Southway Family Foundation

Private foundation · Grantmaker Pompton Plains, NJ EIN: 52-1913551

Southway Family Foundation is a private foundation, based in Pompton Plains, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $149K in total assets. In 2024, it awarded 1 grant totaling $15K. Net investment income was $7K.

Key facts about Southway Family Foundation

In short: Southway Family Foundation gave $15K across 1 grant in 2024 (avg $15K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.

EIN
52-1913551
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$15,000
Grants made (2024)
1
Average grant
$15,000
Median grant
$15,000
Total assets
$149,177
Primary geography
New Jersey (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$149K

-4.9% YoY

Annual Giving

$15K

-6.3% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$15K

+87.5% YoY

Under IRS private-foundation payout rules, Southway Family Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

How Southway Family Foundation gives

  • Giving fell 40% from 2021 to 2024. Method
  • In 2024 it paid out 275% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2024 grant dollars on its one itemized grant.

Cities

Franklin LakesKalamazoo

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grant2020 1 grant2021 1 grant2022 2 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $15K (2024) to $26K (2020). In 2024 it made 1 grant totaling $15K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Ebenezer Netherlands Reformed Churc: $15KEbenezer Netherlands ReformedChurc$15K

The largest 2024 recipient was Ebenezer Netherlands Reformed Churc ($15K).

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Ebenezer Netherlands Reformed Churc Franklin Lakes, NJCharitable$15,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K$40K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$149,177$156,942$165,998
Revenue$8,084$7,909$7,564
Expenses$15,849$16,965$20,828
Qualifying Distributions$15,100$16,273$20,000
Net Investment Income$7,335$7,217$6,736
Distributable Amount$5,495$6,992$7,428

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Southway Family Foundation is led by Lena Southway, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Lena Southway

    Trustee

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Southway Family Foundation

How much does Southway Family Foundation give each year?

Southway Family Foundation gave $15K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $16K across 2 grants.

How large is Southway Family Foundation?

Southway Family Foundation reported $149K in total assets on its 2024 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).

Where does Southway Family Foundation operate?

Southway Family Foundation has awarded grants in Michigan, New Jersey.

What is Southway Family Foundation's EIN?

Southway Family Foundation's EIN (Employer Identification Number) is 52-1913551. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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