The Targan Foundation
The Targan Foundation is a private foundation, based in SADDLE BROOK, NJ. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $2.4M. Net investment income was $37K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$2.4M
+1686.1% YoY
Grant Count
1
-75.0% YoY
Avg Grant Size
$2.4M
+7044.5% YoY
Under IRS private-foundation payout rules, The Targan Foundation reported a distributable amount of $58K for 2022 — the minimum it must pay out in qualifying distributions.
About The Targan Foundation
Based on IRS filings
The Targan Foundation is a private foundation, based in SADDLE BROOK, NJ. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $2.4M. Net investment income was $37K.
Ready to take the next step with The Targan Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $757,880 | $838,820 |
| Revenue | $37,268 | $54,088 | $57,242 |
| Expenses | $2,413,715 | $135,028 | $55,783 |
| Qualifying Distributions | $2,412,272 | — | — |
| Net Investment Income | $37,268 | $63,524 | $57,242 |
| Distributable Amount | $58,449 | $106,681 | $81,613 |
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 2022
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include National Philanthropic Trust ($2,411,266).
| Recipient | Purpose | Amount |
|---|---|---|
| NATIONAL PHILANTHROPIC TRUST JENKINTOWN, PA | CHARITABLE (SEE STATEMENT 11) | $2,411,266 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMY LUSHING | PRESIDENT | 0.1 | — |
| ADAM TARGAN | VICE PRESIDENT | 0.1 | — |
| GLORIA COPPOLA | SECRETARY/TREASURER | 0.1 | — |
Frequently Asked Questions
Where does The Targan Foundation operate?
The Targan Foundation has awarded grants in Arizona, Illinois, Maryland, New Jersey, New York, Pennsylvania, Tennessee.
What size grants does The Targan Foundation award?
In 2022, The Targan Foundation awarded 1 grants totaling $2.4M — an average of about $2.4M per grant, based on its IRS Form 990 filings.
How much is The Targan Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, The Targan Foundation reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Targan Foundation's EIN?
The Targan Foundation's EIN (Employer Identification Number) is 22-2762662. IRS Form 990 filing data is available on this page for 2020–2022.
Explore Open Grants
Browse active grant opportunities in The Targan 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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