The Sandler O'Neill Assistance Foundation

Foundation · Grantmaker Cedar Knolls, NJ EIN: 06-1631340

The Sandler O'Neill Assistance Foundation is a private foundation focused on Education, based in Cedar Knolls, NJ. IRS filing data is available from 2020 through 2025. In 2025, it awarded 5 grants totaling $3.9M. Net investment income was $104K.

Key facts about The Sandler O'Neill Assistance Foundation

In short: The Sandler O'Neill Assistance Foundation gave $3.9M across 5 grants in 2025 (avg $787K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
06-1631340
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$3,935,921
Grants made (2025)
5
Average grant
$787,184
Median grant
$100,000
Primary geography
New York (96% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$3.9M

+153.4% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$787K

+52.0% YoY

Under IRS private-foundation payout rules, The Sandler O'Neill Assistance Foundation reported a distributable amount of $123K for 2025 — the minimum it must pay out in qualifying distributions.

How The Sandler O'Neill Assistance Foundation gives

  • Giving grew 800% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with The Sandler O'Neill Assistance Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 5 itemized 2025 grant dollars.

Cities

RidgewoodSummitChappaquaGlen RidgeTuckahoeLarchmontNew YorkWest WindsorElmsfordRockville CenterSpring LakeBasking RidgeFlandersRockville CentreRowaytonSanta BarbaraVirginia Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M20 grants202014 grants20217 grants20223 grants20233 grants20245 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

The New York Community Trust: $1.9MThe New York Community Trust$1.9MMetropolitan Golf Association Foundation: $1.8MMetropolitan Golf AssociationFoundation$1.8MEleventh Hour Rescue: $100KEleventh Hour Rescue$100KDirect Relief: $50KDirect Relief$50KThe Teak Fellowship: $50KThe Teak Fellowship$50K

Grant Size Distribution

32 grants across all recorded years

9<$50K16$50–100K3$100–250K$250–500K1$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The New York Community Trust New York, NYSCHOLARSHIP PROGRAM$1,898,107
METROPOLITAN GOLF ASSOCIATION FOUNDATION Elmsford, NYSCHOLARSHIP PROGRAM$1,837,814
ELEVENTH HOUR RESCUE Flanders, NJGENERAL PURPOSES$100,000
DIRECT RELIEF Santa Barbara, CAGENERAL PURPOSES$50,000
THE TEAK FELLOWSHIP New York, NYGENERAL PURPOSES$50,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M202020212022202320242025
Metric202520242023
Total Assets—$3,851,785$5,364,174
Revenue$110,114$203,715$246,797
Expenses$3,948,259$1,716,103$156,742
Qualifying Distributions$3,942,836$1,633,264$154,616
Net Investment Income$104,397$126,243$244,671
Distributable Amount$122,638$203,401$259,534

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 22, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Sandler O'Neill Assistance Foundation is led by Andrew J. Armstrong Jr., President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Andrew J. Armstrong Jr.

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Charles H. Witmer

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Timothy P. Neher

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 The Sandler O'Neill Assistance Foundation

How much does The Sandler O'Neill Assistance Foundation give each year?

The Sandler O'Neill Assistance Foundation gave $3.9M across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.6M across 3 grants.

What is The Sandler O'Neill Assistance Foundation's typical grant size?

The Sandler O'Neill Assistance Foundation's median grant in 2025 was $100,000, and its average grant was $787,184, across 5 grants on its 2025 IRS Form 990-PF.

Where does The Sandler O'Neill Assistance Foundation give grants?

The Sandler O'Neill Assistance Foundation gives mostly in New York: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (2 grants).

Does The Sandler O'Neill Assistance Foundation give general operating support?

Yes: 60% of The Sandler O'Neill Assistance Foundation's 2025 grants with a stated purpose (3 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Sandler O'Neill Assistance Foundation's largest grantees?

The Sandler O'Neill Assistance Foundation's largest 2025 grantees include The New York Community Trust ($1,898,107), Metropolitan Golf Association Foundation ($1,837,814) and Eleventh Hour Rescue ($100,000), according to its 2025 IRS Form 990-PF. Together they received 97% of its itemized 2025 grant dollars.

What is The Sandler O'Neill Assistance Foundation?

The Sandler O'Neill Assistance Foundation is a private foundation focused on Education, based in Cedar Knolls, NJ. It holds — in total assets as of 2025.

How much is The Sandler O'Neill Assistance Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Sandler O'Neill Assistance Foundation reported a distributable amount of $123K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Sandler O'Neill Assistance Foundation's EIN?

The Sandler O'Neill Assistance Foundation's EIN (Employer Identification Number) is 06-1631340. IRS Form 990 filing data is available on this page for 2020–2025.

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

Your AI grants department

Here's the math on researching The Sandler O'Neill Assistance Foundation by hand.

