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Nonprofit · EIN 13-1340512

EQUITABLE FOUNDATION INC

Tax-exempt · NEW YORK, NY 10105

Financials

$21.9M$6.8M2023$9M$7.5M2024
Revenue Expenses · by fiscal year end
Financials of EQUITABLE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$8,983,863$7,475,063$1,508,800$112,407,153$992,523$111,414,630
December 31, 2023990-PF$21,898,403$6,777,945$15,120,458$106,085,926$1,057,142$105,028,784
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,000,000
Dividends
$6,201,210
Net gain from sales of assets
$1,782,653

Expenses

Grants and similar amounts paid
$6,211,326
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$6,648,565
Excise tax on investment income
$110,462

Balance sheet and other

Total assets, start of year
$106,085,926
Total assets, end of year
$112,407,153
Total liabilities, end of year
$992,523
Net assets, end of year
$111,414,630
Fair market value of assets
$112,407,153
Qualifying distributions
$6,648,565
Net investment income
$7,983,863

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
JARIAN KEREKES
C/O EQUITABLE FINANCIAL SERVICES, 7207 IBM DRIVE, CHARLOTTE, NC 28262
CHAIRMAN & PRESIDENT & DIRECTOR40$0
CANDACE SCAPPATOR
C/O EQUITABLE FINANCIAL SERVICES, 8501 IBM DRIVE, CHARLOTTE, NC 28262
CONTROLLER2.5$0
PETER TIAN
C/O EQUITABLE FINANCIAL SERVICES, 1290 AVENUE OF THE AMERICAS, NEW YORK, NY 10104
TREASURER (AS OF 05/2024)0.5$0
JULIA YUN ZHANG
C/O EQUITABLE FINANCIAL SERVICES, 525 WASHINGTON BOULEVARD, JERSEY CITY, NJ 07310
TREASURER (THRU OF 05/2024)0.5$0
MARK PEARSON
C/O EQUITABLE FINANCIAL SERVICES, 1290 AVENUE OF THE AMERICAS, NEW YORK, NY 10104
DIRECTOR (THRU 04/2024)0.5$0
JEFFREY HURD
C/O EQUITABLE FINANCIAL SERVICES, 1290 AVENUE OF THE AMERICAS, NEW YORK, NY 10104
DIRECTOR0.5$0
STEVE JOENK
C/O EQUITABLE FINANCIAL SERVICES, 1290 AVENUE OF THE AMERICAS, NEW YORK, NY 10104
DIRECTOR (AS OF 04/2024)0.5$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
JARIAN KEREKES
C/O EQUITABLE FINANCIAL SERVICES, 7207 IBM DRIVE, CHARLOTTE, NC 28262
CHAIRMAN & PRESIDENT & DIRECTOR40$0
CANDACE SCAPPATOR
C/O EQUITABLE FINANCIAL SERVICES, 8501 IBM DRIVE, CHARLOTTE, NC 28262
CONTROLLER2.5$0
JULIA YUN ZHANG
C/O EQUITABLE FINANCIAL SERVICES, 525 WASHINGTON BOULEVARD, JERSEY CITY, NJ 07310
TREASURER0.5$0
MARK PEARSON
C/O EQUITABLE FINANCIAL SERVICES, 1290 AVENUE OF THE AMERICAS, NEW YORK, NY 10104
DIRECTOR0.5$0
MICHAL LEVY THRU 082023
C/O EQUITABLE FINANCIAL SERVICES, 1290 AVENUE OF THE AMERICAS, NEW YORK, NY 10104
DIRECTOR0.5$0
JEFFREY HURD
C/O EQUITABLE FINANCIAL SERVICES, 1290 AVENUE OF THE AMERICAS, NEW YORK, NY 10104
DIRECTOR0.5$0

Address and contacts

Address (IRS master file)
1345 AVENUE OF THE AMERICAS, NEW YORK, NY 10105-0302
Signed the 990-PF
JARIAN KEREKES, CHAIRMAN & PRESIDENT & DIR.
Phone
(866) 444-6001
Return prepared by
GRANT THORNTON ADVISORS LLC

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
13-1340512
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
1987
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$112,407,153
Income (IRS master file)
$14,431,531

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$8,983,863$7,475,063$112,407,153IRS
990-PFDecember 2023$21,898,403$6,777,945$106,085,926XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about EQUITABLE FOUNDATION INC

What is the EIN of EQUITABLE FOUNDATION INC?
The employer identification number (EIN) of EQUITABLE FOUNDATION INC is 13-1340512.
Is EQUITABLE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to EQUITABLE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does EQUITABLE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of EQUITABLE 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 EQUITABLE 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 EQUITABLE FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does EQUITABLE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $8,983,863, expenses of $7,475,063 and total assets of $112,407,153 at year end.

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