Devils Care Foundation Inc

NEWARK, NJ EIN: 20-1776119

Devils Care Foundation Inc is a private grantmaking foundation based in Newark, New Jersey. Established in 2005, the organization holds 501(c)(3) tax-exempt status and operates as a private foundation focused on philanthropic giving to other nonprofits.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$341K

-25.1% YoY

Annual Giving

$468K

+74.5% YoY

Grant Count

39

+56.0% YoY

Avg Grant Size

$12K

+11.9% YoY

Under IRS private-foundation payout rules, Devils Care Foundation Inc reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation provides general support to nonprofits across various sectors. Recent grantmaking demonstrates a focus on youth development, community services, and arts/music education through its support of organizations working in these areas.

Grantmaking

The foundation provides unrestricted grants to support organizations' exempt purposes. Average and median grant amounts are not publicly detailed in available sources.

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated in New Jersey, with a particular emphasis on Newark-based organizations and initiatives serving the state's communities.

Grant Distribution by State

8states

Cities

Asbury ParkBellevilleBelmarBloomfieldBronxBrooklynDarienDenverEast OrangeFairfieldFlandersHackensackHo Ho KusHobokenHohokusJersey CityLawrencevilleLexingtonLivingstonLos Angeles

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2024:

  • Total Assets: $340,586
  • Total Revenues: $768,096
  • Total Expenses: $908,846
  • Total Liabilities: $213,000

The organization's expenses exceeded revenues in 2024, resulting in a net deficit for the year.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$254K$509K$763K$1M20202021202220232024
Metric202420232022
Total Assets$340,586$455,005$365,426
Revenue$768,096$794,762$529,317
Expenses$908,846$722,586$604,741
Qualifying Distributions$480,226$279,004$290,585
Net Investment Income
Distributable Amount$17,825$21,354$13,928

Giving Over Time

Total grant dollars and number of grants per year

$0$123K$246K$369K$491K19 grants202011 grants202133 grants202225 grants202339 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DEVILS YOUTH FOUNDATION$107KUNITED COMMUNITY CORPORA…$60KOVER UNDER INITIATIVE$30KST JOHN'S CHURCH SOUP KI…$14KURBAN SEEDS GROW$13KYOUTH FOUNDATION OF JERS…$11KHOCKEY IN NEW JERSEY$10KCLARA MAASS MEDICAL CENT…$10KBOYS AND GIRLS CLUB OF N…$10KCOVENANT HOUSE NEW JERSEY$10K

Grant Size Distribution

127 grants across all recorded years

120<$50K1$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Devils Youth Foundation ($107,282), United Community Corporation ($60,000), Over Under Initiative ($30,000).

RecipientPurposeAmount
AAPI MONTCLAIR INC MONTCLAIR, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$7,019
AFTER-SCHOOL ALL-STARS NJ NEWARK, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$2,387
AMERICAN RED CROSS FAIRFIELD, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$6,670
ATLANTIC AMATEUR HOCKEY ASSOCIATION RIDGEWOOD, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$8,745
BOYS AND GIRLS CLUB OF NEWARK NEWARK, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$10,000
BRAVEN INC NEWARK, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$5,193
CARNEGIE INITIATIVE LEXINGTON, MAUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$5,138
CLARA MAASS MEDICAL CENTER FOUNDATION OCEANPORT, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$10,125
COVENANT HOUSE NEW JERSEY NEWARK, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$10,000
DEVILS YOUTH FOUNDATION NEWARK, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$107,282

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAKE REYNOLDSPRESIDENT1
DAVID COLLINSTREASURER1
BRAD SHRONSECRETARY1
CHRISTINE STEINBERGMEMBER AT LARGE1
NATASHA MOODYMEMBER1
KATE WHITMAN ANNISEXECUTIVE DIRECTOR5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Devils Care Foundation Inc fund?

The foundation provides general support to nonprofits across various sectors. Recent grantmaking demonstrates a focus on youth development, community services, and arts/music education through its support of organizations working in these areas.

How do I apply for a grant from Devils Care Foundation Inc?

**Recent Grant Activity (2024):** • Total giving: $467,906 • Number of grants: 29 • Notable recent grants include: • Devils Youth Foundation: $107,282 • United Community Corporation (UCC): $60,000 • Over Under Initiative: $30,000 The foundation provides unrestricted grants to support organizations' exempt purposes. Average and median grant amounts are not publicly detailed in available sources.

Where does Devils Care Foundation Inc make grants?

The foundation's grantmaking is concentrated in New Jersey, with a particular emphasis on Newark-based organizations and initiatives serving the state's communities.

What size grants does Devils Care Foundation Inc award?

In 2024, Devils Care Foundation Inc awarded 39 grants totaling $468K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Devils Care Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Devils Care Foundation Inc reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Devils Care Foundation Inc's EIN?

Devils Care Foundation Inc's EIN (Employer Identification Number) is 20-1776119. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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