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Nonprofit · EIN 83-1559332

ALBERT KORNBLIT FOUNDATION INC

Tax-exempt (reinstated) · WALDWICK, NJ 07463

Financials

$740$02023$3K$02024$4K$02025
Revenue Expenses · by fiscal year end
Financials of ALBERT KORNBLIT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$3,905$0$3,905$58,533$0$58,533
December 31, 2024990-PF$2,666$0$2,666$36,062$0$36,062
December 31, 2023990-PF$740$0$740$37,642$1,246$36,396
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$789
Net gain from sales of assets
$3,116

Expenses

Grants and similar amounts paid
$0
Excise tax on investment income
$54

Balance sheet and other

Total assets, start of year
$36,062
Total assets, end of year
$58,533
Total liabilities, end of year
$0
Net assets, end of year
$58,533
Fair market value of assets
$58,533
Net investment income
$3,905

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
Steven Kornblit
73 Grove Street, Waldwick, NJ 07463
President0$0
Susan Kornblit
73 Grove Street, Waldwick, NJ 07463
Trustee0$0
Samantha Kornblit
73 Grove Street, Waldwick, NJ 07463
Trustee0$0
Adam Kornblit
2310 North Lincoln Ave Apt 4, Chicago, IL 60614
Trustee0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
Steven Kornblit
73 Grove Street, Waldwick, NJ 07463
President0$0
Susan Kornblit
73 Grove Street, Waldwick, NJ 07463
Trustee0$0
Samantha Kornblit
73 Grove Street, Waldwick, NJ 07463
Trustee0$0
Adam Kornblit
2310 North Lincoln Ave Apt 4, Chicago, IL 60614
Trustee0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Steven Kornblit
73 Grove Street, Waldwick, NJ 07463
President0$0
Susan Kornblit
73 Grove Street, Waldwick, NJ 07463
Trustee0$0
Samantha Kornblit
73 Grove Street, Waldwick, NJ 07463
Trustee0$0
Adam Kornblit
2310 North Lincoln Ave Apt 4, Chicago, IL 60614
Trustee0$0

Address and contacts

Address (IRS master file)
73 GROVE ST, WALDWICK, NJ 07463-2219
In care of
% STEVEN M KORNBLIT
Signed the 990-PF
Steven Kornblit, President
Phone
(201) 394-1728
Return prepared by
Michael W Gutwetter CPA

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
83-1559332
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
2022
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B82)
Assets (IRS master file)
$58,533
Income (IRS master file)
$6,506

Revocation and reinstatement

Exemption revoked
May 15, 2021
Posted by the IRS
August 9, 2021
Reinstated
Effective May 15, 2021

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$3,905$0$58,533XML
990-PFDecember 2024$2,666$0$36,062XML
990-PFDecember 2023$740$0$37,642XML
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 83-1559332).

Questions about ALBERT KORNBLIT FOUNDATION INC

What is the EIN of ALBERT KORNBLIT FOUNDATION INC?
The employer identification number (EIN) of ALBERT KORNBLIT FOUNDATION INC is 83-1559332.
Is ALBERT KORNBLIT FOUNDATION INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2021 and reinstated it effective May 15, 2021.
Are donations to ALBERT KORNBLIT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ALBERT KORNBLIT FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of ALBERT KORNBLIT FOUNDATION INC 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 ALBERT KORNBLIT FOUNDATION INC 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 ALBERT KORNBLIT FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does ALBERT KORNBLIT FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $3,905, expenses of $0 and total assets of $58,533 at year end.

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