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Nonprofit · EIN 13-6163521

RICHARD SALOMON FAMILY FOUNDATION INC

Tax-exempt · NEW YORK, NY 10020

Financials

$461K$1.3M2023$1.2M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of RICHARD SALOMON FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,238,025$1,936,800-$698,775$13,214,334$229,491$12,984,843
December 31, 2023990-PF$461,197$1,325,364-$864,167$13,909,792$225,459$13,684,333
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$371,480
Interest
$5,499
Net gain from sales of assets
$726,677
Other income
$134,369

Expenses

Grants and similar amounts paid
$1,775,134
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,775,134
Excise tax on investment income
$14,962

Balance sheet and other

Total assets, start of year
$13,909,792
Total assets, end of year
$13,214,334
Total liabilities, end of year
$229,491
Net assets, end of year
$12,984,843
Fair market value of assets
$18,875,091
Qualifying distributions
$1,775,134
Net investment income
$1,238,025

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
RICHARD E SALOMON
534 ISLAND DRIVE, PALM BEACH, FL 33480
CHAIRMAN0$0
EVANNE S GARGIULO
610 FIFTH AVENUE 7TH FLOOR, NEW YORK, NY 10020
TREASURER0$0
LAURA A LANDRO
534 ISLAND DRIVE, PALM BEACH, FL 33480
DIRECTOR0$0
CHRISTINA SALOMON
610 FIFTH AVENUE 7TH FLOOR, NEW YORK, NY 10004
DIRECTOR0$0
DAVID SALOMON
610 FIFTH AVENUE 7TH FLOOR, NEW YORK, NY 10004
PRESIDENT0$0
JENNIFER SALOMON
610 FIFTH AVENUE 7TH FLOOR, NEW YORK, NY 10004
SECRETARY35$0
MARLENE HESS
610 FIFTH AVENUE 7TH FLOOR, NEW YORK, NY 10020
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
RICHARD E SALOMON
534 ISLAND DRIVE, PALM BEACH, FL 33480
CHAIRMAN0$0
EVANNE S GARGIULO
610 FIFTH AVENUE 7TH FLOOR, NEW YORK, NY 10020
TREASURER0$0
LAURA A LANDRO
534 ISLAND DRIVE, PALM BEACH, FL 33480
DIRECTOR0$0
CHRISTINA SALOMON
610 FIFTH AVENUE 7TH FLOOR, NEW YORK, NY 10004
DIRECTOR0$0
DAVID SALOMON
610 FIFTH AVENUE 7TH FLOOR, NEW YORK, NY 10004
PRESIDENT0$0
JENNIFER SALOMON
610 FIFTH AVENUE 7TH FLOOR, NEW YORK, NY 10004
SECRETARY35$0
MARLENE HESS
610 FIFTH AVENUE 7TH FLOOR, NEW YORK, NY 10020
DIRECTOR0$0

Address and contacts

Address (IRS master file)
610 5TH AVE RM 506, NEW YORK, NY 10020-2403
In care of
% TAG ASSOCIATES LLC
Signed the 990-PF
DAVID SALOMON, PRESIDENT
Phone
(212) 275-1500
Return prepared by
TAG ASSOCIATES 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 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
13-6163521
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
1964
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$13,214,334
Income (IRS master file)
$3,487,250

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,238,025$1,936,800$13,214,334XML
990-TDecember 2024–––IRS
990-PFDecember 2023$461,197$1,325,364$13,909,792XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 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 13-6163521).

Questions about RICHARD SALOMON FAMILY FOUNDATION INC

What is the EIN of RICHARD SALOMON FAMILY FOUNDATION INC?
The employer identification number (EIN) of RICHARD SALOMON FAMILY FOUNDATION INC is 13-6163521.
Is RICHARD SALOMON FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
Are donations to RICHARD SALOMON FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RICHARD SALOMON FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of RICHARD SALOMON FAMILY 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 RICHARD SALOMON FAMILY 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 RICHARD SALOMON FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does RICHARD SALOMON FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,238,025, expenses of $1,936,800 and total assets of $13,214,334 at year end.

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