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The Erct Foundation Inc. is a private corporation based in MONTCLAIR, NJ. The foundation received its IRS ruling in 2019. The principal officer is % Anthony F Vitiello. It holds total assets of $28.2M. Annual income is reported at $17.4M. PUBLIC SUPPORT PROGRAMS. According to available records, The Erct Foundation Inc. has made 69 grants totaling $3.3M, with a median grant of $29K. Annual giving has grown from $364K in 2020 to $985K in 2023. Grantmaking activity was highest in 2022 with $1.3M distributed across 22 grants. Individual grants have ranged from $1K to $200K, with an average award of $47K. The foundation has supported 40 unique organizations. The foundation primarily supports organizations in District of Columbia, New York, Pennsylvania, which account for 55% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
EDUCATION
Expenses: $347K
PUBLIC SUPPORT PROGRAMS
Expenses: $17K
PUBLIC SUPPORT PROGRAMS. Based on available records, the foundation has funded 69 grants. Its grantmaking reaches organizations primarily in DC, NY, PA.
The Erct Foundation Inc. has distributed a total of $3.3M across 69 grants. The median grant size is $29K, with an average of $47K. Individual grants have ranged from $1K to $200K.
The Erct Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Erct Foundation Inc. is headquartered in MONTCLAIR, NJ. While based in NJ, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ercument Tokat | DIRECTOR | $0 | $0 | $0 |
Total Giving
$1M
Total Assets
$25.7M
Fair Market Value
$24.2M
Net Worth
$24M
Grants Paid
$985K
Contributions
$5M
Net Investment Income
$809K
Distribution Amount
$0
Total: $0
Total Grants
69
Total Giving
$3.3M
Average Grant
$47K
Median Grant
$29K
Unique Recipients
40
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| MetEDUCATION | New York, NY | $50K | 2023 |
| Columbia UniversityEDUCATION | New York, NY | $10K | 2020 |
| Brookings InsitutionEDUCATION | Washington, DC | $200K | 2023 |
| International Rescue CommitteEDUCATION | New York, NY | $200K | 2023 |
| Melis Eylul DogrukolPUBLIC SUPPORT |
MARS, PA
CEDAR GROVE, NJ
DES PLAINES, IL
ESPANOLA, NM
SANDY, UT
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| Kenmore, WA |
| $116K |
| 2023 |
| Concordia UniversityEDUCATION | Montreal | $100K | 2023 |
| New York UniversityEDUCATION | New York, NY | $86K | 2023 |
| Victory FundEDUCATION | Philadelphia, PA | $50K | 2023 |
| Turkish Philanthropy FundsEDUCATION | New York, NY | $32K | 2023 |
| Fons Vitae Of Kentucky IncEDUCATION | Louisville, KY | $30K | 2023 |
| Northern Nj Muslim PhysicianPUBLIC SUPPORT | Paramus, NJ | $24K | 2023 |
| Turkish American Art SocietyEDUCATION | Queens, NY | $20K | 2023 |
| Ft Financial LiteracyEDUCATION | London | $13K | 2023 |
| Turkish ConsualteEDUCATION | Washington, DC | $10K | 2023 |
| Academic Studies PressPUBLIC SUPPORT | Brookline, MA | $9K | 2023 |
| Nef VakfiEDUCATION | Sisli | $8K | 2023 |
| Tammy MurphyEDUCATION | Maplewood, NJ | $7K | 2023 |
| Direct DonationEDUCATION | Montclair, NJ | $6K | 2023 |
| Jordan Yarmouk UniversityEDUCATION | Irbid | $5K | 2023 |
| Council Of Foreign RelationsEDUCATION | New York, NY | $5K | 2023 |
| Governor HochulEDUCATION | New York, NY | $5K | 2023 |
| Jordan Philadelphia UniversityEDUCATION | Amman | $4K | 2023 |
| Jordan Al Zaytoonah UniversityEDUCATION | Amman | $3K | 2023 |
| Threshold SocietyEDUCATION | Madison, WI | $2K | 2023 |
| Baraka Blue BooksEDUCATION | Seattle, WA | $1K | 2023 |
| Standford UniversityEDUCATION | Stanford, CA | $50K | 2022 |
| American UniverstiyEDUCATION | Wqashington, DC | $44K | 2022 |
| Temple University Fall 2021EDUCATION | Philadelphia, PA | $41K | 2022 |
| The Asu FoundationEDUCATION | Tempe, AZ | $20K | 2022 |
| Rutgers UniversityEDUCATION | Piscataway, NJ | $14K | 2022 |
| American UniversityEDUCATION | Washington, DC | $78K | 2021 |
| Columbia Mailman Publich Health DonEDUCATION | New York, NY | $43K | 2021 |
| Friends Of SchumerEDUCATION | New York, NY | $6K | 2021 |
| Governor For MurphyEDUCATION | Newark, NJ | $5K | 2021 |
| Uja Federation New YorkEDUCATION | New York, NY | $3K | 2021 |
| International Residential CollegeEDUCATION | Charlottesville, VA | $100K | 2020 |
| Americaan UniversityEDUCATION | Washington, DC | $30K | 2020 |
| Temple UniversityEDUCATION | Philadelphia, PA | $30K | 2020 |
| The Life Science Care PhilaRESEARCH/SUPPORT | Ardmore, PA | $27K | 2020 |
| Columbia Mailman School Of PublicEDUCATION | New York, NY | $25K | 2020 |
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