Skip to main content

Nonprofit · EIN 13-3556710

SHARON AND LEWIS KORMAN FOUNDATION

Tax-exempt · NEW YORK, NY 10075

Financials

$59K$53K2023$92K$97K2024$116K$80K2025
Revenue Expenses · by fiscal year end
Financials of SHARON AND LEWIS KORMAN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$116,161$79,500$36,661$207,202$0$207,202
December 31, 2024990-PF$92,238$96,794-$4,556$177,876$0$177,876
December 31, 2023990-PF$58,852$53,050$5,802$195,215$0$195,215
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$100,154
Dividends
$4,776
Interest
$23
Net gain from sales of assets
$11,208

Expenses

Grants and similar amounts paid
$79,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$79,500
Excise tax on investment income
$222

Balance sheet and other

Total assets, start of year
$177,876
Total assets, end of year
$207,202
Total liabilities, end of year
$0
Net assets, end of year
$207,202
Fair market value of assets
$241,989
Qualifying distributions
$79,500
Net investment income
$16,007

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
LEWIS J KORMAN
911 PARK AVENUE APT 13A, NEW YORK, NY 100750337
TRUSTEE0.25$0
SHARON G KORMAN
911 PARK AVENUE APT 13A, NEW YORK, NY 100750337
TRUSTEE0.25$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
LEWIS J KORMAN
911 PARK AVENUE APT 13A, NEW YORK, NY 100750337
TRUSTEE0.25$0
SHARON G KORMAN
911 PARK AVENUE APT 13A, NEW YORK, NY 100750337
TRUSTEE0.25$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
LEWIS J KORMAN
911 PARK AVENUE APT 13A, NEW YORK, NY 100750337
TRUSTEE0.25$0
SHARON G KORMAN
911 PARK AVENUE APT 13A, NEW YORK, NY 100750337
TRUSTEE0.25$0

Address and contacts

Address (IRS master file)
911 PARK AVENUE-APT13-A, NEW YORK, NY 10075-0337
In care of
% LEWIS J & SHARON G KORMAN
Signed the 990-PF
LEWIS J KORMAN, TRUSTEE
Phone
(212) 549-0139
Return prepared by
ASH & PARSONT LLP

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
13-3556710
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
1990
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$207,202
Income (IRS master file)
$268,046

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$116,161$79,500$207,202XML
990-PFDecember 2024$92,238$96,794$177,876XML
990-PFDecember 2023$58,852$53,050$195,215XML
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 13-3556710).

Questions about SHARON AND LEWIS KORMAN FOUNDATION

What is the EIN of SHARON AND LEWIS KORMAN FOUNDATION?
The employer identification number (EIN) of SHARON AND LEWIS KORMAN FOUNDATION is 13-3556710.
Is SHARON AND LEWIS KORMAN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to SHARON AND LEWIS KORMAN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SHARON AND LEWIS KORMAN FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SHARON AND LEWIS KORMAN FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SHARON AND LEWIS KORMAN FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of SHARON AND LEWIS KORMAN FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does SHARON AND LEWIS KORMAN FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $116,161, expenses of $79,500 and total assets of $207,202 at year end.

Other nonprofits in NEW YORK

All nonprofits in NEW YORK · New York