The Grove Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEPTUNE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.3M in total assets. In 2024, it awarded 1 grants totaling $581K. Net investment income was $511K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.3M
+4.8% YoY
Annual Giving
$581K
-25.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$581K
-25.9% YoY
About The Grove Foundation
Based on IRS filings
The Grove Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEPTUNE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.3M in total assets. In 2024, it awarded 1 grants totaling $581K. Net investment income was $511K.
Focus Areas
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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 | $12,284,218 | $11,723,961 | $11,924,489 |
| Revenue | $1,151,252 | $592,495 | $338,018 |
| Expenses | $590,381 | $791,882 | $673,694 |
| Qualifying Distributions | $580,838 | $784,274 | $667,909 |
| Net Investment Income | $510,655 | $213,579 | $57,233 |
| Distributable Amount | $567,034 | $658,084 | $595,130 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JACOB FROMMER | TRUSTEE | 10 | — |
| SARA M FROMMER | TRUSTEE | 5 | — |
| MORDECHAI SCHON | TRUSTEE | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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