Skip to main content

Nonprofit · EIN 65-6316190

JACK SATTER FOUNDATION TR

Also known as SATTER JACK TTEE

Tax-exempt (reinstated) · SALEM, NH 03079

Financials

$1.9M$6.9M2023$3.6M$7.9M2024$5.1M$7.4M2025
Revenue Expenses · by fiscal year end
Financials of JACK SATTER FOUNDATION TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$5,079,582$7,404,729-$2,325,147$36,422,978$0$36,422,978
December 31, 2024990-PF$3,628,343$7,863,300-$4,234,957$38,718,602$0$38,718,602
December 31, 2023990-PF$1,897,562$6,903,385-$5,005,823$42,905,516$0$42,905,516
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$1,390,042
Net gain from sales of assets
$3,689,540

Expenses

Grants and similar amounts paid
$6,837,667
Compensation of officers, directors and key employees
$120,000
Disbursements for charitable purposes
$7,152,571
Excise tax on investment income
$68,324

Balance sheet and other

Total assets, start of year
$38,718,602
Total assets, end of year
$36,422,978
Total liabilities, end of year
$0
Net assets, end of year
$36,422,978
Fair market value of assets
$59,364,732
Qualifying distributions
$7,152,571
Net investment income
$5,079,582

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.

NameTitleHours / weekCompensation
ERIC M WOLF
3891 TOULOUSE DRIVE, PALM BEACH GARDENS, FL 33410
TRUSTEE11$40,000
MARY LOU COCCI
3891 TOULOUSE DRIVE, PALM BEACH GARDENS, FL 33410
TRUSTEE10$40,000
SAMUEL LEVY
12 CRESTWOOD DRIVE, FRAMINGHAM, MA 01701
TRUSTEE3$20,000
SYLVIA LEVY
12 CRESTWOOD DRIVE, FRAMINGHAM, MA 01701
TRUSTEE3$20,000
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
ERIC M WOLF
3891 TOULOUSE DRIVE, PALM BEACH GARDENS, FL 33410
TRUSTEE11$40,000
MARY LOU COCCI
3891 TOULOUSE DRIVE, PALM BEACH GARDENS, FL 33410
TRUSTEE10$40,000
SAMUEL LEVY
12 CRESTWOOD DRIVE, FRAMINGHAM, MA 01701
TRUSTEE3$20,000
SYLVIA LEVY
12 CRESTWOOD DRIVE, FRAMINGHAM, MA 01701
TRUSTEE3$20,000
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
ERIC M WOLF
3891 TOULOUSE DRIVE, PALM BEACH GARDENS, FL 33410
TRUSTEE11$35,000
MARY LOU COCCI
3891 TOULOUSE DRIVE, PALM BEACH GARDENS, FL 33410
TRUSTEE10$35,000
SAMUEL LEVY
12 CRESTWOOD DRIVE, FRAMINGHAM, MA 01701
TRUSTEE3$20,000
SYLVIA LEVY
12 CRESTWOOD DRIVE, FRAMINGHAM, MA 01701
TRUSTEE3$20,000

Address and contacts

Address (IRS master file)
23 KEEWAYDIN DR STE 400, SALEM, NH 03079-2861
In care of
% HEMENWAY TRUST CO
Signed the 990-PF
ERIC WOLF, TRUSTEE
Phone
(603) 913-8022
Return prepared by
HEMENWAY & BARNES 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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
65-6316190
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
2015
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$36,422,978
Income (IRS master file)
$13,918,188

Revocation and reinstatement

Exemption revoked
May 15, 2013
Posted by the IRS
August 12, 2013
Reinstated
Effective May 15, 2013

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$5,079,582$7,404,729$36,422,978IRS
990-PFDecember 2024$3,628,343$7,863,300$38,718,602IRS
990-PFDecember 2023$1,897,562$6,903,385$42,905,516XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 65-6316190).

Questions about JACK SATTER FOUNDATION TR

What is the EIN of JACK SATTER FOUNDATION TR?
The employer identification number (EIN) of JACK SATTER FOUNDATION TR is 65-6316190.
Is JACK SATTER FOUNDATION TR tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective May 15, 2013.
Are donations to JACK SATTER FOUNDATION TR tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JACK SATTER FOUNDATION TR file?
Form 990-PF. Private foundations file every year.
When is the next return of JACK SATTER FOUNDATION TR 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 JACK SATTER FOUNDATION TR 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 JACK SATTER FOUNDATION TR?
The 990-PF for the year ended December 31, 2025 lists 4 people; 4 received compensation from the organization, the highest $40,000 (ERIC M WOLF, TRUSTEE).
How much revenue does JACK SATTER FOUNDATION TR have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $5,079,582, expenses of $7,404,729 and total assets of $36,422,978 at year end.

Other nonprofits in SALEM

All nonprofits in SALEM · New Hampshire · Philanthropy, voluntarism and grantmaking foundations