Connect 4 Business Exchange is a private foundation focused on Education, based in LIVINGSTON, NJ. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $10K in total assets. In 2023, it made $660 in qualifying distributions.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$10K
-6.2% YoY
Revenue
$22K
+193.3% YoY
Qualifying Distributions
$660
-90.6% YoY
Expenses
$23K
+222.5% YoY
Under IRS private-foundation payout rules, Connect 4 Business Exchange reported a distributable amount of $329 for 2023 — the minimum it must pay out in qualifying distributions.
About Connect 4 Business Exchange
Based on IRS filings
Connect 4 Business Exchange is a private foundation focused on Education, based in LIVINGSTON, NJ. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $10K in total assets. In 2023, it made $660 in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $10,012 | $10,672 | $10,198 |
| Revenue | $22,000 | $7,500 | $1,500 |
| Expenses | $22,660 | $7,026 | $1,762 |
| Qualifying Distributions | $660 | $7,026 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $329 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2023
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2023.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SEJAL LAKHANI-BHATT | BOARD MEMBER - PRESIDENT | 1 | — |
| ARTHUR GRUTT | BOARD MEMBER - TREASURER | 1 | — |
| KENNETH BAGNER | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Connect 4 Business Exchange?
Connect 4 Business Exchange is a private foundation focused on Education, based in LIVINGSTON, NJ. It holds $10K in total assets as of 2023.
How large is Connect 4 Business Exchange?
As of 2023, Connect 4 Business Exchange holds $10K in total assets with $22K in annual revenue.
How much is Connect 4 Business Exchange required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Connect 4 Business Exchange reported a distributable amount of $329 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Connect 4 Business Exchange's EIN?
Connect 4 Business Exchange's EIN (Employer Identification Number) is 82-5131035. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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