Nonprofit · EIN 81-1499948
STANLEY AND RELA BANKS FOUNDATION INC
Tax-exempt (reinstated) · FLORHAM PARK, NJ 07932
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $102,415 | $68,677 | $33,738 | $965,726 | $0 | $965,726 |
| December 31, 2023 | 990-PF | $56,034 | $53,506 | $2,528 | $931,988 | $0 | $931,988 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $28,861
- Other income
- $73,554
Expenses
- Grants and similar amounts paid
- $63,000
- Excise tax on investment income
- $1,376
Balance sheet and other
- Total assets, start of year
- $931,988
- Total assets, end of year
- $965,726
- Total liabilities, end of year
- $0
- Net assets, end of year
- $965,726
- Fair market value of assets
- $965,726
- Net investment income
- $104,683
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW BANKS 3000 NORTH OCEAN DRIVE APT 28F, RIVIERA BEACH, FL 33404 | TRUSTEE | 1 | $0 |
| LEONARD J WITMAN ESQ 26 COLUMBIA TURNPIKE STE 100, FLORHAM PARK, NJ 07932 | TRUSTEE | 1 | $0 |
| CATHERINE ROMANIA ESQ 26 COLUMBIA TURNPIKE STE 100, FLORHAM PARK, NJ 07932 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW BANKS 3000 NORTH OCEAN DRIVE APT 28F, RIVIERA BEACH, FL 33404 | TRUSTEE | 1 | $0 |
| LEONARD J WITMAN ESQ 26 COLUMBIA TURNPIKE STE 100, FLORHAM PARK, NJ 07932 | TRUSTEE | 1 | $0 |
| CATHERINE ROMANIA ESQ 26 COLUMBIA TURNPIKE STE 100, FLORHAM PARK, NJ 07932 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- C/O WITMAN STADTMAUER PA 26 COLUMBI, FLORHAM PARK, NJ 07932-0000
- In care of
- % WITMAN STADTMAUER PA
- Signed the 990-PF
- ANDREW BANKS, TRUSTEE
- Phone
- (732) 254-5570
- Return prepared by
- HOWARD L STEIN CPA 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 | Not 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
- 81-1499948
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $965,726
- Income (IRS master file)
- $102,415
Revocation and reinstatement
- Exemption revoked
- May 15, 2019
- Posted by the IRS
- August 12, 2019
- Reinstated
- Effective May 15, 2019
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $102,415 | $68,677 | $965,726 | IRS |
| 990-PF | December 2023 | $56,034 | $53,506 | $931,988 | XML |
| 990-PF | December 2022 | – | – | – | 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 81-1499948).
Questions about STANLEY AND RELA BANKS FOUNDATION INC
- What is the EIN of STANLEY AND RELA BANKS FOUNDATION INC?
- The employer identification number (EIN) of STANLEY AND RELA BANKS FOUNDATION INC is 81-1499948.
- Is STANLEY AND RELA BANKS FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2019 and reinstated it effective May 15, 2019.
- Are donations to STANLEY AND RELA BANKS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does STANLEY AND RELA BANKS FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of STANLEY AND RELA BANKS FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STANLEY AND RELA BANKS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of STANLEY AND RELA BANKS FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does STANLEY AND RELA BANKS FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $102,415, expenses of $68,677 and total assets of $965,726 at year end.
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