Skip to main content

Nonprofit · EIN 20-1360694

DAVID J SOLOWAY FOUNDATION INC

Tax-exempt · BOYNTON BEACH, FL 33435

Financials

$87K$247K2023$254K$365K2024
Revenue Expenses · by fiscal year end
Financials of DAVID J SOLOWAY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
November 30, 2025990-PF$254,273$365,028-$110,755$2,933,509$1,267,062$1,666,447
November 30, 2024990-PF$87,014$247,076-$160,062$2,480,917$703,715$1,777,202
Financial details: 990-PF for the year ended November 30, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$60,066
Net gain from sales of assets
$194,199
Other income
$8

Expenses

Grants and similar amounts paid
$290,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$300,083
Excise tax on investment income
$1,646

Balance sheet and other

Total assets, start of year
$2,480,917
Total assets, end of year
$2,933,509
Total liabilities, end of year
$1,267,062
Net assets, end of year
$1,666,447
Fair market value of assets
$9,407,205
Qualifying distributions
$300,083
Net investment income
$148,489

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 November 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Karen M Kim
2014 S Federal Hwy B-107, Boynton Beach, FL 33435
Dir1$0
Ian M Millman
2014 S Federal Hwy B-107, Boynton Beach, FL 33435
Dir1$0
David J Soloway
2014 S Federal Hwy B-107, Boynton Beach, FL 33435
Pres, Dir, Treas1$0
990-PF for the year ended November 30, 2024: 4 people
NameTitleHours / weekCompensation
Raymond DeStasio
2014 S FEDERAL HWY B-107, BOYNTON BEACH, FL 33435
Dir1$0
David J Soloway
2014 S FEDERAL HWY B-107, BOYNTON BEACH, FL 33435
Pres, Dir, Treas1$0
IAN MILLMAN
2014 S FEDERAL HWY B-107, BOYNTON BEACH, FL 33435
DIR1$0
KAREN M KIM
2014 S FEDERAL HWY B-107, BOYNTON BEACH, FL 33435
DIR1$0

Address and contacts

Address (IRS master file)
2014 S FEDERAL HWY B-107, BOYNTON BEACH, FL 33435-6908
In care of
% FOUNDATION SOURCE
Signed the 990-PF
David J Soloway, President
Phone
(917) 656-2627
Return prepared by
Foundation Source

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024November 30, 2025April 15, 2026990-PF on file
2023November 30, 2024April 15, 2025990-PF on file
2022November 30, 2023April 15, 2024990-PF on file

IRS record

EIN
20-1360694
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
2007
Accounting year ends
November
Files
Form 990-PF
Assets (IRS master file)
$2,933,509
Income (IRS master file)
$1,486,273

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFNovember 2025–––IRS
990-TNovember 2025–––IRS
990-PFNovember 2024–––IRS
990-TNovember 2024–––IRS
990-PFNovember 2023$94,687$182,788$2,004,984IRS
990-PFNovember 2022–––IRS
990-PFNovember 2021–––IRS
990-TNovember 2021–––IRS
990-PFNovember 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 DAVID J SOLOWAY FOUNDATION INC

What is the EIN of DAVID J SOLOWAY FOUNDATION INC?
The employer identification number (EIN) of DAVID J SOLOWAY FOUNDATION INC is 20-1360694.
Is DAVID J SOLOWAY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to DAVID J SOLOWAY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does DAVID J SOLOWAY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of DAVID J SOLOWAY FOUNDATION INC due?
The return for tax year 2025 (the year ending November 30, 2026) is due April 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DAVID J SOLOWAY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended November 2025.
Who are the officers and directors of DAVID J SOLOWAY FOUNDATION INC?
The 990-PF for the year ended November 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does DAVID J SOLOWAY FOUNDATION INC have?
On its 990-PF for the year ended November 30, 2025 it reported revenue of $254,273, expenses of $365,028 and total assets of $2,933,509 at year end.

Other nonprofits in BOYNTON BEACH

All nonprofits in BOYNTON BEACH · Florida · Philanthropy, voluntarism and grantmaking foundations