Stroser Foundation Inc
Stroser Foundation Inc is a private foundation, based in Atlantic City, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $622K in total assets. In 2025, it awarded 9 grants totaling $39K. Net investment income was $35K.
Stroser Foundation Inc at a glance
In short: Stroser Foundation Inc gave $39K across 9 grants in 2025 (avg $4K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $38,500
- +14.9% vs 2024
- Grants made (2025)
- 9
- -10.0% vs 2024
- Average grant
- $4,278
- +27.7% vs 2024
- Median grant
- $3,000
- Total assets
- $622,355
- +6.6% vs 2024
- Primary geography
- New Jersey (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Stroser Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Boys & Girls Club of Atlantic City ($15K). Together the top 9 received $39K.
Grant Size Distribution
55 grants across all recorded years
The most common grant size was under $50K: 55 grants of 55 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
How Stroser Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+10%). Method
- In 2025 it paid out 172% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $34K (2024) to $39K (2025). In 2025 it made 9 grants totaling $39K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boys & Girls Club of Atlantic City Atlantic City, NJ | Various Activities | $15,000 |
| Atlantic City Education Foundation Atlantic City, NJ | Various Activities | $5,000 |
| Deborah Hospital Foundation Browns Mills, NJ | Various Activities | $3,000 |
| 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 |
| Atlantic County Toys for Kids Somers Point, NJ | Various Activities | $2,500 |
| Beron Joas Atlantic City, NJ | Various Activities | $2,500 |
| La CASA Dominicana Atlantic City, NJ | Various Activities | $2,500 |
| Achs Invitational Grant Atlantic City, NJ | Various Activitiesvarious Activities | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $622,355 | $35,153 | $53,202 | $38,500 | 9 | $39,834 | $34,908 | $23,221 |
| 2024 | $583,992 | $41,266 | $47,114 | $33,500 | 10 | $35,817 | $41,007 | $24,278 |
| 2023 | $533,309 | $-40,051 | $48,282 | $35,000 | 14 | $37,430 | $16,458 | $27,945 |
| 2022 | $505,495 | $35,990 | $51,569 | $35,000 | 11 | $37,755 | $35,990 | — |
| 2021 | $647,976 | $43,030 | $53,287 | $35,000 | 11 | $38,557 | $36,261 | $30,354 |
| 2020 | $605,151 | $19,960 | $50,682 | $34,000 | 10 | — | $19,237 | $30,056 |
Under IRS private-foundation payout rules, Stroser Foundation Inc reported a distributable amount of $23K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Stroser Foundation Inc is led by Edward Lax, V. President & Trustee on every filing since 2020; all 2 officers listed in 2025 are compensated.
Officers on the 2025 filing
Edward Lax
V. President & Trustee
On filings since 2020
2 hrs/week
$2K (2020) → $2K (2025)
Joseph F. Greenidge Jr.
Secretary, Manager & Trustee
On filings since 2020
2 hrs/week
$2K (2020) → $2K (2025)
Former officers (1)
- Former: Henry Gorelick (2020–2021) — President & Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $2K, to Edward Lax (V. Pres/Trst). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Stroser Foundation Inc
How much does Stroser Foundation Inc give each year?
Stroser Foundation Inc gave $39K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $34K across 10 grants.
What is Stroser Foundation Inc's typical grant size?
Stroser Foundation Inc's median grant in 2025 was $3,000, and its average grant was $4,278, across 9 grants on its 2025 IRS Form 990-PF.
Where does Stroser Foundation Inc give grants?
Stroser Foundation Inc gives mostly in New Jersey: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Atlantic City, NJ (5 grants).
Does Stroser Foundation Inc give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Stroser Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Various Activities" (8 grants).
Who are Stroser Foundation Inc's largest grantees?
Stroser Foundation Inc's largest 2025 grantees include Boys & Girls Club of Atlantic City ($15,000), Atlantic City Education Foundation ($5,000) and Deborah Hospital Foundation ($3,000), according to its 2025 IRS Form 990-PF. Together they received 60% of its itemized 2025 grant dollars.
How large is Stroser Foundation Inc?
Stroser Foundation Inc reported $622K in total assets on its 2025 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets).
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2020–2024
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