Montecalvo Family Foundation
The Montecalvo Family Foundation is a private foundation based in Atlantic Highlands, New Jersey. Its 2025 filing reports grants to 11 organizations, all in New Jersey, including organizations working in higher education, health care, environmental protection, arts, and community services.
Montecalvo Family Foundation at a glance
In short: Montecalvo Family Foundation gave $603K across 11 grants in 2025 (avg $55K), mostly in New Jersey. 45% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $602,875
- -16.8% vs 2024
- Grants made (2025)
- 11
- +0.0% vs 2024
- Average grant
- $54,807
- -16.8% vs 2024
- Median grant
- $15,000
- Total assets
- $4,907,655
- -9.2% vs 2024
- New grantees (estimate)
- 45% first-time grantees (5 of 11, 2025; small sample)
- Primary geography
- New Jersey (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Montecalvo Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1041 Nj-36 Suite 200, Atlantic Highlands, NJ 07716
Phone: (732) 738-6000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Montecalvo Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Monmouth University ($200K). Together the top 10 received $601K.
Grant Size Distribution
38 grants across all recorded years
The most common grant size was under $50K: 14 grants of 38 (37%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in New Jersey.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
Cities
Is Montecalvo Family Foundation open to new grantees?
45%
first-time grantees, 2025
In 2025, 5 of 11 grantees (45%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $8K; repeat grants $94K. How we count
Medians: $10K first-time, $63K repeat.
- 55% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−9%). Method
- In 2025 it paid out 238% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). 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 2021 to 2025, annual grant giving ranged from $603K (2025) to $770K (2023). In 2025 it made 11 grants totaling $603K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Monmouth University West Long Branch, NJ | General Donation | $200,000 |
| Riverview Medical Center Foundation Edison, NJ | General Donation | $200,000 |
| Count Basie Center for the Arts Red Bank, NJ | General Donation | $75,000 |
| Monmouth Medical Center Foundation Long Branch, NJ | General Donation | $50,000 |
| Clean Ocean Action Long Branch, NJ | General Donation | $30,000 |
| Middletown Historical Society Middletown, NJ | General Donation | $15,000 |
| Highlands First Aid Squad Highlands, NJ | General Donation | $10,000 |
| Tigger Stavola Foundation Red Bank, NJ | General Donation | $10,000 |
| Monmouth Conservation Foundation Lincroft, NJ | General Donation | $6,000 |
| Arc of Monmouth Tinton Falls, NJ | General Donation | $5,000 |
Ready to take the next step with Montecalvo Family Foundation?
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 | $4,907,655 | $134,788 | $616,269 | $602,875 | 11 | $602,875 | $134,788 | $253,417 |
| 2024 | $5,403,516 | $1,660,023 | $746,831 | $725,000 | 11 | $725,000 | $160,023 | $205,894 |
| 2023 | $4,475,324 | $2,120,452 | $771,097 | $770,000 | 7 | $770,000 | $120,452 | $152,780 |
| 2022 | $3,125,969 | $2,000,000 | $662,064 | $660,000 | 5 | $660,000 | — | $87,654 |
| 2021 | $1,788,033 | $2,000,000 | $751,967 | $750,000 | 4 | $750,000 | — | $26,081 |
Under IRS private-foundation payout rules, Montecalvo Family Foundation reported a distributable amount of $253K 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 available information does not state a mission for the foundation. Its 2025 grants included support for Monmouth University, which describes its work as higher education through liberal arts, sciences, and professional programs; Monmouth Medical Center Foundation, which supports the charitable purposes and health care services of Monmouth Medical Center; and Clean Ocean Action, which says it works to protect New Jersey and New York coastal waters through research, education, and citizen action. The foundation also supported Monmouth Conservation Foundation, which describes its purpose as protecting open lands, historic areas, and park and recreational areas in Monmouth County.
Grantmaking
In 2025, the foundation gave $602,875 through 11 grants. Grant amounts ranged from $1,875 to $200,000, with a median grant of $15,000. It gave $725,000 through 11 grants in 2024 and $770,000 through 7 grants in 2023.
The largest 2025 grants were $200,000 each to Monmouth University and Riverview Medical Center Foundation; $75,000 to Count Basie Center for the Arts; $50,000 to Monmouth Medical Center Foundation; and $30,000 to Clean Ocean Action. Each was listed for “general donation.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Frank E Montelcavo, Valerie Montecalvo, Nicole Oppelt, and Frank C Montelcavo as trustees.
Montecalvo Family Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Frank C. Montelcavo
Trustee
On filings since 2021
0.5 hrs/week
No compensation reported
Nicole Oppelt
Trustee
On filings since 2021
0.5 hrs/week
No compensation reported
Valerie Montecalvo
Trustee
On filings since 2021
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Montecalvo Family Foundation
How much does Montecalvo Family Foundation give each year?
Montecalvo Family Foundation gave $603K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $725K across 11 grants.
What is Montecalvo Family Foundation's typical grant size?
Montecalvo Family Foundation's median grant in 2025 was $15,000, and its average grant was $54,807, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Montecalvo Family Foundation that year got $8K on average.
Where does Montecalvo Family Foundation give grants?
Montecalvo Family Foundation gives mostly in New Jersey: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Red Bank, NJ (2 grants), Long Branch, NJ (2 grants) and Highlands, NJ (2 grants).
Does Montecalvo Family Foundation give general operating support?
Yes: 100% of Montecalvo Family Foundation's 2025 grants with a stated purpose (11 of 11) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Montecalvo Family Foundation's largest grantees?
Montecalvo Family Foundation's largest 2025 grantees include Monmouth University ($200,000), Riverview Medical Center Foundation ($200,000) and Count Basie Center for the Arts ($75,000), according to its 2025 IRS Form 990-PF. Together they received 79% of its itemized 2025 grant dollars.
How large is Montecalvo Family Foundation?
Montecalvo Family Foundation reported $4.9M in total assets on its 2025 IRS Form 990-PF. It paid out $603K in qualifying distributions that year, against a required minimum of $253K (roughly 5% of its investment assets).
What does Montecalvo Family Foundation fund?
The available information does not state a mission for the foundation. See mission & focus areas ↑
How do I apply for a grant from Montecalvo Family Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Montecalvo Family Foundation's EIN?
Montecalvo Family Foundation's EIN (Employer Identification Number) is 85-4184959. IRS Form 990 filing data is available on this page for 2021–2025.
Does Montecalvo Family Foundation accept unsolicited proposals?
No, 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
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 19, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 6, 2026)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Montecalvo Family Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Montecalvo Family Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/montecalvo-family-foundation-morg_0adb7f544ea94025963841c17244d58f
BibTeX
@misc{grantable_854184959_2026,
author = {{Grantable}},
title = {{Montecalvo Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/montecalvo-family-foundation-morg_0adb7f544ea94025963841c17244d58f},
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 Montecalvo Family Foundation'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.
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