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Also known as: C/O FELIX PARTNERS
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Monteforte Foundation Inc. is a private corporation based in GARWOOD, NJ. The foundation received its IRS ruling in 1993. The principal officer is Judith Ann Corrente. It holds total assets of $6K. Annual income is reported at $313K. Total assets have decreased from $27.3M in 2010 to $8K in 2022. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in New York and New Jersey. According to available records, Monteforte Foundation Inc. has made 14 grants totaling $1.1M, with a median grant of $51K. The foundation has distributed between $533K and $545K annually from 2022 to 2023. Individual grants have ranged from $25K to $250K, with an average award of $77K. 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.
Smallest Grant
$25K
Median Grant
$50K
Average Grant
$78K
Largest Grant
$250K
Based on 7 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.
Monteforte Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in NY, NJ.
Monteforte Foundation Inc. has distributed a total of $1.1M across 14 grants. The median grant size is $51K, with an average of $77K. Individual grants have ranged from $25K to $250K.
Monteforte Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Monteforte Foundation Inc. is headquartered in GARWOOD, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Willem Kooyker | VICE PRESIDENT | $0 | $0 | N/A |
| Noah Schankler | TREASURER & SECRETARY | $0 | $0 | N/A |
| Corrente Schankler | TRUSTEE | $0 | $0 | N/A |
| Terence Kooyker | TRUSTEE | $0 | $0 | N/A |
| Judith-Ann Corrente | PRESIDENT | $0 | $0 | N/A |
Total Giving
$540K
Total Assets
$8K
Fair Market Value
$8K
Net Worth
$8K
Grants Paid
$533K
Contributions
$522K
Net Investment Income
$304
Distribution Amount
$5K
Total Grants
14
Total Giving
$1.1M
Average Grant
$77K
Median Grant
$51K
Unique Recipients
7
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Metropolitan OperaArt, Social, Civic | New York, NY | $250K | 2023 |
| Far Hills Country Day SchoolEducation | Far Hills, NJ | $70K | 2023 |
| Riverdale Country SchoolEducation | Bronx, NY | $60K | 2023 |
| The Lawrenceville SchoolEducation | Lawrenceville, NJ | $53K | 2023 |
| Delbarton SchoolEducation | Morristown, NJ | $50K | 2023 |
| Jcc ManhattanArt, Social, Civic | New York, NY | $25K | 2023 |
| Village Community SchoolEducation | New York, NY | $25K | 2023 |