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The Summit Foundation a NJ Nonprofit Corporation

Public charity
Other · SUMMIT, NJ · EIN 22-1948007

About

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.

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
20

Financial Snapshot

FY ending 2024-12-31
Revenue
$2.5M
Expenses
$1.1M
Assets
$20.7M
Liabilities
$0

Financial history

$4.1M$2.1M$0
1718192021222324
RevenueExpenses
Latest FY2024: $2.5M · Peak FY2017: $4.1M · Avg: $2.1M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$971K
THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION
Your actions

Address

PO BOX 867
Summit, NJ, 07902-086

Governance

Voting board members20
Independent members20
Conflict-of-interest policyYes
Whistleblower policyNo
Doc-retention policyYes
Audit committeeNo
990 reviewed by boardYes

Financial detail (Schedule D)

Board-designated %22.1%
Permanent endowment %7.3%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.