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Nonprofit · EIN 20-8392006

TURKISH PHILANTHROPY FUNDS INC

Tax-exempt · NEW YORK, NY 10036

Financials

$28.4M$12.9M2022$6.2M$9.8M2023$8.7M$6.6M2024
Revenue Expenses · by fiscal year end
Financials of TURKISH PHILANTHROPY FUNDS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,723,427$6,578,234$2,145,193$36,871,399$3,525,743$33,345,656
June 30, 2024990$6,220,008$9,760,452-$3,540,444$35,261,811$4,597,113$30,664,698
June 30, 2023990$28,424,188$12,876,766$15,547,422$36,046,741$3,241,961$32,804,780
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$6,743,739
Program service revenue
$0
Investment income
$2,003,550
Net gain from sales of assets
$1,428,863
Net income from fundraising events
-$23,862
Other revenue
-$23,862

Expenses

Grants and similar amounts paid
$4,947,409
Compensation of officers, directors and key employees
$281,658
Other salaries and wages
$339,509
Salaries, compensation and benefits (total)
$695,773
Professional fundraising fees
$0
Accounting fees
$151,051
Occupancy
$23,823
Travel
$45,715
Program services (functional)
$5,437,439
Management and general (functional)
$1,040,177
Fundraising (functional)
$100,618

Balance sheet and other

Total assets, start of year
$35,261,811
Total assets, end of year
$36,871,399
Total liabilities, end of year
$3,525,743
Net assets, end of year
$33,345,656
Publicly traded securities
$21,642,976
Net assets without donor restrictions
$19,486,225
Net assets with donor restrictions
$13,859,431
Gross receipts
$14,169,761
Employees
7
Volunteers
22
Year formed
2007
State of legal domicile
DE

