Charles Edison Fund

NEWARK, NJ EIN: 22-1514861

Arts and culture Museums Historical activities Historic preservation Education

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 grants totaling $851K. Net investment income was $1.0M.

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

+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

Focus Areas

Arts and culture Museums Historical activities Historic preservation Education

Ready to take the next step with Charles Edison Fund?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $3.9M (100%)

States

New Jersey

Cities

Per Schedule

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

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

Foundation

Charles Edison Fund Grant

CHARLES EDISON FUND

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest 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 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

Arts and culture Museums Historical activities Historic preservation Education

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 grants 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 grants 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.