Skip to main content

Nonprofit · EIN 47-7087688

THE FRANK AND CAROLYN SULLIVAN CHARITABLE FOUNDATION

Also known as FRANK J SULLIVAN TTEE

Tax-exempt · MANASQUAN, NJ 08736

Financials

$78K$18K2023$77K$15K2024$32K$145K2025
Revenue Expenses · by fiscal year end
Financials of THE FRANK AND CAROLYN SULLIVAN CHARITABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$32,358$144,641-$112,283$210,365$0$210,365
December 31, 2024990-PF$76,571$14,954$61,617$335,951$0$335,951
December 31, 2023990-PF$77,654$17,634$60,020$275,415$0$275,415
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$21,011
Interest
$1,517
Net gain from sales of assets
$9,830

Expenses

Grants and similar amounts paid
$143,500
Disbursements for charitable purposes
$143,500
Excise tax on investment income
$313

Balance sheet and other

Total assets, start of year
$335,951
Total assets, end of year
$210,365
Total liabilities, end of year
$0
Net assets, end of year
$210,365
Fair market value of assets
$210,365
Qualifying distributions
$143,500
Net investment income
$22,528

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.

NameTitleHours / weekCompensation
FRANK J SULLIVAN
2560 MORNINGSTAR ROAD, MANASQUAN, NJ 08736
TRUSTEE0$0
CAROLYN SULLIVAN
2560 MORNINGSTAR ROAD, MANASQUAN, NJ 08736
TRUSTEE0$0
STEPHEN M SULLIVAN
362 BULLARD AVENUE, PARAMUS, NJ 07652
TRUSTEE0$0
MICHAEL SULLIVAN
2560 MORNINGSTAR ROAD, MANASQUAN, NJ 08736
TRUSTEE0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
FRANK J SULLIVAN
19 GATESHEAD DR, BRIDEGEWATER, NJ 08807
TRUSTEE0$0
CAROLYN SULLIVAN
19 GATESHEAD DR, BRIDGEWATER, NJ 08807
TRUSTEE0$0
STEPHEN M SULLIVAN
362 BULLARD AVENUE, PARAMUS, NJ 07652
TRUSTEE0$0
MICHAEL SULLIVAN
19 GATES HEAD DRIVE, BRIDGEWATER, NJ 08807
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
FRANK J SULLIVAN
19 GATESHEAD DR, BRIDEGEWATER, NJ 08807
TRUSTEE0$0
CAROLYN SULLIVAN
19 GATESHEAD DR, BRIDGEWATER, NJ 08807
TRUSTEE0$0
STEPHEN M SULLIVAN
362 BULLARD AVENUE, PARAMUS, NJ 07652
TRUSTEE0$0
MICHAEL SULLIVAN
19 GATES HEAD DRIVE, BRIDGEWATER, NJ 08807
TRUSTEE0$0

Address and contacts

Address (IRS master file)
2560 MORNINGSTAR RD, MANASQUAN, NJ 08736-2242
Signed the 990-PF
FRANK J SULLIVAN, TRUSTEE
Phone
(732) 742-1710
Return prepared by
MAX BUSSEL & COMPANY CPA'S

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
47-7087688
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
2015
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$210,365
Income (IRS master file)
$172,116

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$32,358$144,641$210,365XML
990-PFDecember 2024$76,571$14,954$335,951XML
990-PFDecember 2023$77,654$17,634$275,415XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 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 47-7087688).

Questions about THE FRANK AND CAROLYN SULLIVAN CHARITABLE FOUNDATION

What is the EIN of THE FRANK AND CAROLYN SULLIVAN CHARITABLE FOUNDATION?
The employer identification number (EIN) of THE FRANK AND CAROLYN SULLIVAN CHARITABLE FOUNDATION is 47-7087688.
Is THE FRANK AND CAROLYN SULLIVAN CHARITABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to THE FRANK AND CAROLYN SULLIVAN CHARITABLE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE FRANK AND CAROLYN SULLIVAN CHARITABLE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE FRANK AND CAROLYN SULLIVAN CHARITABLE FOUNDATION 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 THE FRANK AND CAROLYN SULLIVAN CHARITABLE FOUNDATION 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 THE FRANK AND CAROLYN SULLIVAN CHARITABLE FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does THE FRANK AND CAROLYN SULLIVAN CHARITABLE FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $32,358, expenses of $144,641 and total assets of $210,365 at year end.

Other nonprofits in MANASQUAN

All nonprofits in MANASQUAN · New Jersey · Philanthropy, voluntarism and grantmaking foundations