346 Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like 346 Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 87-3077923
Foundation Overview
Based in Wilmington, DE, 346 Foundation has awarded 12 grants totaling $305,000 to organizations in California and New Jersey. Individual grants range from $5,000 to $50,000, with a median award of $25,000.
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
4 of 6 recipients (67%) were new grantees. Recent establishment means most partnerships are naturally new. Pattern may not reflect long-term preferences.
Geographic Focus
58% of grants are awarded in New Jersey, with additional funding distributed across 1 other locations. The foundation balances regional focus with broader geographic diversity. Within New Jersey, funding concentrates in Fair Lawn (71%), Saddle Brook (29%).
Funding Trajectory
Declining funding trend with 47% decrease over 1 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.
Program Areas
Highly focused on general purposes 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 346 Foundation'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 |
|---|---|---|---|---|
| America Wheat Mission Inc | $10,000 | Saddle Brook, NJ, US | General & Unrestricted | 2023 |
| Grace River Korean United Methodist Church | $5,000 | Fullerton, CA, US | General & Unrestricted | 2023 |
| Peace Korean Reformed Church | $25,000 | Fair Lawn, NJ, US | General & Unrestricted | 2023 |
| America Wheat Mission Inc | $10,000 | Saddle Brook, NJ, US | General & Unrestricted | 2023 |
| Grace River Korean United Methodist Church | $5,000 | Fullerton, CA, US | General & Unrestricted | 2023 |
| Peace Korean Reformed Church | $25,000 | Fair Lawn, NJ, US | General & Unrestricted | 2023 |
| Lighthouse Bible Church Of Orange County | $25,000 | Orange, CA, US | General & Unrestricted | 2022 |
| Peace Korean Reformed Church | $50,000 | Fair Lawn, NJ, US | General & Unrestricted | 2022 |
| Lighthouse Bible Church Of Orange County | $25,000 | Orange, CA, US | General & Unrestricted | 2022 |
| Peace Korean Reformed Church | $50,000 | Fair Lawn, NJ, US | General & Unrestricted | 2022 |
| Lighthouse Bible Church Of Orange County | $25,000 | Orange, CA, US | General & Unrestricted | 2022 |
| Peace Korean Reformed Church | $50,000 | Fair Lawn, NJ, US | General & Unrestricted | 2022 |
Foundations Similar to 346 Foundation
Discover 5 foundations with comparable assets ($867,521-$888,392), similar grant patterns, and geographic focus in DE 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 |
|---|---|---|---|---|
|
Invisible Impact Foundation
EIN: 87-2889981 | 4 grants awarded |
$872,219
(≈ Similar) |
$22,000
median grant |
Wilmington, DE
Same state |
|
|
Rubens Family Foundation
EIN: 45-3824338 | 33 grants awarded |
$871,864
(≈ Similar) |
$25,000
median grant |
Wilmington, DE
Same state |
|
|
Sorensen Family Foundation
EIN: 83-1379795 | 27 grants awarded |
$876,155
(≈ Similar) |
$20,000
median grant |
Wilmington, DE
Same state |
|
|
The Way Charitable Foundation
EIN: 27-1961526 | 18 grants awarded |
$867,521
(≈ Similar) |
$20,000
median grant |
Wilmington, DE
Same state |
|
|
Ttee Mary Shipp Ua 2-6-30
EIN: 13-6052973 | 18 grants awarded |
$888,392
(≈ Similar) |
$13,990
median grant |
Wilmington, DE
Same state |
|
Related Foundation Resources in DE:
Contact Information
Official contact details for 346 Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 87-3077923 |
| Website | N/A |
| Address | FOUNDATION SOURCE 501 SILVERSIDE RD Wilmington, DE 19809-0000 |
Key People (1)
Board members, trustees, and key staff who oversee 346 Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| Dir, Pres, Sec, Treas | Derek B Kim |
|---|
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 346 Foundation 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
Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.