Nonprofits›Southmont Foundation Inc

Human Services

Southmont Foundation Inc

SOUTH ORANGE, NJ

Website

Total revenue

$132K

Total expenses

$123K

Net assets

$334K

Grants received

$211K

7 grants

EIN

223146708

Tax year

2024

Mission

Southmount foundation inc helps young men develop the values, skills, and attitudes necessary to be effective in college and later on as fathers, professionals, and citizens. Its activities put a particular emphasis on developing s strong character, forming true friendships and learnings the value of hard work.

Financials

FY 2024

Revenue

Contributions & grants$114K
Program service revenue$11K
Investment income—
Other revenue$7K
Total revenue$132K

Expenses

Grants paid—
Salaries & benefits—
Fundraising—
Other expenses$60K
Total expenses$123K
Total assets$341K
Net assets$334K

People

8 listed

NameRoleCompensation

DONALD RASMUSSON

PRESIDENT

Board

—

1 hrs/wk

ERNESTO DOLORES

TREASURER

Board

—

1 hrs/wk

JUSTIN MAHON

SECRETARY

Board

—

1 hrs/wk

JOHN COVERDALE

DIRECTOR

Board

—

0

DAVID O'BRIEN

DIRECTOR

Board

—

0

ANTHONY MCCARTHY

DIRECTOR

Board

—

0

KEVIN WARD

DIRECTOR

Board

—

0

WAYNE PAULTER

DIRECTOR

Board

—

0

Grants received

Showing 7 of 7

FromAmountPurposeYear
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$20K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
WOODLAWN FOUNDATION
$29K
operations
2020
CRAWFORD FOUNDATION INC
$15K
Unrestricted
2020
WOODLAWN FOUNDATION
$28K
operations
2019
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$6K
For grant recipient's exempt purposes
2019
CRAWFORD FOUNDATION INC
$10K
Operations
2018
WOODLAWN FOUNDATION
$102K
Operations.
2017

Funded by

$211K from 4 funders · 7 grants · 2017–2023

Woodlawn Foundation

$160K · 3 grants · 2017–2020

Crawford Foundation Inc

$25K · 2 grants · 2018–2020

Details

EIN223146708
NTEE codeP20Z
Subsection03
Ruling date1992-11
SOUTHMONT FOUNDATION INC — Mission, Financials & Grants Received | Grantivo