Nonprofit · EIN 36-4053778
SACKS FAMILY FOUNDATION
Tax-exempt · HIGHLAND PARK, IL 60035
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $17,812,248 | $7,023,808 | $10,788,440 | $3,096,461 | $0 | $3,096,461 |
| December 31, 2024 | 990-PF | $5,390,466 | $5,553,258 | -$162,792 | $15,019 | $0 | $15,019 |
| December 31, 2023 | 990-PF | $7,025,843 | $6,857,628 | $168,215 | $177,811 | $0 | $177,811 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $10,193,951
- Dividends
- $82,565
- Interest
- $3
- Net gain from sales of assets
- $7,535,729
Expenses
- Grants and similar amounts paid
- $7,015,100
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $7,023,808
- Excise tax on investment income
- $105,894
Balance sheet and other
- Total assets, start of year
- $15,019
- Total assets, end of year
- $3,096,461
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,096,461
- Fair market value of assets
- $3,096,461
- Qualifying distributions
- $7,023,808
- Net investment income
- $7,618,297
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 |
|---|---|---|---|
| MICHAEL SACKS 833 CENTRAL AVENUE 1155, HIGHLAND PARK, IL 60035 | PRESIDENT/TREASURER | 10 | $0 |
| KENNETH SACKS 833 CENTRAL AVENUE 1155, HIGHLAND PARK, IL 60035 | SECRETARY | 0.1 | $0 |
| ELISE SACKS 833 CENTRAL AVENUE 1155, HIGHLAND PARK, IL 60035 | DIRECTOR | 0.1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL SACKS 600 CENTRAL AVENUE SUITE 200, HIGHLAND PARK, IL 60035 | PRESIDENT/TREASURER | 10 | $0 |
| KENNETH SACKS 600 CENTRAL AVENUE SUITE 200, HIGHLAND PARK, IL 60035 | SECRETARY | 0.1 | $0 |
| ELISE SACKS 600 CENTRAL AVENUE SUITE 200, HIGHLAND PARK, IL 60035 | DIRECTOR | 0.1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL SACKS 600 CENTRAL AVENUE SUITE 200, HIGHLAND PARK, IL 60035 | PRESIDENT/TREASURER | 10 | $0 |
| KENNETH SACKS 600 CENTRAL AVENUE SUITE 200, HIGHLAND PARK, IL 60035 | SECRETARY | 0.1 | $0 |
| ELISE SACKS 600 CENTRAL AVENUE SUITE 200, HIGHLAND PARK, IL 60035 | DIRECTOR | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 833 CENTRAL AVE UNIT 1155, HIGHLAND PARK, IL 60035-6240
- In care of
- % LEE SACKS
- Signed the 990-PF
- MICHAEL SACKS, PRESIDENT/TREASURER
- Phone
- (312) 506-6501
- Return prepared by
- RSM US LLP
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
- 36-4053778
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $3,096,461
- Income (IRS master file)
- $17,866,396
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $17,812,248 | $7,023,808 | $3,096,461 | IRS |
| 990-PF | December 2024 | $5,390,466 | $5,553,258 | $15,019 | XML |
| 990-PF | December 2023 | $7,025,843 | $6,857,628 | $177,811 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 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 36-4053778).
Questions about SACKS FAMILY FOUNDATION
- What is the EIN of SACKS FAMILY FOUNDATION?
- The employer identification number (EIN) of SACKS FAMILY FOUNDATION is 36-4053778.
- Is SACKS FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to SACKS FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SACKS FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SACKS FAMILY 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 SACKS FAMILY 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 SACKS FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does SACKS FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $17,812,248, expenses of $7,023,808 and total assets of $3,096,461 at year end.
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