Torpey Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLTS NECK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28K in total assets. In 2024, it awarded 6 grants totaling $13K. Net investment income was $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
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
About Torpey Charitable Foundation
Based on IRS filings
Torpey Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLTS NECK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28K in total assets. In 2024, it awarded 6 grants totaling $13K. Net investment income was $1K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| 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 .
Leadership & 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 | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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