Nonprofit · EIN 22-1514861
CHARLES EDISON FUND
Tax-exempt · NEWARK, NJ 07102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $2,246,882 | $2,662,986 | -$416,104 | $10,508,309 | $703,472 | $9,804,837 |
| December 31, 2024 | 990-PF | $1,764,149 | $2,637,116 | -$872,967 | $11,052,950 | $832,662 | $10,220,288 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $183,789
- Interest
- $2,782
- Net gain from sales of assets
- $1,960,410
- Other income
- $99,901
Expenses
- Grants and similar amounts paid
- $933,675
- Compensation of officers, directors and key employees
- $507,185
- Salaries, compensation and benefits (total)
- $201,366
- Disbursements for charitable purposes
- $2,264,056
- Excise tax on investment income
- $24,307
Balance sheet and other
- Total assets, start of year
- $11,052,950
- Total assets, end of year
- $10,508,309
- Total liabilities, end of year
- $703,472
- Net assets, end of year
- $9,804,837
- Fair market value of assets
- $18,645,387
- Qualifying distributions
- $2,264,056
- Net investment income
- $2,146,981
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| J KEEGAN One River Front Plaza 3rd Fl, Newark, NJ 071025401 | Pres. TREA. TRT | 35 | $223,300 |
| L LALICATA One River Front Plaza 3rd Fl, Newark, NJ 071025401 | CURATOR | 35 | $123,375 |
| PATRICK WARREN 1622 EARL STREET, UNION, NJ 07083 | TECH ASSIST. Highest-paid employee | 35 | $79,920 |
| NICOLE ACOSTA 725 REDFIELD ROAD, NORTH PLAINFIELD, NJ 07063 | ASSISTANT Highest-paid employee | 35 | $75,000 |
| KATHLEEN GANNON 1125 LORIMER STREET, BROOKLYN, NY 11222 | EXEC. ASSIST. Highest-paid employee | 35 | $60,496 |
| T UNGERLAND One River Front Plaza 3rd Fl, Newark, NJ 071025401 | (3)Chair-Truste | 20 | $55,000 |
| J O'SHEA One River Front Plaza 3rd Fl, Newark, NJ 071025401 | Trustee/Chair | 4 | $38,500 |
| GEORGE KEEGAN One River Front Plaza 3rd Fl, Newark, NJ 071025401 | Trustee/CONSULT | 2 | $24,860 |
| WADE KNOWLES One River Front Plaza 3rd Fl, Newark, NJ 071025401 | Trustee/Comm | 2 | $14,050 |
| JENNIFER GONRING ALPIN One River Front Plaza 3rd Fl, Newark, NJ 07102 | Trustee/Comm | 2 | $14,050 |
| JACK HOWLEY One River Front Plaza 3rd Fl, NEWARK, NJ 07102 | Trustee | 2 | $14,050 |
990-PF for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| J KEEGAN One River Front Plaza 3rd Fl, Newark, NJ 071025401 | Pres. TREA. TRT | 35 | $223,300 | – |
| L LALICATA One River Front Plaza 3rd Fl, Newark, NJ 071025401 | CURATOR | 35 | $113,750 | – |
| KATHLEEN GANNON 1125 LORIMER STREET, BROOKLYN, NY 11222 | EXEC. ASSIST. Highest-paid employee | 35 | $84,156 | $24,665 |
| PATRICK WARREN 1622 EARL STREET, UNION, NJ 07083 | TECH ASSIST. Highest-paid employee | 35 | $74,865 | $23,723 |
| NICOLE ACOSTA 725 REDFIELD ROAD, NORTH PLAINFIELD, NJ 07063 | ASSISTANT Highest-paid employee | 35 | $73,750 | $40,115 |
| T UNGERLAND One River Front Plaza 3rd Fl, Newark, NJ 071025401 | (3)Chair-Truste | 20 | $55,000 | – |
| J O'SHEA One River Front Plaza 3rd Fl, Newark, NJ 071025401 | Trustee/Chair | 4 | $38,500 | – |
| GEORGE KEEGAN One River Front Plaza 3rd Fl, Newark, NJ 071025401 | Trustee/CONSULT | 2 | $24,860 | – |
| WADE KNOWLES One River Front Plaza 3rd Fl, Newark, NJ 071025401 | Trustee/Comm | 2 | $14,050 | – |
| JENNIFER GONRING ALPIN One River Front Plaza 3rd Fl, Newark, NJ 07102 | Trustee/Comm | 2 | $14,050 | – |
| JACK HOWLEY One River Front Plaza 3rd Fl, NEWARK, NJ 07102 | Trustee | 2 | $14,050 | – |
| J SCHULLINGER One River Front Plaza 3rd Fl, Newark, NJ 071025401 | Trtee CO CHAIR | 13 | $0 | – |
| T SMOOT One River Front Plaza 3rd Fl, Newark, NJ 071025401 | Trustee/Comm | 4 | $0 | – |
Address and contacts
- Address (IRS master file)
- ONE RIVERFRONT PLAZA 3RD FLOOR, NEWARK, NJ 07102-5408
- Signed the 990-PF
- JOHN P KEEGAN, President & CEO
- Phone
- (973) 648-0500
- Website
- WWW.CHARLESEDISONFUND.ORG
- Return prepared by
- SCHACHTER & DEPALMA LLC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 22-1514861
- 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
- 1952
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $10,508,309
- Income (IRS master file)
- $7,540,640
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $2,246,882 | $2,662,986 | $10,508,309 | IRS |
| 990-PF | December 2024 | $1,764,149 | $2,637,116 | $11,052,950 | IRS |
| 990-PF | December 2023 | $1,216,140 | $2,442,723 | $11,835,719 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 22-1514861).
Questions about CHARLES EDISON FUND
- What is the EIN of CHARLES EDISON FUND?
- The employer identification number (EIN) of CHARLES EDISON FUND is 22-1514861.
- Is CHARLES EDISON FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1952.
- Are donations to CHARLES EDISON FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CHARLES EDISON FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CHARLES EDISON FUND 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 CHARLES EDISON FUND 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 CHARLES EDISON FUND?
- The 990-PF for the year ended December 31, 2025 lists 11 people; 11 received compensation from the organization, the highest $223,300 (J KEEGAN, Pres. TREA. TRT).
- How much revenue does CHARLES EDISON FUND have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,246,882, expenses of $2,662,986 and total assets of $10,508,309 at year end.
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