Nonprofit · EIN 65-0962221
SAVASTANO FAMILY FOUNDATION INC
Tax-exempt · WAYNE, NJ 07470
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $550,031 | $219,866 | $330,165 | $1,200,960 | $0 | $1,200,960 |
| December 31, 2024 | 990-PF | $72,977 | $65,000 | $7,977 | $870,795 | $0 | $870,795 |
| December 31, 2023 | 990-PF | -$17,707 | $53,712 | -$71,419 | $809,070 | $0 | $809,070 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $475,000
- Interest
- $75,031
Expenses
- Grants and similar amounts paid
- $214,500
- Disbursements for charitable purposes
- $214,500
- Excise tax on investment income
- $968
Balance sheet and other
- Total assets, start of year
- $870,795
- Total assets, end of year
- $1,200,960
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,200,960
- Fair market value of assets
- $1,200,960
- Qualifying distributions
- $214,500
- Net investment income
- $75,031
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 |
|---|---|---|---|
| FRANK SAVASTANO 6142 SE LANDING WAY APT 4, STUART, FL 349971805 | Foundation Mgr. | 1 | $0 |
| MILDRED SAVASTANO 6142SE LANDING WAY APT 4, STUART, FL 349971805 | Director | 1 | $0 |
| DAVID SAVASTANO 1145 PINES LAKE DRIVE WEST, WAYNE, NJ 07470 | Director | 10 | $0 |
| THOMAS SAVASTANO PO BOX 721, KEENE, NH 03431 | Director | 1 | $0 |
| DEREK LEE SAVASTANO 1145 PINES LAKE DRIVE WEST, WAYNE, NJ 07470 | Director | 1 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK SAVASTANO 6142 SE LANDING WAY APT 4, STUART, FL 349971805 | Foundation Mgr. | 10 | $0 |
| MILDRED SAVASTANO 6142SE LANDING WAY APT 4, STUART, FL 349971805 | Director | 1 | $0 |
| DAVID SAVASTANO 6142 SE LANDING WAY APT 4, STUART, FL 349971805 | Director | 1 | $0 |
| THOMAS SAVASTANO 6142 SE LANDING WAY APT 4, STUART, FL 349971805 | Director | 1 | $0 |
| DEREK LEE SAVASTANO 6142 SE LANDING WAY APT 4, STUART, FL 349971805 | Director | 0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK SAVASTANO 6142 SE LANDING WAY APT 4, STUART, FL 349971805 | Foundation Mgr. | 10 | $0 |
| MILDRED SAVASTANO 6142SE LANDING WAY APT 4, STUART, FL 349971805 | Director | 1 | $0 |
| DAVID SAVASTANO 6142 SE LANDING WAY APT 4, STUART, FL 349971805 | Director | 1 | $0 |
| THOMAS SAVASTANO 6142 SE LANDING WAY APT 4, STUART, FL 349971805 | Director | 1 | $0 |
| DEREK LEE SAVASTANO 6142 SE LANDING WAY APT 4, STUART, FL 349971805 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1145 PINES LAKE DR W, WAYNE, NJ 07470-6111
- In care of
- % DAVID PRATT PA
- Signed the 990-PF
- DAVID SAVASTANO, Director
- Phone
- (201) 960-5613
- Return prepared by
- Denise Uva
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
- 65-0962221
- 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)
- $1,200,960
- Income (IRS master file)
- $550,031
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $550,031 | $219,866 | $1,200,960 | IRS |
| 990-PF | December 2024 | $72,977 | $65,000 | $870,795 | XML |
| 990-PF | December 2023 | -$17,707 | $53,712 | $809,070 | 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 65-0962221).
Questions about SAVASTANO FAMILY FOUNDATION INC
- What is the EIN of SAVASTANO FAMILY FOUNDATION INC?
- The employer identification number (EIN) of SAVASTANO FAMILY FOUNDATION INC is 65-0962221.
- Is SAVASTANO FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to SAVASTANO FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SAVASTANO FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SAVASTANO FAMILY FOUNDATION INC 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 SAVASTANO FAMILY FOUNDATION INC 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 SAVASTANO FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does SAVASTANO FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $550,031, expenses of $219,866 and total assets of $1,200,960 at year end.
Other nonprofits in WAYNE
- THE A L LEVINE FAMILY FOUNDATION INC EIN 65-0554692 · last filed 990-PF for 2025
- FRANK X WENY & MARY ETHEL WENY CHARITABLE TRUST EIN 31-6636669 · last filed 990-PF for 2024
- DENNIS AND BARBARA MARION FAMILY CHARITABLE FOUNDATION EIN 85-3705226 · last filed 990-PF for 2024
- JOHANNA VAN LENTEN CHARITABLE TR EIN 82-6875863 · last filed 990-PF for 2025
- WAYNE SENIOR HOUSING DEVELOPMENT CORPORATION EIN 35-2580473 · last filed 990 for 2024
- LERNIHAN-SCHRAMM FOUNDATION EIN 27-6212857 · last filed 990-PF for 2025
- JULIA VANDER MAY BAKELAARCHARITABLE TRUST EIN 20-4916787 · last filed 990-PF for 2025
- CIRCLE TRIANGLE FOUNDATION EIN 33-4315588 · last filed 990-PF for 2026
All nonprofits in WAYNE · New Jersey · Philanthropy, voluntarism and grantmaking foundations