Foster Karney Trust Foundation
Invitation OnlyOcean City, New Jersey · EIN 22-6441627 · Private foundation
Grants paid (2025)$242K
Organizations funded19
Typical grant$14,000
Total assets$5.1M
Half of its grants to organizations were between $4,000 and $20,000.
From the return
How to apply
On its return for tax year 2025 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
10% of grants went outside New Jersey.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Foundation of Substainable Vets Hou | Westfield, NJ | General purpose | $27,000 |
| Ranch Hope | Galloway, NJ | General purpose | $27,000 |
| John R Elliott Hero Campaign | Somers Point, NJ | General purpose | $24,000 |
| Sunshine Foundation | Southampton, PA | General purpose | $22,000 |
| Shore Memorial Center | Somers Point, NJ | General purpose | $20,000 |
| Hope Music Festival | Somers Point, NJ | General purpose | $18,000 |
| Volunteers in Medicine | Cape May Court House, NJ | General purpose | $18,000 |
| Oc High School Scholarships | Ocean City, NJ | General purpose | $15,000 |
| American Legion Auxiliary Post 524 | Ocean City, NJ | General purpose | $14,279 |
| American Legion Post 524 | Ocean City, NJ | General purpose | $14,000 |
| Nj Run for the Fallen | Ocean City, NJ | General purpose | $10,000 |
| St Peters United Methodist Church | Ocean City, NJ | General purpose | $9,000 |
| Shriners Hospital for Children | Philadelphia, PA | General purpose | $6,000 |
| Cape Atlantic Citizens Alterating S | Ocean City, NJ | General purpose | $5,000 |
| Sones of American Legion Squad 524 | Ocean City, NJ | General purpose | $4,000 |
| Tara's Happy Boxes | Somers Point, NJ | General purpose | $3,000 |
| Angelic Heath Foundation | West Atlantic City, NJ | General purpose | $2,500 |
| Mudgirls Studios | Atlantic City, NJ | General purpose | $2,000 |
| Marine Mammal Stranding Center | Brigantine, NJ | General purpose | $1,000 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $241,779 | 19 |
| 2024 | $206,362 | 22 |
| 2023 | $211,808 | 23 |
| 2021 | $184,526 | 26 |
Sources
- IRS Form 990-PF, tax year 2025, filed Jun 15, 2026 - IRS e-file batch, object ID 202601669349100825
- IRS Tax Exempt Organization Search for EIN 22-6441627
- Profile updated Nov 5, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.