Nonprofit · EIN 23-7949281
FRANK S LUCENTE FOUNDATION
Tax-exempt · SOMERSET, PA 15501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $27,959 | $46,646 | -$18,687 | $900,205 | $0 | $900,205 |
| December 31, 2024 | 990-PF | $43,275 | $43,325 | -$50 | $821,565 | $0 | $821,565 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $15,327
- Interest
- $4,556
- Net gain from sales of assets
- $8,076
Expenses
- Grants and similar amounts paid
- $39,000
- Compensation of officers, directors and key employees
- $6,310
- Disbursements for charitable purposes
- $39,000
- Excise tax on investment income
- $282
Balance sheet and other
- Total assets, start of year
- $821,565
- Total assets, end of year
- $900,205
- Total liabilities, end of year
- $0
- Net assets, end of year
- $900,205
- Fair market value of assets
- $900,205
- Qualifying distributions
- $39,000
- Net investment income
- $27,959
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 |
|---|---|---|---|
| SOMERSET TRUST CO PO BOX 1330, SOMERSET, PA 15501 | TRUSTEE | 0 | $6,310 |
| FRANK E LUCENTE 315 EAST 52ND STREET, NEW YORK, NY 10022 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SOMERSET TRUST CO PO BOX 1330, SOMERSET, PA 15501 | TRUSTEE | 0 | $6,033 |
| FRANK E LUCENTE 315 EAST 52ND STREET, NEW YORK, NY 10022 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1330, SOMERSET, PA 15501-0330
- In care of
- % SOMERSET TRUST COMPANY
- Signed the 990-PF
- SOMERSET TRUST CO, TRUSTEE
- Return prepared by
- BULOW HOTTLE & CO
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
- 23-7949281
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20J)
- Assets (IRS master file)
- $900,205
- Income (IRS master file)
- $111,142
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $27,959 | $46,646 | $900,205 | IRS |
| 990-PF | December 2024 | $43,275 | $43,325 | $821,565 | IRS |
| 990-PF | December 2023 | $42,836 | $44,622 | $759,238 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 FRANK S LUCENTE FOUNDATION
- What is the EIN of FRANK S LUCENTE FOUNDATION?
- The employer identification number (EIN) of FRANK S LUCENTE FOUNDATION is 23-7949281.
- Is FRANK S LUCENTE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to FRANK S LUCENTE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FRANK S LUCENTE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FRANK S LUCENTE 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 FRANK S LUCENTE 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 FRANK S LUCENTE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $6,310 (SOMERSET TRUST CO, TRUSTEE).
- How much revenue does FRANK S LUCENTE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $27,959, expenses of $46,646 and total assets of $900,205 at year end.
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