The Summit Foundation
The Summit Foundation is a tax-exempt community foundation that fosters philanthropy in the greater summit nj area. The foundation uses competitive grants and the wishes of donors to meet the needs of the community.
The Summit Foundation at a glance
In short: The Summit Foundation gave $1.1M across 36 grants in 2025 (avg $32K), mostly in New Jersey. 33% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,144,526
- +56.6% vs 2024
- Grants made (2025)
- 36
- +9.1% vs 2024
- Average grant
- $31,792
- +43.6% vs 2024
- Median grant
- $13,845
- Total assets
- $23,214,043
- +12.1% vs 2024
- New grantees (estimate)
- 33% first-time grantees (12 of 36, 2025)
- Primary geography
- New Jersey (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated November 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Summit Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was City of Summit & City of Summit Summit High School ($526K). Together the top 10 received $839K.
Grant Size Distribution
171 grants across all recorded years
The most common grant size was under $50K: 157 grants of 171 (92%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 36 itemized grants.
States
Cities
Is The Summit Foundation open to new grantees?
33%
first-time grantees, 2025
In 2025, 12 of 36 grantees (33%) were first-time recipients. First grants averaged $56K; repeat grants $20K. How we count
Medians: $12K first-time, $15K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $607K (2021) to $1.1M (2025). In 2025 it made 36 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| City of Summit & City of Summit Summit High School Summit, NJ | Various Projects | $526,015 |
| Sage Eldercare Summit, NJ | Various Projects | $50,000 |
| Summit Speech School New Providence, NJ | Various Projects | $50,000 |
| Bridges Outreach Inc Summit, NJ | Various Projects | $36,300 |
| Summit Area YMCA Summit, NJ | Various Projects | $31,821 |
| The Connection for Women and Families Summit, NJ | Various Projects | $31,000 |
| Center for Hope Hospice Scotch Plains, NJ | Various Projects | $30,000 |
| Childrens Specialized Hospital Foundation Mountainside, NJ | Various Projects | $30,000 |
| Grace (Giving & Receiving Assistance for Our Community's Essentials Inc) Summit, NJ | Various Projects | $27,000 |
| Family Promise Union County Summit, NJ | Various Projects | $26,800 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $23,214,043 | $2,566,870 | $1,924,342 | $1,144,526 | 36 | $1,073,420 |
| 2024 | $20,717,541 | $2,547,550 | $1,110,797 | $730,805 | 33 | $2,167,883 |
| 2023 | $19,435,836 | $1,555,253 | $1,499,902 | $853,898 | 37 | $821,109 |
| 2022 | $17,845,068 | $1,086,760 | $1,129,740 | $699,358 | 29 | $523,730 |
| 2021 | $21,049,660 | $1,487,909 | $1,163,480 | $607,230 | 36 | $814,831 |
| 2020 | $18,575,010 | $758,069 | $1,318,827 | $993,473 | 36 | $377,037 |
About The Summit Foundation
Based on IRS filings
The Summit Foundation is a public charity, based in Summit, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $23.2M in total assets. In 2025, it awarded 36 grants totaling $1.1M. Net investment income was $1.1M.
Leadership & Key People
Officers and directors from IRS filings
The Summit Foundation is led by Dana Turk, President since 2023 (on filings since 2020); none of the 22 officers listed in 2025 report compensation.
Officers on the 2025 filing
Dana Turk
President
Trustee → President, 2023
On filings since 2020
7 hrs/week
No compensation reported
Amy Everett Disibio
Trustee
On filings since 2020
1 hr/week
No compensation reported
Celia Colbert
Trustee
On filings since 2020
1 hr/week
No compensation reported
Charles Gelber
Trustee
On filings since 2020
1 hr/week
No compensation reported
Leah Griffith
Trustee
Treasurer → Trustee, 2022
On filings since 2020
1 hr/week
No compensation reported
Martha Sayre
Trustee
Assistant Treasurer → Treasurer, 2022
Treasurer → Trustee, 2025
On filings since 2020
1 hr/week
No compensation reported
Patricia Fontan
Trustee
On filings since 2020
1 hr/week
No compensation reported
Mark Yeager
Trustee
On filings since 2021
1 hr/week
No compensation reported
Regina Daly
Trustee
Trustee → Secretary, 2023
Secretary → Trustee, 2025
On filings since 2022
1 hr/week
No compensation reported
Kelli Montgomery
Trustee
On filings since 2023
1 hr/week
No compensation reported
Paul Formichelli
Trustee
On filings since 2023
1 hr/week
No compensation reported
Christine Gottesman
Trustee
On filings since 2024
1 hr/week
No compensation reported
Christopher Gerard
Trustee
On filings since 2024
1 hr/week
No compensation reported
Mary Cummins
Trustee
On filings since 2024
1 hr/week
No compensation reported
Sara Reeder
Trustee
On filings since 2024
1 hr/week
No compensation reported
Donna Miller
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
James Fleischmann
Vice President
Trustee → Vice President, 2024
On filings since 2020
2 hrs/week
No compensation reported
Katherine Kalin
Former Trustee
Trustee → Former Trustee, 2025
On filings since 2020
1 hr/week
No compensation reported
Irene Murdock
Treasurer
Assistant Treasurer → Treasurer, 2025
On filings since 2022
5 hrs/week
No compensation reported
Jack Cooper
President Emeritus
Trustee → President Emeritus, 2023
On filings since 2022
1 hr/week
No compensation reported
Dennis White
Secretary
Trustee → Secretary, 2025
On filings since 2023
2 hrs/week
No compensation reported
Robert Jeffries
Assistant Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (18)
- Former: Rob Jeffries (2024) — Trustee
- Former: Drew Maldonado (2020–2023) — Trustee
- Former: Julie Adams (2020–2023) — Trustee
- Former: Jonathan Betz (2021–2023) — Trustee
- Former: Jim Fleischmann (2022–2023) — Vice President
- Former: Christopher Bonner (2023) — Trustee
- Former: Eric Legoff (2020–2022) — Trustee
- Former: Frank Macioce (2020–2022) — Secretary
- Former: Julie Keenan (2020–2022) — President
- Former: Sandy Bloom (2020–2022) — Vice President
- Former: Chuck Gelber (2022) — Trustee
- Former: Kate Darcy (2022) — Trustee
- Former: Cary Hardy (2020–2021) — Trustee
- Former: David Dietze (2020–2021) — Vice President
- Former: John Cooper (2020–2021) — Trustee
- Former: Lyle Brehm (2020–2021) — Trustee
- Former: Ann Oliva (2020) — Trustee
- Former: Sandra Lizza (2020) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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 Summit Foundation
How much does The Summit Foundation give each year?
The Summit Foundation gave $1.1M across 36 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $731K across 33 grants.
What is The Summit Foundation's typical grant size?
The Summit Foundation's median grant in 2025 was $13,845, and its average grant was $31,792, across 36 grants on its 2025 IRS Form 990. Organizations receiving their first grant from The Summit Foundation that year got $56K on average.
Where does The Summit Foundation give grants?
The Summit Foundation gives mostly in New Jersey: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Summit, NJ (17 grants) and Elizabeth, NJ (2 grants).
Does The Summit Foundation give general operating support?
Not in 2025: none of the 36 grants with a stated purpose on The Summit Foundation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Various Projects" (36 grants).
Who are The Summit Foundation's largest grantees?
The Summit Foundation's largest 2025 grantees include City of Summit & City of Summit Summit High School ($526,015), Sage Eldercare ($50,000) and Summit Speech School ($50,000), according to its 2025 IRS Form 990. Together they received 55% of its itemized 2025 grant dollars.
How large is The Summit Foundation?
The Summit Foundation reported $23.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.6M.
What is The Summit Foundation's EIN?
The Summit Foundation's EIN (Employer Identification Number) is 22-1948007. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated November 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS September 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 12, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS September 24, 2026)
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