Patsalos-Fox Foundation

Foundation · Grantmaker Bernardsville, NJ EIN: 20-3839243

Patsalos-Fox Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Bernardsville, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15K in total assets. In 2024, it awarded 8 grants totaling $103K. Net investment income was $90K.

Key facts about Patsalos-Fox Foundation

EIN: 20-3839243
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $102,750
Grants made (2024): 8
Average grant: $12,844
Median grant: $500
Total assets: $14,764
Primary geography: New Jersey (49% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Patsalos-Fox Foundation funds

By grant dollars, the top recipient states for Patsalos-Fox Foundation's 8 itemized 2024 grants were New Jersey (49%) and New York (49%). The most frequent recipient cities were New York, NY (2 grants) and Nantucket, MA (2 grants). 100% of grants with a stated purpose were for general or operating support.

How Patsalos-Fox Foundation gives

Giving held roughly steady from 2021 to 2024 (−9%). Method
In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

Next steps with Patsalos-Fox Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$15K

-96.3% YoY

Annual Giving

$103K

-3.3% YoY

Grant Count

-11.1% YoY

Avg Grant Size

$13K

+8.7% YoY

Under IRS private-foundation payout rules, Patsalos-Fox Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Patsalos-Fox Foundation

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 $51K (49%)

New York $51K (49%)

Massachusetts $1K (1%)

Pennsylvania $250 (0%)

Share of all 8 itemized 2024 grant dollars.

States

Connecticut District of Columbia Massachusetts New Jersey New York Pennsylvania

Cities

NantucketNew YorkMorristownFair HillsBernardsvilleFar HillsGladstoneBedminsterBrooklynEssex FellsFairfieldHillsboroughHyannisState CollegeWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$14,764	$403,391	$412,597
Revenue	$247,199	$103,595	$53,923
Expenses	$110,833	$112,800	$58,061
Qualifying Distributions	$102,750	$106,300	$52,650
Net Investment Income	$89,780	$98,595	$48,923
Distributable Amount	$6,906	$4,382	$9,385

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

54 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Touch Foundation ($50,000), Foundation for Morristown Medical Center ($50,000), Community Foundation for Nantucket ($1,000).

Recipient	Purpose	Amount
TOUCH FOUNDATION New York, NY	GENERAL PURPOSE	$50,000
FOUNDATION FOR MORRISTOWN MEDICAL CENTER Morristown, NJ	GENERAL PURPOSE	$50,000
COMMUNITY FOUNDATION FOR NANTUCKET Nantucket, MA	GENERAL PURPOSE	$1,000
NEW JERSEY CONSESRVATION FOUNDATION Far Hills, NJ	GENERAL PURPOSE	$500
AFRICAN LEADERSHIP FOUDATION New York, NY	GENERAL PURPOSE	$500
NANTUCKET LAND AND WATER COUNCIL Nantucket, MA	GENERAL PURPOSE	$250
RARITAN HEADWATER ASSOCIATION Gladstone, NJ	GENERAL PURPOSE	$250
NLWC WAKE FUND CHALLENGE State College, PA	GENERAL PURPOSE	$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Michael Patsalos-Fox	Trustee	1	—
Juliet Patsalos-Fox	Trustee	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Patsalos-Fox Foundation?

Patsalos-Fox Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Bernardsville, NJ. It holds $15K in total assets as of 2024.

How large is Patsalos-Fox Foundation?

As of 2024, Patsalos-Fox Foundation holds $15K in total assets with $247K in annual revenue. It awarded 8 grants totaling $103K in 2024.

Where does Patsalos-Fox Foundation operate?

Patsalos-Fox Foundation has awarded grants in Connecticut, District of Columbia, Massachusetts, New Jersey, New York, Pennsylvania.

What size grants does Patsalos-Fox Foundation award?

In 2024, Patsalos-Fox Foundation awarded 8 grants totaling $103K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Patsalos-Fox Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Patsalos-Fox Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.