Harvard Club of New Jersey

“The club donated money to support Harvard University, specifically $41,166.38 was placed into Harvard funds that provide scholarships to Harvard students from New Jersey. An additional $4,500 in grants were paid to New Jersey Harvard students that interned at New Jersey non-profits. 3 interns were sponsored at $1,500 each for those internships.”

“Other includes fees paid to Stripe, a service that transfers funds from our website to our checking account and charges 2.9% + $0.30 per transfer. In addition, there were expenses for books that were sold to raise funds for our internship programs. Other also includes The Hartford insurance policy, annual reporting fees, and costs associated with events that serve our exempt purpose of fostering fraternity among alumni in northern New Jersey.”

“The actual cash balance at the end of the fiscal year is $36,256.55. The minor difference is solely due to the Form 990 system having rounded off previous entries to the nearest dollar. I made a slight adjustment to make certain the final cash balance would be correct - especially since it carries over as the starting cash balance for next year's return.”