Overview
What is The Summit Foundation?
The Summit Foundation, established in Summit, New Jersey, is a nonprofit organization dedicated to fostering philanthropy and addressing the public charitable, educational, or benevolent needs of its local community. This philanthropic entity employs a rigorous application review process to grant funds to deserving organizations, distributing a substantial sum of $705,155 to 37 agencies and $45,016 to 28 donor-advised funds. Furthermore, The Summit Foundation awards scholarships to 44 students, contributing $156,488 to their educational pursuits. As a tax-exempt community foundation, its mission involves utilizing competitive grants and donor wishes to cater to the needs of its service area.
Official website here: www.summitforever.org
Is The Summit Foundation legitimate?
The Summit Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Summit Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.summitforever.org
What is the mission statement of The Summit Foundation?
The Summit Foundation, a tax-exempt community foundation, promotes philanthropy in its region. Its mission involves fostering charitable, educational, and benevolent needs through competitive grants and the wishes of its donors. The foundation employs a rigorous application review process to grant funds, distributing over $700,000 to various agencies in the past. Additionally, it provides support to donor-advised funds, awarding funds to 28 organizations. Furthermore, The Summit Foundation awards scholarships to deserving students, providing financial assistance to 44 recipients. Lastly, it facilitates donor-advised distributions to support various funds, demonstrating its commitment to serving its community.
Official website here: www.summitforever.org
Who is the CEO of The Summit Foundation?
What is the revenue of The Summit Foundation?
The Summit Foundation's revenue in 2022 was $1,086,760.
Official website here: www.summitforever.org
Who are the executives of The Summit Foundation and what are their salaries?
- Julie Keenan (President) [Trustee/Director]
- Sandy Bloom (Vice President) [Trustee/Director]
- Frank Macioce (Secretary) [Trustee/Director]
- Martha Sayre (Treasurer) [Trustee/Director]
- Irene Murdock (Assistant Treasurer) [Trustee/Director]
- Celia Colbert (Trustee)
- Jim Fleischmann (Trustee)
- Jack Cooper (Trustee)
- Julie Adams (Trustee)
- Patricia Fontan (Trustee)
- Drew Maldonado (Trustee)
- Dana Turk (Trustee)
- Leah Griffith (Trustee)
- Jonathan Betz (Trustee)
- Mark Yeager (Trustee)
- Katherine Kalin (Trustee)
- Amy Disibio (Trustee)
- Eric Legoff (Trustee)
- Chuck Gelber (Trustee)
- Kate Darcy (Trustee)
- Regina Daly (Trustee)
Official website here: www.summitforever.org
Where can I find the form 990 for The Summit Foundation?
The The Summit Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.summitforever.org
Learn more at the official website: www.summitforever.org
Mission Statement of The Summit Foundation
The Summit Foundation, a tax-exempt community organization, serves as a catalyst for philanthropy in its region. Its mission is to address the public charitable, educational, or benevolent needs of the community. The foundation accomplishes this by employing a rigorous application review process to grant funds to deserving agencies. Through competitive grants and the wishes of its donors, The Summit Foundation plays a pivotal role in meeting the needs of the community. Additionally, the foundation awards scholarships to deserving students, furthering its commitment to education and community development. By utilizing a combination of competitive grants, donor-advised funds, and scholarships, The Summit Foundation demonstrates its dedication to fostering philanthropy and uplifting the community.
Impact
This information is meant to be a general summary of The Summit Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Summit Foundation has a significant impact in fostering philanthropy and serving the public charitable, educational, and benevolent needs of the Summit, New Jersey region. In the most recent reporting period, the foundation granted $705,155 to 37 agencies through a rigorous application review process, distributed $45,016 to 28 agencies through donor-advised funds, awarded $93,323 in scholarships to 44 student recipients, and provided $156,488 in donor-advised distributions to 6 funds. This demonstrates the foundation's commitment to supporting the local community through various channels of giving and making a tangible difference in the lives of those it serves.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1972
Phone
(646) 369-5516
Principal Officer
Dana Turk
Main Address
PO BOX 867, SUMMIT, NJ, 079020867
Website
www.summitforever.org
NTEE Category
Code: T31 - Philanthropy
If you are a representative of The Summit Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.