Nonprofit · EIN 92-1426465
LATERMAN FAMILY FOUNDATION INCORPORATED
Tax-exempt · NEW YORK, NY 10019
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $5,754 | $352,153 | -$346,399 | $4,722,804 | $150,000 | $4,572,804 |
| December 31, 2023 | 990-PF | $5,043,776 | $560,662 | $4,483,114 | $4,930,470 | $240,000 | $4,690,470 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $5,723
- Interest
- $31
Expenses
- Grants and similar amounts paid
- $293,550
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $434,778
- Excise tax on investment income
- $3,311
Balance sheet and other
- Total assets, start of year
- $4,930,470
- Total assets, end of year
- $4,722,804
- Total liabilities, end of year
- $150,000
- Net assets, end of year
- $4,572,804
- Fair market value of assets
- $4,722,804
- Qualifying distributions
- $434,778
- Net investment income
- $490,951
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANCES LATERMAN 152 WEST 57TH STREET - 21ST FLOOR, NEW YORK, NY 10019 | PRESIDENT & TRUSTEE | 1 | $0 |
| DOV C SCHLEIN 152 WEST 57TH STREET - 21ST FLOOR, NEW YORK, NY 10019 | TREASURER & TRUSTEE | 1 | $0 |
| JOSHUA LATERMAN 152 WEST 57TH STREET - 21ST FLOOR, NEW YORK, NY 10019 | TRUSTEE | 1 | $0 |
| LAURA LATERMAN 152 WEST 57TH STREET - 21ST FLOOR, NEW YORK, NY 10019 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANCES LATERMAN 152 WEST 57TH STREET - 21ST FLOOR, NEW YORK, NY 10019 | PRESIDENT & TRUSTEE | 1 | $0 |
| DOV C SCHLEIN 152 WEST 57TH STREET - 21ST FLOOR, NEW YORK, NY 10019 | TREASURER & TRUSTEE | 1 | $0 |
| JOSHUA LATERMAN 152 WEST 57TH STREET - 21ST FLOOR, NEW YORK, NY 10019 | TRUSTEE | 1 | $0 |
| LAURA LATERMAN 152 WEST 57TH STREET - 21ST FLOOR, NEW YORK, NY 10019 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 152 WEST 57TH STREET - 21ST FLOOR, NEW YORK, NY 10019-3310
- In care of
- % NUVERSE ADVISORS LLC
- Signed the 990-PF
- DOV C SCHLEIN, TREASURER & TRUSTEE
- Phone
- (212) 507-9125
- Return prepared by
- CLARK NUBER PS
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 92-1426465
- 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)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $4,722,804
- Income (IRS master file)
- $395,879
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $5,754 | $352,153 | $4,722,804 | XML |
| 990-PF | December 2023 | $5,043,776 | $560,662 | $4,930,470 | XML |
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 92-1426465).
Questions about LATERMAN FAMILY FOUNDATION INCORPORATED
- What is the EIN of LATERMAN FAMILY FOUNDATION INCORPORATED?
- The employer identification number (EIN) of LATERMAN FAMILY FOUNDATION INCORPORATED is 92-1426465.
- Is LATERMAN FAMILY FOUNDATION INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to LATERMAN FAMILY FOUNDATION INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LATERMAN FAMILY FOUNDATION INCORPORATED file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LATERMAN FAMILY FOUNDATION INCORPORATED 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 LATERMAN FAMILY FOUNDATION INCORPORATED 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 LATERMAN FAMILY FOUNDATION INCORPORATED?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does LATERMAN FAMILY FOUNDATION INCORPORATED have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,754, expenses of $352,153 and total assets of $4,722,804 at year end.
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