Joy Street Foundation
Joy Street Foundation is a private foundation based in New Vernon, New Jersey. Its 2024 filing is marked as a final return, indicating that it appears to have wound down or stopped grantmaking.
Joy Street Foundation at a glance
In short: Joy Street Foundation gave $2.4M across 10 grants in 2024 (avg $238K), top state New Jersey. 40% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,378,628
- +1951.4% vs 2023
- Grants made (2024)
- 10
- -50.0% vs 2023
- Average grant
- $237,863
- +4002.9% vs 2023
- Median grant
- $20,000
- New grantees (estimate)
- 40% first-time grantees (4 of 10, 2024; small sample)
- Primary geography
- New Jersey (49% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Joy Street Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation says it does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Its filing provides no application process or materials.
- Contact
Mailing address: PO Box 486, New Vernon, NJ 07976
Phone: (908) 295-5691
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Joy Street Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Childrens Foundation of NJ the Kimber 3 Family Fund ($1.1M). Together the top 10 received $2.4M.
Grant Size Distribution
89 grants across all recorded years
The most common grant size was under $50K: 84 grants of 89 (94%).
Geographic Focus
Where this funder awards grants
In 2024, 49% of grant dollars went to recipients in New Jersey, 45% to Delaware, 5% to Massachusetts, and less than 1% to Florida.
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
Cities
Is Joy Street Foundation open to new grantees?
40%
first-time grantees, 2024
In 2024, 4 of 10 grantees (40%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. 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 grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $112K (2021) to $2.4M (2024). In 2024 it made 10 grants totaling $2.4M.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | $145,490 | $2,400,095 | $2,378,628 | 10 | $2,378,628 | $144,206 | $105,626 |
| 2023 | $1,952,581 | $88,016 | $142,240 | $115,950 | 20 | $115,950 | $74,675 | $104,150 |
| 2022 | $2,004,666 | $295,225 | $161,707 | $140,450 | 19 | $140,450 | $284,902 | $107,947 |
| 2021 | $1,866,358 | $104,299 | $135,084 | $112,125 | 20 | $112,125 | $96,808 | $118,634 |
| 2020 | $1,900,667 | $118,971 | $154,026 | $134,975 | 20 | — | $103,516 | $104,634 |
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.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included organizations whose own missions concern preschool education, health care, youth projects and scholarships, and services for families experiencing or at risk of homelessness. For example, Friends of Chilmark Pre-School says it supports preschool education in three Martha’s Vineyard communities, while Overlook Foundation says it advances high-quality health care through Overlook Medical Center. MV Youth says it supports youth capital projects and scholarships on Martha’s Vineyard. Family Promise says it works to prevent and end homelessness for families with children.
Grantmaking
In 2024, the foundation reported 10 grants totaling $2,378,628. Grant amounts ranged from $5,000 to $1,081,814, with a median of $20,000. The two largest grants were $1,081,814 each: one to the Children’s Foundation of NJ The Kimber 3 Family Fund in Morristown, New Jersey, and one to Goldman Sachs Philanthropy Fund Kimber McDonald Family Fund in Wilmington, Delaware. Other grants included $100,000 to Friends of Chilmark Preschool, $50,000 to Overlook Foundation, $25,000 to MV Youth, and $15,000 to the Foundation for Morristown Medical Center.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Warren S Kimber III and Kathryn R Kimber as trustees.
Joy Street Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kathryn R. Kimber
Trustee
On filings since 2020
No compensation reported
Warren S. Kimber III
Trustee
On filings since 2020
No compensation reported
Former officers (1)
- Former: Barbara R. Kimber (2020–2023) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Joy Street Foundation
How much does Joy Street Foundation give each year?
Joy Street Foundation gave $2.4M across 10 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $116K across 20 grants.
What is Joy Street Foundation's typical grant size?
Joy Street Foundation's median grant in 2024 was $20,000, and its average grant was $237,863, across 10 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Joy Street Foundation that year got $572K on average.
Where does Joy Street Foundation give grants?
Joy Street Foundation's top state is New Jersey, with 49% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Delaware (45%) and Massachusetts (5%). The most frequent recipient cities were Morristown, NJ (3 grants), Chilmark, MA (2 grants) and Summit, NJ (2 grants).
Does Joy Street Foundation give general operating support?
Yes: 90% of Joy Street Foundation's 2024 grants with a stated purpose (9 of 10) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Joy Street Foundation's largest grantees?
Joy Street Foundation's largest 2024 grantees include Childrens Foundation of NJ the Kimber 3 Family Fund ($1,081,814), Goldman Sachs Philanthropy Fundkimbermcdonald Family Fund ($1,081,814) and Friends of Chilmark Preschool ($100,000), according to its 2024 IRS Form 990-PF. Together they received 95% of its itemized 2024 grant dollars.
What does Joy Street Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included organizations whose own missions concern preschool education, health care, youth projects and scholarships, and services for families experiencing or at risk of homelessness. See mission & focus areas ↑
How do I apply for a grant from Joy Street Foundation?
The foundation says it does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Joy Street Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Joy Street Foundation funds
Human Services Open opportunities, soonest deadline first.
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Browse active grant opportunities in Joy Street Foundation's focus areas in our free grants database
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Figures come from Joy Street Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Joy Street Foundation down — hundreds of funders to go?