Fortune Education Foundation Inc | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Fortune Education Foundation Inc. Data shown is extracted from Form 990-PF filings.
EIN: 26-1564290
Foundation Overview
Based in Rahway, NJ, Fortune Education Foundation Inc has awarded 117 grants totaling $918,725 to organizations in New Jersey, Illinois and 6 other states across the US. Individual grants range from $2,000 to $20,000, with a median award of $6,000.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
3 of 10 recipients (30%) were new grantees. Foundation strongly favors organizations with proven track records. New partnerships develop slowly over time.
Geographic Focus
49% of grants are awarded in New Jersey, with additional funding distributed across 7 other locations. The foundation balances regional focus with broader geographic diversity. Within New Jersey, funding concentrates in Parsippany (25%), Green Bbook (12%), Englewood (11%).
Funding Trajectory
Declining funding trend with 43% decrease over 8 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.
Program Areas
Highly focused on education with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Fortune Education Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Eason Dai | $5,000 | Elmhurst, NJ, US | College Education | 2024 |
| Klaudia Garlak | $10,000 | Parlin, NJ, US | College Education | 2024 |
| David Landa | $4,200 | Bakersfield, CA, US | College Education | 2024 |
| Elman Yip | $5,000 | Demarest, NJ, US | College Education | 2024 |
| Jackie Wu | $5,000 | Los Angeles, CA, US | College Education | 2024 |
| Gavin Cheng | $5,000 | Parsippany, NJ, US | College Education | 2024 |
| Itzel Merino | $5,000 | Brooklyn, NY, US | College Education | 2024 |
| Justin Wan | $5,000 | Parsippany, NJ, US | College Education | 2024 |
| Min Kha | $10,000 | Montgomery, IL, US | College Education | 2024 |
| Kenneth Kuang | $10,000 | Hacienda Height, CA, US | College Education | 2024 |
| Alicia Baez | $10,000 | Englewood, NJ, US | College Education | 2023 |
| Cheyenne Banister | $5,000 | Serena, IL, US | College Education | 2023 |
| David Kwiatkowski | $5,000 | Linden, NJ, US | College Education | 2023 |
| Eric Chan | $5,000 | Green Bbook, NJ, US | College Education | 2023 |
| Gavin Cheng | $5,000 | Parsippany, NJ, US | College Education | 2023 |
| Kenneth Kuang | $10,000 | Hacienda Height, CA, US | College Education | 2023 |
| Kelvin Zheng | $10,000 | East Brunswick, NJ, US | College Education | 2023 |
| Min Kha | $10,000 | Montgomery, IL, US | College Education | 2023 |
| Kelly Luu | $5,000 | Brooklyn, NY, US | College Education | 2023 |
| Itzel Merino | $4,200 | Brooklyn, NY, US | College Education | 2023 |
| Elman Yip | $5,000 | Demarest, NJ, US | College Education | 2023 |
| Alicia Baez | $10,000 | Englewood, NJ, US | College Education | 2023 |
| Cheyenne Banister | $5,000 | Serena, IL, US | College Education | 2023 |
| David Kwiatkowski | $5,000 | Linden, NJ, US | College Education | 2023 |
| Eric Chan | $5,000 | Green Bbook, NJ, US | College Education | 2023 |
| Gavin Cheng | $5,000 | Parsippany, NJ, US | College Education | 2023 |
| Kenneth Kuang | $10,000 | Hacienda Height, CA, US | College Education | 2023 |
| Kelvin Zheng | $10,000 | East Brunswick, NJ, US | College Education | 2023 |
| Min Kha | $10,000 | Montgomery, IL, US | College Education | 2023 |
| Kelly Luu | $5,000 | Brooklyn, NY, US | College Education | 2023 |
| Itzel Merino | $4,200 | Brooklyn, NY, US | College Education | 2023 |
| Elman Yip | $5,000 | Demarest, NJ, US | College Education | 2023 |
| Alicia Baez | $10,000 | Englewood, NJ, US | College Education | 2022 |
| Cheyenne Banister | $5,000 | Serena, IL, US | College Education | 2022 |
| Eric Chan | $5,000 | Green Bbook, NJ, US | College Education | 2022 |
| Gavin Chang | $5,000 | Parsippany, NJ, US | College Education | 2022 |
