Spectrum Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHATHAM, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $96K in total assets. In 2024, it awarded 4 grants totaling $17K. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$96K
-9.2% YoY
Annual Giving
$17K
Grant Count
4
Avg Grant Size
$4K
Under IRS private-foundation payout rules, Spectrum Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
About Spectrum Foundation
Based on IRS filings
Spectrum Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHATHAM, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $96K in total assets. In 2024, it awarded 4 grants totaling $17K. Net investment income was $12K.
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 | $96,445 | $106,230 | $107,496 |
| Revenue | $9,164 | $1,028 | $672 |
| Expenses | $18,949 | $2,294 | $19,126 |
| Qualifying Distributions | $17,100 | — | $15,000 |
| Net Investment Income | $11,738 | $484 | $46 |
| Distributable Amount | $5,604 | $6,113 | $6,492 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Beacon Unitarian Universalist Congr ($11,000), Community Food Bank of Nj ($5,500), Heifer International ($400).
| Recipient | Purpose | Amount |
|---|---|---|
| BEACON UNITARIAN UNIVERSALIST CONGR SUMMIT, NJ | 501(C)(3) QUALIFIED CHARITY | $11,000 |
| COMMUNITY FOOD BANK OF NJ HILLSIDE, NJ | 501(C)(3) QUALIFIED CHARITY | $5,500 |
| HEIFER INTERNATIONAL LITTLE ROCK, AR | 501(C)(3) QUALIFIED CHARITY | $400 |
| WCOC RUN WALDWICK, NJ | 501(C)(3) QUALIFIED CHARITY | $200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SARAH E LAVOIE | TRUSTEE | — | — |
| SARAH J GEPHART | TRUST PROTEC | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Spectrum Foundation?
Spectrum Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHATHAM, NJ. It holds $96K in total assets as of 2024.
How large is Spectrum Foundation?
As of 2024, Spectrum Foundation holds $96K in total assets with $9K in annual revenue. It awarded 4 grants totaling $17K in 2024.
Where does Spectrum Foundation operate?
Spectrum Foundation has awarded grants in Arkansas, New Jersey.
What size grants does Spectrum Foundation award?
In 2024, Spectrum Foundation awarded 4 grants totaling $17K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Spectrum Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Spectrum Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Spectrum Foundation's EIN?
Spectrum Foundation's EIN (Employer Identification Number) is 27-2576527. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Spectrum 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.
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