Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey

NEWARK, NJ EIN: 20-0252405

Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWARK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $80.6M in total assets. In 2024, it awarded 1 grants totaling $3.3M. Net investment income was $2.4M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$80.6M

+4.3% YoY

Annual Giving

$3.3M

+9.1% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$3.3M

+9.1% YoY

Under IRS private-foundation payout rules, Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey reported a distributable amount of $3.9M for 2024 — the minimum it must pay out in qualifying distributions.

About Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey

Based on IRS filings

Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWARK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $80.6M in total assets. In 2024, it awarded 1 grants totaling $3.3M. Net investment income was $2.4M.

Ready to take the next step with Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Newark

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$14M20202021202220232024
Metric202420232022
Total Assets$80,593,053$77,272,715$61,165,342
Revenue$2,495,173$11,210,173$830,216
Expenses$3,877,093$3,675,142$3,624,198
Qualifying Distributions$4,202,295$4,262,436$4,826,889
Net Investment Income$2,412,372$1,768,581$1,615,397
Distributable Amount$3,935,446$3,136,796$3,185,907

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$5M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Various Organizations-In…$3.3M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M4$1–5M1$5M+

Open Grants

1 open opportunity from Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Various Organizations-Info Available Upon Request ($3,272,000).

RecipientPurposeAmount
Various Organizations-Info Available Upon Request Newark, NJVarious$3,272,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey?

Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWARK, NJ. It holds $80.6M in total assets as of 2024.

How large is Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey?

As of 2024, Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey holds $80.6M in total assets with $2.5M in annual revenue. It awarded 1 grants totaling $3.3M in 2024.

Where does Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey operate?

Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey has awarded grants in New Jersey.

What size grants does Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey award?

In 2024, Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey awarded 1 grants totaling $3.3M — an average of about $3.3M per grant, based on its IRS Form 990 filings.

How much is Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey reported a distributable amount of $3.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey's EIN?

Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey's EIN (Employer Identification Number) is 20-0252405. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Horizon Charitable Foundation Inc DBA Horizon Foundation of New Jersey's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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