William P Hannah & Family Trust Co Valley

Private foundation · Grantmaker Paramus, NJ EIN: 56-6604066

William P Hannah & Family Trust Co Valley is a private foundation, based in Paramus, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $188K in total assets. In 2025, it awarded 1 grant totaling $14K. Net investment income was $5K.

William P Hannah & Family Trust Co Valley at a glance

In short: William P Hannah & Family Trust Co Valley gave $14K across 1 grant in 2025 (avg $14K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$13,573
+13.0% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$13,573
+13.0% vs 2024
Median grant
$13,573
Total assets
$188,169
-6.2% vs 2024
Primary geography
New Jersey (100% 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 William P Hannah & Family Trust Co Valley funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Passaic County Community College Fdn: $14KPassaic County CommunityCollege Fdn$14K

The largest 2025 recipient was Passaic County Community College Fdn ($14K).

Grant Size Distribution

5 grants across all recorded years

5<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Paterson

How William P Hannah & Family Trust Co Valley gives

  • Giving grew 84% from 2022 to 2025. Method
  • In 2025 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

$0$5K$10K$15K$20K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $7K (2022) to $16K (2021). In 2025 it made 1 grant totaling $14K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Passaic County Community College Fdn Paterson, NJScholarship Awarded by$13,573
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$188,169$7,612$19,885$13,5731$14,990$4,588$15,860
2024$200,649$24,426$16,248$12,0091$13,396$21,809$14,960
2023$192,295$6,588$16,374$12,2831$13,639$3,467$13,365
2022$202,242$6,108$13,062$7,3731$8,466$3,314$13,376
2021—$28,634$24,821$16,0001$17,496$24,971$15,204
2020$206,850$42,548$18,971$15,0001—$39,892$13,716

Under IRS private-foundation payout rules, William P Hannah & Family Trust Co Valley reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

William P Hannah & Family Trust Co Valley's only listed officer is Valley National Bank, Trustee on every filing since 2020 (compensated).

Officers on the 2025 filing

  • Valley National Bank

    Trustee

    On filings since 2020

    2 hrs/week

    $3K (2020) → $3K (2025)

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.

Compensation Overview

From 2025 IRS filing

Valley National Bank — Trustee: $3KValley National BankTrustee$3K

The highest reported compensation on the 2025 filing was $3K, to Valley National Bank (Trustee).

Frequently asked questions about William P Hannah & Family Trust Co Valley

How much does William P Hannah & Family Trust Co Valley give each year?

William P Hannah & Family Trust Co Valley gave $14K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12K across 1 grant.

How large is William P Hannah & Family Trust Co Valley?

William P Hannah & Family Trust Co Valley reported $188K in total assets on its 2025 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does William P Hannah & Family Trust Co Valley operate?

William P Hannah & Family Trust Co Valley has awarded grants in New Jersey.

What is William P Hannah & Family Trust Co Valley's EIN?

William P Hannah & Family Trust Co Valley's EIN (Employer Identification Number) is 56-6604066. 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.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS June 30, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from William P Hannah & Family Trust Co Valley's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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