Way & Gate Foundation Inc is a private foundation focused on Religion Related, based in MONROE ROWNSHIP, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3K in total assets. In 2024, it awarded 1 grants totaling $44K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3K
-90.7% YoY
Annual Giving
$44K
+259.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$44K
+259.6% YoY
Under IRS private-foundation payout rules, Way & Gate Foundation Inc reported a distributable amount of $150 for 2024 — the minimum it must pay out in qualifying distributions.
About Way & Gate Foundation Inc
Based on IRS filings
Way & Gate Foundation Inc is a private foundation focused on Religion Related, based in MONROE ROWNSHIP, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3K in total assets. In 2024, it awarded 1 grants totaling $44K.
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 | $3,194 | $34,393 | $804 |
| Revenue | $70,500 | $151,200 | $544,125 |
| Expenses | $101,699 | $117,611 | $595,563 |
| Qualifying Distributions | $99,466 | $117,365 | $593,241 |
| Net Investment Income | — | — | — |
| Distributable Amount | $150 | $261 | $143 |
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
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Seunghan Park ($44,466).
| Recipient | Purpose | Amount |
|---|---|---|
| SEUNGHAN PARK SILOAM SPRINGS, AR | GRANT | $44,466 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Way & Gate Foundation Inc?
Way & Gate Foundation Inc is a private foundation focused on Religion Related, based in MONROE ROWNSHIP, NJ. It holds $3K in total assets as of 2024.
How large is Way & Gate Foundation Inc?
As of 2024, Way & Gate Foundation Inc holds $3K in total assets with $71K in annual revenue. It awarded 1 grants totaling $44K in 2024.
Where does Way & Gate Foundation Inc operate?
Way & Gate Foundation Inc has awarded grants in Arkansas, Texas.
What size grants does Way & Gate Foundation Inc award?
In 2024, Way & Gate Foundation Inc awarded 1 grants totaling $44K — an average of about $44K per grant, based on its IRS Form 990 filings.
How much is Way & Gate Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Way & Gate Foundation Inc reported a distributable amount of $150 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Way & Gate Foundation Inc's EIN?
Way & Gate Foundation Inc's EIN (Employer Identification Number) is 46-4314655. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Way & Gate Foundation Inc'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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