William P Hannah & Family Trust Co Valley

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 2024. As of 2024, the organization holds $201K in total assets. In 2024, it awarded 1 grants totaling $12K. Net investment income was $22K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$201K

+4.3% YoY

Annual Giving

$12K

-2.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$12K

-2.2% YoY

Under IRS private-foundation payout rules, William P Hannah & Family Trust Co Valley reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.

About William P Hannah & Family Trust Co Valley

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $63K (100%)

States

New Jersey

Cities

Paterson

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$200,649	$192,295	$202,242
Revenue	$24,426	$6,588	$6,108
Expenses	$16,248	$16,374	$13,062
Qualifying Distributions	$13,396	$13,639	$8,466
Net Investment Income	$21,809	$3,467	$3,314
Distributable Amount	$14,960	$13,365	$13,376

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Passaic County Community College Fdn ($12,009).

Recipient	Purpose	Amount
PASSAIC COUNTY COMMUNITY COLLEGE FDN PATERSON, NJ	SCHOLARSHIP AWARDED BY	$12,009

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
VALLEY NATIONAL BANK	TRUSTEE	2	$2,746

Frequently Asked Questions

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

As of 2024, William P Hannah & Family Trust Co Valley holds $201K in total assets with $24K in annual revenue. It awarded 1 grants totaling $12K in 2024.

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

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

What size grants does William P Hannah & Family Trust Co Valley award?

In 2024, William P Hannah & Family Trust Co Valley awarded 1 grants totaling $12K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is William P Hannah & Family Trust Co Valley required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William P Hannah & Family Trust Co Valley reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.