Dune Scholarship Fund A Nj Non-Profit Corporation
- Assets
- $3.0m
- Revenue
- $111.5k
- Investments
- $636.2k
- Employees
- 0
- Location
- North Brunswick, NJ
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-2044883
Organization Overview
Dune Scholarship Fund A Nj Non-Profit Corporation is located in North Brunswick, NJ. The organization was established in 2019. 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. Dune Scholarship Fund A NJ Non-Profit Corporation 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 12/2022, Dune Scholarship Fund A NJ Non-Profit Corporation generated $111.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $211.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dune Scholarship Fund A NJ Non-Profit Corporation has awarded 56 individual grants totaling $486,159. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE YEAR ENDED DECEMBER 31, 2022, THE FOUNDATION ALLOCATED $211,480 TO 25 COLLEGES AND 2 K-12 SCHOOLS AND AWARDED 27 RECIPIENTS SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Bahash President/treasurer | 2 | $0 | |
Carol E Bahash Secretary | 2 | $0 | |
Robert M Bahash Trustee | 1 | $0 | |
Timothy J Bahash Trustee | 1 | $0 | |
Kelly A Bahash Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $65,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $46,517 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $111,517 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $150 |
| Contributions, gifts, grants paid | $211,480 |
| Total expenses and disbursements | $211,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,356,304 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,992,515 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Dune Scholarship Fund A Nj Non-Profit Corporation has awarded $211,480 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
RUTGERS UNIVERSITY PURPOSE: THIS SCHOLARSHIP IS AWARDED TOA STUDENT VIA THE UNIVERSITY TO PURSUE HIGHER EDUCATION. | $63,844 |
RIDER UNIVERSITY PURPOSE: THIS SCHOLARSHIP IS AWARDED TOA STUDENT VIA THE UNIVERSITY TO PURSUE HIGHER EDUCATION. | $5,000 |
GEORGIAN COURT UNIVERSITY PURPOSE: THIS SCHOLARSHIP IS AWARDED TOA STUDENT VIA THE UNIVERSITY TO PURSUE HIGHER EDUCATION. | $6,500 |
RAMAPO COLLEGE OF NJ PURPOSE: THIS SCHOLARSHIP IS AWARDED TOA STUDENT VIA THE UNIVERSITY TO PURSUE HIGHER EDUCATION. | $8,500 |
COLLEGE OF NJ PURPOSE: THIS SCHOLARSHIP IS AWARDED TOA STUDENT VIA THE UNIVERSITY TO PURSUE HIGHER EDUCATION. | $10,000 |
NY UNIVERSITY PURPOSE: THIS SCHOLARSHIP IS AWARDED TOA STUDENT VIA THE UNIVERSITY TO PURSUE HIGHER EDUCATION. | $9,538 |