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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 27-1224572

THE AFSM FOUNDATION

Tax-exempt · NEW HAVEN, CT 06510

Financials

$0$580K2023$0$02024
Revenue Expenses · by fiscal year end
Financials of THE AFSM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$0$0$0$1,000,000$0$1,000,000
December 31, 2023990-PF$0$580,196-$580,196$1,000,000$0$1,000,000
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0

Balance sheet and other

Total assets, start of year
$1,000,000
Total assets, end of year
$1,000,000
Total liabilities, end of year
$0
Net assets, end of year
$1,000,000
Fair market value of assets
$1,000,000

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.

NameTitleHours / weekCompensation
PATRICIA PEI
1115 FIFTH AVE, NEW YORK, NY 10128
PRESIDENT0.5$0
SHAU-WAI LAM
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
TREASURER0.5$0
PETER KIMMELMAN
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
DIRECTOR0.5$0
WILLIAM M GRISWOLD
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
DIRECTOR0.5$0
MIMI GATES
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
DIRECTOR0.5$0
JANINE LUKE
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
SECRETARY0.5$0
CLARA XING
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
DIRECTOR0.5$0
JAY XU
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
DIRECTOR0.5$0
CHRISTINA YU YU
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
DIRECTOR0.5$0
990-PF for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
PATRICIA PEI
1115 FIFTH AVE, NEW YORK, NY 10128
PRESIDENT0.5$0
SHAU-WAI LAM
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
TREASURER0.5$0
LILLIAN CHIN
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
DIRECTOR0.5$0
PETER KIMMELMAN
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
DIRECTOR0.5$0
GEORGE FAN
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
DIRECTOR0.5$0
WILLIAM M GRISWOLD
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
DIRECTOR0.5$0
MIMI GATES
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
DIRECTOR0.5$0
JANINE LUKE
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
SECRETARY0.5$0
CLARA XING
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
DIRECTOR0.5$0
JAY XU
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
DIRECTOR0.5$0
CHRISTINA YU
C/O 1115 FIFTH AVE, NEW YORK, NY 10128
DIRECTOR0.5$0

Address and contacts

Address (IRS master file)
CO PAUL ROY-157 CHURCH ST 19 FL, NEW HAVEN, CT 06510-0000
In care of
% STEPHEN LISS
Signed the 990-PF
PATRICIA PEI, PRESIDENT
Phone
(212) 535-6333
Return prepared by
EISNER ADVISORY GROUP 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
27-1224572
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2010
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,000,000
Income (IRS master file)
$1

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$0$0$1,000,000IRS
990-PFDecember 2023$0$580,196$1,000,000XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 27-1224572).

Questions about THE AFSM FOUNDATION

What is the EIN of THE AFSM FOUNDATION?
The employer identification number (EIN) of THE AFSM FOUNDATION is 27-1224572.
Is THE AFSM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to THE AFSM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does THE AFSM FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE AFSM FOUNDATION 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 AFSM FOUNDATION 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 AFSM FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does THE AFSM FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $0, expenses of $0 and total assets of $1,000,000 at year end.

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