The Sandy Hill Foundation

MADISON, NJ EIN: 22-2668774

The Sandy Hill Foundation is a private foundation based in Madison, New Jersey. Incorporated in 1985 and formally established in 1987, it operates as a grantmaking organization with no employees. The foundation maintains its principal office at 7 Giralda Farms, Suite 330, Madison, NJ 07940.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$25.4M

+51.1% YoY

Annual Giving

$3.9M

+12.4% YoY

Grant Count

117

-4.9% YoY

Avg Grant Size

$33K

+18.2% YoY

Under IRS private-foundation payout rules, The Sandy Hill Foundation reported a distributable amount of $809K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's giving priorities include:

  • Community Foundations — Primary focus area
  • Education — Particularly higher education
  • Health Organizations
  • Human Services

The foundation does not maintain a published mission statement on public platforms.

Grantmaking

The Sandy Hill Foundation is an active grantmaker with a substantial portfolio:

Grant Range

** $1,000–$500,000

Average Grant

** $25,900

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • New Jersey
  • Florida
  • Pennsylvania

Grant Distribution by State

19states
+11 more states

Cities

AllentownArlingtonAsbury ParkAtlantaBelle GladeBethlehemBeverly HillsBloomfieldBoca RatonBooneBoynton BeachBrickBurlingtonCaldwellCedar KnollsChathamChesterClermontClevelandClifton

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024)

  • Total assets: $25,405,664
  • Total revenues: $10,929,687
  • Total expenses: $3,879,835
  • Grants and contributions received: $10,353,156
  • Investment income and dividends: $225,081
  • Net gain from sale of non-inventory assets: $351,450

Financial Growth

The foundation experienced significant revenue growth in 2024, with grants and contributions increasing 999% compared to 2023, reflecting a substantial influx of funding during the year.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20202021202220232024
Metric202420232022
Total Assets$25,405,664$16,809,231$17,254,739
Revenue$10,929,687$83,821$375,908
Expenses$3,879,835$3,487,766$3,335,008
Qualifying Distributions$3,874,435$3,445,963$3,239,171
Net Investment Income$1,983,926$558,353$603,252
Distributable Amount$809,074$878,704$1,015,593

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M139 grants2020124 grants2021125 grants2022123 grants2023117 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

COMMUNITY FOUNDATION OF …$500KIMMACULATA UNIVERSITY$500KFOUNDATION FOR MORRISTOW…$360KCATHOLIC CHARITIES DIOCE…$350KFOUNDATION FOR MORRISTOW…$280KEL SOL$100KADORER MISSIONARY SISTER…$50KFLORIDA ATLANTIC UNIVERS…$50KFLORIDA ATLANTIC UNIVERS…$50KEVA'S VILLAGE INC$40K

Grant Size Distribution

250 grants across all recorded years

218<$50K15$50–100K5$100–250K7$250–500K4$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Community Foundation of New Jersey ($500,000), Immaculata University ($500,000), Foundation for Morristown Medical Center ($360,000).

RecipientPurposeAmount
ADORER MISSIONARY SISTERS OF THE POOR INC WEST PALM BEACH, FLGENERAL FUND$50,000
AMERICAN CANCER SOCIETY HAZLETON, PAGENERAL FUND$5,000
AMERICARES STAMFORD, CTGENERAL FUND$10,000
ARCHDIOCESE OF NEWARK NEWARK, NJGENERAL FUND$10,000
BASECAMP 31 LEBANON, NJGENERAL FUND$5,000
BENNY'S BODEGA NEWTON, NJGENERAL FUND$5,000
BLOSSOM HILL FOUNDATION NEW CANAAN, CTGENERAL FUND$5,000
BOYS & GIRLS CLUB OF NEWARK NEWARK, NJGENERAL FUND$25,000
CALDWELL UNIVERSITY CALDWELL, NJGENERAL FUND$5,000
CARE USA ATLANTA, GAGENERAL FUND$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

Key personnel include:

  • Frank E. Walsh Jr. — Chairman
  • Joseph Walsh — President
  • Jeffrey R. Walsh — Treasurer/Secretary

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSEPH WALSHPRESIDENT2
FRANK E WALSH JRCHAIRMAN10
JEFFREY R WALSHSECRETARY5
MARY D WALSHVICE PRESIDENT
MEGHAN WALSH CIOFFIVICE PRESIDENT
FRANK E WALSH IIIVICE PRESIDENT5
MARIA K SAPOLTREASURER5

Contact Information

  • Telephone: 973-290-2333
  • Address: 7 Giralda Farms, Suite 330, Madison, NJ 07940-1037
  • EIN: 22-2668774

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Sandy Hill Foundation fund?

The foundation's giving priorities include: • **Community Foundations** — Primary focus area • **Education** — Particularly higher education • **Health Organizations** • **Human Services** The foundation does not maintain a published mission statement on public platforms.

How do I apply for a grant from The Sandy Hill Foundation?

The Sandy Hill Foundation is an active grantmaker with a substantial portfolio: • **Total giving (2024):** $3,874,000 • **Number of grants:** Approximately 125 grants annually • **Typical grant range:** $1,000–$500,000 • **Median grant size:** $10,000 • **Average grant size:** $25,900 Notable recent grants include: • Immaculata University: $500,000 (General Fund) • Community Foundation of New Jersey: $500,000 (General Fund) • Foundation for Morristown Medical Center: $360,000 (General Fund) • R…

Where does The Sandy Hill Foundation make grants?

The foundation primarily funds organizations in: • New Jersey • Florida • Pennsylvania

What size grants does The Sandy Hill Foundation award?

In 2024, The Sandy Hill Foundation awarded 117 grants totaling $3.9M — an average of about $33K per grant, based on its IRS Form 990 filings.

How much is The Sandy Hill Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sandy Hill Foundation reported a distributable amount of $809K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Sandy Hill Foundation's EIN?

The Sandy Hill Foundation's EIN (Employer Identification Number) is 22-2668774. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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

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