Summit Educational Foundation
TO MAINTAIN AND ENHANCE THE HIGH QUALITY OF A SUMMIT, NEW JERSEY PUBLIC SCHOOL EDUCATION THROUGH COMMUNITY FUNDING OF INNOVATIVE AND ESSENTIAL EDUCATIONAL GRANTS, A CLOSE WORKING RELATIONSHIP WITH THE SCHOOL DISTRICT, AND CAREFUL REVIEW, EVALUATION AND FINANCIAL OVERSIGHT OF SUPPORTED INITIATIVES.
Key facts about Summit Educational Foundation
- EIN
- 22-2871770
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $437,503
- Grants made (2025)
- 1
- Average grant
- $437,503
- Median grant
- $437,503
- Total assets
- $7,268,741
- Primary geography
- New Jersey (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated April 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$7.3M
+4.0% YoY
Annual Giving
$438K
-31.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$438K
-31.3% YoY
About Summit Educational Foundation
Based on IRS filings
Summit Educational Foundation is a nonprofit organization, based in SUMMIT, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $7.3M in total assets. In 2025, it awarded 1 grants totaling $438K. Net investment income was $315K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $7,268,741 | $6,988,462 | $6,545,923 |
| Revenue | $661,861 | $549,362 | $689,080 |
| Expenses | $506,499 | $708,184 | $656,474 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $314,554 | $136,255 | $282,454 |
| 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 1 recipients in 2025
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Summit Board of Education ($437,503).
| Recipient | Purpose | Amount |
|---|---|---|
| SUMMIT BOARD OF EDUCATION SUMMIT, NJ | EDUCATION | $437,503 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MELISSA MADDEN | CO-PRESIDENT | 10 | — |
| HEATHER THOMAS | CO-PRESIDENT | 10 | — |
| AMANDA DARNOWSKI | SECRETARY | 10 | — |
| RACHEL CALLAHAN | TREASURER | 5 | — |
| LESLEY ARLEIN | TRUSTEE | 1 | — |
| NICOLE ABBOTT | TRUSTEE | 1 | — |
| MATTHEW CARDER | TRUSTEE | 1 | — |
| LAURA LAMEO | TRUSTEE | 1 | — |
| SUSAN DANIEL | TRUSTEE | 1 | — |
| CHELLE DONNELLY | TRUSTEE | 1 | — |
| JODI ENGLERT | TRUSTEE | 1 | — |
| TIME ERDAY | TRUSTEE | 1 | — |
| PAUL LAMEO | TRUSTEE | 1 | — |
| LAURA MADDEN | TRUSTEE | 1 | — |
| JOHN MELL | TRUSTEE | 1 | — |
| LAUREN POST | TRUSTEE | 1 | — |
| TEAL RODRIGUEZ | TRUSTEE | 1 | — |
| THERESA MARTIN | TRUSTEE | 1 | — |
| JUDY SHUE | TRUSTEE | 1 | — |
| KELLY STANTON | TRUSTEE | 1 | — |
| NICOLE TARTAGLIA | TRUSTEE | 1 | — |
| LORI TULLOCH | TRUSTEE | 1 | — |
| SAMANTHA WHITE | TRUSTEE | 1 | — |
Frequently Asked Questions
How large is Summit Educational Foundation?
As of 2025, Summit Educational Foundation holds $7.3M in total assets with $662K in annual revenue. It awarded 1 grants totaling $438K in 2025.
Where does Summit Educational Foundation operate?
Summit Educational Foundation has awarded grants in New Jersey.
What size grants does Summit Educational Foundation award?
In 2025, Summit Educational Foundation awarded 1 grants totaling $438K — an average of about $438K per grant, based on its IRS Form 990 filings.
What is Summit Educational Foundation's EIN?
Summit Educational Foundation's EIN (Employer Identification Number) is 22-2871770. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Summit Educational Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.