Ernest Schacht Fund Co Valley National Bank
Ernest Schacht Fund Co Valley National Bank is a private foundation, based in PARAMUS, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 9 grants totaling $112K. Net investment income was $120K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.4M
-0.3% YoY
Annual Giving
$112K
-40.3% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$12K
-40.3% YoY
About Ernest Schacht Fund Co Valley National Bank
Based on IRS filings
Ernest Schacht Fund Co Valley National Bank is a private foundation, based in PARAMUS, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 9 grants totaling $112K. Net investment income was $120K.
Ready to take the next step with Ernest Schacht Fund Co Valley National Bank?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,433,266 | $1,437,427 | $1,497,594 |
| Revenue | $130,744 | $152,540 | $114,259 |
| Expenses | $135,366 | $212,358 | $81,061 |
| Qualifying Distributions | $118,501 | $194,902 | $67,889 |
| Net Investment Income | $120,374 | $141,737 | $92,441 |
| Distributable Amount | $84,891 | $170,020 | $81,580 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Valley National Bank Trust Co | TRUSTEE | 2 | $19,333 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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