Nonprofit · EIN 22-1948007
THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION
Tax-exempt · SUMMIT, NJ 07902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,566,870 | $1,924,342 | $642,528 | $23,214,043 | $0 | $23,214,043 |
| December 31, 2024 | 990 | $2,547,550 | $1,110,797 | $1,436,753 | $20,717,541 | $0 | $20,717,541 |
| December 31, 2023 | 990 | $1,555,253 | $1,499,902 | $55,351 | $19,435,836 | $0 | $19,435,836 |
| December 31, 2021 | 990 | $1,487,909 | $1,163,480 | $324,429 | $21,049,660 | $0 | $21,049,660 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,493,450
- Program service revenue
- $0
- Investment income
- $1,073,420
- Net gain from sales of assets
- $568,321
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,776,287
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $21,319
- Program services (functional)
- $1,776,287
- Management and general (functional)
- $131,319
- Fundraising (functional)
- $16,736
Balance sheet and other
- Total assets, start of year
- $20,717,541
- Total assets, end of year
- $23,214,043
- Total liabilities, end of year
- $0
- Net assets, end of year
- $23,214,043
- Publicly traded securities
- $22,369,949
- Net assets without donor restrictions
- $12,888,853
- Net assets with donor restrictions
- $10,325,190
- Gross receipts
- $5,781,868
- Employees
- 0
- Volunteers
- 20
- Year formed
- 1972
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANA TURK | PRESIDENT Trustee or director, Officer | 7 | $0 |
| JAMES FLEISCHMANN | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| DENNIS WHITE | SECRETARY Trustee or director, Officer | 2 | $0 |
| IRENE MURDOCK | TREASURER Trustee or director, Officer | 5 | $0 |
| ROBERT JEFFRIES | ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 |
| JACK COOPER | PRESIDENT EMERITUS Trustee or director, Officer | 1 | $0 |
| CELIA COLBERT | TRUSTEE Trustee or director | 1 | $0 |
| MARTHA SAYRE | TRUSTEE Trustee or director | 1 | $0 |
| PAUL FORMICHELLI | TRUSTEE Trustee or director | 1 | $0 |
| KELLI MONTGOMERY | TRUSTEE Trustee or director | 1 | $0 |
| PATRICIA FONTAN | TRUSTEE Trustee or director | 1 | $0 |
| LEAH GRIFFITH | TRUSTEE Trustee or director | 1 | $0 |
| MARK YEAGER | TRUSTEE Trustee or director | 1 | $0 |
| MARY CUMMINS | TRUSTEE Trustee or director | 1 | $0 |
| CHRISTOPHER GERARD | TRUSTEE Trustee or director | 1 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINE GOTTESMAN | TRUSTEE Trustee or director | 1 | $0 |
| DONNA MILLER | TRUSTEE Trustee or director | 1 | $0 |
| AMY DISIBIO | TRUSTEE Trustee or director | 1 | $0 |
| CHARLES GELBER | TRUSTEE Trustee or director | 1 | $0 |
| KATHERINE KALIN | FORMER TRUSTEE Trustee or director | 1 | $0 |
| REGINA DALY | TRUSTEE Trustee or director | 1 | $0 |
| SARA REEDER | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANA TURK | PRESIDENT Trustee or director, Officer | 7 | $0 |
| JAMES FLEISCHMANN | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| REGINA DALY | SECRETARY Trustee or director, Officer | 2 | $0 |
| MARTHA SAYRE | TREASURER Trustee or director, Officer | 5 | $0 |
| IRENE MURDOCK | ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 |
| JACK COOPER | PRESIDENT EMERITUS Trustee or director, Officer | 1 | $0 |
| CELIA COLBERT | TRUSTEE Trustee or director | 1 | $0 |
| MARY CUMMINS | TRUSTEE Trustee or director | 1 | $0 |
| AMY DISIBIO | TRUSTEE Trustee or director | 1 | $0 |
| PATRICIA FONTAN | TRUSTEE Trustee or director | 1 | $0 |
| PAUL FORMICHELLI | TRUSTEE Trustee or director | 1 | $0 |
| CHARLES GELBER | TRUSTEE Trustee or director | 1 | $0 |
| CHRISTOPHER GERARD | TRUSTEE Trustee or director | 1 | $0 |
| CHRISTINE GOTTESMAN | TRUSTEE Trustee or director | 1 | $0 |
| LEAH GRIFFITH | TRUSTEE Trustee or director | 1 | $0 |
| ROB JEFFRIES | TRUSTEE Trustee or director | 1 | $0 |
| KATHERINE KALIN | TRUSTEE Trustee or director | 1 | $0 |
| KELLI MONTGOMERY | TRUSTEE Trustee or director | 1 | $0 |
| SARA REEDER | TRUSTEE Trustee or director | 1 | $0 |
| DENNIS WHITE | TRUSTEE Trustee or director | 1 | $0 |
| MARK YEAGER | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANA TURK | PRESIDENT Trustee or director, Officer | 5 | $0 |
| JIM FLEISCHMANN | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| REGINA DALY | SECRETARY Trustee or director, Officer | 5 | $0 |
| MARTHA SAYRE | TREASURER Trustee or director, Officer | 10 | $0 |
