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Nonprofit · EIN 87-2315262

PHIL SCHAAP FOUNDATION INC

Tax-exempt · NEW YORK, NY 10033

Financials

$735K$710K2023$0$02024$0$02025
Revenue Expenses · by fiscal year end
Financials of PHIL SCHAAP FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$0$0$0$25,000$0$25,000
December 31, 2024990-PF$0$0$0$25,000$0$25,000
December 31, 2023990-PF$734,711$709,711$25,000$25,000$0$25,000
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Expenses

Grants and similar amounts paid
$0

Balance sheet and other

Total assets, start of year
$25,000
Total assets, end of year
$25,000
Total liabilities, end of year
$0
Net assets, end of year
$25,000

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
SUSAN SHAFFER
140 CABRINI BLVD, NYC, NY 10033
President0$0
MATTHEW RIVERA
29 STODDARD PLACE, BROOKLYN, NY 10225
Trustee0$0
CHARLES ISELIN
740 WEST END AVE, NYC, NY 10025
Trustee0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
SUSAN SHAFFER
140 CABRINI BLVD, NYC, NY 10033
President0$0
MATTHEW RIVERA
29 STODDARD PLACE, BROOKLYN, NY 10225
Trustee0$0
CHARLES ISELIN
740 WEST END AVE, NYC, NY 10025
Trustee0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
SUSAN SHAFFER
140 CABRINI BLVD, NYC, NY 10033
President0$0
MATTHEW RIVERA
29 STODDARD PLACE, BROOKLYN, NY 10225
Trustee0$0
CHARLES ISELIN
740 WEST END AVE, NYC, NY 10025
Trustee0$0

Address and contacts

Address (IRS master file)
140 CABRINI BLVD APT 88, NEW YORK, NY 10033-3433
In care of
% SUSAN SHAFFER
Signed the 990-PF
SUSAN SHAFFER, President
Phone
(646) 242-8309
Return prepared by
COHEN PHILLIPS & SEIDEN 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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
87-2315262
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
2021
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$25,000
Income (IRS master file)
$1

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$0$0$25,000IRS
990-PFDecember 2024$0$0$25,000XML
990-PFDecember 2023$734,711$709,711$25,000XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––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 87-2315262).

Questions about PHIL SCHAAP FOUNDATION INC

What is the EIN of PHIL SCHAAP FOUNDATION INC?
The employer identification number (EIN) of PHIL SCHAAP FOUNDATION INC is 87-2315262.
Is PHIL SCHAAP FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to PHIL SCHAAP FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PHIL SCHAAP FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of PHIL SCHAAP 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 PHIL SCHAAP 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 PHIL SCHAAP FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does PHIL SCHAAP FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $0, expenses of $0 and total assets of $25,000 at year end.

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