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Nonprofit · EIN 81-3982260

THE SFIG FOUNDATION INC

Also known as SFIG FOUNDATION

Tax-exempt · WASHINGTON, DC 20006

Financials

$100K$53K2023$18K$43K2024
Revenue Expenses · by fiscal year end
Financials of THE SFIG FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$17,750$42,500-$24,750$421,933$218,721$203,212
December 31, 2023990-EZ$99,558$52,758$46,800$227,962$0$227,962
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$17,750

Expenses

Grants and similar amounts paid
$20,000
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$14,345
Other expenses
$8,155
Program services (functional)
$20,000

Balance sheet and other

Total assets, start of year
$227,962
Total assets, end of year
$421,933
Total liabilities, end of year
$218,721
Net assets, end of year
$203,212
Cash, savings and investments
$221,573
Gross receipts
$17,750

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
AASHH PAREKHCHAIR1$0
MICHAEL BRIGHTDIRECTOR/CEO OF SFIG1$0
MICHAEL WILLIAMSDIRECTOR1$0
GREG SOBRIERODIRECTOR1$0
NANCY MUELLER HANDALDIRECTOR1$0
PATRICIA SCHULZEDIRECTOR1$0
COVELL ADAMSEXECUTIVE DIRECTOR1$0
990-EZ for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
ANNA-LIZA HARRISCHAIR1$0
AASHH PAREKHVICE CHAIR1$0
ANDREW DAVIDSONTREASURER1$0
ANGELA ULUMSECRETARY1$0
LESLIE SACKEXECUTIVE DIRECTOR1$0
KRISTI LEODIRECTOR/PRESIDENT SFIG TO 6/30/231$0
MICHAEL BRIGHTDIRECTOR/CEO OF SFIG1$0
WENDY COHNDIRECTOR1$0
PATRICK ORRDIRECTOR1$0
MICHAEL WILLIAMSDIRECTOR1$0
CHRIS ABATEDIRECTOR1$0
NANCY MUELLER HANDALDIRECTOR1$0

Address and contacts

Address (IRS master file)
1776 I ST NW STE 200, WASHINGTON, DC 20006-3750
In care of
% SAIRAH BURKI
Signed the 990-EZ
COVELL ADAMS, EXECUTIVE DIRECTOR
Phone
(202) 524-6300
Return prepared by
RSM US LLP

Mission

TO HELP THOSE IN NEED BUILD A BETTER FUTURE.THE SFIG FOUNDATION IS A 501(C)(3) NOT-FOR-PROFIT ORGANIZATION THAT PROVIDES COLLEGE SCHOLARSHIPS TO STUDENTS IN NEED.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • THE SFIG FOUNDATION HAS ENTERED INTO A PARTNERSHIP WITH THE UNIVERSITY OF THE DISTRICT OF COLUMBIA TO PROVIDE TWO SCHOLARSHIPS PER YEAR TO STUDENTS ENROLLED IN BUSINESS SCHOOL
    Expenses $20,000 · grants $20,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
81-3982260
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2017
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B11)
Assets (IRS master file)
$421,933
Income (IRS master file)
$17,750

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$17,750$42,500$421,933XML
990-EZDecember 2023$99,558$52,758$227,962XML
990December 2022$79,378$127,616$181,162IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 81-3982260).

Questions about THE SFIG FOUNDATION INC

What is the EIN of THE SFIG FOUNDATION INC?
The employer identification number (EIN) of THE SFIG FOUNDATION INC is 81-3982260.
Is THE SFIG FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to THE SFIG FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does THE SFIG FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of THE SFIG FOUNDATION INC 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 SFIG FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of THE SFIG FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does THE SFIG FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $17,750, expenses of $42,500 and total assets of $421,933 at year end.

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