The Royalty Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDFORD, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $335K in total assets. In 2024, it awarded 20 grants totaling $76K. Net investment income was $75K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$335K
-2.9% YoY
Annual Giving
$76K
-10.7% YoY
Grant Count
20
+5.3% YoY
Avg Grant Size
$4K
-15.2% YoY
Under IRS private-foundation payout rules, The Royalty Trust reported a distributable amount of $77K for 2024 — the minimum it must pay out in qualifying distributions.
About The Royalty Trust
Based on IRS filings
The Royalty Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDFORD, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $335K in total assets. In 2024, it awarded 20 grants totaling $76K. Net investment income was $75K.
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 | $334,867 | $344,945 | $389,395 |
| Revenue | $84,539 | $58,977 | $77,461 |
| Expenses | $94,617 | $103,427 | $94,706 |
| Qualifying Distributions | $76,000 | $85,100 | $77,000 |
| Net Investment Income | $75,230 | $50,638 | $68,847 |
| Distributable Amount | $76,682 | $66,204 | $69,981 |
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
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include CASA Philadelphia ($10,000), Vorhees Animal Orphanage ($7,000), Deborah Heart and Lung Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Deborah Heart and Lung Foundation Browns Mills, NJ | charitable purposes | $5,000 |
| United Way of Martin County Stuart, FL | charitable purposes | $5,000 |
| COASTAL CONNECTIONS VERO BEACH, FL | GENERAL FUND | $2,000 |
| Vorhees Animal Orphanage Voorheis, NJ | general fund | $7,000 |
| Boys and Girls Club of Martin County Hobe Sound, FL | charitable purposes | $5,000 |
| Hobe Sound Nature Center Hobe Sound, FL | Charitable purposes | $5,000 |
| Food Bank of South Jersey Pennsauken, NJ | Charitable | $5,000 |
| CASA Philadelphia Philadelphia, PA | charitable | $10,000 |
| Hobe Sound Community Chest Hobe Sound, FL | Charitable purposes | $5,000 |
| Philabundance Philadelphia, PA | charitable | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Janet Merritt | trustee | — | — |
| Andrea Chambers | trustee | — | — |
| Gregg Merritt | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Royalty Trust?
The Royalty Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MEDFORD, NJ. It holds $335K in total assets as of 2024.
How large is The Royalty Trust?
As of 2024, The Royalty Trust holds $335K in total assets with $85K in annual revenue. It awarded 20 grants totaling $76K in 2024.
Where does The Royalty Trust operate?
The Royalty Trust has awarded grants in District of Columbia, Florida, Fm, New Jersey, Pennsylvania.
What size grants does The Royalty Trust award?
In 2024, The Royalty Trust awarded 20 grants totaling $76K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Royalty Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Royalty Trust reported a distributable amount of $77K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Royalty Trust's EIN?
The Royalty Trust's EIN (Employer Identification Number) is 20-6770692. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Royalty Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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