MRCC Foundation Inc
The corporation is formed to (I) establish and administer a fund of monies from which to award scholarships to employess including their family members and service providers of mountain ridge country club on an objective needs basis as determined by the trustees,(II) to raise funds and make contributions to public charities, including but not limited to, the njsga caddie scholarship foundation which grants scholarships to caddies, receive donations and grants monies from which to fund the scholarships mentioned in (I) and (II)above, and (IV) any and all things that a nonprofit corportation qualified as a public charity may do.
MRCC Foundation Inc at a glance
In short: MRCC Foundation Inc gave $28K across 2 grants in 2024 (avg $14K), mostly in New Jersey. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $27,500
- Grants made (2024)
- 2
- Average grant
- $13,750
- Median grant
- $13,750
- Total assets
- $338,358
- +28.1% vs 2023
- Primary geography
- New Jersey (73% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who MRCC Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was NJSGA Caddie Scholarship ($20K). Together the top 2 received $28K.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 2 grants totaling $28K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| NJSGA Caddie Scholarship Kenilworth, NJ | General Support | $20,000 |
| Metropolitan Golf Association Inc (Golfworks) Elmsford, NY | General Support | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $338,358 | $248,331 | $174,042 | $27,500 | 2 | $5,536 |
| 2023 | $264,069 | $237,947 | $154,258 | — | — | $3,505 |
| 2022 | $180,380 | $348,039 | $399,298 | — | — | — |
| 2021 | $231,639 | $221,252 | $150,883 | — | — | — |
| 2020 | $161,270 | $181,537 | $132,050 | — | — | — |
About MRCC Foundation Inc
Based on IRS filings
MRCC Foundation Inc is a public charity focused on Education, based in West Caldwell, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $338K in total assets. In 2024, it awarded 2 grants totaling $28K. Net investment income was $6K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
MRCC Foundation Inc is led by John Fanburg, President on every filing since 2020; none of the 14 officers listed in 2024 report compensation.
Officers on the 2024 filing
John Fanburg
President
On filings since 2020
3 hrs/week
No compensation reported
Blair Schachtel
Board Member
Trustee → Board Member, 2021
On filings since 2020
3 hrs/week
No compensation reported
Dana Friedman
Board Member
Trustee → Board Member, 2021
On filings since 2020
3 hrs/week
No compensation reported
Ellen Brener
Board Member
Trustee → Board Member, 2021
On filings since 2020
3 hrs/week
No compensation reported
Howard Jacobs
Board Member
Trustee → Board Member, 2021
On filings since 2020
3 hrs/week
No compensation reported
James Messina
Secretary
On filings since 2020
3 hrs/week
No compensation reported
Jeremy Halpern
Treasurer
Tresurer → Treasurer, 2021
On filings since 2020
3 hrs/week
No compensation reported
Rob Francis
Board Member
Trustee → Board Member, 2021
On filings since 2020
3 hrs/week
No compensation reported
Ellie Lazarus
Board Member
On filings since 2021
3 hrs/week
No compensation reported
Ned Steiner
Board Member
On filings since 2021
3 hrs/week
No compensation reported
Stephen Weinstein
Board Member
On filings since 2021
3 hrs/week
No compensation reported
Bill Wachtel
Board Member
On filings since 2023
3 hrs/week
No compensation reported
Jon Maslin
Board Member
On filings since 2023
3 hrs/week
No compensation reported
Jon Mann
Board Member
New on the 2024 filing
3 hrs/week
No compensation reported
Former officers (6)
- Former: Penina Barr (2020–2023) — Board Member
- Former: Lois Sherwin (2020–2022) — Board Member
- Former: Tommy Bass (2021–2022) — Board Member
- Former: William Wachtel (2022) — Board Member
- Former: Eleanor Lazarus (2020) — Trustee
- Former: Thomas Bass (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "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 MRCC Foundation Inc
How much does MRCC Foundation Inc give each year?
MRCC Foundation Inc gave $28K across 2 grants in 2024, according to its 2024 IRS Form 990.
How large is MRCC Foundation Inc?
MRCC Foundation Inc reported $338K in total assets on its 2024 IRS Form 990. Its revenue that year was $248K.
What is MRCC Foundation Inc?
MRCC Foundation Inc is a public charity focused on Education, based in West Caldwell, NJ. It holds $338K in total assets as of 2024.
Where does MRCC Foundation Inc operate?
MRCC Foundation Inc has awarded grants in New Jersey, New York.
What is MRCC Foundation Inc's EIN?
MRCC Foundation Inc's EIN (Employer Identification Number) is 81-1563864. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
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