Carl and Mary Gross Family Foundation
Carl and Mary Gross Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREEHOLD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $261K in total assets. In 2024, it awarded 25 grants totaling $147K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$261K
+3.5% YoY
Annual Giving
$147K
-12.0% YoY
Grant Count
25
+25.0% YoY
Avg Grant Size
$6K
-29.6% YoY
Under IRS private-foundation payout rules, Carl and Mary Gross Family Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Carl and Mary Gross Family Foundation
Based on IRS filings
Carl and Mary Gross Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREEHOLD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $261K in total assets. In 2024, it awarded 25 grants totaling $147K. Net investment income was $5K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $261,287 | $252,477 | $417,095 |
| Revenue | $180,704 | $8,052 | $347,002 |
| Expenses | $171,893 | $172,670 | $91,306 |
| Qualifying Distributions | $147,440 | $167,536 | $91,136 |
| Net Investment Income | $5,460 | $2,933 | $337,576 |
| Distributable Amount | $11,653 | $16,777 | $18,636 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Chabad of the Shore ($37,800), Lev Chabad ($18,500), The Trustees of the University of Penn ($17,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Chabad of Freehold FREEHOLD, NJ | Unrestricted | $2,500 |
| Chabad of the Shore Long Branch, NJ | Unrestricted | $37,800 |
| Jewish Federation in the Heart of NJ South River, NJ | Unrestricted | $15,500 |
| Simon Wiesenthal Center LOS ANGELES, CA | Unrestricted | $500 |
| The Arc of Monmouth Tinton Falls, NJ | Unrestricted | $6,000 |
| United States Holocaust Memorial Museum WASHINGTON, DC | Unrestricted | $2,000 |
| Valley Forge Military Academy and College Wayne, PA | Unrestricted | $1,000 |
| JHMOMC Freehold, NJ | Unrestricted | $360 |
| Mercy Center Asbury Park, NJ | Unrestricted | $330 |
| The Trustees of the University of Penn Philadelphia, PA | Unrestricted | $17,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARL GROSS | TRUSTEE | 0.01 | — |
| MARY GROSS | TRUSTEE | 0.01 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Carl and Mary Gross Family Foundation?
Carl and Mary Gross Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREEHOLD, NJ. It holds $261K in total assets as of 2024.
How large is Carl and Mary Gross Family Foundation?
As of 2024, Carl and Mary Gross Family Foundation holds $261K in total assets with $181K in annual revenue. It awarded 25 grants totaling $147K in 2024.
Where does Carl and Mary Gross Family Foundation operate?
Carl and Mary Gross Family Foundation has awarded grants in California, District of Columbia, Massachusetts, Michigan, Nebraska, New Jersey, New York, Pennsylvania, Texas, Washington.
What size grants does Carl and Mary Gross Family Foundation award?
In 2024, Carl and Mary Gross Family Foundation awarded 25 grants totaling $147K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Carl and Mary Gross Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carl and Mary Gross Family Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Carl and Mary Gross Family Foundation's EIN?
Carl and Mary Gross Family Foundation's EIN (Employer Identification Number) is 22-6869696. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Carl and Mary Gross Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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