Columbia Bank Foundation is a private corporate foundation established in 2004 and incorporated in Delaware. Based in Fair Lawn, New Jersey, the foundation is a 501(c)(3) tax-exempt organization dedicated to philanthropic grantmaking and community investment.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$44.8M
-17.0% YoY
Annual Giving
$1.9M
-14.7% YoY
Grant Count
410
-14.0% YoY
Avg Grant Size
$5K
-0.8% YoY
Mission & Focus Areas
The foundation supports programs designed to promote:
- Health and Human Services – initiatives addressing basic needs and human services for vulnerable populations
- Affordable Housing – programs promoting affordable housing for low- and moderate-income individuals and communities
- Community Investment and Economic Development – initiatives improving quality of life, sustaining economic development, and supporting job skills for low- and moderate-income individuals and communities
- Financial Literacy and Education – programs enriching educational opportunities and promoting financial counseling
- Employee-Sponsored Initiatives – charitable giving programs supported by employees
Special emphasis is directed toward organizations serving low- and moderate-income individuals and communities.
Grantmaking
The foundation operates several active grant programs:
Grant Range
** Up to $50,000
Average Grant
Amount:** Approximately $4,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Primary States: New Jersey, New York, Michigan, Florida, California
- Geographic Reach: Grantmaking reaches organizations across 21 states, with 97% of grants concentrated in New Jersey, Florida, and New York
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (Most Recent Data)
- Total Assets (2024): $44,831,760
- Total Assets (2023): $54,000,000
- Total Revenue (2024): $368,477
- Total Revenue (2023): $66,300
- Total Expenses (2024): $2,513,419
- Total Expenses (2023): $2,540,000
- Total Liabilities (2023): $616,000
Asset Growth
Total assets have grown from $30,000 in 2011 to $54 million in 2023, demonstrating significant foundation growth over the past decade.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $44,831,760 | $53,992,779 | $61,190,712 |
| Revenue | $368,477 | $66,254 | — |
| Expenses | $2,513,419 | $2,538,779 | $2,890,135 |
| Qualifying Distributions | $2,431,961 | $2,543,610 | $2,834,403 |
| Net Investment Income | $344,877 | $38,395 | — |
| Distributable Amount | $2,626,706 | $2,601,932 | $3,022,185 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
2 open opportunities from Columbia Bank Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- President: Thomas J. Kemly
- Treasurer: Dennis E. Gibney
- Executive Director: Julie Holland (highest compensated staff member)
- Staff Size: 2 employees
- Governance: 13 officers and trustees
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS J KEMLY | PRESIDENT | 1 | — |
| DENNIS E GIBNEY | TREASURER | 1 | — |
| MAYRA L RINALDI | SECRETARY/DIRECTOR | 1 | — |
| KWANGHYON THOMAS KO | COUNSEL | 1 | — |
| JULIE HOLLAND | EXECUTIVE DIRECTOR | 45 | $227,561 |
| E THOMAS ALLEN | DIRECTOR | 1 | — |
| JOHN KLIMOWICH | DIRECTOR | 1 | — |
| ELIZABETH E RANDALL | DIRECTOR | 1 | — |
| MINOSKA MATEO | DIRECTOR | 1 | — |
| MICHAEL LAPORTE | ASSISTANT DIRECTOR | 45 | $145,465 |
| JAMES KUIKEN | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
**2025:** Columbia Bank Foundation provided $50,000 in emergency funding to 23 nonprofits to help offset cuts in SNAP benefits
Columbia Bank Foundation Provides $50,000 in Emergency Funding to 23 Nonprofits**2020:** Foundation granted nearly $600,000 to local nonprofits and hospitals
Columbia Bank Foundation Provides $50,000 in Emergency Funding to 23 Nonprofits**2020:** Donated more than $500,000 through a new charitable giving program
**2021:** Awarded $100,000 in grants to four affordable housing advocates
COLUMBIA BANK AWARDS $100,000 IN GRANTS TO FOUR AFFORDABLE HOUSING ADVOCATESContact Information
- Address: 19-01 Route 208 North, Fair Lawn, NJ 07410-2832
- Phone: 201-794-5629
- Website: www.columbiabankonline.com/columbia-foundation
- EIN: 20-1115566
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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