Robert Sydney Needham Fdn Main
The Robert Sydney Needham Foundation is a private foundation based in Saint Louis, Missouri, established in 2010. The foundation operates with a focused mission centered on supporting higher education through scholarship programs in New Jersey.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.8M
-2.4% YoY
Annual Giving
$337K
+16.6% YoY
Grant Count
24
+33.3% YoY
Avg Grant Size
$14K
-12.5% YoY
Under IRS private-foundation payout rules, Robert Sydney Needham Fdn Main reported a distributable amount of $392K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is to establish and support the "Robert Sydney Needham Memorial Scholarship" programs at New Jersey colleges and universities. The primary funding focus is education, specifically merit-based and need-based scholarships for undergraduate students.
Grantmaking
The foundation distributes approximately $337,000 annually in grants. Typical award amounts range from $5,000 to $62,000. In 2024, the foundation made 18 grants to various New Jersey institutions.
Review Cycle
February 28
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation exclusively serves New Jersey. All grantee organizations must be located in New Jersey, and scholarship recipients must be graduates of New Jersey high schools.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (as of 2024)
- Total assets: $5,821,997
- Total giving: $337,000
- Total revenues: $313,518
- Total expenses: $451,257
- Investment income and dividends: $169,008
- Number of employees: 1
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,821,997 | $5,965,570 | $6,091,262 |
| Revenue | $313,518 | $265,489 | $312,213 |
| Expenses | $451,257 | $391,415 | $481,295 |
| Qualifying Distributions | $380,139 | $328,444 | $399,917 |
| Net Investment Income | $244,711 | $201,739 | $237,016 |
| Distributable Amount | $392,367 | $357,362 | $368,568 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
123 grants across all recorded years
Open Grants
1 open opportunity from Robert Sydney Needham Fdn Main
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fairleigh Dickinson University ($62,000), Foundation for New Jersey Institute of ($50,000), Thomas Edison State University ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GEORGIAN COURT UNIVERSITY LAKEWOOD, NJ | SCHOLARSHIP | $10,000 |
| RIDER UNIVERSITY LAWRENCE TWP, NJ | SCHOLARSHIP | $10,000 |
| DREW UNIVERSITY MADISON, NJ | SCHOLARSHIP | $10,000 |
| FAIRLEIGH DICKINSON UNIVERSITY TEANECK, NJ | SCHOLARSHIP | $62,000 |
| CALDWELL UNIVERSITY CALDWELL, NJ | SCHOLARSHIP | $10,000 |
| SAINT PETERS UNIVERSITY JERSEY CITY, NJ | SCHOLARSHIP | $10,000 |
| FELICIAN UNIVERSITY LODI, NJ | SCHOLARSHIP | $10,000 |
| STOCKTON UNIVERSITY FOUNDATION GALLOWAY, NJ | SCHOLARSHIP | $10,000 |
| UNION COUNTY COLLEGE FOUNDATION INC CRANFORD, NJ | SCHOLARSHIP | $5,000 |
| OCEAN COUNTY COLLEGE FOUNDATION TOMS RIVER, NJ | SCHOLARSHIP | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Wells Fargo Bank, N.A. serves as Co-Trustee of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NINA STACK | CO-TRUSTEE | 4 | $13,071 |
| JOHN B NEWMAN ESQ | CO-TRUSTEE | 4 | $13,071 |
| WELLS FARGO BANK N A | TRUSTEE | 1 | $77,557 |
Recent News & Activity
Recent developments and announcements
The foundation continues to actively fund scholarships at New Jersey colleges and universities. The most recent grant activity shows ongoing support for institutions including Fairleigh Dickinson University, Thomas Edison State University, and Sussex County Community College, with the foundation maintaining its commitment to supporting undergraduate students who demonstrate financial need and community engagement.
NEF Funds Five Fall Grants Totaling $30,713 | Needham Education FoundationSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Robert Sydney Needham Fdn Main fund?
The foundation's mission is to establish and support the "Robert Sydney Needham Memorial Scholarship" programs at New Jersey colleges and universities. The primary funding focus is education, specifically merit-based and need-based scholarships for undergraduate students.
How do I apply for a grant from Robert Sydney Needham Fdn Main?
**Grant Amounts & Activity** The foundation distributes approximately $337,000 annually in grants. Typical award amounts range from $5,000 to $62,000. In 2024, the foundation made 18 grants to various New Jersey institutions. **Recent Grantees (2024)** • Fairleigh Dickinson University: $62,000 • Thomas Edison State University: $15,000 • Sussex County Community College: $10,000 **Scholarship Eligibility Criteria** Scholarship recipients are selected based on the following criteria: • Demonstrate…
Where does Robert Sydney Needham Fdn Main make grants?
The foundation exclusively serves New Jersey. All grantee organizations must be located in New Jersey, and scholarship recipients must be graduates of New Jersey high schools.
What size grants does Robert Sydney Needham Fdn Main award?
In 2024, Robert Sydney Needham Fdn Main awarded 24 grants totaling $337K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Robert Sydney Needham Fdn Main required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Robert Sydney Needham Fdn Main reported a distributable amount of $392K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Robert Sydney Needham Fdn Main's EIN?
Robert Sydney Needham Fdn Main's EIN (Employer Identification Number) is 30-0562220. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Robert Sydney Needham Fdn Main's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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