Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE JAY AND LINDA GRUNIN FOUNDATION
D/B/A GRUNIN FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)432 LAKEHURST ROAD SUITE 1
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TOMS RIVER, NJ08755
A Employer identification number

45-3988913
B Telephone number (see instructions)

(732) 244-4010
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$488,456J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 5,693,844
2 Check right arrow.............
3 Interest on savings and temporary cash investments 1,750 1,750  
4 Dividends and interest from securities... 32,439 32,439  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,075,244
b Gross sales price for all assets on line 6a 2,904,738
7 Capital gain net income (from Part IV, line 2)... 2,075,244
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 7,803,277 2,109,433  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 449,258      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 55,429      
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
12,000 120    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
51,826      
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
15,155    
20 Occupancy.............. 33,000 330    
21 Travel, conferences, and meetings....... 19,973 200    
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
476,918 4,776    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,113,559 5,426   0
25 Contributions, gifts, grants paid....... 8,130,161 6,230,161
26 Total expenses and disbursements. Add lines 24 and 25 9,243,720 5,426   6,230,161
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,440,443
b Net investment income (if negative, enter -0-) 2,104,007
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 23,899 488,456 488,456
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow   5,000    
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow233,898
Less: accumulated depreciation (attach schedule) right arrow233,898      
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 28,899 488,456 488,456
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................   1,900,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22).........   1,900,000
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 28,899 -1,411,544
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 28,899 -1,411,544
30 Total liabilities and net assets/fund balances (see instructions). 28,899 488,456
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
28,899
2
Enter amount from Part I, line 27a .....................
2
-1,440,443
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
-1,411,544
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
-1,411,544
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a 32,850SH WALT DISNEY CO D 1999-07-09 2023-06-21
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,904,738   829,494 2,075,244
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2,075,244
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,075,244
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 29,246
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 29,246
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 29,246
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 25,400
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 25,400
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 184
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 4,030
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNJ
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowGRUNINFOUNDATION.ORG
14
The books are in care ofright arrowJEREMY GRUNIN Telephone no.right arrow (732) 244-4010

Located atright arrowC/O GRUNIN FD 432 LAKEHURST STE 1432 LAKEHURST ROAD SUITE 1TOMS RIVERNJ ZIP+4right arrow08755
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
 
