Manasquan Bank Charitable Foundation Inc
The Manasquan Bank Charitable Foundation Inc is a private foundation based in Wall Township, New Jersey, established in 2014. The foundation is designed to support local communities served by Manasquan Bank through grants and other funding mechanisms. It operates as a philanthropic arm of Manasquan Bank, which has served its communities since 1874.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$309K
+19.0% YoY
Grant Count
146
+14.1% YoY
Avg Grant Size
$2K
+4.3% YoY
Mission & Focus Areas
Mission Statement: The Manasquan Bank Charitable Foundation, Inc. is a private foundation designed to support the local communities served by Manasquan Bank through grants and other funding. The foundation's goal is to enhance the efforts of not-for-profit groups, institutions, schools and other organizations within local communities who are working to solve unfulfilled needs through innovative thinking and programs.
Targeted Funding Priorities:
- Education — Supporting programs that inspire passion about learning and enhance educational opportunities. Areas of particular interest include economics, finance, communications, business, and public speaking.
- Social and Civic Services — Supporting volunteer and other organizations that provide vital services and bolster social infrastructure to improve quality of life.
- Human Services — Supporting organizations addressing community needs and social welfare.
- Philanthropy, Voluntarism & Grantmaking — Supporting charitable infrastructure and volunteerism initiatives.
Grantmaking
Typical awards range from $500 to $7,500.
How to Apply
**
Ready to take the next step with Manasquan Bank Charitable Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily supports communities in New Jersey, with particular focus on Monmouth, Ocean, and Middlesex counties. The foundation has also supported organizations in Pennsylvania, Texas, Kansas, and California.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $546,477 (as of 2024)
- Total Giving (2024): $308,900
- Revenue (most recent period): $300,503
- Expenses (most recent period): $259,604
| 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
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a team of unpaid trustees and officers:
- James S. Vaccaro — Chair, President & CEO (of Manasquan Bank)
- Ruth Harms — Trustee
- James M. Manser — Trustee
- Janine Akey — Trustee
- Catherine D. Franzoni — Treasurer
All trustees and officers serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ruth Harms | Trustee | — | — |
| Andi Sisti | Trustee | — | — |
| Janine Akey | Trustee | — | — |
| James S Vaccaro | Trustee | — | — |
| Catherine D Franzoni | Treasurer | — | — |
Recent News & Activity
Recent developments and announcements
**Community Engagement:**
Manasquan Bank received the 2025 New Jersey Bankers Association Community Service Award, recognizing the bank's exemplary commitment to community enrichment, volunteerism, and charitable investment.
Manasquan Bank Charitable Foundation Donates $120,000 to Local Food PantriesBank staff contributed over 505 volunteer hours supporting food banks, mentoring programs, environmental cleanups, and volunteer efforts through the CREW Cares program.
**Recent Grants:**
The foundation awarded a grant to Collaborative Support Programs of New Jersey.
Manasquan Bank Awards Collaborative Support Programs of New Jersey as CharitableIn November 2025, the foundation donated $120,000 to local food pantries and expanded relief services in response to federal government shutdown and SNAP benefit reductions.
Manasquan Bank Charitable Foundation Donates $120,000 to Local Food Pantries**Scholarship Program:**
The foundation supports the Manasquan Bank Continuing Education Scholarship, which provides scholarships to students attending accredited colleges, universities, vocational schools, or other institutions of higher learning. The scholarship is open to residents of Monmouth, Ocean, or Middlesex counties between ages 17 and 23.
Manasquan Bank Charitable Foundation Donates $120,000 to Local Food Pantries**Community Events:**
The foundation supports Community Day, an annual community celebration featuring family activities, food, entertainment, and fundraising opportunities for local charities through the annual Days of Giving initiative.
Manasquan Bank Charitable Foundation Donates $120,000 to Local Food PantriesSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Stephen J Machuta Scholarship Trust
PENNINGTON, NJ
Assets
$1.9M
Grants
1
Total Given
$70K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Manasquan Bank Charitable Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities