Skip to main content

Nonprofit · EIN 87-4778221

SOLOVEY FAMILY FOUNDATION INC

Tax-exempt · NEW YORK, NY 10006

Financials

$1M$430K2023$0$230K2024$300K$381K2025
Revenue Expenses · by fiscal year end
Financials of SOLOVEY FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$300,000$381,449-$81,449$329,754$0$329,754
December 31, 2024990-PF$0$230,280-$230,280$411,203$0$411,203
December 31, 2023990-PF$1,000,000$430,309$569,691$641,483$0$641,483
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$300,000

Expenses

Grants and similar amounts paid
$381,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$381,000

Balance sheet and other

Total assets, start of year
$411,203
Total assets, end of year
$329,754
Total liabilities, end of year
$0
Net assets, end of year
$329,754
Fair market value of assets
$329,754
Qualifying distributions
$381,000

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
ALEX SOLOVEY
46 JANE DRIVE, ENGELWOOD CLIFFS, NJ 07632
TRUSTEE0$0
ALLA SOLOVEY
46 JANE DRIVE, ENGELWOOD CLIFFS, NJ 07632
TRUSTEE0$0
DANIELLA SOLOVEY
46 JANE DRIVE, ENGELWOOD CLIFFS, NJ 07632
TRUSTEE0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
alex solovey
46 jane drive, engelwood cliffs, NJ 07632
trustee0$0
alla solovey
46 jane drive, engelwood cliffs, NJ 07632
trustee0$0
daniella solovey
46 jane drive, engelwood cliffs, NJ 07632
trustee0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
alex solovey
46 jane drive, engelwood cliffs, NJ 07632
trustee0$0
alla solovey
46 jane drive, engelwood cliffs, NJ 07632
trustee0$0
daniella solovey
46 jane drive, engelwood cliffs, NJ 07632
trustee0$0

Address and contacts

Address (IRS master file)
45 BROADWAY 8TH FLOOR, NEW YORK, NY 10006-3078
In care of
% BDO USA
Signed the 990-PF
ALEX SOLOVEY, TRUSTEE
Phone
(516) 354-2662
Return prepared by
LESHKOWITZ & COMPANY 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
87-4778221
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
2023
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$329,754
Income (IRS master file)
$300,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$300,000$381,449$329,754IRS
990-PFDecember 2024$0$230,280$411,203IRS
990-PFDecember 2023$1,000,000$430,309$641,483XML
990-PFDecember 2022–––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 87-4778221).

Questions about SOLOVEY FAMILY FOUNDATION INC

What is the EIN of SOLOVEY FAMILY FOUNDATION INC?
The employer identification number (EIN) of SOLOVEY FAMILY FOUNDATION INC is 87-4778221.
Is SOLOVEY FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to SOLOVEY FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SOLOVEY FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of SOLOVEY FAMILY 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 SOLOVEY FAMILY 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 SOLOVEY FAMILY 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 SOLOVEY FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $300,000, expenses of $381,449 and total assets of $329,754 at year end.

Other nonprofits in NEW YORK

All nonprofits in NEW YORK · New York · Human services