Nonprofit · EIN 23-7790152
CECELIA HAND NELSON & MORGAN HAND II MEMORIAL SCHOLARSHIP 1513850404
Tax-exempt · RED BANK, NJ 07701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $600,921 | $110,563 | $490,358 | $1,688,431 | $0 | $1,688,431 |
| December 31, 2024 | 990-PF | $248,018 | $102,344 | $145,674 | $1,198,073 | $0 | $1,198,073 |
| December 31, 2023 | 990-PF | $48,114 | $99,672 | -$51,558 | $1,052,400 | $0 | $1,052,400 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $44,992
- Net gain from sales of assets
- $555,929
Expenses
- Grants and similar amounts paid
- $77,000
- Compensation of officers, directors and key employees
- $24,321
- Disbursements for charitable purposes
- $78,134
- Excise tax on investment income
- $8,337
Balance sheet and other
- Total assets, start of year
- $1,198,073
- Total assets, end of year
- $1,688,431
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,688,431
- Fair market value of assets
- $1,865,207
- Qualifying distributions
- $78,134
- Net investment income
- $600,921
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 |
|---|---|---|---|
| OCEANFIRST BANK NA 110 WEST FRONT STREET 2ND FLOOR, RED BANK, NJ 07701 | TRUSTEE | 1 | $0 |
| DOUGLAS K WALKER ESQ 15 EAST 8TH STREET PO BOX 507, OCEAN CITY, NJ 08226 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| OCEANFIRST BANK NA 110 WEST FRONT STREET 2ND FLOOR, RED BANK, NJ 07701 | TRUSTEE | 1 | $23,275 |
| DOUGLAS K WALKER ESQ 15 EAST 8TH STREET PO BOX 507, OCEAN CITY, NJ 08226 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| OCEANFIRST BANK NA 110 WEST FRONT STREET 2ND FLOOR, RED BANK, NJ 07701 | TRUSTEE | 1 | $15,749 |
| DOUGLAS K WALKER ESQ 15 EAST 8TH STREET PO BOX 507, OCEAN CITY, NJ 08226 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 110 WEST FRONT STREET 2ND FLOOR, RED BANK, NJ 07701-1139
- In care of
- % OCEANFIRST BANK NA
- Signed the 990-PF
- OCEANFIRST BANK NA, CO-TRUSTEE
- Phone
- (732) 240-4500
- Return prepared by
- PORZIO BROMBERG & NEWMAN 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 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
- 23-7790152
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,688,431
- Income (IRS master file)
- $1,307,705
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $600,921 | $110,563 | $1,688,431 | IRS |
| 990-PF | December 2024 | $248,018 | $102,344 | $1,198,073 | IRS |
| 990-PF | December 2023 | $48,114 | $99,672 | $1,052,400 | 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 23-7790152).
Questions about CECELIA HAND NELSON & MORGAN HAND II MEMORIAL SCHOLARSHIP 1513850404
- What is the EIN of CECELIA HAND NELSON & MORGAN HAND II MEMORIAL SCHOLARSHIP 1513850404?
- The employer identification number (EIN) of CECELIA HAND NELSON & MORGAN HAND II MEMORIAL SCHOLARSHIP 1513850404 is 23-7790152.
- Is CECELIA HAND NELSON & MORGAN HAND II MEMORIAL SCHOLARSHIP 1513850404 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to CECELIA HAND NELSON & MORGAN HAND II MEMORIAL SCHOLARSHIP 1513850404 tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CECELIA HAND NELSON & MORGAN HAND II MEMORIAL SCHOLARSHIP 1513850404 file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CECELIA HAND NELSON & MORGAN HAND II MEMORIAL SCHOLARSHIP 1513850404 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 CECELIA HAND NELSON & MORGAN HAND II MEMORIAL SCHOLARSHIP 1513850404 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 CECELIA HAND NELSON & MORGAN HAND II MEMORIAL SCHOLARSHIP 1513850404?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does CECELIA HAND NELSON & MORGAN HAND II MEMORIAL SCHOLARSHIP 1513850404 have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $600,921, expenses of $110,563 and total assets of $1,688,431 at year end.
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