NVE Bank Community Foundation
NVE Bank Community Foundation is a private foundation based in Naugatuck, Connecticut. Its 2025 filing reports 21 grants totaling $180,000, all to recipients in New Jersey.
NVE Bank Community Foundation at a glance
In short: NVE Bank Community Foundation gave $180K across 21 grants in 2025 (avg $9K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $180,000
- Grants made (2025)
- 21
- Average grant
- $8,571
- Median grant
- $5,000
- Total assets
- $5,512,793
- 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.
How to apply to NVE Bank Community Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Applications should be submitted online via the website. The filing directs applicants to the grant guidelines for application materials and award restrictions.
- Review Cycle
- See the grant guidelines available on the website.
- Deadline
- See the grant guidelines available on the website.
- Contact
Application contact: Karen Melon
Mailing address: 251 Church St, Naugatuck, CT 06770-4121
Phone: (201) 816-2800
Email: kmelon@nvebank.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who NVE Bank Community Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Bergen Performing Arts Center Inc ($30K). Together the top 10 received $165K.
Organizations only. It also paid 10 individual scholarships ($10,000), which are not listed by name.
Grant Size Distribution
21 grants across all recorded years
The most common grant size was under $50K: 21 grants of 21 (100%).
Geographic Focus
Where this funder awards grants
All 2025 grant dollars went to recipients in New Jersey. The listed recipients include organizations in Bergen County communities such as Englewood, Westwood, Paramus, Ridgewood, and Oakland.
Grant Distribution by State
Share of 2025 grant dollars across all 21 itemized grants.
States
Cities
How NVE Bank Community Foundation gives
- In 2025 it paid out 164% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 21 grants totaling $180K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bergen Performing Arts Center Inc Englewood, NJ | Sponsorship | $30,000 |
| Habitat for Humanity of Bergen County Inc Westwood, NJ | Safe at Home: Aging in Place and Accessi | $25,000 |
| City of Englewood Englewood, NJ | Englewood Independence Day Celebration | $20,000 |
| Flat Rock Brook Nature Association Inc Englewood, NJ | Contributions | $20,000 |
| Food Brigade Inc Paramus, NJ | Bergen County Food Rescue Proj | $15,000 |
| Trst of Carmelite Fathers of NJ St Cecilia Church DBA Office of Concern Foo Englewood, NJ | Food Insecurity | $15,000 |
| Felician Sisters Co Immaculate Conception Convent Lodi, NJ | 150TH Anniversary | $12,500 |
| Family Promise of Bergen County Ridgewood, NJ | Housing and Support to Families (Food IN | $10,000 |
| Reed Foundation for Autism Oakland, NJ | Reed Intersive Behavioral Services (Ribs | $10,000 |
| Metropolitan YMCA of the Oranges Inc Livingston, NJ | Greater Bergen County YMCA Ambassador SP | $7,500 |
Ready to take the next step with NVE Bank Community 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 | $5,512,793 | $7,740,772 | $264,208 | $180,000 | 21 | $255,737 | $2,605,052 | $156,160 |
Under IRS private-foundation payout rules, NVE Bank Community Foundation reported a distributable amount of $156K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available information does not state a mission for the foundation. Its 2025 grants included support for arts, housing, environmental preservation, food assistance, autism services, and community programs. These areas describe the work of grantees, not a stated foundation mission: Bergen Performing Arts Center says it works to enhance performing arts in Northern New Jersey; Habitat for Humanity of Bergen County says it provides affordable homes to local families; Flat Rock Brook Nature Association says it maintains a nature preserve for plants, wildlife, and public use; and The Food Brigade says it works to ensure that no one in New Jersey goes hungry. Other grantees describe work supporting people with autism, families experiencing homelessness, and community wellbeing.
Grantmaking
In 2025, the foundation gave 21 grants totaling $180,000. Grants ranged from $1,000 to $30,000, with a median of $5,000. The largest awards included $30,000 to Bergen Performing Arts Center, $25,000 to Habitat for Humanity of Bergen County, $20,000 each to the City of Englewood and Flat Rock Brook Nature Association, and $15,000 each to The Food Brigade and the Office of Concern Food Pantry.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists David J. Rotatori as chair and president and Dana M. Silva as secretary. Board members listed are Charles J. Boulier III, Patrick A. Charmel, Gary B. O’Connor, William M. Samuelson, David F. Scelba, Andrew K. Skipp, Michelle M. Stronz, and Kathy K. Taylor.
