Summit Park Line Foundation Inc
To support the conversion and maintenance of an abandoned railway in summit, nj into a safe and scenic linear public community park and pedestrian and bicycle thoroughfare. Furthermore, to lease the abandoned railway land that will form the park from the New Jersey department of transportation for a nominal fee of $1.00 on the condition that it be used solely as a park.
Summit Park Line Foundation Inc at a glance
In short: Summit Park Line Foundation Inc gave $64K across 1 grant in 2025 (avg $64K), mostly in New Jersey. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $63,613
- +3579.2% vs 2024
- Grants made (2025)
- 1
- Average grant
- $63,613
- Median grant
- $63,613
- Total assets
- $290,770
- -15.1% vs 2024
- Primary geography
- New Jersey (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Summit Park Line Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was City of Summit ($64K).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $50–100K range: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $2K (2024) to $781K (2023). In 2025 it made 1 grant totaling $64K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| City of Summit Summit, NJ | Pay for Engineering Study & Landsc. | $63,613 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $290,770 | $27,027 | $78,895 | $63,613 | 1 | $28 |
| 2024 | $342,638 | $53,800 | $16,313 | $1,729 | Total only | $5,272 |
| 2023 | $305,379 | $19,792 | $796,099 | $780,663 | 1 | $6,107 |
| 2022 | $1,081,458 | $234,587 | $12,012 | — | — | $89 |
| 2021 | $858,883 | $128,057 | $23,465 | — | — | $657 |
| 2020 | $754,291 | $331,776 | $1,913 | — | — | $1,988 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Summit Park Line Foundation Inc
Based on IRS filings
Summit Park Line Foundation Inc is a public charity focused on Recreation & Sports, based in Summit, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $291K in total assets. In 2025, it awarded 1 grant totaling $64K. Net investment income was $28.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Summit Park Line Foundation Inc is led by Robert J. Rubino MD, President on every filing since 2020; none of the 12 officers listed in 2025 report compensation.
Officers on the 2025 filing
Robert J. Rubino MD
President
On filings since 2020
5 hrs/week
No compensation reported
Albert Lord III
Trustee
On filings since 2020
1 hr/week
No compensation reported
Elissa Cordrey
Trustee
On filings since 2020
1 hr/week
No compensation reported
Jeffrey Hankinson
Trustee
On filings since 2020
1 hr/week
No compensation reported
Kate Giovambatista
Trustee
On filings since 2020
1 hr/week
No compensation reported
Lee Kellogg-Sadrian
Trustee
On filings since 2020
1 hr/week
No compensation reported
Mark Yeager
Trustee
On filings since 2020
1 hr/week
No compensation reported
Susan Rubino
Trustee
On filings since 2020
1 hr/week
No compensation reported
Debra Karrat
Secretary
On filings since 2020
2 hrs/week
No compensation reported
Frank Macioce
Vice President
On filings since 2020
2 hrs/week
No compensation reported
James J. Brinkerhoff
Vice President
On filings since 2020
3 hrs/week
No compensation reported
Keith Langworthy
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Former officers (1)
- Former: Michael McTernan (2020–2023) — Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Summit Park Line Foundation Inc
How much does Summit Park Line Foundation Inc give each year?
Summit Park Line Foundation Inc gave $64K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it reported $2K in grants paid.
How large is Summit Park Line Foundation Inc?
Summit Park Line Foundation Inc reported $291K in total assets on its 2025 IRS Form 990. Its revenue that year was $27K.
What is Summit Park Line Foundation Inc?
Summit Park Line Foundation Inc is a public charity focused on Recreation & Sports, based in Summit, NJ. It holds $291K in total assets as of 2025.
Where does Summit Park Line Foundation Inc operate?
Summit Park Line Foundation Inc has awarded grants in New Jersey.
What is Summit Park Line Foundation Inc's EIN?
Summit Park Line Foundation Inc's EIN (Employer Identification Number) is 47-3753496. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS August 9, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS June 20, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 20, 2026)
Live grants for the work Summit Park Line Foundation Inc funds
Recreation & Sports Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Summit Park Line Foundation Inc's focus areas in our free grants database
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