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New Jersey · Private foundation

Magyarbank Charitable Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$76k
Granted FY2025(still arriving)
24
Grants FY2025
24
Organizations funded FY2024
29%
First-time grantees FY2024
Read the full brief
Median grant, FY2025
$2,500
Largest grant, FY2025
$25,000
Organizations funded a year
20 to 26
FY2018 to FY2024
States reached, FY2025
1
Total assets, FY2025
$828k
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2024, 29% of the organizations Magyarbank Charitable Foundation funded were first-time grantees, receiving 25% of its grant dollars.

New vs renewed · share of each year

In FY2024, 75% of grant dollars renewed an existing relationship; $18k went to new ones.

50%100%’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23’24
Human ServicesHealthArts & CultureEducationHousing & ShelterCrime & LegalOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving24$76k42%
FY202424$71k29%
FY202323$71k39%
FY202226$97k31%
FY202120$78k55%
FY202021$58k62%
FY201923$58k78%
FY201825$71k68%
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Arts & Culture$128kHealth$116kHousing & Shelter$115kEducation$77kHuman Services$67kFood & Nutrition$57kYouth Development$41kEmployment$13kOther$0

Top grantees

Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.

Show all 59 grantees
All grantees of Magyarbank Charitable Foundation by total granted
GranteeTotal grantedYearsShare of their budget
The State Theatre Regional Arts Center at New Brunswick Inc$101,00060%
Central Jersey Housing Resource Center$35,00071%
Triple C Housing Inc$30,00060%
New Brunswick Education Foundation Inc$15,00063%
Jewish Community Center of Middlesex County Inc$14,70040%
Elijahs Promise Inc$14,50060%
Town Clock Community Development Corporation$13,10051%
Brain Injury Alliance of New Jersey Inc$12,50040%
Raritan Valley Habitat for Humanity Inc$12,50050%
St Peter's Foundation$10,00020%
Meals on Wheels in Greater New Brunswick$10,00041%
Women Aware Inc$8,50040%
Somerset County Young Men's Christian Association Inc$7,50030%
Franklin Township Food Bank$7,50020%
Homesharing Inc$7,50041%
The Center for Great Expectations Inc$7,50030%
Midland School Inc$7,22840%
The Arc of Somerset County Inc$6,00020%
The Institute for Children With Cancer and Blood Disorders Inc$5,00020%
YMCA of Metuchen$5,00020%
Center for Educational Advancement$5,00020%
Moms Helping Moms Foundation Inc$5,00020%
Feeding Middlesex County$5,00011%
Damon House Inc$5,00020%
Alternatives Inc$5,00020%
Raritan Valley Young Mens Christian Association a Nj Non Profit Corporation$4,50020%
Middlesex College Foundation Inc$4,50030%
Simuel Whitfield Simmons Organization Inc$4,000210%
Sister2sister$3,50021%
Princeton Ballet Society$3,50020%
Archangel Raphaels Mission Inc$3,5002n/a
Crossroads4hope$3,50020%
American Hungarian Foundation$3,00013%
The Rwj University Hospital Foundation Inc$2,50010%
New Jersey Center for Tourette Syndrome and Associated Disorders$2,50010%
Daytop Village of New Jersey Inc$2,50010%
The Alfa Art Center a Nj Nonprofit Corporation$2,50012%
Soup Kitchen 411 Inc$2,50011%
Community Hope Inc$2,50010%
Hub City Jazz Festival Inc$2,50012%
Visions and Pathways a Nj Nonprofit Corporation$2,50010%
Lower Raritan Watershed Partnership Corp$2,50012%
10 Hairy Legs$2,50021%
Eversight$2,50010%
George Street Playhouseinc$2,50010%
Who is My Neighbor Inc$2,50014%
Court Appointed Special Advocates of New Jersey Inc$2,50010%
Hugs for Brady Foundation$2,50011%
Childhood Leukemia Foundation Inc$2,45010%
Patriots' Path Council Inc Boy Scouts of America$2,00010%
Somerville Elks Charitable Trust Inc$1,50011%
Middlesex County Recreational Council Kiddie Keep Well Camp$1,50010%
Spectrum for Living Development Inc$1,50010%
Dress for Success Central New Jersey$1,50010%
Hitops Inc$1,00010%
Literacy New Jersey Inc$1,00010%
Hark-Als Inc$1,00010%
Somerset Health Care Foundation Inc$50010%
Upper Rung Center$5001n/a

What it could do for these grantees

Plus 56 recipients with no EIN on record ($195k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Magyarbank Charitable Foundation supplied at peak.

