Investors Foundation Inc
Investors Foundation Inc is a private foundation based in Summit, New Jersey. It supports community organizations serving communities associated with the former Investors Bank footprint, with funding focused on arts, education, health and human services, youth, and affordable housing.
Investors Foundation Inc at a glance
In short: Investors Foundation Inc gave $986K across 135 grants in 2025 (avg $7K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $985,500
- -21.8% vs 2024
- Grants made (2025)
- 135
- -43.8% vs 2024
- Average grant
- $7,300
- +39.1% vs 2024
- Median grant
- $2,500
- Total assets
- $13,410,676
- +2.3% vs 2024
- Primary geography
- New Jersey (62% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Investors Foundation Inc
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The Foundation accepts unsolicited requests through its online grant application. Requests must be submitted online, not by mail, fax, or email.
- Review Cycle
- Applications must be submitted by February 1, May 1, August 1, or November 1 for consideration.
- Deadline
- Applications must be submitted by February 1, May 1, August 1, or November 1 for consideration.
- Contact
Application contact: Priti Mehta
Mailing address: 387 Springfield Ave Unit 3, Summit, NJ 07901
Phone: (973) 379-5850
Email: info@investorsfoundation.org
Website: https://investorsfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Investors Foundation Inc
Who Investors Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Community Soup Kitchen & Outreach Center ($60K across 2 grants). Together the top 10 received $378K.
Grant Size Distribution
2,305 grants across all recorded years
The most common grant size was under $50K: 2,279 grants of 2,305 (99%).
Geographic Focus
Where this funder awards grants
The Foundation’s guidelines say it supports organizations that primarily serve communities in New Jersey, New York City’s five boroughs, and Long Island. In 2025, 62% of grant dollars went to recipients in New Jersey, 37% to New York, and 1% to Massachusetts.
Grant Distribution by State
Share of 2025 grant dollars across all 135 itemized grants.
States
Cities
How Investors Foundation Inc gives
- 54% of 2025 grantees were also funded in 2024. Method
- Giving fell 96% from 2022 to 2025. Method
- In 2025 it paid out 80% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $986K (2025) to $22.1M (2022). In 2025 it made 135 grants totaling $986K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Zoological Society of New Jersey West Orange, NJ | General and Project Support | $60,000 |
| Bonei Olam Brooklyn, NY | General and Project Support | $50,000 |
| Community Soup Kitchen & Outreach Center Morristown, NJ | General and Project Support | $50,000 |
| Saint Peter's University Jersey City, NJ | General and Project Support | $30,000 |
| Richmond University Medical Center Staten Island, NY | General and Project Support | $30,000 |
| New City Kids Jersey City, NJ | General and Project Support | $30,000 |
| Ichud Mosdos Hachinuch of Brooklyn Brooklyn, NY | General and Project Support | $30,000 |
| The Greek School of Plato Brooklyn, NY | General and Project Support | $30,000 |
| Count Basie Theatre Inc Red Bank, NJ | General and Project Support | $25,000 |
| Greater Trenton Trenton, NJ | General and Project Support | $25,000 |
Ready to take the next step with Investors Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $13,410,676 | $1,641,416 | $1,338,880 | $985,500 | 135 | $1,230,025 | $1,537,561 | $1,530,271 |
| 2024 | $13,108,140 | $1,299,929 | $1,607,120 | $1,259,496 | 240 | $1,509,301 | $1,202,110 | $1,163,812 |
| 2023 | $12,987,964 | $1,164,968 | $2,492,425 | $2,097,566 | 492 | $2,325,759 | $1,073,179 | $1,227,288 |
| 2022 | $14,315,421 | $16,348,586 | $22,476,516 | $22,113,446 | 882 | $22,361,601 | $4,280,050 | $2,236,373 |
| 2021 | $20,443,351 | $1,941,775 | $2,623,897 | $2,319,672 | 556 | — | $1,842,603 | $2,092,032 |
| 2020 | $21,125,473 | $2,179,335 | $5,302,228 | $4,962,748 | 1 | — | $2,071,487 | $1,849,088 |
Under IRS private-foundation payout rules, Investors Foundation Inc reported a distributable amount of $1.5M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation’s stated mission is to support impactful initiatives of diverse community organizations in arts, education, health and human services, youth, and affordable housing. It also says its efforts align with selected United Nations Sustainable Development Goals, including no poverty, zero hunger, good health and well-being, climate, quality education, and economic growth.
Examples of grantees’ stated missions illustrate the range of supported work. The Zoological Society of New Jersey says it promotes Essex County Turtle Back Zoo through education and research. Count Basie Theatre describes its work as fostering inclusive artistic experiences and inspiring, educating, and entertaining through cultural and artistic offerings. Saint Peter’s University says it educates a diverse community through undergraduate, graduate, and professional programs. Greater Trenton says it works to advance redevelopment and revitalization in Trenton, particularly downtown.
