Public nonprofit record
IDC FOUNDATION INC
EIN 47-2662220 · Scholarships & Student Financial Aid (B82)
What they do
IDC FOUNDATION INC. WAS FOUNDED TO PROVIDE SCHOLARSHIPS HELP UNDERGRADUATE AND PROFESSIONAL STUDENTS PREPARING FOR CAREERS IN THE BUILDING CONSTRUCTION INDUSTRY, INCLUDING BUT NOT LIMITED ARCHITECTURE,CONSTRUCTION, ENGINEERING, INTERIOR DESIGN, PAY COSTS OF THEIR EDUCATION AT EDUCATIONAL INSTITUTIONS THAT ARE EXEMPT FROM TAXATION UNDER EITHER SECTION 501(C)(3) OR 115 INTERNAL REVENUE CODE.IDC WILL FUNDING INTERNSHIPS SUCH AS LONG SUPERVISED APPROVED BY WHICH ENROLLED. GRANTS PURPOSE ENCOURAGING SUPPORTING PURSUING INDUSTRY SUPPORT RESEARCH PROGRAMS RELEVANT INDUSTRY.
Money
Tax year 2024Financial picture
Revenue$3,056,194
Expenses$2,941,193
Assets$31,867,632
Income$14,134,711
Grants given$17,045,625
Average grant$270,565
Stocks and bonds$16,517,630
Accounting fees$26,065
About this charity
- Recognized since
- January 2015
- Location
- 277 Jackson Cres, Centerport, NY 11721
- County
- Suffolk
- In care of
- Raymond Savino
- Primary officer
- Raymond Savino, President/Treas
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- July 1, 2024
- Return type
- 990PF
- Tax preparer
- DAMBROZIONEWMAN & CO LLP
- NTEE classification
- Scholarships & Student Financial Aid (B82)
- IRS tax category
- Scholarships & Student Financial Aid
- Grant-giving organization
- Yes
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 2000
- Deductibility
- 1
- Foundation
- 04
- Organization
- 1
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