The Jay and Linda Grunin Foundation logo

The Jay and Linda Grunin Foundation

Foundation · Grantmaker 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.

Key facts about The Jay and Linda Grunin Foundation

EIN
45-3988913
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$6,045,908
Grants made (2024)
86
Average grant
$70,301
Median grant
$25,000
New grantees (estimate)
37% first-time grantees (28 of 75, 2024)
Primary geography
New Jersey (90% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who The Jay and Linda Grunin Foundation funds

By grant dollars, the top recipient states for The Jay and Linda Grunin Foundation's 86 itemized 2024 grants were New Jersey (90%) and Florida (8%). The most frequent recipient cities were Toms River, NJ (12 grants), Red Bank, NJ (12 grants), Asbury Park, NJ (8 grants) and Neptune, NJ (4 grants). 45% of grants with a stated purpose were for general or operating support. Recurring purposes include "Capacity Support" (11 grants), "Capital Support" (3 grants) and "Grant PMT1OF3 for Gen Op Support" (3 grants).

Is The Jay and Linda Grunin Foundation open to new grantees?

37%

first-time grantees, 2024

In 2024, 28 of 75 grantees (37%) were first-time recipients. First grants averaged $25K; repeat grants $114K. How we count

Medians: $12K first-time, $35K repeat.

  • 52% of 2024 grantees were also funded in 2023. Method

Estimate from itemized IRS Form 990-PF grant lists (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with The Jay and Linda Grunin Foundation

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

Share of all 86 itemized 2024 grant dollars.

Cities

Toms RiverRed BankAsbury ParkNew YorkEatontownFreeholdLong BranchBurlingtonFarmingdalePrincetonTrentonBrickNeptuneNeptune CityBarnegatMercervilleWest Long BranchHaddonfieldHolmdelLakewood

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———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2024

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

Ocean County College Foundation: $650KOcean County CollegeFoundation$650KMonmouth University Inc: $550K across 2 grantsMonmouth University Inc$550K · 2 grantsHackensack Meridian Health Inc: $501K across 2 grantsHackensack Meridian Health Inc$501K · 2 grantsBoca Raton Regional Hospital Fnd: $500KBoca Raton Regional HospitalFnd$500KCount Basie Theatre Inc: $475K across 2 grantsCount Basie Theatre Inc$475K · 2 grantsCommunity Medical Center Foundation: $400KCommunity Medical CenterFoundation$400KNJ ARTS&CULTURAL Renewal Fund Inc: $250KNJ ARTS&CULTURAL Renewal FundInc$250KChildren's Specialized Hospital: $200KChildren's SpecializedHospital$200KFoodbank of Monmouth Dbafulfill: $200KFoodbank of MonmouthDbafulfill$200KInterfaith Neighbors Inc: $200KInterfaith Neighbors Inc$200K

Grant Size Distribution

455 grants across all recorded years

360<$50K35$50–100K25$100–250K15$250–500K20$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Ocean County College Foundation ($650,000), Monmouth University Inc ($550,000 across 2 grants), Hackensack Meridian Health Inc ($501,000 across 2 grants).

RecipientPurposeAmount
OCEAN COUNTY COLLEGE FOUNDATION Toms River, NJCAPITAL SUP/GRUNIN CENTER/OCVTS PAA$650,000
BOCA RATON REGIONAL HOSPITAL FND Boca Raton, FLCAPITAL SUPPORT$500,000
HACKENSACK MERIDIAN HEALTH INC Neptune, NJPROGRAM SUPPORT (PCT PROGRAM)$500,000
MONMOUTH UNIVERSITY INC West Long Branch, NJPROG SUPP SOCIAL JUSTICE ACADEMY$500,000
COMMUNITY MEDICAL CENTER FOUNDATION Toms River, NJCAPITAL SUPPORT (GME PROGRAM)$400,000
COUNT BASIE THEATRE INC Red Bank, NJCAPITAL SUPPORT/CAPACITY SUPPORT$274,666
NJ ARTS&CULTURAL RENEWAL FUND INC Montclair, NJGENERAL OPERATING SUPPORT$250,000
CHILDREN'S SPECIALIZED HOSPITAL Mountainside, NJCAPITAL SUPPORT$200,000
COUNT BASIE THEATRE INC Red Bank, NJ10 YR ENDOWMENT CAMPAIGN PMT 2 OF10$200,000
FOODBANK OF MONMOUTH DBAFULFILL Neptune City, NJPMT 1OF5 COMPREHENSIVE CAMPAIGN SUPP$200,000

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 Grunin — President: $240KJeremy GruninPresident$240KHeather Barberi — Exec Directo: $216KHeather BarberiExec Directo$216KVictoria Marie Fernandez — Dir Communit: $150KVictoria Marie FernandezDir Communit$150KKelly Fliller — Dir Communic: $111KKelly FlillerDir Communic$111KJaclyn Rodemann — Dir of Opera: $84KJaclyn RodemannDir of Opera$84K

From 2024 IRS 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

Frequently Asked Questions

What does The Jay and Linda Grunin Foundation fund?

**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** — Inv…

How do I apply for a grant from The Jay and Linda Grunin Foundation?

**Grant Activity:** 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. **Recent Grant Examples (2023-2024):** • Ocean County College Foundation: $650,000-$662,000 • Monmouth University: $500,000-$515,000 • Count Basie Center for Theatre Arts: $274,666 • Monmouth Medical Center Foundation: $607,500 **Total Annual Giving:** • 2023: $6,230,161 in grants made • 2024: Approximat…

Where does The Jay and Linda Grunin Foundation make 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.

What size grants does The Jay and Linda Grunin Foundation award?

In 2024, The Jay and Linda Grunin Foundation awarded 86 grants totaling $6.0M — an average of about $70K per grant, based on its IRS Form 990 filings.

What is The Jay and Linda Grunin Foundation's EIN?

The Jay and Linda Grunin Foundation's EIN (Employer Identification Number) is 45-3988913. IRS Form 990 filing data is available on this page for 2019–2024.

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

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