Private foundation · EIN 22-6102192 · Paramus, New Jersey

Ernest Schacht Fund

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2025 Form 990-PF: 9 grants paid, $45K total, median $5,027. 67% of grants stayed in New Jersey.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2025
9
$45K
Median grant
$5,027
Stays in NJ
67%
of grants
Deadline
—
Assets
$1.5M

Grants paid in 2025

9 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
The Salvation Army Richard D Allen AsstWest Nyack, NYGeneral operating funds$5,027
American Red CrossWashington, DCGeneral operating funds$5,027
Greater Passaic Clifton Community CenterPassaic, NJUnrestricted - general$5,027
Childrens Day Nursery & Family CtrPassaic, NJGeneral operating funds$5,027
Girl Scouts Lenni-Lenape Council IncRiverdale, NJGeneral operating funds$5,027
Boys & Girls Club of Paterson and Passaic IncPaterson, NJUnrestricted - general$5,027
Enrichment Center for Women Children & Families IncPaterson, NJGeneral operating funds$5,027
Boy Scouts of America Northern New JerseyOakland, NJGeneral operating funds$5,027
Passaic Home & Orphan Asylum Rev Tua C/O Michael YoderPittsburgh, PAUnrestricted - general$5,027

By state: New Jersey 6 · New York 1 · District of Columbia 1 · Pennsylvania 1

About this foundation

Ernest Schacht Fund is a private grantmaking foundation in Paramus, New Jersey, administered in care of Valley Natl Bank, tax-exempt since 2004. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Ernest Schacht Fund accept grant applications?

No. On its 2025 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Ernest Schacht Fund give each year?

In tax year 2025 it paid $45K across 9 grants, a median of $5,027.

Where does Ernest Schacht Fund give?

New Jersey (6 grants), New York (1 grants), District of Columbia (1 grants) and elsewhere, per its latest filing.

More foundations near Paramus

All in New Jersey
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Robinwood Foundation Incsince 2025 Paramus, NJ $3.8M29 grants · 2025 $100KPreselected only $47M
Margot and Howard Steinbergsince 2003 Paramus, NJ $255K38 grants · 2024 $1,800Preselected only $9.2M
R & H Prashker Foundationsince 2016 Paramus, NJ $583K14 grants · 2024 $30KPreselected only $9.0M
Paramus Affordable Housing Corporationsince 1994 Paramus, NJ — —Preselected only $5.9M
Zucker Foundationsince 2008 Paramus, NJ $500K1 grants · 2025 $500KPreselected only $2.8M
The Movado Group Foundationsince 2014 Paramus, NJ $985K18 grants · 2025 $25KPreselected only $1.9M
The Cordover Family Foundationsince 1990 Paramus, NJ $374K13 grants · 2025 $15KPreselected only $1.3M
Lipkin Family Foundationsince 1995 Paramus, NJ $41K14 grants · 2025 $1,050Preselected only $1.2M
Email me matching grants