2026-09-21T13:38:23-07:00 2025-12-31 990 2025-01-01 462831205 OSULLIVAN INSTITUTE INC OSUL 2127501808 633 3rd Avenue FL 17 NYC NY 10017 Caroline OSullivan Director 5169462704 2026-09-17 2025 The Navillus Foundation Caroline O'Sullivan 633 3rd avenue fl 17 New York NY 10017 292711 0 X X 2012 NY The Navillus Foundation aims to provide a beacon of hope and support for the most vulnerable populations in the United States, with special emphasis on individuals located in New York City. We are dedicated to alleviating the suffering of the homeless, empowering victims of natural disasters to rebuild their lives, nurturing disadvantaged children to achieve their full potential, and extending a helping hand to the less fortunate in our community. We launch several annual campaigns with the general goal of creating a more just and compassionate society where every individual has the opportunity to thrive. Our foundation is committed making a lasting impact and creating a better world around us. 2 2 0 5 0 0 285000 265000 0 0 20335 27711 0 0 305335 292711 0 94500 0 0 0 0 0 0 0 2810 20 2810 94520 302525 198191 609112 808039 0 0 609112 808039 X The Navillus Foundation aims to provide a beacon of hope and support for the most vulnerable populations in the United States, with special emphasis on individuals located in New York City. We are dedicated to alleviating the suffering of the homeless, empowering victims of natural disasters to rebuild their lives, nurturing disadvantaged children to achieve their full potential, and extending a helping hand to the less fortunate in our community. We launch several annual campaigns with the general goal of creating a more just and compassionate society where every individual has the opportunity to thrive. Our foundation is committed making a lasting impact and creating a better world around us. 1 0 52500 52500 0 Direct Grants to Aligned Charitable Organizations: In 2025, The Navillus Foundation began making direct grants to other Section 501(c)(3) public charities whose missions align with our own. We made a $50,000 grant to The Morrison Legacy Foundation, Inc. to support the preservation, documentation, and celebration of the 30-year history and impact of the Morrison and Donnelly Visa Programs, which enabled tens of thousands of Irish citizens to live, work, and build new lives in the United States. We also made a $2,500 grant to Solace House, Inc. to support its suicide prevention and bereavement counseling services in the New York community. Through these partnerships we are able to extend our reach and support organizations doing critical work with the populations we serve. 36000 36000 0 Navillus Higher Education Scholarship Program: 2025 marked the launch of our scholarship program, which we intend to continue annually. We awarded six scholarships of $6,000 each to students under 25 years old who are pursuing higher education. Recipients were selected based on applications consisting of personal statements and letters of reference. By easing the financial burden of college, we aim to help these students achieve their full potential and build a foundation for lasting success. 6000 6000 0 Operation Santa / Winter Wishes: The Navillus Foundation partnered with New York Cares' Winter Wishes campaign to make the holiday season special for children from less fortunate backgrounds. Our $6,000 contribution helped ensure that children across New York City public schools received a gift from Santa even when their families could not afford one. The Company provided over 100 gifts to children in NYC public schools and housing shelters. 0 0 0 94500 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 X Caroline OSullivan 5169462704 633 3rd Avenue FL 17 NYC NY 10017 X Katie OSullivan Director 2 X 0 0 0 Caroline OSullivan Director 5 0 X X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 265000 0 265000 0 27711 27711 0 0 0 0 0 0 0 0 0 0 292711 0 0 27711 58500 58500 36000 36000 20 20 94520 94500 20 0 595112 792725 14000 15314 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 609112 808039 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 609112 808039 0 0 609112 808039 609112 808039 X 198191 0 0 0 0 736 X 0 0 0 X 0 40000 260000 285000 265000 850000 0 0 0 40000 260000 285000 265000 850000 850000 0 0 6585 21035 27711 55331 905331 0.93888 0.95491 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 New York Cares Inc 39 Broadway 27th FL New York NY 10006 133444193 501(c)(3) 6000 0 N/A N/A Sponsorship of up to 100 Winter Wishes gifts for children in NYC public schools The Morrison Legacy Foundation 3 Fox Hollow Drive East Quogue NY 11942 333979294 501(c)(3) 50000 0 N/A N/A General support of the foundation's mission to preserve and honor the legacy of the Morrison Visa