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Nonprofit · EIN 71-6221160

THE@SYLVIA OLNICK FOUNDATION

Also known as OLNICK SYLVIA TTEE

Tax-exempt · NEW YORK, NY 10022

Financials

$231K$340K2023$239K$273K2024
Revenue Expenses · by fiscal year end
Financials of THE@SYLVIA OLNICK FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$238,745$273,276-$34,531$4,830,497$0$4,830,497
December 31, 2023990-PF$231,222$340,028-$108,806$4,865,028$0$4,865,028
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Interest
$238,217
Net gain from sales of assets
-$495
Other income
$1,023

Expenses

Grants and similar amounts paid
$250,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$253,160
Excise tax on investment income
$3,135

Balance sheet and other

Total assets, start of year
$4,865,028
Total assets, end of year
$4,830,497
Total liabilities, end of year
$0
Net assets, end of year
$4,830,497
Fair market value of assets
$4,781,025
Qualifying distributions
$253,160
Net investment income
$239,240

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.

NameTitleHours / weekCompensation
BARBARA LANE
2 EAST 67TH STREET, NEW YORK, NY 10021
TRUSTEE0.1$0
NANCY OLNICK
1 EAST END AVE APT 11A, NEW YORK, NY 10075
TRUSTEE0.1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
BARBARA LANE
2 EAST 67TH STREET, NEW YORK, NY 10021
TRUSTEE0.1$0
NANCY OLNICK
1 EAST END AVE APT 11A, NEW YORK, NY 10075
TRUSTEE0.1$0

Address and contacts

Address (IRS master file)
135 EAST 57TH STREET 22ND FL, NEW YORK, NY 10022-2134
In care of
% SETH SCHOCHET
Signed the 990-PF
BARBARA LANE, TRUSTEE
Phone
(212) 835-2440
Return prepared by
CITRIN COOPERMAN 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 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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
71-6221160
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
2005
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$4,830,497
Income (IRS master file)
$239,240

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$238,745$273,276$4,830,497XML
990-TDecember 2024–––IRS
990-PFDecember 2023$231,222$340,028$4,865,028XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 THE@SYLVIA OLNICK FOUNDATION

What is the EIN of THE@SYLVIA OLNICK FOUNDATION?
The employer identification number (EIN) of THE@SYLVIA OLNICK FOUNDATION is 71-6221160.
Is THE@SYLVIA OLNICK FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to THE@SYLVIA OLNICK FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE@SYLVIA OLNICK FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE@SYLVIA OLNICK 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 THE@SYLVIA OLNICK 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 THE@SYLVIA OLNICK FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does THE@SYLVIA OLNICK FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $238,745, expenses of $273,276 and total assets of $4,830,497 at year end.

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