Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 22-6441627

FOSTER-KARNEY TRUST FUND

Tax-exempt · OCEAN CITY, NJ 08226

Financials

$413K$192K2021$178K$218K2023$237K$214K2024$450K$251K2025
Revenue Expenses · by fiscal year end
Financials of FOSTER-KARNEY TRUST FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$450,088$251,106$198,982$3,294,402$0$3,294,402
December 31, 2024990-PF$237,471$214,118$23,353$3,496,511$0$3,496,511
December 31, 2023990-PF$177,710$217,570-$39,860$3,469,891$0$3,469,891
December 31, 2021990-PF$412,545$192,081$220,464$3,293,234$0$3,293,234
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$183,257
Interest
$824
Net gain from sales of assets
$266,007

Expenses

Grants and similar amounts paid
$241,779
Disbursements for charitable purposes
$244,667
Excise tax on investment income
$2,514

Balance sheet and other

Total assets, start of year
$3,496,511
Total assets, end of year
$3,294,402
Total liabilities, end of year
$0
Net assets, end of year
$3,294,402
Fair market value of assets
$5,057,360
Qualifying distributions
$244,667
Net investment income
$184,081

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
GEORGE BOOKOS
121 VIOLET DRIVE, EGG HARBOR TWP, NJ 08234
SECRETARY1$0
EDWARD PRICE
4 GARDENS LANE, BEESLEYS POINT, NJ 08223
CHAIRMAN1$0
JOHN QUINN
950 CENTRAL AVE, OCEAN CITY, NJ 08226
TREASURER1$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
JOHN QUINN
950 CENTRAL AVENUE, OCEAN CITY, NJ 08226
TREASURER0$0
EDWARD PRICE
4 GARDENS LANE, BEESLEYS POINT, NJ 08223
CHAIRMEN0$0
GEORGE BOOKOS
121 VIOLET DRIVE, EGG HARBOR TOWNSHIP, NJ 08234
SECRETARY0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JOHN QUINN
950 CENTRAL AVENUE, OCEAN CITY, NJ 08226
TREASURER1$0
EDWARD PRICE
4 GARDENS LANE, BEESLEYS POINT, NJ 08223
CHAIRMEN1$0
GEORGE BOOKOS
121 VIOLET DRIVE, EGG HARBOR TOWNSHIP, NJ 08234
SECRETARY1$0
990-PF for the year ended December 31, 2021: 3 people
NameTitleHours / weekCompensation
JOHN QUINN
950 CENTRAL AVENUE, OCEAN CITY, NJ 08226
TREASURER5$0
EDWARD PRICE
4 GARDENS LANE, BEESLEYS POINT, NJ 08223
CHAIRMEN5$0
GEORGE BOOKOS
121 VIOLET DRIVE, EGG HARBOR TOWNSHIP, NJ 08234
SECRETARY5$0

Address and contacts

Address (IRS master file)
PO BOX 364, OCEAN CITY, NJ 08226-0364
Signed the 990-PF
JOHN QUINN, TREASURER
Phone
(609) 399-5796
Return prepared by
FITZPATRICK BONGIOVANNI & KELLY PC

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
22-6441627
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
1988
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,294,402
Income (IRS master file)
$2,624,562

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$450,088$251,106$3,294,402XML
990-PFDecember 2024$237,471$214,118$3,496,511XML
990-PFDecember 2023$177,710$217,570$3,469,891XML
990-PFDecember 2022–––IRS
990-PFDecember 2021$412,545$192,081$3,293,234XML
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 22-6441627).

Questions about FOSTER-KARNEY TRUST FUND

What is the EIN of FOSTER-KARNEY TRUST FUND?
The employer identification number (EIN) of FOSTER-KARNEY TRUST FUND is 22-6441627.
Is FOSTER-KARNEY TRUST FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to FOSTER-KARNEY TRUST FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FOSTER-KARNEY TRUST FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of FOSTER-KARNEY TRUST 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 FOSTER-KARNEY TRUST 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 FOSTER-KARNEY TRUST FUND?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does FOSTER-KARNEY TRUST FUND have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $450,088, expenses of $251,106 and total assets of $3,294,402 at year end.

Other nonprofits in OCEAN CITY

All nonprofits in OCEAN CITY · New Jersey