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

Nonprofit · EIN 87-2540886

NEW HOPE SCHOLARSHIP FUND CORP

Tax-exempt · NEW YORK, NY 10118

Financials

$3K$3K2023$750$3K2024
Revenue Expenses · by fiscal year end
Financials of NEW HOPE SCHOLARSHIP FUND CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$750$2,581-$1,831$60$0$60
December 31, 2023990$2,500$3,262-$762$1,891$0$1,891
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$750
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Management and general (functional)
$2,581

Balance sheet and other

Total assets, start of year
$1,891
Total assets, end of year
$60
Total liabilities, end of year
$0
Net assets, end of year
$60
Gross unrelated business income
$750
Gross receipts
$750
Employees
0
Volunteers
0
State of legal domicile
NY

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
CARMINE PAPPAGALLODIRECTOR
Trustee or director
0$0
ANDREA OGGIONIDIRECTOR
Trustee or director
0$0
ALDO PANUNZIODIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
CARMINE PAPPAGALLODIRECTOR
Trustee or director
0$0
ANDREA OGGIONIDIRECTOR
Trustee or director
0$0
ALDO PANUNZIODIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
350 5TH AVE STE 3920, NEW YORK, NY 10118-3922
In care of
% ALDO PANUNZIO
Principal officer (990 for 2024)
ANDREA OGGIONI, 350 FIFTH AVE SUITE 3920, NEW YORK, NY 10118
Signed the 990
CARMINE PAPPAGALLO, DIRECTOR
Phone
(212) 588-0022
Return prepared by
FUNARO & CO PC

Mission

TO PROVIDE FUNDING TO PROMOTE EDUCATION FOR UNDERPRIVILEGED PERSONS IN THE US AND ABROAD.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE FUNDING TO PROMOTE EDUCATION FOR UNDERPRIVILEGED PERSONS IN THE US AND ABROAD. WE ALSO PROVIDE MENTORSHIP SUPPORT AND COUNSEL AS WELL AS INTERSHIP EXPERIENCES. ALL MEMBERS AND CONTRIBUTORS ARE COMMITTED IN HELPING STUDENTS IN NEEDS OF PROPER GUIDANCE AND SUPPORT.
    Expenses $2,581 · revenue $750

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

File the 2025 990-N for NEW HOPE SCHOLARSHIP FUND CORP

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
87-2540886
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
2023
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$60
Income (IRS master file)
$750

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$750$2,581$60IRS
990December 2023$2,500$3,262$1,891XML
990December 2022$3,906$1,253$2,653IRS

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 87-2540886).

Questions about NEW HOPE SCHOLARSHIP FUND CORP

What is the EIN of NEW HOPE SCHOLARSHIP FUND CORP?
The employer identification number (EIN) of NEW HOPE SCHOLARSHIP FUND CORP is 87-2540886.
Is NEW HOPE SCHOLARSHIP FUND CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to NEW HOPE SCHOLARSHIP FUND CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW HOPE SCHOLARSHIP FUND CORP file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of NEW HOPE SCHOLARSHIP FUND CORP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW HOPE SCHOLARSHIP FUND CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NEW HOPE SCHOLARSHIP FUND CORP?
The 990 for the year ended December 31, 2024 names ANDREA OGGIONI.
Who are the officers and directors of NEW HOPE SCHOLARSHIP FUND CORP?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does NEW HOPE SCHOLARSHIP FUND CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $750, expenses of $2,581 and total assets of $60 at year end.

Other nonprofits in NEW YORK

All nonprofits in NEW YORK · New York · Philanthropy, voluntarism and grantmaking foundations