New Jersey Bankers Charitable Foundation Inc

CRANFORD, NJ EIN: 34-2025283

New Jersey Bankers Charitable Foundation Inc is a private foundation focused on Education, based in CRANFORD, NJ. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $396K in total assets. In 2024, it awarded 2 grants totaling $33K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$396K

-7.4% YoY

Annual Giving

$33K

-31.9% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$16K

+2.2% YoY

About New Jersey Bankers Charitable Foundation Inc

Based on IRS filings

New Jersey Bankers Charitable Foundation Inc is a private foundation focused on Education, based in CRANFORD, NJ. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $396K in total assets. In 2024, it awarded 2 grants totaling $33K. Net investment income was $5K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

BethlehemChicoColts NeckCranfordLawrencevilleLouisvilleMorristownNew BrunswickNew ProvidenceNewarkTallahasseeTeanackTeaneckWashingtonWest Long Branch

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$31K$61K$92K$122K201920202021202220232024
Metric202420232022
Total Assets$395,721$427,224$449,411
Revenue$5,110$29,411$62,315
Expenses$36,613$51,598$65,312
Qualifying Distributions$32,500$50,038$63,946
Net Investment Income$5,110$2,851
Distributable Amount$19,935$21,469$20,491

Giving Over Time

Total grant dollars and number of grants per year

$0$27K$54K$81K$108K3 grants20196 grants20203 grants20217 grants20223 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

NJ SUBMARINE COMMISSION …$25KCENTER FOR ENTREPENUERSH…$8K

Grant Size Distribution

21 grants across all recorded years

20<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL P AFFUSO EsqCHAIR0.2
JOHN MANGINIEX-OFFICIO TRUSTEE0.5
MATTHEW COONEYTRUSTEE0.2
CHRISTOPHER MAHERTRUSTEE - TERM. 06/18/20240.2
JAMES SILKENSENTRUSTEE0.2
JOHN M BONHOMMETRUSTEE0.2
PATRICK L RYANTRUSTEE0.2
ROBERT E STILLWELLTRUSTEE0.2
STEVEN M KLEINTRUSTEE0.2
JANE E REYTRUSTEE - TERM. 06/18/20240.2
CRAIG L MONTANAROTRUSTEE0.2
IRA ROBBINSTRUSTEE0.2
ANTHONY LABOZZETTATRUSTEE - EFF. 06/18/20240.2
ELIZABETH MAGENNISTRUSTEE- EFF. 06/18/20240.2
Brittany WheelerEX-OFFICIO MEMBER0.2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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