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Midland Foundation

NORTH BRANCH, NJ EIN: 22-2424471 Website

The Midland Foundation raises funds to support the programs and services of The Midland Corporation. The Foundation does so by grant writing, soliciting individual and corporate donations, estate and planned gifts, and revenue generated by special events. The Midland Foundation also works with scores of volunteers who wish to support Midland and our mission.The Midland Foundation is also the conduit for all Social Media, Public Relation and Press Releases related to significant events and promoting programs within The Midland Corporation.Midlands mission is to promote self-advocacy, personal achievement and foster independence for children and adults with intellectual and developmental disabilities by providing a choice and range of innovative programs, services and supports.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.3M

+11.9% YoY

Annual Giving

$569K

+203.2% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$284K

+203.2% YoY

About Midland Foundation

Based on IRS filings

Midland Foundation is a nonprofit organization focused on Education, based in NORTH BRANCH, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 2 grants totaling $569K. Net investment income was $222K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

North Branch

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$259K$518K$776K$1M20202021202220232024
Metric202420232022
Total Assets$3,259,042$2,913,384$2,591,554
Revenue$936,156$789,362$665,803
Expenses$940,988$494,104$660,268
Qualifying Distributions
Net Investment Income$222,415$23,939$93,750
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$142K$284K$427K$569K2 grants20202 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

MIDLAND SCHOOL$455KMIDLAND ADULT SERVICES$114K

Grant Size Distribution

10 grants across all recorded years

2<$50K$50–100K6$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

GAIL RUSSELLDEV. DIRECTOR$116K

From 2024 filing

NameTitleHoursCompensation
GREGG SWEETMANFINANCIAL DIREC40
SHAWN MCINERNEYPresident/CEO40
GAIL RUSSELLDEV. DIRECTOR40$115,975
STACEY CARRSecretary40
GEOFFREY K ALLENCHAIRMAN1
PETER LEGATrustee0.5
JOHN CUNNINGHAMTrustee0.5
LENORE DUNNTrustee0.5
JENN JOHNSONTrustee0.5
KRASMIRA HRISTOVTrustee0.5
PETER PHILLIPS SRVice Chair1
ANDY NOWACKTrustee0.5
KATHERINE VALASEKTrustee0.5
MARY T REHUSTrustee0.5
THERESA SCHEUBLETrustee0.5
FRANK SETTIPANITrustee0.5
JOHN TEGELERTrustee0.5
SUSAN LODGETrustee0.5
SANDY LOPICCOLOTrustee0.5

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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