The Shotmeyer Family Foundation Inc

HAWTHORNE, NJ EIN: 02-0678761

The Shotmeyer Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HAWTHORNE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $666K in total assets. In 2024, it awarded 2 grants totaling $40K. Net investment income was $16K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$666K

-3.5% YoY

Annual Giving

$40K

+33.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$20K

+33.3% YoY

Under IRS private-foundation payout rules, The Shotmeyer Family Foundation Inc reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.

About The Shotmeyer Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $160K (100%)

States

New Jersey

Cities

EdisonHobokenLodiMahwah

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$666,444	$690,815	$730,859
Revenue	$25,615	$-237	$-894
Expenses	$50,054	$39,739	$43,012
Qualifying Distributions	$40,031	$30,031	$30,030
Net Investment Income	$15,592	$10,125	$7,006
Distributable Amount	$34,406	$31,852	$33,255

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hackensack Meridian Health Foundation ($20,000), Stevens Institute of Technology ($20,000).

Recipient	Purpose	Amount
HACKENSACK MERIDIAN HEALTH FOUNDATION EDISON, NJ	IN SUPPORT OF THE H&V STRUCTURAL AND CONGENTIAL HEART DISEASE FELLOWSHIP AT HACKENSACK MEDICAL CENTER.	$20,000
Stevens Institute of Technology HOBOKEN, NJ	TO SUPPORT THE HENRY SHOTMEYER ENDOWED SCHOLARSHIP FUND.	$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CHARLES SHOTMEYER	PRESIDENT	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Shotmeyer Family Foundation Inc?

The Shotmeyer Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HAWTHORNE, NJ. It holds $666K in total assets as of 2024.

How large is The Shotmeyer Family Foundation Inc?

As of 2024, The Shotmeyer Family Foundation Inc holds $666K in total assets with $26K in annual revenue. It awarded 2 grants totaling $40K in 2024.

Where does The Shotmeyer Family Foundation Inc operate?

The Shotmeyer Family Foundation Inc has awarded grants in New Jersey.

What size grants does The Shotmeyer Family Foundation Inc award?

In 2024, The Shotmeyer Family Foundation Inc awarded 2 grants totaling $40K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is The Shotmeyer Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Shotmeyer Family Foundation Inc reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Shotmeyer Family Foundation Inc's EIN?

The Shotmeyer Family Foundation Inc's EIN (Employer Identification Number) is 02-0678761. IRS Form 990 filing data is available on this page for 2020–2024.