The Erct Foundation Inc

MONTCLAIR, NJ EIN: 82-3775017

The Erct Foundation Inc. is a private foundation based in Montclair, New Jersey. Also known as the Tokat Family Foundation, it was established in 2019 and holds 501(c)(3) tax-exempt status. The foundation operates with no employees and focuses on providing education and public support programs.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$28.2M

+9.4% YoY

Annual Giving

$1.1M

+15.0% YoY

Grant Count

-87.5% YoY

Avg Grant Size

$378K

+820.3% YoY

Under IRS private-foundation payout rules, The Erct Foundation Inc reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation has not publicly provided a formal mission statement. Its primary program areas are:

Education: Supporting educational institutions and related activities
Public Support Programs: Direct support to charitable organizations

Grantmaking

The foundation only makes contributions to preselected charitable organizations and does not accept unsolicited applications.

Grant Range

$1,000 to $200,000

Average Grant

$47,000

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Geographic Focus

Where this funder awards grants

The foundation distributes funding across multiple states, with primary focus on:

New York
Pennsylvania
District of Columbia
Virginia
New Jersey

Grant Distribution by State

New York $1.3M (36%)

District of Columbia $1.2M (34%)

New Jersey $518K (15%)

Pennsylvania $176K (5%)

Washington $117K (3%)

Kentucky $107K (3%)

Virginia $100K (3%)

California $50K (1%)

+3 more states

States

Arizona California District of Columbia Kentucky Massachusetts New Jersey New York Pennsylvania Virginia Washington Wisconsin

Cities

ArdmoreBrooklineCharlottesvilleKenmoreLouisvilleMadisonMaplewoodMontclairNew BrunswickNew YorkNewarkParamusPhiladelphiaPiscatawayQueensSeattleStanfordTempeWashingtonWqashington

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2023):

Total assets: $25.7 million
Total revenues: $5.29 million
Total expenses: $1.04 million
Total liabilities: $1.75 million
Giving rate: 3.8% of assets

Asset Growth:

2019: $5.8 million
2023: $25.7 million
2024: $28.2 million (reported in one source)

Revenue Sources:

Total grants and contributions: $5 million (2023)
Investment income and dividends: $0 (2023)

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$28,152,767	$25,743,580	$19,843,186
Revenue	$2,931,982	$5,293,214	$5,252,971
Expenses	$1,276,848	$1,036,122	$675,035
Qualifying Distributions	$733,509	$985,290	$654,157
Net Investment Income	$28,262	$809,320	$252,971
Distributable Amount	$1,316,401	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

61 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Direct Donation ($400,000), International Rescue Committe ($400,000), Brookings Insitution ($333,509).

Recipient	Purpose	Amount
BROOKINGS INSITUTION WASHINGTON, DC	EDUCATION	$333,509
DIRECT DONATION MONTCLAIR, NJ	EDUCATION	$400,000
INTERNATIONAL RESCUE COMMITTE NEW YORK, NY	EDUCATION	$400,000

Leadership & Key People

Leadership team and compensation from IRS filings

Principal Officer: Anthony F. Vitiello

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ERCUMENT TOKAT	DIRECTOR	—	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What does The Erct Foundation Inc fund?

The foundation has not publicly provided a formal mission statement. Its primary program areas are: • **Education**: Supporting educational institutions and related activities • **Public Support Programs**: Direct support to charitable organizations

How do I apply for a grant from The Erct Foundation Inc?

**Grant Activity & Amounts:** • Annual giving: $985,290 (2023) • Total grants made: 24 grants in 2023 • Grant range: $1,000 to $200,000 • Median grant size: $11,000 • Average grant size: $47,000 **Recent Grantees (2023):** • Melis Eylul Dogrukol Holoprosencephaly ($115,764) • New York University ($86,286) • Turkish Philanthropy Funds ($32,000) • Brookings Institution (mentioned as a grantee) **Historical Giving:** • 2022: $654,000 across 11 grants (median $44,000) • 2020: $364,000 • Total grant…

Where does The Erct Foundation Inc make grants?

The foundation distributes funding across multiple states, with primary focus on: • New York • Pennsylvania • District of Columbia • Virginia • New Jersey

What size grants does The Erct Foundation Inc award?

In 2024, The Erct Foundation Inc awarded 3 grants totaling $1.1M — an average of about $378K per grant, based on its IRS Form 990 filings.

How much is The Erct Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Erct Foundation Inc reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.