Skip to main content

Nonprofit · EIN 85-2833640

LINDA B TALLY AND JEFF SCHAENGOLD FOUNDATION

Tax-exempt (reinstated) · EAST HAMPTON, NY 11937

Financials

$31K$2K2021$42K$7K2023$73K$12K2024$95K$8K2025
Revenue Expenses · by fiscal year end
Financials of LINDA B TALLY AND JEFF SCHAENGOLD FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$94,637$7,969$86,668$262,353$0$262,353
December 31, 2024990-PF$72,993$12,476$60,517$175,685$0$175,685
December 31, 2023990-PF$42,255$7,284$34,971$115,168$0$115,168
December 31, 2021990-PF$30,734$2,417$28,317$69,132$0$69,132
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$92,804
Dividends
$1,833

Expenses

Grants and similar amounts paid
$3,970
Disbursements for charitable purposes
$3,970
Excise tax on investment income
$25

Balance sheet and other

Total assets, start of year
$175,685
Total assets, end of year
$262,353
Total liabilities, end of year
$0
Net assets, end of year
$262,353
Fair market value of assets
$262,353
Qualifying distributions
$3,970
Net investment income
$1,833

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
JEFF SCHAENGOLD
37 GINGERBREAD LN, EAST HAMPTON, NY 11937
CEO20$0
LINDA TALLY
37 GINGERBREAD LN, EAST HAMPTON, NY 11937
PRESIDENT20$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
JEFF SCHAENGOLD
37 GINGERBREAD LN, EAST HAMPTON, NY 11937
CEO20$0
LINDA B TALLY
37 GINGERBREAD LN, EAST HAMPTON, NY 11937
PRESIDENT20$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
JEFF SCHAENGOLD
37 GINGERBREAD LN, EAST HAMPTON, NY 11937
CEO20$0
LINDA B TALLY
37 GINGERBREAD LN, EAST HAMPTON, NY 11937
PRESIDENT20$0
990-PF for the year ended December 31, 2021: 2 people
NameTitleHours / weekCompensation
Jeff Schaengold
37 Gingerbread Ln, East Hampton, NY 11937
CEO20$0
Linda Tally
37 Gingerbread Ln, East Hampton, NY 11937
President20$0

Address and contacts

Address (IRS master file)
37 GINGERBREAD LN, EAST HAMPTON, NY 11937-2459
In care of
% JEFF SCHAENGOLD
Signed the 990-PF
JEFF SCHAENGOLD, CEO
Phone
(646) 475-7206

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
85-2833640
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2023
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Human services (P40)
Assets (IRS master file)
$262,353
Income (IRS master file)
$94,637

Revocation and reinstatement

Exemption revoked
May 15, 2023
Posted by the IRS
August 14, 2023
Reinstated
Effective September 15, 2023

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$94,637$7,969$262,353XML
990-PFDecember 2024$72,993$12,476$175,685XML
990-PFDecember 2023$42,255$7,284$115,168XML
990-PFDecember 2022–––IRS
990-PFDecember 2021$30,734$2,417$69,132XML

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 85-2833640).

Questions about LINDA B TALLY AND JEFF SCHAENGOLD FOUNDATION

What is the EIN of LINDA B TALLY AND JEFF SCHAENGOLD FOUNDATION?
The employer identification number (EIN) of LINDA B TALLY AND JEFF SCHAENGOLD FOUNDATION is 85-2833640.
Is LINDA B TALLY AND JEFF SCHAENGOLD FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2023 and reinstated it effective September 15, 2023.
Are donations to LINDA B TALLY AND JEFF SCHAENGOLD FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does LINDA B TALLY AND JEFF SCHAENGOLD FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of LINDA B TALLY AND JEFF SCHAENGOLD FOUNDATION 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 LINDA B TALLY AND JEFF SCHAENGOLD FOUNDATION 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 LINDA B TALLY AND JEFF SCHAENGOLD FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does LINDA B TALLY AND JEFF SCHAENGOLD FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $94,637, expenses of $7,969 and total assets of $262,353 at year end.

Other nonprofits in EAST HAMPTON

All nonprofits in EAST HAMPTON · New York · Human services