Northfield Linwood Kiwanis Foundation Incorporated is located in Northfield, NJ. According to its NTEE Classification (T40) the organization is classified as: Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northfield Linwood Kiwanis Foundation Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SCHOLARSHIPS FOR NEEDY AND/OR EXCEPTIONAL STUDENTS
CONTRIBUTIONS TO CHARITABLE ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Capasso Sr President | 1 | $0 | |
Frank Reeder Vice President | 1 | $0 | |
Jeffrey Wilson Treasurer | 1 | $0 | |
Patrick Arnold Secretary | 1 | $0 | |
Eleanor Granieri Trustee | 1 | $0 | |
John Dunn Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,075 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,795 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,185 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,315 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,063 |
| Total operating and administrative expenses | $1,704 |
| Contributions, gifts, grants paid | $10,500 |
| Total expenses and disbursements | $12,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $21,710 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $133,912 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $155,622 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $10,000 |
| Total liabilities | $10,000 |
Over the last fiscal year, Northfield Linwood Kiwanis Foundation Incorporated has awarded $20,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
DREXEL UNIVERSITY PURPOSE: SCHOLARSHIP-NIJAL B. SHAH | $2,500 |
LEHIGH UNIVERSITY PURPOSE: SCHOLARSHIP-LINDEN WINELAND IV | $2,500 |
ROWAN UNIVERSITY PURPOSE: SCHOLARSHIP-ISABELLE G. SMITH | $2,500 |
UNIVERSITY OF TENNESSEE PURPOSE: SCHOLARSHIP-ALLIE M. SUTTER | $2,500 |
SOMERS POINT PAL PURPOSE: CONTRIBUTION | $500 |
THOMAS JEFFERSON UNIVERSITY PURPOSE: SCHOLARSHIP-EMMA KARVER | $2,500 |