Jos L Muscarelle Foundation Inc

MAYWOOD, NJ EIN: 22-6056924 Website

Mary type: exa:news title: Pelli Clarke Pelli selected to design expanded Muscarelle Museum of Art at William & Mary type: exa:news title: Longtime Supporters Generously Commit $2.5 Million to Benefit the Heart and Vascular Hospital at Hackensack Meridian Hackensack University Medical | Newswise

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.3M

+2.4% YoY

Annual Giving

$110K

+2.7% YoY

Grant Count

-18.2% YoY

Avg Grant Size

$6K

+25.5% YoY

Under IRS private-foundation payout rules, Jos L Muscarelle Foundation Inc reported a distributable amount of $127K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities focus primarily on:

Child development
Higher education

Grantmaking

The foundation made nine grants in fiscal year 2024 (ending June 2024), including:

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Geographic Focus

Where this funder awards grants

The foundation maintains a primary focus on New Jersey, as evidenced by grants to New Jersey-based healthcare and educational institutions.

Grant Distribution by State

New Jersey $355K (56%)

Virginia $113K (18%)

Tennessee $53K (8%)

New York $30K (5%)

Massachusetts $19K (3%)

Illinois $16K (2%)

Michigan $16K (2%)

Pennsylvania $12K (2%)

+3 more states

States

Florida Illinois Massachusetts Michigan Mississippi New Jersey New York Ohio Pennsylvania Tennessee Virginia

Cities

BethlehemBostonCharlottesvilleChicagoDemarestGarfieldHillsdaleIselinLawarencevilleLodiMemphisMiamiMontvaleNewarkNorthfieldOxfordPalm BeachParamusPatersonRamsey

Financial History

Multi-year comparison from IRS filings

Most Recent Data (Fiscal Year Ending June 2025)

Metric	Amount
Total Revenue	$196,654
Total Expenses	$140,948
Net Income	$55,706
Total Assets	$2,329,935
Total Liabilities	$5,750

Prior Year Data (Fiscal Year Ending June 2024)

Metric	Amount
Total Revenue	$459,720
Total Expenses	$137,801
Total Assets	$2,279,979

Revenue Sources

Investment income and dividends represent the primary revenue source, with $28,893 reported in fiscal year 2024 (down 6.7% from $30,977 in fiscal year 2023). The foundation receives no contributions or grants.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$2,335,685	$2,279,979	$1,958,060
Revenue	$196,654	$459,720	$-540,682
Expenses	$140,948	$137,801	$179,402
Qualifying Distributions	$112,921	$109,932	$148,832
Net Investment Income	$168,627	$431,851	$6,907
Distributable Amount	$126,845	$117,115	$104,155

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 2025

Grant Size Distribution

92 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Muscarelle Museum of Art ($50,000), Hackensack University Medical Center ($10,000), Fairleigh Dickinson Muscarelle Building Maintenance Fund ($7,500).

Recipient	Purpose	Amount
BASCOM PALMER EYE INSTITUTE MIAMI, FL	GENERAL OPERATING EXPENSES	$1,500
BRIGHAM AND WOMEN'S HOSPITAL BOSTON, MA	GENERAL OPERATING EXPENSES	$1,500
CATHOLIC CHARITIES OF NEWARK NEWARK, NJ	GENERAL OPERATING EXPENSES	$2,000
FAIRLEIGH DICKINSON MUSCARELLE BUILDING MAINTENANCE FUND TEANECK, NJ	GENERAL OPERATING EXPENSES	$7,500
HACKENSACK UNIVERSITY MEDICAL CENTER LODI, NJ	GENERAL OPERATING EXPENSES	$10,000
HILLSDALE COLLEGE HILLSDALE, MI	GENERAL OPERATING EXPENSES	$2,000
HOLY NAME HOSPITAL FOUNDATION TEANECK, NJ	GENERAL OPERATING EXPENSES	$2,500
MARGARET MUSCARELLE CHILD CARE CENTER GARFIELD, NJ	GENERAL OPERATING EXPENSES	$2,500
MISERICORDIA HEART OF MERCY CHICAGO, IL	GENERAL OPERATING EXPENSES	$1,500
MUSCARELLE MUSEUM OF ART WILLIAMSBURG, VA	GENERAL OPERATING EXPENSES	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
JL MUSCARELLE JR	PRESIDENT	1	—

Contact Information

Address: 99 W Essex St, Maywood, NJ 07607-1019
Telephone: 201-845-8100

Frequently Asked Questions

What does Jos L Muscarelle Foundation Inc fund?

The foundation's giving priorities focus primarily on: • Child development • Higher education

How do I apply for a grant from Jos L Muscarelle Foundation Inc?

The foundation made nine grants in fiscal year 2024 (ending June 2024), including: | Grantee | Purpose | Amount | |---------|---------|--------| | St Jude Children's Research Hospital | General Operating Expenses | $15,000 | | Foundation for University Hospital A New Jersey Nonprofit Corporation | General Operating Expenses | $10,000 | | Valley Hospital Foundation (VHF) | General Operating Expenses | $5,000 | The foundation distributed additional grants beyond those listed above, with a total o…

Where does Jos L Muscarelle Foundation Inc make grants?

The foundation maintains a primary focus on New Jersey, as evidenced by grants to New Jersey-based healthcare and educational institutions.

What size grants does Jos L Muscarelle Foundation Inc award?

In 2025, Jos L Muscarelle Foundation Inc awarded 18 grants totaling $110K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Jos L Muscarelle Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Jos L Muscarelle Foundation Inc reported a distributable amount of $127K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Jos L Muscarelle Foundation Inc's EIN?

Jos L Muscarelle Foundation Inc's EIN (Employer Identification Number) is 22-6056924. IRS Form 990 filing data is available on this page for 2020–2025.