Mission
THE SUMMIT FOUNDATION IS A TAX-EXEMPT COMMUNITY FOUNDATION THAT FOSTERS PHILANTHROPY IN THE GREATER SUMMIT NJ AREA. THE FOUNDATION USES COMPETITIVE GRANTS AND THE WISHES OF DONORS TO MEET THE NEEDS OF THE COMMUNITY.
Public Charity
THE SUMMIT FOUNDATION
THE SUMMIT FOUNDATION, of SUMMIT, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.5M in revenue, $1.1M in expenses, $20.7M in total assets. 31 publicly reported grants to this organization, totaling roughly $974K, appear in IRS filings.
EIN: 221948007
SUMMIT, NJ
Latest filing: 2024
Total Revenue$2.5M
Total Expenses$1.1M
Total Assets$20.7M
Grant Records31
Funding Total$974K
Filing Years2020–2024
Sample Grants Received
For grant recipient's exempt purposes
$317,680
RELIGION
$105,351
$39,800
COMMUNITY FOUNDATIONS OR CHARITABLE TRUSTS
$18,150
CHARITABLE DONATION
$12,000
Showing up to 5 of 31 total records — full history available with membership.
Officers & Directors
TRUSTEE
Amy Disibio
TRUSTEE
Celia Colbert
TRUSTEE
Charles Gelber
TRUSTEE
Christine Gottesman
TRUSTEE
Christopher Gerard
PRESIDENT
Dana Turk
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.5M | $1.1M | $20.7M |
| 2023 | $1.6M | $1.5M | $19.4M |
| 2022 | $1.1M | $1.1M | $17.8M |
| 2021 | $1.5M | $1.2M | $21.0M |
| 2020 | $758K | $1.3M | $18.6M |
Between 2020 and 2024, reported annual revenue grew from $758K to $2.5M (+236%), with total assets most recently reported at $20.7M.
Interactive year-over-year charts and full filing details available with membership.