Grantmaking
In filing year 2025, the Foundation reported 135 grants totaling $985,500. Grant amounts ranged from $500 to $60,000, with a median of $2,500. The largest awards included $60,000 to the Zoological Society of New Jersey; $50,000 each to Bonei Olam and Community Soup Kitchen & Outreach Center; and $30,000 each to Saint Peter’s University, Richmond University Medical Center, New City Kids, Ichud Mosdos Hachinuch of Brooklyn, and The Greek School of Plato. Other listed awards included $25,000 each to Count Basie Theatre and Greater Trenton, and $20,000 each to St Vincent Academy and Capital Health Foundation. The stated purpose for these listed grants was general and project support.
The Foundation accepts requests through an online grant application; it does not accept applications or related materials by mail, fax, or email. Applicants are encouraged to review the sample application. Eligible organizations must be compliant as a 501(c)(3) and classified as either a 509(a)(1) or 509(a)(2) charitable organization; 509(a)(3) organizations are not eligible. The Foundation’s guidelines also require clearly defined objectives, fiscal stability, strong leadership and governance, active board or administrator participation, financial commitments from varied sources, attention to community needs, and efforts to collaborate. It excludes individuals, labor groups, for-profit organizations, political, labor, or lobbying organizations, and requests for meals, tickets, dues, memberships, fees, travel, tuition, subscriptions, other tangible benefits, debt retirement, or activities already completed.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Robert M. Cashill as director and president; Kevin Cummings as director, vice president, and treasurer; Rodger K. Herrigel as director, executive director, and secretary; and Vincent D. Manahan III, William A. Tansey III, Domenick Cama, Michelle Hecht, and Reza Aghamirzadeh as directors.
Investors Foundation Inc is led by Robert M. Cashill, Director & President on every filing since 2020; 5 of 8 officers listed in 2025 are compensated.
Officers on the 2025 filing
Robert M. Cashill
Director & President
On filings since 2020
0.5 hrs/week
$8K (2020) → $8K (2025)
Domenick Cama
Director
On filings since 2020
0.5 hrs/week
$2K (2024) → $8K (2025)
Rodger K. Herrigel
Director, Ex.dir. & Secretary
On filings since 2020
30 hrs/week
$125K (2020) → $125K (2025)
Vincent D. Manahan III
Director
On filings since 2020
0.5 hrs/week
$8K (2020) → $10K (2025)
William A. Tansey III
Director
On filings since 2020
0.8 hrs/week
$8K (2020) → $8K (2025)
Kevin Cummings
Director, Vice President & Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Michelle Hecht
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Reza Aghamirzadeh
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: James Garibaldi (2020–2024) — Director
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $125K, to Rodger K Herrigel (DIR./Ex.dir. & Secretary). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Investors Foundation Inc
How much does Investors Foundation Inc give each year?
Investors Foundation Inc gave $986K across 135 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.3M across 240 grants.
What is Investors Foundation Inc's typical grant size?
Investors Foundation Inc's median grant in 2025 was $2,500, and its average grant was $7,300, across 135 grants on its 2025 IRS Form 990-PF.
Where does Investors Foundation Inc give grants?
Investors Foundation Inc gives mostly in New Jersey: 62% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (37%). The most frequent recipient cities were Brooklyn, NY (21 grants), Newark, NJ (8 grants), New York, NY (8 grants) and Morristown, NJ (5 grants).
Does Investors Foundation Inc give general operating support?
Yes: 100% of Investors Foundation Inc's 2025 grants with a stated purpose (135 of 135) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Investors Foundation Inc's largest grantees?
Investors Foundation Inc's largest 2025 grantees include Community Soup Kitchen & Outreach Center ($60,000 across 2 grants), Zoological Society of New Jersey ($60,000) and Bonei Olam ($50,000), according to its 2025 IRS Form 990-PF. Together they received 17% of its itemized 2025 grant dollars.
How large is Investors Foundation Inc?
Investors Foundation Inc reported $13.4M in total assets on its 2025 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $1.5M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Investors Foundation Inc fund?
The Foundation’s stated mission is to support impactful initiatives of diverse community organizations in arts, education, health and human services, youth, and affordable housing. See mission & focus areas ↑
How do I apply for a grant from Investors Foundation Inc?
The Foundation accepts unsolicited requests through its online grant application. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Investors Foundation Inc's EIN?
Investors Foundation Inc's EIN (Employer Identification Number) is 20-3743857. IRS Form 990 filing data is available on this page for 2020–2025.
Does Investors Foundation Inc accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
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Cite this profile
Grantable. (2026). Investors Foundation Inc funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/investors-foundation-inc-morg_9b22d16247174057b477040ef62c429b
BibTeX
@misc{grantable_203743857_2026,
author = {{Grantable}},
title = {{Investors Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/investors-foundation-inc-morg_9b22d16247174057b477040ef62c429b},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Investors Foundation 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.
Investors Foundation Inc down — hundreds of funders to go?