income was $608.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$38K

+715.0% YoY

Annual Giving

$17K

-74.7% YoY

Grant Count

13

+44.4% YoY

Avg Grant Size

$1K

-82.5% YoY

Under IRS private-foundation payout rules, Advance Realty Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About Advance Realty Foundation Inc

Based on IRS filings

Advance Realty Foundation Inc is a private foundation focused on Arts and culture, based in BEDMINSTER, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $38K in total assets. In 2024, it awarded 13 grants totaling $17K. Net investment income was $608.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AndoverArlingtonAsbury ParkBernardsvilleBridgewaterEast HanoverEast RutherfordEdisonHarrisonHatboroHerndonHillsideLevittownLinwoodMadisonManasquanMemphisMendhamMendham BoroughMillburn

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$55K$83K$111K20202021202220232024
Metric202420232022
Total Assets$38,070$4,671$22,934
Revenue$50,758$50,001$4
Expenses$13,386$58,264$19,222
Qualifying Distributions$17,233$68,114$34,031
Net Investment Income$608
Distributable Amount$1,580$577$2,128

Giving Over Time

Total grant dollars and number of grants per year

$0$17K$34K$51K$68K9 grants20208 grants20218 grants20229 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SAINT VINCENT ACADEMY$10KNAIOP Research Foundation$1KMOUNTAINEER BOOSTER CLUB$1KMONMOUTH UNIVERSITY$1KMATHENY$1KPILLAR CARE CONTNUUM$1KBIG BROTHERS BIG SISTERS…$527NJCASA$500ST JUDE$500OAK RIDGE PRESBYERIAN CH…$300

Grant Size Distribution

47 grants across all recorded years

47<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Saint Vincent Academy ($10,000), NAIOP Research Foundation ($1,000), Mountaineer Booster Club ($1,000).

RecipientPurposeAmount
NAIOP Research Foundation Herndon, VAProgram Service$1,000
MOUNTAINEER BOOSTER CLUB BERNARDSVILLE, NJPROGRAM SERVICE$1,000
MONMOUTH UNIVERSITY WEST LONG BRANCH, NJPROGRAM SERVICE$1,000
LEVITTOWN AMERICAN BASEBALL & SOFTBALL LEAGUE LEVITTOWN, PAPROGRAM SERVICE$150
GIRL SCOUTS HEART OF NEW JERSEY NORTH BRANCH, NJPROGRAM SERVICE$125
NJCASA TRENTON, NJPROGRAM SERVICE$500
MATHENY PEAPACK, NJPROGRAM SERVICE$1,000
OAK RIDGE PRESBYERIAN CHURCH Oak Ridge, NJPROGRAM SERVICE$300
PILLAR CARE CONTNUUM EAST HANOVER, NJPROGRAM SERVICE$1,000
STATE TROOPERS FRATERNAL ORGANIZATION MANASQUAN, NJPROGRAM SERVICE$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PETER J COCOZIELLOPRESIDENT P/T
SHARON COCOZIELLOTRUSTEE P/T
KURT PADAVANOTRUSTEE P/T
ALLAN HOFMANNTREASURER P/T

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Advance Realty Foundation Inc?

Advance Realty Foundation Inc is a private foundation focused on Arts and culture, based in BEDMINSTER, NJ. It holds $38K in total assets as of 2024.

How large is Advance Realty Foundation Inc?

As of 2024, Advance Realty Foundation Inc holds $38K in total assets with $51K in annual revenue. It awarded 13 grants totaling $17K in 2024.

Where does Advance Realty Foundation Inc operate?

Advance Realty Foundation Inc has awarded grants in California, New Jersey, New York, Pennsylvania, Tennessee, Virginia.

What size grants does Advance Realty Foundation Inc award?

In 2024, Advance Realty Foundation Inc awarded 13 grants totaling $17K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Advance Realty Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Advance Realty Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Advance Realty Foundation Inc's EIN?

Advance Realty Foundation Inc's EIN (Employer Identification Number) is 22-2790422. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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