The Jay and Linda Grunin Foundation logo

The Jay and Linda Grunin Foundation

TOMS RIVER, NJ EIN: 45-3988913 Website

The Jay and Linda Grunin Foundation is a family foundation located in Toms River, New Jersey. Co-founded in 2013 by Jay and the late Linda Grunin, with their son Jeremy serving as president, the Foundation provides holistic support through funding, capacity building, and coalition building to organizations aligned with its vision for the Central Jersey Shore. The Foundation operates with a staff of five and a board of eleven, which includes five family members and six community members.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$6.0M

-3.0% YoY

Grant Count

86

+10.3% YoY

Avg Grant Size

$70K

-12.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission Statement: The Grunin Foundation provides holistic support through funding, capacity building, and coalition building to organizations who have a shared vision of an equitable, just, and vibrant Central Jersey Shore.

Strategic Priorities (2024-2026):

  1. Funding — Supporting organizations, partnerships, coalitions, and other structures whose work aligns with the Foundation's prioritized outcomes and who have a strong connection to the community.

  2. Capacity Building — Investing in the capacity building of organizations and individuals to enhance their impact, effectiveness, and sustainability through workshops, customized trainings, and one-on-one coaching.

  3. Coalition Building — Engaging in coalition building and advocacy at the regional and state levels to impact systemic issues.

Funding Outcome Areas: The Foundation has transitioned from traditional pillars (arts, education, healthcare) to six specific outcome focus areas that collectively work toward an equitable, just, and vibrant Central Jersey Shore.

Equity Commitment: The Foundation recognizes that marginalized communities—including groups excluded based on race, age, sexual orientation, disability, socioeconomic status, or immigration status—face specific challenges and are disproportionately impacted in the region. The Foundation values partnerships with organizations whose work positively impacts these communities and has pledged to integrate equity, diversity, inclusion, and belonging throughout its work.

Funding Approach: The Foundation emphasizes flexible, general operating support over programmatic funding to empower nonprofits to be more adaptable, innovative, and sustainable.

Grantmaking

Since 2013, the Foundation has made over 1,045 grants totaling more than $58 million in investments to the Central Jersey Shore, with an additional $11-12 million committed.

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Geographic Focus

Where this funder awards grants

The Foundation maintains a place-based funding approach with direct focus on the Central Jersey Shore, specifically Ocean and Monmouth Counties, New Jersey. As a place-based funder, the Foundation aims to create meaningful change by investing in the region, understanding its unique dynamics, and working collaboratively to address its most pressing challenges.

Grant Distribution by State

15states
+7 more states

Cities

ALLENHURSTASBURY PARKATLANTAATLANTIC CITYAVENELBARNEGATBASKING RIDGEBAYVILLEBEACH HAVENBEACH HAVNEBEACHWOODBOCA RATONBOSTONBRICKBRIDGEWATERBURLINGTONCAMDENCHATHAMCINCINNATICLARK

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2023):

  • Total Assets: $488,456
  • Total Revenues: $7,803,277
  • Total Expenses: $9,243,720

Assets & Revenue (2024):

  • Total Assets: $21,036
  • Total Revenues: $7,076,736
  • Total Expenses: $10,825,937

Cumulative Impact:

  • Total Invested: $58 million (since 2013)
  • Additional Committed: $11-12 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120192020202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$6M93 grants2019114 grants202084 grants202278 grants202386 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BOCA RATON REGIONAL HOSP…$500KHACKENSACK MERIDIAN HEAL…$500KMONMOUTH UNIVERSITY INC$500KCOMMUNITY MEDICAL CENTER…$400KCOUNT BASIE THEATRE INC$275KNJ ARTS&CULTURAL RENEWAL…$250KCHILDREN'S SPECIALIZED H…$200KCOUNT BASIE THEATRE INC$200KFOODBANK OF MONMOUTH DBA…$200KINTERFAITH NEIGHBORS INC$200K

Grant Size Distribution

250 grants across all recorded years

188<$50K21$50–100K17$100–250K9$250–500K15$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Jay Grunin — Co-founder. Graduated from Brooklyn College (with honors) in 1964 and from NYU School of Law in 1967, where he served as an Editor of the Law Review. After early legal practice in New York and a clerkship with the Appellate Division in New Jersey, he and Linda established a law firm in Ocean County in the 1970s. In the 1990s, they dissolved their law practice to focus on business investments and philanthropy.

  • Jeremy Grunin — President of the Grunin Foundation and only child of Jay and Linda Grunin.

  • Linda Grunin — Late co-founder. Met Jay at NYU School of Law in 1967 and was his business partner in their law firm and subsequent ventures.

Compensation Overview

From 2024 IRS filing

JEREMY GRUNINPRESIDENT$240KHEATHER BARBERIEXEC DIRECTO$216KVICTORIA MARIE FERNA…DIR COMMUNIT$150KKELLY FLILLERDIR COMMUNIC$111KJACLYN RODEMANNDIR OF OPERA$84K

From 2024 filing

NameTitleHoursCompensation
JAY GRUNINCHAIRMAN12
JEREMY GRUNINPRESIDENT36$240,000
HEATHER BARBERIEXEC DIRECTO40$215,815
KELLY FLILLERDIR COMMUNIC40$110,674
JOSHUA GRUNINBOARD MEMBER5
VICTORIA MARIE FERNANDEZDIR COMMUNIT40$150,255
REBECCA GRUNINBOARD MEMBER5
TOMAS ALVAREZBOARD MEMBER5
LAURIE GOGANZERBOARD MEMBER5
NICOLE PULLIAMBOARD MEMBER5
EDWARD JOHNSONBOARD MEMBER5
JACLYN RODEMANNDIR OF OPERA40$83,635
ADRIANA MEDINA-GOMEZBOARD MEMBER5
ELIZABETH GOLLABOARD MEMBER5
EMMA GRUNINBOARD MEMBER5

Recent News & Activity

Recent developments and announcements

2024

The Foundation continues to expand its capacity building initiatives, including the Pragmatic Activism Fall Cohort 2024, which provides programming and learning opportunities for nonprofit leaders and community members.

2024

The Foundation released its 2024-2026 Strategic Plan, outlining its continued commitment to systemic change through funding, capacity building, and coalition building in the Central Jersey Shore region.

Grunin Foundation President Named to New Jersey Coalition

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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