Nonprofit · EIN 22-3516256
V JAMES & CHERYL A GALGANO CHARITABLE FOUNDATION
Tax-exempt · STUART, FL 34997
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $40,546 | $24,601 | $15,945 | $76,046 | $0 | $76,046 |
| December 31, 2024 | 990-PF | $44,597 | $173,270 | -$128,673 | $37,940 | $0 | $37,940 |
| December 31, 2023 | 990-PF | $52,163 | $25,432 | $26,731 | $168,207 | $0 | $168,207 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $1,130
- Interest
- $23
- Net gain from sales of assets
- $39,393
Expenses
- Grants and similar amounts paid
- $20,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $20,000
- Excise tax on investment income
- $509
Balance sheet and other
- Total assets, start of year
- $37,940
- Total assets, end of year
- $76,046
- Total liabilities, end of year
- $0
- Net assets, end of year
- $76,046
- Fair market value of assets
- $132,542
- Qualifying distributions
- $20,000
- Net investment income
- $40,546
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 |
|---|---|---|---|
| MR V JAMES GALGANO 5280 SE BURNING TREE CIRCLE, STUART, FL 34997 | PRES | 1 | $0 |
| MRS CHERYL A GALGANO 5280 SE BURNING TREE CIRCLE, STUART, FL 34997 | V P | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR V JAMES GALGANO 16 WINDJAMMER LN UNIT 8, MOUNT ARLINGTON, NJ 07856 | PRES | 1 | $0 |
| MRS CHERYL A GALGANO 16 WINDJAMMER LN UNIT 8, MOUNT ARLINGTON, NJ 07856 | V P | 1 | $0 |
| MR GREGORY G CAMPISI 1 MILL RIDGE LN SUITE 201B, CHESTER, NJ 07930 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR V JAMES GALGANO 16 WINDJAMMER LN UNIT 8, MOUNT ARLINGTON, NJ 07856 | PRES | 1 | $0 |
| MRS CHERYL A GALGANO 16 WINDJAMMER LN UNIT 8, MOUNT ARLINGTON, NJ 07856 | V P | 1 | $0 |
| MR GREGORY G CAMPISI 1 MILL RIDGE LN SUITE 201B, CHESTER, NJ 07930 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5280 SE BURNING TREE CIR, STUART, FL 34997-8031
- Signed the 990-PF
- V JAMES GALGANO, PRESIDENT
- Phone
- (201) 294-8224
- Return prepared by
- SAL LaGRECA 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
- 22-3516256
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $76,046
- Income (IRS master file)
- $55,310
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $40,546 | $24,601 | $76,046 | XML |
| 990-PF | December 2024 | $44,597 | $173,270 | $37,940 | IRS |
| 990-PF | December 2023 | $52,163 | $25,432 | $168,207 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 22-3516256).
Questions about V JAMES & CHERYL A GALGANO CHARITABLE FOUNDATION
- What is the EIN of V JAMES & CHERYL A GALGANO CHARITABLE FOUNDATION?
- The employer identification number (EIN) of V JAMES & CHERYL A GALGANO CHARITABLE FOUNDATION is 22-3516256.
- Is V JAMES & CHERYL A GALGANO CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to V JAMES & CHERYL A GALGANO CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does V JAMES & CHERYL A GALGANO CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of V JAMES & CHERYL A GALGANO CHARITABLE 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 V JAMES & CHERYL A GALGANO CHARITABLE 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 V JAMES & CHERYL A GALGANO CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does V JAMES & CHERYL A GALGANO CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $40,546, expenses of $24,601 and total assets of $76,046 at year end.
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