Article Iii-trust Under Will of John Glasson Areson

PENNINGTON, NJ EIN: 06-6537932

Article Iii-trust Under Will of John Glasson Areson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 11 grants totaling $93K. Net investment income was $86K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-2.8% YoY

Annual Giving

$93K

-41.4% YoY

Grant Count

11

+10.0% YoY

Avg Grant Size

$8K

-46.7% YoY

About Article Iii-trust Under Will of John Glasson Areson

Based on IRS filings

Article Iii-trust Under Will of John Glasson Areson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 11 grants totaling $93K. Net investment income was $86K.

Ready to take the next step with Article Iii-trust Under Will of John Glasson Areson?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BooneCaldwellCedar GroveEssex FellsFranconiaHillsideHolmdelLake PlacidLittle FallsMontclairPatersonSummitUniversity ParkWayneWest CaldwellWest Orange

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$57K$114K$171K$228K20202021202220232024
Metric202420232022
Total Assets$1,320,278$1,358,911$1,510,836
Revenue$149,240$55,623$183,741
Expenses$187,873$207,549$61,207
Qualifying Distributions$124,554$167,891$28,569
Net Investment Income$86,176$18,365$160,504
Distributable Amount$88,589$85,740$85,474

Giving Over Time

Total grant dollars and number of grants per year

$0$40K$79K$119K$159K9 grants202014 grants202110 grants202210 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NORTHWOOD SCHOOL$20KCOMMUNITY FOOD BANK OF N…$15KCOMMUNITY CHURCH OF CEDA…$12KLAFAYETTE REGIONAL SCHOOL$11KSALVATION ARMY$10KPROFILE HIGH SCHOOL$7KPLANNED PARENTHOOD OF ME…$5KVNA HOSPICE$5KAUTISM SPEAKS$4KST PETERS EPISCOPAL CHAU…$3K

Grant Size Distribution

54 grants across all recorded years

53<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

FREDERICK C FERGUSONTRUSTEE$10KCRAIG C LARSONTRUSTEE$5KAUDREY NEVINSTRUSTEE$4K

From 2024 filing

NameTitleHoursCompensation
FREDERICK C FERGUSONTRUSTEE1$9,786
CRAIG C LARSONTRUSTEE1$5,054
AUDREY NEVINSTRUSTEE1$4,000

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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