Nonprofit · EIN 23-7093201
THE NATHAN CUMMINGS FOUNDATION INC
Tax-exempt · NEW YORK, NY 10005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $16,214,058 | $30,885,327 | -$14,671,269 | $482,551,138 | $15,819,309 | $466,731,829 |
| December 31, 2023 | 990-PF | $9,417,156 | $26,783,948 | -$17,366,792 | $470,838,848 | $14,465,942 | $456,372,906 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $8,403,548
- Net gain from sales of assets
- $7,557,530
- Other income
- $252,980
Expenses
- Grants and similar amounts paid
- $18,244,500
- Compensation of officers, directors and key employees
- $1,010,654
- Salaries, compensation and benefits (total)
- $2,480,211
- Disbursements for charitable purposes
- $24,448,521
- Excise tax on investment income
- $250,615
Balance sheet and other
- Total assets, start of year
- $470,838,848
- Total assets, end of year
- $482,551,138
- Total liabilities, end of year
- $15,819,309
- Net assets, end of year
- $466,731,829
- Fair market value of assets
- $482,551,138
- Qualifying distributions
- $25,223,521
- Net investment income
- $25,755,717
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 | Other / benefits |
|---|---|---|---|---|
| MR REYNARD RAMSEY 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | PRESIDENT & CEO | 40 | $475,000 | $66,241 |
| MR BOB BANCROFT 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | VP, FINANCE & MISSION INVESTING | 40 | $340,086 | $75,545 |
| MS PAULETTE HARPER 120 WALL STREET 26TH FLOOR, NEW YORK, NY 10005 | VP, PEOPLE & CULTURE Highest-paid employee | 40 | $302,580 | $78,680 |
| MS KRISTI WHITFIELD 120 WALL STREET 26TH FLOOR, NEW YORK, NY 10005 | CIO & SR DIR, RACIAL Highest-paid employee | 40 | $250,920 | $78,535 |
| MS LAURA CAMPOS 120 WALL STREET 26TH FLOOR, NEW YORK, NY 10005 | SR DIR, ECONOMIC JUS Highest-paid employee | 40 | $201,739 | $68,022 |
| MR ISAAC LURIA 120 WALL STREET 26TH FLOOR, NEW YORK, NY 10005 | SR DIR, PLACE BASED Highest-paid employee | 40 | $201,246 | $68,022 |
| MS JANET DISLA 120 WALL STREET 26TH FLOOR, NEW YORK, NY 10005 | DIRECTOR OF ASSET MA Highest-paid employee | 40 | $180,000 | $39,858 |
| MR NEALON DEVORE 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | CHIEF OF STAFF & BOARD LIASON | 40 | $155,568 | $28,410 |
| MR PHILLIP SORENSEN 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $40,000 | $0 |
| MS JAIMIE MAYER 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | CHAIR, TRUSTEE | 4 | $0 | $0 |
| MS AMY SORENSEN 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | VICE CHAIR, TRUSTEE | 4 | $0 | $0 |
| MS REBECCA GREGG 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | SECRETARY, TRUSTEE | 4 | $0 | $0 |
| MR ADAM N CUMMINGS 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TREASURER, TRUSTEE | 4 | $0 | $0 |
| MS ALICE RHEE 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 | $0 |
| MR DANIEL TELLALIAN 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR JARRETT BARRIOS 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 |
| MS MELISSA BRADLEY 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 |
| MR JAMES CUMMINGS 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 |
| MS ROBERTA CUMMINGS 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 |
| MS RUTH CUMMINGS 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 |
| MR RICH DEITCHMAN 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 |
| MS GABRIELLA MORRIS 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 |
990-PF for the year ended December 31, 2023: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MR REYNARD RAMSEY 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | PRESIDENT & CEO | 40 | $427,178 | $59,179 |
| MS LAVASTIAN GLENN 120 WALL STREET 26TH FLOOR, NEW YORK, NY 10005 | VICE PRESIDENT, PROG Highest-paid employee | 40 | $422,966 | $45,360 |
| MR BOB BANCROFT 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | VP, FIN & MISSION INVEST, ASST TREAS | 40 | $348,228 | $78,489 |
| MS PAULETTE HARPER 120 WALL STREET 26TH FLOOR, NEW YORK, NY 10005 | VICE PRESIDENT, PEOP Highest-paid employee | 40 | $312,564 | $92,000 |
| MR ISAAC LURIA 120 WALL STREET 26TH FLOOR, NEW YORK, NY 10005 | SR DIRECTOR, PLACE B Highest-paid employee | 40 | $225,110 | $89,228 |
| MS LAURA CAMPOS 120 WALL STREET 26TH FLOOR, NEW YORK, NY 10005 | SR DIRECTOR, ECONOMI Highest-paid employee | 40 | $202,408 | $84,349 |
| MS KRISTINA NIETO 120 WALL STREET 26TH FLOOR, NEW YORK, NY 10005 | DIRECTOR OF FINANCE Highest-paid employee | 40 | $199,350 | $73,217 |
| MR NEALON DEVORE 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | CHIEF OF STAFF, ASST SECRETARY | 40 | $162,148 | $60,977 |
| MS JAIMIE MAYER 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | CHAIR, TRUSTEE | 4 | $0 | $0 |
| MS AMY SORENSEN 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | VICE CHAIR, TRUSTEE | 4 | $0 | $0 |
| MS REBECCA GREGG 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | SECRETARY, TRUSTEE | 4 | $0 | $0 |
| MR ADAM N CUMMINGS 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TREASURER, TRUSTEE | 4 | $0 | $0 |
| MS ALICE RHEE 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 | $0 |
| MR DANIEL TELLALIAN 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 | $0 |
| MR JARRETT BARRIOS 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 | $0 |
| MS MELISSA BRADLEY 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 | $0 |
| MR JAMES CUMMINGS 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 | $0 |
| MS ROBERTA CUMMINGS 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 | $0 |
| MS RUTH CUMMINGS 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 | $0 |
| MR RICH DEITCHMAN 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 | $0 |
| MS GABRIELLA MORRIS 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 | $0 |
| MR PHILLIP SORENSEN 120 WALL STREET 26TH FL, NEW YORK, NY 10005 | TRUSTEE | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 120 WALL STREET 26TH FLOOR, NEW YORK, NY 10005-4005
- In care of
- % RAHMAN MOHAMAD
- Signed the 990-PF
- BOB BANCROFT, VP, FINANCE
- Phone
- (212) 787-7300
- Website
- WWW.NATHANCUMMINGS.ORG
- Return prepared by
- CLARK NUBER PS
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
- 23-7093201
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $482,551,138
- Income (IRS master file)
- $42,511,048
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $16,214,058 | $30,885,327 | $482,551,138 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $9,417,156 | $26,783,948 | $470,838,848 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 23-7093201).
Questions about THE NATHAN CUMMINGS FOUNDATION INC
- What is the EIN of THE NATHAN CUMMINGS FOUNDATION INC?
- The employer identification number (EIN) of THE NATHAN CUMMINGS FOUNDATION INC is 23-7093201.
- Is THE NATHAN CUMMINGS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to THE NATHAN CUMMINGS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE NATHAN CUMMINGS FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE NATHAN CUMMINGS FOUNDATION INC 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 THE NATHAN CUMMINGS FOUNDATION INC 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 THE NATHAN CUMMINGS FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 22 people; 9 received compensation from the organization, the highest $475,000 (MR REYNARD RAMSEY, PRESIDENT & CEO).
- How much revenue does THE NATHAN CUMMINGS FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $16,214,058, expenses of $30,885,327 and total assets of $482,551,138 at year end.
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