Norma Gilbert Farr Charit Fdn

PENNINGTON, NJ EIN: 22-3718061

Norma Gilbert Farr Charit Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 7 grants totaling $131K. Net investment income was $207K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.9M

+1.7% YoY

Annual Giving

$131K

-6.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$19K

-6.0% YoY

Under IRS private-foundation payout rules, Norma Gilbert Farr Charit Fdn reported a distributable amount of $168K for 2024 — the minimum it must pay out in qualifying distributions.

About Norma Gilbert Farr Charit Fdn

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $222K (43%)

Florida $100K (19%)

Nebraska $100K (19%)

Tennessee $100K (19%)

States

Florida Nebraska New Jersey Tennessee

Cities

Boys TownBrown HillCornwall HdsnCornwallonhudsonMemphisMillburnPenningtonTampa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,853,902	$2,806,383	$2,781,961
Revenue	$226,080	$208,150	$233,300
Expenses	$178,973	$183,022	$185,978
Qualifying Distributions	$157,537	$162,975	$160,200
Net Investment Income	$206,958	$190,218	$213,940
Distributable Amount	$167,555	$154,536	$166,014

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

26 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Shriners Hospital for Children ($25,000), Storm King School ($25,000), Boys Town ($25,000).

Recipient	Purpose	Amount
THE SHRINERS HOSPITAL FOR CHILDREN TAMPA, FL	GENERAL OPERATING	$25,000
STORM KING SCHOOL CORNWALL HDSN, NJ	GENERAL OPERATING	$25,000
HOPE LOVES COMPANY PENNINGTON, NJ	GENERAL OPERATING	$10,000
DEBORAH HOSPITAL BROWN HILL, NJ	GENERAL OPERATING	$11,212
GIRLS ON THE RUN NJ EAST MILLBURN, NJ	GENERAL OPERATING	$10,000
BOYS TOWN BOYS TOWN, NE	GENERAL OPERATING	$25,000
ST JUDE CHILDRENS RESEARCH HOSPITAL MEMPHIS, TN	GENERAL OPERATING	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	TRUSTEE	2	$43,875

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Norma Gilbert Farr Charit Fdn?

Norma Gilbert Farr Charit Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $2.9M in total assets as of 2024.

How large is Norma Gilbert Farr Charit Fdn?

As of 2024, Norma Gilbert Farr Charit Fdn holds $2.9M in total assets with $226K in annual revenue. It awarded 7 grants totaling $131K in 2024.

Where does Norma Gilbert Farr Charit Fdn operate?

Norma Gilbert Farr Charit Fdn has awarded grants in Florida, Nebraska, New Jersey, Tennessee.

What size grants does Norma Gilbert Farr Charit Fdn award?

In 2024, Norma Gilbert Farr Charit Fdn awarded 7 grants totaling $131K — an average of about $19K per grant, based on its IRS Form 990 filings.

How much is Norma Gilbert Farr Charit Fdn required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Norma Gilbert Farr Charit Fdn reported a distributable amount of $168K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.