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Nonprofit · EIN 23-7329435

BASIL J & MARIE THERESE ZALOOM FOUNDATION

Tax-exempt · N PALM BEACH, FL 33408

Financials

$14K$16K2023$30K$11K2024
Revenue Expenses · by fiscal year end
Financials of BASIL J & MARIE THERESE ZALOOM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-PF$30,066$10,532$19,534$215,741$0$215,741
June 30, 2024990-PF$14,388$16,069-$1,681$196,207$0$196,207
Financial details: 990-PF for the year ended June 30, 2025

Revenue

Dividends
$10,892
Net gain from sales of assets
$19,174

Expenses

Grants and similar amounts paid
$7,316
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$7,316
Excise tax on investment income
$380

Balance sheet and other

Total assets, start of year
$196,207
Total assets, end of year
$215,741
Total liabilities, end of year
$0
Net assets, end of year
$215,741
Fair market value of assets
$248,073
Qualifying distributions
$7,316
Net investment income
$30,066

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
BASIL J ZALOOM
11706 LAKE SHORE PLACE, NORTH PALM BEACH, FL 334083204
PRESIDENT1$0
MARIE-THERESE ZALOOM
11706 LAKE SHORE PLACE, NORTH PALM BEACH, FL 334083204
VICE PRESIDENT1$0
JOHN B ZALOOM
116 WEST ROYAL PALM CIRCLE, JUPITER, FL 33458
TREASURER1$0
STEPHEN M ZALOOM
2503 SAN PIETRO CIRCLE, PALM BEACH GARDENS, FL 33410
SECRETARY1$0
990-PF for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
BASIL J ZALOOM
11706 LAKE SHORE PLACE, NORTH PALM BEACH, FL 334083204
PRESIDENT1$0
MARIE-THERESE ZALOOM
11706 LAKE SHORE PLACE, NORTH PALM BEACH, FL 334083204
VICE PRESIDENT1$0
JOHN B ZALOOM
116 WEST ROYAL PALM CIRCLE, JUPITER, FL 33458
TREASURER1$0
STEPHEN M ZALOOM
2503 SAN PIETRO CIRCLE, PALM BEACH GARDENS, FL 33410
SECRETARY1$0

Address and contacts

Address (IRS master file)
11706 LAKE SHORE PL, N PALM BEACH, FL 33408-3204
In care of
% BASIL J ZALOOM
Signed the 990-PF
Basil J Zaloom, President
Phone
(561) 627-5666
Return prepared by
Holyfield & Thomas 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 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-PF on file
2023June 30, 2024November 15, 2024990-PF on file

IRS record

EIN
23-7329435
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
2001
Accounting year ends
June
Files
Form 990-PF
Assets (IRS master file)
$215,741
Income (IRS master file)
$65,096

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJune 2025$30,066$10,532$215,741XML
990-PFJune 2024$14,388$16,069$196,207XML
990-PFJune 2023–––IRS
990-PFJune 2022–––IRS
990-PFJune 2021–––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 23-7329435).

Questions about BASIL J & MARIE THERESE ZALOOM FOUNDATION

What is the EIN of BASIL J & MARIE THERESE ZALOOM FOUNDATION?
The employer identification number (EIN) of BASIL J & MARIE THERESE ZALOOM FOUNDATION is 23-7329435.
Is BASIL J & MARIE THERESE ZALOOM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to BASIL J & MARIE THERESE ZALOOM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BASIL J & MARIE THERESE ZALOOM FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BASIL J & MARIE THERESE ZALOOM FOUNDATION 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 BASIL J & MARIE THERESE ZALOOM FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended June 2025.
Who are the officers and directors of BASIL J & MARIE THERESE ZALOOM FOUNDATION?
The 990-PF for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does BASIL J & MARIE THERESE ZALOOM FOUNDATION have?
On its 990-PF for the year ended June 30, 2025 it reported revenue of $30,066, expenses of $10,532 and total assets of $215,741 at year end.

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