Nonprofit · EIN 23-7009667
MARGOLIS FOUNDATION INC
Tax-exempt · NEW YORK, NY 10036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $53,566 | $23,100 | $30,466 | $391,820 | $0 | $391,820 |
| December 31, 2024 | 990-PF | $15,878 | $21,636 | -$5,758 | $361,354 | $0 | $361,354 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $20,075
- Net gain from sales of assets
- $33,491
Expenses
- Grants and similar amounts paid
- $23,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $23,000
- Excise tax on investment income
- $745
Balance sheet and other
- Total assets, start of year
- $361,354
- Total assets, end of year
- $391,820
- Total liabilities, end of year
- $0
- Net assets, end of year
- $391,820
- Fair market value of assets
- $465,307
- Qualifying distributions
- $23,000
- Net investment income
- $53,566
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NANCY MARGOLIS KING C/O ANDERSEN TAX LLC 1177 6TH AVE, FL 18, NEW YORK, NY 10036 | PRESIDENT/DIRECTOR | 1 | $0 |
| BRIAN MARGOLIS C/O ANDERSEN TAX LLC 1177 6TH AVE, FL 18, NEW YORK, NY 10036 | SECRETARY/DIRECTOR | 1 | $0 |
| JOSEPH P TOCE JR C/O ANDERSEN TAX LLC 1177 6TH AVE, FL 18, NEW YORK, NY 10036 | TREASURER/DIRECTOR | 1 | $0 |
| ROBERT MARGOLIS C/O ANDERSEN TAX LLC 1177 6TH AVE, FL 18, NEW YORK, NY 10036 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NANCY MARGOLIS KING C/O ANDERSEN TAX LLC 1177 6TH AVE, FL 18, NEW YORK, NY 10036 | PRESIDENT/DIRECTOR | 1 | $0 |
| BRIAN MARGOLIS C/O ANDERSEN TAX LLC 1177 6TH AVE, FL 18, NEW YORK, NY 10036 | SECRETARY/DIRECTOR | 1 | $0 |
| JOSEPH P TOCE JR C/O ANDERSEN TAX LLC 1177 6TH AVE, FL 18, NEW YORK, NY 10036 | TREASURER/DIRECTOR | 1 | $0 |
| ROBERT MARGOLIS C/O ANDERSEN TAX LLC 1177 6TH AVE, FL 18, NEW YORK, NY 10036 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1177 6TH AVE 18 FL, NEW YORK, NY 10036-2714
- In care of
- % DAVID I MARGOLIS
- Signed the 990-PF
- JOSEPH P TOCE JR, TREASURER / DIRECTOR
- Phone
- (646) 213-5100
- Return prepared by
- ANDERSEN TAX 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF 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
- 23-7009667
- 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
- 1969
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $391,820
- Income (IRS master file)
- $259,382
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $26,725 | $26,678 | $367,112 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 MARGOLIS FOUNDATION INC
- What is the EIN of MARGOLIS FOUNDATION INC?
- The employer identification number (EIN) of MARGOLIS FOUNDATION INC is 23-7009667.
- Is MARGOLIS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
- Are donations to MARGOLIS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MARGOLIS FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MARGOLIS FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARGOLIS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of MARGOLIS FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does MARGOLIS FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $53,566, expenses of $23,100 and total assets of $391,820 at year end.
Other nonprofits in NEW YORK
- NEW YORK UNIVERSITY EIN 13-5562308 · last filed 990 for 2025
- HEALTHFIRST PHSP INC EIN 13-3783732 · last filed 990 for 2024
- THE NEW YORK AND PRESBYTERIAN HOSPITAL EIN 13-3957095 · last filed 990 for 2024
- NYU LANGONE HOSPITALS EIN 13-3971298 · last filed 990 for 2025
- MEMORIAL SLOAN-KETTERING CANCER CENTER EIN 91-2154267 · last filed 990 for 2024
- TRUSTEES OF COLUMBIA UNIVERSITY EIN 13-5598093 · last filed 990 for 2025
- HEALTHFIRST HEALTH PLAN INC EIN 11-3029569 · last filed 990 for 2024
- GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC EIN 31-1774905 · last filed 990 for 2024