Blue Foundry Charitable Foundation Inc. is a private corporation based in RUTHERFORD, NJ. The foundation received its IRS ruling in 2022. It holds total assets of $7.3M. Annual income is reported at $150K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Blue Foundry Charitable Foundation Inc. has made 328 grants totaling $1.6M, with a median grant of $3K. Annual giving has decreased from $1.2M in 2022 to $417K in 2023. Individual grants have ranged from $100 to $100K, with an average award of $5K. The foundation has supported 183 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
Blue Foundry Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 328 grants. Its grantmaking reaches organizations primarily in NJ.
Blue Foundry Charitable Foundation Inc. has distributed a total of $1.6M across 328 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $100 to $100K.
The application deadline is GENERALLY NOVEMBER 15TH, REFER TO WEBSITE FOR FURTHER DETAILS.. GRANTS ARE TO GIVEN TO 501 C 3 PUBLIC CHARITIES THAT MEET ONE OF THE FOUR PILLARS SUPPORTED BY BFCF AND THAT OPERATE OR COVER THE COMMUNITIES SERVED BY BLUE FOUNDRY BANK. THE FOUR PILLARS ARE: EDUCATION; HEALTH AND HUMAN SERVICES; YOUTH PROGRAMS; OR AFFORDABLE HOUSING.
Blue Foundry Charitable Foundation Inc. is headquartered in RUTHERFORD, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Patrice Picard | PRESIDENT | $0 | $0 | $0 |
| James Nesci | VICE PRESIDENT | $0 | $0 | $0 |
| Kenneth Grimbilas | VICE PRESIDENT AND TREASURER | $0 | $0 | $0 |
| J Christopher Ely | SECRETARY | $0 | $0 | $0 |
Total Giving
$501K
Total Assets
$7.5M
Fair Market Value
$7.5M
Net Worth
$7.5M
Grants Paid
$417K
Contributions
$0
Net Investment Income
$13K
Distribution Amount
$388K
Total: $7.3M
Total Grants
328
Total Giving
$1.6M
Average Grant
$5K
Median Grant
$3K
Unique Recipients
183
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| LeadYOUTH PROGRAMS | Allentown, NJ | $3K | 2023 |
| Women'S Rights Information CenterHEALTH AND HUMAN SERVICES | Englewood, NJ | $50K | 2023 |
| Felician UniversityEDUCATION | Lodi, NJ | $25K | 2023 |
| The Summit Medical Group Foundation IncHEALTH AND HUMAN SERVICES | New Providence, NJ | $20K | 2023 |
| Newbridge Services IncHEALTH AND HUMAN SERVICES | Pompton Plains, NJ | $15K |
| 2023 |
| Bergen Volunteer Medical Initiative IncHEALTH AND HUMAN SERVICES | Hackensack, NJ | $15K | 2023 |
| Habitat For Humanity International IncAFFORDABLE HOUSING | Newark, NJ | $15K | 2023 |
| Rebuilding Together North Jersey IncAFFORDABLE HOUSING | Oakland, NJ | $15K | 2023 |
| Family Promise Of Morris County IncAFFORDABLE HOUSING | Morristown, NJ | $13K | 2023 |
| Geriatric Services IncHEALTH AND HUMAN SERVICES | Teaneck, NJ | $10K | 2023 |
| Nj Leep IncEDUCATION | Newark, NJ | $10K | 2023 |
| Great Swamp Watershed AssociationEDUCATION | New Vernon, NJ | $10K | 2023 |
| New Jersey Seeds IncEDUCATION | Newark, NJ | $10K | 2023 |
| Ywca Northern New JerseyYOUTH PROGRAMS | Hackensack, NJ | $8K | 2023 |
| Preschool Advantage IncEDUCATION | Morristown, NJ | $8K | 2023 |
