Private Foundation

1772 FOUNDATION INC

1772 FOUNDATION INC, of MORRISTOWN, NJ, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $7.5M in revenue, $6.5M in expenses, $81.1M in total assets. IRS filings disclose 461 grants awarded by this foundation, totaling roughly $19.7M.

EIN: 222578377 MORRISTOWN, NJ Latest filing: 2024
Total Revenue$7.5M
Total Expenses$6.5M
Total Assets$81.1M
Grants Given461
Grant Total$19.7M
Filing Years2019–2024

Sample Grants Given

COASTAL COMMUNITY FOUNDATION OF SOUTH CAROLINA
NORTH CHARLESTON, SC · 2024
PINCKNEY SCHOLARSHIP PROGRAM, PLACE-BASED IMPACT INVESTMENT PROGRAM, CCF OPERATIONS
$500,000
THE TRUST FOR PUBLIC LAND
SAN FRANCISCO, CA · 2024
BLACK HISTORY AND CULTURE PROGRAM
$500,000
PRESERVATION CONNECTICUT
HAMDEN, CT · 2024
HISTORIC PRESERVATION GRANTMAKING IN CT
$125,000
MAINE PRESERVATION
YARMOUTH, ME · 2024
HISTORIC PRESERVATION GRANTMAKING IN ME
$125,000
NEW HAMPSHIRE PRESERVATION ALLIANCE
CONCORD, NH · 2024
HISTORIC PRESERVATION GRANTMAKING IN NH
$125,000

Showing up to 5 of 461 total records — full history available with membership.

Officers & Directors

VP PRESIDENT B Danforth Ely
EXECUTIVE DIRECTOR Ethiel Garlington
PRESIDENT Margaret Waldock
TRUSTEE Reggie Turner
TRUSTEE Richard Youngken
SECRETARY AS OF 1/1/24 Sharnita Johnson

Officer compensation and complete director data available with membership.

Top Grant Purposes

REVOLVING FUND
$4,085,000 64 grants
BLACK HISTORY AND CULTURE PROGRAM
$1,000,000 2 grants
COMMUNITY WORKS CDC, REVEREND PINCKNEY SCHOLARSHIP PROGRAM
$1,000,000 1 grant
TRUSTEE-DIRECTED (DISCRETIONARY) GRANT
$635,000 159 grants
SUPPORT TO PROTECT BROWN'S HARVEST FARM IN WINDSOR, CT
$525,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $7.5M $6.5M $81.1M
2023 $2.7M $4.2M $75.6M
2022 $-2.3M $8.2M $69.1M
2020 $335K $5.2M $89.1M
2019 $3.1M $4.3M $82.9M

Between 2019 and 2024, reported annual revenue grew from $3.1M to $7.5M (+138%), with total assets most recently reported at $81.1M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AL, AR, CA, CO, CT, DC, and 4 other states.

ALARCACOCTDCFLGAHIIL

Full geographic grant map with state-by-state breakdown available with membership.

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