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Nonprofit · EIN 82-3626851

DAMAR FOUNDATION INC

Tax-exempt · KEW GARDENS, NY 11415

Financials

$232K$212K2023$262K$211K2024
Revenue Expenses · by fiscal year end
Financials of DAMAR FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$261,917$210,915$51,002$3,392,235$0$3,392,235
December 31, 2023990-PF$231,848$212,497$19,351$3,341,233$0$3,341,233
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$64,094
Net gain from sales of assets
$197,823

Expenses

Grants and similar amounts paid
$206,740
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$208,953
Excise tax on investment income
$3,613

Balance sheet and other

Total assets, start of year
$3,341,233
Total assets, end of year
$3,392,235
Total liabilities, end of year
$0
Net assets, end of year
$3,392,235
Fair market value of assets
$5,435,406
Qualifying distributions
$208,953
Net investment income
$261,917

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
MICHELLE ARBESFELD SALIG
ARBESFELD 82-05 ABINGTON RD, KEW GARDENS, NY 11415
DIRECTOR10$0
DAVID ARBESFELD
ARBESFELD 82-05 ABINGTON RD, KEW GARDENS, NY 11415
DIRECTOR10$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MICHELLE ARBESFELD SALIG
ARBESFELD 82-05 ABINGTON RD, KEW GARDENS, NY 11415
DIRECTOR10$0
PNINA ARBESFELD DECEASED
ARBESFELD 82-05 ABINGTON RD, KEW GARDENS, NY 11415
DIRECTOR10$0
DAVID ARBESFELD
ARBESFELD 82-05 ABINGTON RD, KEW GARDENS, NY 11415
DIRECTOR10$0

Address and contacts

Address (IRS master file)
ARBESFELD 82-05 ABINGTON RD, KEW GARDENS, NY 11415-0000
In care of
% ARBESFELD
Signed the 990-PF
MICHELE SALIG, DIRECTOR
Phone
(646) 616-1601
Return prepared by
SAX 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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
82-3626851
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
2019
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,392,235
Income (IRS master file)
$312,702

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024–––IRS
990-PFDecember 2023$231,848$212,497$3,341,233IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 DAMAR FOUNDATION INC

What is the EIN of DAMAR FOUNDATION INC?
The employer identification number (EIN) of DAMAR FOUNDATION INC is 82-3626851.
Is DAMAR FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to DAMAR FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does DAMAR FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of DAMAR 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 DAMAR FOUNDATION INC 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 DAMAR FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does DAMAR FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $261,917, expenses of $210,915 and total assets of $3,392,235 at year end.

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