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Nonprofit · EIN 36-7434011

KAPNICK FOUNDATION TR

Also known as KAPNICK RICHARD B TTEE

Tax-exempt · NEW YORK, NY 10274

Financials

$10.5M$7.1M2023$37.4M$8.6M2024
Revenue Expenses · by fiscal year end
Financials of KAPNICK FOUNDATION TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$37,424,176$8,600,683$28,823,493$62,654,729$0$62,654,729
December 31, 2023990-PF$10,534,933$7,056,302$3,478,631$49,329,733$0$49,329,733
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$16,173,621
Dividends
$95,207
Interest
$766,298
Net gain from sales of assets
$18,827,474
Other income
$1,561,576

Expenses

Grants and similar amounts paid
$8,443,384
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$8,484,481
Excise tax on investment income
$294,228

Balance sheet and other

Total assets, start of year
$49,329,733
Total assets, end of year
$62,654,729
Total liabilities, end of year
$0
Net assets, end of year
$62,654,729
Fair market value of assets
$75,774,391
Qualifying distributions
$8,484,481
Net investment income
$21,186,958

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
KATHLEEN G KAPNICK
PO BOX 73, BOWLING GREEN STATION, NEW YORK, NY 102740073
TRUSTEE1$0
SCOTT B KAPNICK
PO BOX 73, BOWLING GREEN STATION, NEW YORK, NY 102740073
TREASURER1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
KATHLEEN G KAPNICK
PO BOX 73, BOWLING GREEN STATION, NEW YORK, NY 102740073
TRUSTEE1$0
SCOTT B KAPNICK
PO BOX 73, BOWLING GREEN STATION, NEW YORK, NY 102740073
TREASURER1$0

Address and contacts

Address (IRS master file)
PO BOX 73, NEW YORK, NY 10274-0073
In care of
% ERNST & YOUNG US LLP
Signed the 990-PF
SCOTT B KAPNICK, TRUSTEE
Phone
(212) 773-3000
Return prepared by
ERNST & YOUNG 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 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
36-7434011
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
2004
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$62,654,729
Income (IRS master file)
$40,538,996

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$37,424,176$8,600,683$62,654,729IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$10,534,933$7,056,302$49,329,733XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––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 36-7434011).

Questions about KAPNICK FOUNDATION TR

What is the EIN of KAPNICK FOUNDATION TR?
The employer identification number (EIN) of KAPNICK FOUNDATION TR is 36-7434011.
Is KAPNICK FOUNDATION TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to KAPNICK FOUNDATION TR tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KAPNICK FOUNDATION TR file?
Form 990-PF. Private foundations file every year.
When is the next return of KAPNICK FOUNDATION TR 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 KAPNICK FOUNDATION TR 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 KAPNICK FOUNDATION TR?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does KAPNICK FOUNDATION TR have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $37,424,176, expenses of $8,600,683 and total assets of $62,654,729 at year end.

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