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Nonprofit · EIN 20-1877079

HOWARD AND JENNIFER MICHAELS FAMILY FOUNDATION INC

Tax-exempt · NEW YORK, NY 10017

Financials

$100K$192K2022$99K$207K2023$127K$121K2024
Revenue Expenses · by fiscal year end
Financials of HOWARD AND JENNIFER MICHAELS FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-PF$127,004$120,533$6,471$1,315,722$0$1,315,722
September 30, 2024990-PF$98,511$206,887-$108,376$1,385,006$0$1,385,006
September 30, 2023990-PF$99,530$192,478-$92,948$1,467,252$0$1,467,252
Financial details: 990-PF for the year ended September 30, 2025

Revenue

Dividends
$71,818
Net gain from sales of assets
$52,574
Other income
$2,612

Expenses

Grants and similar amounts paid
$97,300
Disbursements for charitable purposes
$107,820
Excise tax on investment income
$1,600

Balance sheet and other

Total assets, start of year
$1,385,006
Total assets, end of year
$1,315,722
Total liabilities, end of year
$0
Net assets, end of year
$1,315,722
Fair market value of assets
$2,985,095
Qualifying distributions
$107,820
Net investment income
$125,608

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.

NameTitleHours / weekCompensation
JENNIFER MICHAELS
C/O THE CARLTON GRP 535 5TH AVE, NEW YORK, NY 10017
DIRECTOR/PRESIDENT1$0
DAVID KOROSTOFF
C/O GMS GROUP, 111 TOWN SQUARE PLACE, JERSEY CITY, NJ 07310
DIRECTOR/SECRETARY1$0
990-PF for the year ended September 30, 2024: 2 people
NameTitleHours / weekCompensation
JENNIFER MICHAELS
C/O CAS 535 FIFTH AVENUE 4TH FL, NEW YORK, NY 10017
DIRECTOR/PRESIDENT1$0
DAVID KOROSTOFF
C/O GMS GROUP 111 TOWN SQUARE PLACE, SUITE 1234, JERSEY CITY, NJ 07310
DIRECTOR/SECRETARY1$0
990-PF for the year ended September 30, 2023: 2 people
NameTitleHours / weekCompensation
JENNIFER MICHAELS
C/O CAS 535 FIFTH AVENUE 4TH FL, NEW YORK, NY 10017
DIRECTOR/PRESIDENT1$0
DAVID KOROSTOFF
C/O GMS GROUP 111 TOWN SQUARE PLACE, SUITE 1234, JERSEY CITY, NJ 07310
DIRECTOR/SECRETARY1$0

Address and contacts

Address (IRS master file)
C/O THE CARLTON GRP 535 5TH AVE 4FL, NEW YORK, NY 10017-0000
In care of
% KRASS SNOW & SCHMUTTER PC
Signed the 990-PF
JENNIFER BAYER MICHAELS, PRESIDENT
Phone
(212) 716-5616
Return prepared by
FORVIS MAZARS 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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990-PF on file
2023September 30, 2024February 18, 2025990-PF on file

IRS record

EIN
20-1877079
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
2004
Accounting year ends
September
Files
Form 990-PF
Assets (IRS master file)
$1,315,722
Income (IRS master file)
$198,156

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFSeptember 2025$127,004$120,533$1,315,722XML
990-TSeptember 2025–––IRS
990-PFSeptember 2024$98,511$206,887$1,385,006XML
990-TSeptember 2024–––IRS
990-PFSeptember 2023$99,530$192,478$1,467,252XML
990-TSeptember 2023–––IRS
990-PFSeptember 2022–––IRS
990-TSeptember 2022–––IRS
990-PFSeptember 2021–––IRS
990-TSeptember 2021–––IRS
990-PFSeptember 2020–––IRS
990-PFSeptember 2018–––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 20-1877079).

Questions about HOWARD AND JENNIFER MICHAELS FAMILY FOUNDATION INC

What is the EIN of HOWARD AND JENNIFER MICHAELS FAMILY FOUNDATION INC?
The employer identification number (EIN) of HOWARD AND JENNIFER MICHAELS FAMILY FOUNDATION INC is 20-1877079.
Is HOWARD AND JENNIFER MICHAELS FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to HOWARD AND JENNIFER MICHAELS FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HOWARD AND JENNIFER MICHAELS FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of HOWARD AND JENNIFER MICHAELS FAMILY FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOWARD AND JENNIFER MICHAELS FAMILY 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 HOWARD AND JENNIFER MICHAELS FAMILY FOUNDATION INC?
The 990-PF for the year ended September 30, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does HOWARD AND JENNIFER MICHAELS FAMILY FOUNDATION INC have?
On its 990-PF for the year ended September 30, 2025 it reported revenue of $127,004, expenses of $120,533 and total assets of $1,315,722 at year end.

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