Albert Payson Terhune Foundation

VERONA, NJ EIN: 22-6072388

Education Environment Domesticated animals Human services

Albert Payson Terhune Foundation is a private foundation focused on Education, based in VERONA, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $281K in total assets. In 2024, it awarded 8 grants totaling $7K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$281K

+3.6% YoY

Annual Giving

$7K

-55.4% YoY

Grant Count

-52.9% YoY

Avg Grant Size

$884.375

-5.2% YoY

Under IRS private-foundation payout rules, Albert Payson Terhune Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Albert Payson Terhune Foundation

Based on IRS filings

Focus Areas

Education Environment Domesticated animals Human services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $79K (96%)

New York $2K (2%)

Pennsylvania $775 (1%)

Maine $600 (1%)

States

Maine New Jersey New York Pennsylvania

Cities

Bay HeadClintonCutchogueEast HanoverLittle FallsMeadvilleMillingtonMontclairMorristownPatersonShort HillsSouth BristolVeronaWayneWyckoff

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$281,433	$271,545	$299,483
Revenue	$23,179	$-1,779	$167,054
Expenses	$13,291	$26,159	$21,107
Qualifying Distributions	$7,575	$18,451	$15,463
Net Investment Income	$16,846	—	$161,410
Distributable Amount	$13,934	$13,457	$12,138

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

69 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Montclair State Univ ($3,500), Montclair Public Library ($1,500), Oasis ($1,200).

Recipient	Purpose	Amount
MONTCLAIR STATE UNIV MONTCLAIR, NJ	FUNDING FOR THE A.P. TERHUNE JOURNALISM LECTURE PROGRAM-OPEN TO THE PUBLIC AND FOR THE A.P. TERHUNE JOURNALIST-IN-RESIDENCE PROGRAM	$3,500
OASIS PATERSON, NJ	FUND INSTRUCTOR FOR MIDDLE SCHOOL WRITERS WORKSHOP	$1,200
VERONA PUBLIC LIBRARY VERONA, NJ	LIBRARY AWARD TO SUPPORT THE EDUCATIONAL PURPOSES OF THE LIBRARY	$175
WYCKOFF PUBLIC LIBRARY WYCKOFF, NJ	LIBRARY AWARD TO SUPPORT THE EDUCATIONAL PURPOSES OF THE LIBRARY	$175
CUTCHOGUE-NEW SUFFOLK FREE LIBRARY CUTCHOGUE, NY	LIBRARY AWARD TO SUPPORT THE EDUCATIONAL PURPOSES OF THE LIBRARY	$175
MONTCLAIR KIMBERLY ACADEMY MONTCLAIR, NJ	LIBRARY AWARD TO SUPPORT THE EDUCATIONAL PURPOSES OF THE LIBRARY	$175
HAMILTON COLLEGE CLINTON, NY	LIBRARY RESOURCES	$175
MONTCLAIR PUBLIC LIBRARY MONTCLAIR, NJ	LIBRARY RESOURCES	$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CLIFFORD F LINDHOLM III	President	—	—
BRETT STRATEN	Treasurer	—	—
ANN MC CARTHY	Secretary	—	—
KATHLEEN WESSLING	Vice President	—	—
JOAN BARRETT	Trustee	—	—
SCOTT M RYAN	Trustee	—	—

Subject Areas

Focus areas based on grantmaking activity

Education Environment Domesticated animals Human services

Frequently Asked Questions

What is Albert Payson Terhune Foundation?

Albert Payson Terhune Foundation is a private foundation focused on Education, based in VERONA, NJ. It holds $281K in total assets as of 2024.

How large is Albert Payson Terhune Foundation?

As of 2024, Albert Payson Terhune Foundation holds $281K in total assets with $23K in annual revenue. It awarded 8 grants totaling $7K in 2024.

Where does Albert Payson Terhune Foundation operate?

Albert Payson Terhune Foundation has awarded grants in Maine, New Jersey, New York, Pennsylvania.

What size grants does Albert Payson Terhune Foundation award?

In 2024, Albert Payson Terhune Foundation awarded 8 grants totaling $7K — an average of about $884.375 per grant, based on its IRS Form 990 filings.

How much is Albert Payson Terhune Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Albert Payson Terhune Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Albert Payson Terhune Foundation's EIN?

Albert Payson Terhune Foundation's EIN (Employer Identification Number) is 22-6072388. IRS Form 990 filing data is available on this page for 2020–2024.