Private Foundation

ERNEST SCHACHT FUND CO VALLEY NATIONAL BANK

ERNEST SCHACHT FUND CO VALLEY NATIONAL BANK is a Private Foundation headquartered in PARAMUS, NJ. Financial data from the 2025 filing: $131K revenue, $135K expenses, $1.4M total assets. IRS filings disclose 94 grants awarded by this foundation, totaling roughly $996K.

EIN: 226102192 PARAMUS, NJ Latest filing: 2025
Total Revenue$131K
Total Expenses$135K
Total Assets$1.4M
Grants Given94
Grant Total$996K
Filing Years2021–2025

Sample Grants Given

American Red Cross
Washington, DC · 2024
GENERAL OPERATING FUNDS
$12,439
Greater Passaic Clifton Community Center
Passaic, NJ · 2024
UNRESTRICTED - GENERAL
$12,439
CHILDRENS DAY NURSERY & FAMILY CTR
Passaic, NJ · 2024
GENERAL OPERATING FUNDS
$12,439
GIRL SCOUTS
RIVERDALE, NJ · 2024
GENERAL OPERATING FUNDS
$12,439
THE SALVATION ARMY RICHARD D ALLEN ASST
WEST NYACK, NY · 2024
GENERAL OPERATING FUNDS
$12,439

Showing up to 5 of 94 total records — full history available with membership.

Officers & Directors

TRUSTEE Valley National Bank Trust Co

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATING FUNDS
$618,156 60 grants
UNRESTRICTED - GENERAL
$309,078 30 grants
UNRESTRICTED GENERAL
$69,231 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $131K $135K $1.4M
2024 $153K $212K $1.4M
2023 $114K $81K $1.5M
2022 $138K $102K $1.5M
2021 $51K $92K $1.4M

Between 2021 and 2025, reported annual revenue grew from $51K to $131K (+157%), with total assets most recently reported at $1.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in DC, NJ, NY, OH, PA.

DCNJNYOHPA

Full geographic grant map with state-by-state breakdown available with membership.

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