Valley National Bancorp Educational Foundation Inc
Valley National Bancorp Educational Foundation Inc is a private foundation, based in Morristown, NJ. IRS filing data is available for 2025. In 2025, it awarded 8 grants totaling $106K. Net investment income was $31.
Valley National Bancorp Educational Foundation Inc at a glance
In short: Valley National Bancorp Educational Foundation Inc gave $106K across 8 grants in 2025 (avg $13K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $106,010
- Grants made (2025)
- 8
- Average grant
- $13,251
- Median grant
- $10,000
- Primary geography
- New Jersey (81% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Valley National Bancorp Educational Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Morris Educational Foundation ($25K). Together the top 8 received $106K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 8 grants of 8 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
States
Cities
How Valley National Bancorp Educational Foundation Inc gives
- 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 8 grants totaling $106K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Morris Educational Foundation Morristown, NJ | To Support the Organizations Mission of Education | $25,000 |
| Lead Charter School Newark, NJ | To Support the Organizations Mission of Education | $20,000 |
| Ramapo College Foundation Mahwah, NJ | To Support the Organizations Mission of Education | $11,010 |
| Foundation at NJIT Newark, NJ | To Support the Organizations Mission of Education | $10,000 |
| Care Elementary School Miami, FL | To Support the Organizations Mission of Education | $10,000 |
| Paterson Charter School for Science and Technology Elmwood Park, NJ | To Support the Organizations Mission of Education | $10,000 |
| Hillsborough Educational Foundation Tampa, FL | To Support the Organizations Mission of Education | $10,000 |
| Passaic Board of Education Passaic, NJ | To Support the Organizations Mission of Education | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $31 | $106,010 | $106,010 | 8 | $106,010 | $31 | $4,819 |
Under IRS private-foundation payout rules, Valley National Bancorp Educational Foundation Inc reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Valley National Bancorp Educational Foundation Inc is led by Yvonne Surowiec, President on the 2025 filing; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Yvonne Surowiec
President
New on the 2025 filing
0.5 hrs/week
No compensation reported
Ira Robbins
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Bernadette Mueller
Vice President
New on the 2025 filing
0.5 hrs/week
No compensation reported
Mitchell Crandell
Treasurer
New on the 2025 filing
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 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 Valley National Bancorp Educational Foundation Inc
How much does Valley National Bancorp Educational Foundation Inc give each year?
Valley National Bancorp Educational Foundation Inc gave $106K across 8 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Valley National Bancorp Educational Foundation Inc's typical grant size?
Valley National Bancorp Educational Foundation Inc's median grant in 2025 was $10,000, and its average grant was $13,251, across 8 grants on its 2025 IRS Form 990-PF.
Where does Valley National Bancorp Educational Foundation Inc give grants?
Valley National Bancorp Educational Foundation Inc gives mostly in New Jersey: 81% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Florida (19%). The most frequent recipient cities were Newark, NJ (2 grants).
Does Valley National Bancorp Educational Foundation Inc give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Valley National Bancorp Educational Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support the Organizations Mission of Education" (8 grants).
Who are Valley National Bancorp Educational Foundation Inc's largest grantees?
Valley National Bancorp Educational Foundation Inc's largest 2025 grantees include Morris Educational Foundation ($25,000), Lead Charter School ($20,000) and Ramapo College Foundation ($11,010), according to its 2025 IRS Form 990-PF. Together they received 53% of its itemized 2025 grant dollars.
How much is Valley National Bancorp Educational Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Valley National Bancorp Educational Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Valley National Bancorp Educational Foundation Inc's EIN?
Valley National Bancorp Educational Foundation Inc's EIN (Employer Identification Number) is 22-3705689. IRS Form 990 filing data is available on this page for 2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
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