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The Summit Foundation

The Summit Foundation

Summit, NJ 07902
Tax ID22-1948007

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
Donations to organizations are distributed as soon as the donation is approved and the funds are available. In the rare event that Daffy is unable to fulfill the donation request to this charity, you will be notified and given the opportunity to choose another charity. This may occur if the charity is unresponsive or if the charity is no longer in good standing with regulatory authorities.

About this organization

Revenue

$1,951,931

Expenses

$1,021,989

Mission

We are a 501(c)(3) community foundation that fosters philanthropy in the Summit NJ area by identifying local needs and offering donors flexible ways to make a difference in the lives of their neighbors.

About

618,643 granted to 33 nonprofit organizations pursuant to a rigorous application review process. 169,820 to 20 nonprofits to donor advised funds. These include 62,845 for building and renovation of Summit Community Center. 16,500 to 5 artists for spa. 50,310 awarded in scholarships to 34 student recipients. 64,424 donor advised distributions to 5 funds.

Interesting data from their 2019 990 filing

The non-profit's aim, as stated in the filing, is “Summit area public 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.”.

When referring to its actions, they were outlined as: “The summit area public foundation (the foundation) is a nonprofit corporation located in summit, new jersey. its purpose is to foster philanthropy and serve the public charitable, educational or benevolent needs of the region.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as NJ.
  • The non-profit's address in 2019 is noted in the filing as PO BOX 867, SUMMIT, NJ, 079020867.
  • The non-profit's form for 2019 reports a total of 0 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $929,942.
  • The organization has 20 independent voting members.
  • The organization was formed in 1972.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $7,466 in fundraising expenses.