Well Told Grants

Foundations / New Jersey

The Monteforte Foundation Inc

Preselected recipients only Garwood, New Jersey · EIN 223198329

The Monteforte Foundation Inc is a private foundation in Garwood, New Jersey. In tax year 2024 it gave $302,500 in 5 grants; the typical grant was $50,000 and the largest $150,000. 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 down from $497,500 the year before.

0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2022$532,7507$8,165
2023$497,5007$3,419
2024$302,5005$5,956

How to apply

The Monteforte 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 The Monteforte Foundation Inc funds

Where it gives

Its grants went to recipients in 2 states, the most to New York.

StateGrantsAmount
New York4$250,000
New Jersey1$52,500

Grants paid in 2024

All 5 grants
RecipientPurposeAmount
The Metropolitan Opera
New York, NY
Art, Social, Civic$150,000
The Lawrenceville School
Lawrenceville, NJ
Education$52,500
Riverdale Country School
Bronx, NY
Education$50,000
Village Community School
New York, NY
Education$25,000
Stephen Gaynor School
New York, NY
Education$25,000

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does The Monteforte Foundation Inc accept grant applications?

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

How much does The Monteforte Foundation Inc give?

$302,500 in tax year 2024, across 5 grants, with a typical grant of $50,000.

Who runs The Monteforte Foundation Inc?

Its 2024 filing lists Judith-Ann Corrente (President), Noah Schankler (Treasurer & Secretary), Corrente Schankler (Trustee) and Terence Kooyker (Trustee).

What does The Monteforte Foundation Inc fund?

Based on its grants, mainly education.

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