Magistro Foundation Inc
Donations deductibleRevenue
$700k
year to 31 December 2025
Expenses
$625k
year to 31 December 2025
Total assets
$9.1m
year to 31 December 2025
Net assets
$9.1m
assets less liabilities
Directors and trustees
9
7.2 years on average
Left since last filing
0
no seats appear to have opened
Activity
T22
Philanthropy, voluntary services and grantmaking
Filings on record
7
latest 2024
Magistro Foundation Inc's network
9 peoplei9 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
9 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Elise Magistro | Director | 2019 | 7 yrs |
| Erica Simpson | Director | 2020 | 6 yrs |
| Gabriel Baumgaertner | Director | 2020 | 6 yrs |
| Ian Simpson | Director | 2019 | 7 yrs |
| Julia Baumgaertner | Company secretary | 2019 | 7 yrs |
| Kevin C Simpson (also filed as Kevin Simpson) | Treasurer | 2018 | 8 yrs |
| Maria Magistro-Sherry | Director | 2020 | 6 yrs |
| Michael Baumgaertner | Director | 2020 | 6 yrs |
| Paulette M Simpson (also filed as Paulette Simpson) | President | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Julia Baumgaertner | Secretary | 2 | $3k | ||
| Paulette Simpson | President | 2 | $0 | ||
| Kevin Simpson | Treasurer | 1 | $0 | ||
| Elise Magistro | Director | 1 | $0 | ||
| Maria Magistro-Sherry | Director | 1 | $0 | ||
| Ian Simpson | Director | 1 | $0 | ||
| Michael Baumgaertner | Director | 1 | $0 | ||
| Erica Simpson | Director | 1 | $0 | ||
| Gabriel Baumgaertner | Director | 1 | $0 |
About
- Legal name
- Magistro Foundation Inc
- EIN
- 680527894
- Address
- Po Box 1532, Pennington, NJ, 08534-0691
- State
- New Jersey
- Activity (NTEE)
- T22 Philanthropy, voluntary services and grantmaking
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Philanthropy, Voluntarism & Grantmaking Foundations
- Size band
- 7 (IRS master file code)
- IRS ruling date
- 1 December 2002
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PF (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsKevin C Simpson
≥8years on the filingsPaulette M Simpson
≥7years on the filingsElise Magistro
≥7years on the filingsIan Simpson
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $9.1m
- Net assets or fund balances
- $9.1m
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $0 | $676k | Deficit $676k |
As filed on the IRS Form 990. US dollars.