The Milton Schamach Foundation Inc

SADDLE BROOK, NJ EIN: 23-7051147

The Milton Schamach Foundation Inc is a private foundation, based in SADDLE BROOK, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $687K in total assets. In 2025, it awarded 20 grants totaling $50K. Net investment income was $52K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$687K

-4.5% YoY

Annual Giving

$50K

+25.0% YoY

Grant Count

20

+0.0% YoY

Avg Grant Size

$3K

+25.0% YoY

About The Milton Schamach Foundation Inc

Based on IRS filings

The Milton Schamach Foundation Inc is a private foundation, based in SADDLE BROOK, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $687K in total assets. In 2025, it awarded 20 grants totaling $50K. Net investment income was $52K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

Atlantic CityBaltimoreBoca RatonBrowns MillEdisonEdmestonElmwood ParkHackensackJacksonvilleLake JacksonMemphisMiamiNew YorkPatersonPhiladelphiaPompton PlainsRidgewoodSomers PointStaten IslandTeaneck

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$36K$71K$107K$142K202020212022202320242025
Metric202520242023
Total Assets$686,601$719,323$725,895
Revenue$55,327$64,122$36,076
Expenses$88,049$70,694$37,756
Qualifying Distributions$62,075$46,300$17,128
Net Investment Income$52,044$61,812$36,201
Distributable Amount$41,420$39,675$36,704

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$36K$53K$71K15 grants202014 grants202115 grants202216 grants202320 grants202420 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

CHILTON MEDICAL CENTER F…$4KST JUDE CHILDREN'S RESEA…$4KTUNNEL TO TOWERS FOUNDAT…$4KHOLY NAME MEDICAL CENTER…$3KMEMORIAL SLOAN KETTERING…$3KOPERATION SMILE$3KRARE IS BEAUTIFUL$3KSHORE MEMORIAL HEALTH FO…$3KSHRINERS HOSPITALS FOR C…$3KSYLVESTER COMPREHENSIVE …$3K

Grant Size Distribution

85 grants across all recorded years

85<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

GENE SCHAMACHSENIOR VICE PRESIDENT/TRUS$2KHOWARD SCHAMACHPRESIDENT/TREASURER/TRUSTE$2KMICHAEL SCHAMACHTHIRD VICE PRESIDENT/TRUST$2KNANCY FREEDMANSECOND VICE PRESIDENT/TRUS$2KJUSTIN SCHAMACHSECRETARY/TRUSTEE$2KMITCH FREEDMANTRUSTEE$2KCONSUELO SCHAMACHTRUSTEE$2K

From 2025 filing

NameTitleHoursCompensation
GENE SCHAMACHSENIOR VICE PRESIDENT/TRUS0.1$2,300
HOWARD SCHAMACHPRESIDENT/TREASURER/TRUSTE0.1$2,300
MICHAEL SCHAMACHTHIRD VICE PRESIDENT/TRUST0.1$2,300
NANCY FREEDMANSECOND VICE PRESIDENT/TRUS0.1$2,300
JUSTIN SCHAMACHSECRETARY/TRUSTEE0.1$2,300
MITCH FREEDMANTRUSTEE0.1$2,300
CONSUELO SCHAMACHTRUSTEE0.1$2,300

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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