BETA

NSN FOUNDATION INC: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
NSN FOUNDATION INC (EIN 22-3769097)
Tax period
2019-12-01 to 2020-11-30
Filed
2022-05-20
IRS object ID
202211409349101401
Schema version
2019v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-20T15:18:07-05:00ReturnTs
Tax Period End2020-11-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135565207PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1345 Park AvenueAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10154ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-12-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223769097EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NSN Foundation IncBusinessNameLine1Txt
Business Name Line2Attn Ken Slutsky Tax Exempt Inst GrpBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlNSNFBusinessNameControlTxt
Phone9735972510PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19429 Harding Ave Suite 149AddressLine1Txt
CitySurfsideCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33154ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKENNETH J SLUTSKYPersonNm
Person TitlePresidentPersonTitleTxt
Phone9735972510PhoneNum
Signature2022-04-21SignatureDt
Discuss With Paid Preparer0DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJay FreedmanPreparerPersonNm
PTINP01758248PTIN
Phone2127589700PhoneNum
Preparation2022-05-02PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$648,415FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$34,126,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$9,024InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$9,024InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$54,042DividendsRevAndExpnssAmt
Dividends Net Invst Incm$54,042DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$34,189,066TotalRevAndExpnssAmt
Total Net Invst Incm$63,066TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Other Expenses Rev And Expnss$1,719OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$0OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,719TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$40,500,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$40,500,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$40,501,719TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$40,500,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$6,312,653ExcessRevenueOverExpensesAmt
Net Investment Income$63,066NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$6,961,068SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$648,415SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$648,415SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$6,961,068TotalAssetsBOYAmt
Total Assets EOY$648,415TotalAssetsEOYAmt
Total Assets EOYFMV$648,415TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$1,000CapitalStockBOYAmt
Capital Stock EOY$1,000CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$6,960,068RetainedEarningBOYAmt
Retained Earning EOY$647,415RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$6,961,068TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$648,415TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$6,961,068TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$648,415TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$6,961,068TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$6,312,653ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$648,415SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$648,415TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$22,098,306AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$7,477,537NetVlNoncharitableAssetsYr1Amt
Distribution Yr12.955292DistributionYr1Rt
Adjusted Qlfy Distri Yr2$14,199,540AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$2,864,189NetVlNoncharitableAssetsYr2Amt
Distribution Yr24.957613DistributionYr2Rt
Adjusted Qlfy Distri Yr3$0AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$1,881,162NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.000000DistributionYr3Rt
Adjusted Qlfy Distri Yr4$0AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$1,875,168NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.000000DistributionYr4Rt
Adjusted Qlfy Distri Yr5$0AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,874,032NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.000000DistributionYr5Rt
Total Distribution7.912905TotalDistributionRt
Average Distribution1.582581AverageDistributionRt
Net Vl Noncharitable Assets$11,572,346NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$18,314,175AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$631NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$18,314,806AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$40,500,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$631InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$631SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$631TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$6,114EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$6,114TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$5,483OverpaymentAmt
Applied To ES Tax$5,483AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsYes (1)ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateNJOrgReportOrRegisterStateCd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial ContributorsYes (1)NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised FundYes (1)DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksKenneth J Slutsky - TEIGIndividualWithBooksNm
Phone9735972510PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1Lowenstein Sandler One LowensteinAddressLine1Txt
Address Line2DriveAddressLine2Txt
CityRoselandCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07068ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
John L Berger
One Lowenstein DriveRoselandNJ07068Vice President/Asst Secy.0.10$0$0$0
Kenneth J Slutsky
One Lowenstein DriveRoselandNJ07068President/Treasurer0.10$0$0$0
David Mills
1205 Pacific Ave Ste 203Santa CruzCA95060Vice President/Secy.0.10$0$0$0
NISON Mangement LLC
One Lowenstein DriveRoselandNJ07068Member0.20$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$11,748,575AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$11,748,575TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$11,748,575AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$176,229CashDeemedCharitableAmt
Net Vl Noncharitable Assets$11,572,346NetVlNoncharitableAssetsAmt
Minimum Investment Return$578,617MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$578,617MinimumInvestmentReturnAmt
Tax Based On Investment Income$631TaxBasedOnInvestmentIncomeAmt
Total Tax$631TotalTaxAmt
Distributable Before Adj$577,986DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$577,986DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$577,986DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$40,500,000ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$40,500,000QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$631PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$40,499,369AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$577,986DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr2$14,057,251ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$21,727,817ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$35,785,068TotalExcessDistributionCyovAmt
Qualifying Distributions$40,500,000QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$577,986AppliedToCurrentYearAmt
Remaining Distri From Corpus$39,922,014RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$75,707,082TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$75,707,082ExcessDistriCyovToNextYrAmt
Excess From Year2$14,057,251ExcessFromYear2Amt
Excess From Year1$21,727,817ExcessFromYear1Amt
Excess From Current Year$39,922,014ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNISON Mangement LLCContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Jewish Communal FundBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1575 Madison Avenue Ste 703AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeFor the general fund of the charityGrantOrContributionPurposeTxt
Amt$40,500,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$40,500,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$9,024ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$54,042ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$63,066ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$63,066TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
LVB Funding LLC
1ATTN Ken Slutsky One Lowenstein DriRoselandNJ07068$24,126,000Yes (X)
NSN Funding LLC
2ATTN Ken Slutsky One Lowenstein DriRoselandNJ07068$10,000,000Yes (X)

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

IdentifierIdentifierTxtForm And Line ReferenceFormAndLineReferenceDescMedium ExplanationMediumExplanationTxt
SUPPLEMENTAL INFORMATIONForm 990-PF; Part VII-A, Line 3During its taxable year ending November 30, 2021, NSN Foundation, Inc. (the "Foundation"), which previously was incorporated under the laws of the state of New Jersey, re-incorporated under the laws of the state of Florida. As part of that re-incorporation, it adopted new Articles of Incorporation and new By-laws in accordance with Florida law, conformed copies of which were mailed to: Internal Revenue Service, TE/GE-EO Determinations, PO Box 2508, Cincinnati, OH 45201. The Foundation continues to carry out the same exempt purposes as it did prior to the re-incorporation, and its Articles of Incorporation continue to meet the organizational test of section 1.501(c)(3)-1(b) of the Treasury Regulations, including section 1.501(c)(3)-1(b)(4). In addition, in accordance with Revenue Procedure 2018-5, the Foundation confirms that it is a domestic business entity classified as a corporation under section 301.7701-2(b)(1) of the Treasury Regulations, and that the Foundation was in good standing with both the state of New Jersey and the state of Florida as of the time of the re-incorporation and remains in good standing with the state of Florida.
ELECTRONIC FILING STATEMENTForm 990-PFThe foundation timely-filed its November 30, 2020 return in paper form, but it was returned by the Internal Revenue Service on the grounds that it had not been filed electronically. The Taxpayer has since established means of filing the return electronically, is re-filing the November 30, 2020 return electronically, and will file all future returns electronically as required by the Taxpayer First Act.This return is identical to the paper-filed return except for a change in response to Part VII-A, line 10. The response to this question was inadvertently marked "No" in the prior filing.

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescBank ChargesDesc
Revenue And Expenses Per Books$1,719RevenueAndExpensesPerBooksAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NSN Funding LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Attn Ken Slutsky One LowensteinAddressLine1Txt
Address Line2DriveAddressLine2Txt
CityRoselandCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07068ZIPCd

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