Shrewsbury Foundation
Shrewsbury Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUMSON, NJ. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 16 grants totaling $99K. Net investment income was $17K.
Key facts about Shrewsbury Foundation
- EIN
- 30-0105266
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $98,783
- Grants made (2024)
- 16
- Average grant
- $6,174
- Median grant
- $3,250
- Total assets
- $2,041,986
- Primary geography
- Virginia (32% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Shrewsbury Foundation funds
By grant dollars, the top recipient states for Shrewsbury Foundation's 16 itemized 2024 grants were Virginia (32%), New Jersey (28%) and New York (21%). The most frequent recipient cities were Rumson, NJ (3 grants), West Long Branch, NJ (2 grants) and Red Bank, NJ (2 grants). None of its 16 grants with a stated purpose were described as general or operating support. Recurring purposes include "For Operations" (16 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-4.9% YoY
Annual Giving
$99K
+4.5% YoY
Grant Count
16
-20.0% YoY
Avg Grant Size
$6K
+30.7% YoY
Under IRS private-foundation payout rules, Shrewsbury Foundation reported a distributable amount of $121K for 2024 — the minimum it must pay out in qualifying distributions.
About Shrewsbury Foundation
Based on IRS filings
Shrewsbury Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUMSON, NJ. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 16 grants totaling $99K. Net investment income was $17K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,041,986 | $2,147,435 | $2,216,288 |
| Revenue | $21,258 | $41,191 | $17,628 |
| Expenses | $126,707 | $110,044 | $75,814 |
| Qualifying Distributions | $107,683 | $94,555 | $25,511 |
| Net Investment Income | $17,044 | $24,654 | $3,720 |
| Distributable Amount | $120,931 | $102,630 | $103,455 |
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
89 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Friends of Green Chimneys ($20,000), Iyrs Schgool of Tech and Trades ($17,583), Dream Project ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FRIENDS OF GREEN CHIMNEYS BREWSTER, NY | FOR OPERATIONS | $20,000 |
| IYRS SCHGOOL OF TECH AND TRADES NEWPORT, RI | FOR OPERATIONS | $17,583 |
| DREAM PROJECT ARLINGTON, VA | FOR OPERATIONS | $12,000 |
| CANCERCRUSHER FOUNDATION RUMSON, NJ | FOR OPERATIONS | $10,000 |
| JUST NEIGHBORS FALLS CHURCH, VA | FOR OPERATIONS | $10,000 |
| STROKE COMEBACK CENTER VIENNA, VA | FOR OPERATIONS | $10,000 |
| MONMOUTH UNIVERSITY WEST LONG BRANCH, NJ | FOR OPERATIONS | $7,500 |
| BASCAM WEST LONG BRANCH, NJ | FOR OPERATIONS | $5,000 |
| PARKER HEALTH CLINIC RED BANK, NJ | FOR OPERATIONS | $1,500 |
| BOOMER ESIASON FOUNDATION NEW YORK, NY | FOR OPERATIONS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| QUINCY AS MCKEAN III | DIRECTOR | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Shrewsbury Foundation?
Shrewsbury Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUMSON, NJ. It holds $2.0M in total assets as of 2024.
How large is Shrewsbury Foundation?
As of 2024, Shrewsbury Foundation holds $2.0M in total assets with $21K in annual revenue. It awarded 16 grants totaling $99K in 2024.
Where does Shrewsbury Foundation operate?
Shrewsbury Foundation has awarded grants in California, Connecticut, District of Columbia, Florida, Massachusetts, Maryland, New Jersey, New York, Rhode Island, Virginia.
What size grants does Shrewsbury Foundation award?
In 2024, Shrewsbury Foundation awarded 16 grants totaling $99K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Shrewsbury Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shrewsbury Foundation reported a distributable amount of $121K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2019–2024.
Explore Open Grants
Browse active grant opportunities in Shrewsbury Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.