Torpey Charitable Foundation
COLTS NECK, NJ EIN: 20-5620042
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$28K
+213.7% YoY
Annual Giving
$13K
+163.0% YoY
Grant Count
6
+500.0% YoY
Avg Grant Size
$2K
-56.2% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $28,032 | $8,937 | $23,309 |
| Revenue | $33,130 | $-8,511 | $768 |
| Expenses | $14,035 | $5,861 | $16,884 |
| Qualifying Distributions | $13,150 | $5,000 | $16,000 |
| Net Investment Income | $1,130 | $791 | $768 |
| Distributable Amount | $388 | $690 | $1,484 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Torpey Charitable Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN TORPEY | Trustee | — | — |
| KAREN TORPEY | Trustee | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
District of Columbia $40K (61%)
New Jersey $22K (33%)
New York $2K (3%)
Connecticut $1K (2%)
Kansas $1K (2%)
Cities
Colts NeckNew YorkNorwalkOakhurstTinton FallsTinton FallswTopekaWashingtonWest Long Branch
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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