The Atlantic Foundation
The Atlantic Foundation is a private foundation based in Hamilton, New Jersey. Its 2024 filing describes direct support for Grounds For Sculpture and The Seward Johnson Atelier, and its 2024 grants also supported organizations in areas including art, therapy, and education.
The Atlantic Foundation at a glance
In short: The Atlantic Foundation gave $3.7M across 11 grants in 2024 (avg $340K), mostly in New York. 0% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,739,400
- -81.1% vs 2023
- Grants made (2024)
- 11
- -15.4% vs 2023
- Average grant
- $339,945
- -77.6% vs 2023
- Median grant
- $93,400
- Total assets
- $34,046,985
- -5.6% vs 2023
- New grantees (estimate)
- 0% first-time grantees (0 of 11, 2024; small sample)
- Primary geography
- New York (50% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Atlantic Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 14 Fairgrounds Road, Hamilton, NJ 08619
Phone: (609) 689-1040
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Atlantic Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Seward Johnson Atelier Inc ($1.4M). Together the top 10 received $3.7M.
Grant Size Distribution
78 grants across all recorded years
The most common grant size was under $50K: 21 grants of 78 (27%).
Geographic Focus
Where this funder awards grants
In 2024, 50% of grant dollars went to recipients in New York and 42% to recipients in New Jersey. The remaining reported shares were 5% to Washington, DC, 2% to Massachusetts, and 1% to Colorado.
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
States
Cities
Is The Atlantic Foundation open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 11 grantees (0%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. How we count
- 82% of 2024 grantees were also funded in 2023. Method
- Giving fell 48% from 2021 to 2024. Method
- In 2024 it paid out 291% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $3.7M (2024) to $19.8M (2023). In 2024 it made 11 grants totaling $3.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Seward Johnson Atelier Inc Hamilton, NJ | General Operating Support | $1,400,000 |
| Harmony Institute New York, NY | General Operating Support | $1,260,000 |
| Eyebeam Atelier New York, NY | General Operating Support | $505,000 |
| Amigos De Costa Rica Washington, DC | General Operating Support | $201,000 |
| Grounds for Sculpture Hamilton, NJ | General Operating Support | $157,500 |
| Screenwriters Colony New York, NY | General Operating Support | $93,400 |
| Represent US Education Fund Florence, MA | General Operating Support | $52,500 |
| Almanack Arts Colony Nantucket, MA | General Operating Support | $35,000 |
| The Sakyong Potrang Boulder, CO | General Operating Support | $20,000 |
| University of Arizona Tucson, AZ | Project Support | $10,000 |
Ready to take the next step with The Atlantic Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $34,046,985 | $905,290 | $4,948,051 | $3,739,400 | 11 | $4,216,133 | $299,565 | $1,446,836 |
| 2023 | $36,052,188 | $1,738,356 | $20,903,348 | $19,770,488 | 13 | $20,195,253 | $1,162,950 | $1,548,158 |
| 2022 | $52,358,042 | $882,600 | $8,149,129 | $6,844,250 | 16 | $7,375,951 | $367,693 | $2,253,419 |
| 2021 | $71,880,730 | $9,586,711 | $9,172,472 | $7,227,160 | 16 | $8,078,942 | $8,625,256 | $3,227,437 |
| 2020 | $73,114,168 | $5,003,087 | $16,338,459 | $14,159,168 | 22 | — | $2,911,295 | $3,054,036 |
Under IRS private-foundation payout rules, The Atlantic Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filing describes support for Grounds For Sculpture’s operations as a public sculpture park, including tours, membership and admissions programs, sculpture-related events, children’s programs, artists’ lectures, and viewing artwork. It also describes support for The Seward Johnson Atelier’s exhibitions and acquisition of sculpture to promote public appreciation and understanding of the art form.
Among its 2024 grantees, the Harmony Institute describes its mission as providing emotional release therapy training and services in rehabilitation hospitals. The Eyebeam Atelier says it works to ensure artists are central to the invention and design of a shared future. Grounds For Sculpture describes its work as combining art and welcoming spaces to engage visitors in artists’ invention.
Grantmaking
In 2024, the foundation made 11 grants totaling $3,739,400. Grants ranged from $5,000 to $1,400,000, with a median grant of $93,400. The largest grants included $1,400,000 to Seward Johnson Atelier for general operating support, $1,260,000 to Harmony Institute for general operating support, and $505,000 to Eyebeam Atelier for general operating support. Other grants included $201,000 to Amigos de Costa Rica and $157,500 to Grounds For Sculpture, both for general operating support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists John S Johnson III as CEO and Michael Greenleaf as treasurer.
The Atlantic Foundation is led by John S. Johnson III, CEO on every filing since 2020; all 2 officers listed in 2024 are compensated.
Officers on the 2024 filing
John S. Johnson III
CEO
On filings since 2020
25 hrs/week
$9K (2020) → $9K (2024)
Michael Greenleaf
Treasurer
On filings since 2020
25 hrs/week
$39K (2020) → $37K (2024)
Former officers (1)
- Former: J. Seward Johnson Jr. (2020) — CEO · Filing note: Deceased 2020
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $37K, to Michael Greenleaf (Treasurer). 2 officers or directors reported compensation on that filing.
Frequently asked questions about The Atlantic Foundation
How much does The Atlantic Foundation give each year?
The Atlantic Foundation gave $3.7M across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $19.8M across 13 grants.
What is The Atlantic Foundation's typical grant size?
The Atlantic Foundation's median grant in 2024 was $93,400, and its average grant was $339,945, across 11 grants on its 2024 IRS Form 990-PF.
Where does The Atlantic Foundation give grants?
The Atlantic Foundation gives mostly in New York: 50% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New Jersey (42%) and District of Columbia (5%). The most frequent recipient cities were New York, NY (3 grants) and Hamilton, NJ (2 grants).
Does The Atlantic Foundation give general operating support?
Yes: 82% of The Atlantic Foundation's 2024 grants with a stated purpose (9 of 11) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Atlantic Foundation's largest grantees?
The Atlantic Foundation's largest 2024 grantees include Seward Johnson Atelier Inc ($1,400,000), Harmony Institute ($1,260,000) and Eyebeam Atelier ($505,000), according to its 2024 IRS Form 990-PF. Together they received 85% of its itemized 2024 grant dollars.
How large is The Atlantic Foundation?
The Atlantic Foundation reported $34.0M in total assets on its 2024 IRS Form 990-PF. It paid out $4.2M in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets).
What does The Atlantic Foundation fund?
The foundation’s filing describes support for Grounds For Sculpture’s operations as a public sculpture park, including tours, membership and admissions programs, sculpture-related events, children’s programs, artists’ lectures, and viewing artwork. See mission & focus areas ↑
How do I apply for a grant from The Atlantic Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Atlantic Foundation's EIN?
The Atlantic Foundation's EIN (Employer Identification Number) is 22-6054882. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Atlantic Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
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Cite this profile
Grantable. (2026). The Atlantic Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/the-atlantic-foundation-morg_2b2e64698b014173889992242c8470b2
BibTeX
@misc{grantable_226054882_2026,
author = {{Grantable}},
title = {{The Atlantic Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-atlantic-foundation-morg_2b2e64698b014173889992242c8470b2},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Atlantic Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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