EIN 22-3442892

Edison Innovation Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Year formed
1996
Most recent tax filings
2023-12-01
Description
Preserves and promotes Thomas Edison's legacy, benefiting minorities and children through programs, including restoration of the legendary Edison labs.
Total revenues
$621,683
2023
Total expenses
$707,143
2023
Total assets
$2,133,476
2023
Num. employees
3
2023

Program areas at Edison Innovation Foundation

Program service accomplishmentsplease see attachment
Eif's primary goal is to raise $90 million for the restoration and upkeep of Edison's legacy throughout america. On october 9th, 2009, the legendary Edison labs in west orange, nj opened after more than five years of major renovations. These buildings were in critical need of repair, and the collections including, notebooks, early prototypes, and thousands of early recordings were in danger or being lost due to deterioration. The initial focus of this campaign was to support the newly renamed thomas Edison national historical park("tenhp') and associated educational and research efforts in general. However, during this initial phase, eif is also working on individual public sector projects as well as forming alliances with other organizations and foundations in order to achieve educational initiatives. Some recent public sector work is described in section below. (continued on sch o)

Grants made by Edison Innovation Foundation

GranteeGrant descriptionAmount
New Jersey Hall of FameTo Support Mobile Museum$12,500

Who funds Edison Innovation Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation of New JerseyUnrestricted Grant To Support Organization's Exempt Purpose$450,000
PSEG FoundationInvest Newark's Language of Capital$4,000

Personnel at Edison Innovation Foundation

NameTitleCompensation
John P KeeganChairman and President$203,500
Thomas UngerlandExecutive Vice President$82,500
George Q KeeganTreasurer and Secretary$24,860
Wade KnowlesVice President$11,660

Financials for Edison Innovation Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$523,600
Program services$0
Investment income and dividends$46,623
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$51,460
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$621,683

Form 990s for Edison Innovation Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990View PDF
2022-122023-05-15990View PDF
2021-122022-10-25990View PDF
2020-122021-09-15990View PDF
2019-122021-02-09990View PDF
...and 9 more Form 990s
Data update history
December 23, 2023
Received grants
Identified 2 new grant, including a grant for $450,000 from Community Foundation of New Jersey
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 3, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsArts, culture, and humanities nonprofitsMuseumsCharities
Issues
Arts, cultural, and humanitiesHistory
Characteristics
Tax deductible donationsAccepts online donations
General information
Address
1 Riverfront Plaza 3rd Floor
Newark, NJ 07102
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Essex County, NJ
Website URL
thomasedison.org/ 
Phone
(973) 648-0500
IRS details
EIN
22-3442892
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A57: Science and Technology Museums
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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