Oceanic Public Library Trust

Public charity · Grantmaker Rumson, NJ EIN: 23-7386850

Organization was established for the maintenance of the oceanic free library located in rumson, nj.

Key facts about Oceanic Public Library Trust

In short: Oceanic Public Library Trust gave $18K across 1 grant in 2025 (avg $18K), mostly in New Jersey. Source: 2025 IRS Form 990.

EIN
23-7386850
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$17,855
Grants made (2025)
1
Average grant
$17,855
Median grant
$17,855
Total assets
$702,286
Primary geography
New Jersey (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$702K

+8.0% YoY

Annual Giving

$18K

+9.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$18K

+9.5% YoY

How Oceanic Public Library Trust gives

  • Giving held roughly steady from 2022 to 2025 (−19%). Method

From the foundation's IRS Form 990 filings. Methodology.

About Oceanic Public Library Trust

Based on IRS filings

Oceanic Public Library Trust is a public charity, based in Rumson, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $702K in total assets. In 2025, it awarded 1 grant totaling $18K. Net investment income was $35K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Rumson

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $12K (2023) to $22K (2022). In 2025 it made 1 grant totaling $18K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Oceanic Free Library Association: $18KOceanic Free LibraryAssociation$18K

The largest 2025 recipient was Oceanic Free Library Association ($18K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Oceanic Free Library Association Rumson, NJSupport of Operations$17,855

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20K$40K$60K$80K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$702,286$650,242$618,405
Revenue$35,121$37,921$19,566
Expenses$28,281$26,249$21,020
Net Investment Income$35,080$37,679$17,066

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS May 5, 2026)
  2. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Oceanic Public Library Trust is led by Carl A. Reiss, President & Secretary on every filing since 2021; none of the 8 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Carl A. Reiss

    President & Secretary

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Ann Rossbach

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Federigo Magherini

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Ty Olson

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lauren Jacobson

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Laurie E. Bruckmann

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • William P. Carey

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • James Clayton Kingsbery

    Treasurer

    On filings since 2021

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "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 Oceanic Public Library Trust

How much does Oceanic Public Library Trust give each year?

Oceanic Public Library Trust gave $18K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $16K across 1 grant.

How large is Oceanic Public Library Trust?

Oceanic Public Library Trust reported $702K in total assets on its 2025 IRS Form 990. Its revenue that year was $35K.

Where does Oceanic Public Library Trust operate?

Oceanic Public Library Trust has awarded grants in New Jersey.

What is Oceanic Public Library Trust's EIN?

Oceanic Public Library Trust's EIN (Employer Identification Number) is 23-7386850. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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