Hidden Ponds Foundation Inc

Private foundation · Grantmaker New Vernon, NJ EIN: 22-3640312

Hidden Ponds Foundation Inc is a private foundation focused on Crime & Legal Related, based in New Vernon, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $80K in total assets. In 2025, it awarded 1 grant totaling $25K.

Hidden Ponds Foundation Inc at a glance

In short: Hidden Ponds Foundation Inc gave $25K across 1 grant in 2025 (avg $25K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$25,000
-28.6% vs 2024
Grants made (2025)
1
-50.0% vs 2024
Average grant
$25,000
+42.9% vs 2024
Median grant
$25,000
Total assets
$79,739
-24.1% vs 2024
Primary geography
New Jersey (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Hidden Ponds Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Foundation for Morristown Medical Center: $25KFoundation for MorristownMedical Center$25K

The largest 2025 recipient was Foundation for Morristown Medical Center ($25K).

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

MorristownCedar KnollsChathamRed Bank

How Hidden Ponds Foundation Inc gives

  • In 2025 it paid out 532% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K1 grant2020 2 grants2021 0 grants2022 2 grants2023 2 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $10K (2020) to $35K (2024). In 2025 it made 1 grant totaling $25K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Foundation for Morristown Medical Center Morristown, NJTo support the art therapy program in the er.$25,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2025$79,739—$25,304$25,0001$25,000$4,698
2024$105,043—$35,036$35,0002$35,000$6,046
2023$140,079—$20,030$20,0002$20,000$7,392
2022$160,109—$24———$7,887
2021$160,133$100,000$20,037$20,0002—$6,820
2020$80,170—$10,024$10,0001—$4,339

Under IRS private-foundation payout rules, Hidden Ponds Foundation Inc reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Hidden Ponds Foundation Inc is led by Carolyn J. Ferolito, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Carolyn J. Ferolito

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ciro Scalera

    Secretary & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • John M. Ferolito

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Hidden Ponds Foundation Inc

How much does Hidden Ponds Foundation Inc give each year?

Hidden Ponds Foundation Inc gave $25K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $35K across 2 grants.

How large is Hidden Ponds Foundation Inc?

Hidden Ponds Foundation Inc reported $80K in total assets on its 2025 IRS Form 990-PF. It paid out $25K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).

What is Hidden Ponds Foundation Inc?

Hidden Ponds Foundation Inc is a private foundation focused on Crime & Legal Related, based in New Vernon, NJ. It holds $80K in total assets as of 2025.

Where does Hidden Ponds Foundation Inc operate?

Hidden Ponds Foundation Inc has awarded grants in New Jersey.

What is Hidden Ponds Foundation Inc's EIN?

Hidden Ponds Foundation Inc's EIN (Employer Identification Number) is 22-3640312. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Hidden Ponds Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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