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EIN 20-4154914

MagyarBank Charitable Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
New Brunswick
State
New Jersey
Year formed
2007
Most recent tax filings
2023-09-01
NTEE code, primary
T20: Private Foundations
Description
The MagyarBank Charitable Foundation is a private foundation located in New Brunswick, NJ that primarily funds support for housing programs, nationally recognized education and community engagement programs, support for homeless individuals, and mobile hygiene programs. Its purpose is to support education, health and human services (HHS), and youth services. The foundation made 26 grants last year to various beneficiaries including the State Theatre Regional Arts Center At New Brunswick Inc and others.
Total revenues
$26,806
2023
Total expenses
$86,978
2023
Total assets
$663,669
2023
Num. employees
0
2023

Program areas at MagyarBank Charitable Foundation

Education
Health and human services hhs
Youth services

Grants made by MagyarBank Charitable Foundation

GranteeGrant descriptionAmount
The State Theatre Regional Arts Center at New BrunswickSupport for Classical Programs, Ukrain and Rec Cross$10,000
Central Jersey Housing Resource CenterSupport for Housing Program$5,000
Brain Injury Alliance of New Jersey (BIANJ)Support for the Brain Injury Program$5,000
...and 13 more grants made

Personnel at MagyarBank Charitable Foundation

NameTitleCompensation
John ReissnerPresident$0

Financials for MagyarBank Charitable Foundation

RevenuesFYE 09/2023
Total grants, contributions, etc.$100
Investment income and dividends$13,384
Net rental income$0
Net gain from sale of non-inventory assets$13,322
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$26,806

Form 990s for MagyarBank Charitable Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-07-31990PFView PDF
2022-092023-07-18990PFView PDF
2021-092022-08-09990PFView PDF
2020-092021-08-10990PFView PDF
2019-092020-11-13990PFView PDF
...and 8 more Form 990s
Data update history
August 25, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 20, 2023
Used new vendors
Identified 1 new vendor, including
August 10, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 17, 2023
Updated personnel
Identified 1 new personnel
July 1, 2022
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Homelessness
Characteristics
Provides grantsCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
Address
400 Somerset St
New Brunswick, NJ 08901
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Middlesex County, NJ
Phone
(732) 342-7600
IRS details
EIN
20-4154914
Fiscal year end
September
Taxreturn type
Form 990-PF
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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