Park Avenue Foundation Inc
To raise funds exclusively for the benefit of and support of the member non-profits.
Park Avenue Foundation Inc at a glance
- Total assets
- $13,278,873
- -1.8% vs 2024
- Revenue (2025)
- $720,922
- +35.9% vs 2024
- Net investment income (2025)
- $108,321
- +17.9% vs 2024
- Expenses (2025)
- $804,745
- -2.9% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated November 2026.
Who Park Avenue Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $34K (2020) to $34K (2021). In 2021 it made 4 grants totaling $34K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boys and Girls Club of Newark Newark, NJ | General Support | $14,330 |
| Patriots Path Council Cedar Knolls, NJ | General Support | $8,450 |
| Community Foodbank of New Jersey Hillside, NJ | General Support | $5,635 |
| PG Chambers School Ceder Knolls, NJ | General Support | $5,635 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $13,278,873 | $720,922 | $804,745 | — | — | $108,321 |
| 2024 | $13,517,947 | $530,354 | $828,825 | — | — | $91,889 |
| 2023 | $13,933,005 | $489,608 | $702,217 | — | — | $88,824 |
| 2022 | $14,460,573 | $512,858 | $715,017 | — | — | $73,407 |
| 2021 | $15,106,732 | $468,390 | $768,767 | $34,050 | 4 | $72,559 |
| 2020 | $15,418,167 | $363,887 | $774,786 | $34,050 | 4 | $75,499 |
About Park Avenue Foundation Inc
Based on IRS filings
Park Avenue Foundation Inc is a public charity, based in Florham Park, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $13.3M in total assets. Net investment income was $108K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Park Avenue Foundation Inc is led by Andrew Boles, President since 2023 (on filings since 2020); none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Andrew Boles
President
Trustee → Vice President, 2022
Vice President → President, 2023
On filings since 2020
5 hrs/week
No compensation reported
Joseph Pawelczyk
Trustee
President → Treasurer, 2023
Treasurer → Trustee, 2024
On filings since 2020
1 hr/week
No compensation reported
Patricia Sly
Trustee
Vice President → Vice President - Development, 2024
Vice President - Development → Trustee, 2025
On filings since 2020
1 hr/week
No compensation reported
William Vierbuchen
Trustee
On filings since 2020
1 hr/week
No compensation reported
Richard Kurland
Trustee
On filings since 2024
1 hr/week
No compensation reported
Charles Rubin
Vice President
Trustee → Vice President, 2025
On filings since 2020
1 hr/week
No compensation reported
Shelby C. Rhodes
Vice President - Development
Trustee → Secretary, 2024
Secretary → Vice President - Development, 2025
On filings since 2020
1 hr/week
No compensation reported
Gerald Maloney
Treasurer
Trustee → Treasurer, 2024
On filings since 2022
3 hrs/week
No compensation reported
Peter Donnelly
Vice President - Operations
Trustee → Vice President - Operations, 2024
On filings since 2022
1 hr/week
No compensation reported
Thomas Loughman
Secretary
Trustee → Secretary, 2025
On filings since 2024
1 hr/week
No compensation reported
Former officers (6)
- Former: Nelson Schaenen Jr. (2020–2023) — Secretary
- Former: Barbara Keller (2021–2023) — Trustee
- Former: Warren Josephson (2020–2021) — Trustee
- Former: Carlos Rodriguez (2021) — Trustee
- Former: Jeffrey Mott (2020) — Trustee
- Former: Peter Burgdorff (2020) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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 Park Avenue Foundation Inc
How large is Park Avenue Foundation Inc?
Park Avenue Foundation Inc reported $13.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $721K.
Where does Park Avenue Foundation Inc operate?
Park Avenue Foundation Inc has awarded grants in New Jersey.
What is Park Avenue Foundation Inc's EIN?
Park Avenue Foundation Inc's EIN (Employer Identification Number) is 22-3141480. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated November 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Added Form 990 for fiscal year 2025 (received by the IRS September 24, 2026)
Live grants for the work Park Avenue Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Park Avenue Foundation Inc's focus areas in our free grants database
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