Charles Edison Fund
Charles Edison Fund is a private foundation focused on Arts and culture, based in Newark, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.1M in total assets. In 2024, it awarded 1 grant totaling $851K. Net investment income was $1.0M.
Key facts about Charles Edison Fund
- EIN
- 22-1514861
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $851,330
- Grants made (2024)
- 1
- Average grant
- $851,330
- Median grant
- $851,330
- Total assets
- $11,052,950
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Charles Edison Fund gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2024 it paid out 263% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Charles Edison Fund
- How to evaluate Charles Edison Fund as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.1M
-6.6% YoY
Annual Giving
$851K
+28.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$851K
+28.7% YoY
Under IRS private-foundation payout rules, Charles Edison Fund reported a distributable amount of $841K for 2024 — the minimum it must pay out in qualifying distributions.
About Charles Edison Fund
Based on IRS filings
Charles Edison Fund is a private foundation focused on Arts and culture, based in Newark, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.1M in total assets. In 2024, it awarded 1 grant totaling $851K. Net investment income was $1.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,052,950 | $11,835,719 | $12,991,462 |
| Revenue | $1,764,149 | $1,216,140 | $1,818,764 |
| Expenses | $2,637,116 | $2,442,723 | $2,452,612 |
| Qualifying Distributions | $2,215,812 | $2,016,907 | $2,140,081 |
| Net Investment Income | $1,035,403 | $543,913 | $726,266 |
| Distributable Amount | $840,955 | $772,777 | $826,581 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Open Grants
1 open opportunity from Charles Edison Fund
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include See Schedule Attached ($851,330).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE SCHEDULE ATTACHED Per Schedule, NJ | SEE SCHEDULE ATTACHED | $851,330 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J Keegan | Pres. TREA. TRT | 35 | $223,300 |
| L Lalicata | Curator | 35 | $113,750 |
| Wade Knowles | Trustee/Comm | 2 | $14,050 |
| J Schullinger | Trtee CO CHAIR | 13 | — |
| Jennifer Gonring Alpin | Trustee/Comm | 2 | $14,050 |
| Jack Howley | Trustee | 2 | $14,050 |
| T Smoot | Trustee/Comm | 4 | — |
| J O'Shea | Trustee/Chair | 4 | $38,500 |
| T Ungerland | (3)Chair-Truste | 20 | $55,000 |
| George Keegan | Trustee/CONSULT | 2 | $24,860 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Charles Edison Fund?
Charles Edison Fund is a private foundation focused on Arts and culture, based in Newark, NJ. It holds $11.1M in total assets as of 2024.
How large is Charles Edison Fund?
As of 2024, Charles Edison Fund holds $11.1M in total assets with $1.8M in annual revenue. It awarded 1 grant totaling $851K in 2024.
Where does Charles Edison Fund operate?
Charles Edison Fund has awarded grants in New Jersey.
What size grants does Charles Edison Fund award?
In 2024, Charles Edison Fund awarded 1 grant totaling $851K — an average of about $851K per grant, based on its IRS Form 990 filings.
How much is Charles Edison Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles Edison Fund reported a distributable amount of $841K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Charles Edison Fund's EIN?
Charles Edison Fund's EIN (Employer Identification Number) is 22-1514861. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.