| IRENE MURDOCK | ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 |
| JACK COOPER | PRESIDENT EMERITUS Trustee or director, Officer | 1 | $0 |
| JULIE ADAMS | TRUSTEE Trustee or director | 1 | $0 |
| JONATHAN BETZ | TRUSTEE Trustee or director | 1 | $0 |
| CHRISTOPHER BONNER | TRUSTEE Trustee or director | 1 | $0 |
| CELIA COLBERT | TRUSTEE Trustee or director | 1 | $0 |
| AMY EVERETT DISIBIO | TRUSTEE Trustee or director | 1 | $0 |
| PATRICIA FONTAN | TRUSTEE Trustee or director | 1 | $0 |
| PAUL FORMICHELLI | TRUSTEE Trustee or director | 1 | $0 |
| CHARLES GELBER | TRUSTEE Trustee or director | 1 | $0 |
| LEAH GRIFFITH | TRUSTEE Trustee or director | 1 | $0 |
| KATHERINE KALIN | TRUSTEE Trustee or director | 1 | $0 |
| DREW MALDONADO | TRUSTEE Trustee or director | 1 | $0 |
| KELLI MONTGOMERY | TRUSTEE Trustee or director | 1 | $0 |
| DENNIS WHITE | TRUSTEE Trustee or director | 1 | $0 |
| MARK YEAGER | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2021: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JULIE KEENAN | PRESIDENT Trustee or director, Officer | 5 | $0 |
| DAVID DIETZE | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| FRANK MACIOCE | SECRETARY Trustee or director, Officer | 5 | $0 |
| LEAH GRIFFITH | TREASURER Trustee or director, Officer | 10 | $0 |
| MARTHA SAYRE | ASSISTANT TREASURER Trustee or director | 1 | $0 |
| JULIE ADAMS | TRUSTEE Trustee or director | 1 | $0 |
| JONATHAN BETZ | TRUSTEE Trustee or director | 1 | $0 |
| SANDY BLOOM | TRUSTEE Trustee or director | 1 | $0 |
| LYLE BREHM | TRUSTEE Trustee or director | 1 | $0 |
| CELIA COLBERT | TRUSTEE Trustee or director | 1 | $0 |
| JOHN COOPER | TRUSTEE Trustee or director | 1 | $0 |
| AMY EVERETT DISIBIO | TRUSTEE Trustee or director | 1 | $0 |
| JAMES FLEISCHMANN | TRUSTEE Trustee or director | 1 | $0 |
| PATRICIA FONTAN | TRUSTEE Trustee or director | 1 | $0 |
| CHARLES GELBER | TRUSTEE Trustee or director | 1 | $0 |
| CARY HARDY | TRUSTEE Trustee or director | 1 | $0 |
| KATHERINE KALIN | TRUSTEE Trustee or director | 1 | $0 |
| ERIC LEGOFF | TRUSTEE Trustee or director | 1 | $0 |
| DREW MALDONADO | TRUSTEE Trustee or director | 1 | $0 |
| DANA TURK | TRUSTEE Trustee or director | 1 | $0 |
| MARK YEAGER | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 867, SUMMIT, NJ 07902-0867
- Principal officer (990 for 2025)
- CELIA COLBERT, PO BOX 867, SUMMIT, NJ 079020867
- Signed the 990
- CELIA COLBERT, PRESIDENT
- Phone
- (908) 399-6131
- Website
- WWW.SUMMITFOREVER.ORG
- Return prepared by
- JAMES M WOOD CPA
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.
Program accomplishments
- $685,151 GRANTED TO AGENCIES PURSUANT TO A RIGOROUS APPLICATION REVIEW PROCESS.$531,136 AWARDED TO 40 AGENCIES FROM DONOR ADVISED FUNDS. $179,914 AWARDED IN SCHOLARSHIPS TO 63 STUDENT RECIPIENTS. $380,086 DONOR ADVISED DISTRIBUTIONS TO 7 FUNDS.Expenses $1,776,287 · grants $1,776,287
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-1948007
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1976
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $23,214,043
- Income (IRS master file)
- $5,781,868
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,566,870 | $1,924,342 | $23,214,043 | XML |
| 990 | December 2024 | $2,547,550 | $1,110,797 | $20,717,541 | XML |
| 990 | December 2023 | $1,555,253 | $1,499,902 | $19,435,836 | XML |
| 990 | December 2022 | $1,086,760 | $1,129,740 | $17,845,068 | IRS |
| 990 | December 2021 | $1,487,909 | $1,163,480 | $21,049,660 | XML |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-1948007).
Questions about THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION
- What is the EIN of THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION?
- The employer identification number (EIN) of THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION is 22-1948007.
- Is THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION?
- The 990 for the year ended December 31, 2025 names CELIA COLBERT.
- Who are the officers and directors of THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 22 people; 0 received compensation from the organization.
- How much revenue does THE SUMMIT FOUNDATION A NJ NONPROFIT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,566,870, expenses of $1,924,342 and total assets of $23,214,043 at year end.
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