| Police Activity League Of Jersey City IncYOUTH PROGRAMS | Jersey City, NJ | $8K | 2023 |
| Paterson Habitat For Humanity IncAFFORDABLE HOUSING | Paterson, NJ | $8K | 2023 |
| Connie Dwyer Breast Cancer FoundationHEALTH AND HUMAN SERVICES | Short Hills, NJ | $8K | 2023 |
| Center For Hope And Safety IncHEALTH AND HUMAN SERVICES | Rochelle Park, NJ | $8K | 2023 |
| New Concepts For Living IncHEALTH AND HUMAN SERVICES | Rochelle Park, NJ | $8K | 2023 |
| Adler Aphasia CenterHEALTH AND HUMAN SERVICES | Maywood, NJ | $7K | 2023 |
| Homes For Veterans A Nj Non Profit CorporationHEALTH AND HUMAN SERVICES | Harrington Park, NJ | $5K | 2023 |
| Friends Of The Dunellen Public Library FoundationEDUCATION | Dunellen, NJ | $5K | 2023 |
| Dunellen Rescue Squad IncHEALTH AND HUMAN SERVICES | Dunellen, NJ | $5K | 2023 |
| Court Appointed Special Advocates Of Middlesex County IncHEALTH AND HUMAN SERVICES | New Brunswick, NJ | $5K | 2023 |
| Alzheimers New Jersey IncHEALTH AND HUMAN SERVICES | Roseland, NJ | $5K | 2023 |
| Arawakan IncYOUTH PROGRAMS | Maywood, NJ | $5K | 2023 |
| Black Inventors Hall Of FameYOUTH PROGRAMS | Wharton, NJ | $5K | 2023 |
| Boys And Girls Club Of Union IncYOUTH PROGRAMS | Union, NJ | $5K | 2023 |
| Boys And Girls Clubs Of Northwest New Jersey IncYOUTH PROGRAMS | Wayne, NJ | $5K | 2023 |
| Communities Of Faith For Housing IncHEALTH AND HUMAN SERVICES | Hoboken, NJ | $5K | 2023 |
| Youth Foundation Of Jersey City IncYOUTH PROGRAMS | Jersey City, NJ | $5K | 2023 |
| Young Mens Christian Association Of Eastern Union CountyHEALTH AND HUMAN SERVICES | Elizabeth, NJ | $5K | 2023 |
| Union City Music Project IncEDUCATION | Weehawken, NJ | $5K | 2023 |
| Tomorrows Childrens Fund IncHEALTH AND HUMAN SERVICES | Hackensack, NJ | $5K | 2023 |
| St Pauls Community Development CorporationHEALTH AND HUMAN SERVICES | Paterson, NJ | $5K | 2023 |
| Police Athletic League Of Lincoln Park IncYOUTH PROGRAMS | Lincoln Park, NJ | $5K | 2023 |
| North Jersey Friendship House IncHEALTH AND HUMAN SERVICES | Hackensack, NJ | $5K | 2023 |
| Morris Habitat For HumanityAFFORDABLE HOUSING | Randolph, NJ | $5K | 2023 |
| Mile Square TheatreYOUTH PROGRAMS | Hoboken, NJ | $5K | 2023 |
| Lincoln Park First Aid Squad IncHEALTH AND HUMAN SERVICES | Lincoln Park, NJ | $5K | 2023 |
| Lakeland Hills YmcaYOUTH PROGRAMS | Mountain Lakes, NJ | $5K | 2023 |
| Kean University Foundation IncEDUCATION | Union, NJ | $5K | 2023 |
| P G Chambers School IncEDUCATION | Cedar Knolls, NJ | $4K | 2023 |
| Haven Adolescent Respite CenterYOUTH PROGRAMS | Jersey City, NJ | $4K | 2023 |
| Jersey City Fire FoundationHEALTH AND HUMAN SERVICES | Jersey City, NJ | $2K | 2023 |
| Community Meals IncHEALTH AND HUMAN SERVICES | Glen Rock, NJ | $2K | 2023 |
| Court Appointed Special Advocates Of Morris And Sussex Counties IncHEALTH AND HUMAN SERVICES | Cedar Knolls, NJ | $2K | 2023 |
| Senior Services Center Of The Chathams IncHEALTH AND HUMAN SERVICES | Chatham, NJ | $2K | 2023 |
| Project Literacy Of Greater Bergen County IncEDUCATION | Hackensack, NJ | $2K | 2023 |
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