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Nonprofit · EIN 13-6121596

SARA CHAIT MEMORIAL FOUNDATION INC

Tax-exempt · NEW YORK, NY 10019

Financials

$178K$348K2023$163K$221K2024$650K$126K2025
Revenue Expenses · by fiscal year end
Financials of SARA CHAIT MEMORIAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$650,497$126,106$524,391$2,973,213$0$2,973,213
December 31, 2024990-PF$163,425$221,155-$57,730$2,451,331$0$2,451,331
December 31, 2023990-PF$178,488$347,966-$169,478$2,511,631$0$2,511,631
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$112,816
Interest
$64
Net gain from sales of assets
$537,617

Expenses

Grants and similar amounts paid
$111,040
Disbursements for charitable purposes
$126,106
Excise tax on investment income
$8,907

Balance sheet and other

Total assets, start of year
$2,451,331
Total assets, end of year
$2,973,213
Total liabilities, end of year
$0
Net assets, end of year
$2,973,213
Fair market value of assets
$2,865,013
Qualifying distributions
$126,106
Net investment income
$650,497

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
LAWRENCE E MAY
40 WEST 77TH STREET APT 4F, NEW YORK, NY 100245128
PRESIDENT0$0
ALISSA SHAPIRO
10370 SWEET BAY COURT, PARKLAND, FL 33076
SECRETARY0$0
SANDRA DIVACK MOSS
211 CENTRAL PARK WEST APT 14J, NEW YORK, NY 10024
TREASURER0$0
DR WARREN ROSENFELD
325 EAST 72ND STREET APT 12B, NEW YORK, NY 10021
TRUSTEE0$0
RACHEL SHAPIRO
8607 TORREY ISLES TERRACE, BOCA RATON, FL 33496
TRUSTEE0$0
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
LAWRENCE E MAY
40 WEST 77TH STREET APT 4F, NEW YORK, NY 100245128
PRESIDENT0$0
ALISSA SHAPIRO
10370 SWEET BAY COURT, PARKLAND, FL 33076
SECRETARY0$0
ALFRED GOLLOMP
27010 GRAND CENTRAL PARKWAY APT24H, FLORAL PARK, NY 110051124
TRUSTEE0$0
SANDRA DIVACK MOSS
211 CENTRAL PARK WEST APT 14J, NEW YORK, NY 10024
TREASURER0$0
DR WARREN ROSENFELD
325 EAST 72ND STREET APT 12B, NEW YORK, NY 10021
TRUSTEE0$0
RACHEL SHAPIRO
8607 TORREY ISLES TERRACE, BOCA RATON, FL 33496
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
LAWRENCE E MAY
40 WEST 77TH STREET APT 4F, NEW YORK, NY 100245128
PRESIDENT0$0
ALISSA SHAPIRO
10370 SWEET BAY COURT, PARKLAND, FL 33076
SECRETARY0$0
ALFRED GOLLOMP
27010 GRAND CENTRAL PARKWAY APT24H, FLORAL PARK, NY 110051124
TRUSTEE0$0
SANDRA DIVACK MOSS
211 CENTRAL PARK WEST APT 14J, NEW YORK, NY 10024
TREASURER0$0
SHELDON BLACKMAN PHD
308 ST JOHN AVENUE, STATEN ISLAND, NY 10314
TRUSTEE0$0
DR WARREN ROSENFELD
325 EAST 72ND STREET APT 12B, NEW YORK, NY 10021
TRUSTEE0$0
RACHEL SHAPIRO
8607 TORREY ISLES TERRACE, BOCA RATON, FL 33496
TRUSTEE0$0

Address and contacts

Address (IRS master file)
1776 BROADWAY STE 1900, NEW YORK, NY 10019-2002
In care of
% LAWRENCE MAY
Signed the 990-PF
LAWRENCE MAY, PRESIDENT
Phone
(212) 489-0100
Return prepared by
AHRENSTEIN & SCHLOSSBERG CPAS 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 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
13-6121596
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
1960
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,973,213
Income (IRS master file)
$654,065

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$650,497$126,106$2,973,213XML
990-PFDecember 2024$163,425$221,155$2,451,331XML
990-PFDecember 2023$178,488$347,966$2,511,631XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 13-6121596).

Questions about SARA CHAIT MEMORIAL FOUNDATION INC

What is the EIN of SARA CHAIT MEMORIAL FOUNDATION INC?
The employer identification number (EIN) of SARA CHAIT MEMORIAL FOUNDATION INC is 13-6121596.
Is SARA CHAIT MEMORIAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1960.
Are donations to SARA CHAIT MEMORIAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SARA CHAIT MEMORIAL FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of SARA CHAIT MEMORIAL FOUNDATION INC 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 SARA CHAIT MEMORIAL FOUNDATION INC 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 SARA CHAIT MEMORIAL FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does SARA CHAIT MEMORIAL FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $650,497, expenses of $126,106 and total assets of $2,973,213 at year end.

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