Jos L Muscarelle Foundation Inc
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
-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.
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:
Ready to take the next step with Jos L Muscarelle Foundation Inc?
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
States
Cities
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.
| 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.
Explore Open Grants
Browse active grant opportunities in Jos L Muscarelle Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Verizon Foundation
BASKING RIDGE, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
T Rowe Price Program for Charitable
BALTIMORE, MD
Assets
$648.3M
Grants
2,900
Total Given
$132.5M
Community Foundation of New Jersey
MORRISTOWN, NJ
Assets
$1.0B
Grants
1,321
Total Given
$93.8M
Chubb Charitable Foundation
PHILADELPHIA, PA
Assets
$74.9M
Grants
3,719
Total Given
$6.3M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Aetna Foundation Inc
HARTFORD, CT
Assets
$16.6M
Grants
65
Total Given
$7.2M
Bristol-myers Squibb Foundation Inc
PRINCETON, NJ
Assets
$83.3M
Grants
144
Total Given
$67.7M
Shell Usa Company Foundation
HOUSTON, TX
Assets
$52.3M
Grants
4,650
Total Given
$16.0M
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
More Funders in New Jersey
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.