Explore Open Grants

Browse active grant opportunities in The Sandler O'Neill Assistance Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

First Eagle Investments Foundation

Wilmington, DE

First Eagle Investments Foundation funds charitable organizations in education, financial literacy, community service, and health, with most 2024 grant dollars going to New York and others going to Massachusetts, Illinois, California, and Connecticut. Its 2024 grants ranged from $25 to $85,000, with a median of $400. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

—

Grants

389

Total Given

$1.2M

Freedom Together Foundation

New York, NY

The foundation funds work to strengthen multiracial democracy and build community and worker power, racial and gender justice, movement infrastructure, reproductive health, medical research, and community institutions. In 2024, its grants ranged from $5,000 to $14 million, with a median of $500,000; its largest shares went to organizations in Washington, DC, New York, California, Massachusetts, and Illinois. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$3.4B

Grants

595

Total Given

$470.0M

Singing Wood Foundation Inc

Redmond, WA

Assets

—

Grants

1

Total Given

$241K

Jerome M Cohen Foundation

New York, NY

The Jerome M Cohen Foundation funds a range of charitable work, including theater, mental health, civil rights, education, medicine, social services, and conservation. Its 2025 grants ranged from $1,000 to $50,000, with a median of $20,000, and most funding went to New York, followed by Arizona, New Jersey, and Connecticut. It gives only to preselected organizations and does not accept unsolicited requests.

Assets

$3.8M

Grants

15

Total Given

$301K

Robert & Bethany Millard Charitable

Albany, NY

The foundation’s 2024 grants supported work in international affairs, science, tropical plant conservation, and classical art education. It gave 22 grants totaling about $1.34 million, with a median grant of $25,000, primarily to organizations in New York and also in Washington, DC, Massachusetts, Hawaii, and Florida. It does not accept unsolicited requests and gives only to preselected organizations.

Assets

$7.6M

Grants

22

Total Given

$1.3M

The James and Judith K Dimon Foundation

New York, NY

The James and Judith K Dimon Foundation supports organizations in education, health care, environmental protection, wildlife conservation, arts, and services for people with vision loss, with 2024 grants concentrated in New York, Pennsylvania, and Rhode Island. Its 49 grants ranged from $1,000 to $1,456,393, with a median of $25,000. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$216.4M

Grants

49

Total Given

$9.9M

The Leviton Foundation Inc - New York

Melville, NY

The Leviton Foundation funds religious, medical, and educational purposes, with recent grants also supporting community services, fire safety, and health research. In 2025, grants ranged from $500 to $150,000, with a median of $5,000; the largest shares went to organizations in Georgia, California, Massachusetts, North Carolina, and New York. It gives only to preselected charitable organizations and does not accept unsolicited requests.

Assets

$1.6M

Grants

49

Total Given

$531K

Maude Pritchard Char Trust XXXXX2009

Chicago, IL

This trust funds community development, health care, education, conservation, and social services, primarily in Suffolk and Nassau Counties on Long Island, New York. Recent grants ranged from $25,000 to $100,000, with a median of $50,000. It provides an online application process and does not limit grants to preselected organizations.

Philanthropy, Voluntarism & Grantmaking

Assets

$14.5M

Grants

16

Total Given

$944K

Andrew Sabin Family Foundation

East Hampton, NY

The Andrew Sabin Family Foundation supports environmental protection, healthcare research—especially cancer research—and community-focused work, with grants spanning local and international initiatives. Its 2024 grants had a median of $5,000, though amounts ranged widely; all reported grant dollars went to New York recipients. The profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$9.7M

Grants

167

Total Given

$6.8M

Verizon Foundation

Basking Ridge, NJ

The Verizon Foundation funds digital inclusion, climate protection, human prosperity, K–12 literacy and STEM, and domestic violence education and prevention, with an emphasis on underserved and diverse communities. It gives nationally, with priority in California, Massachusetts, Minnesota, New Jersey, New York, and Virginia, and also supports work in India and Israel; 2024 grants ranged from $25 to $1 million, with a $500 median. It does not accept unsolicited requests; applications are by invitation only.

Assets

$23.8M

Grants

5,464

Total Given

$7.0M

The Robert Wood Johnson Foundation

Princeton, NJ

The Robert Wood Johnson Foundation funds work to improve health and health equity in the United States, including health policy, community health, prevention, and social justice. In 2024, its grants ranged from $125 to $12.15 million, with a median of $40,000, and went to recipients across multiple states. The profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$13.4B

Grants

3,093

Total Given

$622.6M

Community Foundation of New Jersey

Morristown, NJ

The Community Foundation of New Jersey supports nonprofits and projects across arts, education, environment, health and human services, and social welfare. Its 2024 itemized grants had a median of about $19,800, though awards varied widely; funding went to organizations in multiple states, with 32% of itemized grant dollars going to New Jersey. It accepts applications for specific opportunities, and its FAQ encourages eligible New Jersey 501(c)(3) nonprofits to apply; requirements vary by opportunity.

Assets

$1.0B

Grants

1,321

Total Given

$93.8M

More Funders in New Jersey

The Sandler O'Neill Assistance Foundation down — hundreds of funders to go?

Want AI to do this for you?