Philip Begonja Memorial Foundation Inc

Organization Overview

Philip Begonja Memorial Foundation Inc is located in Florham Park, NJ. The organization was established in 2013. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philip Begonja Memorial Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Philip Begonja Memorial Foundation Inc generated $58.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $80.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION'S PRIMARY MISSION IS TO AWARD EDUCATIONAL GRANTS AND SCHOLARSHIPS TO DESERVING YOUNG PEOPLE REQUIRING FINANCIAL ASSISTANCE; AWARD GRANTS TO EDUCATIONAL INSTITUTIONS; AND AWARD GRANTS FOR THE IMPROVEMENT OF PUBLIC PARKS. THE FOUNDATION ALSO SUPPORTS OTHER WORTHY CAUSES THAT ARE REPRESENTATIVE OF THOSE THAT PHILIP CHERISHED DURING HIS LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT BERGEN COMMUNITY COLLEGE THROUGH SCHOLARSHIPS


NETWORK FOR GOOD


CREATED PHILIP BEGONJA AWARD AT ORADELL PUBLIC SCHOOL FOR MOST IMPROVED WRITER.


SUPPORTED DON BOSCO PREP HUMILITY AWARD


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Board, Officers & Key Employees

Name (title)Compensation
Antonio Begonja
Vice President
$0
Lucija Begnja
Vice President
$0
Anthony Rudolf
President
$0
William Haemmerle
Treasurer And Secretary
$0
Sabrina Notarnicola
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$55,320
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,407
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$58,727
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $58,727

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