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Nonprofiteer
← CENTER FOR DISCOVERY ENDOWMENT FUND INC

Form 990 for tax year 2025

Filed by CENTER FOR DISCOVERY ENDOWMENT FUND INC.

Totals

Total revenue
$966,468
Total expenses
$73,980
Contributions and grants received
$236,611
Grants paid
$0
Program service revenue
$0
Investment income
$729,857
Other revenue
$0
Total assets, end of year
$17,763,396
Total liabilities, end of year
$132,068
Net assets or fund balances, end of year
$17,631,328
Program services expenses (Part IX)
$0
Management and general expenses
$73,980
Fundraising expenses
$0
Program service expenses (Part III)
$0

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $236,611

  • 1g · Noncash contributions included above

    $14,080

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $650,786 · related or exempt $0 · unrelated business $0 · excluded $650,786

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $253,980

  • 7b · Less cost or other basis and sales expenses

    securities $174,909

  • 7c · Gain or loss

    securities $79,071 · other assets $0

  • 7d · Net gain or loss

    total $79,071 · related or exempt $0 · unrelated business $0 · excluded $79,071

  • 8c · Net income from fundraising events

    total $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 11f · Fees: investment management

    total $73,980 · program services $0 · management and general $73,980 · fundraising $0

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 3 · Pledges and grants receivable

    beginning of year $3,566,445 · end of year $1,786,845

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $112,000

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $112,000 · end of year $112,000

  • 11 · Investments: publicly traded securities

    beginning of year $12,472,813 · end of year $13,277,488

  • 12 · Investments: other securities

    beginning of year $301,691 · end of year $532,546

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $46,066 · end of year $2,054,517

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $40,000 · end of year $132,068

  • 27 · Net assets without donor restrictions

    beginning of year $16,459,015 · end of year $17,631,328

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2025

Mission

THE CENTER FOR DISCOVERY ENDOWMENT FUND, INC. WAS FORMED EXCLUSIVELY TO (I) PROVIDE SUPPORT AND ASSISTANCE THROUGH FINANCIAL AID TO THE CENTER FOR DISCOVERY, INC., A NEW YORK STATE NOT-FOR-PROFIT CORPORATION, (II) TO PROMOTE KNOWLEDGE AND AWARENESS OF PROGRAMS AND SERVICES PROVIDED BY THE CENTER FOR DISCOVERY, INC. AND (III) TO ENTER INTO CONTRACTS AND AGREEMENTS AND DO ANY ACTS OR THINGS INCIDENTAL TO OR IN CONNECTION WITH THE ADVANCEMENT THEREOF.

Activities or mission (Part I)

THE CENTER FOR DISCOVERY ENDOWMENT FUND, WAS FORMED EXCLUSIVELY TO (I) PROVIDE SUPPORT AND ASSISTANCE THROUGH AID TO THE CENTER FOR DISCOVERY, INC., A NEW YORK STATE NOT-FOR-PROFIT CORPORATION, (II) TO PROMOTE KNOWLEDGE AND AWARENESS OF PROGRAMS AND SERVICES PROVIDED BY THE CENTER FOR DISCOVERY, INC. AND (III) TO ENTER INTO CONTRACTS AND AGREEMENTS AND DO ANY ACTS OR THINGS INCIDENTAL TO OR IN CONNECTION WITH THE ADVANCEMENT THEREOF.

  • TO PROVIDE SUPPORT AND ASSISTANCE THROUGH FINANCIAL AID TO THE CENTER AND TO PROMOTE KNOWLEDGE AND AWARENESS OF PROGRAMS AND SERVICES PROVIDED BY THE CENTER.

As filed on the 2025 return.

Listed in Part VII

  • Eileen M Naughton

    TREASURER

    Total calculated
    $0
    Hours/week
    0.1 + 6.1 related

  • Ellen Alemany

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    0.1 + 6.4 related

  • Kim Raisler

    SECRETARY AS OF 12/10/25 ; DIRECTOR THRU 12/10/25

    Total calculated
    $0
    Hours/week
    0.1 + 6.1 related

  • Michael J Dubilier

    CHAIRMAN AS OF 12/10/25 ; SECRETARY THRU 12/10/25

    Total calculated
    $0
    Hours/week
    0.1 + 6.3 related

  • Edward C Sweeney

    DIR. AS OF 12/10/25 ; CHAIRPERSON THRU 12/10/25

    Total calculated
    $0
    Hours/week
    0.1 + 8.3 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
25 August 2026
IRS schema version
2025v4.2
Source object
202642379349300414

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