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 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SENAY ATASELIM YILMAZEXECUTIVE DIRECTOR
Officer
40$196,007$64,515
OZYUREK OZHARARPINARDIRECTOR OF PHILANTHROPY
Highest-paid employee
8$112,982$3,827
LAWRENCE KAYEGENERAL COUNSEL
Trustee or director, Officer
8$0$0
MUSTAFA KEMAL ABADANCHAIR
Trustee or director, Officer
8$0$0
OSMAN COSKUN KURTULUSVICE CHAIR
Trustee or director, Officer
8$0$0
SELIN GULCELIKTREASURER
Trustee or director, Officer
8$0$0
ZEYNEP OGUZ BILIMERSECRETARY
Trustee or director, Officer
10$0$0
AHMET BOZERDIRECTOR
Trustee or director
4$0$0
ALPER DAGLIOGLUDIRECTOR
Trustee or director
4$0$0
AYSEGUL ILDENIZDIRECTOR
Trustee or director
6$0$0
BAHADIR ONALANDIRECTOR
Trustee or director
4$0$0
BATUR BICERDIRECTOR
Trustee or director
4$0$0
CIVAN GKAYDIRECTOR
Trustee or director
4$0$0
DIDEM ALTOPDIRECTOR
Trustee or director
4$0$0
ERSIN KARAOGLUDIRECTOR
Trustee or director
4$0$0
9 more people on this return
NameTitleHours / weekCompensation
ERGUN KIRLIKOVALIDIRECTOR
Trustee or director
4$0
GAMZE ATESDIRECTOR
Trustee or director
4$0
MARIA FIGUEROA KUPCUDIRECTOR
Trustee or director
4$0
METIN NEGRINDIRECTOR
Trustee or director
10$0
MERVE GURSELDIRECTOR
Trustee or director
4$0
ONUR ERZANDIRECTOR
Trustee or director
2$0
SERAN MUDUROGLU TREHANDIRECTOR
Trustee or director
4$0
TAMER SECKINDIRECTOR
Trustee or director
4$0
ULKU ROWEDIRECTOR
Trustee or director
4$0
990 for the year ended June 30, 2024: 22 people
NameTitleHours / weekCompensationOther / benefits
SENAY ATASELIM YILMAZEXECUTIVE DIRECTOR
Officer
40$187,479$56,815
MEHMET KIRDARCO-CHAIR
Trustee or director, Officer
8$0$0
MUSTAFA KEMAL ABADANCO-CHAIR
Trustee or director, Officer
8$0$0
OSMAN COSKUN KURTULUSVICE CHAIR
Trustee or director, Officer
8$0$0
LAWRENCE KAYEGENERAL COUNCIL
Trustee or director, Officer
8$0$0
SELIN GULCELIKTREASURER
Trustee or director, Officer
8$0$0
ZEYNEP OGUZ BILMERSECRETARY
Trustee or director, Officer
10$0$0
AHMET BOZERDIRECTOR
Trustee or director
4$0$0
ALPER DAGLIOGLUDIRECTOR
Trustee or director
4$0$0
AYSEGUL ILDENIZDIRECTOR
Trustee or director
4$0$0
BAHADIR ONALANDIRECTOR
Trustee or director
6$0$0
BATUR BICERDIRECTOR
Trustee or director
4$0$0
CIVAN GOKAYDIRECTOR
Trustee or director
4$0$0
DIDEM ALTOPDIRECTOR
Trustee or director
4$0$0
ERSIN KARAOGLUDIRECTOR
Trustee or director
4$0$0
GULDEN MESARADIRECTOR
Trustee or director
4$0$0
MARIA KUPCU FIGUEROADIRECTOR
Trustee or director
4$0$0
MERVE GURSELDIRECTOR
Trustee or director
4$0$0
METIN NEGRINDIRECTOR
Trustee or director, Officer
4$0$0
ONUR ERZANDIRECTOR
Trustee or director
2$0$0
SERAN TREHANDIRECTOR
Trustee or director
4$0$0
ULKU ROWEDIRECTOR
Trustee or director
4$0$0
990 for the year ended June 30, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
SENAY ATASELIM YILMAZEXECUTIVE DIRECTOR
Officer
40$187,835$54,216
MEHMET KIRDARCHAIRMAN
Trustee or director, Officer
10$0$0
MUSTAFA KEMAL ABADANCO-VICE CHAIR
Trustee or director, Officer
8$0$0
OSMAN COSKUN KURTULUSCO-VICE CHAIR
Trustee or director, Officer
8$0$0
ERSIN KARAOGLUINVESTMENT COMMITTEE CHAIR
Trustee or director, Officer
6$0$0
LAWRENCE KAYESECRETARY
Trustee or director, Officer
4$0$0
SELIN GULCELIKTREASURER
Trustee or director, Officer
4$0$0
AHMET BOZERDIRECTOR
Trustee or director
4$0$0
ALP ONALANDIRECTOR
Trustee or director
4$0$0
AYKUT ATALIDIRECTOR
Trustee or director
4$0$0
AYSEGUL ILDENIZDIRECTOR
Trustee or director
6$0$0
BARBAROS KARAAHMETDIRECTOR
Trustee or director
4$0$0
CIVAN GOKAYDIRECTOR
Trustee or director
4$0$0
DIDEM ALTOPDIRECTOR
Trustee or director
4$0$0
ERGUN KIRLIKOVALIDIRECTOR
Trustee or director
4$0$0
GULDEN MESARADIRECTOR
Trustee or director
4$0$0
MARIA KUPCU FIGUEROADIRECTOR
Trustee or director
4$0$0
MERVE GURSELDIRECTOR
Trustee or director
4$0$0
ONUR ERZANDIRECTOR
Trustee or director
2$0$0
ONUR KARAYALDIRECTOR
Trustee or director
2$0$0
RAHMI SAYDERDIRECTOR
Trustee or director
2$0$0
SERAN TREHANDIRECTOR
Trustee or director
4$0$0
ULKU ROWEDIRECTOR
Trustee or director
4$0$0
ZEYNEP OGUZ BILMERDIRECTOR
Trustee or director
10$0$0

Address and contacts

Address (IRS master file)
1460 BROADWAY, NEW YORK, NY 10036-7329
In care of
% SENAY ATASELIM-YILMAZ
Principal officer (990 for 2024)
SENAY ATASELIM, 1460 BROADWAY, NEW YORK, NY 10036
Signed the 990
SENAY ATASELIM YILMAZ, EXECUTIVE DIRECTOR
Phone
(646) 530-8988
Website
TPFUND.ORG
Return prepared by
GRASSI & CO CPA'S PC

Mission

THE ORGANIZATION'S MISSION IS HELPING INDIVIDUAL AND CORPORATE DONORS REALIZE THEIR PHILANTHROPIC GOALS TO MEET COMMUNITY NEEDS IN THE UNITED STATES OF AMERICA AND IN TURKEY

