Investors Foundation Inc
Accepts applications
Investors Foundation Inc is a private foundation in Summit, New Jersey. In tax year 2024 it gave $985,500 in 135 grants; the typical grant was $2,500 and the largest $60,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$985,500
- Number of grants135
- Typical grant$2,500
- Largest grant$60,000
- Assets$32.7 million
- New grantees46%
Giving in 2024 was down from $1.3 million the year before.
46% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $2.1 million | 492 | $20.9 million |
| 2023 | $1.3 million | 240 | $26.9 million |
| 2024 | $985,500 | 135 | $32.7 million |
How to apply
| Contact | Priti Mehta 387 Springfield Ave Unit 3, Summit, NJ 07901 |
|---|---|
| Phone or email | (973) 379-5850, info@investorsfoundation.org |
| What to submit | All grant requests are submitted online via website. |
| Deadlines | Grant applications must be submitted by february 1, may 1, august 1 and november 1 for consideration |
| Restrictions | Eligibility requirements include organizations that provide services primarily to communities across the former investors bank footprint; are in compliance with IRS regulations as a 501(c)(3) and either a 509(a)(1) or 509(a)(2) charitable organization. Promote programs supporting arts,educations, health and human services, youth and affordable housing.investors foundation does not award grants to 509(a)(3) organizations. |
Foundation website IRS filings on ProPublica
What Investors Foundation Inc funds
Where it gives
Its grants went to recipients in 5 states, the most to New Jersey.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 89 | $611,000 |
| New York | 43 | $360,750 |
| Massachusetts | 1 | $10,000 |
| California | 1 | $2,000 |
| Texas | 1 | $1,750 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Zoological Society of New Jersey | General and project support | $60,000 |
| Bonei Olam | General and project support | $50,000 |
| Community Soup Kitchen & Outreach Center | General and project support | $50,000 |
| Saint Peter's University | General and project support | $30,000 |
| Richmond University Medical Center | General and project support | $30,000 |
| New City Kids | General and project support | $30,000 |
| Ichud Mosdos Hachinuch of Brooklyn | General and project support | $30,000 |
| The Greek School of Plato | General and project support | $30,000 |
| Count Basie Theatre Inc | General and project support | $25,000 |
| Greater Trenton | General and project support | $25,000 |
| St Vincent Academy | General and project support | $20,000 |
| Capital Health Foundation | General and project support | $20,000 |
| Hellenic Classical Charter School | General and project support | $20,000 |
| New Jersey Symphony Orchestra | General and project support | $20,000 |
| Rutgers University Foundation | General and project support | $20,000 |
| Sacred Hearts & Ststephen Roman Catholic | General and project support | $20,000 |
| Saint Benedict's Preparatory School | General and project support | $20,000 |
| Holy Cross Greek Orthodox Church | General and project support | $20,000 |
| Bais Tova Inc | General and project support | $18,000 |
| Nia Community Services Network | General and project support | $18,000 |
| All Stars Project Inc | General and project support | $15,000 |
| Guardians of the Sick | General and project support | $15,000 |
| Paper Mill Playhouse | General and project support | $15,000 |
| Paper Mill Playhouse | General and project support | $12,500 |
| Tri-County Scholarship Fund | General and project support | $12,500 |
| Brooklyn Navy Yard | General and project support | $12,500 |
| Bais Tova Inc | General and project support | $12,000 |
| Njac Foundation | General and project support | $10,500 |
| Gordon College | General and project support | $10,000 |
| Overlook Foundation | General and project support | $10,000 |
| New Jersey Chamber of Commerce Foundation | General and project support | $10,000 |
| Ase Global Bridges | General and project support | $10,000 |
| Catholic Charities Diocese of Trenton | General and project support | $10,000 |
| Chatham Emergency Squad Inc | General and project support | $10,000 |
| Emmaus Center Inc | General and project support | $10,000 |
| Community Soup Kitchen & Outreach Center | General and project support | $10,000 |
| Lifetown Inc | General and project support | $10,000 |
| Township of Montgomery | General and project support | $10,000 |
| Immaculate Conception High School | General and project support | $10,000 |
| Camp Hasc | General and project support | $9,000 |
Officers and trustees
- Robert M Cashill
- Kevin Cummings
- Vincent D Manahan III
- William A Tansey III
- Domenick Cama
- Michelle Hecht
- Rodger K Herrigel
- Reza Aghamirzadeh
Questions people ask
Does Investors Foundation Inc accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: Grant applications must be submitted by february 1, may 1, august 1 and november 1 for consideration.
How much does Investors Foundation Inc give?
$985,500 in tax year 2024, across 135 grants, with a typical grant of $2,500.
Who runs Investors Foundation Inc?
Its 2024 filing lists Robert M Cashill (Director/President), Kevin Cummings (Dir./Vp & Treasurer), Vincent D Manahan III (Director) and William A Tansey III (Director) among 8 officers and trustees.
What does Investors Foundation Inc fund?
Based on its grants, mainly education, arts and culture and faith communities.