25%50%75%100%$100k$1.0M$10Mgrantee revenue →↑ funder's share of their budgetThe State Theatre Regional Arts Center at New Brunswick Inc: $101,000 over 6y, 0.2% of budgetCentral Jersey Housing Resource Center: $35,000 over 7y, 0.9% of budgetTriple C Housing Inc: $30,000 over 6y, 0.1% of budgetNew Brunswick Education Foundation Inc: $15,000 over 6y, 2.8% of budgetJewish Community Center of Middlesex County Inc: $14,700 over 4y, 0.3% of budgetElijahs Promise Inc: $14,500 over 6y, 0.1% of budgetTown Clock Community Development Corporation: $13,100 over 5y, 1.0% of budgetBrain Injury Alliance of New Jersey Inc: $12,500 over 4y, 0.1% of budgetRaritan Valley Habitat for Humanity Inc: $12,500 over 5y, 0.3% of budgetSt Peter's Foundation: $10,000 over 2y, 0.3% of budgetMeals on Wheels in Greater New Brunswick: $10,000 over 4y, 1.3% of budgetWomen Aware Inc: $8,500 over 4y, 0.2% of budgetSomerset County Young Men's Christian Association Inc: $7,500 over 3y, 0.0% of budgetFranklin Township Food Bank: $7,500 over 2y, 0.1% of budgetHomesharing Inc: $7,500 over 4y, 1.0% of budgetThe Center for Great Expectations Inc: $7,500 over 3y, 0.0% of budgetMidland School Inc: $7,228 over 4y, 0.0% of budgetThe Arc of Somerset County Inc: $6,000 over 2y, 0.0% of budgetThe Institute for Children With Cancer and Blood Disorders Inc: $5,000 over 2y, 0.2% of budgetYMCA of Metuchen: $5,000 over 2y, 0.0% of budgetCenter for Educational Advancement: $5,000 over 2y, 0.1% of budgetMoms Helping Moms Foundation Inc: $5,000 over 2y, 0.4% of budgetFeeding Middlesex County: $5,000 over 1y, 0.9% of budgetDamon House Inc: $5,000 over 2y, 0.1% of budgetAlternatives Inc: $5,000 over 2y, 0.0% of budgetRaritan Valley Young Mens Christian Association a Nj Non Profit Corporation: $4,500 over 2y, 0.1% of budgetMiddlesex College Foundation Inc: $4,500 over 3y, 0.2% of budgetSimuel Whitfield Simmons Organization Inc: $4,000 over 2y, 10% of budgetSister2sister: $3,500 over 2y, 1.4% of budgetPrinceton Ballet Society: $3,500 over 2y, 0.0% of budgetCrossroads4hope: $3,500 over 2y, 0.1% of budgetAmerican Hungarian Foundation: $3,000 over 1y, 2.5% of budgetThe Rwj University Hospital Foundation Inc: $2,500 over 1y, 0.0% of budgetNew Jersey Center for Tourette Syndrome and Associated Disorders: $2,500 over 1y, 0.2% of budgetDaytop Village of New Jersey Inc: $2,500 over 1y, 0.1% of budgetThe Alfa Art Center a Nj Nonprofit Corporation: $2,500 over 1y, 2.2% of budgetSoup Kitchen 411 Inc: $2,500 over 1y, 0.9% of budgetCommunity Hope Inc: $2,500 over 1y, 0.0% of budgetHub City Jazz Festival Inc: $2,500 over 1y, 1.6% of budgetVisions and Pathways a Nj Nonprofit Corporation: $2,500 over 1y, 0.1% of budgetLower Raritan Watershed Partnership Corp: $2,500 over 1y, 2.2% of budget10 Hairy Legs: $2,500 over 2y, 0.5% of budgetEversight: $2,500 over 1y, 0.0% of budgetGeorge Street Playhouseinc: $2,500 over 1y, 0.0% of budgetWho is My Neighbor Inc: $2,500 over 1y, 4.0% of budgetCourt Appointed Special Advocates of New Jersey Inc: $2,500 over 1y, 0.1% of budgetHugs for Brady Foundation: $2,500 over 1y, 1.4% of budgetChildhood Leukemia Foundation Inc: $2,450 over 1y, 0.1% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 57.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Investors Foundation IncNJ59.3× affinity29 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Investors Foundation Inc · Columbia Bank Foundation · The Provident Bank Foundation · Bristol-Myers Squibb Foundation Inc · Community Foundation of New Jersey · Oceanfirst Foundation · Pseg Foundation Inc · Princeton Area Community Foundation Inc · Citizens Philanthropic Foundation Inc · The Amboy Foundation · The Hyde and Watson Foundation · Chubb Charitable Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Magyarbank Charitable Foundation with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Magyarbank Charitable Foundation?

Find your warmest path to Magyarbank Charitable Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Magyarbank Charitable Foundation

How much does Magyarbank Charitable Foundation give?
Magyarbank Charitable Foundation reported 24 grants totaling $75,750 in its FY2025 IRS filing. It funded between 20 and 26 organizations a year over FY2018 to FY2024.
What does Magyarbank Charitable Foundation fund?
By grant dollars over FY2017 to FY2025, its largest causes are Arts & Culture (20%), Health (18%), Housing & Shelter (18%).
Who are Magyarbank Charitable Foundation's largest grantees?
By total granted over FY2017 to FY2025: The State Theatre Regional Arts Center at New Brunswick Inc ($101k), Central Jersey Housing Resource Center ($35k), Triple C Housing Inc ($30k).
Does Magyarbank Charitable Foundation fund new organizations?
In FY2024, 29% of the organizations it funded were first-time grantees.
Does Magyarbank Charitable Foundation accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Magyarbank Charitable Foundation?
Its strongest co-funders, measured against what their size predicts, include Investors Foundation Inc, Columbia Bank Foundation, The Provident Bank Foundation.
Where is Magyarbank Charitable Foundation based?
Magyarbank Charitable Foundation is based in NJ.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 115 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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