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Filing year 2024

MUSTANG FOUNDATION INC

Oceanport, New Jersey·EIN 82-3625985·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$19.1M
Total assets
$30.4M
Total expenses
$4.3M
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. MUSTANG FOUNDATION INC reported 4 unpaid officers and board members on its 990-PF.

Trustee and President
Trustee and Vice-president
Trustee and Treasurer
Trustee and Secretary

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$4.1M

Itemized grants

32

Median grant

$28k

RecipientLocationPurposeAmount
MONMOUTH COUNTY SPCAEATONTOWN, NJGENERAL SUPPORT$1.3M
ROUNDABOUT THEATER COMPANYNEW YORK, NYGENERAL SUPPORT$1M
FIND YOUR LIGHT FOUNDATIONLOS ANGELES, CAGENERAL SUPPORT$350k
GENTLE GIANTS DRAFT HORSE RESCUEMT AIRY, MDGENERAL SUPPORT$200k
THE CLIMATE MUSEUMNEW YORK, NYGENERAL SUPPORT$200k
WHARTON INSTITUTE FOR THE PERFORMING ARTSBERKELEY HEIGHTS, NJGENERAL SUPPORT$200k
THE HUMANE SOCIETY OF THE UNITED STATEWASHINGTON, DCGENERAL SUPPORT$200k
LUNCH BREAKRED BANK, NJGENERAL SUPPORT$100k
PLASTIC POLLUTION COALITIONWASHINGTON, DCGENERAL SUPPORT$74k
THE ALLIANCE FOR CLIMATE PROTECTIONWASHINGTON, DCGENERAL SUPPORT$59k
ALLAIRE COMMUNITY FARMWALL TOWNSHIP, NJGENERAL SUPPORT$50k
BOOMER ESIASON FOUNDATIONGARDEN CITY PARK, NYGENERAL SUPPORT$50k
PATH HOMEPORTLAND, ORGENERAL SUPPORT$50k
THE BRIGID ALLIANCENEW YORK, NYGENERAL SUPPORT$50k
BRICK CITY KITTIES RESCUENEWARK, NJGENERAL SUPPORT$40k
GLOBAL HEALTH CORPS INCNEW YORK, NYGENERAL SUPPORT$30k
ADELANTE MUJERRESFOREST GROVE, ORGENERAL SUPPORT$25k
BRADLEY ANGLEPORTLAND, ORGENERAL SUPPORT$25k
COALITION FOR THE HOMELESSNEW YORK, NYGENERAL SUPPORT$25k
GROW NYCNEW YORK, NYGENERAL SUPPORT$25k
THE BRIDGE PROJECTNEW YORK, NYGENERAL SUPPORT$25k
CREATIVE GROWTHOAKLAND, CAGENERAL SUPPORT$25k
BLOOM WHERE PLANTEDPASADENA, CAGENERAL SUPPORT$20k
SOUP KITCHEN 411BETHLEHEM, PAGENERAL SUPPORT$15k
CITTANEW YORK, NYGENERAL SUPPORT$10k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

MUSTANG FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$728k
$1.7M
2023
$19.1M
$4.3M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

MUSTANG FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about MUSTANG FOUNDATION INC

What are MUSTANG FOUNDATION INC's revenue and expenses?

In 2024, MUSTANG FOUNDATION INC reported $19.1M in total revenue and $4.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.