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Nonprofit · EIN 90-0010097

THE GALESI FAMILY FOUNDATION INC

Tax-exempt · HIGH BRIDGE, NJ 08829

Financials

$76K$177K2023$169K$250K2024
Revenue Expenses · by fiscal year end
Financials of THE GALESI FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-PF$169,486$250,071-$80,585$1,009,506$0$1,009,506
September 30, 2024990-PF$76,035$177,402-$101,367$1,090,091$0$1,090,091
Financial details: 990-PF for the year ended September 30, 2025

Revenue

Dividends
$17,139
Net gain from sales of assets
$152,347

Expenses

Grants and similar amounts paid
$202,232
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$202,232
Excise tax on investment income
$2,356

Balance sheet and other

Total assets, start of year
$1,090,091
Total assets, end of year
$1,009,506
Total liabilities, end of year
$0
Net assets, end of year
$1,009,506
Fair market value of assets
$2,380,494
Qualifying distributions
$202,232
Net investment income
$169,486

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
LOREN GALESI
3303 18TH ST NW, WASHINGTON, DC 20010
DIRECTOR0$0
MICHELLE GALESI
4 BEAVERS STREET, HIGH BRIDGE, NJ 08829
PRESIDENT0$0
MORRIS J GALESI
172 SPEEDWELL AVENUE, MORRIS PLAINS, NJ 07950
DIRECTOR0$0
DARREN GALESI
151 LANSING ISLAND DRIVE, INDIAN HARBOR BEACH, FL 32937
DIRECTOR0$0
990-PF for the year ended September 30, 2024: 4 people
NameTitleHours / weekCompensation
LOREN GALESI
3303 18TH ST NW, WASHINGTON, DC 20010
DIRECTOR0$0
MICHELLE GALESI
172 SPEEDWELL AVENUE, MORRIS PLAINS, NJ 07950
TREASURER0$0
MORRIS J GALESI
172 SPEEDWELL AVENUE, MORRIS PLAINS, NJ 07950
DIRECTOR0$0
DARREN GALESI
151 LANSING ISLAND DRIVE, INDIAN HARBOR BEACH, FL 32937
PRESIDENT0$0

Address and contacts

Address (IRS master file)
4 BEAVERS ST, HIGH BRIDGE, NJ 08829-1721
In care of
% CHARLES IAN NASH
Signed the 990-PF
DARREN GALESI, PRESIDENT
Phone
(973) 998-8822
Return prepared by
DAVID BRUNO & ASSOCIATES LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990-PF on file
2023September 30, 2024February 18, 2025990-PF on file

IRS record

EIN
90-0010097
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
2002
Accounting year ends
September
Files
Form 990-PF
Assets (IRS master file)
$1,009,506
Income (IRS master file)
$456,700

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFSeptember 2025$169,486$250,071$1,009,506XML
990-PFSeptember 2024$76,035$177,402$1,090,091XML
990-PFSeptember 2023–––IRS
990-PFSeptember 2022–––IRS
990-PFSeptember 2021–––IRS
990-PFSeptember 2020–––IRS
990-PFSeptember 2019–––IRS
990-PFSeptember 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 90-0010097).

Questions about THE GALESI FAMILY FOUNDATION INC

What is the EIN of THE GALESI FAMILY FOUNDATION INC?
The employer identification number (EIN) of THE GALESI FAMILY FOUNDATION INC is 90-0010097.
Is THE GALESI FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to THE GALESI FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE GALESI FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THE GALESI FAMILY FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE GALESI FAMILY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended September 2025.
Who are the officers and directors of THE GALESI FAMILY FOUNDATION INC?
The 990-PF for the year ended September 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does THE GALESI FAMILY FOUNDATION INC have?
On its 990-PF for the year ended September 30, 2025 it reported revenue of $169,486, expenses of $250,071 and total assets of $1,009,506 at year end.

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