Skip to main content

Nonprofit · EIN 11-6037030

CARL I SCHRAG SCHOLARSHIP FOUNDATION INC

Tax-exempt · FOREST HILLS, NY 11375

Financials

$1$3522023$0$1K2024
Revenue Expenses · by fiscal year end
Financials of CARL I SCHRAG SCHOLARSHIP FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$0$1,102-$1,102$2,772$0$2,772
December 31, 2023990-PF$1$352-$351$3,874$0$3,874
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Expenses

Grants and similar amounts paid
$1,002
Disbursements for charitable purposes
$1,002

Balance sheet and other

Total assets, start of year
$3,874
Total assets, end of year
$2,772
Total liabilities, end of year
$0
Net assets, end of year
$2,772
Fair market value of assets
$2,772
Qualifying distributions
$1,002

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.

NameTitleHours / weekCompensation
Carl Schrag
6768 AUSTIN STREET, FOREST HILLS, NY 11375
Director0$0
Jonah Schrag
215 Katonah Avenue - Ste 2, KATONAH, NY 10536
Director0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Carl Schrag
6768 AUSTIN STREET, FOREST HILLS, NY 11375
Director0$0
Jonah Schrag
215 Katonah Avenue - Ste 2, KATONAH, NY 10536
Director0$0

Address and contacts

Address (IRS master file)
6768 AUSTIN ST, FOREST HILLS, NY 11375-3534
In care of
% ALLEN SCHRAG
Signed the 990-PF
Carl Schrag, Director
Phone
(212) 531-3724
Return prepared by
Abraham C Kalker CPA

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
11-6037030
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
1963
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,772
Income (IRS master file)
$1

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$0$1,102$2,772IRS
990-PFDecember 2023$1$352$3,874XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 11-6037030).

Questions about CARL I SCHRAG SCHOLARSHIP FOUNDATION INC

What is the EIN of CARL I SCHRAG SCHOLARSHIP FOUNDATION INC?
The employer identification number (EIN) of CARL I SCHRAG SCHOLARSHIP FOUNDATION INC is 11-6037030.
Is CARL I SCHRAG SCHOLARSHIP FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
Are donations to CARL I SCHRAG SCHOLARSHIP FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CARL I SCHRAG SCHOLARSHIP FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of CARL I SCHRAG SCHOLARSHIP 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 CARL I SCHRAG SCHOLARSHIP 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 CARL I SCHRAG SCHOLARSHIP FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does CARL I SCHRAG SCHOLARSHIP FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $0, expenses of $1,102 and total assets of $2,772 at year end.

Other nonprofits in FOREST HILLS

All nonprofits in FOREST HILLS · New York