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.
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 grants totaling $13K. Net investment income was $189K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
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 | — | — | — |
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 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 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 grants 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 grants 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 April 2026. Sourced from IRS Form 990-PF filings.
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