Nonprofit · EIN 13-4082016
PAESTUM FOUNDATION INC
Tax-exempt · NEW YORK, NY 10020
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $6,543,369 | $572,518 | $5,970,851 | $56,933,288 | $0 | $56,933,288 |
| September 30, 2024 | 990-PF | $5,947,533 | $1,075,207 | $4,872,326 | $50,962,437 | $0 | $50,962,437 |
| September 30, 2023 | 990-PF | $6,331,873 | $469,022 | $5,862,851 | $46,090,111 | $0 | $46,090,111 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Dividends
- $1,548,195
- Net gain from sales of assets
- $5,014,005
- Other income
- -$18,831
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $82,309
- Excise tax on investment income
- $86,408
Balance sheet and other
- Total assets, start of year
- $50,962,437
- Total assets, end of year
- $56,933,288
- Total liabilities, end of year
- $0
- Net assets, end of year
- $56,933,288
- Fair market value of assets
- $74,419,348
- Qualifying distributions
- $3,932,309
- Net investment income
- $6,565,330
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL HECHT 50 ROCKEFELLER PLAZA, NEW YORK, NY 10020 | DIRECTOR/SECRETARY/TREASURER | 1.5 | $0 |
| JOHN SILBERMAN 145 EAST 57TH STREET, NEW YORK, NY 10022 | DIRECTOR/PRESIDENT | 1 | $0 |
| CLIFFORD ROSS 50 ROCKEFELLER PLAZA, NEW YORK, NY 10020 | DIRECTOR/CHAIRMAN | 1 | $0 |
| JESSICA SOOJIAN 50 ROCKEFELLER PLAZA, NEW YORK, NY 10020 | DIRECTOR/VICE PRESIDENT | 1 | $0 |
990-PF for the year ended September 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL HECHT 50 ROCKEFELLER PLAZA, NEW YORK, NY 10020 | DIRECTOR/SECRETARY/TREASURER | 1.5 | $0 |
| JOHN SILBERMAN 145 EAST 57TH STREET, NEW YORK, NY 10022 | DIRECTOR/PRESIDENT | 1 | $0 |
| CLIFFORD ROSS 50 ROCKEFELLER PLAZA, NEW YORK, NY 10020 | DIRECTOR/CHAIRMAN | 1 | $0 |
| JESSICA SOOJIAN 50 ROCKEFELLER PLAZA, NEW YORK, NY 10020 | DIRECTOR/VICE PRESIDENT | 1 | $0 |
990-PF for the year ended September 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL HECHT 50 ROCKEFELLER PLAZA, NEW YORK, NY 10020 | DIRECTOR/SECRETARY/TREASURER | 1.5 | $0 |
| JOHN SILBERMAN 145 EAST 57TH STREET, NEW YORK, NY 10022 | DIRECTOR/PRESIDENT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 50 ROCKEFELLER PLZ RM 4, NEW YORK, NY 10020-1605
- In care of
- % M HECHT
- Signed the 990-PF
- MICHAEL HECHT, TREASURER
- Phone
- (646) 905-3511
- 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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990-PF on file |
IRS record
- EIN
- 13-4082016
- 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
- 1999
- Accounting year ends
- September
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $56,933,288
- Income (IRS master file)
- $14,497,842
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $6,543,369 | $572,518 | $56,933,288 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990-PF | September 2024 | $5,947,533 | $1,075,207 | $50,962,437 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990-PF | September 2023 | $6,331,873 | $469,022 | $46,090,111 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
| 990-PF | September 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 PAESTUM FOUNDATION INC
- What is the EIN of PAESTUM FOUNDATION INC?
- The employer identification number (EIN) of PAESTUM FOUNDATION INC is 13-4082016.
- Is PAESTUM FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to PAESTUM FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PAESTUM FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PAESTUM FOUNDATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PAESTUM FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who are the officers and directors of PAESTUM FOUNDATION INC?
- The 990-PF for the year ended September 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does PAESTUM FOUNDATION INC have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $6,543,369, expenses of $572,518 and total assets of $56,933,288 at year end.
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