Forrestal Investment Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222968912 ✦ Princeton, NJ ✦ Designated as a 501(c)(2)

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Overview

What is Forrestal Investment Corporation?

Forrestal Investment Corporation serves as a Title Holding company, maintaining investments on behalf of The Trustees of Princeton University. As a nonprofit entity, Princeton University is exempt from taxation under IRC Section 501(c)(3). Forrestal Investment Corporation's role is to manage these investments, contributing to the financial wellbeing of this esteemed educational institution. The corporation acts as a steward, ensuring the investments are managed responsibly and effectively for the benefit of Princeton University, thus supporting its continued growth and mission of imparting knowledge.

Is Forrestal Investment Corporation legitimate?

Forrestal Investment Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Forrestal Investment Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Forrestal Investment Corporation?

Forrestal Investment Corporation serves as a title holding company, with its primary mission being to manage investments on behalf of The Trustees of Princeton University. This educational institution is exempt from tax under IRC Section 501(c)(3). The corporation's role is to ensure the financial well-being of Princeton University, contributing to its continued operation and growth as a renowned academic institution.

In essence, Forrestal Investment Corporation acts as a steward of financial resources for Princeton University, utilizing its expertise to secure optimal returns and ensure the long-term financial stability of the institution. By doing so, the corporation supports the educational mission of Princeton University, enabling it to provide high-quality education and research opportunities to its students and the broader academic community.

In summary, Forrestal Investment Corporation functions as a dedicated investment manager for The Trustees of Princeton University, aiming to maximize returns and secure the financial future of the esteemed educational institution.

Who is the CEO of Forrestal Investment Corporation?

Unavailable

What is the revenue of Forrestal Investment Corporation?

Forrestal Investment Corporation's revenue in 2022 was $0.

Who are the executives of Forrestal Investment Corporation and what are their salaries?


Here are 4 key members and their salaries:


Andrew Golden (President, Trustee)
  • Compensation: $0
  • Related: $6,394,790
  • Other: $2,833,697
James Matteo (Vice President, Trustee)
  • Compensation: $0
  • Related: $578,918
  • Other: $63,636
Jonathan Erickson (Secretary, Trustee)
  • Compensation: $0
  • Related: $2,293,052
  • Other: $1,019,977
Kenneth Molinaro (Treasurer)
  • Compensation: $0
  • Related: $247,665
  • Other: $59,084
Where can I find the form 990 for Forrestal Investment Corporation?

Forrestal Investment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Forrestal Investment Corporation

Forrestal Investment Corporation serves as a title holding company, playing a crucial role in managing investments on behalf of a distinguished entity: The Trustees of Princeton University. This educational institution, which enjoys tax-exempt status under IRC Section 501(c)(3), is the beneficiary of these investments. By serving in this capacity, Forrestal Investment Corporation contributes to the financial well-being of Princeton University, thereby supporting its educational mission and the broader community it serves.

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Impact




October, 2024

Forrestal Investment Corporation plays a significant role in managing and holding investments that benefit The Trustees of Princeton University. By acting as a title holding company, it ensures that the university can effectively utilize financial resources to support its educational mission. This operation not only enhances Princeton's financial stability but also contributes to the broader community by fostering educational advancement and development. The strategic management of these investments allows the university to fund various programs and initiatives that ultimately serve students, faculty, and the surrounding community, promoting improvement and growth.




This information is meant to be a general summary of Forrestal Investment Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$0 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

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    Organization Details

    Founding Year

    1988

    Main Address

    701 Carnegie Center Suite 445, Princeton, NJ, 08540

    NTEE Category

    Code: S47 - Community improvement

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