Private foundation · EIN 82-3625985 · Oceanport, New Jersey · Philanthropy & grantmaking

Mustang Foundation Inc

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2025 Form 990-PF: 44 grants paid, $5.9M total, median $50K. 18% of grants stayed in New Jersey.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2025
44
$5.9M
Median grant
$50K
Stays in NJ
18%
of grants
Deadline
—
Assets
$26M

Grants paid in 2025

44 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Roundabout Theater CompanyNew York, NYGeneral support$1.3M
YMCA of Greater Monmouth CountyShrewsbury, NJGeneral support$1.0M
Monmouth County SPCAEatontown, NJGeneral support$625K
Gentle Giants Draft Horse RescueMount Airy, MDGeneral support$450K
Find Your Light FoundationLos Angeles, CAGeneral support$350K
Omega Institute for Holistic StudiesRhinebeck, NYGeneral support$300K
Wharton Institute for the Performing ArtsBerkeley Heights, NJGeneral support$250K
The Climate MuseumNew York, NYGeneral support$200K
Global Health Corps IncNew York, NYGeneral support$150K
Path HomePortland, ORGeneral support$140K
Lunch BreakRed Bank, NJGeneral support$100K
Brick City Kitties RescueNewark, NJGeneral support$80K
Count Basie TheatreRed Bank, NJGeneral support$75K
Edward Charles FoundationBeverly Hills, CAGeneral support$50K
The Metropolitan OperaNew York, NYGeneral support$50K
Council on the Environment IncNew York, NYGeneral support$50K
Allaire Community FarmWall Township, NJGeneral support$50K
Earth Island InstituteWall Township, NJGeneral support$50K
Boomer Esiason FoundationGarden City Park, NYGeneral support$50K
Humane World for Animals IncWashington, DCGeneral support$50K
Coalition for the HomelessNew York, NYGeneral support$50K
Every Woman TreatySeattle, WAGeneral support$50K
The Brigid AllianceNew York, NYGeneral support$50K
The Alliance for Climate ProtectionWashington, DCGeneral support$35K
Center for Disaster PhilanthropyWashington, DCGeneral support$25K
Chess in the SchoolsNew York, NYGeneral support$25K
Williams Be Yourself ChallengeCarlisle, MAGeneral support$25K
World Trade Center Performing Arts Center IncNew York, NYGeneral support$25K
Klemo FoundationEncinitas, CAGeneral support$25K
Women FIRST Transition and Referral CenterPortland, ORGeneral support$25K
Adelante MujerresForest Grove, ORGeneral support$25K
Luv MichaelManhasset, NYGeneral support$25K
The Bridge ProjectNew York, NYGeneral support$25K
Women Moving Millions IncNew York, NYGeneral support$25K
National Dance InstituteNew York, NYGeneral support$20K
Bloom Where PlantedPasadena, CAGeneral support$20K
CittaNew York, NYGeneral support$20K
Soup Kitchen 411Bethlehem, PAGeneral support$15K
Creative GrowthOakland, CAGeneral support$11K
Multiplier-The All We Can Save ProjectSan Francisco, CAGeneral support$10K
Eli Wall Osteosarcoma Fund-Mib AgentsBarnard, VTGeneral support$10K
Dove Lewis Emergency HospitalPortland, ORGeneral support$10K
State Democracy ProjectBrooklyn, NYGeneral support$10K
Her VillageincNew York, NYGeneral support$10K

By state: New York 18 · New Jersey 8 · California 6 · Maryland 1 · Oregon 4 · District of Columbia 3

About this foundation

Mustang Foundation Inc is a private grantmaking foundation in Oceanport, New Jersey, administered in care of Frances Turner, tax-exempt since 2018. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Mustang Foundation Inc accept grant applications?

No. On its 2025 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 Mustang Foundation Inc give each year?

In tax year 2025 it paid $5.9M across 44 grants, a median of $50K.

Where does Mustang Foundation Inc give?

New York (18 grants), New Jersey (8 grants), California (6 grants) and elsewhere, per its latest filing.

More foundations near Oceanport that accept applications

All in New Jersey
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Robert Wood Johnson Foundationsince 1949 Princeton, NJ $623M3,093 grants · 2024 $40KYes $14B
Merck Company Foundationsince 1959 Rahway, NJ $29M74 grants · 2025 $149KYes $316M
Geraldine R Dodge Foundation Incorporatedsince 1975 Newark, NJ $11M193 grants · 2024 $25KYes $327M
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