990 for the year ended June 30, 2025

Program accomplishments

  • COMPETITIVE GRANTMAKING: TPF PARTNERS WITH NON-PROFIT ORGANIZATIONS IN TURKEY WHICH CAN SUBMIT APPLICATIONS TO BE CONSIDERED FOR A GRANT IN THE AREAS OF EDUCATION, GENDER EQUALITY, SOCIAL AND ECONOMIC DEVELOPMENT, AND DISASTER RELIEF. ALL GRANTS ARE APPROVED BY THE BOARD OF DIRECTORS.
    Expenses $2,345,061 · grants $1,855,031
  • PASS THROUGH GRANT-MAKING: TPF PARTNERS WITH NON-PROFIT ORGANIZATIONS IN TURKEY WHICH CAN RAISE FUNDS IN THE USA THROUGH TPF (ONLINE, ETC). THESE FUNDS ARE THEN GRANTED TO THESE ORGANIZATIONS WITH APPROVAL FROM THE BOARD.
    Expenses $2,031,041 · grants $2,031,041
  • DONOR-ADVISED GRANTMAKING: TPF OFFERS CERTAIN FUND TYPES INCLUDING ADVISED DESIGNATED AND FRIENDS OF FUNDS THAT ALLOW DONORS TO REMAIN ENGAGED IN THE GRANTMAKING PROCESS BY SUGGESTING USES FOR THEIR GIFT. DONORS MAKE GRANT RECOMMENDATIONS FOR A GRANT TO A SPECIFIC ORGANIZATION OR A PROJECT ONCE TPF'S STAFF HAVE ENSURED THE RECIPIENT ORGANIZATIONS IS A 501(C)(3) EQUIVALENT (FOR TURKEY) OR IN GOOD STANDING (FOR U.S.) AND THAT THE ORGANIZATION IS FINANCIALLY SOUND AND HAS FILED THE NECESSARY TAX DOCUMENTS. TPF'S BOARD OF DIRECTORS REVIEWS AND APPROVES THE GRANT. GRANTS ARE MONITORED AND EVALUATED BASED ON TPF'S GRANT MANAGEMENT PROCEDURES.
    Expenses $904,914 · grants $904,914
  • SCHOLARSHIP GRANTMAKING. TPF SCHOLARSHIPS HONOR STUDENTS WHO HAVE MADE MEANINGFUL CONTRIBUTIONS THROUGH VOLUNTEER WORK, LEADERSHIP, AND CIVIC ENGAGEMENT. BY PROVIDING FINANCIAL ASSISTANCE, WE EMPOWER THESE STUDENTS TO CONTINUE THEIR EDUCATION AND AMPLIFY THEIR IMPACT.
    Expenses $156,423 · grants $156,423

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-8392006
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$36,871,399
Income (IRS master file)
$14,169,761

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,723,427$6,578,234$36,871,399IRS
990June 2024$6,220,008$9,760,452$35,261,811IRS
990June 2023$28,424,188$12,876,766$36,046,741XML
990June 2022$4,913,066$3,711,745$15,945,628IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 20-8392006).

Questions about TURKISH PHILANTHROPY FUNDS INC

What is the EIN of TURKISH PHILANTHROPY FUNDS INC?
The employer identification number (EIN) of TURKISH PHILANTHROPY FUNDS INC is 20-8392006.
Is TURKISH PHILANTHROPY FUNDS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to TURKISH PHILANTHROPY FUNDS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TURKISH PHILANTHROPY FUNDS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TURKISH PHILANTHROPY FUNDS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TURKISH PHILANTHROPY FUNDS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TURKISH PHILANTHROPY FUNDS INC?
The 990 for the year ended June 30, 2025 names SENAY ATASELIM.
Who are the officers and directors of TURKISH PHILANTHROPY FUNDS INC?
The 990 for the year ended June 30, 2025 lists 24 people; 2 received compensation from the organization, the highest $196,007 (SENAY ATASELIM YILMAZ, EXECUTIVE DIRECTOR).
How much revenue does TURKISH PHILANTHROPY FUNDS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,723,427, expenses of $6,578,234 and total assets of $36,871,399 at year end.

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