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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Dr S Ted Bustany | PRESIDENT | 2021-2024 | Not reported | $0 reported | 2 |
| Laufey V Bustany | TREASURER | 2021-2024 | Not reported | $0 reported | 2 |
People by year
2024 · 2 people listed · none paid · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| DR S TED BUSTANY | PRESIDENT | - | $0 | $0 | $0 | $0 | 2 |
| LAUFEY V BUSTANY | TREASURER | - | $0 | $0 | $0 | $0 | 2 |
2023 · 2 people listed · none paid · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| DR S TED BUSTANY | PRESIDENT | - | $0 | $0 | $0 | $0 | 2 |
| LAUFEY V BUSTANY | TREASURER | - | $0 | $0 | $0 | $0 | 2 |
2022 · 2 people listed · none paid · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| DR S TED BUSTANY | PRESIDENT | - | $0 | $0 | $0 | $0 | 2 |
| LAUFEY V BUSTANY | TREASURER | - | $0 | $0 | $0 | $0 | 2 |
2021 · 2 people listed · none paid · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| DR S TED BUSTANY | PRESIDENT | - | $0 | $0 | $0 | $0 | 2 |
| LAUFEY V BUSTANY | TREASURER | 0 | $0 | $0 | $0 | $0 | 2 |
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.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990 | ||||||||
| $154,093 | $183,719 | $1,698,118 | $1,698,118 | $100,000 | $0 | - | 0 | - |
| 2023 · Form 990 | ||||||||
| $145,823 | $94,000 | $1,594,248 | $1,594,248 | $110,000 | $0 | - | 0 | - |
| 2022 · Form 990 | ||||||||
| $773 | $64,183 | $1,345,532 | $1,345,532 | $0 | $0 | - | 0 | - |
| 2021 · Form 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.
- PAUL NABIL BUSTANY MEMORIAL FUNDFOR SYNOVIAL SARCOMA INC Morristown, NJ · 2 people in common (Dr S Ted Bustany, Laufey V Bustany)
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
| Grantor | Type | Match | Years given | Grants | Total | Latest year | Latest year's amount | Grants |
|---|---|---|---|---|---|---|---|---|
| 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)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| CRUZ FAMILY FOUNDATION INC | NJ | T22 | $159,051 | $221,478 | PRESIDENT | $0 | Same NTEE code T22, revenue within 2x, same state, similar name |
| THE FLORIN FAMILY FOUNDATION INC | NJ | T22 | $156,519 | $196,487 | PRES & TREAS | $0 | Same NTEE code T22, revenue within 2x, same state, similar name |
| GABRELLIAN FAMILY FOUNDATION INC | NJ | T22 | $156,921 | $58,182 | PRESIDENT | $0 | Same NTEE code T22, revenue within 2x, same state, similar name |
| STERN FAMILY FOUNDATION | NJ | T22 | $157,567 | $285,504 | Foundation Mgr. | $0 | Same NTEE code T22, revenue within 2x, same state, similar name |
| BOYE FOUNDATION INC | NJ | T22 | $145,839 | $1,343,448 | PRESIDENT | $0 | Same NTEE code T22, revenue within 2x, same state, similar name |
| EDELFOOS FAMILY FOUNDATION | NJ | T22 | $158,115 | $159,461 | CEO/Secretary/Director | $0 | Same NTEE code T22, revenue within 2x, same state, similar name |
| MASCHLER FAMILY FOUNDATION | NJ | T22 | $164,191 | $370,175 | Director | $0 | Same NTEE code T22, revenue within 2x, same state, similar name |
| AHI-MD FOUNDATION INC | NJ | T22 | $158,726 | $70,239 | TRUSTEE | $0 | Same NTEE code T22, revenue within 2x, same state, similar name |
| HOWARD AND BETTY SCHWARTZ FAMILY FOUNDATION INC | NJ | T22 | $147,267 | $127,527 | TRUSTEE | $0 | Same NTEE code T22, revenue within 2x, same state, similar name |
| IAN AND MARGARET SMITH FAMILY FOUNDATION INC | NJ | T22 | $158,305 | $98,403 | PRESIDENT & TRASURER | $0 | Same NTEE code T22, revenue within 2x, same state, similar name |
