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Nonprofit · EIN 23-7245431

BROOKDALE COMMUNITY COLLEGE FOUNDATION TRUST

Tax-exempt · LINCROFT, NJ 07738

Financials

$1.2M$739K2022$2.8M$876K2023$6.7M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of BROOKDALE COMMUNITY COLLEGE FOUNDATION TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,695,359$1,090,444$5,604,915$15,548,180$260,108$15,288,072
June 30, 2024990$2,759,103$875,528$1,883,575$9,791,647$108,490$9,683,157
June 30, 2023990$1,183,118$739,171$443,947$8,067,696$268,114$7,799,582
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$5,723,256
Program service revenue
$0
Investment income
$827,897
Other revenue
$144,206

Expenses

Grants and similar amounts paid
$823,838
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$8,000
Program services (functional)
$927,159
Management and general (functional)
$108,023
Fundraising (functional)
$55,262

Balance sheet and other

Total assets, start of year
$9,791,647
Total assets, end of year
$15,548,180
Total liabilities, end of year
$260,108
Net assets, end of year
$15,288,072
Publicly traded securities
$8,904,050
Net assets without donor restrictions
$1,863,049
Net assets with donor restrictions
$13,425,023
Gross receipts
$6,695,359
Employees
0
Volunteers
30
Year formed
1973
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Nancy KaariVP Advancement
Key employee
10$0
990 for the year ended June 30, 2024: 1 people
NameTitleHours / weekCompensation
Nancy KaariVP Advancement
Key employee
10$0
990 for the year ended June 30, 2023: 1 people
NameTitleHours / weekCompensation
Nancy KaariVP Advancement
Key employee
10$0

Address and contacts

Address (IRS master file)
765 NEWMAN SPRINGS RD, LINCROFT, NJ 07738-1543
Principal officer (990 for 2024)
Teresa Manfreda-Foley, 765 Newman Springs Road, Lincroft, NJ 07738
Signed the 990
Teresa Manfreda, CFO
Phone
(732) 224-2638

Mission

The mission of the Foundation is to help students achieve their dream of earning a college degree. The Foundation solicits individuals, businesses, organizations, and private foundations to support and fund student scholarships and grants.

990 for the year ended June 30, 2025

Program accomplishments

  • Financial aid to Brookdale Community College students in the form of scholarships and awards.
    Expenses $927,159 · grants $823,838 · revenue $827,897
  • n/a0

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7245431
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
1973
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,548,180
Income (IRS master file)
$6,695,359

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$6,695,359$1,090,444$15,548,180XML
990June 2024$2,759,103$875,528$9,791,647IRS
990June 2023$1,183,118$739,171$8,067,696XML
990June 2022$330,447$1,036,875$7,419,735IRS
990June 2021–––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 23-7245431).

Questions about BROOKDALE COMMUNITY COLLEGE FOUNDATION TRUST

What is the EIN of BROOKDALE COMMUNITY COLLEGE FOUNDATION TRUST?
The employer identification number (EIN) of BROOKDALE COMMUNITY COLLEGE FOUNDATION TRUST is 23-7245431.
Is BROOKDALE COMMUNITY COLLEGE FOUNDATION TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to BROOKDALE COMMUNITY COLLEGE FOUNDATION TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BROOKDALE COMMUNITY COLLEGE FOUNDATION TRUST 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 BROOKDALE COMMUNITY COLLEGE FOUNDATION TRUST due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BROOKDALE COMMUNITY COLLEGE FOUNDATION TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BROOKDALE COMMUNITY COLLEGE FOUNDATION TRUST?
The 990 for the year ended June 30, 2025 names Teresa Manfreda-Foley.
Who are the officers and directors of BROOKDALE COMMUNITY COLLEGE FOUNDATION TRUST?
The 990 for the year ended June 30, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does BROOKDALE COMMUNITY COLLEGE FOUNDATION TRUST have?
On its 990 for the year ended June 30, 2025 it reported revenue of $6,695,359, expenses of $1,090,444 and total assets of $15,548,180 at year end.

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