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Nonprofit · EIN 13-3157570

THE COMMON SENSE FUND INC

Tax-exempt · GREENWICH, CT 06831

Financials

$2.1M$3.4M2023$3.4M$4.2M2024
Revenue Expenses · by fiscal year end
Financials of THE COMMON SENSE FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$3,371,191$4,151,351-$780,160$22,819,304$0$22,819,304
December 31, 2023990-PF$2,122,032$3,419,070-$1,297,038$23,599,464$0$23,599,464
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$600,000
Dividends
$665,559
Net gain from sales of assets
$2,103,071
Other income
$2,561

Expenses

Grants and similar amounts paid
$3,790,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$3,999,058
Excise tax on investment income
$36,850

Balance sheet and other

Total assets, start of year
$23,599,464
Total assets, end of year
$22,819,304
Total liabilities, end of year
$0
Net assets, end of year
$22,819,304
Fair market value of assets
$27,964,654
Qualifying distributions
$3,999,058
Net investment income
$2,770,381

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
TED LOEWENTHAL
10 GLENVILLE ST 1ST FL, GREENWICH, CT 06831
SECRETARY1$0
ADLYN S LOEWENTHAL
10 GLENVILLE ST 1ST FL, GREENWICH, CT 06831
PRESIDENT1$0
ERIC SCHWARTZ
10 GLENVILLE ST 1ST FL, GREENWICH, CT 06831
VP/TREASURER1$0
DAVID SCHWARTZ
10 GLENVILLE ST 1ST FL, GREENWICH, CT 06831
TRUSTEE1$0
CAROLYN SCHWARTZ
10 GLENVILLE ST 1ST FL, GREENWICH, CT 06831
TRUSTEE1$0
DEBRA FRAM
10 GLENVILLE ST 1ST FL, GREENWICH, CT 06831
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
TED LOEWENTHAL
10 GLENVILLE ST 1ST FL, GREENWICH, CT 06831
SECRETARY1$0
ADLYN S LOEWENTHAL
10 GLENVILLE ST 1ST FL, GREENWICH, CT 06831
PRESIDENT1$0
ERIC SCHWARTZ
10 GLENVILLE ST 1ST FL, GREENWICH, CT 06831
VP/TREASURER1$0
DAVID SCHWARTZ
10 GLENVILLE ST 1ST FL, GREENWICH, CT 06831
TRUSTEE1$0
CAROLYN SCHWARTZ
10 GLENVILLE ST 1ST FL, GREENWICH, CT 06831
TRUSTEE1$0
DEBRA FRAM
10 GLENVILLE ST 1ST FL, GREENWICH, CT 06831
TRUSTEE1$0

Address and contacts

Address (IRS master file)
10 GLENVILLE ST STE 2, GREENWICH, CT 06831-3680
In care of
% ERIC SCHWARTZ
Signed the 990-PF
ERIC SCHWARTZ, VP/TREASURER
Phone
(203) 531-7480
Return prepared by
CITRIN COOPERMAN 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
13-3157570
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)
$22,819,304
Income (IRS master file)
$7,498,553

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,371,191$4,151,351$22,819,304IRS
990-PFDecember 2023$2,122,032$3,419,070$23,599,464XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 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 13-3157570).

Questions about THE COMMON SENSE FUND INC

What is the EIN of THE COMMON SENSE FUND INC?
The employer identification number (EIN) of THE COMMON SENSE FUND INC is 13-3157570.
Is THE COMMON SENSE FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to THE COMMON SENSE FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE COMMON SENSE FUND INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THE COMMON SENSE FUND 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 THE COMMON SENSE FUND 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 THE COMMON SENSE FUND INC?
The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does THE COMMON SENSE FUND INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,371,191, expenses of $4,151,351 and total assets of $22,819,304 at year end.

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