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JAY GRUNIN CHAIRMAN
12.00 		0 0 0
C/O GRUNIN FOUNDATION
432 LAKEHURST ROAD SUITE 1
TOMS RIVER,NJ08755
JEREMY GRUNIN PRESIDENT
36.00 		0 0 0
C/O GRUNIN FD 432 LAKEHURST STE 1
432 LAKEHURST ROAD SUITE 1
TOMS RIVER,NJ08755
HEATHER BARBERI EXEC DIRECTO
40.00 		205,931 0 0
C/O GRUNIN FOUNDATION
432 LAKEHURST ROAD SUITE 1
TOMS RIVER,NJ08755
KELLY FLILLER DIR COMMUNIC
40.00 		105,606 0 0
C/O GRUNIN FOUNDATION
432 LAKEHURST ROAD SUITE 1
TOMS RIVER,NJ08755
JOSHUA GRUNIN BOARD MEMBER
5.00 		0 0 0
C/O GRUNIN FOUNDATION
432 LAKEHURST ROAD SUITE 1
TOMS RIVER,NJ08755
VICTORIA MARIE FERNANDEZ DIR COMMUNIT
40.00 		137,721 0 0
C/O GRUNIN FOUNDATION
432 LAKEHURST ROAD SUITE 1
TOMS RIVER,NJ08755
REBECCA GRUNIN BOARD MEMBER
5.00 		0 0 0
C/O GRUNIN FOUNDATION
432 LAKEHURST ROAD SUITE 1
TOMS RIVER,NJ08755
TOMAS ALVAREZ BOARD MEMBER
5.00 		0 0 0
C/O GRUNIN FOUNDATION
432 LAKEHURST ROAD SUITE 1
TOMS RIVER,NJ08755
LAURIE GOGANZER BOARD MEMBER
5.00 		0 0 0
C/O GRUNIN FOUNDATION
432 LAKEHURST ROAD SUITE 1
TOMS RIVER,NJ08755
NICOLE PULLIAM BOARD MEMBER
5.00 		0 0 0
C/O GRUNIN FOUNDATION
432 LAKEHURST ROAD SUITE 1
TOMS RIVER,NJ08755
EDWARD JOHNSON BOARD MEMBER
5.00 		0 0 0
C/O GRUNIN FOUNDATION
432 LAKEHURST ROAD SUITE 1
TOMS RIVER,NJ08755
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NOVALIA COLLECTIVE STRATEGIC PLAN 90,073
30042 MISSION BLVD
HAYARD,CA94544
MORALES & ASSOCIATES LLC GRUNIN CAPACITY 71,000
7 COTTAGE PLACE 2ND FLOOR
GARFIELD,NJ07026
ROBERT OTT LANDSCAPING MONUMENT MAINT. 50,166
1605 BASS POINT RD
MANASQUAN,NJ08736
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 GRUNIN CAPACITY PROGRAMMING: SUPPORT FOR CAPACITY BUILDING/TECHNICAL ASSISTANCE WORKSHOPS (IN PERSON & VIRTUAL), PROGRAMMING, CUSTOMIZED TRAININGS, AND 1:1 COACHING FOR THE ADVANCEMENT OF THE NONPROFIT SECTOR. THIS WORK IS CARRIED OUT BY FOUNDATION STAFF, AS WELL AS EXTERNAL CONSULTANTS. 222,941
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
1,146,512
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,146,512
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
1,146,512
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
17,198
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,129,314
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
56,466
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
56,466
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
29,246
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
29,246
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
27,220
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
27,220
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
27,220
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
6,230,161
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
6,230,161
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 27,220
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 4,480,104
b From 2019...... 3,662,487
c From 2020...... 5,240,285
d From 2021...... 5,977,927
e From 2022...... 6,040,431
f Total of lines 3a through e ........ 25,401,234
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 6,230,161
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 27,220
e Remaining amount distributed out of corpus 6,202,941
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 31,604,175
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		4,480,104
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		27,124,071
10 Analysis of line 9:
a Excess from 2019.... 3,662,487
b Excess from 2020.... 5,240,285
c Excess from 2021.... 5,977,927
d Excess from 2022.... 6,040,431
e Excess from 2023.... 6,202,941
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
JAY GRUNIN
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

180 TURNING LIVES AROUND INC

1 BETHANY ROAD
BUILDING 3 STE 42
HAZLET,NJ07730 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 1,500

ART PRIDE NJ FOUNDATION INC

432 HIGH STREET
FIRST FLOOR
BURLINGTON,NJ08016 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 90,000

ARTS ED NJ INC

432 HIGH STREET
BURLINGTON,NJ08016 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 45,000

ASSOC OF SMALL FDEXP PHILANTHROPY

1720 N STREET NW
WASHINGTON,DC20036 		PUBLIC CHARITY OPERATING ANNUAL MEMBERSHIP - GRANT PORTION 170

BIG BROTHERS BIG SISTERS OF NJ

305 BOND STREET
2ND FL
ASBURY PARK,NJ07712 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 61,000

BOCA RATON REGIONAL HOSPITAL FND

800 MEADOWS ROAD
BOCA RATON,FL33486 		PUBLIC CHARITY OPERATING CAPITAL SUPPORT 500,000

BOYS&GIRLS CLUB OF MONMOUTH COUNTY

1201 MONROE AVE
ASBURY PARK,NJ07712 		PUBLIC CHARITY OPERATING PROJECT L.E.A.D./GEN OP SUPPORT 152,500

BRICK CHILDRENS COMMUNITY THEATRE

270 CHAMBERS BRIDGE ROAD
BRICK,NJ08723 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 1,000

BRIDGE OF BOOKS FOUNDATION

PO BOX 39
RUMSON,NJ07760 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 500

