Armour-lewis Family Foundation

ALLENHURST, NJ EIN: 22-3476006

Armour-lewis Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALLENHURST, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.7M in total assets. In 2024, it awarded 5 grants totaling $300K. Net investment income was $127K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.7M

+9.0% YoY

Annual Giving

$300K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$60K

+0.0% YoY

Under IRS private-foundation payout rules, Armour-lewis Family Foundation reported a distributable amount of $261K for 2024 — the minimum it must pay out in qualifying distributions.

About Armour-lewis Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $600K (40%)

New York $600K (40%)

Pennsylvania $300K (20%)

States

New Jersey New York Pennsylvania

Cities

BurlingtonHobokenNew YorkPhiladelphia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,656,081	$5,188,737	$4,543,094
Revenue	$352,982	$277,745	$364,080
Expenses	$334,638	$331,656	$340,333
Qualifying Distributions	$303,973	$303,776	$303,854
Net Investment Income	$127,278	$98,078	$99,494
Distributable Amount	$261,017	$221,536	$228,337

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Masonic Charity Foundation ($60,000), Stevens Institute of Technology ($60,000), University of Pennslyvania ($60,000).

Recipient	Purpose	Amount
MASONIC CHARITY FOUNDATION BURLINGTON, NJ	SUPPORT	$60,000
STEVENS INSTITUTE OF TECHNOLOGY HOBOKEN, NJ	SUPPORT	$60,000
UNIVERSITY OF PENNSLYVANIA PHILADELPHIA, PA	SUPPORT	$60,000
UNION THEOLOGICAL SEMINARY NEW YORK, NY	SUPPORT	$60,000
WEILL CORNELL MEDICAL COLLEGE NEW YORK, NY	SUPPORT	$60,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LOUISE OUELETTE	TRUSTEE	—	$13,243
TARA L FALLON	TRUSTEE	—	$13,242

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Armour-lewis Family Foundation?

Armour-lewis Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALLENHURST, NJ. It holds $5.7M in total assets as of 2024.

How large is Armour-lewis Family Foundation?

As of 2024, Armour-lewis Family Foundation holds $5.7M in total assets with $353K in annual revenue. It awarded 5 grants totaling $300K in 2024.

Where does Armour-lewis Family Foundation operate?

Armour-lewis Family Foundation has awarded grants in New Jersey, New York, Pennsylvania.

What size grants does Armour-lewis Family Foundation award?

In 2024, Armour-lewis Family Foundation awarded 5 grants totaling $300K — an average of about $60K per grant, based on its IRS Form 990 filings.

How much is Armour-lewis Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Armour-lewis Family Foundation reported a distributable amount of $261K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Armour-lewis Family Foundation's EIN?

Armour-lewis Family Foundation's EIN (Employer Identification Number) is 22-3476006. IRS Form 990 filing data is available on this page for 2020–2024.