The Sweetheart Foundation is a private foundation focused on Human Services, based in ALLENDALE, NJ. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $184K in total assets. In 2024, it awarded 1 grants totaling $6K. Net investment income was $6K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$184K
+144.3% YoY
Annual Giving
$6K
Grant Count
1
Avg Grant Size
$6K
Under IRS private-foundation payout rules, The Sweetheart Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About The Sweetheart Foundation
Based on IRS filings
The Sweetheart Foundation is a private foundation focused on Human Services, based in ALLENDALE, NJ. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $184K in total assets. In 2024, it awarded 1 grants totaling $6K. Net investment income was $6K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $184,247 | $75,419 |
| Revenue | $117,214 | $25,480 |
| Expenses | $8,386 | $31 |
| Qualifying Distributions | $6,778 | $31 |
| Net Investment Income | $5,606 | $480 |
| Distributable Amount | $7,358 | $4,256 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Oasis ($5,808).
| Recipient | Purpose | Amount |
|---|---|---|
| OASIS PATERSON, NJ | GENERAL ACTIVITIES | $5,808 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARTHA ANN SUTPHIN | TRUSTEE | 2 | — |
| RALPH LAROSSA | TRUSTEE | 1 | — |
| ERIN LAROSSA | TRUSTEE | 1 | — |
| WILLIAM LAROSSA | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Sweetheart Foundation?
The Sweetheart Foundation is a private foundation focused on Human Services, based in ALLENDALE, NJ. It holds $184K in total assets as of 2024.
How large is The Sweetheart Foundation?
As of 2024, The Sweetheart Foundation holds $184K in total assets with $117K in annual revenue. It awarded 1 grants totaling $6K in 2024.
Where does The Sweetheart Foundation operate?
The Sweetheart Foundation has awarded grants in New Jersey.
What size grants does The Sweetheart Foundation award?
In 2024, The Sweetheart Foundation awarded 1 grants totaling $6K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The Sweetheart Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sweetheart Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Sweetheart Foundation's EIN?
The Sweetheart Foundation's EIN (Employer Identification Number) is 85-4100354. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in The Sweetheart Foundation'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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