CAREGIVER VOLUNTEERS OF CENTRAL NJ

201 HOOPER AVENUE
SUITE 1
TOMS RIVER,NJ08753 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 2,500

CENTER FOR NON-PROFIT CORPORATIONS

3635 QUAKERBRIDGE ROAD
STE 35
MERCERVILLE,NJ08619 		PUBLIC CHARITY OPERATING GENERAL OP & PROGRAM SUPPORT 41,000

CFC LOUD N CLEAR FOUNDATION

260 CASINO DRIVE
FARMINGDALE,NJ07727 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 5,000

CHILDREN'S SPECIALIZED HOSPITAL

150 NEW PROVIDENCE ROAD
MOUNTAINSIDE,NJ07092 		PUBLIC CHARITY OPERATING CAPITAL SUPPORT 200,000

COMMUNITY MEDICAL CENTER FOUNDATION

99 HIGHWAY 37 WEST
TOMS RIVER,NJ08755 		PUBLIC CHARITY OPERATING CAPITAL & GENERAL OP SUPPORT 415,000

COUNCIL OF NJ GRANTMAKERS INC

1977 NORTH OLDEN AVENUE
STE 238
EWING,NJ08618 		PUBLIC CHARITY OPERATING PROGRAM & GEN OP SUPPORT 6,900

COUNT BASIE THEATRE INC

99 MONMOUTH STREET
RED BANK,NJ07748 		PUBLIC CHARITY OPERATING CAPITAL/CAPACITY/GEN OPP SUPPORT 299,666

COUNT BASIE THEATRE INC

99 MONMOUTH STREET
RED BANK,NJ07701 		PUBLIC CHARITY OPERATING 10 YR ENDOWMENT CAMPAIGN PMT 1 OF10 200,000

EAST BAY SOCIETY FOR THE PREVENTION

8323 BALDWIN STREET
OAKLAND,CA94621 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 250

EXIT 82A TOMS RIVERTHEATRE COMPANY

34 MAIN STREET STE C
TOMS RIVER,NJ08753 		PUBLIC CHARITY OPERATING CAPACITY & GENERAL OPERATING SUPPORT 22,500

FAMILY PROMISE SOUTHERN OCEAN CTY

PO BOX 83
WEST CREEK,NJ08092 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 1,000

FOODBANK OF MONMOUTH DBAFULFILL

3300 NJ RTE 66
NEPTUNE CITY,NJ07753 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 25,000

FOWA RESCUE

PO BOX 3701
WAYNE,NJ07470 		PUBLIC CHARITY OPERATING GENERAL DONATION 500

GARDEN STATE SCHOLASTIC ESPORTS

1417 BIRMINGHAM AVE
TOMS RIVER,NJ08757 		PUBLIC CHARITY OPERATING PROG SUP CTE&COLLEGE PATHWAYS ESPORT 65,000

GIRL SCOUTS OF JERSEY SHORE

242 ADELPHIA ROAD
FARMINGDALE,NJ07727 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 10,000

HABCORE INC

PO BOX 2361
RED BANK,NJ07701 		PUBLIC CHARITY OPERATING GENERAL OPERATING & PROGRAM SUPPORT 28,000

HACKENSACK MERIDIAN HEALTH INC

1945 HWY 33
NEPTUNE,NJ07753 		PUBLIC CHARITY OPERATING PROGRAM SUPPORT (PCT PROGRAM) 500,000

HOLIDAY EXPRESS INC

151 INDUSTRIAL WAY EAST
STE A4
EATONTOWN,NJ07724 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 7,500

HOPE SHEDS LIGHT INC

253 CHESTNUT STREET
TOMS RIVER,NJ08753 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 5,000

INSPIRE LIFE

PO BOX 2025
NEPTUNE CITY,NJ07754 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 5,000

INSTITUTE OF MUSIC FOR CHILDREN

780 SALEM AVE
ELIZABETH,NJ07208 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 4,000

INTERFAITH NEIGHBORS INC

810 4TH AVENUE
ASBURY PARK,NJ07712 		PUBLIC CHARITY OPERATING CAPITAL & GENERAL OPERATING SUPPORT 201,000

JAZZ ARTS PROJECT INC

77 PINCKNEY ROAD
RED BANK,NJ07701 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 500

LIGHTHOUSE INTERNATIONAL FILM FEST

104 FAIRVIEW AVENUE
BEACH HAVEN,NJ08008 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 1,000

LITERACY NEW JERSEY INC

213 BROADWAY
ROOM 105
LONG BRANCH,NJ07740 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 500

LUNCH BREAK

121 DRS JAMES PARKER BLVD
RED BANK,NJ07701 		PUBLIC CHARITY OPERATING CAPITAL & GENERAL OPERATING SUPPORT 125,000

MARSOC FOUNDATION

PO BOX 977
FISHERS,IN46038 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 2,000

