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.
Key facts about Manasquan Bank Charitable Foundation Inc
- EIN
- 46-3137444
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $428,690
- Grants made (2025)
- 145
- Average grant
- $2,956
- Median grant
- $2,300
- New grantees (estimate)
- 35% first-time grantees (51 of 144, 2025)
- Primary geography
- New Jersey (99% of itemized 2025 grant dollars)
- How to apply
- The foundation is open to new applicants. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Manasquan Bank Charitable Foundation Inc funds
By grant dollars, the top recipient states for Manasquan Bank Charitable Foundation Inc's 145 itemized 2025 grants were New Jersey (99%). The most frequent recipient cities were Metuchen, NJ (12 grants), Toms River, NJ (11 grants), Red Bank, NJ (10 grants) and Manasquan, NJ (8 grants). 25% of grants with a stated purpose were for general or operating support. Recurring purposes include "Food pantry" (5 grants), "Community support" (4 grants) and "Community services" (4 grants).
Is Manasquan Bank Charitable Foundation Inc open to new grantees?
35%
first-time grantees, 2025
In 2025, 51 of 144 grantees (35%) were first-time recipients. First grants averaged $3K; repeat grants $3K. How we count
Medians: $2K first-time, $3K repeat.
Estimate from itemized IRS Form 990-PF grant lists (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Manasquan Bank Charitable Foundation Inc
- How to evaluate Manasquan Bank Charitable Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Manasquan Bank Charitable Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$429K
+38.8% YoY
Grant Count
145
-0.7% YoY
Avg Grant Size
$3K
+39.7% 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
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
Share of all 145 itemized 2025 grant dollars.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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 2025
Grant Size Distribution
600 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Mercy Center ($13,000), Fulfill NJ ($13,000), Lunch Break Inc ($12,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Mercy Center Asbury Park, NJ | General program support | $13,000 |
| Fulfill NJ Tinton Falls, NJ | Community support | $13,000 |
| Lunch Break Inc Red Bank, NJ | Food and clothing for needy | $12,500 |
| Bradley Food Pantry Bradley Beach, NJ | Food pantry | $12,500 |
| First Presbyterian Church of Metuchen Metuchen, NJ | General program support | $10,000 |
| St Anthonys Red Bank Red Bank, NJ | Food pantry | $10,000 |
| Manasquan Food Pantry Manasquan, NJ | Food pantry | $10,000 |
| St Gregorys Food Pantry Point Pleasant Beach, NJ | Food pantry | $10,000 |
| New Beginnings Christian Fellowship Brick Township, NJ | Community service | $10,000 |
| First United Methodist Tuckerton, NJ | Food pantry | $10,000 |
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
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ruth Harms | Trustee | — | — |
| Lisa Roettger | 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
Frequently Asked Questions
What does Manasquan Bank Charitable Foundation Inc fund?
**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 tha…
How do I apply for a grant from Manasquan Bank Charitable Foundation Inc?
The foundation is open to new applicants. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Manasquan Bank Charitable Foundation Inc make 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.
What size grants does Manasquan Bank Charitable Foundation Inc award?
In 2025, Manasquan Bank Charitable Foundation Inc awarded 145 grants totaling $429K — an average of about $3K per grant, based on its IRS Form 990 filings.
What is Manasquan Bank Charitable Foundation Inc's EIN?
Manasquan Bank Charitable Foundation Inc's EIN (Employer Identification Number) is 46-3137444. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Manasquan Bank Charitable Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Oceanfirst Foundation
Toms River, NJ
Assets
$8.8M
Grants
662
Total Given
$1.5M
New Jersey Natural Gas Company Charity
Wall, NJ
Assets
$20.9M
Grants
368
Total Given
$2.0M
Investors Foundation Inc
Summit, NJ
Assets
$13.1M
Grants
240
Total Given
$1.3M
Community Foundation of New Jersey
Morristown, NJ
Assets
$1.0B
Grants
1,321
Total Given
$93.8M
The Jay and Linda Grunin Foundation
Toms River, NJ
Assets
—
Grants
86
Total Given
$6.0M
The Ansell Grimm & Aaron Foundation Inc
Ocean Township, NJ
Assets
$7K
Grants
63
Total Given
$84K
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
Assets
$83.3M
Grants
144
Total Given
$67.7M
Kearnybank Foundation Inc
Fairfield, NJ
Assets
—
Grants
95
Total Given
$611K
The Robert Wood Johnson Foundation
Princeton, NJ
Assets
$13.4B
Grants
3,093
Total Given
$622.6M
Crane Fund for Widows and Children
Englewood Cliffs, NJ
Assets
—
Grants
985
Total Given
$4.5M
Verizon Foundation
Basking Ridge, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
Jpmorgan Chase Foundation
New York, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
More Funders in New Jersey
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.