Joy Street Foundation is a private foundation based in New Vernon, New Jersey. The foundation has been tax-exempt since February 1998 and holds the EIN 22-6678567.
Key facts about Joy Street Foundation
- EIN
- 22-6678567
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,378,628
- Grants made (2024)
- 10
- Average grant
- $237,863
- Median grant
- $20,000
- New grantees (estimate)
- 40% first-time grantees (4 of 10, 2024)
- Primary geography
- New Jersey (49% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Joy Street Foundation funds
By grant dollars, the top recipient states for Joy Street Foundation's 10 itemized 2024 grants were New Jersey (49%), Delaware (45%) and Massachusetts (5%). The most frequent recipient cities were Morristown, NJ (3 grants), Chilmark, MA (2 grants) and Summit, NJ (2 grants). 90% of grants with a stated purpose were for general or operating support.
Is Joy Street Foundation open to new grantees?
40%
first-time grantees, 2024
In 2024, 4 of 10 grantees (40%) were first-time recipients. First grants averaged $572K; repeat grants $15K. How we count
Medians: $591K first-time, $8K repeat.
- 60% of 2024 grantees were also funded in 2023. Method
- Giving grew 2021% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Joy Street Foundation
- How to evaluate Joy Street Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$2.4M
+1951.4% YoY
Grant Count
10
-50.0% YoY
Avg Grant Size
$238K
+4002.9% YoY
Under IRS private-foundation payout rules, Joy Street Foundation reported a distributable amount of $106K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grant-making focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
Grantmaking
Joy Street Foundation makes grants primarily in New Jersey, Massachusetts, and Florida. Historical grant awards have ranged from $100 to $1,081,814. The foundation filed a final return as of 2024, indicating it is no longer actively making grants.
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Geographic Focus
Where this funder awards grants
The foundation's giving has primarily targeted New Jersey, Massachusetts, and Florida.
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $1.95 million
- Revenue: $88,000
- Expenses: $142,000
- Total Liabilities: $0
Historical Giving:
- Total giving (based on most recent 2024 filing): $2,378,628
The foundation's assets were reported as $0 in the most recent filing period, reflecting the final return status.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $1,952,581 | $2,004,666 |
| Revenue | $145,490 | $88,016 | $295,225 |
| Expenses | $2,400,095 | $142,240 | $161,707 |
| Qualifying Distributions | $2,378,628 | $115,950 | $140,450 |
| Net Investment Income | $144,206 | $74,675 | $284,902 |
| Distributable Amount | $105,626 | $104,150 | $107,947 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
89 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Childrens Foundation of NJ the Kimber 3 Family Fund ($1,081,814), Goldman Sachs Philanthropy Fundkimbermcdonald Family Fund ($1,081,814), Friends of Chilmark Preschool ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILDRENS FOUNDATION OF NJ THE KIMBER 3 FAMILY FUND Morristown, NJ | UNRESTRICTED | $1,081,814 |
| GOLDMAN SACHS PHILANTHROPY FUNDKIMBERMCDONALD FAMILY FUND Wilmington, DE | UNRESTRICTED | $1,081,814 |
| FRIENDS OF CHILMARK PRESCHOOL Chilmark, MA | UNRSTRICTED | $100,000 |
| OVERLOOK FOUNDATION Summit, NJ | UNRESTRICTED | $50,000 |
| MV YOUTH Chilmark, MA | UNRESTRICTED | $25,000 |
| FOUNDATION FOR MORRISTOWN MEDICAL CENTER Morristown, NJ | UNRESTRICTED | $15,000 |
| VERO COMMUNIQUE Vero Beach, FL | UNRESTRICTED | $10,000 |
| FAMILY PROMISE Summit, NJ | UNRESTRICTED | $5,000 |
| FAMILY SERVICE MORRIS COUNTY Morristown, NJ | UNRESTRICTED | $5,000 |
| THE CENETARY FUND Hackettstown, NJ | UNRESTRICTED | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is listed under the name "Kimber Warren S Jr Ewt Al Ttee," indicating trustee involvement.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Warren S Kimber III | Trustee | — | — |
| Kathryn R Kimber | Trustee | — | — |
Recent News & Activity
Recent developments and announcements
The foundation filed a final return in 2024, indicating the conclusion of its operations as an active grantmaking entity.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Joy Street Foundation fund?
The foundation's grant-making focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
How do I apply for a grant from Joy Street Foundation?
Joy Street Foundation makes grants primarily in New Jersey, Massachusetts, and Florida. Historical grant awards have ranged from $100 to $1,081,814. The foundation filed a final return as of 2024, indicating it is no longer actively making grants.
Where does Joy Street Foundation make grants?
The foundation's giving has primarily targeted New Jersey, Massachusetts, and Florida.
What size grants does Joy Street Foundation award?
In 2024, Joy Street Foundation awarded 10 grants totaling $2.4M — an average of about $238K per grant, based on its IRS Form 990 filings.
How much is Joy Street Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Joy Street Foundation reported a distributable amount of $106K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Joy Street Foundation's EIN?
Joy Street Foundation's EIN (Employer Identification Number) is 22-6678567. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.