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

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

No grants recorded for .

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

Related Funders

Similar funders by location and focus area

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

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