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Filing year 2023

THE MONTEFORTE FOUNDATION INC

Garwood, New Jersey·EIN 22-3198329·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$500k
Total assets
$3k
Total expenses
$505k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2023. THE MONTEFORTE FOUNDATION INC reported 4 unpaid officers and board members on its 990-PF.

President
Treasurer & Secretary
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$498k

Itemized grants

7

Median grant

$50k

RecipientLocationPurposeAmount
The Metropolitan OperaNew York, NYArt, Social, Civic$250k
Far Hills Country Day SchoolFar Hills, NJEducation$70k
The Lawrenceville SchoolLawrenceville, NJEducation$53k
Riverdale Country SchoolBronx, NYEducation$50k
Village Community SchoolNew York, NYEducation$25k
JCC ManhattanNew York, NYEducation$25k
Stephen Gaynor SchoolNew York, NYEducation$25k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE MONTEFORTE FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$523k
$540k
2022
$500k
$505k
2023
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

THE MONTEFORTE FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about THE MONTEFORTE FOUNDATION INC

What are THE MONTEFORTE FOUNDATION INC's revenue and expenses?

In 2023, THE MONTEFORTE FOUNDATION INC reported $500k in total revenue and $505k 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.