Nonprofit · EIN 52-2366802
GRANIT FOUNDATION
Tax-exempt · BROOKLYN, NY 11204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $242,601 | $246,567 | -$3,966 | $521,429 | $0 | $521,429 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $200,480
- Dividends
- $20,655
- Interest
- $1,141
- Net gain from sales of assets
- $20,325
Expenses
- Grants and similar amounts paid
- $243,745
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $243,745
- Excise tax on investment income
- $585
Balance sheet and other
- Total assets, start of year
- $545,875
- Total assets, end of year
- $521,429
- Total liabilities, end of year
- $0
- Net assets, end of year
- $521,429
- Fair market value of assets
- $442,601
- Qualifying distributions
- $243,745
- Net investment income
- $42,121
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK WERTENTEIL 1326 HASTINGS STREET, TEANECK, NJ 076662101 | TRUSTEE | 2 | $0 |
| ILANA WERTENTEIL 1326 HASTINGS STREET, TEANECK, NJ 076662101 | TRUSTEE | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- ARYE RINGEL 1750 44TH ST, BROOKLYN, NY 11204-0000
- In care of
- % MARK WERTENTEIL
- Signed the 990-PF
- MARK WERTENTEIL, TRUSTEE
- Phone
- (212) 779-4700
- Return prepared by
- BARRY M STRAUSS ASSOC LTD
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 52-2366802
- 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
- 2003
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $521,429
- Income (IRS master file)
- $332,649
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | – | – | – | IRS |
| 990-PF | June 2024 | $305,304 | $265,662 | $545,875 | IRS |
| 990-PF | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about GRANIT FOUNDATION
- What is the EIN of GRANIT FOUNDATION?
- The employer identification number (EIN) of GRANIT FOUNDATION is 52-2366802.
- Is GRANIT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to GRANIT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GRANIT FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GRANIT FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRANIT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of GRANIT FOUNDATION?
- The 990-PF for the year ended June 30, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does GRANIT FOUNDATION have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $242,601, expenses of $246,567 and total assets of $521,429 at year end.
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