MILITARY SUPPORT ALLIANCE OF NJ INC

PO BOX 5421
TOMS RIVER,NJ08754 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 5,000

MONMOUTH COUNTY ARTS COUNCIL INC

130 MAPLE AVENUE
STE 7B
RED BANK,NJ07701 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 3,500

MONMOUTH COUNTY HISTORICAL ASSC

70 COURT STREET
FREEHOLD,NJ07728 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 500

MONMOUTH MEDICAL CENTER FOUNDATION

300 SECOND AVENUE
LONG BRANCH,NJ07740 		PUBLIC CHARITY OPERATING CAP SUPPORT(SIM LAB)/GEN OPP SUPPORT 607,500

MONMOUTH MUSEUM

765 NEWMAN SPRINGS ROAD
LINCROFT,NJ07738 		PUBLIC CHARITY OPERATING CAPACITY SUPPORT 5,500

MONMOUTH PARK CHARITY FUND

175 OCEANPORT AVENUE
OCEANPORT,NJ07757 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 7,500

MONMOUTH UNIVERSITY

400 CEDAR AVE
WEST LONG BRANCH,NJ07764 		PUBLIC CHARITY SCHOOL GEN OP&PROG SUPP SOCIAL JUSTICE ACAD 515,000

NEW JERSEY THEATRE ALLIANCE

432 LAKEHURST ROAD
SUITE 1
TOMS RIVER,NJ08755 		PUBLIC CHARITY OPERATING PROGRAM SUPPORT (CREATING CHANGE) 40,000

NEW YORK UNIVERSITY SCHOOL OF LAW

25 WEST 4TH ST 4TH FL
NEW YORK,NY10012 		PUBLIC CHARITY OPERATING GRUNIN PRIZE PLAQUES 4,425

NONPROFIT DEVCENTER OF SOUTHERN NJ

230 KINGS HIGHWAY EAST
STE 120
HADDONFIELD,NJ08033 		PUBLIC CHARITY OPERATING PROGRAM SUPPORT (OCEAN CNTY SUMMIT) 2,500

OCEAN CARES FOUNDATION

160 ATLANTIC CITY BLVD
BAYVILLE,NJ08721 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 1,000

OCEAN COUNTY COLLEGE FOUNDATION

PO BOX 2001 1 COLLEGE DR
TOMS RIVER,NJ08754 		PUBLIC CHARITY SCHOOL CAPITAL & GENERAL OPERATING SUPPORT 662,000

OCEAN COUNTY FOUNDATION FOR VOCATIO

137 BEY LEA ROAD
TOMS RIVER,NJ08724 		PUBLIC CHARITY OPERATING GENERAL OPERTING SUPPORT 1,000

OCEANS HARBOR HOUSE INC

808 CONIFER STREET
TOMS RIVER,NJ08753 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 2,500

OCEAN COUNTY YMCA

1088 WEST WHITTY RD
TOMS RIVER,NJ08755 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 7,500

OCEAN COMMUNITY ECON ACTION NOW INC

40 WASHINGTON STREET
TOMS RIVER,NJ08754 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 5,000

OPERATION WARM INC

PO BOX 822431
PHILADELPHIA,PA19182 		PUBLIC CHARITY OPERATING PROGRAM SUPPORT OCEAN CTY COAT DRIVE 12,500

OREGON FOOD BANK INC

7900 NE 33RD DR
PORTLAND,OR97211 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 4,000

PARKER FAMILY HEALTH CENTER INC

211 SHREWSBURY AVE
RED BANK,NJ07701 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 2,500

PRINCETON AREA COMMUNITY FOUNDATION

212 CARNEGIE CENTER
SUITE 201
PRINCETON,NJ08540 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT - NJACRF 470,000

RED BANK LIBRARY FOUNDATION

84 W FRONT ST
RED BANK,NJ07701 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 500

RETIRED SENIOR VOLUNTEER PROG OF OC

1027 HOOPER AVE
PO BOX 0547
TOMS RIVER,NJ08754 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 3,000

RUTGERS UNIVERSITY FOUNDATION

335 GEORGE STREET
NEW BRUNSWICK,NJ08901 		PUBLIC CHARITY OPERATING PROG SUP SCARLET SERVICE INITIATIVE 200,000

SENIOR CITIZENS ACTIVITIES NETWORK

MONMOUTH MALL 180 NJ-35
EATONTOWN,NJ07724 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 3,000

