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MUSTANG FOUNDATION INC

OCEANPORT, NJ 823625985

The Mustang Foundation Inc, based in Oceanport, NJ, manages $18.9 million in assets, supports various U.S. cities, and is led by a volunteer board of trustees.

Overview

About MUSTANG FOUNDATION INC

The Mustang Foundation Inc is a philanthropic organization based in Oceanport, New Jersey, with assets totaling approximately $18.9 million. The foundation reported expenses of about $1.66 million and revenue of $727,621. It supports various cities across the United States, including major areas like New York, Newark, and Portland, and operates in states such as California, New York, and New Jersey. The foundation is managed by a board of trustees, including Frances Turner as President, Paul Turner as Vice-President, Karla L Arria-Devoe as Treasurer, and Andrea R Arria-Devoe as Secretary, all of whom work on a voluntary basis without compensation. The foundation does not specify particular subject areas of focus on its public records.

Focus Areas

N/A

Geographic Focus

CADCMAMDNJNYORPAVT
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $19.0M
Total Awarded This Year $1.6M
Average Grant Size $43K
Total Grants (Previous Year) 0
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
OCEANPORT, NJ US
Geographic Funding Distribution

Financials

Total Assets
$18,987,466

in 2024, compared to $19,927,081 in 2023

Annual Grants
$1,597,000

37 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$510,000MONMOUTH COUNTY SPCAGENERAL SUPPORT260 WALL STREET EATONTOWN, NJ US2024
$250,000THE CLIMATE MUSEUMGENERAL SUPPORT630 NINTH AVENUE SUITE 1010 NEW YORK, NY US2024
$150,000ROUNDABOUT THEATER COMPANYGENERAL SUPPORT231 WEST 39TH STREET SUITE 1200 NEW YORK, NY US2024
$100,000WHARTON INSTITUTE FOR THE PERFORMING ARTSGENERAL SUPPORT60 LOCUST AVENUE BERKELEY HEIGHTS, NJ US2024
$75,000GENTLE GIANTS DRAFT HORSE RESCUEGENERAL SUPPORT17250 OLD FREDERICK ROAD MT AIRY, MD US2024
$50,000EARTH ISLAND INSTITUTEGENERAL SUPPORT2150 ALLSTON WAY SUITE 460 BERKELEY, CA US2024
$50,000THE BRIGID ALLIANCEGENERAL SUPPORTPO BOX 58 NEW YORK, NY US2024
$40,000PATH HOMEGENERAL SUPPORT6220SE 92ND AVENUE PORTLAND, OR US2024
$30,000BOOMER ESIASON FOUNDATIONGENERAL SUPPORT200 B ARMSTRONG ROAD GARDEN CITY PARK, NY US2024
$30,000COUNT BASIE THEATERGENERAL SUPPORT99 MONMOUTH STREET RED BANK, NJ US2024
37 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
FT
FRANCES TURNER
TRUSTEE AND PRESIDENT$02022
PT
PAUL TURNER
TRUSTEE AND VICE-PRESIDENT$02022
KLA
KARLA L ARRIA-DEVOE
TRUSTEE AND TREASURER$02022
ARA
ANDREA R ARRIA-DEVOE
TRUSTEE AND SECRETARY$02022
FT
FRANCES TURNER
TRUSTEE AND PRESIDENT$02023
PT
PAUL TURNER
TRUSTEE AND VICE-PRESIDENT$02023
KLA
KARLA L ARRIA-DEVOE
TRUSTEE AND TREASURER$02023
ARA
ANDREA R ARRIA-DEVOE
TRUSTEE AND SECRETARY$02023
FT
FRANCES TURNER
TRUSTEE AND PRESIDENT$02024
PT
PAUL TURNER
TRUSTEE AND VICE-PRESIDENT$02024
12 row(s) total.

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Page 1 of 2

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on December 15, 2024