Well Told Grants

Foundations / New Jersey

Prosource Foundation Inc

Preselected recipients only Manasquan, New Jersey · EIN 223842879

Prosource Foundation Inc is a private foundation in Manasquan, New Jersey. In tax year 2025 it gave $33,000 in 5 grants; the typical grant was $5,000 and the largest $10,000. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2025.

Giving in 2025 was up from $31,500 the year before.

0% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$49,0007$688,888
2024$31,5005$725,573
2025$33,0005$758,062

How to apply

Prosource Foundation Inc 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.

IRS filings on ProPublica

What Prosource Foundation Inc funds

Where it gives

Its grants went to recipients in 2 states, the most to Arizona.

StateGrantsAmount
Arizona2$20,000
New Jersey3$13,000

Grants paid in 2025

All 5 grants
RecipientPurposeAmount
First Things First - Tax Id #43-1921463
Phoenix, AZ
Unrestricted for organization general purpose$10,000
Treasure House
Glendale, AZ
Unrestricted for organization general purpose$10,000
Monmouth University - Tax Id #21-0634584
West Long Branch, NJ
Unrestricted for organization general purpose$5,000
St Rose High School - Tax Id# 22-3320474
Belmar, NJ
Unrestricted for organization general purpose$5,000
Ocean of Love
Toms River, NJ
Unrestricted for organization general purpose$3,000

Officers and trustees

As listed in Part VIII of the 2025 filing.

Questions people ask

Does Prosource Foundation Inc accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does Prosource Foundation Inc give?

$33,000 in tax year 2025, across 5 grants, with a typical grant of $5,000.

Who runs Prosource Foundation Inc?

Its 2025 filing lists Robert Chinery Jr (Trustee), Tracy Chinery (Trustee) and William R Hagaman Jr (Trustee).

What does Prosource Foundation Inc fund?

Based on its grants, mainly education.

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