| Eason Dai | $5,000 | Elmhurst, NY, US | College Education | 2022 |
| Min Kha | $10,000 | Montgomery, IL, US | College Education | 2022 |
| Susan Wojcik | $5,000 | Avenel, NJ, US | College Education | 2022 |
| Johnny Zheng | $5,000 | Flushing, NY, US | College Education | 2022 |
| Kelvin Zheng | $10,000 | East Brunswick, NJ, US | College Education | 2022 |
| Alicia Baez | $10,000 | Englewood, NJ, US | College Education | 2022 |
| Cheyenne Banister | $5,000 | Serena, IL, US | College Education | 2022 |
| Eric Chan | $5,000 | Green Bbook, NJ, US | College Education | 2022 |
| Gavin Chang | $5,000 | Parsippany, NJ, US | College Education | 2022 |
| Eason Dai | $5,000 | Elmhurst, NY, US | College Education | 2022 |
| Min Kha | $10,000 | Montgomery, IL, US | College Education | 2022 |
| Susan Wojcik | $5,000 | Avenel, NJ, US | College Education | 2022 |
| Johnny Zheng | $5,000 | Flushing, NY, US | College Education | 2022 |
| Kelvin Zheng | $10,000 | East Brunswick, NJ, US | College Education | 2022 |
| Alicia Baez | $10,000 | Englewood, NJ, US | College Education | 2022 |
| Cheyenne Banister | $5,000 | Serena, IL, US | College Education | 2022 |
| Eric Chan | $5,000 | Green Bbook, NJ, US | College Education | 2022 |
| Gavin Chang | $5,000 | Parsippany, NJ, US | College Education | 2022 |
| Eason Dai | $5,000 | Elmhurst, NY, US | College Education | 2022 |
| Min Kha | $10,000 | Montgomery, IL, US | College Education | 2022 |
| Susan Wojcik | $5,000 | Avenel, NJ, US | College Education | 2022 |
| Johnny Zheng | $5,000 | Flushing, NY, US | College Education | 2022 |
| Kelvin Zheng | $10,000 | East Brunswick, NJ, US | College Education | 2022 |
| Alicia Baez | $10,000 | Englewood, NJ, US | College Education | 2021 |
| Cheyenne Banister | $5,000 | Serena, IL, US | College Education | 2021 |
| Gavin Cheng | $5,000 | Parsippany, NJ, US | College Education | 2021 |
| Eric Chan | $5,000 | Green Bbook, NJ, US | College Education | 2021 |
| Kelvin Zheng | $10,000 | East Brunswick, NJ, US | College Education | 2021 |
| Johnny Zheng | $5,000 | Flushing, NY, US | College Education | 2021 |
| Justin Wan | $5,000 | Parsippany, NJ, US | College Education | 2021 |
| Luz Sanchez-salas | $8,000 | Flemington, NY, US | College Education | 2021 |
| Kelly Luu | $5,000 | Brooklyn, NY, US | College Education | 2021 |
| Susan Wojcik | $5,000 | Avenel, NJ, US | College Education | 2021 |
| Victoria Kuang | $10,000 | Hacienda Heights, CA, US | College Education | 2021 |
| Luz Sanchez-salas | $8,000 | Brooklyn, NY, US | College Education | 2020 |
| Eric Chan | $5,000 | Green Bbook, NJ, US | College Education | 2020 |
| Ivan Galindo | $10,000 | El Paso, TX, US | College Education | 2020 |
| Edson Wong | $10,000 | Green Brook, NJ, US | College Education | 2020 |
| Kelly Luu | $2,000 | Brooklyn, NY, US | College Education | 2020 |
| Victoria Kuang | $10,000 | Hacienda Heights, CA, US | College Education | 2020 |
| Johnny Zheng | $5,000 | Elmhurst, NY, US | College Education | 2020 |
| Justin Wan | $5,000 | Parsippany, NJ, US | College Education | 2020 |
| Raquel Martins | $8,000 | East Providence, RI, US | College Education | 2020 |
| Susan Wojcik | $5,000 | Avenel, NJ, US | College Education | 2020 |
| Alicia Baez | $10,000 | North Bergen, NJ, US | College Education | 2018 |
| Anne Cheng | $20,000 | Parsippany, NJ, US | College Education | 2018 |
| Ashley Seay | $8,000 | Lynwood, IL, US | College Education | 2018 |
| Brian Hunter | $10,000 | Tempe, AZ, US | College Education | 2018 |
| Deanna Morreale | $10,000 | Freehold, NJ, US | College Education | 2018 |
| Ivan Galindo | $9,000 | El Paso, TX, US | College Education | 2018 |
| Javier Salas | $10,957 | El Paso, TX, US | College Education | 2018 |
| Jessica Alb | $10,000 | Stafford, VA, US | College Education | 2018 |
