Shrewsbury Foundation
The Shrewsbury Foundation is a private foundation based in Rumson, New Jersey. In filing year 2025, it reported 17 grants totaling $166,648 to charitable organizations in several states.
Shrewsbury Foundation at a glance
In short: Shrewsbury Foundation gave $167K across 17 grants in 2025 (avg $10K), top state Virginia. 24% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $166,648
- +68.7% vs 2024
- Grants made (2025)
- 17
- +6.3% vs 2024
- Average grant
- $9,803
- +58.8% vs 2024
- Median grant
- $6,500
- Total assets
- $1,906,791
- -6.6% vs 2024
- New grantees (estimate)
- 24% first-time grantees (4 of 17, 2025; small sample)
- Primary geography
- Virginia (37% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Shrewsbury Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 4 Black Point Horseshoe, Rumson, NJ 07760-1929
Phone: (732) 672-1284
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Shrewsbury Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Friends of Green Chimneys ($25K). Together the top 10 received $147K.
Grant Size Distribution
85 grants across all recorded years
The most common grant size was under $50K: 85 grants of 85 (100%).
Geographic Focus
Where this funder awards grants
The foundation’s 2025 grant dollars went to recipients in Virginia (37%), New Jersey (30%), New York (15%), California (12%), and Rhode Island (6%).
Grant Distribution by State
Share of 2025 grant dollars across all 17 itemized grants.
States
Cities
Is Shrewsbury Foundation open to new grantees?
24%
first-time grantees, 2025
In 2025, 4 of 17 grantees (24%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $4K; repeat grants $12K. How we count
Medians: $5K first-time, $10K repeat.
- 65% of 2025 grantees were also funded in 2024. Method
- Giving grew 555% from 2022 to 2025. Method
- In 2025 it paid out 136% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $25K (2022) to $167K (2025). In 2025 it made 17 grants totaling $167K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Friends of Green Chimneys Brewster, NY | For Operations | $25,000 |
| Just Neighbors Falls Church, VA | For Operations | $25,000 |
| Dream Project Arlington, VA | For Operations | $22,165 |
| Create Now Los Angeles, CA | For Operations | $19,583 |
| Monmouth University West Long Branch, NJ | For Operations | $12,500 |
| Bascam West Long Branch, NJ | For Operations | $10,000 |
| Iyrs Schgool of Tech and Trades Newport, RI | For Operations | $10,000 |
| Stroke Comeback Center Vienna, VA | For Operations | $10,000 |
| Interfaith Neighbors Asbury Park, NJ | For Operations | $6,500 |
| Bruce Springsteen Center Long Branch, NJ | For Operations | $6,000 |
Ready to take the next step with Shrewsbury Foundation?
Financial History
Multi-year comparison from IRS filings
Amounts are in dollars.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,906,791 | $54,099 | $189,294 | $166,648 | 17 | $170,243 | $35,048 | $124,955 |
| 2024 | $2,041,986 | $21,258 | $126,707 | $98,783 | 16 | $107,683 | $17,044 | $120,931 |
| 2023 | $2,147,435 | $41,191 | $110,044 | $94,500 | 20 | $94,555 | $24,654 | $102,630 |
| 2022 | $2,216,288 | $17,628 | $75,814 | $25,450 | 11 | $25,511 | $3,720 | $103,455 |
| 2021 | $2,275,818 | $1,759,505 | $126,220 | $115,000 | 21 | $115,116 | $1,749,887 | $90,778 |
| 2020 | $641,189 | $82,454 | $144,571 | $133,700 | 21 | — | $71,697 | $96,088 |
| 2019 | $672,994 | $52,489 | $114,789 | $103,850 | 19 | — | $42,168 | $93,271 |
Under IRS private-foundation payout rules, Shrewsbury Foundation reported a distributable amount of $125K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grantees included organizations working in areas such as education, arts programs for youth, health care, support for stroke and brain trauma survivors, housing and assistance for families and older adults, and animal care. These are the grantees’ stated activities, not a stated mission or focus of the foundation.
For example, the Dream Project says it helps students from Virginia’s immigrant community succeed in college or vocational training through scholarships, mentoring, and other support. Create Now says it provides arts programs and opportunities for youth, with a focus on young people experiencing homelessness, in foster care, or facing other challenges. Interfaith Neighbors says it provides meals, housing, and other assistance to families, older adults, and people who are frail or homebound.
Grantmaking
In filing year 2025, the foundation reported 17 grants totaling $166,648. Grant amounts ranged from $1,000 to $25,000, with a median of $6,500. Its largest reported grants included $25,000 each to Friends of Green Chimneys and Just Neighbors; $22,165 to the Dream Project; $19,583 to Create Now; and $12,500 to Monmouth University. The filing lists these grants as being for operations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Quincy AS McKean III as director, and John B McKean and Cressida S McKean as vice presidents.
Shrewsbury Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Quincy As McKean III
Director
Secretary & Treasurer → Director, 2021
On filings since 2019
0.3 hrs/week
No compensation reported
Cressida S. McKean
Vice President
On filings since 2019
0.3 hrs/week
No compensation reported
John B. McKean
Vice President
On filings since 2019
0.3 hrs/week
No compensation reported
Former officers (1)
- Former: Linda B. McKean (2019–2020) — President
Data from IRS Form 990 filings, 2019–2025. "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 Shrewsbury Foundation
How much does Shrewsbury Foundation give each year?
Shrewsbury Foundation gave $167K across 17 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $99K across 16 grants.
What is Shrewsbury Foundation's typical grant size?
Shrewsbury Foundation's median grant in 2025 was $6,500, and its average grant was $9,803, across 17 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Shrewsbury Foundation that year got $4K on average.
Where does Shrewsbury Foundation give grants?
Shrewsbury Foundation's top state is Virginia, with 37% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New Jersey (30%) and New York (15%). The most frequent recipient cities were Arlington, VA (2 grants), West Long Branch, NJ (2 grants), Long Branch, NJ (2 grants) and Rumson, NJ (2 grants).
Does Shrewsbury Foundation give general operating support?
Not in 2025: none of the 17 grants with a stated purpose on Shrewsbury Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "For Operations" (17 grants).
Who are Shrewsbury Foundation's largest grantees?
Shrewsbury Foundation's largest 2025 grantees include Friends of Green Chimneys ($25,000), Just Neighbors ($25,000) and Dream Project ($22,165), according to its 2025 IRS Form 990-PF. Together they received 43% of its itemized 2025 grant dollars.
How large is Shrewsbury Foundation?
Shrewsbury Foundation reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $170K in qualifying distributions that year, against a required minimum of $125K (roughly 5% of its investment assets).
What does Shrewsbury Foundation fund?
No mission statement for the foundation is provided. Its 2025 grantees included organizations working in areas such as education, arts programs for youth, health care, support for stroke and brain trauma survivors, housing and assistance for families and older adults, and animal care. See mission & focus areas ↑
How do I apply for a grant from Shrewsbury Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Shrewsbury Foundation's EIN?
Shrewsbury Foundation's EIN (Employer Identification Number) is 30-0105266. IRS Form 990 filing data is available on this page for 2019–2025.
Does Shrewsbury Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 7, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 5, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in Shrewsbury Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Shrewsbury Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/shrewsbury-foundation-morg_501802dc47984da1ba18ee67be55a4f6
BibTeX
@misc{grantable_300105266_2026,
author = {{Grantable}},
title = {{Shrewsbury Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/shrewsbury-foundation-morg_501802dc47984da1ba18ee67be55a4f6},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Shrewsbury Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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