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Foundations / New Jersey

Jersey Mortgage Company Foundation Inc

Preselected recipients only Neshanic Station, New Jersey · EIN 651162958

Jersey Mortgage Company Foundation Inc is a private foundation in Neshanic Station, New Jersey. In tax year 2024 it gave $45,642 in 2 grants; the typical grant was $22,821 and the largest $45,142. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was up from $3,100 the year before.

50% 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 yearGrants paidNumber of grantsAssets
2023$3,1006$41,070
2024$45,6422$0

How to apply

Jersey Mortgage Company Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.

IRS filings on ProPublica

What Jersey Mortgage Company Foundation Inc funds

Where it gives

All of its grants went to recipients in New Jersey.

StateGrantsAmount
New Jersey2$45,642

Grants paid in 2024

All 2 grants
RecipientPurposeAmount
Basilone Memorial Foundation
Raritan, NJ
General fundsgeneral funds$45,142
Police Unity Tour
East Hanover, NJ
General funds$500

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does Jersey Mortgage Company Foundation Inc accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does Jersey Mortgage Company Foundation Inc give?

$45,642 in tax year 2024, across 2 grants, with a typical grant of $22,821.

Who runs Jersey Mortgage Company Foundation Inc?

Its 2024 filing lists Eugene van Note (Director/President), Peter Kenny (Director/Vice President) and Dolores Sullivan (Director/Secretary).

What does Jersey Mortgage Company Foundation Inc fund?

Based on its grants, mainly community development.

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