The New Jersey State Capitol

Form 990-PFTax year 2024EIN 20-4154914

Magyarbank Charitable Foundation

A private foundation in New Brunswick, NJ. Its return for tax year 2024 lists 24 grants and $75,750 paid in grants.

Tax year 2024 (period ending Sep 30, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $75,750

    Grants listed
    24
    Assets, end of year
    $827,538
  • Tax year 2023

    $71,200

    Grants listed
    24
    Assets, end of year
    $683,755
  • Tax year 2022

    $71,381

    Grants listed
    24
    Assets, end of year
    $663,669
  • Tax year 2021

    $97,000

    Grants listed
    26
    Assets, end of year
    $874,477
  • Tax year 2020

    $77,697

    Grants listed
    20
    Assets, end of year
    $892,594
  • Tax year 2019

    $57,950

    Grants listed
    22
    Assets, end of year
    $608,756
  • Tax year 2018

    $57,500

    Grants listed
    23
    Assets, end of year
    $792,980
  • Tax year 2017

    $71,000

    Grants listed
    26
    Assets, end of year
    $844,116

Grants paid in 2024

24 grants, largest first

As listed on the return.

  1. State Theatre New JerseyNew Brunswick, NJ

    Promote arts at little or no cost

    $25,000
  2. Central Jersey Housing Resource CtrSomerville, NJ

    Counseling, foreclosure prevention

    $5,000
  3. Triple C HousingNorth Brunswick, NJ

    Fund pop up pantry at truman SQ.

    $5,000
  4. Elijahs PromiseNew Brunswick, NJ

    Promotes food as medicine

    $2,500
  5. Greater Somerset County YMCABasking Ridge, NJ

    To continue providing YMCA services

    $2,500
  6. New Brunswick Education FoundationNew Brunswick, NJ

    Support for new brunswick teachers

    $2,500
  7. Town Clock Community Develpmt CommNew Brunswick, NJ

    Funding for the case MGMT program

    $2,500
  8. Meals on Wheels Greater New BrunswiNew Brunswick, NJ

    Support for the weekend program

    $2,500
  9. American Repertory BalletNew Brunswick, NJ

    Access to dance arts for low income

    $2,500
  10. George Street PlayhouseNew Brunswick, NJ

    Support for fy 25-26 youth program

    $2,500
  11. Jewish Family Services of MiddlesexNorth Brunswick, NJ

    Fund kosher food pantries & kmow

    $2,500
  12. Little Servant SRS St JosephWoodbridge, NJ

    Purchase of wheelchair scale

    $2,500
  13. YMCA of Metuchen Edison (mewsa)Metuchen, NJ

    12 week veteran wellness program

    $2,500
  14. Soup Kitchen 411 IncScotch Plains, NJ

    General operating support

    $2,500
  15. St John the EvangelistUnknown, NJ

    General operating

    $2,500
  16. Midland SchoolNorth Branch, NJ

    High quality gym mats for occ. Ther.

    $2,250
  17. Middlesex College FoundationEdison, NJ

    Provides financial assistance

    $1,500
  18. Dewey Does Foundation IncPlainfield, NJ

    Promote a healthy lifestyle to kids

    $1,000
  19. First Tee Raritan ValleyKenilworth, NJ

    Access to golf for urban youth

    $1,000
  20. Down Syndrome Assn of Central NJEwing, NJ

    Launch "moving toward health & welln

    $1,000
  21. Home Sharing IncBridgewater, NJ

    Assist clients staying in their home

    $1,000
  22. NJ St Federation of Woman's ClubsNew Brunswick, NJ

    Sponsor girls career inst. Delegate

    $1,000
  23. Score Princeton & Score Central NJPrinceton, NJ

    General operating expense support

    $1,000
  24. SISTER2SISTERSomerset, NJ

    Fund asst. For breast cancer program

    $1,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Arts and culture2 grants $5,00029% of the total
  2. Food and agriculture2 grants $5,00029% of the total
  3. Education2 grants $4,00023% of the total
  4. Human services1 grant $2,50014% of the total
  5. Health1 grant $1,0006% of the total

By State

Grants to organizations with a US address, latest year.

  1. New Jersey24 grants $75,750

Officers, directors and trustees

7 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • John ReissnerPRESIDENT Hours 0.15Pay $0
  • Jon R AnsariVP & TREASUR Hours 0.15Pay $0
  • Robin E SuydamCORP. SECRET Hours 0.15Pay $0
  • John S FitzgeraldCLASS I BOAR Hours 0.15Pay $0
  • Deborah S AlexanderCLASS II BD Hours 0.15Pay $0
  • Thomas LankeyCLASS II BD Hours 0.15Pay $0
  • Sarah ChaplinCLASS III BD Hours 0.15Pay $0

The return

More foundations

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