Foster Karney Trust Foundation
Preselected recipients only
Foster Karney Trust Foundation is a private foundation in Ocean City, New Jersey. In tax year 2025 it gave $241,779 in 19 grants; the typical grant was $14,000 and the largest $27,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$241,779
- Number of grants19
- Typical grant$14,000
- Largest grant$27,000
- Assets$5.1 million
- New grantees100%
Giving in 2025 was up from $206,362 the year before.
100% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2021 | $184,526 | 26 | $4.5 million |
| 2023 | $211,808 | 23 | $4.3 million |
| 2024 | $206,362 | 22 | $4.9 million |
| 2025 | $241,779 | 19 | $5.1 million |
How to apply
Foster Karney Trust Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Foster Karney Trust Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to New Jersey.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 17 | $213,779 |
| Pennsylvania | 2 | $28,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Foundation of Substainable Vets Hou | General purpose | $27,000 |
| Ranch Hope | General purpose | $27,000 |
| John R Elliott Hero Campaign | General purpose | $24,000 |
| Sunshine Foundation | General purpose | $22,000 |
| Shore Memorial Center | General purpose | $20,000 |
| Hope Music Festival | General purpose | $18,000 |
| Volunteers in Medicine | General purpose | $18,000 |
| Oc High School Scholarships | General purpose | $15,000 |
| American Legion Auxiliary Post 524 | General purpose | $14,279 |
| American Legion Post 524 | General purpose | $14,000 |
| NJ Run for the Fallen | General purpose | $10,000 |
| St Peters United Methodist Church | General purpose | $9,000 |
| Shriners Hospital for Children | General purpose | $6,000 |
| Cape Atlantic Citizens Alterating S | General purpose | $5,000 |
| Sones of American Legion Squad 524 | General purpose | $4,000 |
| Tara's Happy Boxes | General purpose | $3,000 |
| Angelic Heath Foundation | General purpose | $2,500 |
| Mudgirls Studios | General purpose | $2,000 |
| Marine Mammal Stranding Center | General purpose | $1,000 |
Officers and trustees
- George Bookos
- Edward Price
- John Quinn
Questions people ask
Does Foster Karney Trust Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Foster Karney Trust Foundation give?
$241,779 in tax year 2025, across 19 grants, with a typical grant of $14,000.
Who runs Foster Karney Trust Foundation?
Its 2025 filing lists George Bookos (Secretary), Edward Price (Chairman) and John Quinn (Treasurer).
What does Foster Karney Trust Foundation fund?
Based on its grants, mainly veterans and health.