Institute of Management Accountants Memorial Education Fund Inc

Public charity · Grantmaker Montvale, NJ EIN: 22-2673344

To accept requests and gifts and make grants to support educational programs on management accounting.

Institute of Management Accountants Memorial Education Fund Inc at a glance

In short: Institute of Management Accountants Memorial Education Fund Inc gave $400K across 1 grant in 2025 (avg $400K), mostly in New Jersey. Source: 2025 IRS Form 990.

Annual giving (2025)
$400,000
+33.3% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$400,000
+33.3% vs 2024
Median grant
$400,000
Total assets
$4,284,326
+6.1% vs 2024
Primary geography
New Jersey (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Institute of Management Accountants Memorial Education Fund Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Ima Research Foundation Inc: $400KIma Research Foundation Inc$400K

The largest 2025 recipient was Ima Research Foundation Inc ($400K).

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K2$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 2 grants of 4 (50%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Montvale

How Institute of Management Accountants Memorial Education Fund Inc gives

  • Giving grew 300% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400KTotal only2020 1 grant2021 1 grant2022 Total only2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $9K (2023) to $400K (2025). In 2025 it made 1 grant totaling $400K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Ima Research Foundation Inc Montvale, NJGeneral Support$400,000
Your AI grants department

Ready to take the next step with Institute of Management Accountants Memorial Education Fund Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$4,284,326$267,624$520,056$400,0001$160,435
2024$4,039,312$360,959$349,297$300,0001$256,330
2023$3,544,670$238,064$52,429$8,763Total only$133,125
2022$3,199,456$192,362$166,884$100,0001$85,278
2021$3,657,483$365,924$274,475$200,0001$258,832
2020$3,184,053$187,691$46,190$36,900Total only$78,370

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About Institute of Management Accountants Memorial Education Fund Inc

Based on IRS filings

Institute of Management Accountants Memorial Education Fund Inc is a public charity, based in Montvale, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.3M in total assets. In 2025, it awarded 1 grant totaling $400K. Net investment income was $160K.

Leadership & Key People

Officers and directors from IRS filings

Institute of Management Accountants Memorial Education Fund Inc's 2025 filing lists 7 officers; none of the 7 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Richard T. Brady Cma Cgfm

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Peter J. Dolancmacfmcscacpa

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Sunil S. Deshmukh Cma Cbm

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Ahmed Hassan Cma

    Trustee

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Prakash G. Rajan Cma Cpa Cgma Ca

    Trustee

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Michael Deprisco

    Secretary & Treasurer

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Christine Millaway CPA

    CFO

    On filings since 2024

    0.5 hrs/week

    No compensation reported

Former officers (15)
  • Former: Jeffrey Thomson Cma Csca Cae (2020–2024) — Former Secretary & Treasurer
  • Former: Gwen Van Berne Cma (2022–2024) — Trustee
  • Former: Russ Porter Cma Cfm Csca (2022–2024) — CFO
  • Former: Derek Alan Fuzzell Cmacscacpa (2024) — Trustee
  • Former: Rinku Bhattacharyacma CPA (2024) — Trustee
  • Former: J. Stephen McNally Cma CPA (2021–2023) — Trustee
  • Former: Jane E. Karli Cma (2023) — Trustee
  • Former: Doreen Remmen Cma Csca Cae (2020–2022) — CFO
  • Former: Paul E Juras CMA CPA (2020–2022) — Trustee
  • Former: Charles R. Wright Cmacgmacpa (2021–2022) — Trustee
  • Former: Mandoria Johnston Cma CPA (2022) — Trustee
  • Former: Christian Cuzik Cma (2020–2021) — Trustee
  • Former: Leroy E Pennock CMA (2020) — Trustee
  • Former: Tanya D Shell CMA CSCA CPA (2020) — Trustee
  • Former: Virginia D White CMA (2020) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Institute of Management Accountants Memorial Education Fund Inc

How much does Institute of Management Accountants Memorial Education Fund Inc give each year?