Program 2 0 Higher education scholarship 6 36000 0 N/A Schedule I, Part I, Line 2 Prior to making a grant to an organization, the Foundation's directors confirm that the recipient is a recognized Section 501(c)(3) public charity and review the organization's mission and programs to confirm alignment with the Foundation's charitable purposes. Grants are made for general charitable purposes or for a specific program identified at the time of the grant. The Foundation retains documentation of each grant, including the grant payment record and the grantee's written acknowledgment. For the Higher Education Scholarship Program, each recipient is notified by award letter and must sign a Scholarship Award Agreement before funds are disbursed. The agreement restricts use of the funds to tuition, fees, books, and other qualified educational expenses at an accredited college or university; requires the recipient to retain receipts or proof of payment for all expenditures, which the Foundation may request for verification; requires the return of any unused or misapplied funds, including if the recipient withdraws before completing the academic term; and reserves the Foundation's right to revoke the award for noncompliance. Awards are paid by check directly to the recipient. The Foundation retains each signed agreement, the award letter, and the payment record. Related to substantial contributor Child of an employee of a substantial contributor 6000 Higher education scholarship Awarded by independent selection committee based on pre-established criteria Related to substantial contributor Child of an employee of a substantial contributor 6000 Higher education scholarship Awarded by independent selection committee based on pre-established criteria Related to substantial contributor Child of an employee of a substantial contributor 6000 Higher education scholarship Awarded by independent selection committee based on pre-established criteria Related to substantial contributor Child of an employee of a substantial contributor 6000 Higher education scholarship Awarded by independent selection committee based on pre-established criteria Related to substantial contributor Child of an employee of a substantial contributor 6000 Higher education scholarship Awarded by independent selection committee based on pre-established criteria Related to substantial contributor Child of an employee of a substantial contributor 6000 Higher education scholarship Awarded by independent selection committee based on pre-established criteria Form 990, Part III, Line 2 In 2025 the organization launched the Navillus Higher Education Scholarship Program, awarding six $6,000 scholarships ($36,000 total) to students under 25 years old pursuing higher education. The organization also began making direct grants to other Section 501(c)(3) public charities whose missions align with its own, including a $50,000 grant to The Morrison Legacy Foundation and a $2,500 grant to Solace House, Inc. These activities are described on Part III, line 4. Form 990, Part VI, Section A, Line 2 Katie and Caroline O'Sullivan are both directors. They are siblings Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by the Foundation's director from the organization's accounting records and supporting documentation. A complete copy of the return, including all schedules, is provided to both directors for review before filing, and both directors review it for accuracy and completeness. Form 990, Part VI, Section B, Line 12c The directors are aware of the Foundation's Conflict of Interest Policy and apply it as needed. Any director with a potential conflict discloses it to the Board and abstains from deliberation and voting on the matter. Form 990, Part VI, Section C, Line 19 Will make public upon request Form 990, Part XI, Line 9 Other changes in net assets of $736 represent accrued interest on a certificate of deposit as of December 31, 2024 that was not reflected in the ending net assets reported on the 2024 Form 990. The certificate is reported at its full book value, including accrued interest, at December 31, 2025. The organization is a small, volunteer-run public charity with no paid staff; its Form 990 is prepared by one of its two unpaid directors. The 2025 return was not filed by the May 15, 2026 due date due to an administrative oversight by the volunteer director responsible for the filing. The organization identified the omission on its own, without IRS contact, and filed promptly upon discovery. No tax is due with this return. To prevent recurrence, the organization has engaged a CPA for the 2026 return. The organization respectfully requests that the penalty under section 6652(c)(1)(A) be waived or, if assessed, be considered in light of these facts.