Nonprofit · EIN 23-7034984
JACOB & ROSE OLUM FOUNDATION
Tax-exempt · VESTAL, NY 13850
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $174,077 | $51,507 | $122,570 | $346,753 | $0 | $346,753 |
| December 31, 2024 | 990-PF | $25,729 | $51,361 | -$25,632 | $224,183 | $0 | $224,183 |
| December 31, 2023 | 990-PF | $62,354 | $44,217 | $18,137 | $249,815 | $0 | $249,815 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $9,345
- Interest
- $139
- Net gain from sales of assets
- $164,593
Expenses
- Grants and similar amounts paid
- $39,426
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $43,562
- Excise tax on investment income
- $2,309
Balance sheet and other
- Total assets, start of year
- $224,183
- Total assets, end of year
- $346,753
- Total liabilities, end of year
- $0
- Net assets, end of year
- $346,753
- Fair market value of assets
- $979,582
- Qualifying distributions
- $43,562
- Net investment income
- $174,077
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 |
|---|---|---|---|
| DEBORAH BARER C/O 450 PLAZA DRIVE, VESTAL, NY 13850 | TRUSTEE | 1 | $0 |
| JEFFREY LOEW C/O 450 PLAZA DRIVE, VESTAL, NY 13850 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEBORAH BARER C/O 450 PLAZA DRIVE, VESTAL, NY 13850 | TRUSTEE | 1 | $0 |
| JEFFREY LOEW C/O 450 PLAZA DRIVE, VESTAL, NY 13850 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEBORAH BARER C/O 450 PLAZA DRIVE, VESTAL, NY 13850 | TRUSTEE | 1 | $0 |
| JEFFREY LOEW C/O 450 PLAZA DRIVE, VESTAL, NY 13850 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 450 PLAZA DR, VESTAL, NY 13850-3657
- In care of
- % LEVENE GOULDIN & THOMPSON LLP
- Signed the 990-PF
- JEFFREY A LOEW, TRUSTEE
- Phone
- (607) 763-9200
- Return prepared by
- DAVIDSON FOX & COMPANY 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 | 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
- 23-7034984
- 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)
- $346,753
- Income (IRS master file)
- $225,950
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $174,077 | $51,507 | $346,753 | IRS |
| 990-PF | December 2024 | $25,729 | $51,361 | $224,183 | IRS |
| 990-PF | December 2023 | $62,354 | $44,217 | $249,815 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 23-7034984).
Questions about JACOB & ROSE OLUM FOUNDATION
- What is the EIN of JACOB & ROSE OLUM FOUNDATION?
- The employer identification number (EIN) of JACOB & ROSE OLUM FOUNDATION is 23-7034984.
- Is JACOB & ROSE OLUM FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
- Are donations to JACOB & ROSE OLUM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JACOB & ROSE OLUM FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JACOB & ROSE OLUM FOUNDATION 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 JACOB & ROSE OLUM FOUNDATION 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 JACOB & ROSE OLUM FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does JACOB & ROSE OLUM FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $174,077, expenses of $51,507 and total assets of $346,753 at year end.
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