Nonprofit · EIN 22-3840808
MARC SANDERS FOUNDATION
Tax-exempt · HILLSBOROUGH, NJ 08844
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $510,348 | $615,294 | -$104,946 | $7,289,327 | $468,745 | $6,820,582 |
| December 31, 2024 | 990-PF | $467,808 | $814,530 | -$346,722 | $7,393,811 | $468,283 | $6,925,528 |
| December 31, 2023 | 990-PF | $177,062 | $601,995 | -$424,933 | $7,272,250 | $0 | $7,272,250 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $300,147
- Program service revenue
- $0
- Investment income
- $210,006
- Royalties
- $195
- Net gain from sales of assets
- $102,054
- Other revenue
- $195
Expenses
- Grants and similar amounts paid
- $374,614
- Other salaries and wages
- $108,370
- Salaries, compensation and benefits (total)
- $119,664
- Professional fundraising fees
- $0
- Legal fees
- $52,590
- Accounting fees
- $51,240
- Travel
- $10,529
- Program services (functional)
- $558,647
- Management and general (functional)
- $56,647
Balance sheet and other
- Total assets, start of year
- $7,393,811
- Total assets, end of year
- $7,289,327
- Total liabilities, end of year
- $468,745
- Net assets, end of year
- $6,820,582
- Gross receipts
- $22,936,653
- Employees
- 2
- Volunteers
- 0
- Year formed
- 2008
- State of legal domicile
- NJ
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID SOSA | EXECUTIVE DIRECTOR Trustee or director | 1 | $67,870 |
| RICHARD DOUGHERTY | SECRETARY AND TREASURER Trustee or director, Officer | 0 | $40,950 |
| DEAN ZIMMERMAN | TRUSTEE Trustee or director, Officer | 0 | $3,500 |
| JEFFREY PASEK | CHAIR Trustee or director, Officer | 0 | $0 |
| HOLLY ISDALE | TRUSTEE Trustee or director | 0 | $0 |
| KATHLEEN MCCARTNEY | TRUSTEE Trustee or director | 0 | $0 |
990-PF for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEOFFREY SAYRE-MCCORD 3301 W CORNWALLIS ROAD, DURHAM, NC 27705 | EXECUTIVE DIRECTOR Highest-paid employee | 10 | $172,081 |
| BARRY LAM 2422 W MACDEVITT STREET, WEST COVINA, CA 91790 | ASSOCIATE DIRECTOR Highest-paid employee | 10 | $60,000 |
| JEFFREY PASEK 601 ROUTE 206 26-510, HILLSBOROUGH, NJ 08844 | CHAIR | 0 | $0 |
| HOLLY ISDALE 601 ROUTE 206 26-510, HILLSBOROUGH, NJ 08844 | TRUSTEE | 0 | $0 |
| KATHLEEN MCCARTNEY 601 ROUTE 206 26-510, HILLSBOROUGH, NJ 08844 | TRUSTEE | 0 | $0 |
| DAVID SOSA 601 ROUTE 206 26-510, HILLSBOROUGH, NJ 08844 | VICE CHAIR AND TRUSTEE | 0 | $0 |
| RICHARD DOUGHERTY 601 ROUTE 206 26-510, HILLSBOROUGH, NJ 08844 | SECRETARY AND TREASURER | 0 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEOFFREY SAYRE-MCCORD 3301 W CORNWALLIS ROAD, DURHAM, NC 27705 | EXECUTIVE DIRECTOR Highest-paid employee | 10 | $153,639 |
| BARRY LAM 2422 MACDEVITT STREET, WEST COVINA, CA 91790 | ASSOCIATE DIRECTOR Highest-paid employee | 10 | $59,583 |
| JEFFREY PASEK 601 ROUTE 206 26-510, HILLSBOROUGH, NJ 08844 | CHAIR | 0 | $0 |
| HOLLY ISDALE 601 ROUTE 206 26-510, HILLSBOROUGH, NJ 08844 | TRUSTEE | 0 | $0 |
| KATHLEEN MCCARTNEY 601 ROUTE 206 26-510, HILLSBOROUGH, NJ 08844 | TRUSTEE | 0 | $0 |
| DAVID SOSA 601 ROUTE 206 26-510, HILLSBOROUGH, NJ 08844 | VICE CHAIR AND TRUSTEE | 0 | $0 |
| RICHARD DOUGHERTY 601 ROUTE 206 26-510, HILLSBOROUGH, NJ 08844 | SECRETARY AND TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 601 ROUTE 206 SUITE 26-510, HILLSBOROUGH, NJ 08844-1522
- In care of
- % ERIC SANDERS
- Principal officer (990 for 2025)
- JEFFREY PASEK, 601 ROUTE 206 26-510, HILLSBOROUGH, NJ 08844
- Signed the 990
- JEFFREY PASEK, CHAIR PERSON
- Phone
- (908) 267-5284
- Return prepared by
- EISNER ADVISORY GROUP LLC
Mission
THE MARC SANDERS FOUNDATION IS COMMITTED TO USING PHILOSOPHY TO HELP THE WORLD APPROACH LARGER PERSONAL AND SOCIETAL ISSUES WITH THE THOUGHTFULNESS, CARE, AND RIGOR NEEDED TO DRIVE UNDERSTANDING AND CHANGE.
Program accomplishments
- THE MARC SANDERS FOUNDATION HAS A STRONG HISTORY OF IDENTIFYING AND REWARDING EXCELLENCE IN PHILOSOPHY, AS WELL AS IDENTIFYING, NURTURING AND FOSTERING PROGRAMS THAT ADVANCE PHILOSOPHY IN THE PUBLIC AND ACADEMIC ARENAS.Expenses $558,647 · grants $374,614
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 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
- 22-3840808
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A70)
- Assets (IRS master file)
- $7,289,327
- Income (IRS master file)
- $22,936,653
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $510,348 | $615,294 | $7,289,327 | IRS |
| 990-PF | December 2024 | $467,808 | $814,530 | $7,393,811 | IRS |
| 990-PF | December 2023 | $177,062 | $601,995 | $7,272,250 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | 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 22-3840808).
Questions about MARC SANDERS FOUNDATION
- What is the EIN of MARC SANDERS FOUNDATION?
- The employer identification number (EIN) of MARC SANDERS FOUNDATION is 22-3840808.
- Is MARC SANDERS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to MARC SANDERS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARC SANDERS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MARC SANDERS 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 MARC SANDERS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MARC SANDERS FOUNDATION?
- The 990 for the year ended December 31, 2025 names JEFFREY PASEK.
- Who are the officers and directors of MARC SANDERS FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 6 people; 3 received compensation from the organization, the highest $67,870 (DAVID SOSA, EXECUTIVE DIRECTOR).
- How much revenue does MARC SANDERS FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $510,348, expenses of $615,294 and total assets of $7,289,327 at year end.
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