The Monteforte Foundation Inc
The Monteforte Foundation Inc is a private grantmaking foundation established in 1993 and based in Garwood, New Jersey. The foundation operates as a 501(c)(3) organization classified as a private foundation under IRS regulations.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$6K
+74.2% YoY
Annual Giving
$303K
-39.2% YoY
Grant Count
5
-28.6% YoY
Avg Grant Size
$61K
-14.9% YoY
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, its grantmaking demonstrates primary focus areas in:
- Education
- Arts and Culture
- Humanities
- Social and civic causes
Grantmaking
The foundation made seven grants in its most recent fiscal year (ending August 2024). Recent documented grants include:
Grant Range
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York and New Jersey.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: Total assets: $3,419 (as of August 2024)
Annual Activity (Fiscal Year Ending August 2024):
- Total revenues: $500,005
- Total expenses: $504,751
- Total grants and contributions received: $500,000
Staffing: The foundation operates with zero employees.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,956 | $3,419 | $8,165 |
| Revenue | $312,505 | $500,005 | $522,504 |
| Expenses | $309,968 | $504,751 | $540,031 |
| Qualifying Distributions | $309,968 | $504,751 | $540,201 |
| Net Investment Income | $5 | $5 | $304 |
| Distributable Amount | $728 | $1,592 | $4,906 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
Grant Size Distribution
33 grants across all recorded years
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
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JUDITH-ANN CORRENTE | PRESIDENT | 1 | — |
| NOAH SCHANKLER | TREASURER & SECRETARY | 1 | — |
| CORRENTE SCHANKLER | TRUSTEE | 1 | — |
| TERENCE KOOYKER | TRUSTEE | 1 | — |
Contact Information
Address: PO Box 268 Garwood, NJ 07027
EIN: 22-3198329
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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