Article Iii-trust Under Will of John Glasson Areson

PENNINGTON, NJ EIN: 06-6537932

Financial Overview

From 2024 IRS Form 990-PF

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

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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 .

Who else does Article Iii-trust Under Will of John Glasson Areson fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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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

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

5states

Cities

BooneCaldwellCedar GroveEssex FellsFranconiaHillsideHolmdelLake PlacidLittle FallsMontclairPatersonSummitUniversity ParkWayneWest CaldwellWest Orange

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

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