New Brunswick Development Corporation is a private foundation focused on Human Services, based in NEW BRUNSWICK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $994.5M in total assets. In 2024, it made $6.9M in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$994.5M
+3.1% YoY
Revenue
$10.1M
-16.4% YoY
Qualifying Distributions
$6.9M
-0.9% YoY
Expenses
$6.9M
+3.2% YoY
About New Brunswick Development Corporation
Based on IRS filings
New Brunswick Development Corporation is a private foundation focused on Human Services, based in NEW BRUNSWICK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $994.5M in total assets. In 2024, it made $6.9M in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $994,478,932 | $964,956,761 | $185,948,176 |
| Revenue | $10,107,020 | $12,094,567 | $9,405,642 |
| Expenses | $6,917,922 | $6,703,810 | $5,961,058 |
| Qualifying Distributions | $6,874,912 | $6,935,356 | $5,836,628 |
| 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 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTOPHER J PALADINO | PRESIDENT | — | $699,707 |
| IRA S NOVAK esq | DIRECTOR | — | — |
| GILBERT H BLITZ | DIRECTOR | — | — |
| DENNIS MARCO | DIRECTOR | — | — |
| VITO R NARDELLI | VICE CHAIRPERSON | — | — |
| WILLIAM j QUINN | DIRECTOR | — | — |
| DAVID G SCIARRA ESQ | DIRECTOR | — | — |
| GEORGE R ZOFFINGER | CHAIRMAN | — | — |
| AMY MANSUE | director | — | — |
| SERGIO IACOVITTI | DIRECTOR | — | — |
| Merrisa A Buczny | VP/Assistant Secretary | — | $458,745 |
| Sarah F Clarke | EVP/Assistant Secretary | — | $510,538 |
| STANLEY M KOSIEROWSKI | DIRECTOR | — | — |
| GLEN SOFO | TREASURER | — | $233,882 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New Brunswick Development Corporation?
New Brunswick Development Corporation is a private foundation focused on Human Services, based in NEW BRUNSWICK, NJ. It holds $994.5M in total assets as of 2024.
How large is New Brunswick Development Corporation?
As of 2024, New Brunswick Development Corporation holds $994.5M in total assets with $10.1M in annual revenue.
What is New Brunswick Development Corporation's EIN?
New Brunswick Development Corporation's EIN (Employer Identification Number) is 22-2104766. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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