Skip to main content

Nonprofit · EIN 87-1325288

MARISA MARTINI PRIVATE FOUNDATION INC

Tax-exempt · WHIPPANY, NJ 07981

Financials

$900K$907K2023$1.6M$1.3M2024$1.5M$1.4M2025
Revenue Expenses · by fiscal year end
Financials of MARISA MARTINI PRIVATE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,528,101$1,404,445$123,656$23,740,313$0$23,740,313
December 31, 2024990-PF$1,556,748$1,303,650$253,098$23,597,917$0$23,597,917
December 31, 2023990-PF$900,322$907,194-$6,872$23,365,035$0$23,365,035
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$1,063,700
Net gain from sales of assets
$464,401

Expenses

Grants and similar amounts paid
$1,166,500
Compensation of officers, directors and key employees
$100,000
Disbursements for charitable purposes
$1,290,781
Excise tax on investment income
$19,869

Balance sheet and other

Total assets, start of year
$23,597,917
Total assets, end of year
$23,740,313
Total liabilities, end of year
$0
Net assets, end of year
$23,740,313
Fair market value of assets
$25,205,825
Qualifying distributions
$1,290,781
Net investment income
$1,528,101

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
Conor Gelson
4604 Trail Crest Cir, Austin, TX 78735
PRESIDENT4$25,000
James Damiano MD
145 W 79th st Apt 9B, NEW YORK, NY 10024
DIRECTOR3$25,000
Elizabeth Dragalin
14 Prospect St, Mendham, NJ 07945
DIRECTOR4$25,000
CHRISTINA GELSON
211A S UNION STREET, ALEXANDRIA, VA 22314
DIRECTOR3$25,000
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Conor Gelson
4604 Trail Crest Cir, Austin, TX 78735
PRESIDENT4$25,000
James Damiano MD
145 W 79th st Apt 9B, NEW YORK, NY 10024
DIRECTOR3$12,500
Elizabeth Dragalin
14 Prospect St, Mendham, NJ 07945
DIRECTOR4$12,500
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Elizabeth Dragalin
14 Prospect St, Mendham, NJ 07945
DIRECTOR4$23,000
James Damiano MD
145 W 79th st Apt 9B, NEW YORK, NY 10024
DIRECTOR3$12,500
LINDA GELSON
200 JEFFERSON PARK SUITE 400, WHIPPANY, NJ 07981
PRESIDENT4$0

Address and contacts

Address (IRS master file)
200 JEFFERSON PARK STE 400, WHIPPANY, NJ 07981-1070
In care of
% REBECCA ALICEA
Signed the 990-PF
Conor Gelson, PRESIDENT
Phone
(973) 435-0690
Return prepared by
WithumSmithBrown 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
87-1325288
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
2022
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$23,740,313
Income (IRS master file)
$15,207,295

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,528,101$1,404,445$23,740,313IRS
990-PFDecember 2024$1,556,748$1,303,650$23,597,917XML
990-PFDecember 2023$900,322$907,194$23,365,035XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––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 87-1325288).

Questions about MARISA MARTINI PRIVATE FOUNDATION INC

What is the EIN of MARISA MARTINI PRIVATE FOUNDATION INC?
The employer identification number (EIN) of MARISA MARTINI PRIVATE FOUNDATION INC is 87-1325288.
Is MARISA MARTINI PRIVATE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to MARISA MARTINI PRIVATE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MARISA MARTINI PRIVATE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MARISA MARTINI PRIVATE 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 MARISA MARTINI PRIVATE 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 MARISA MARTINI PRIVATE FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 4 people; 4 received compensation from the organization, the highest $25,000 (Conor Gelson, PRESIDENT).
How much revenue does MARISA MARTINI PRIVATE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,528,101, expenses of $1,404,445 and total assets of $23,740,313 at year end.

Other nonprofits in WHIPPANY

All nonprofits in WHIPPANY · New Jersey · Philanthropy, voluntarism and grantmaking foundations