BUSTANY FAMILY FOUNDATION INC

Cite this

Plain text BUSTANY FAMILY FOUNDATION INC. furp.org, nonprofit organization profile, tax years 2021–2024. https://furp.org/org/bustany-family-foundation-inc-673139737. Retrieved 2026-10-23.

APA furp.org. (n.d.). BUSTANY FAMILY FOUNDATION INC [Nonprofit organization profile; tax years 2021–2024]. Retrieved October 23, 2026, from https://furp.org/org/bustany-family-foundation-inc-673139737

MLA “BUSTANY FAMILY FOUNDATION INC.” furp.org, tax years 2021–2024, https://furp.org/org/bustany-family-foundation-inc-673139737. Accessed 23 Oct. 2026.

Retrieved 2026-10-23; covers tax years 2021–2024. Data: furp.org, CC BY 4.0.

2024 · Form 990 · revenue $154K · expenses $184K · assets $1.7M

EIN
67-3139737
Address
15 FOOTES LN, MORRISTOWN, NJ 07960-6304
NTEE code
T22
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
June 2016 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (public charity) Pub 78 ↗
Foundation status
Public charity, 509(a)(2)
Cross-check
ProPublica Nonprofit Explorer

Mission

TO PROVIDE CONTRIBUTIONS TO GENERAL CHARITIES.

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

None of the 2 people listed on these returns reported compensation from the organization. They are listed below.

Officers and directors, no compensation reported

2 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Dr S Ted Bustany PRESIDENT2021-2024 Not reported $0 reported 2
Laufey V Bustany TREASURER2021-2024 Not reported $0 reported 2

People by year

2024 · 2 people listed · none paid · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
DR S TED BUSTANY PRESIDENT- $0$0$0 $02
LAUFEY V BUSTANY TREASURER- $0$0$0 $02
2023 · 2 people listed · none paid · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
DR S TED BUSTANY PRESIDENT- $0$0$0 $02
LAUFEY V BUSTANY TREASURER- $0$0$0 $02
2022 · 2 people listed · none paid · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
DR S TED BUSTANY PRESIDENT- $0$0$0 $02
LAUFEY V BUSTANY TREASURER- $0$0$0 $02
2021 · 2 people listed · none paid · 0 employees
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
DR S TED BUSTANY PRESIDENT- $0$0$0 $02
LAUFEY V BUSTANY TREASURER0 $0$0$0 $02

Highest-paid independent contractors

No independent contractors reported.

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2024 · 1 grant to organizations · $166K
2023 · 1 grant to organizations · $94K
2022 · 1 grant to organizations · $62K
2021 · 1 grant to organizations · $88K

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990 period ending 2024-12-31 · view filing · original 990 ↗
$154,093$183,719 $1,698,118$1,698,118 $100,000$0 -0-
2023 · Form 990 period ending 2023-12-31 · view filing · original 990 ↗
$145,823$94,000 $1,594,248$1,594,248 $110,000$0 -0-
2022 · Form 990 period ending 2022-12-31 · view filing · original 990 ↗
$773$64,183 $1,345,532$1,345,532 $0$0 -0-
2021 · Form 990 period ending 2021-12-31 · view filing · original 990 ↗
$185,491$93,886 $1,656,301$1,656,301 $0$0 -0-

Connected to

Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.

Funders of this organization

1 grantor reported grants to this organization, $407,184 in all, tax years 2018 to 2018. Exact: the grantor wrote this organization's EIN. Fuzzy: the grantor wrote only a name (foundations' 990-PF has no EIN field), matched to the same or a near-identical name in the same state; the name as filed is shown. From the latest return for each grantor and year, so amended returns aren't counted twice. CSV

GrantorTypeMatchYears givenGrantsTotalLatest yearLatest year's amountGrants
DONOR ADVISED CHARITABLE GIVING DAF sponsor Exact 2018 1$407,184 2018$407,184
show

