Nonprofit · EIN 51-0196679
THE EDWARD AND FLORENCE PALEY FOUNDATION
Tax-exempt · RAMSEY, NJ 07446
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990-PF | $293,325 | $287,989 | $5,336 | $2,281,881 | $0 | $2,281,881 |
| March 31, 2025 | 990-PF | $325,003 | $216,831 | $108,172 | $2,277,073 | $0 | $2,277,073 |
| March 31, 2024 | 990-PF | $173,891 | $222,793 | -$48,902 | $2,168,548 | $0 | $2,168,548 |
Financial details: 990-PF for the year ended March 31, 2026
Revenue
- Contributions, gifts and grants
- $100,000
- Dividends
- $88,542
- Net gain from sales of assets
- $104,092
- Other income
- $691
Expenses
- Grants and similar amounts paid
- $262,438
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $267,514
- Excise tax on investment income
- $2,421
Balance sheet and other
- Total assets, start of year
- $2,277,073
- Total assets, end of year
- $2,281,881
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,281,881
- Fair market value of assets
- $3,942,014
- Qualifying distributions
- $267,514
- Net investment income
- $193,355
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 March 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FLORENCE PALEY 800A LAKE STREET, RAMSEY, NJ 07446 | PRESIDENT / TREASURER | 0.25 | $0 |
| DOUGLAS PALEY 800A LAKE STREET, RAMSEY, NJ 07446 | TRUSTEE / SECRETARY | 0.25 | $0 |
| WILLIAM PALEY 800A LAKE STREET, RAMSEY, NJ 07446 | TRUSTEE | 0.25 | $0 |
| STEVEN PALEY 800A LAKE STREET, RAMSEY, NJ 07446 | TRUSTEE | 0.25 | $0 |
990-PF for the year ended March 31, 2025: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FLORENCE PALEY 800A LAKE STREET, RAMSEY, NJ 07446 | PRESIDENT / TREASURER | 0.25 | $0 |
| DOUGLAS PALEY 800A LAKE STREET, RAMSEY, NJ 07446 | TRUSTEE / SECRETARY | 0.25 | $0 |
| WILLIAM PALEY 800A LAKE STREET, RAMSEY, NJ 07446 | TRUSTEE | 0.25 | $0 |
| STEVEN PALEY 800A LAKE STREET, RAMSEY, NJ 07446 | TRUSTEE | 0.25 | $0 |
990-PF for the year ended March 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FLORENCE PALEY 800A LAKE STREET, RAMSEY, NJ 07446 | PRESIDENT / TREASURER | 0.25 | $0 |
| DOUGLAS PALEY 800A LAKE STREET, RAMSEY, NJ 07446 | TRUSTEE / SECRETARY | 0.25 | $0 |
| WILLIAM PALEY 800A LAKE STREET, RAMSEY, NJ 07446 | TRUSTEE | 0.25 | $0 |
| STEVEN PALEY 800A LAKE STREET, RAMSEY, NJ 07446 | TRUSTEE | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 800A LAKE ST, RAMSEY, NJ 07446-1287
- In care of
- % JANE LONGO
- Signed the 990-PF
- FLORENCE PALEY, PRESIDENT
- Phone
- (201) 760-9970
- Return prepared by
- GRANT THORNTON 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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990-PF on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990-PF on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990-PF on file |
IRS record
- EIN
- 51-0196679
- 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
- 1976
- Accounting year ends
- March
- Files
- Form 990-PF
- Assets (IRS master file)
- $2,281,881
- Income (IRS master file)
- $420,007
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | March 2026 | $293,325 | $287,989 | $2,281,881 | XML |
| 990-T | March 2026 | – | – | – | IRS |
| 990-PF | March 2025 | $325,003 | $216,831 | $2,277,073 | XML |
| 990-T | March 2025 | – | – | – | IRS |
| 990-PF | March 2024 | $173,891 | $222,793 | $2,168,548 | XML |
| 990-T | March 2024 | – | – | – | IRS |
| 990-PF | March 2023 | – | – | – | IRS |
| 990-T | March 2023 | – | – | – | IRS |
| 990-PF | March 2022 | – | – | – | IRS |
| 990-T | March 2022 | – | – | – | IRS |
| 990-PF | March 2021 | – | – | – | IRS |
| 990-T | March 2021 | – | – | – | 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 51-0196679).
Questions about THE EDWARD AND FLORENCE PALEY FOUNDATION
- What is the EIN of THE EDWARD AND FLORENCE PALEY FOUNDATION?
- The employer identification number (EIN) of THE EDWARD AND FLORENCE PALEY FOUNDATION is 51-0196679.
- Is THE EDWARD AND FLORENCE PALEY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to THE EDWARD AND FLORENCE PALEY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE EDWARD AND FLORENCE PALEY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE EDWARD AND FLORENCE PALEY FOUNDATION due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE EDWARD AND FLORENCE PALEY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended March 2026.
- Who are the officers and directors of THE EDWARD AND FLORENCE PALEY FOUNDATION?
- The 990-PF for the year ended March 31, 2026 lists 4 people; 0 received compensation from the organization.
- How much revenue does THE EDWARD AND FLORENCE PALEY FOUNDATION have?
- On its 990-PF for the year ended March 31, 2026 it reported revenue of $293,325, expenses of $287,989 and total assets of $2,281,881 at year end.
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