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Irving Montak Foundation Inc. is a private corporation based in TEANECK, NJ. The foundation received its IRS ruling in 2018. It holds total assets of $2M. Annual income is reported at $359K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Irving Montak Foundation Inc. has made 8 grants totaling $763K, with a median grant of $70K. The foundation has distributed between $360K and $403K annually from 2022 to 2023. Individual grants have ranged from $4K to $216K, with an average award of $95K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in New York and New Jersey. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Irving Montak Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NY, NJ.
Irving Montak Foundation Inc. has distributed a total of $763K across 8 grants. The median grant size is $70K, with an average of $95K. Individual grants have ranged from $4K to $216K.
Irving Montak Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Irving Montak Foundation Inc. is headquartered in TEANECK, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nathan J Lindenbaum | VICE PRESIDENT/TREASURER | $0 | $0 | N/A |
| Joseph Appleman | PRESIDENT | $0 | $0 | N/A |
| David J Katz | SECRETARY | $0 | $0 | N/A |
Total Giving
$407K
Total Assets
$2.1M
Fair Market Value
$1.9M
Net Worth
$2.1M
Grants Paid
$403K
Contributions
N/A
Net Investment Income
$78K
Distribution Amount
$106K
Total: N/A
Total Grants
8
Total Giving
$763K
Average Grant
$95K
Median Grant
$70K
Unique Recipients
7
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Friends Of United HatzalahCHARITABLE ENDEAVORS | Ny, NY | $216K | 2023 |
| American Friends Of Magen David AdomCHARITABLE ENDEAVORS | Ny, NY | $115K | 2023 |
| American Friends Of Peace Of MindCHARITABLE ENDEAVORS | Edison, NJ | $25K | 2023 |
| American Gives IncCHARITABLE ENDEAVORS | Ny, NY | $25K | 2023 |
| The Good People Fund IncCHARITABLE ENDEAVORS | Millburn, NJ | $18K | 2023 |
| Jewish Communal FundCHARITABLE ENDEAVORS | Ny, NY | $4K | 2023 |
| SefariaDONATION | Ny, NY | $180K | 2022 |