Similar organizations

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
CRUZ FAMILY FOUNDATION INCNJT22 $159,051$221,478 PRESIDENT$0 Same NTEE code T22, revenue within 2x, same state, similar name
THE FLORIN FAMILY FOUNDATION INCNJT22 $156,519$196,487 PRES & TREAS$0 Same NTEE code T22, revenue within 2x, same state, similar name
GABRELLIAN FAMILY FOUNDATION INCNJT22 $156,921$58,182 PRESIDENT$0 Same NTEE code T22, revenue within 2x, same state, similar name
STERN FAMILY FOUNDATIONNJT22 $157,567$285,504 Foundation Mgr.$0 Same NTEE code T22, revenue within 2x, same state, similar name
BOYE FOUNDATION INCNJT22 $145,839$1,343,448 PRESIDENT$0 Same NTEE code T22, revenue within 2x, same state, similar name
EDELFOOS FAMILY FOUNDATIONNJT22 $158,115$159,461 CEO/Secretary/Director$0 Same NTEE code T22, revenue within 2x, same state, similar name
MASCHLER FAMILY FOUNDATIONNJT22 $164,191$370,175 Director$0 Same NTEE code T22, revenue within 2x, same state, similar name
AHI-MD FOUNDATION INCNJT22 $158,726$70,239 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state, similar name
HOWARD AND BETTY SCHWARTZ FAMILY FOUNDATION INCNJT22 $147,267$127,527 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state, similar name
IAN AND MARGARET SMITH FAMILY FOUNDATION INCNJT22 $158,305$98,403 PRESIDENT & TRASURER$0 Same NTEE code T22, revenue within 2x, same state, similar name
RON GALELLA FOUNDATION INCNJT22 $153,956$111,975 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
STONEHENGE FOUNDATION INCNJT22 $148,567$252,650 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
MK CHARITY FOUNDATION INCNJT22 $160,000$214,438 DIRECTOR$0 Same NTEE code T22, revenue within 2x, same state
BERKOWITZ FAMILY CHARITABLE FOUNDATIONNJT22 $150,000$83,500 VICE PRESIDENT$0 Same NTEE code T22, revenue within 2x, same state
SHELLY AND NEIL MITCHELL FAMILY FOUNDATIONNJT22 $159,786$244,286 DIRECTOR$0 Same NTEE code T22, revenue within 2x, same state
FRANCIS AND ROSALIND CUSS FOUNDATION INCNJT22 $149,248$138,326 Pres/Treas$0 Same NTEE code T22, revenue within 2x, same state
THE GEORGE AND RUTH HARMS FOUNDATION INCNJT22 $157,518$181,508 PRESIDENT/TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
SUMMERSAULT FOUNDATIONNJT22 $156,053$207,653 PRESIDENT$0 Same NTEE code T22, revenue within 2x, same state
HIDDEN POND FOUNDATIONNJT22 $144,846$125,493 TRUSTEE$0 Same NTEE code T22, revenue within 2x, same state
THE KELLNER FOUNDATIONNJT22 $164,468$211,248 TRUSTEE - TIME AS REQUIRED$0 Same NTEE code T22, revenue within 2x, same state
APEX SOLUTIONS FOUNDATIONNJT22 $153,424$175,475 COMPLIANCE OFFICER$0 Same NTEE code T22, revenue within 2x, same state
MORRIS AND SUSAN BENUN CHARITABLE FOUNDATION INCNJT22 $156,196$233,106 TRUSTEE/PRESIDENT/TREASURE$0 Same NTEE code T22, revenue within 2x, same state
ESH CHARITABLE FOUNDATIONNJT22 $153,748$180,836 Trustee$0 Same NTEE code T22, revenue within 2x, same state
J RICHARD RAEDER FOUNDATION TRNJT22 $150,115$79,919 TRUSTEE$20,202 Same NTEE code T22, revenue within 2x, same state
DOMINICK RICCI AND ANNA BOYD RICCI FOUNDATIONNJT22 $150,727$205,028 Trustee$12,067 Same NTEE code T22, revenue within 2x, same state

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor$50,0003 12022–2024 BAKER FAMILY FOUNDATION OF CALIFORNIA
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC DAF sponsor$24,5002 12022–2024 BAKER FAMILY FOUNDATION OF CALIFORNIA
GO BIG RED FOUNDATION Private foundation$5,0001 12015–2015 IRA C HERBERT FAMILY FOUNDATION INC

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990 · $183,719 spent · pay $0 · grants $166,200 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $166,200$166,200-- 90.5%
Fees: management $9,155-$9,155- 5.0%
Fees: other services $8,364-$8,364- 4.6%
Total$183,719100%

View the filing

2023 · Form 990 · $94,000 spent · pay $0 · grants $93,500 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $93,500$93,500-- 99.5%
Fees: management $500$500-- 0.5%
Total$94,000100%

View the filing

2022 · Form 990 · $64,183 spent · pay $0 · grants $62,500 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $62,500$62,500-- 97.4%
Fees: other services $1,183$1,183-- 1.8%
Fees: management $500$500-- 0.8%
Total$64,183100%

View the filing

2021 · Form 990 · $93,886 spent · pay $0 · grants $87,710 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $87,710$87,710-- 93.4%
Fees: management $6,176$6,176-- 6.6%
Total$93,886100%

View the filing

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