About this foundation
Margate Terrace Corporation is a private grantmaking foundation in Margate, New Jersey, administered in care of Senior Citizens Apts, tax-exempt since 1987. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.
Does Margate Terrace Corporation accept grant applications?
No. On its 2024 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.
How much does Margate Terrace Corporation give each year?
Margate Terrace Corporation reports about $5.2M in assets. Its 990-PF return shows total grants paid each year.
Where does Margate Terrace Corporation give?
Margate Terrace Corporation is based in Margate, NJ. Most private foundations give mainly in their home region.
More foundations near Margate that accept applications
All in New Jersey| Foundation | Based in | Grants paid | Median grant | Accepts applications | Assets |
|---|---|---|---|---|---|
| David and Mary Krassenstein Foundationsince 2003 | Margate, NJ | $75K6 grants · 2025 | $11K | Preselected only | $1.4M |
| Robert Wood Johnson Foundationsince 1949 | Princeton, NJ | $623M3,093 grants · 2024 | $40K | Yes | $14B |
| Nsn Foundation Incsince 2001 | Roseland, NJ | $279M3 grants · 2023 | $100M | Preselected only | $81M |
| Johnson & Johnson Foundation United States Incsince 1955 | New Brunswick, NJ | $58M2 grants · 2024 | $29M | Preselected only | $168M |
| Hess Foundation Incsince 1957 | Parsippany, NJ | $63M141 grants · 2023 | $50K | Preselected only | $1.1B |
| Merck Company Foundationsince 1959 | Rahway, NJ | $29M74 grants · 2025 | $149K | Yes | $316M |
| F M Kirby Foundation Incsince 1932 | Morristown, NJ | $17M264 grants · 2024 | $45K | Preselected only | $354M |
| Poses Family Foundationsince 2005 | Florham Park, NJ | $19M66 grants · 2024 | $25K | Preselected only | $663M |