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Nonprofit · EIN 22-2615361

ISERMANN FAMILY FOUNDATION

Tax-exempt · MORRISTOWN, NJ 07960

Financials

$345K$677K2023$1M$754K2024$854K$865K2025
Revenue Expenses · by fiscal year end
Financials of ISERMANN FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$853,757$864,747-$10,990$6,386,797$0$6,386,797
December 31, 2024990-PF$1,031,453$753,973$277,480$6,381,479$0$6,381,479
December 31, 2023990-PF$344,901$676,974-$332,073$6,103,999$0$6,103,999
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$140,525
Interest
$28,009
Net gain from sales of assets
$685,223

Expenses

Grants and similar amounts paid
$744,000
Compensation of officers, directors and key employees
$45,000
Disbursements for charitable purposes
$772,688
Excise tax on investment income
$10,588

Balance sheet and other

Total assets, start of year
$6,381,479
Total assets, end of year
$6,386,797
Total liabilities, end of year
$0
Net assets, end of year
$6,386,797
Fair market value of assets
$17,028,710
Qualifying distributions
$772,688
Net investment income
$853,757

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
GENE R KORF
89 HEADQUARTERS PLAZA NORTH TOWER, 14TH FLOOR, MORRISTOWN, NJ 07960
SECY.1$15,000
SCOTT KORF
89 HEADQUARTERS PLAZA NORTH TOWER, 14TH FLOOR, MORRISTOWN, NJ 07960
TRUSTEE1$15,000
NEIL KORF
89 HEADQUARTERS PLAZA NORTH TOWER, 14TH FLOOR, MORRISTOWN, NJ 07960
TRUSTEE1$15,000
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
GENE R KORF
89 HEADQUARTERS PLAZA NORTH TOWER, 14TH FLOOR, MORRISTOWN, NJ 07960
SECY.1$15,000
SCOTT KORF
89 HEADQUARTERS PLAZA NORTH TOWER, 14TH FLOOR, MORRISTOWN, NJ 07960
TRUSTEE1$15,000
NEIL KORF
89 HEADQUARTERS PLAZA NORTH TOWER, 14TH FLOOR, MORRISTOWN, NJ 07960
TRUSTEE1$15,000
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
GENE R KORF
89 HEADQUARTERS PLAZA NORTH TOWER, 14TH FLOOR, MORRISTOWN, NJ 07960
SECY.1$15,000
SCOTT KORF
89 HEADQUARTERS PLAZA NORTH TOWER, 14TH FLOOR, MORRISTOWN, NJ 07960
TRUSTEE1$15,000
NEIL KORF
89 HEADQUARTERS PLAZA NORTH TOWER, 14TH FLOOR, MORRISTOWN, NJ 07960
TRUSTEE1$15,000

Address and contacts

Address (IRS master file)
89 HEADQUARTERS PLZA N TWR 14TH FLR, MORRISTOWN, NJ 07960-6834
In care of
% F PETERMANN
Signed the 990-PF
HOWARD ISERMANN, PRESIDENT
Phone
(973) 993-1738
Return prepared by
SAX ADVISORS 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 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
22-2615361
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
1985
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$6,386,797
Income (IRS master file)
$2,044,446

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$853,757$864,747$6,386,797IRS
990-PFDecember 2024$1,031,453$753,973$6,381,479IRS
990-PFDecember 2023$344,901$676,974$6,103,999XML
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 22-2615361).

Questions about ISERMANN FAMILY FOUNDATION

What is the EIN of ISERMANN FAMILY FOUNDATION?
The employer identification number (EIN) of ISERMANN FAMILY FOUNDATION is 22-2615361.
Is ISERMANN FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to ISERMANN FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ISERMANN FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ISERMANN FAMILY FOUNDATION 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 ISERMANN FAMILY FOUNDATION 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 ISERMANN FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 3 received compensation from the organization, the highest $15,000 (GENE R KORF, SECY.).
How much revenue does ISERMANN FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $853,757, expenses of $864,747 and total assets of $6,386,797 at year end.

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