Kearnybank Foundation Inc
KearnyBank Foundation Inc is a private grantmaking foundation based in Fairfield, New Jersey. Established in 2016, the foundation operates as the philanthropic arm of Kearny Bank, supporting nonprofit organizations through financial grants and employee volunteer efforts. The foundation is dedicated to improving the lives of community members across the regions served by its parent bank.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$611K
-8.5% YoY
Grant Count
95
+1.1% YoY
Avg Grant Size
$6K
-9.5% YoY
Mission & Focus Areas
The foundation supports programs designed to promote education, housing, community betterment, and quality of life.
The foundation specifically focuses on organizations working in the following areas:
- Education — Providing literacy, financial literacy, higher education, and youth outreach
- Housing — Addressing the urgent need for affordable housing, positive neighborhood development, and emergency housing
- Community Betterment (Arts, Culture, Stewardship) — Enhancing lives through the arts, social programs, local improvements, and fostering understanding of citizenship responsibilities
- Quality of Life — Helping senior citizens, veterans, people with disabilities, and seriously ill individuals, including hospice care and end-of-life family support
Grantmaking
Nonprofit organizations interested in applying for a grant are encouraged to submit a Letter of Interest (LOI) first. The LOI should include details about the organization and a summary of the requested funding.
How to Apply
Nonprofit organizations interested in applying for a grant are encouraged to submit a Letter of Interest (LOI) first. The LOI should include details about the organization and a summary of the requested funding.
Ready to take the next step with Kearnybank Foundation Inc?
Geographic Focus
Where this funder awards grants
The KearnyBank Foundation supports nonprofit organizations in the following New Jersey counties: Bergen, Essex, Hudson, Middlesex, Morris, Monmouth, Ocean, Passaic, and Union. The foundation also funds organizations in Kings and Richmond counties in New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $10.3 million
- Total Revenue: $346,000
- Total Expenses: $752,000
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
1 open opportunity from Kearnybank Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kip Center ($100,000), Junior Achievement of New Jersey ($65,000), Bergen County Winter Wonderland ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 180 TURNING LIVES AROUND HAZLET, NJ | HOUSING | $5,000 |
| ALL THE WAY UP ADULT EDUCATION CENTER INC NEWARK, NJ | EDUCATION | $4,000 |
| ALL-STARS PROJECT INC NEWARK, NJ | COMMUNITY | $2,500 |
| ASBURY PARK HIGH SCHOOL ASBURY PARK, NJ | EDUCATION | $1,000 |
| AXELROD PERFORMING ARTS CENTER DEAL, NJ | COMMUNITY | $10,000 |
| BAYSHORE MEDICAL CENTER FOUNDATION EDISON, NJ | QUALITY OF LIFE | $10,000 |
| BECTON REGIONAL HIGH SCHOOL EAST RUTHERFORD, NJ | EDUCATION | $1,000 |
| BERGEN CATHOLIC TOUCHDOWN CLUB GUTTENBERG, NJ | EDUCATION | $5,000 |
| BERGEN COUNTY COMMUNITY DEVELOPMENT HACKENSACK, NJ | HOUSING | $5,000 |
| BERGEN COUNTY HISTORICAL SOCIETY RIVER EDGE, NJ | COMMUNITY | $1,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CRAIG L MONTANARO | DIRECTOR, PRESIDENT, SECRETARY | 1 | — |
| JOHN HOPKINS | DIRECTOR | 1 | — |
| JOHN MAZUR | DIRECTOR | 1 | — |
| DR JOSEPH MAZZA | DIRECTOR | 1 | — |
| CATHERINE MILONE | DIRECTOR | 1 | — |
| LEO MONTANARO | DIRECTOR | 1 | — |
| KEITH SUCHODOLSKI | DIRECTOR | 1 | — |
| GAIL CORRIGAN | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
In November 2025, the foundation awarded grants totaling nearly $20,000 to two New Jersey nonprofits providing residential support for individuals with developmental disabilities. Our House Foundation received $10,000 for urgent renovations at its Plainfield group home, while Youth Consultation Services received $9,685 for enhancements to its Pearl Street Forever Home residence.
Two New Jersey non-profits receive crucial support for residential care enhancementsThe foundation continues to support organizations aligned with its focus areas through both financial grants and employee volunteer engagement.
KearnyBank Foundation provides support to 2 N.J. nonprofits for residentialSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Kearnybank Foundation Inc fund?
The foundation supports programs designed to promote education, housing, community betterment, and quality of life. The foundation specifically focuses on organizations working in the following areas: • **Education** — Providing literacy, financial literacy, higher education, and youth outreach • **Housing** — Addressing the urgent need for affordable housing, positive neighborhood development, and emergency housing • **Community Betterment (Arts, Culture, Stewardship)** — Enhancing lives throu…
How do I apply for a grant from Kearnybank Foundation Inc?
Nonprofit organizations interested in applying for a grant are encouraged to submit a Letter of Interest (LOI) first. The LOI should include details about the organization and a summary of the requested funding. To properly assess a program, applicants must provide: • A complete budget for the project or program • Current annual budget information Recent grants awarded include: • $10,000 to Our House Foundation for residential care enhancements, including kitchen and flooring updates, exterior …
Where does Kearnybank Foundation Inc make grants?
The KearnyBank Foundation supports nonprofit organizations in the following New Jersey counties: Bergen, Essex, Hudson, Middlesex, Morris, Monmouth, Ocean, Passaic, and Union. The foundation also funds organizations in Kings and Richmond counties in New York.
What size grants does Kearnybank Foundation Inc award?
In 2024, Kearnybank Foundation Inc awarded 95 grants totaling $611K — an average of about $6K per grant, based on its IRS Form 990 filings.
What is Kearnybank Foundation Inc's EIN?
Kearnybank Foundation Inc's EIN (Employer Identification Number) is 47-3699249. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Kearnybank Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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