Michael John Brown Memorial Fund

OCEAN CITY, NJ EIN: 22-3674497

Michael John Brown Memorial Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCEAN CITY, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $53K in total assets. In 2025, it awarded 3 grants totaling $8K. Net investment income was $4K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$53K

-8.0% YoY

Annual Giving

$8K

+33.3% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$3K

+33.3% YoY

Under IRS private-foundation payout rules, Michael John Brown Memorial Fund reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.

About Michael John Brown Memorial Fund

Based on IRS filings

Michael John Brown Memorial Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCEAN CITY, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $53K in total assets. In 2025, it awarded 3 grants totaling $8K. Net investment income was $4K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Mt Laurel TownshipPhiladelphiaVillanovaVineland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3K$6K$9K$11K202020212022202320242025
Metric202520242023
Total Assets$53,454$58,089$68,096
Revenue$5,718$-1,731$1,886
Expenses$10,330$8,250$5,190
Qualifying Distributions$1,925$1,820$1,785
Net Investment Income$4,343$1,666$1,853
Distributable Amount$3,032$3,389$3,673

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K0 grants20201 grants20211 grants20222 grants20233 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

ROWAN BURLINGTON COUNTY$3KTRUSTEES OF THE UNIVERSI…$3KCUMBERLAND COUNTY COLLEGE$2K

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Rowan Burlington County ($3,000), Trustees of the University of Pennsylvania ($3,000), Cumberland County College ($2,000).

RecipientPurposeAmount
CUMBERLAND COUNTY COLLEGE VINELAND, NJASSISTANCE TO STUDENTS$2,000
ROWAN BURLINGTON COUNTY MT LAUREL TOWNSHIP, NJASSISTANCE TO STUDENTS$3,000
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA PHILADELPHIA, PAASSISTANCE TO STUDENTS$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

VANESSA L MCCABETRUSTEE$500

From 2025 filing

NameTitleHoursCompensation
VANESSA L MCCABETRUSTEE2$500
FRANK CATERINATRUSTEE0.25

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Michael John Brown Memorial Fund?

Michael John Brown Memorial Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCEAN CITY, NJ. It holds $53K in total assets as of 2025.

How large is Michael John Brown Memorial Fund?

As of 2025, Michael John Brown Memorial Fund holds $53K in total assets with $6K in annual revenue. It awarded 3 grants totaling $8K in 2025.

Where does Michael John Brown Memorial Fund operate?

Michael John Brown Memorial Fund has awarded grants in New Jersey, Pennsylvania.

What size grants does Michael John Brown Memorial Fund award?

In 2025, Michael John Brown Memorial Fund awarded 3 grants totaling $8K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Michael John Brown Memorial Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Michael John Brown Memorial Fund reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Michael John Brown Memorial Fund's EIN?

Michael John Brown Memorial Fund's EIN (Employer Identification Number) is 22-3674497. IRS Form 990 filing data is available on this page for 2020–2025.

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

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