Edison Innovation
TO PRESERVE AND PROMOTE THE HISTORICAL FACILITIES AND PAPERS OF THOMAS EDISON WHERE AND IN WHICH HE INVENTED THE PRODUCTS THAT SHAPED THE MODERN WORLD;TO BENEFIT ALL STUDENTS PROVIDING THE NECESSARY SKILLS TO PURSUE CAREERS IN SCIENCE AND TECHNOLOGY.
Key facts about Edison Innovation
- EIN
- 22-3442892
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $12,500
- Grants made (2024)
- 1
- Average grant
- $12,500
- Median grant
- $12,500
- Total assets
- $2,467,197
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Edison Innovation gives
- Giving fell 50% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Edison Innovation
- How to evaluate Edison Innovation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Edison Innovation with AI
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+15.6% YoY
Annual Giving
$13K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$13K
+0.0% YoY
About Edison Innovation
Based on IRS filings
Edison Innovation is a nonprofit organization focused on Arts, Culture & Humanities, based in Newark, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 1 grant totaling $13K. Net investment income was $189K.
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
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,467,197 | $2,133,476 | $2,149,726 |
| Revenue | $940,418 | $621,683 | $755,080 |
| Expenses | $684,173 | $707,143 | $679,442 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $188,618 | $98,083 | $124,580 |
| Distributable Amount | — | — | — |
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
3 open opportunities from Edison Innovation
Charles Edison Fund - Edison Fellowships
Edison Innovation
Amount
$1,099,754 base fund (historical); example fellowship: approximately $150,000+ initial grant
Deadline
Rolling / Open
Thomas Edison Pitch Contest
Edison Innovation
Amount
Makers Kit (value $200) + $300 Teacher/Mentor Stipend per participant
Deadline
Rolling / Open
TOMMY Awards (Edison Innovation Awards)
Edison Innovation
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include New Jersey Hall of Fame ($12,500).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW JERSEY HALL OF FAME Newark, NJ | TO SUPPORT MUSEUM | $12,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John P Keegan | Chairman,Pres | 30 | $203,500 |
| Thomas Ungerland | Exec Vice Pres | 20 | $82,500 |
| George Q Keegan | Treasurer/Secr | 2 | $24,860 |
| Wade Knowles | Vice President | 1 | $11,660 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Edison Innovation?
Edison Innovation is a nonprofit organization focused on Arts, Culture & Humanities, based in Newark, NJ. It holds $2.5M in total assets as of 2024.
How large is Edison Innovation?
As of 2024, Edison Innovation holds $2.5M in total assets with $940K in annual revenue. It awarded 1 grant totaling $13K in 2024.
Where does Edison Innovation operate?
Edison Innovation has awarded grants in New Jersey.
What size grants does Edison Innovation award?
In 2024, Edison Innovation awarded 1 grant totaling $13K — an average of about $13K per grant, based on its IRS Form 990 filings.
What is Edison Innovation's EIN?
Edison Innovation's EIN (Employer Identification Number) is 22-3442892. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Edison Innovation's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.