The Norcross Foundation Inc is a private foundation focused on Education, based in HADDONFIELD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $99K in total assets.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$99K
-5.7% YoY
Revenue
—
Net Investment Income
—
Expenses
$6K
-72.3% YoY
Under IRS private-foundation payout rules, The Norcross Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About The Norcross Foundation Inc
Based on IRS filings
The Norcross Foundation Inc is a private foundation focused on Education, based in HADDONFIELD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $99K in total assets.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $98,780 | $104,768 | $126,362 |
| Revenue | — | — | — |
| Expenses | $5,988 | $21,594 | $20,756 |
| Qualifying Distributions | — | $20,000 | $10,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $4,893 | $5,973 | $6,867 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE E NORCROSS III | TRUSTEE | 0.75 | — |
| JOHN F MUSCELLA CPA | TREASURER | 0.25 | — |
| ALESSANDRA T NORCOSS | PRESIDENT | 0.5 | — |
| SUSAN D HUDSON | SECRETARY | 0.25 | — |
| ALEXANDER S NORCOSS | TRUSTEE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Norcross Foundation Inc?
The Norcross Foundation Inc is a nonprofit organization focused on Education, based in HADDONFIELD, NJ. It holds $99K in total assets as of 2024.
How large is The Norcross Foundation Inc?
As of 2024, The Norcross Foundation Inc holds $99K in total assets.
Where does The Norcross Foundation Inc operate?
The Norcross Foundation Inc has awarded grants in Florida, New Jersey, Pennsylvania.
How much is The Norcross Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Norcross Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Norcross Foundation Inc's EIN?
The Norcross Foundation Inc's EIN (Employer Identification Number) is 22-3616915. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.