Nonprofit · EIN 45-4694896
KAPLEN BROTHERS FUND INC
Tax-exempt · MONTCLAIR, NJ 07043
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $10,658,568 | $6,816,411 | $3,842,157 | $95,185,120 | $12,067 | $95,173,053 |
| December 31, 2024 | 990-PF | $7,678,444 | $6,517,000 | $1,161,444 | $91,342,188 | $11,292 | $91,330,896 |
| December 31, 2023 | 990-PF | $2,318,882 | $6,100,608 | -$3,781,726 | $90,181,324 | $11,872 | $90,169,452 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $3,009,393
- Net gain from sales of assets
- $7,644,667
- Other income
- $4,508
Expenses
- Grants and similar amounts paid
- $6,362,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $6,413,058
- Excise tax on investment income
- $144,944
Balance sheet and other
- Total assets, start of year
- $91,342,188
- Total assets, end of year
- $95,185,120
- Total liabilities, end of year
- $12,067
- Net assets, end of year
- $95,173,053
- Fair market value of assets
- $128,637,834
- Qualifying distributions
- $6,413,058
- Net investment income
- $10,658,568
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 |
|---|---|---|---|
| VERONICA KAPLEN 572 VALLEY RDUNIT 43019, MONTCLAIR, NJ 07043 | TRUSTEE | 1 | $0 |
| LAWRENCE KAPLEN 572 VALLEY RDUNIT 43019, MONTCLAIR, NJ 07043 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VERONICA KAPLEN PO BOX 43019, MONTCLAIR, NJ 07043 | TRUSTEE | 1 | $0 |
| LAWRENCE KAPLEN PO BOX 43019, MONTCLAIR, NJ 07043 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VERONICA KAPLEN 31 WEST 34TH STREET 7TH FLOOR 7010, NEW YORK, NY 10001 | TRUSTEE | 1 | $500 |
| LAWRENCE KAPLEN 31 WEST 34TH STREET 7TH FLOOR 7010, NEW YORK, NY 10001 | TRUSTEE | 1 | $500 |
Address and contacts
- Address (IRS master file)
- 572 VALLEY RD UNIT 43019, MONTCLAIR, NJ 07043-6801
- In care of
- % LAWRECNE KAPLEN
- Signed the 990-PF
- LAWRENCE KAPLEN, TRUSTEE/CFO
- Phone
- (973) 509-9509
- Return prepared by
- LUTZ AND CARR CPAS 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
- 45-4694896
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $95,185,120
- Income (IRS master file)
- $37,303,191
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $10,658,568 | $6,816,411 | $95,185,120 | IRS |
| 990-PF | December 2024 | $7,678,444 | $6,517,000 | $91,342,188 | XML |
| 990-PF | December 2023 | $2,318,882 | $6,100,608 | $90,181,324 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 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 45-4694896).
Questions about KAPLEN BROTHERS FUND INC
- What is the EIN of KAPLEN BROTHERS FUND INC?
- The employer identification number (EIN) of KAPLEN BROTHERS FUND INC is 45-4694896.
- Is KAPLEN BROTHERS FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to KAPLEN BROTHERS FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KAPLEN BROTHERS FUND INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KAPLEN BROTHERS FUND INC 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 KAPLEN BROTHERS FUND INC 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 KAPLEN BROTHERS FUND INC?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does KAPLEN BROTHERS FUND INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $10,658,568, expenses of $6,816,411 and total assets of $95,185,120 at year end.
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