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Foundations / New Jersey

New Jersey Bankers Charitable Foundation Inc

Accepts applications Cranford, New Jersey · EIN 342025283

New Jersey Bankers Charitable Foundation Inc is a private foundation in Cranford, New Jersey. In tax year 2024 it gave $32,500 in 2 grants; the typical grant was $16,250 and the largest $25,000. It accepts applications; its filing gives the instructions below.

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

Giving in 2024 was down from $47,689 the year before.

100% 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$47,6893$427,224
2024$32,5002$395,721

How to apply

ContactMichael P Affuso Esq
411 North Avenue East, Cranford, NJ 07016-2436
Phone or email(908) 272-8500
DeadlinesDecember 31, 2024

As written in the foundation's IRS filing for tax year 2024. Details may have changed since.

Foundation website IRS filings on ProPublica

What New Jersey Bankers Charitable Foundation Inc funds

Where it gives

All of its grants went to recipients in New Jersey.

StateGrantsAmount
New Jersey2$32,500

Grants paid in 2024

All 2 grants
RecipientPurposeAmount
NJ Submarine Commission Organization
Colts Neck, NJ
Awards - veterans$25,000
Center for Entrepenuership - Masters for Veterans
Lawrenceville, NJ
Awards - veterans$7,500

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does New Jersey Bankers Charitable Foundation Inc accept grant applications?

Yes. Its latest IRS filing says it accepts applications, with this on deadlines: December 31, 2024.

How much does New Jersey Bankers Charitable Foundation Inc give?

$32,500 in tax year 2024, across 2 grants, with a typical grant of $16,250.

Who runs New Jersey Bankers Charitable Foundation Inc?

Its 2024 filing lists MICHAEL P AFFUSO Esq (Chair), John Mangini (Ex-Officio Trustee), Matthew Cooney (Trustee) and Christopher Maher (Trustee - Term. 06/18/2024) among 15 officers and trustees.

What does New Jersey Bankers Charitable Foundation Inc fund?

Based on its grants, mainly veterans.

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