Prosource Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MANASQUAN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $726K in total assets. In 2024, it awarded 5 grants totaling $32K. Net investment income was $20K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$726K
+5.3% YoY
Annual Giving
$32K
-35.7% YoY
Grant Count
5
-28.6% YoY
Avg Grant Size
$6K
-10.0% YoY
About Prosource Foundation Inc
Based on IRS filings
Prosource Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MANASQUAN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $726K in total assets. In 2024, it awarded 5 grants totaling $32K. Net investment income was $20K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $725,573 | $688,888 | $679,622 |
| Revenue | $25,535 | $21,937 | $19,099 |
| Expenses | $40,064 | $56,131 | $64,817 |
| Qualifying Distributions | $33,996 | $51,418 | $59,102 |
| Net Investment Income | $20,250 | $17,222 | $13,780 |
| Distributable Amount | $35,329 | $33,141 | $36,452 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT CHINERY JR | TRUSTEE | 0.5 | — |
| TRACY CHINERY | TRUSTEE | 0.5 | — |
| WILLIAM R HAGAMAN JR | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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