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Kearnybank Foundation Inc. is a private corporation based in FAIRFIELD, NJ. The foundation received its IRS ruling in 2016. The principal officer is Craig L Montanaro. It holds total assets of $9.5M. Annual income is reported at $3M. Total assets have grown from N/A in 2014 to $9.5M in 2024. The foundation is governed by 8 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2024. Grantmaking is concentrated in New Jersey. According to available records, Kearnybank Foundation Inc. has made 384 grants totaling $2.9M, with a median grant of $5K. The foundation has distributed between $668K and $1.5M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $1.5M distributed across 188 grants. Individual grants have ranged from $1K to $140K, with an average award of $8K. The foundation has supported 172 unique organizations. Grants have been distributed to organizations in New Jersey and New York and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$8K
Largest Grant
$65K
Based on 102 grants from the most recent 990-PF filing.
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.
Kearnybank Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 384 grants. Its grantmaking reaches organizations primarily in NJ, NY, FL.
Kearnybank Foundation Inc. has distributed a total of $2.9M across 384 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $1K to $140K.
The organization applying must be a public charity as defined under the internal revenue code and meet application regulations. The organization must be located in bergen, essex, hudson, middlesex, morris, monmouth, ocean, passaic or union counties in new jersey or kings or richmond counties in new york.
Kearnybank Foundation Inc. is headquartered in FAIRFIELD, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Mazur | DIRECTOR | $0 | $0 | N/A |
| Leo Montanaro | DIRECTOR | $0 | $0 | N/A |
| Keith Suchodolski | DIRECTOR | $0 | $0 | N/A |
| Dr Joseph Mazza | DIRECTOR | $0 | $0 | N/A |
| Gail Corrigan | DIRECTOR | $0 | $0 | N/A |
| John Hopkins | DIRECTOR | $0 | $0 | N/A |
| Craig L Montanaro | DIRECTOR, PRESIDENT, SECRETARY | $0 | $0 | N/A |
| Catherine Milone | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$9.5M
Fair Market Value
N/A
Net Worth
$9.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
384
Total Giving
$2.9M
Average Grant
$8K
Median Grant
$5K
Unique Recipients
172
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Junior Achievement Of New JerseyEDUCATION | Edison, NJ | $140K | 2023 |
| Meadowlands Area YmcaCOMMUNITY | East Rutherford, NJ | $30K | 2023 |
| Habitat For Humanity Of Morris CountyHOUSING | Randolph, NJ | $25K | 2023 |
| Fairleigh Dickinson UniversityEDUCATION | Teaneck, NJ | $25K | 2023 |
| Historical Society Of Ocean GroveCOMMUNITY | Ocean Grove, NJ | $20K | 2023 |
| National Council Of Jewish Women Essex CountyCOMMUNITY | Livingston, NJ | $18K | 2023 |
| Youth Consultation ServiceQUALITY OF LIFE | Hackensack, NJ | $16K | 2023 |
| Habcore IncHOUSING | Red Bank, NJ | $15K | 2023 |
| Habitat For Humanity Of Northern OceanHOUSING | Paterson, NJ | $15K | 2023 |
| Studentpartner AllianceEDUCATION | Summit, NJ | $12K | 2023 |
| Habitat For Humanity Of Bergen CountyHOUSING | Westwood, NJ | $10K | 2023 |
| Bayshore Medical Center FoundationQUALITY OF LIFE | Edison, NJ | $10K | 2023 |
| Habitat For Humanity Of PatersonHOUSING | Paterson, NJ | $10K | 2023 |
| Associated Humane SocietiesQUALITY OF LIFE | Newark, NJ | $10K | 2023 |
| Toms River Police DepartmentCOMMUNITY | Toms River, NJ | $10K | 2023 |
| The Valerie FundQUALITY OF LIFE | Maplewood, NJ | $10K | 2023 |
| Robeson Classic High School Football All-Stars GameCOMMUNITY | Roseland, NJ | $10K | 2023 |
| Eversight New Jersey IncQUALITY OF LIFE | Clark, NJ | $10K | 2023 |
| Community Hope IncHOUSING | Parsippany, NJ | $10K | 2023 |
| Main Street Counseling ServiceQUALITY OF LIFE | West Orange, NJ | $10K | 2023 |
| Center For Hope And SafetyHOUSING | Rochelle Park, NJ | $10K | 2023 |
| Axelrod Performing Arts CenterCOMMUNITY | Deal Park, NJ | $10K | 2023 |
| Lupus Foundation Of AmericaQUALITY OF LIFE | New York, NY | $10K | 2023 |
| Girl Scouts Of Northern New JerseyCOMMUNITY | Riverdale, NJ | $10K | 2023 |
| Chilton Medical Center FoundationCOMMUNITY | Pompton Plains, NJ | $8K | 2023 |
| Crohn'S & Colitis Foundation IncQUALITY OF LIFE | Eatontown, NJ | $8K | 2023 |
| Table To Table IncCOMMUNITY | Saddle Brook, NJ | $8K | 2023 |
| World Organization For Positive ActionCOMMUNITY | Pompton Lakes, NJ | $8K | 2023 |
| Homesharing IncHOUSING | Parsippany, NJ | $8K | 2023 |
| The Scholarship Fund For Inner-City ChildrenEDUCATION | Newark, NJ | $6K | 2023 |
| Israel Sports ExchangeCOMMUNITY | Parsippany, NJ | $6K | 2023 |
| Preschool Advantage IncQUALITY OF LIFE | Morristown, NJ | $6K | 2023 |
| New City KidsCOMMUNITY | Paterson, NJ | $6K | 2023 |
| Spring Lake Toys Foundation IncQUALITY OF LIFE | Franklin Lakes, NJ | $5K | 2023 |
| 180 Turning Lives AroundHOUSING | Hazlet, NJ | $5K | 2023 |
| Boys & Girls Club Of CliftonCOMMUNITY | Clifton, NJ | $5K | 2023 |
| Big Brothers Big Sisters Of Coastal & Northern NjCOMMUNITY | Asbury Park, NJ | $5K | 2023 |
| Community Medical Center FoundationCOMMUNITY | Toms River, NJ | $5K | 2023 |
| Community Services Inc Of Ocean CountyCOMMUNITY | Manahawkin, NJ | $5K | 2023 |
| Clean Ocean ActionCOMMUNITY | Long Branch, NJ | $5K | 2023 |
| Boys & Girls Club Of Lower Bergen CountyCOMMUNITY | Lodi, NJ | $5K | 2023 |
| Project Literacy Of Greater Bergen CountyEDUCATION | Hackensack, NJ | $5K | 2023 |
| Servant'S Heart IncEDUCATION | Paterson, NJ | $5K | 2023 |
| The Boys & Girls Club Of CliftonCOMMUNITY | Clifton, NJ | $5K | 2023 |
| Town Clock Community Development Corporation IncQUALITY OF LIFE | New Brunswick, NJ | $5K | 2023 |
| Win Food PantryCOMMUNITY | Wayne, NJ | $5K | 2023 |
| Summit Speech SchoolQUALITY OF LIFE | New Providence, NJ | $5K | 2023 |
| Wood-Ridge Memorial FoundationCOMMUNITY | Woodridge, NJ | $4K | 2023 |
| The Raptor TrustCOMMUNITY | Millington, NJ | $4K | 2023 |
| Children'S Aid & Family ServicesCOMMUNITY | Paramus, NJ | $4K | 2023 |