NVE Bank Community Foundation is led by Melon Karen, Executive Director on the 2025 filing; 1 of 18 officers listed in 2025 is compensated.
Officers on the 2025 filing
Melon Karen
Executive Director
New on the 2025 filing
20 hrs/week
$75K (2025)
Rotatori David J.
Chair & President
New on the 2025 filing
1 hr/week
No compensation reported
Boulier Iii Charles J.
Board Member
New on the 2025 filing
No compensation reported
Boyle John
Board Member
New on the 2025 filing
No compensation reported
Charmel Patrick A.
Board Member
New on the 2025 filing
No compensation reported
Fay Nancy
Cra Officer Ex-Officio
New on the 2025 filing
No compensation reported
Hollander Harlan
Board Member
New on the 2025 filing
No compensation reported
Jan Kalim
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Leonzi Raymond
Chief Financial Officer
New on the 2025 filing
1 hr/week
No compensation reported
Lota Charles
Board Member
New on the 2025 filing
No compensation reported
McAuley Eileen
Board Member
New on the 2025 filing
No compensation reported
O'Connor Gary B.
Board Member
New on the 2025 filing
No compensation reported
Samuelson William M.
Board Member
New on the 2025 filing
No compensation reported
Scelba David F.
Board Member
New on the 2025 filing
No compensation reported
Silva Dana M.
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Skipp Andrew K.
Board Member
New on the 2025 filing
No compensation reported
Stronz Michelle M.
Board Member
New on the 2025 filing
No compensation reported
Taylor Kathy K.
Board Member
New on the 2025 filing
No compensation reported
Data from IRS Form 990 filings, 2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $75K, to Melon Karen (Executive Director).
Frequently asked questions about NVE Bank Community Foundation
How much does NVE Bank Community Foundation give each year?
NVE Bank Community Foundation gave $180K across 21 grants in 2025, according to its 2025 IRS Form 990-PF.
What is NVE Bank Community Foundation's typical grant size?
NVE Bank Community Foundation's median grant in 2025 was $5,000, and its average grant was $8,571, across 21 grants on its 2025 IRS Form 990-PF.
Where does NVE Bank Community Foundation give grants?
NVE Bank Community 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 Englewood, NJ (4 grants).
Does NVE Bank Community Foundation give general operating support?
Not in 2025: none of the 21 grants with a stated purpose on NVE Bank Community Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "High School Scholarship" (10 grants).
Who are NVE Bank Community Foundation's largest grantees?
NVE Bank Community Foundation's largest 2025 grantees include Bergen Performing Arts Center Inc ($30,000), Habitat for Humanity of Bergen County Inc ($25,000) and City of Englewood ($20,000), according to its 2025 IRS Form 990-PF. It also paid 10 individual scholarships ($10,000), which are not listed by name. Together they received 42% of its itemized 2025 grant dollars.
How large is NVE Bank Community Foundation?
NVE Bank Community Foundation reported $5.5M in total assets on its 2025 IRS Form 990-PF. It paid out $256K in qualifying distributions that year, against a required minimum of $156K (roughly 5% of its investment assets).
What does NVE Bank Community Foundation fund?
The available information does not state a mission for the foundation. Its 2025 grants included support for arts, housing, environmental preservation, food assistance, autism services, and community programs. See mission & focus areas ↑
How do I apply for a grant from NVE Bank Community Foundation?
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is NVE Bank Community Foundation's EIN?
NVE Bank Community Foundation's EIN (Employer Identification Number) is 33-3441671. IRS Form 990 filing data is available on this page for 2025.
Does NVE Bank Community 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 October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
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Cite this profile
Grantable. (2026). NVE Bank Community Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/nve-bank-community-foundation-morg_73c1ed5de6a5452b85a6185297ae6b76
BibTeX
@misc{grantable_333441671_2026,
author = {{Grantable}},
title = {{NVE Bank Community Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/nve-bank-community-foundation-morg_73c1ed5de6a5452b85a6185297ae6b76},
note = {Accessed 2026-10-16. 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 NVE Bank Community 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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