Nonprofit · EIN 11-2626618
WILPON FOUNDATION INC
Tax-exempt · GREAT NECK, NY 11021
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,477,909 | $2,512,355 | -$34,446 | $158,069 | $44,719 | $113,350 |
| December 31, 2023 | 990-PF | $3,681,209 | $3,818,071 | -$136,862 | $154,554 | $8,323 | $146,231 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,477,895
- Dividends
- $14
Expenses
- Grants and similar amounts paid
- $1,165,000
- Compensation of officers, directors and key employees
- $218,145
- Salaries, compensation and benefits (total)
- $542,187
- Disbursements for charitable purposes
- $2,512,357
Balance sheet and other
- Total assets, start of year
- $154,554
- Total assets, end of year
- $158,069
- Total liabilities, end of year
- $44,719
- Net assets, end of year
- $113,350
- Fair market value of assets
- $158,069
- Qualifying distributions
- $2,512,357
- Net investment income
- $14
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Gail Gibson 2024 Edison St, Detroit, MI 48206 | Administrator Highest-paid employee | 40 | $182,763 | $13,890 |
| ROBIN WILPON WACHTLER 1319 WOLVER HOLLOW ROAD, UPPER BROOKVILLE, NY 11771 | President/Director | 40 | $154,500 | $0 |
| Kristen Glasener 422 Pine Brae St, ann arbor, MI 48105 | administrator Highest-paid employee | 40 | $138,814 | $21,459 |
| Shakima M Clency 149 Fairmount Ave, Hackensack, NJ 07601 | Administrator Highest-paid employee | 40 | $132,355 | $15,369 |
| Kimberly Wachtler Steinman 20 Circle Road, Syosset, NY 11791 | Director/Secretary | 40 | $63,645 | $0 |
| FRED WILPON SHEEP LANE, LOCUST VALLEY, NY 11560 | CEO | 0 | $0 | $0 |
| JUDITH WILPON SHEEP LANE, LOCUST VALLEY, NY 11560 | DIRECTOR | 0 | $0 | $0 |
| JEFFREY WILPON 14 BROAD ROAD, GREENWICH, CT 08630 | DIRECTOR/Treasurer | 0 | $0 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gail Gibson 2024 Edison St, Detroit, MI 48206 | Administrator Highest-paid employee | 40 | $151,808 |
| ROBIN WILPON WACHTLER 1319 WOLVER HOLLOW ROAD, UPPER BROOKVILLE, NY 11771 | DIRECTOR/SECY/TREAS | 40 | $150,000 |
| Kristen Glasener 422 Pine Brae St, ann arbor, MI 48105 | administrator Highest-paid employee | 40 | $133,943 |
| Shakima M Clency 149 Fairmount Ave, Hackensack, NJ 07601 | Administrator Highest-paid employee | 40 | $127,685 |
| FRED WILPON SHEEP LANE, LOCUST VALLEY, NY 11560 | PRESIDENT | 0 | $0 |
| JUDITH WILPON SHEEP LANE, LOCUST VALLEY, NY 11560 | DIRECTOR | 0 | $0 |
| JEFFREY WILPON 14 BROAD ROAD, GREENWICH, CT 08630 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 111 GREAT NECK RD STE 408, GREAT NECK, NY 11021-5404
- Signed the 990-PF
- MICHAEL KATZ, PRESIDENT
- Phone
- (516) 504-2145
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 11-2626618
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1983
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $158,069
- Income (IRS master file)
- $2,477,909
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,477,909 | $2,512,355 | $158,069 | XML |
| 990-PF | December 2023 | $3,681,209 | $3,818,071 | $154,554 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-2626618).
Questions about WILPON FOUNDATION INC
- What is the EIN of WILPON FOUNDATION INC?
- The employer identification number (EIN) of WILPON FOUNDATION INC is 11-2626618.
- Is WILPON FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to WILPON FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WILPON FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WILPON FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WILPON FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of WILPON FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 8 people; 5 received compensation from the organization, the highest $182,763 (Gail Gibson, Administrator).
- How much revenue does WILPON FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,477,909, expenses of $2,512,355 and total assets of $158,069 at year end.
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