The Souchek Foundation Inc is a private foundation focused on Education, based in MANASQUAN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $138K in total assets. In 2024, it awarded 2 grants totaling $29K.
Key facts about The Souchek Foundation Inc
- EIN
- 22-3842273
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $29,200
- Grants made (2024)
- 2
- Average grant
- $14,600
- Median grant
- $14,600
- Total assets
- $137,985
- Primary geography
- New Jersey (66% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
How The Souchek Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2024 it paid out 330% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$138K
-17.1% YoY
Annual Giving
$29K
+47.8% YoY
Grant Count
2
-66.7% YoY
Avg Grant Size
$15K
+343.5% YoY
Under IRS private-foundation payout rules, The Souchek Foundation Inc reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About The Souchek Foundation Inc
Based on IRS filings
The Souchek Foundation Inc is a private foundation focused on Education, based in MANASQUAN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $138K in total assets. In 2024, it awarded 2 grants totaling $29K.
Focus Areas
Ready to take the next step with The Souchek Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $137,985 | $166,482 | $202,428 |
| Revenue | $6,191 | $-10,771 | $-23,854 |
| Expenses | $34,688 | $25,175 | $25,376 |
| Qualifying Distributions | $29,200 | $19,750 | $20,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $8,860 | $8,362 | $8,888 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Archdiocese of Newark ($19,200), College of the Holy Cross ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARCHDIOCESE OF NEWARK NEWARK, NJ | CONTRIBUTION | $19,200 |
| COLLEGE OF THE HOLY CROSS WORCESTER, MA | CONTRIBUTION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jason Nitche | Trustee | — | — |
| June Nitche | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Souchek Foundation Inc?
The Souchek Foundation Inc is a private foundation focused on Education, based in MANASQUAN, NJ. It holds $138K in total assets as of 2024.
How large is The Souchek Foundation Inc?
As of 2024, The Souchek Foundation Inc holds $138K in total assets with $6K in annual revenue. It awarded 2 grants totaling $29K in 2024.
Where does The Souchek Foundation Inc operate?
The Souchek Foundation Inc has awarded grants in California, Massachusetts, New Jersey.
What size grants does The Souchek Foundation Inc award?
In 2024, The Souchek Foundation Inc awarded 2 grants totaling $29K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is The Souchek Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Souchek Foundation Inc reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Souchek Foundation Inc's EIN?
The Souchek Foundation Inc's EIN (Employer Identification Number) is 22-3842273. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Souchek Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Catholic Foundation of Oklahoma Inc
OKLAHOMA CITY, OK
Assets
$85.2M
Grants
61
Total Given
$1.9M
L S Febre - Irr Tr
ORLANDO, FL
Assets
—
Grants
5
Total Given
$63K
Morris Charitable Trust
WYNNEWOOD, PA
Assets
$3.0M
Grants
38
Total Given
$165K
The Ron and Cindy Maulsby Foundation
NEW BRAUNFELS, TX
Assets
—
Grants
2
Total Given
$762
Foundation for Democracy Co Wilmington Trust
WILMINGTON, DE
Assets
—
Grants
2
Total Given
$21K
Fred H & Mary S Dore
BAINBRIDGE ISLAND, WA
Assets
$3.3M
Grants
69
Total Given
$160K
The O'Neill Family Foundation
PEACHTREE CITY, GA
Assets
$894K
Grants
50
Total Given
$76K
The Rotary Foundation of Rotary
EVANSTON, IL
Assets
$1.7B
Grants
325
Total Given
$25.5M
Michael E Speltz Charitable Foundation
ROLLINGSTONE, MN
Assets
—
Grants
4
Total Given
$280
The William C & Vivian Eiff
MANASQUAN, NJ
Assets
$1.4M
Grants
16
Total Given
$136K
The Robert Wood Johnson Foundation
PRINCETON, NJ
Assets
$13.4B
Grants
3,093
Total Given
$622.6M
Verizon Foundation
BASKING RIDGE, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
More Funders in New Jersey
Data last updated April 2026. Sourced from IRS Form 990-PF filings.