Frank and Louise Groff Foundation
Frank and Louise Groff Foundation is a private foundation, based in LONG BRANCH, NJ. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $387K in total assets. In 2022, it awarded 28 grants totaling $26K. Net investment income was $27K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$387K
+2.0% YoY
Annual Giving
$26K
+31.8% YoY
Grant Count
28
+27.3% YoY
Avg Grant Size
$932.143
+3.6% YoY
Under IRS private-foundation payout rules, Frank and Louise Groff Foundation reported a distributable amount of $19K for 2022 — the minimum it must pay out in qualifying distributions.
About Frank and Louise Groff Foundation
Based on IRS filings
Frank and Louise Groff Foundation is a private foundation, based in LONG BRANCH, NJ. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $387K in total assets. In 2022, it awarded 28 grants totaling $26K. Net investment income was $27K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $387,113 | $379,548 | $380,800 |
| Revenue | $33,736 | $25,145 | $13,399 |
| Expenses | $30,429 | $29,662 | $22,100 |
| Qualifying Distributions | $26,100 | — | — |
| Net Investment Income | $27,238 | $19,592 | $11,074 |
| Distributable Amount | $18,648 | $18,421 | $20,015 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2022
Grant Size Distribution
72 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Ashley Conway ($1,000), Brian Shorr ($1,000), Courtney Dunphy ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALYSSA REYES EATONTOWN, NJ | NURSING SCHOOL EXPENSES | $800 |
| AMANDA BRILL OLD BRIDGE, NJ | MEDICAL SCHOOL EXPENSES | $800 |
| AMY ZHENG SEA BRIGHT, NJ | MEDICAL SCHOOL EXPENSES | $800 |
| ASHLEY CONWAY NEWARK, NJ | MEDICAL SCHOOL EXPENSES | $1,000 |
| BRIAN SHORR MARLBORO, NJ | MEDICAL SCHOOL EXPENSES | $1,000 |
| COURTNEY DUNPHY FAIR HAVEN, NJ | MEDICAL SCHOOL EXPENSES | $1,000 |
| DINA COLLINS FREEHOLD, NJ | MEDICAL SCHOOL EXPENSES | $1,000 |
| EMILY CAHILL MIDDLETOWN, NJ | NURSING SCHOOL EXPENSES | $800 |
| IJEOMA UNACHUKWU MORGANVILLE, NJ | MEDICAL SCHOOL EXPENSES | $1,000 |
| JACLYN WOLD COLTS NECK, NJ | MEDICAL SCHOOL EXPENSES | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH JAEGER | PRESIDENT | 0.5 | — |
| JAYNE EDMAN | SECRETARY | 0.5 | — |
| PASTOR JASON TUCKER | TREASURER | 0.5 | — |
| PRANOY MOHAPATRA MHA | DIRECTOR OF EDUCATION ACTIVITIES | 0.5 | — |
| LOUIS MOORE | BOARD MEMBER | 0.5 | — |
Frequently Asked Questions
How large is Frank and Louise Groff Foundation?
As of 2022, Frank and Louise Groff Foundation holds $387K in total assets with $34K in annual revenue. It awarded 28 grants totaling $26K in 2022.
Where does Frank and Louise Groff Foundation operate?
Frank and Louise Groff Foundation has awarded grants in California, Florida, New Jersey, Rhode Island.
What size grants does Frank and Louise Groff Foundation award?
In 2022, Frank and Louise Groff Foundation awarded 28 grants totaling $26K — an average of about $932.143 per grant, based on its IRS Form 990 filings.
How much is Frank and Louise Groff Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Frank and Louise Groff Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frank and Louise Groff Foundation's EIN?
Frank and Louise Groff Foundation's EIN (Employer Identification Number) is 23-7082026. IRS Form 990 filing data is available on this page for 2020–2022.
Explore Open Grants
Browse active grant opportunities in Frank and Louise Groff Foundation'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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