Stroser Foundation Inc
Stroser Foundation Inc is a private foundation, based in ATLANTIC CITY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $584K in total assets. In 2024, it awarded 10 grants totaling $34K. Net investment income was $41K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$584K
+9.5% YoY
Annual Giving
$34K
-4.3% YoY
Grant Count
10
-28.6% YoY
Avg Grant Size
$3K
+34.0% YoY
Under IRS private-foundation payout rules, Stroser Foundation Inc reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
About Stroser Foundation Inc
Based on IRS filings
Stroser Foundation Inc is a private foundation, based in ATLANTIC CITY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $584K in total assets. In 2024, it awarded 10 grants totaling $34K. Net investment income was $41K.
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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 | $583,992 | $533,309 | $505,495 |
| Revenue | $41,266 | $-40,051 | $35,990 |
| Expenses | $47,114 | $48,282 | $51,569 |
| Qualifying Distributions | $35,817 | $37,430 | $37,755 |
| Net Investment Income | $41,007 | $16,458 | $35,990 |
| Distributable Amount | $24,278 | $27,945 | — |
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
56 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boys & Girls Club of Atlantic City ($10,000), Deborah Hospital Foundation ($3,500), Beron Joas ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACHS INVITATIONAL GRANT ATLANTIC CITY, NJ | VARIOUS ACTIVITIESVARIOUS ACTIVITIES | $2,000 |
| ATLANTIC COUNTY TOYS FOR KIDS SOMERS POINT, NJ | VARIOUS ACTIVITIES | $2,000 |
| BERON JOAS ATLANTIC CITY, NJ | VARIOUS ACTIVITIES | $3,000 |
| BOYS & GIRLS CLUB OF ATLANTIC CITY ATLANTIC CITY, NJ | VARIOUS ACTIVITIES | $10,000 |
| DEBORAH HOSPITAL FOUNDATION BROWNS MILLS, NJ | VARIOUS ACTIVITIES | $3,500 |
| FAMILY SERVICE ASSOCIATION GALLOWAY, NJ | VARIOUS ACTIVITIES | $1,500 |
| LA CASA DOMINICANA ATLANTIC CITY, NJ | VARIOUS ACTIVITIES | $2,500 |
| THE ARC OF ATLANTIC COUNTY EGG HARBOR TOWNSHIP, NJ | VARIOUS ACTIVITIES | $3,000 |
| THE RICHARD STOCKTON COLLEGE OF NJ POMONA, NJ | VARIOUS ACTIVITIES | $3,000 |
| OMEGA BY THE SEA FOUNDATION ATLANTIC CITY, NJ | VARIOUS ACTIVITIES | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDWARD LAX | V. PRES/TRST | 2 | $2,000 |
| JOSEPH F GREENIDGE JR | SEC/MGR/TRUSTEE | 2 | $2,000 |
Frequently Asked Questions
How large is Stroser Foundation Inc?
As of 2024, Stroser Foundation Inc holds $584K in total assets with $41K in annual revenue. It awarded 10 grants totaling $34K in 2024.
Where does Stroser Foundation Inc operate?
Stroser Foundation Inc has awarded grants in New Jersey.
What size grants does Stroser Foundation Inc award?
In 2024, Stroser Foundation Inc awarded 10 grants totaling $34K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Stroser Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Stroser Foundation Inc reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Stroser Foundation Inc's EIN?
Stroser Foundation Inc's EIN (Employer Identification Number) is 22-2525001. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Stroser Foundation Inc'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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