Institute of Management Accountants Memorial Education Fund Inc gave $400K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $300K across 1 grant.

How large is Institute of Management Accountants Memorial Education Fund Inc?

Institute of Management Accountants Memorial Education Fund Inc reported $4.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $268K.

Where does Institute of Management Accountants Memorial Education Fund Inc operate?

Institute of Management Accountants Memorial Education Fund Inc has awarded grants in New Jersey.

What is Institute of Management Accountants Memorial Education Fund Inc's EIN?

Institute of Management Accountants Memorial Education Fund Inc's EIN (Employer Identification Number) is 22-2673344. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS February 11, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS March 22, 2023)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS April 17, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS April 24, 2026)
  5. Updated Form 990 for fiscal year 2020 (received by the IRS March 30, 2021)
  6. Updated Form 990 for fiscal year 2023 (received by the IRS April 30, 2024)
  7. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Institute of Management Accountants Memorial Education Fund Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in New Jersey

The Joan and George Kessel Foundation

Park Ridge, NJ

The Joan and George Kessel Foundation’s recent grants supported animal welfare, medical research and support, children’s health, disability services, and conservation, with most 2025 funding going to organizations in New York. Its 2025 grants ranged from $500 to $19,000, with a median of $2,500. It funds only preselected charitable organizations and does not accept unsolicited requests.

Assets

$1.7M

Grants

11

Total Given

$62K

The Robert Wood Johnson Foundation

Princeton, NJ

The Robert Wood Johnson Foundation funds efforts to improve health and health equity in the United States, including systems change addressing structural barriers to health. In 2024, its grants ranged from $125 to $12.15 million, with a median of $40,000. It typically funds through targeted programs and partnerships; whether it accepts unsolicited requests is not stated.

Philanthropy, Voluntarism & Grantmaking

Assets

$13.4B

Grants

3,093

Total Given

$622.6M

Community Foundation of New Jersey

Morristown, NJ

The Community Foundation of New Jersey supports a broad range of causes, including arts, education, health, human services, and the environment, through donor-directed and other charitable funds. Its 2024 itemized grants had a median of $19,759, with awards ranging widely; its current health grant opportunity serves Morris and Somerset counties. Eligible New Jersey nonprofits may apply to specific grant opportunities, subject to each opportunity’s guidelines.

Assets

$1.0B

Grants

1,321

Total Given

$93.8M

Crane Fund for Widows and Children

Englewood Cliffs, NJ

The Crane Fund for Widows and Children supports charitable organizations, including those working in healthcare and social services, children’s services, recreation, and basic needs, with grants across multiple states. Its 2024 grants ranged from $2,000 to $45,000, with a median of $4,500; it funds only preselected organizations and does not accept unsolicited requests.

Assets

$1.6M

Grants

985

Total Given

$4.5M

Oceanfirst Foundation

Toms River, NJ

OceanFirst Foundation funds nonprofits working in health and wellness, housing, youth development and education, economic stability, quality of life, and higher education in communities served by OceanFirst Bank. In 2025 it awarded grants of $50 to $55,000, with a median of $2,200. It does not limit giving to preselected organizations; prospective applicants are directed to contact the foundation to discuss fit before applying through its online portal.

Philanthropy, Voluntarism & Grantmaking

Assets

$6.1M

Grants

425

Total Given

$1.6M

The Hyde and Watson Foundation

Warren Township, NJ

The Hyde and Watson Foundation funds capital projects in human services, education, health, arts and culture, and the environment. Most awards are $5,000–$20,000, with a 2024 median of $10,000, for eligible nonprofits in New York City and Essex, Morris, and Union counties in New Jersey. It accepts applications through an online portal during its stated application periods; the profile does not say whether it accepts unsolicited requests.

Assets

$88.2M

Grants

611

Total Given

$6.1M

More similar funders

More Funders in New Jersey

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Institute of Management Accountants Memorial Education Fund Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Institute of Management Accountants Memorial Education Fund Inc down — hundreds of funders to go?

Want AI to do this for you?