Nonprofit · EIN 13-3912580
EMERALD FOUNDATION INC
Tax-exempt · NEW YORK, NY 10005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,391,658 | $2,515,231 | -$1,123,573 | $25,345,254 | $0 | $25,345,254 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,104,470
- Net gain from sales of assets
- $287,188
Expenses
- Grants and similar amounts paid
- $1,547,500
- Compensation of officers, directors and key employees
- $125,000
- Disbursements for charitable purposes
- $2,012,075
- Excise tax on investment income
- $12,420
Balance sheet and other
- Total assets, start of year
- $26,434,742
- Total assets, end of year
- $25,345,254
- Total liabilities, end of year
- $0
- Net assets, end of year
- $25,345,254
- Fair market value of assets
- $29,342,456
- Qualifying distributions
- $2,012,075
- Net investment income
- $1,391,658
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 |
|---|---|---|---|---|
| JAMES P MAHAFFEY 40 WALL ST 35TH FLR, NEW YORK, NY 10005 | Vice President | 40 | $125,000 | $3,750 |
| ANDREW W HEYMANN 40 WALL ST 35TH FLR, NEW YORK, NY 10005 | Pres/director | 8 | $0 | – |
| LUCA CANTELLI 40 WALL ST35TH FLR, NEW YORK, NY 10005 | Director | 0.5 | $0 | – |
| WILLIAM BLUM 40 WALL ST35TH FLR, NEW YORK, NY 10005 | Treasurer | 6 | $0 | – |
| ERIKA KELLERHALS 9053 ESTATE THOMAS STE 101, 00802, VQ | Director | 0.5 | $0 | – |
Address and contacts
- Address (IRS master file)
- 40 WALL ST STE 1703, NEW YORK, NY 10005-1304
- In care of
- % SOLOMON BLUM HEYMANN & STICH
- Signed the 990-PF
- ANDREW W HEYMANN, President
- Phone
- (212) 267-7600
- Return prepared by
- Beacon CPA PC
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
- 13-3912580
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20J)
- Assets (IRS master file)
- $25,345,254
- Income (IRS master file)
- $11,338,907
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $1,031,630 | $2,225,249 | $26,434,742 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 EMERALD FOUNDATION INC
- What is the EIN of EMERALD FOUNDATION INC?
- The employer identification number (EIN) of EMERALD FOUNDATION INC is 13-3912580.
- Is EMERALD FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to EMERALD FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does EMERALD FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of EMERALD 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 EMERALD 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 EMERALD FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $125,000 (JAMES P MAHAFFEY, Vice President).
- How much revenue does EMERALD FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,391,658, expenses of $2,515,231 and total assets of $25,345,254 at year end.
Other nonprofits in NEW YORK
- GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC EIN 31-1774905 · last filed 990 for 2024
- JEWISH COMMUNAL FUND EIN 23-7174183 · last filed 990 for 2025
- ROCKEFELLER PHILANTHROPY ADVISORS INC EIN 13-3615533 · last filed 990 for 2024
- THE JEWISH FEDERATIONS OF NORTH AMERICA INC EIN 13-1624240 · last filed 990 for 2025
- UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTHROPIES OF NY INC EIN 51-0172429 · last filed 990 for 2025
- GOLDMAN SACHS CHARITABLE GIFT FUND EIN 11-3813663 · last filed 990 for 2025
- THE NEW YORK COMMUNITY TRUST EIN 13-3062214 · last filed 990 for 2024
- P E F ISRAEL ENDOWMENT FUNDS INC EIN 13-6104086 · last filed 990 for 2025
All nonprofits in NEW YORK · New York · Philanthropy, voluntarism and grantmaking foundations