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Filing year 2024

THE JAY AND LINDA GRUNIN FOUNDATION D/B/A GRUNIN FOUNDATION

Toms River, New Jersey·EIN 45-3988913·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$7.1M
Total assets
$21k
Total expenses
$10.8M
Reported officers
15

Executive compensation

Form 990-PF · Part VIII · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey.

President
Board President
Above 90th percentile
$240k
$259k
Exec Directo
Unclassified
$216k
$233k
Dir Communit
Unclassified
$150k
$162k
Dir Communic
Unclassified
$111k
$120k
Dir of Opera
Unclassified
$84k
$90k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE JAY AND LINDA GRUNIN FOUNDATION D/B/A GRUNIN FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$6M

Itemized grants

86

Median grant

$25k

RecipientLocationPurposeAmount
OCEAN COUNTY COLLEGE FOUNDATIONTOMS RIVER, NJCAPITAL SUP/GRUNIN CENTER/OCVTS PAA$650k
BOCA RATON REGIONAL HOSPITAL FNDBOCA RATON, FLCAPITAL SUPPORT$500k
HACKENSACK MERIDIAN HEALTH INCNEPTUNE, NJPROGRAM SUPPORT (PCT PROGRAM)$500k
MONMOUTH UNIVERSITY INCWEST LONG BRANCH, NJPROG SUPP SOCIAL JUSTICE ACADEMY$500k
COMMUNITY MEDICAL CENTER FOUNDATIONTOMS RIVER, NJCAPITAL SUPPORT (GME PROGRAM)$400k
COUNT BASIE THEATRE INCRED BANK, NJCAPITAL SUPPORT/CAPACITY SUPPORT$275k
NJ ARTS&CULTURAL RENEWAL FUND INCMONTCLAIR, NJGENERAL OPERATING SUPPORT$250k
CHILDREN'S SPECIALIZED HOSPITALMOUNTAINSIDE, NJCAPITAL SUPPORT$200k
COUNT BASIE THEATRE INCRED BANK, NJ10 YR ENDOWMENT CAMPAIGN PMT 2 OF10$200k
FOODBANK OF MONMOUTH DBAFULFILLNEPTUNE CITY, NJPMT 1OF5 COMPREHENSIVE CAMPAIGN SUPP$200k
INTERFAITH NEIGHBORS INCASBURY PARK, NJCAPITAL SUPPORT$200k
RUTGERS UNIVERSITY FOUNDATIONNEW BRUNSWICK, NJPROG SUP SCARLET SERVICE INITIATIVE$200k
YMCA OF GREATER MONMOUTH COUNTYSHREWSBURY, NJCAPACITY SUPPORT$112k
LUNCH BREAKRED BANK, NJCAP CAMPAIGN/PROG SUPP/GEN DONATION$111k
BOYS&GIRLS CLUB OF MONMOUTH COUNTYASBURY PARK, NJPROJECT L.E.A.D./GEN CAPACITY SUP$109k
YOUNG AUDIENCES OF NJPRINCETON, NJPMT 1OF3 FOR GENERAL OP SUPPORT$100k
GARDEN STATE SCHOLASTIC ESPORTSTOMS RIVER, NJGRANT PMT 1OF3 GENERAL OP SUPPORT$85k
SUPPORT CENTER FOR NONPROFIT MGTNEW YORK, NYCAPACITY(CUSTOMTRAINING/OFFICE HRS/)$60k
ART PRIDE NJ FOUNDATION INCBURLINGTON, NJGENERAL OPERATING SUPPORT$50k
BIG BROS BIG SIS OF COASTAL&NO NJASBURY PARK, NJGENERAL OPERATING SUPPORT$50k
BOYS&GIRLS CLUB OF MONMOUTH COUNTYASBURY PARK, NJGRANT PMT 1OF4 GENERAL OP SUPPORT$50k
INSPIRE LIFENEPTUNE CITY, NJGRANT PMT1OF3 FOR GEN OP SUPPORT$50k
KONSCIOUS YOUTH DEVELOPMENT&SERVICEASBURY PARK, NJGRANT PMT1OF3 FOR GEN OP SUPPORT$50k
MONMOUTH UNIVERSITY INCWEST LONG BRANCH, NJPMT1OF4 INTERCULTURAL CTR SUPPORT$50k
NEW JERSEY THEATRE ALLIANCETOMS RIVER, NJPMT1OF3 FOR GENERAL OP SUPPORT$50k
Compare this foundation's grantees

Up 17%
from 2023

From $206k in 2023 to $240k in 2024.

$206k
2023
$240k
2024
In today's dollarsEst.
Up 12% in real terms$231k to $259k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE JAY AND LINDA GRUNIN FOUNDATION D/B/A GRUNIN FOUNDATION

What does the Board President of THE JAY AND LINDA GRUNIN FOUNDATION D/B/A GRUNIN FOUNDATION earn?

In 2024, the Board President of THE JAY AND LINDA GRUNIN FOUNDATION D/B/A GRUNIN FOUNDATION received $240,000 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in New Jersey: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at THE JAY AND LINDA GRUNIN FOUNDATION D/B/A GRUNIN FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, the 2024 pay of the Board President at THE JAY AND LINDA GRUNIN FOUNDATION D/B/A GRUNIN FOUNDATION falls in the top 10%. In 2024, the highest total compensation at THE JAY AND LINDA GRUNIN FOUNDATION D/B/A GRUNIN FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE JAY AND LINDA GRUNIN FOUNDATION D/B/A GRUNIN FOUNDATION's revenue and expenses?

In 2024, THE JAY AND LINDA GRUNIN FOUNDATION D/B/A GRUNIN FOUNDATION reported $7.1M in total revenue and $10.8M 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.