SOCIETY FOR PREV OF TEEN SUICIDE

110 WEST MAIN STREET
FREEHOLD,NJ07728 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 2,500

SO NJ REGIONAL COMMUNITY FOUNDATION

PO BOX 446
HADDONFIELD,NJ08033 		PUBLIC CHARITY OPERATING NPPOCC GENERAL OP SUPPORT PMT 1 OF 3 50,000

SPRINGPOINT FOUNDATION INC

4814 OUTLOOK DRIVE 201
WALL TWP,NJ07753 		PUBLIC CHARITY OPERATING PROGRAM SUPPORT (CNA CAREER PATH) 35,000

ST JOSEPHS PROVINCE

4 E RIVER ROAD
RUMSON,NJ07760 		PUBLIC CHARITY OPERATING WATERSPIRIT GENERAL OPERATING 500

SUPPORT CENTER FOR NONPROFIT MGT

32 OLD SLIP
24TH FLOOR
NEW YORK,NY10005 		PUBLIC CHARITY OPERATING CAPACITY(CUSTOMTRAINING/OFFICE HRS) 50,000

T THOMAS FORTUNE FOUNDATION

PO BOX 2248
WESTSIDE STATION
RED BANK,NJ07701 		PUBLIC CHARITY   GENERAL OPERATING SUPPORT 10,000

THE SALVATION ARMY

1738 RT 37E
TOMS RIVER,NJ08753 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 2,500

THIRD SECTOR NEW ENGLAND INC

89 SOUTH STREET
STE 700
BOSTON,MA02111 		PUBLIC CHARITY OPERATING GEN OP (BUILDING MOVEMENT PROJECT) 19,000

TOMS RIVER ARTIST COMMUNITY

40 MAIN STREET
TOMS RIVER,NJ08753 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 1,750

TOMS RIVER FIELD OF DREAMS

1505 N BAY AVE
TOMS RIVER,NJ08753 		PUBLIC CHARITY OPERATING CAPITAL SUPPORT 5,000

TOMS RIVER PBA LOCAL 137 CIVIC ASSO

PO BOX 5011
TOMS RIVER,NJ08754 		PUBLIC CHARITY OPERATING PROGRAM SUPPORT (VEST-A-COP) 10,000

TRENTON CIVIL CIRCUS PROJECT INC

675 SOUTH CLINTON AVE
TRENTON,NJ08611 		PUBLIC CHARITY OPERATING OP/PRO ASBURY PARK SUMMER INITIATIVE 30,000

UNITED WAY OF MONMOUTH&OCEAN COUNTY

4814 OUTLOOK DRIVE STE107
WALL TOWNSHIP,NJ07753 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 3,000

UNITED WAY OF NORTHERN NJ INC

PO BOX 6835
BRIDGEWATER,NJ08807 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 4,000

YOUNG AUDIENCES OF NJ

200 FORRESTAL ROAD
PO BOX 3175
PRINCETON,NJ08540 		PUBLIC CHARITY OPERATING GEN OP & PROG SUP (APL & ARTS LAB) 95,000

YMCA OF GREATER MONMOUTH COUNTY

170 PATTERSON AVE
SHREWSBURY,NJ07702 		PUBLIC CHARITY OPERATING CAPACITY & GENERAL OPERATING SUPPORT 45,500

ZZAK G APPLAUD OUR KIDS FOUNDATION

PO BOX 994
BARNEGAT,NJ08005 		PUBLIC CHARITY OPERATING GENERAL OPERATING SUPPORT 25,000

VNA HEALTH GROUP OF NJ LLC

23 MAIN STREET STE D1
HOLMDEL,NJ07733 		PUBLIC CHARITY OPERATING PROGRAM SUPPORT (PALLIATIVE CARE) 250,000
Total .................................right arrow 3a 6,230,161
bApproved for future payment

COUNT BASIE THEATRE INC
99 MONMOUTH STREET
RED BANK,NJ07701 		PUBLIC CHARITY OPERATING 10 YEAR ENDOWNMENT CAMP 2,000,000

SO NJ REGIONAL COMMUNITY FOUNDATION
PO BOX 446
HADDONFIELD,NJ08033 		PUBLIC CHARITY OPERATING NPPOCC GENERAL SUPPORT FOR 3 YEARS 150,000
Total ................................. right arrow 3b 2,150,000
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 1,750  
4 Dividends and interest from securities ....     14 32,439  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    35 2,075,244  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   2,109,433  
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,109,433
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THE JAY AND LINDA GRUNIN FOUNDATION
D/B/A GRUNIN FOUNDATION
Employer identification number

