Nonprofit · EIN 61-1579433
HERSCHMANN FAMILY FOUNDATION
Tax-exempt · BROOKLYN, NY 11210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $70,213 | $30,031 | $40,182 | $154,701 | $22,642 | $132,059 |
| December 31, 2023 | 990-PF | $37,322 | $73,609 | -$36,287 | $85,724 | $56,872 | $28,852 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $5,212
- Interest
- $214
- Other income
- $64,787
Expenses
- Grants and similar amounts paid
- $30,000
- Disbursements for charitable purposes
- $30,000
- Excise tax on investment income
- $75
Balance sheet and other
- Total assets, start of year
- $85,724
- Total assets, end of year
- $154,701
- Total liabilities, end of year
- $22,642
- Net assets, end of year
- $132,059
- Fair market value of assets
- $1,676,060
- Qualifying distributions
- $30,000
- Net investment income
- $5,426
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC HERSCHMANN 3001 AVENUE M, BROOKLYN, NY 11210 | DIRECTOR | 0 | $0 |
| MICHAEL HERSCHMANN 3001 AVENUE M, BROOKLYN, NY 11210 | DIRECTOR | 0 | $0 |
| AIMEE CIMENT 3001 AVENUE M, BROOKLYN, NY 11210 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC HERSCHMANN 3001 AVENUE M, BROOKLYN, NY 11210 | DIRECTOR | 0 | $0 |
| MICHAEL HERSCHMANN 3001 AVENUE M, BROOKLYN, NY 11210 | DIRECTOR | 0 | $0 |
| AIMEE CIMENT 3001 AVENUE M, BROOKLYN, NY 11210 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3001 AVENUE M, BROOKLYN, NY 11210-4744
- In care of
- % ZELL AND ETTINGER
- Signed the 990-PF
- ERIC HERSCHMANN, DIRECTOR
- Phone
- (718) 692-1212
- Return prepared by
- ZELL & ETTINGER CPA'S
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 | Not 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
- 61-1579433
- 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)
- Human services (P58)
- Assets (IRS master file)
- $154,701
- Income (IRS master file)
- $70,213
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $70,213 | $30,031 | $154,701 | XML |
| 990-PF | December 2023 | $37,322 | $73,609 | $85,724 | 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 61-1579433).
Questions about HERSCHMANN FAMILY FOUNDATION
- What is the EIN of HERSCHMANN FAMILY FOUNDATION?
- The employer identification number (EIN) of HERSCHMANN FAMILY FOUNDATION is 61-1579433.
- Is HERSCHMANN FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to HERSCHMANN FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HERSCHMANN FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HERSCHMANN FAMILY FOUNDATION 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 HERSCHMANN FAMILY FOUNDATION 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 HERSCHMANN FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does HERSCHMANN FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $70,213, expenses of $30,031 and total assets of $154,701 at year end.
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