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Filing year 2024

PROSPECT FOUNDATION INC

Sea Girt, New Jersey·EIN 22-6026241·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$90k
Total assets
$361k
Total expenses
$33k
Reported officers
4

Reported officers (all unpaid)

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

President
Secretary
Portfolio Mgr
General Counsel

Grants paid

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

Total granted

$31k

Itemized grants

16

Median grant

$1k

RecipientLocationPurposeAmount
NATURAL RESOURCES DEFENSE COUNCILNEW YORK, NYGENERAL SUPPORT$9k
ZEN STUDIES SOCIETYNEW YORK, NYGENERAL SUPPORT$4k
350ORGBOSTON, MAGENERAL SUPPORT$2k
CYPRESS HILLS DEV CORPBROOKLYN, NYGENERAL SUPPORT$2k
HOLY CROSS HSFLUSHING, NYGENERAL SUPPORT$2k
PROSPECT PARK ALLIANCEBROOKLYN, NYGENERAL SUPPORT$2k
ROCHESTER FOOD PANTRYACCORD, NYGENERAL SUPPORT$2k
SIENNA COLLEGELOUDONVILLE, NYGENERAL SUPPORT$2k
BOSTON COLLEGECHESTNUT HILL, MAGENERAL SUPPORT$1k
COVENANT HOUSENEW YORK, NYGENERAL SUPPORT$1k
FORDHAM LAW SCHOOLNEW YORK, NYGENERAL SUPPORT$1k
SOCIETY OF THE SACRED HEARTNEW YORK, NYGENERAL SUPPORT$1k
CHURCH OF ST HELENWESTFIELD, NJGENERAL SUPPORT$500
HUNTER COLLEGENEW YORK, NYGENERAL SUPPORT$500
NYST PBA SCHOLARSHIPWOODBRIDGE, NJGENERAL SUPPORT$500
WORLD WILDLIFE FUNDWASHINGTON, DCGENERAL SUPPORT$500
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

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

RevenueExpenses
$63k
$33k
2023
$90k
$33k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

PROSPECT 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 PROSPECT FOUNDATION INC

What are PROSPECT FOUNDATION INC's revenue and expenses?

In 2024, PROSPECT FOUNDATION INC reported $90k in total revenue and $33k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.