| RON GALELLA FOUNDATION INC | NJ | T22 | $153,956 | $111,975 | TRUSTEE | $0 | Same NTEE code T22, revenue within 2x, same state |
| STONEHENGE FOUNDATION INC | NJ | T22 | $148,567 | $252,650 | TRUSTEE | $0 | Same NTEE code T22, revenue within 2x, same state |
| MK CHARITY FOUNDATION INC | NJ | T22 | $160,000 | $214,438 | DIRECTOR | $0 | Same NTEE code T22, revenue within 2x, same state |
| BERKOWITZ FAMILY CHARITABLE FOUNDATION | NJ | T22 | $150,000 | $83,500 | VICE PRESIDENT | $0 | Same NTEE code T22, revenue within 2x, same state |
| SHELLY AND NEIL MITCHELL FAMILY FOUNDATION | NJ | T22 | $159,786 | $244,286 | DIRECTOR | $0 | Same NTEE code T22, revenue within 2x, same state |
| FRANCIS AND ROSALIND CUSS FOUNDATION INC | NJ | T22 | $149,248 | $138,326 | Pres/Treas | $0 | Same NTEE code T22, revenue within 2x, same state |
| THE GEORGE AND RUTH HARMS FOUNDATION INC | NJ | T22 | $157,518 | $181,508 | PRESIDENT/TRUSTEE | $0 | Same NTEE code T22, revenue within 2x, same state |
| SUMMERSAULT FOUNDATION | NJ | T22 | $156,053 | $207,653 | PRESIDENT | $0 | Same NTEE code T22, revenue within 2x, same state |
| HIDDEN POND FOUNDATION | NJ | T22 | $144,846 | $125,493 | TRUSTEE | $0 | Same NTEE code T22, revenue within 2x, same state |
| THE KELLNER FOUNDATION | NJ | T22 | $164,468 | $211,248 | TRUSTEE - TIME AS REQUIRED | $0 | Same NTEE code T22, revenue within 2x, same state |
| APEX SOLUTIONS FOUNDATION | NJ | T22 | $153,424 | $175,475 | COMPLIANCE OFFICER | $0 | Same NTEE code T22, revenue within 2x, same state |
| MORRIS AND SUSAN BENUN CHARITABLE FOUNDATION INC | NJ | T22 | $156,196 | $233,106 | TRUSTEE/PRESIDENT/TREASURE | $0 | Same NTEE code T22, revenue within 2x, same state |
| ESH CHARITABLE FOUNDATION | NJ | T22 | $153,748 | $180,836 | Trustee | $0 | Same NTEE code T22, revenue within 2x, same state |
| J RICHARD RAEDER FOUNDATION TR | NJ | T22 | $150,115 | $79,919 | TRUSTEE | $20,202 | Same NTEE code T22, revenue within 2x, same state |
| DOMINICK RICCI AND ANNA BOYD RICCI FOUNDATION | NJ | T22 | $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).
| Grantor | Type | Total given | Grants | Organizations funded | Years | Which ones |
|---|---|---|---|---|---|---|
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND | DAF sponsor | $50,000 | 3 | 1 | 2022–2024 | BAKER FAMILY FOUNDATION OF CALIFORNIA |
| MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC | DAF sponsor | $24,500 | 2 | 1 | 2022–2024 | BAKER FAMILY FOUNDATION OF CALIFORNIA |
| GO BIG RED FOUNDATION | Private foundation | $5,000 | 1 | 1 | 2015–2015 | 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
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $183,719 | 100% |
2023 · Form 990 · $94,000 spent · pay $0 · grants $93,500 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants to US organizations and governments | $93,500 | $93,500 | - | - | 99.5% | |
| Fees: management | $500 | $500 | - | - | 0.5% | |
| Total | $94,000 | 100% |
2022 · Form 990 · $64,183 spent · pay $0 · grants $62,500 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| 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 | $64,183 | 100% |
2021 · Form 990 · $93,886 spent · pay $0 · grants $87,710 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Grants to US organizations and governments | $87,710 | $87,710 | - | - | 93.4% | |
| Fees: management | $6,176 | $6,176 | - | - | 6.6% | |
| Total | $93,886 | 100% |
Comments