Holmes Family Foundation Inc
Holmes Family Foundation Inc is a private independent foundation established in November 2004 and based in Pennington, New Jersey. Designated as a 501(c)(3) organization, it operates as a grantmaking foundation focused on philanthropic activities across multiple states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.6M
+18.8% YoY
Grant Count
17
+30.8% YoY
Avg Grant Size
$95K
-9.1% YoY
Mission & Focus Areas
The foundation's mission is to provide lasting change and stability by focusing on long-term solutions and the needs of families in their community.
Primary funding focus areas include:
- Education – Higher education, university education, early childhood education, and trade & technical education
- Health – In-patient medical care, hospital care, and mental health initiatives
- Religion – Christianity-focused programs
- Human Services – Youth development, youth services, scouting programs, family unity and cohesion programs, and access to health services
- Community – Veterans and first responders support, and advocacy
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$10,000 to $400,000
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Geographic Focus
Where this funder awards grants
The foundation supports initiatives across multiple U.S. states, with primary focus areas including:
- New Jersey
- New York
- Tennessee
- Additional support in states including Pennsylvania, Georgia, New Mexico, and Washington, D.C.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $26.4 million
- Total revenue: $1.75 million
- Total expenses: $1.88 million
- Total liabilities: $0
- Total giving: $1.61 million
Historical trend (2022-2024):
- Assets have remained relatively stable, ranging from $26.4M to $26.9M
- Annual giving has fluctuated between $1.3M and $1.6M
- The foundation maintains a conservative spending approach relative to its asset base
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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 10 recipients in 2024
Grant Size Distribution
62 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Stephen P. Holmes – President
- Bonnie L. Holmes – Vice President and Secretary
Both leaders serve on a voluntary basis without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN P HOLMES | PRESIDENT | 1 | — |
| BONNIE L HOLMES | VP & SEC | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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