The Milton Schamach Foundation Inc
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
Under IRS private-foundation payout rules, The Milton Schamach Foundation Inc reported a distributable amount of $41K for 2025 — the minimum it must pay out in qualifying distributions.
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
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
85 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Chilton Medical Center Foundation ($4,000), St Jude Children's Research Hospital ($4,000), Tunnel to Towers Foundation ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILTON MEDICAL CENTER FOUNDATION POMPTON PLAINS, NJ | GENERAL GRANT | $4,000 |
| DEBORAH HOSPITAL FOUNDATION BROWNS MILL, NJ | GENERAL GRANT | $1,500 |
| FAMILY RELEIF FUND EDISON, NJ | GENERAL GRANT FOR SIMI FAMILYGENERAL GRANT | $1,000 |
| HACKENSACK MERIDIAN HEALTH FOUNDATION EDISON, NJ | GENERAL GRANT TOWARD SANZARI CHILDRENS HOSPITAL | $1,000 |
| HACKENSACK UNIVERSITY MEDICAL CENTER FOUNDATION HACKENSACK, NJ | GENERAL GRANT FOR TAKE A WALK IN OUR GENES | $1,000 |
| HOLY NAME MEDICAL CENTER REGIONAL CANCER CENTER TEANECK, NJ | TO SUPPORT RESEARCH IN FIELD OF RADIATION ONCOLOGY | $3,000 |
| MEMORIAL SLOAN KETTERING CANCER CENTER NEW YORK, NY | GENERAL GRANT FOR CANCER RESEARCH | $3,000 |
| OPERATION SMILE VIRGINIA BEACH, VA | GENERAL GRANT | $3,000 |
| PATHFINDER VILLAGE FOUNDATION EDMESTON, NY | GENERAL GRANT | $1,000 |
| RARE IS BEAUTIFUL ELMWOOD PARK, NJ | GENERAL GRANT | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GENE SCHAMACH | SENIOR VICE PRESIDENT/TRUS | 0.1 | $2,300 |
| HOWARD SCHAMACH | PRESIDENT/TREASURER/TRUSTE | 0.1 | $2,300 |
| MICHAEL SCHAMACH | THIRD VICE PRESIDENT/TRUST | 0.1 | $2,300 |
| NANCY FREEDMAN | SECOND VICE PRESIDENT/TRUS | 0.1 | $2,300 |
| JUSTIN SCHAMACH | SECRETARY/TRUSTEE | 0.1 | $2,300 |
| MITCH FREEDMAN | TRUSTEE | 0.1 | $2,300 |
| CONSUELO SCHAMACH | TRUSTEE | 0.1 | $2,300 |
Frequently Asked Questions
How large is The Milton Schamach Foundation Inc?
As of 2025, The Milton Schamach Foundation Inc holds $687K in total assets with $55K in annual revenue. It awarded 20 grants totaling $50K in 2025.
Where does The Milton Schamach Foundation Inc operate?
The Milton Schamach Foundation Inc has awarded grants in Florida, Kansas, Maryland, New Jersey, New York, Pennsylvania, Tennessee, Texas, Virginia.
What size grants does The Milton Schamach Foundation Inc award?
In 2025, The Milton Schamach Foundation Inc awarded 20 grants totaling $50K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Milton Schamach Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Milton Schamach Foundation Inc reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Milton Schamach Foundation Inc's EIN?
The Milton Schamach Foundation Inc's EIN (Employer Identification Number) is 23-7051147. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in The Milton Schamach Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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