Private Foundation

MUSTANG FOUNDATION INC

MUSTANG FOUNDATION INC, of OCEANPORT, NJ, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $2.0M in revenue, $6.2M in expenses, $26.4M in total assets. IRS filings disclose 113 grants awarded by this foundation, totaling roughly $11.7M.

EIN: 823625985 OCEANPORT, NJ Private Grantmaking Foundations NTEE: T20 Latest filing: 2025

Total Revenue$2.0M

Total Expenses$6.2M

Total Assets$26.4M

Grants Given113

Grant Total$11.7M

Filing Years2021–2025

Sample Grants Given

ROUNDABOUT THEATER COMPANY

NEW YORK, NY · 2025

GENERAL SUPPORT

$1,300,000

YMCA OF GREATER MONMOUTH COUNTY

SHREWSBURY, NJ · 2025

GENERAL SUPPORT

$1,000,000

MONMOUTH COUNTY SPCA

EATONTOWN, NJ · 2025

GENERAL SUPPORT

$625,000

GENTLE GIANTS DRAFT HORSE RESCUE

MT AIRY, MD · 2025

GENERAL SUPPORT

$450,000

FIND YOUR LIGHT FOUNDATION

LOS ANGELES, CA · 2025

GENERAL SUPPORT

$350,000

Showing up to 5 of 113 total records — full history available with membership.

Officers & Directors

TRUSTEE AND SECRETARY Andrea R Arria-Devoe

TRUSTEE AND PRESIDENT Frances Turner

TRUSTEE AND TREASURER Karla L Arria-Devoe

TRUSTEE AND VICE-PRESIDENT Paul Turner

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT

$11,686,500 113 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$2.0M	$6.2M	$26.4M
2024	$19.1M	$4.3M	$30.4M
2023	$728K	$1.7M	$19.0M
2022	$19.9M	$1K	$19.9M
2021	—	—	—

Between 2022 and 2025, reported annual revenue declined from $19.9M to $2.0M (-90%), with total assets most recently reported at $26.4M.

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

Grant Geography

Grants from this foundation were reported to recipients in CA, DC, MA, MD, NJ, NY, and 4 other states.

CADCMAMDNJNYORPAVTWA

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

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Complete financials, all 113 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports

Sample Grants Given

Officers & Directors

Top Grant Purposes

Financial Trends

Grant Geography

Similar Organizations in NJ

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