Chernoff Memorial Charitable Fdn

PENNINGTON, NJ EIN: 30-6633439

Chernoff Memorial Charitable Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.9M in total assets. In 2024, it awarded 1 grants totaling $715K. Net investment income was $1.4M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$15.9M

+3.4% YoY

Annual Giving

$715K

+3.1% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$715K

+3.1% YoY

About Chernoff Memorial Charitable Fdn

Based on IRS filings

Chernoff Memorial Charitable Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.9M in total assets. In 2024, it awarded 1 grants totaling $715K. Net investment income was $1.4M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

LutzWest Nyack

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$488K$976K$1M$2M20202021202220232024
Metric202420232022
Total Assets$15,930,086$15,404,866$15,106,192
Revenue$1,489,175$1,198,589$646,804
Expenses$953,081$895,870$1,255,990
Qualifying Distributions$841,551$805,038$961,993
Net Investment Income$1,390,418$779,460$501,958
Distributable Amount$923,096$826,341$842,102

Giving Over Time

Total grant dollars and number of grants per year

$0$203K$407K$610K$814K2 grants20202 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

THE SALVATION ARMY$715K

Grant Size Distribution

7 grants across all recorded years

<$50K$50–100K$100–250K4$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BANK OF AMERICA N ATRUSTEE$210K

From 2024 filing

NameTitleHoursCompensation
BANK OF AMERICA N ATRUSTEE2$210,268

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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