Somers Point Foundation For Education

Organization Overview

Somers Point Foundation For Education is located in Somers Point, NJ. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Somers Point Foundation For Education is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Somers Point Foundation For Education generated $18.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $15.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

THE FOUNDATION PROMOTES EDUCATION PROGRAMS OF THE SOMERS POINT SCHOOL DISTRICT BY PROVIDING FUNDS FOR SPECIAL TEACHER PROJECTS AND ACTIVITIES.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$500
Total Program Service Revenue$0
Membership dues$0
Investment income $7,863
Gain or Loss$2,066
Net Income from Gaming & Fundraising$8,235
Other Revenue$40
Total Revenue$18,704

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Somers Point Foundation For Education has recieved totaling $17,500.

Awarding OrganizationAmount
Shore Memorial Hospital

Somers Point, NJ

PURPOSE: PROGRAM SUPPORT

$16,500
John And Jennifer Eckerson Family Foundation

Florham Park, NJ

PURPOSE: GENERAL UNRESTRICTED

$1,000
View Grant Recipient Profile

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