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Nonprofit · EIN 81-6999346

KRUGMAN FAMILY FOUNDATION

Also known as JAMES D KRUGMAN TTEE

Tax-exempt · NEW YORK, NY 10075

Financials

$91K$142K2023$143K$227K2024
Revenue Expenses · by fiscal year end
Financials of KRUGMAN FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$143,036$226,908-$83,872$2,937,680$0$2,937,680
December 31, 2023990-PF$90,551$141,625-$51,074$3,021,552$0$3,021,552
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$125,331
Interest
$10
Net gain from sales of assets
$13,834
Other income
$3,861

Expenses

Grants and similar amounts paid
$200,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$200,000
Excise tax on investment income
$1,642

Balance sheet and other

Total assets, start of year
$3,021,552
Total assets, end of year
$2,937,680
Total liabilities, end of year
$0
Net assets, end of year
$2,937,680
Fair market value of assets
$3,085,880
Qualifying distributions
$200,000
Net investment income
$143,036

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
CANDACE K BEINECKE
998 FIFTH AVENUE APT 1E, NEW YORK, NY 10028
TRUSTEE0.25$0
JAMES D KRUGMAN
3 EAST 77TH STREET APT 5B, NEW YORK, NY 10075
TRUSTEE0.25$0
MICHAEL F KRUGMAN
10 GLENDALE ROAD, NEEDHAM, MA 02492
TRUSTEE0.25$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
CANDACE K BEINECKE
998 FIFTH AVENUE APT 1E, NEW YORK, NY 10028
TRUSTEE0.25$0
JAMES D KRUGMAN
3 EAST 77TH STREET APT 5B, NEW YORK, NY 10075
TRUSTEE0.25$0
MICHAEL F KRUGMAN
10 GLENDALE ROAD, NEEDHAM, MA 02492
TRUSTEE0.25$0

Address and contacts

Address (IRS master file)
3 E 77TH ST APT 5AB, NEW YORK, NY 10075-1720
In care of
% JAMES D KRUGMAN
Signed the 990-PF
JAMES D KRUGMAN, TRUSTEE
Phone
(917) 365-1417
Return prepared by
COOPERSMITH SIMON & VOGEL PC

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
81-6999346
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
2017
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,937,680
Income (IRS master file)
$1,174,541

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$143,036$226,908$2,937,680XML
990-PFDecember 2023$90,551$141,625$3,021,552XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 81-6999346).

Questions about KRUGMAN FAMILY FOUNDATION

What is the EIN of KRUGMAN FAMILY FOUNDATION?
The employer identification number (EIN) of KRUGMAN FAMILY FOUNDATION is 81-6999346.
Is KRUGMAN FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to KRUGMAN FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KRUGMAN FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of KRUGMAN 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 KRUGMAN 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 KRUGMAN 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 KRUGMAN FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $143,036, expenses of $226,908 and total assets of $2,937,680 at year end.

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