Mission
The 323 SBS Fund is a charitable fund supporting the general mission of Luther Arms,Inc -a Lutheran Church related housing facility in Trenton,NJ
Public Charity
323 SBS FUND INC
323 SBS FUND INC, of Trenton, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $35K in revenue, $35K in expenses, $956K in total assets. IRS filings disclose 11 grants awarded by this foundation, totaling roughly $81K.
EIN: 472912947
Trenton, NJ
Fund Raising & Fund Distribution
NTEE: L12
Latest filing: 2025
Total Revenue$35K
Total Expenses$35K
Total Assets$956K
Grants Given11
Grant Total$81K
Filing Years2021–2025
Where $100 goes at 323 Sbs Fund Inc
How 323 Sbs Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$34
The 323 SBS,Inc Fund is a 501c-3 organization which exists to supplement and enhance the general lives of the Luther Arms,Inc Housing Community,a Sect 8/202 HUD sponsored Housing…
$33
The 323 Sbs Fund began it's charitable activity in 2019.The Fund Management is further exploring the appropriate time frame for charitable activity but it is expected to generate…
$33
The 323 Sbs Fund is a charitable organization organized to generally support the work of the Luther Arms Apartment Building --a Lutheran Church affiliated 501[c]3 located in Trenton,NJ
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
FSKeleekai Educational Foundation
This Grant is for General Support of the work of the Francis Keleekai Founndation.
$7,300
St Bartholomews Lutheran Church
This grant is for support of the general mission and work of the St Bartholomews Lutheran Church in Trenton,NJ
$7,300
This grant is support the general mission and work of Camp Crossroads.
$7,300
This grant is for General Support of the mission and programs of Trenton Track Club.
$7,300
Liberian Mission of USA
gift in support of Rev Francis Keelakii and his educational and mission work in Liberia
$10,000
Showing up to 5 of 11 total records — full history available with membership.
Officers & Directors
Trustee
Albert Cowell
Trustee
David Smith
Trustee
Debra Burd
Trustee
Dennis Mckithen
Trustee
Paul Goepfert
Trustee
Raymond Kolison
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $35K | $35K | $956K |
| 2024 | — | $25K | $868K |
| 2023 | $15K | $29K | $746K |
| 2022 | $20K | $28K | $645K |
| 2021 | $45K | — | $832K |
Between 2021 and 2025, reported annual revenue declined from $45K to $35K (-22%), with total assets most recently reported at $956K.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in NJ, PA.
NJPA
Full geographic grant map with state-by-state breakdown available with membership.