The Fournier Family Foundation is a private foundation established in 2004 and based in Summit, New Jersey. Operating as a 501(c)(3) organization, it functions as a grantmaking foundation focused on philanthropic giving across multiple sectors and geographic regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.5M
-21.3% YoY
Annual Giving
$4.9M
+10.0% YoY
Grant Count
12
-50.0% YoY
Avg Grant Size
$408K
+119.9% YoY
Under IRS private-foundation payout rules, The Fournier Family Foundation reported a distributable amount of $992K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not maintain a publicly stated mission statement. However, its grantmaking priorities encompass:
- Education
- Health and diseases/conditions
- Human services
- Philanthropy and voluntarism
Grantmaking
The foundation demonstrates substantial grantmaking activity. Recent grant awards have ranged from $100,000 to $4.4 million, with notable recent grants including:
Ready to take the next step with The Fournier Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation supports organizations across multiple U.S. states, with particular concentration in:
- New Jersey
- New York
- Virginia
Additional funding extends to organizations in California, Connecticut, Delaware, Florida, Maryland, Massachusetts, Montana, New Mexico, Ohio, Pennsylvania, Texas, Washington, and other states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $14,478,479
- Total Revenues: $1,754,763
- Total Expenses: $6,043,434
- Number of Employees: 0
As of December 2023:
- Total Assets: $18.4 million
- Total Revenues: $2.61 million
- Total Expenses: $5.11 million
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,478,479 | $18,395,332 | $9,984,171 |
| Revenue | $1,754,763 | $2,612,562 | $3,716,189 |
| Expenses | $6,043,434 | $5,109,085 | $3,790,158 |
| Qualifying Distributions | $4,899,172 | $4,455,226 | $3,336,500 |
| Net Investment Income | $29,116 | $269,661 | $545,372 |
| Distributable Amount | $992,265 | $1,081,398 | $745,444 |
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
114 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Benedict's Preparatory School ($4,422,377), Associated Humane Societies ($100,000), Liberty Corner Presbyterian Church ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANIMAL ALLIANCE LAMBERTVILLE, NJ | CHARITABLE IRC 170 (C)(2) | $53,995 |
| ASSOCIATED HUMANE SOCIETIES NEWARK, NJ | CHARITABLE IRC 170 (C)(2) | $100,000 |
| FOCUS FELLOWSHIP OF CHRISTIANS IN UNIVERSITIES AND SCHOOLS NEW CANAAN, CT | CHARITABLE IRC 170 (C)(2) | $40,000 |
| HARBOR HOMES OF MARTHA'S VINEYARD VINEYARD HAVEN, MA | CHARITABLE IRC 170 (C)(2) | $1,000 |
| LIBERTY CORNER PRESBYTERIAN CHURCH LIBERTY CORNER, NJ | CHARITABLE IRC 170 (C)(2) | $100,000 |
| PBA LOCAL 139 PEAPACK, NJ | CHARITABLE IRC 170 (C)(2) | $300 |
| PBA LOCAL 347 BAY HEAD, NJ | CHARITABLE IRC 170 (C)(2) | $500 |
| PROJECT 292 NEW EGYPT, NJ | CHARITABLE IRC 170 (C)(2) | $1,000 |
| MYLESTONE EQUINE RESCUE PHILLIPSBURG, NJ | CHARITABLE IRC 170 (C)(2) | $30,000 |
| READ ALLIANCE NEW YORK, NY | CHARITABLE IRC 170 (C)(2) | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Alan P. Fournier — President
Jennifer L. Fournier — Secretary-Treasurer
Both serve without compensation. Alan Fournier is the founder of Pennant Capital Management, a hedge fund established in 2001 that manages approximately $6 billion in assets. He holds a B.S. in engineering from Wentworth Institute of Technology (1983) and previously held positions at Sanford C. Bernstein and Appaloosa Management.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALAN P FOURNIER | PRESIDENT | 8 | — |
| JENNIFER L FOURNIER | SECRETARY-TREASURER | 8 | — |
| ABIGAIL L FOURNIER | TRUSTEE | 1 | — |
| ELIZABETH B FOURNIER | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported ovarian cancer research through the Geri Fournier Ovarian Cancer Research Grant program, with grants awarded in both 2023 and 2024. This initiative appears connected to the foundation's broader health and medical research funding priorities.
2024 Geri Fournier Ovarian Cancer Research Grant / MiocaContact Information
Address: 535 Springfield Avenue, Suite 120, Summit, NJ 07901-2631
Telephone: 908-516-5800
EIN: 20-2015176
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Fournier Family Foundation fund?
The foundation does not maintain a publicly stated mission statement. However, its grantmaking priorities encompass: • Education • Health and diseases/conditions • Human services • Philanthropy and voluntarism
How do I apply for a grant from The Fournier Family Foundation?
The foundation demonstrates substantial grantmaking activity. Recent grant awards have ranged from $100,000 to $4.4 million, with notable recent grants including: • St. Benedict's Preparatory School: $4,422,377 • Associated Humane Societies: $100,000 • Donors Trust: $100,000 In fiscal year 2024, the foundation made 28 grants with total giving of approximately $4.9 million. Historical grantmaking has supported charter schools, teacher training programs, advocacy groups, and various educational n…
Where does The Fournier Family Foundation make grants?
The foundation supports organizations across multiple U.S. states, with particular concentration in: • New Jersey • New York • Virginia Additional funding extends to organizations in California, Connecticut, Delaware, Florida, Maryland, Massachusetts, Montana, New Mexico, Ohio, Pennsylvania, Texas, Washington, and other states.
What size grants does The Fournier Family Foundation award?
In 2024, The Fournier Family Foundation awarded 12 grants totaling $4.9M — an average of about $408K per grant, based on its IRS Form 990 filings.
How much is The Fournier Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Fournier Family Foundation reported a distributable amount of $992K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Fournier Family Foundation's EIN?
The Fournier Family Foundation's EIN (Employer Identification Number) is 20-2015176. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Fournier Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
The William & Phyllis Mack Family
FORT LEE, NJ
Assets
$5.9M
Grants
53
Total Given
$3.2M
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Fournier Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Fournier Family Foundation to a real strategy.