Tears 4 Joy Inc

Foundation · Grantmaker BASKING RIDGE, NJ EIN: 81-4639892

Tears 4 Joy Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BASKING RIDGE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $826K in total assets. In 2024, it awarded 12 grants totaling $110K. Net investment income was $132K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$826K

+8.6% YoY

Annual Giving

$110K

+38.7% YoY

Grant Count

12

+50.0% YoY

Avg Grant Size

$9K

-7.5% YoY

Under IRS private-foundation payout rules, Tears 4 Joy Inc reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.

About Tears 4 Joy Inc

Based on IRS filings

Tears 4 Joy Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BASKING RIDGE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $826K in total assets. In 2024, it awarded 12 grants totaling $110K. Net investment income was $132K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

Ave MariaBasking RidgeBedminsterBinghamtonBriarwoodCummingDavidsonvilleElmontEwa BeachFort WayneGladstoneLiberty CornerMendhamMetuchenMorristownNew BrunswickNew YorkOrlandoPisccatawayStirling

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$43K$85K$128K$170K20202021202220232024
Metric202420232022
Total Assets$826,205$760,708$684,827
Revenue$132,366$14,331$10,170
Expenses$110,474$79,637$80,849
Qualifying Distributions
Net Investment Income$132,169$14,194$9,821
Distributable Amount$38,232$36,424$37,485

Giving Over Time

Total grant dollars and number of grants per year

$0$39K$77K$116K$154K14 grants202013 grants20218 grants20228 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DIOCESE OF METUCHEN BISH…$25KST JAMES CATHOLIC CHURCH$20KHOPE THROUGH EDUCATION USA$15KMARINE RECONNAISSANCE FO…$10KHOPE THROUGH EDUCATION USA$10KSISTERS OF CHRISTIAN CHA…$8KST JAMES CATHOLIC CHURCH$5KREGNUM CHRISTI$5KBRIDGES OF NY$5KAAPLOG ACTION$5K

Grant Size Distribution

55 grants across all recorded years

55<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Diocese of Metuchen Bishop Appeal ($25,000), St James Catholic Church ($20,000), Hope Through Education Usa ($15,000).

RecipientPurposeAmount
ST JAMES CATHOLIC CHURCH BASKING RIDGE, NJ04/24/24AMEXCHARITABLE PURPOSES$5,000
ST JAMES CATHOLIC CHURCH BASKING RIDGE, NJ05/09/24CHECK #1016CHARITABLE PURPOSES$20,000
WORD ON FIRE CATHOLIC MINISTRIES NEW YORK, NY2024AMEXCHARITABLE PURPOSES$277
MARINE RECONNAISSANCE FOUNDATION EWA BEACH, HI11/11/24AMEXCHARITABLE PURPOSES$10,000
BONNIE BRAE SCHOOL BASKING RIDGE, NJ09/13/24AMEXCHARITABLE PURPOSES$2,500
DIOCESE OF METUCHEN BISHOP APPEAL METUCHEN, NJ05/10/24AMEXCHARITABLE PURPOSES$25,000
SISTERS OF CHRISTIAN CHARITY MENDHAM, NJ09/13/24AMEXCHARITABLE PURPOSES$7,500
HOPE THROUGH EDUCATION USA GLADSTONE, NJ11/11/24AMEXCHARITABLE PURPOSES$10,000
HOPE THROUGH EDUCATION USA GLADSTONE, NJ04/25/24AMEXCHARITABLE PURPOSES$15,000
REGNUM CHRISTI CUMMING, GA04/13/24AMEXCHARITABLE PURPOSES$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TERENCE P CONLEYPRESIDENT1
BARBARA A CONLEYSECRETARY1
SEAN CONLEYTREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Tears 4 Joy Inc?

Tears 4 Joy Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in BASKING RIDGE, NJ. It holds $826K in total assets as of 2024.

How large is Tears 4 Joy Inc?

As of 2024, Tears 4 Joy Inc holds $826K in total assets with $132K in annual revenue. It awarded 12 grants totaling $110K in 2024.

Where does Tears 4 Joy Inc operate?

Tears 4 Joy Inc has awarded grants in Florida, Georgia, Hawaii, Indiana, Massachusetts, Maryland, New Jersey, New York, Pennsylvania.

What size grants does Tears 4 Joy Inc award?

In 2024, Tears 4 Joy Inc awarded 12 grants totaling $110K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Tears 4 Joy Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tears 4 Joy Inc reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Tears 4 Joy Inc's EIN?

Tears 4 Joy Inc's EIN (Employer Identification Number) is 81-4639892. IRS Form 990 filing data is available on this page for 2020–2024.

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

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