Nonprofit · EIN 23-7873028
MORGAN HAND II SCHOLARSHIP FUND 1513601665
Tax-exempt · RED BANK, NJ 07701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $198,490 | $46,485 | $152,005 | $665,097 | $0 | $665,097 |
| December 31, 2024 | 990-PF | $133,391 | $52,569 | $80,822 | $513,091 | $0 | $513,091 |
| December 31, 2023 | 990-PF | $18,243 | $30,679 | -$12,436 | $432,347 | $0 | $432,347 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $17,900
- Net gain from sales of assets
- $180,590
Expenses
- Grants and similar amounts paid
- $31,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $37,031
- Excise tax on investment income
- $2,628
Balance sheet and other
- Total assets, start of year
- $513,091
- Total assets, end of year
- $665,097
- Total liabilities, end of year
- $0
- Net assets, end of year
- $665,097
- Fair market value of assets
- $739,172
- Qualifying distributions
- $37,031
- Net investment income
- $198,493
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RACHEL O'KEEFE 110 WEST FRONT ST 2ND FLOOR, RED BANK, NJ 07701 | CO-TRUSTEE | 1 | $0 |
| DOUGLASS K WALKER ESQUIRE 15 E 8TH STREET, OCEAN CITY, NJ 08225 | CO-TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RACHEL O'KEEFE 110 WEST FRONT ST 2ND FLOOR, RED BANK, NJ 07701 | CO-TRUSTEE | 1 | $0 |
| DOUGLASS K WALKER ESQUIRE 15 E 8TH STREET, OCEAN CITY, NJ 08225 | CO-TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS WALKER 110 WEST FRONT ST 2ND FLOOR, RED BANK, NJ 07701 | TRUSTEE | 1 | $0 |
| RACHEL O'KEEFE 110 WEST FRONT ST 2ND FLOOR, RED BANK, NJ 07701 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 110 WEST FRONT ST 2ND FL, RED BANK, NJ 07701-1139
- In care of
- % OCEANFIRST BANK NA
- Signed the 990-PF
- OCEAN FIRST BANK, CO-TRUSTEE
- Phone
- (732) 240-4500
- Return prepared by
- PORZIO BROMBERG & NEWMAN PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 23-7873028
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $665,097
- Income (IRS master file)
- $541,046
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $198,490 | $46,485 | $665,097 | IRS |
| 990-PF | December 2024 | $133,391 | $52,569 | $513,091 | IRS |
| 990-PF | December 2023 | $18,243 | $30,679 | $432,347 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 23-7873028).
Questions about MORGAN HAND II SCHOLARSHIP FUND 1513601665
- What is the EIN of MORGAN HAND II SCHOLARSHIP FUND 1513601665?
- The employer identification number (EIN) of MORGAN HAND II SCHOLARSHIP FUND 1513601665 is 23-7873028.
- Is MORGAN HAND II SCHOLARSHIP FUND 1513601665 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to MORGAN HAND II SCHOLARSHIP FUND 1513601665 tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MORGAN HAND II SCHOLARSHIP FUND 1513601665 file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MORGAN HAND II SCHOLARSHIP FUND 1513601665 due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MORGAN HAND II SCHOLARSHIP FUND 1513601665 last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of MORGAN HAND II SCHOLARSHIP FUND 1513601665?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does MORGAN HAND II SCHOLARSHIP FUND 1513601665 have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $198,490, expenses of $46,485 and total assets of $665,097 at year end.
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