E J Grassmann Trust

Organization Overview

E J Grassmann Trust is located in Warren, NJ. The organization was established in 1980. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. E J Grassmann Trust 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, E J Grassmann Trust generated $2.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 2.0% 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.

Since 2020, E J Grassmann Trust has awarded 298 individual grants totaling $3,486,490. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $64,420
Dividends & Interest $595,437
Net Rental Income$0
Net Gain on Sale of Assets $1,236,396
Capital Gain Net Income $1,236,396
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $57,725
Total Revenue $1,953,978

Grants Awarded

Over the last fiscal year, E J Grassmann Trust has awarded $1,739,740 in support to 139 organizations.

Grant RecipientAmount

TRINITAS HEALTH FOUNDATION

Org PageRecipient Profile

Elizabeth, NJ

PURPOSE: CAPITAL FUND SUPPORT

$75,000

LOCKERLY ARBORETUM FOUNDATION

PURPOSE: CAPITAL FUND SUPPORT

$40,000

AMERICA'S GROW-A-ROW INC

PURPOSE: CAPITAL FUND SUPPORT

$32,000

REBUILDING MACON INC

Org PageRecipient Profile

Macon, GA

PURPOSE: CAPITAL FUND SUPPORT

$27,000

BOYS & GIRLS CLUBS OF UNION COUNTY

PURPOSE: CAPITAL FUND SUPPORT

$25,000

NAVICENT HEALTH FOUNDATION

Org PageRecipient Profile

Macon, GA

PURPOSE: CAPITAL FUND SUPPORT

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that E J Grassmann Trust has recieved totaling $6,200.

Awarding OrganizationAmount
Playhouse Association Incorporated

Summit, NJ

PURPOSE: Property Repairs

$6,200
View Grant Recipient Profile

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