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Nonprofit · EIN 20-0252405

HORIZON CHARITABLE FOUNDATION INC

Tax-exempt · NEWARK, NJ 07105

Financials

$11.2M$3.7M2023$2.5M$3.9M2024$8.8M$3.8M2025
Revenue Expenses · by fiscal year end
Financials of HORIZON CHARITABLE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$8,824,952$3,796,585$5,028,367$90,110,278$2,030,287$88,079,989
December 31, 2024990-PF$2,495,173$3,877,093-$1,381,920$80,593,053$2,282,872$78,310,181
December 31, 2023990-PF$11,210,173$3,675,142$7,535,031$77,272,715$2,819,167$74,453,548
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$2,900,918
Net gain from sales of assets
$5,924,034

Expenses

Grants and similar amounts paid
$2,425,000
Compensation of officers, directors and key employees
$100,000
Disbursements for charitable purposes
$4,236,681
Excise tax on investment income
$121,448

Balance sheet and other

Total assets, start of year
$80,593,053
Total assets, end of year
$90,110,278
Total liabilities, end of year
$2,030,287
Net assets, end of year
$88,079,989
Fair market value of assets
$90,110,278
Qualifying distributions
$4,236,681
Net investment income
$8,824,952

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Linda Bowden
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
Director0.5$20,000
Luis J Diaz
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
Director0.5$20,000
Ivonne Diaz-Claisse
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
Director0.5$20,000
Jill Johnson
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
Director0.5$20,000
Sharon C Taylor
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
Director0.5$20,000
Ulises E Diaz
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
Director0.5$0
Jennifer G Velez
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
Director0.5$0
Gary D St Hilaire
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
President0.5$0
David J Rosenberg
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
Treasurer0.5$0
Nicholas H Peterson
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
Secretary0.5$0
Jonathan R Pearson
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
Executive Director0.5$0
Jacqueline C Bonforte
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
Assistant Secretary0.5$0
Olga Bronkowski
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
Assistant Secretary0.5$0
Daniel Perez
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
Assistant Treasurer0.5$0
Ivan Concepcion
3 PENN PLAZA E PP-15F, NEWARK, NJ 071052200
Controller0.5$0
990-PF for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensation
Linda Bowden
3 Penn Plaza East, Newark, NJ 071052200
Director0.5$20,000
Luis J Diaz
3 Penn Plaza East, Newark, NJ 071052200
Director0.5$20,000
Ivonne Diaz-Claisse
3 Penn Plaza East, Newark, NJ 071052200
Director0.5$20,000
Jill Johnson
3 Penn Plaza East, Newark, NJ 071052200
Director0.5$20,000
Sharon C Taylor
3 Penn Plaza East, Newark, NJ 071052200
Director0.5$20,000
Gary D StHilaire
3 Penn Plaza, Newark, NJ 071052200
President0.5$0
Ulises E Diaz
3 Penn Plaza East, Newark, NJ 071052200
Director0.5$0
Jennifer G Velez
3 Penn Plaza East, Newark, NJ 071052200
Director0.5$0
David J Rosenberg
3 Penn Plaza East, Newark, NJ 071052200
Treasurer0.5$0
Nicholas H Peterson
3 Penn Plaza East, Newark, NJ 071052200
Secretary0.5$0
Jonathan R Pearson
3 Penn Plaza East, Newark, NJ 071052200
Executive Director0.5$0
Jacqueline C Bonforte
3 Penn Plaza East, Newark, NJ 071052200
Assistant Secretary0.5$0
Olga Bronkowski
3 Penn Plaza East, Newark, NJ 071052200
Assistant Secretary0.5$0
Frank A Melaccio
3 Penn Plaza East, Newark, NJ 071052200
Assistant Treasurer0.5$0
990-PF for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
Linda Bowden
3 Penn Plaza East, Newark, NJ 071052200
Director0.5$20,000
Luis Diaz
3 Penn Plaza East, Newark, NJ 071052200
Director0.5$20,000
Ivonne Diaz-Claisse
3 Penn Plaza East, Newark, NJ 07105
Director0.5$20,000
Jill Johnson
3 Penn Plaza East, Newark, NJ 071052200
Director0.5$20,000
Sharon C Taylor
3 Penn Plaza East, Newark, NJ 071052200
Director0.5$20,000
Gary D St Hilaire
3 Penn Plaza East, Newark, NJ 071052200
Chair/President0.5$0
Ulises E Diaz
3 Penn Plaza East, Newark, NJ 071052200
Director0.5$0
Jennifer G Velez
3 Penn Plaza East, Newark, NJ 071052200
Director0.5$0
David J Rosenberg
3 Penn Plaza East, Newark, NJ 071052200
Treasurer0.5$0
Nicholas H Peterson
3 Penn Plaza East, Newark, NJ 071052200
Secretary0.5$0
Jonathan R Pearson
3 Penn Plaza East, Newark, NJ 071052200
Executive Director0.5$0
Jacqueline C Bonforte
3 Penn Plaza East, Newark, NJ 071052200
Assistant Secretary0.5$0
Olga Bronkowski
3 Pen Plaza East, Newark, NJ 071052200
Assistant Secretary0.5$0
Frank A Melaccio
3 Pen Plaza East, Newark, NJ 071052200
Assistant Treasurer0.5$0

Address and contacts

Address (IRS master file)
3 PENN PLAZA E PP-15F, NEWARK, NJ 07105-2200
In care of
% TAX DEPT
Signed the 990-PF
Jonathan Pearson, Executive Director
Phone
(973) 466-4687

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-0252405
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
2005
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$90,110,278
Income (IRS master file)
$79,098,822

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$8,824,952$3,796,585$90,110,278XML
990-PFDecember 2024$2,495,173$3,877,093$80,593,053XML
990-PFDecember 2023$11,210,173$3,675,142$77,272,715XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 20-0252405).

Questions about HORIZON CHARITABLE FOUNDATION INC

What is the EIN of HORIZON CHARITABLE FOUNDATION INC?
The employer identification number (EIN) of HORIZON CHARITABLE FOUNDATION INC is 20-0252405.
Is HORIZON CHARITABLE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to HORIZON CHARITABLE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HORIZON CHARITABLE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of HORIZON CHARITABLE FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HORIZON CHARITABLE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of HORIZON CHARITABLE FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 15 people; 5 received compensation from the organization, the highest $20,000 (Linda Bowden, Director).
How much revenue does HORIZON CHARITABLE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $8,824,952, expenses of $3,796,585 and total assets of $90,110,278 at year end.

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