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Filing year 2024

THE MILTON SCHAMACH FOUNDATION INC

Saddle Brook, New Jersey·EIN 23-7051147·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$55k
Total assets
$687k
Total expenses
$88k
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey.

Trustee
Board Member
Below 10th percentile
$2k
$2k
Secretary/trustee
Board Secretary
25th percentile to median
$2k
$2k
Second Vice President/trus
Board President
10th to 25th percentile
$2k
$2k
President/treasurer/truste
Board President
10th to 25th percentile
$2k
$2k
Third Vice President/trust
Board President
10th to 25th percentile
$2k
$2k
Trustee
Board Member
Below 10th percentile
$2k
$2k
Senior Vice President/trus
Board President
10th to 25th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE MILTON SCHAMACH FOUNDATION INC equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$50k

Itemized grants

20

Median grant

$3k

RecipientLocationPurposeAmount
CHILTON MEDICAL CENTER FOUNDATIONPOMPTON PLAINS, NJGENERAL GRANT$4k
ST JUDE CHILDREN'S RESEARCH HOSPITALMEMPHIS, TNGENERAL GRANT$4k
TUNNEL TO TOWERS FOUNDATIONSTATEN ISLAND, NYGENERAL GRANT$4k
HOLY NAME MEDICAL CENTER REGIONAL CANCER CENTERTEANECK, NJTO SUPPORT RESEARCH IN FIELD OF RADIATION ONCOLOGY$3k
MEMORIAL SLOAN KETTERING CANCER CENTERNEW YORK, NYGENERAL GRANT FOR CANCER RESEARCH$3k
OPERATION SMILEVIRGINIA BEACH, VAGENERAL GRANT$3k
RARE IS BEAUTIFULELMWOOD PARK, NJGENERAL GRANT$3k
SHORE MEMORIAL HEALTH FOUNDATIONSOMERS POINT, NJGENERAL GRANT$3k
SHRINERS HOSPITALS FOR CHILDRENPHILADELPHIA, PAWORK BEING DONE IN ORTHOTICS & PROSTETICS DEPARTMENT$3k
SYLVESTER COMPREHENSIVE CANCER CENTERMIAMI, FLGENERAL GRANT FOR RESEARCH BEING DONE BY DR. TRENT WANG$3k
WOUNDED WARRIORJACKSONVILLE, FLGENERAL GRANT$3k
ATLANTIC CARE MEDICAL CENTERATLANTIC CITY, NJGENERAL GRANT$3k
TEXAS HINDU CAMPSITE INCLAKE JACKSON, TXGENERAL GRANT$3k
WILMER OPHTHALMOLOGICAL INSTITUTEBALTIMORE, MDFOR RESEARCH BEING DONE BY DR CAMPOCHIARO MD$2k
DEBORAH HOSPITAL FOUNDATIONBROWNS MILL, NJGENERAL GRANT$2k
FAMILY RELEIF FUNDEDISON, NJGENERAL GRANT FOR SIMI FAMILYGENERAL GRANT$1k
HACKENSACK MERIDIAN HEALTH FOUNDATIONEDISON, NJGENERAL GRANT TOWARD SANZARI CHILDRENS HOSPITAL$1k
HACKENSACK UNIVERSITY MEDICAL CENTER FOUNDATIONHACKENSACK, NJGENERAL GRANT FOR TAKE A WALK IN OUR GENES$1k
PATHFINDER VILLAGE FOUNDATIONEDMESTON, NYGENERAL GRANT$1k
ST JOSEPH'S WAYNE HOSPITAL FOUNDATIONPATERSON, NJGENERAL GRANT$500
Compare this foundation's grantees
Pay for the position

Board Member pay rose 92% from 2023 to 2024, while revenue fell 14%.

$1k in 2023 to $2k in 2024.
  • Board Secretary pay rose 820% from 2022 to 2024.
  • Board President pay rose 820% from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE MILTON SCHAMACH FOUNDATION INC

What does the Board Member of THE MILTON SCHAMACH FOUNDATION INC earn?

In 2024, the Board Member of THE MILTON SCHAMACH FOUNDATION INC received $2,300 in total compensation. This pay is in the bottom 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in New Jersey: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Member pay at THE MILTON SCHAMACH FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, the 2024 pay of the Board Member at THE MILTON SCHAMACH FOUNDATION INC falls in the bottom 10%. In 2024, the highest total compensation at THE MILTON SCHAMACH FOUNDATION INC equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE MILTON SCHAMACH FOUNDATION INC's revenue and expenses?

In 2024, THE MILTON SCHAMACH FOUNDATION INC reported $55k in total revenue and $88k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.