Mustang Foundation
At a glance
This funder does not accept unsolicited applications. The foundation chooses the organisations it funds itself.
Key takeaways
- Mustang Foundation makes grants only to organisations it has preselected and does not accept unsolicited requests, so a charity that has not been invited should not send it a cold application.
- Where a relationship already exists, the typical grant band is $5,000 to $200,000, and about 8 in 10 grants fall in it, with the median at $25,000 and half of its 69 grants at $25,000 or less, so a modest request near that level fits its usual pattern; the largest grant was about $1,250,000, so the band is not a ceiling.
- Its giving has risen from $0 to $1,597,000 to $4,148,500 across the filing years, and 80% of its grant dollars in the latest filing went to organisations it had also funded in the earlier filing, so existing relationships carry real weight.
- No geographic focus is stated in the filing, and while grants have mainly gone to New Jersey, New York, California and District of Columbia, that is a pattern and not a rule about who may apply.
Overview
Mustang Foundation is a US private foundation based in Oceanport, NJ.
What they fund
Profile based on the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) only: no website or other web source for the foundation was found. Every statement is checked against the filings. Sources read on 7 October 2026.
Priority Areas
Across the filings, the foundation’s grants provided general support to a varied group of charitable organisations. The recipients included animal welfare and rescue organisations, arts and performing-arts organisations, climate and environmental groups, community farms, food services and organisations addressing homelessness and other social needs. Its grants went to public charities in several states, with the largest shares of recorded grant dollars going to New Jersey and New York. The filings identify the grants as general support and show a broad recipient mix; they do not state a specific funding field, eligibility criteria or a wider grantmaking strategy.
Geographic Focus
No geographic focus is stated; the filings show grants mainly in New Jersey, New York, California and District of Columbia.
How to apply
The foundation makes contributions only to preselected charitable organisations and does not accept unsolicited requests.
Application success factors
- Repeat giving: In its TY2024 filing, 80% of its grant dollars to organisations went to organisations it had also funded in its TY2023 filing.
- Grant size: Across its TY2023 and TY2024 filings, half of its 69 grants to organisations were $25,000 or less.
Where grants go
From grants to organisations in the foundation’s filings for tax years 2022–2024.
Grant dollars by state
4 other states: <1%
- The largest single recipient received 31% of grant dollars to organisations.
- In tax year 2024, 80% of grant dollars went to organisations Mustang Foundation had funded in earlier filings.
- No grants were paid directly to organisations outside the US.
- <1% of grant dollars went to intermediaries that regrant to other organisations.
Grants
How much do they typically give?
Share of 32 grants in tax year 2024 by size
Median $27,500 (tax year 2024)
The largest grants to organisations in the foundation’s latest filing:
- Monmouth County Spca · General support$1,257,5002024 tax year
- Roundabout Theater Company · General support$1,000,0002024 tax year
- Find Your Light Foundation · General support$350,0002024 tax year
- Climate Museum · General support$200,0002024 tax year
- Humane Society of the United States · General support$200,0002024 tax year
- Wharton Institute for the Performing Arts · General support$200,0002024 tax year
- Gentle Giants Draft Horse Rescue · General support$200,0002024 tax year
- Lunch Break · General support$100,0002024 tax year
Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.
Officers and directors
- Andrea R Arria-Devoe — Trustee And Secretary
- Karla L Arria-Devoe — Trustee And Treasurer
- Paul Turner — Trustee And Vice-President
- Frances Turner — Trustee And President
From the latest Form 990-PF filing
3 years of tax filings
| Year | Total expenses | Grants paid | Assets | Filing document |
|---|---|---|---|---|
| 2022 tax year | $1,150 | $0 | $19,842,518 | Filing for 2022 tax year |
| 2023 tax year | $1,662,728 | $1,597,000 | $20,928,467 | Filing for 2023 tax year |
| 2024 tax year | $4,257,565 | $4,148,500 | $34,647,390 | Filing for 2024 tax year |
Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.
Sources
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At a glance
Applying to Mustang Foundation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- Oceanport, NJ
Applying to Mustang Foundation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- Oceanport, NJ