Nonprofit · EIN 20-5681086
DAVID F AND KAREN K THOMASFOUNDATION
Tax-exempt · RYE, NY 10580
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $235,949 | $209,420 | $26,529 | $4,234,291 | $0 | $4,234,291 |
| December 31, 2023 | 990-PF | $113,583 | $182,067 | -$68,484 | $4,207,762 | $0 | $4,207,762 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $7,950
- Interest
- $227,999
Expenses
- Grants and similar amounts paid
- $200,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $205,100
- Excise tax on investment income
- $3,109
Balance sheet and other
- Total assets, start of year
- $4,207,762
- Total assets, end of year
- $4,234,291
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,234,291
- Fair market value of assets
- $4,234,291
- Qualifying distributions
- $205,100
- Net investment income
- $227,999
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID F THOMAS 345 PURCHASE STREET, RYE, NY 10580 | PRESIDENT | 1 | $0 |
| KAREN K THOMAS 345 PURCHASE STREET, RYE, NY 10580 | TREASURER | 1 | $0 |
| JAMES N BENEDICT 345 PURCHASE STREET, RYE, NY 10580 | SECRETARY | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID F THOMAS 345 PURCHASE STREET, RYE, NY 10580 | PRESIDENT | 1 | $0 |
| KAREN K THOMAS 345 PURCHASE STREET, RYE, NY 10580 | TREASURER | 1 | $0 |
| JAMES N BENEDICT 345 PURCHASE STREET, RYE, NY 10580 | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 345 PURCHASE ST, RYE, NY 10580-1808
- In care of
- % DAVID F THOMAS
- Signed the 990-PF
- DAVID F THOMAS, PRESIDENT
- Phone
- (212) 752-6025
- Return prepared by
- PWC US TAX 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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-5681086
- 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
- 2009
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $4,234,291
- Income (IRS master file)
- $235,949
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $235,949 | $209,420 | $4,234,291 | IRS |
| 990-PF | December 2023 | $113,583 | $182,067 | $4,207,762 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 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 20-5681086).
Questions about DAVID F AND KAREN K THOMASFOUNDATION
- What is the EIN of DAVID F AND KAREN K THOMASFOUNDATION?
- The employer identification number (EIN) of DAVID F AND KAREN K THOMASFOUNDATION is 20-5681086.
- Is DAVID F AND KAREN K THOMASFOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to DAVID F AND KAREN K THOMASFOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DAVID F AND KAREN K THOMASFOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DAVID F AND KAREN K THOMASFOUNDATION 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 DAVID F AND KAREN K THOMASFOUNDATION 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 DAVID F AND KAREN K THOMASFOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does DAVID F AND KAREN K THOMASFOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $235,949, expenses of $209,420 and total assets of $4,234,291 at year end.
Other nonprofits in RYE
- FIVE HILLS FAMILY FOUNDATION EIN 41-2729369 · last filed 990-PF for 2025
- SALICE FAM CHARITABLE TR EIN 22-6902474 · last filed 990-PF for 2024
- SLATTERY FAMILY FOUNDATION INC EIN 47-2568911 · last filed 990-PF for 2025
- BIG DAY FOUNDATION EIN 20-2703380 · last filed 990-PF for 2025
- PATRICIA & BERNARD GOLDSTEIN FAMILYFOUNDATION EIN 20-8800325 · last filed 990-PF for 2025
- THE JOE AND SANDY SAMBERG EIN 26-0469459 · last filed 990-PF for 2025
- KIM FAMILY FOUNDATION INC EIN 83-2752312 · last filed 990-PF for 2025
- BENZAK FOUNDATION EIN 20-3872608 · last filed 990-PF for 2025
All nonprofits in RYE · New York · Philanthropy, voluntarism and grantmaking foundations