45-3988913
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THE JAY AND LINDA GRUNIN FOUNDATION
D/B/A GRUNIN FOUNDATION 		Employer identification number
45-3988913
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
JAY GRUNIN
2199 WEST MAYA PALM DRIVE
 
BOCA RATON, FL33432

$ 5,628,488


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
JEREMY GRUNIN
40 HANCE ROAD
 
LITTLE SILVER, NJ07739

$ 65,356


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THE JAY AND LINDA GRUNIN FOUNDATION
D/B/A GRUNIN FOUNDATION 		Employer identification number

45-3988913
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 32,850 SHARES WALT DISNEY CO $ 2,948,288 2023-06-20
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
THE JAY AND LINDA GRUNIN FOUNDATION
D/B/A GRUNIN FOUNDATION 		Employer identification number

45-3988913
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THE JAY AND LINDA GRUNIN FOUNDATION
 
D/B/A GRUNIN FOUNDATION
EIN:
45-3988913
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 12,000 120    

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
THE JAY AND LINDA GRUNIN FOUNDATION
 
D/B/A GRUNIN FOUNDATION
EIN:
45-3988913
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
COMPUTER SOFTWARE 2019-12-02 15,473 15,473   3.0000        
WEBSITE DEVELOPMENT 2019-07-01 141,000 141,000   3.0000        
COMPUTER EQUIPMENT 2020-07-01 9,806 9,806 200DB 5.0000        
COMPUTER SOFTWARE 2020-07-01 12,944 12,944   3.0000        
WEBSITE DEVELOPMENT 2020-07-01 9,000 9,000   3.0000        
COMPUTER SOFTWARE 2021-08-09 9,600 9,600   3.0000        
COMPUTER SOFTWARE 2021-10-26 6,866 6,866   3.0000        
COMPUTER EQUIPMENT 2021-11-19 3,527 3,527 200DB 5.0000        
COMPUTER EQUIPMENT 2021-06-09 2,524 2,524 200DB 5.0000        
OFFICE FURNITURE 2022-02-09 3,478 3,478 200DB 7.0000        
OFFICE FURNITURE 2022-03-08 4,525 4,525 200DB 7.0000        
COMPUTER SOFTWARE 2023-07-01 7,714     3.0000 7,714      
COMPUTER EQUIPMENT 2023-07-01 7,441   200DB 5.0000 7,441      

TY 2023 LandEtcSchedule2
Name:
THE JAY AND LINDA GRUNIN FOUNDATION
 
D/B/A GRUNIN FOUNDATION
EIN:
45-3988913
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
  233,898 233,898    


TY 2023 OtherExpensesSchedule
Name:
THE JAY AND LINDA GRUNIN FOUNDATION
 
D/B/A GRUNIN FOUNDATION
EIN:
45-3988913
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
BANK CHARGES 220 2    
MEMBERSHIP DUES&SUBSCRIPTIONS 16,785 168    
DIRECT CHARITABLE ACTIVITIES 222,941 2,230    
INSURANCE EXPENSE 3,330 33    
INTERNET & IT-SUPPORT SERVICE 20,603 206    
NJ REGISTRATION FEES 58 6    
OFFICE EXPENSES 5,853 59    
OFFICE SUPPLIES 17,308 173    
PROMOTION - BRAND AWARENESS 5,455 55    
LANDSCAPING&MAINTENANCE-MONUM 55,468 555    
STAFF TRAINING 6,049 60    
CONSULTING 122,848 1,229    


TY 2023 OtherNotesLoansRcvblShortSch2
Name:
THE JAY AND LINDA GRUNIN FOUNDATION
 
D/B/A GRUNIN FOUNDATION
EIN:
45-3988913
Name of 501(c)(3) Organization Balance Due
LOAN RECEIVABLE
  		 


TY 2023 TaxesSchedule
Name:
THE JAY AND LINDA GRUNIN FOUNDATION
 
D/B/A GRUNIN FOUNDATION
EIN:
45-3988913
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL INCOME TAX 51,826