| Raquel Martins | $8,000 | East Providence, RI, US | College Education | 2018 |
| Yucong Chi | $20,000 | Plainsboro, NJ, US | College Education | 2018 |
| Alvaro Hemandez | $5,000 | El Paso, TX, US | College Education | 2018 |
| Victoria Kuang | $10,000 | Hacienda Heights, CA, US | College Education | 2018 |
| Stephanie Martines | $5,000 | East Providence, RI, US | College Education | 2018 |
| Justin Wan | $5,000 | Parsippany, NJ, US | College Education | 2018 |
| Susan Wojcik | $5,000 | Avenel, NJ, US | College Education | 2018 |
| Edson Wong | $10,000 | Green Brook, NJ, US | College Education | 2018 |
| Johnny Zheng | $5,000 | Elmhurst, NY, US | College Education | 2018 |
| Raquel Martins | $8,000 | East Providence, RI, US | College Education | 2017 |
| Alicia Baez | $10,000 | North Bergen, NJ, US | College Education | 2017 |
| Ivan Galindo | $9,000 | El Paso, TX, US | College Education | 2017 |
| Anne Cheng | $20,000 | Parsippany, NJ, US | College Education | 2017 |
| Brian Hunter | $10,000 | El Paso, TX, US | College Education | 2017 |
| Yucong Chi | $20,000 | Plainsboro, NJ, US | College Education | 2017 |
| Deanna Morreale | $10,000 | Freehold, NJ, US | College Education | 2017 |
| Jessica Alb | $10,000 | Stafford, VA, US | College Education | 2017 |
| Ashley Seay | $10,000 | Lynwood, IL, US | College Education | 2017 |
| Javier Salas | $4,668 | El Paso, TX, US | College Education | 2017 |
| Jessica Alb | $10,000 | Stafford, VA, US | College Education | 2016 |
| Andrea Galindo | $3,500 | El Paso, TX, US | College Education | 2016 |
| Alicia Baez | $10,000 | North Bergen, NJ, US | College Education | 2016 |
| Brian L Hunter | $10,000 | El Paso, TX, US | College Education | 2016 |
| Danielle Pacheco | $13,000 | East Providence, RI, US | College Education | 2016 |
| Edson Wong | $10,000 | Green Brook, NJ, US | College Education | 2016 |
| Juan Sebastian Alb | $6,000 | Stafford, VA, US | College Education | 2016 |
| Anne Cheng | $20,000 | Parsippany, NJ, US | College Education | 2016 |
| Stephanie Martins | $10,000 | East Providence, RI, US | College Education | 2016 |
| Yucong Chi | $20,000 | Plainsboro, NJ, US | College Education | 2016 |
Foundations Similar to Fortune Education Foundation Inc
Discover 5 foundations with comparable assets ($1,579,818-$1,609,561), similar grant patterns, and geographic focus in NJ that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Vonage Foundation Corporation
EIN: 46-1343291 | 75 grants awarded |
$1,601,317
(≈ Similar) |
$5,000
median grant |
Holmdel, NJ
Same state |
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C Edward Enroth & Helen Enroth
EIN: 20-7090802 | 195 grants awarded |
$1,583,732
(≈ Similar) |
$3,000
median grant |
Wall, NJ
Same state |
|
|
The Mary Higgins Clark Foundation
EIN: 13-7158498 | 138 grants awarded |
$1,579,818
(≈ Similar) |
$3,000
median grant |
Hillsdale, NJ
Same state |
|
|
The Neis Family Foundation
EIN: 16-1711912 | 40 grants awarded |
$1,609,454
(≈ Similar) |
$10,000
median grant |
Pennington, NJ
Same state |
|
|
Whitney Charitable Foundation
EIN: 38-6865774 | 176 grants awarded |
$1,609,561
(≈ Similar) |
$4,000
median grant |
Hamilton, NJ
Same state |
|
Related Foundation Resources in NJ:
Contact Information
Official contact details for Fortune Education Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 26-1564290 |
| Website | http://www.fortuneeducation.org/ |
| Address | 900 LEESVILLE AVE Rahway, NJ 07065-4828 |
Key People (4)
Board members, trustees, and key staff who oversee Fortune Education Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| Director | Norman Ng |
|---|---|
| Director | John Ng |
| Director | Chuck Man Ng |
| Director | Frances Wong |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Fortune Education Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
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