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Nonprofit · EIN 13-3965896

SOROS ECONOMIC DEVELOPMENT FUND

Tax-exempt · NEW YORK, NY 10019

Financials

$46.9M$8.5M2023−$17.8M$17.2M2024
Revenue Expenses · by fiscal year end
Financials of SOROS ECONOMIC DEVELOPMENT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF-$17,780,034$17,152,427-$34,932,461$174,941,278$2,373,433$172,567,845
December 31, 2023990-PF$46,856,690$8,470,220$38,386,470$209,698,195$2,197,889$207,500,306
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Net gain from sales of assets
-$69,755
Other income
-$17,710,279

Expenses

Grants and similar amounts paid
$6,665,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$7,924,402
Excise tax on investment income
$4,726

Balance sheet and other

Total assets, start of year
$209,698,195
Total assets, end of year
$174,941,278
Total liabilities, end of year
$2,373,433
Net assets, end of year
$172,567,845
Fair market value of assets
$174,941,278
Qualifying distributions
$30,209,706
Net investment income
$2,066,522

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
GEORGIA KEOHANE
224 WEST 57TH ST 9TH FLOOR, NEW YORK, NY 10019
CEO40$0
CATHERINE CAX
224 WEST 57TH ST 9TH FLOOR, NEW YORK, NY 10019
DIRECTOR OF INVESTMENT40$0
JAMES BEAVER
224 WEST 57TH ST 9TH FLOOR, NEW YORK, NY 10019
TREASURER40$0
NICOLE STALLWORTH
224 WEST 57TH ST 9TH FLOOR, NEW YORK, NY 10019
SECRETARY40$0
MAIJA ARBOLINO
224 WEST 57TH ST 9TH FLOOR, NEW YORK, NY 10019
DIRECTOR1$0
LEONARD BENARDO
224 WEST 57TH ST 9TH FLOOR, NEW YORK, NY 10019
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
GEORGIA KEOHANE
224 WEST 57TH ST 9TH FLOOR, NEW YORK, NY 10019
CEO40$0
CATHERINE CAX
224 WEST 57TH ST 9TH FLOOR, NEW YORK, NY 10019
DIRECTOR OF INVESTMENT40$0
JAMES BEAVER
224 WEST 57TH ST 9TH FLOOR, NEW YORK, NY 10019
TREASURER40$0
NICOLE STALLWORTH
224 WEST 57TH ST 9TH FLOOR, NEW YORK, NY 10019
SECRETARY40$0
MAIJA ARBOLINO
224 WEST 57TH ST 9TH FLOOR, NEW YORK, NY 10019
DIRECTOR1$0
LEONARD BENARDO
224 WEST 57TH ST 9TH FLOOR, NEW YORK, NY 10019
DIRECTOR1$0

Address and contacts

Address (IRS master file)
224 WEST 57TH ST 9TH FLOOR, NEW YORK, NY 10019-3212
In care of
% JAMES BEAVER
Signed the 990-PF
JAMES BEAVER, TREASURER
Phone
(212) 548-0600
Return prepared by
KPMG 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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
13-3965896
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
1994
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$174,941,278

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024-$17,780,034$17,152,427$174,941,278XML
990-TDecember 2024–––IRS
990-PFDecember 2023$46,856,690$8,470,220$209,698,195XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 13-3965896).

Questions about SOROS ECONOMIC DEVELOPMENT FUND

What is the EIN of SOROS ECONOMIC DEVELOPMENT FUND?
The employer identification number (EIN) of SOROS ECONOMIC DEVELOPMENT FUND is 13-3965896.
Is SOROS ECONOMIC DEVELOPMENT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to SOROS ECONOMIC DEVELOPMENT FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does SOROS ECONOMIC DEVELOPMENT FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of SOROS ECONOMIC DEVELOPMENT FUND 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 SOROS ECONOMIC DEVELOPMENT FUND 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 SOROS ECONOMIC DEVELOPMENT FUND?
The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does SOROS ECONOMIC DEVELOPMENT FUND have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of -$17,780,034, expenses of $17,152,427 and total assets of $174,941,278 at year end.

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