Typical grant size
$6K – $7K – $15K
25th · median · 75th percentile
Unique recipients
3
Repeat grantees
3
funded 2+ years
Application procedures · from 2024 990-PF
Leadership · from 2024 990-PF
Garden State Trust Company
TRUSTEE
$8K
J Leonard Bailey
CO-TRUSTEE
Bridget K Bailey
CO-TRUSTEE
Nicole L Bailey
BOARD MEMBER
Thomas E Day
BOARD MEMBER
Peapack Gladstone Bank
Trustee
$13K
Source: IRS Form 990-PF, Part VII. Officers, directors, and trustees as reported by the foundation.
Payout rate · TY 2024
5.9%
grants paid ÷ assets · ~5% IRS minimum
'18
'19
'20
'21
'22
'23
'24
41
Total grants awarded
$378K
Total amount
$9K
Average grant
$16K
Largest grant
Giving by year
Top recipients
Recipient names are as reported on the 990-PF. ✓ Exact match = EIN matched to IRS records by exact name + state; ≈ likely match = EIN inferred from a closely similar name. The recipient EIN is never stated on the form — it is DoubleNine’s match.
Recent grants · most recent filings first
Source: IRS Form 990-PF, Part XV. Up to 50 most recent grants shown.