The New Jersey State Capitol

Form 990-PFTax year 2025EIN 22-6441627

Foster Karney Trust Foundation

A private foundation in Ocean City, NJ. Its return for tax year 2025 lists 19 grants and $241,779 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $241,779

    Grants listed
    19
    Assets, end of year
    $3,294,402
  • Tax year 2024

    $206,362

    Grants listed
    22
    Assets, end of year
    $3,496,511
  • Tax year 2023

    $211,808

    Grants listed
    23
    Assets, end of year
    $3,469,891
  • Tax year 2022

    $181,093

    Grants listed
    21
    Assets, end of year
    $3,504,821
  • Tax year 2021

    $184,526

    Grants listed
    26
    Assets, end of year
    $3,293,234
  • Tax year 2020

    $185,658

    Grants listed
    26
    Assets, end of year
    $3,064,711
  • Tax year 2019

    $177,445

    Grants listed
    35
    Assets, end of year
    $2,767,575
  • Tax year 2018

    $175,193

    Grants listed
    33
    Assets, end of year
    $2,601,729

Grants paid in 2025

19 grants, largest first

As listed on the return.

  1. Foundation of Substainable Vets HouWestfield, NJ

    General purpose

    $27,000
  2. Ranch HopeAlloway, NJ

    General purpose

    $27,000
  3. John R Elliott Hero CampaignSomers Point, NJ

    General purpose

    $24,000
  4. Sunshine FoundationSouthampton, PA

    General purpose

    $22,000
  5. Shore Memorial CenterSomers Point, NJ

    General purpose

    $20,000
  6. Hope Music FestivalSomers Point, NJ

    General purpose

    $18,000
  7. Volunteers in MedicineCape May Court House, NJ

    General purpose

    $18,000
  8. Oc High School ScholarshipsOcean City, NJ

    General purpose

    $15,000
  9. American Legion Auxiliary Post 524Ocean City, NJ

    General purpose

    $14,279
  10. American Legion Post 524Ocean City, NJ

    General purpose

    $14,000
  11. NJ Run for the FallenOcean City, NJ

    General purpose

    $10,000
  12. St Peters United Methodist ChurchOcean City, NJ

    General purpose

    $9,000
  13. Shriners Hospital for ChildrenPhiladelphia, PA

    General purpose

    $6,000
  14. Cape Atlantic Citizens Alterating SOcean City, NJ

    General purpose

    $5,000
  15. Sones of American Legion Squad 524Ocean City, NJ

    General purpose

    $4,000
  16. Tara's Happy BoxesSomers Point, NJ

    General purpose

    $3,000
  17. Angelic Heath FoundationWest Atlantic City, NJ

    General purpose

    $2,500
  18. Mudgirls StudiosAtlantic City, NJ

    General purpose

    $2,000
  19. Marine Mammal Stranding CenterBrigantine, NJ

    General purpose

    $1,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Mental health1 grant $27,00051% of the total
  2. Philanthropy and grantmaking1 grant $22,00042% of the total
  3. Human services1 grant $3,0006% of the total
  4. Animals1 grant $1,0002% of the total

By State

Grants to organizations with a US address, latest year.

  1. New Jersey17 grants $213,779
  2. Pennsylvania2 grants $28,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • George BookosSECRETARY Hours 1Pay $0
  • Edward PriceCHAIRMAN Hours 1Pay $0
  • John QuinnTREASURER Hours 1Pay $0

The return

More foundations

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Same main cause (mental health), giving between a quarter and four times this foundation’s where possible, nearby first.

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