Homasote Foundation

Organization Overview

Homasote Foundation is located in West Trenton, NJ. The organization was established in 1954. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homasote Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Homasote Foundation generated $31.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 39.2% each year . All expenses for the organization totaled $26.6k during the year ending 12/2021. While expenses have increased by 2.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $6,260
Net Rental Income$0
Net Gain on Sale of Assets $24,780
Capital Gain Net Income $24,780
Net ST Capital Gain $647
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $31,040

Grants Awarded

Over the last fiscal year, Homasote Foundation has awarded $21,750 in support to 28 organizations.

Grant RecipientAmount

CAPITAL HEALTH DEVELOPMENT OFFICE

PURPOSE: ASSIST TO HOSP PROVID HEALTHCARE LOCAL

$3,500

MERCER COUNTY COMMUNITY COLLEGE FOUNDATION

PURPOSE: SUPPORTS COLLEGE TO PRVID QUAL EDUC

$2,500

HOMEFRONT

PURPOSE: ASSISTANCE TO INDIGENT FAMILIES

$2,000

RESCUE MISSION OF TRENTON

PURPOSE: ASSISTANCE TO INDIGENT FAMILIES

$2,000

TPC JASNA POLANA GPA TOUR CHARITIES

PURPOSE: BIRDIES FOR THE BRAVE SUPRT WND WARRIORS

$1,200

UNION FIRE COMPANY 911 FUND

PURPOSE: VOLUNTEER FIRE AND RESCUE SQUAD

$1,050
View Grant Profile

Peer Organizations

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