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Nonprofit · EIN 35-2354358

THE SONO AND VICTOR ELMALEH FOUNDATION

Tax-exempt · SAG HARBOR, NY 11963

Financials

$321K$135K2023$6.7M$186K2024
Revenue Expenses · by fiscal year end
Financials of THE SONO AND VICTOR ELMALEH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$6,736,098$185,542$6,550,556$6,885,583$0$6,885,583
December 31, 2023990-PF$320,612$135,465$185,147$2,389,913$0$2,389,913
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,464,037
Dividends
$187,337
Net gain from sales of assets
$2,062,936
Other income
$21,788

Expenses

Grants and similar amounts paid
$160,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$162,709
Excise tax on investment income
$31,264

Balance sheet and other

Total assets, start of year
$2,389,913
Total assets, end of year
$6,885,583
Total liabilities, end of year
$0
Net assets, end of year
$6,885,583
Fair market value of assets
$7,064,575
Qualifying distributions
$162,709
Net investment income
$2,272,061

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
NIKO ELMALEH
PO BOX 239, SAG HARBOR, NY 11963
PRESIDENT0.1$0
MARK BOSSWICK
C/O CITRIN COOPERMAN 100 JERICHO, QUADRANGLE SUITE 342, JERICHO, NY 11753
DIRECTOR AND TREASURER0.1$0
JOEL I PAPERNIK
666 THIRD AVENUE, NEW YORK, NY 10017
DIRECTOR0.1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
NIKO ELMALEH
C/O CITRIN COOPERMAN 100 JERICHO, QUADRANGLE SUITE 342, JERICHO, NY 11753
PRESIDENT0.1$0
MARK BOSSWICK
C/O CITRIN COOPERMAN 100 JERICHO, QUADRANGLE SUITE 342, JERICHO, NY 11753
DIRECTOR AND TREASURER0.1$0
JOEL I PAPERNIK
666 THIRD AVENUE, NEW YORK, NY 10017
DIRECTOR0.1$0

Address and contacts

Address (IRS master file)
PO BOX 239, SAG HARBOR, NY 11963-0004
In care of
% WORLD WIDE GROUP
Signed the 990-PF
NIKO ELMALEH, PRESIDENT
Phone
(212) 832-0400
Return prepared by
CITRIN COOPERMAN ADVISORS 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
35-2354358
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
2009
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$6,885,583
Income (IRS master file)
$9,973,794

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$6,736,098$185,542$6,885,583XML
990-PFDecember 2023$320,612$135,465$2,389,913XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2017–––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 35-2354358).

Questions about THE SONO AND VICTOR ELMALEH FOUNDATION

What is the EIN of THE SONO AND VICTOR ELMALEH FOUNDATION?
The employer identification number (EIN) of THE SONO AND VICTOR ELMALEH FOUNDATION is 35-2354358.
Is THE SONO AND VICTOR ELMALEH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to THE SONO AND VICTOR ELMALEH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE SONO AND VICTOR ELMALEH FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE SONO AND VICTOR ELMALEH 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 SONO AND VICTOR ELMALEH 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 SONO AND VICTOR ELMALEH FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does THE SONO AND VICTOR ELMALEH FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $6,736,098, expenses of $185,542 and total assets of $6,885,583 at year end.

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