· Private foundation
Gladys M Thomas Testamentary Trust Peter D Kearns Trustee
Its FY2024 filing reports that it accepted unsolicited grant applications.
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Where the money goes
Grants by size, and the largest recipients.
| Recipient | Amount |
|---|---|
| SRSA Children's Trout Tournament | $5,000 |
| Ocean Fire Company #1 | $5,000 |
| Community Fdn of the Florida Keys | $5,000 |
| Point Pleasant First Aid | $5,000 |
| Marine Mammal Stranding Center | $2,000 |
| Jersey Shore Rescue Mission | $2,000 |
| Ocean Housing Alliance | $2,000 |
| Point Pleasant Library | $2,000 |
| St Gregory's Pantry | $2,000 |
| Save Barnegat Bay | $2,000 |
Does the money reach high-need areas?
Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.
Dollar for dollar, its grants (FY17–24) land where the poverty rate runs at 11%, against an area that typically sits at 6%. 100% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.
How this is measured
How this is measured
Who it funds again
Organizations funded in more than one year, against those funded once.
9 repeat relationships: 7 still active in FY2024, 2 since wound down; 2 grantees were first funded in FY2024 (too recent to call).
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2024, 85% of grant dollars renewed an existing relationship; $4k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
Backed again, and grew
- GOGUILD OF OCEAN MEDICAL CENTER INC2× · 2017–2019 · $30k · revenue -99%
- SCSRSA Children's Trout Tournament6× · 2017–2024 · $20k
- PPPoint Pleasant First Aid4× · 2021–2024 · $16k
Funded once
- PPPoint Pleasant EMS & Dive Teamone grant, 2017 · $20k
- OCORTHODOX CHRISTIAN CHURCH OF THE ANNUNCIATIONone grant, 2021 · $5k
- IGIndividual grant recipientone grant, 2021 · $5k
How this is measured
Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.
7 grantees tracked through their own filings, 2017–2025.
Each grant beside the grantee’s revenue from every source, year by year.
How this is measured
Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 7 of the 19 grantees resolved in that span have returns of their own we could reconcile.
Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.
Where the money sits, by cause and then by grantee
Each grantee by its size and the funder’s share of it; top left is load-bearing
Grantee by grantee: a decade per organization, before and after funding
A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: The Pfizer Foundation Inc · The Bank of America Charitable Foundation Inc · Fidelity Investments Charitable Gift Fund · Donor Advised Charitable Giving Inc · Amazonsmile Foundation
How this is measured
How much its grantees rely on government
Each dot is one organization Gladys M Thomas Testamentary Trust Peter D Kearns Trustee funds: left to right is the share of its income from government, bottom to top the share from Gladys M Thomas Testamentary Trust Peter D Kearns Trustee. Bigger dots raise more.
- Marine Mammal Stranding Center: 10% of income from government
How this is measured
Play a game based on Gladys M Thomas Testamentary Trust Peter D Kearns Trustee’s filings →