Ramapo Trust
Ramapo Trust is a private foundation established in 1973 in New York and based in Teaneck, New Jersey. It is one of three sister foundations comprising the Brookdale Foundation Group, alongside the Brookdale Foundation and Glendale Foundation. All three were endowed by the Schwartz family—brothers Henry, Irving, Robert, Benjamin, and Arnold Schwartz—and share common leadership, offices, and a unified mission.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$62.5M
-2.4% YoY
Annual Giving
$1.8M
-69.0% YoY
Grant Count
50
+66.7% YoY
Avg Grant Size
$36K
-81.4% YoY
Mission & Focus Areas
Ramapo Trust provides giving for gerontological and geriatric research and innovative services. The foundation also supports health, higher education, and other educational initiatives, with a focus on enhancing the quality of life of older adults.
Grantmaking
Ramapo Trust operates as part of an invitation-only group with no public application process. Inquiries should be directed to the Brookdale Foundation Group office.
Grant Range
s:**
Average Grant
$36,000 (2024)
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New Jersey, New York, and Florida.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending June 2024:
- Total Assets: $62.49 million
- Total Revenue: $4.76 million
- Total Expenses: $2.93 million
- Net Income: $1.83 million
- Net Assets: $55.76 million
- Total Liabilities: $6.74 million
- Qualifying Distributions: $2.71 million
- Staff: 6 employees
Revenue Composition (2024):
- Investment income and dividends: $1.67 million
- Net gain from sale of non-inventory assets: $3.0 million
- Miscellaneous revenues: $90,444
Multi-Year Comparison:
- 2023: Total Assets $64.02 million, Revenue $1.45 million, Expenses $7.2 million
- 2022: Total Assets $67.81 million, Revenue $5.59 million, Expenses $4.34 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $62,493,006 | $64,017,321 | $67,806,961 |
| Revenue | $4,759,556 | $1,448,386 | $5,585,883 |
| Expenses | $2,932,702 | $7,200,264 | $4,337,633 |
| Qualifying Distributions | $2,710,711 | $6,494,677 | $3,450,250 |
| Net Investment Income | $4,032,253 | $1,364,782 | $4,765,338 |
| Distributable Amount | $4,142,552 | $3,660,267 | $4,121,758 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
180 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key staff contacts include:
- General inquiries: vcb@brookdalefoundation.org
- Technical Assistance: cm@brookdalefoundation.org
- RAPP Program Director: Melinda Perez Porter (mpp@brookdalefoundation.org)
- RAPP Applications: rapprfp@brookdalefoundation.org
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN L SCHWARTZ | TRUSTEE | 16 | $108,000 |
| NATAHIR LETY SCHWARTZ | TRUSTEE | 8 | — |
| ARTHUR NORMAN FIELD | TRUSTEE | 4 | — |
| KAREN SCHWARTZ HART | TRUSTEE | 4 | $45,900 |
| MARY ANN VAN CLIEF | TRUSTEE | 8 | $62,100 |
Contact Information
Address: 300 Frank W. Burr Boulevard, Suite 13, Teaneck, NJ 07666-6703
Phone: 201-836-4602
Website: www.brookdalefoundation.org
EIN: 13-6594279
Tax-Exempt Status: 501(c)(3), tax-exempt since May 1973
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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