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Nonprofit · EIN 92-2376636

BLACK FAMILY PHILANTHROPIES INC

Tax-exempt · NEW YORK, NY 10022

Financials

$10.2M$3.7M2023$25.8M$6.7M2024$22.2M$11.6M2025
Revenue Expenses · by fiscal year end
Financials of BLACK FAMILY PHILANTHROPIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$22,202,066$11,628,638$10,573,428$17,007,844$0$17,007,844
December 31, 2024990-PF$25,840,455$6,720,753$19,119,702$12,024,618$0$12,024,618
December 31, 2023990-PF$10,214,460$3,682,906$6,531,554$1,547,839$0$1,547,839
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$15,175,802
Dividends
$268,027
Interest
$21
Net gain from sales of assets
$6,758,216

Expenses

Grants and similar amounts paid
$11,086,736
Compensation of officers, directors and key employees
$223,673
Disbursements for charitable purposes
$11,628,638
Excise tax on investment income
$97,665

Balance sheet and other

Total assets, start of year
$12,024,618
Total assets, end of year
$17,007,844
Total liabilities, end of year
$0
Net assets, end of year
$17,007,844
Fair market value of assets
$19,177,185
Qualifying distributions
$11,628,638
Net investment income
$7,026,264

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 / weekCompensationOther / benefits
KELVIN CHAN
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
EXECUTIVE DIRECTOR
Highest-paid employee
40$223,673$7,216
ALEXANDER BLACK
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
DIRECTOR0.5$0$0
JOSHUA BLACK
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
DIRECTOR0.5$0$0
VICTORIA BLACK
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
DIRECTOR0.5$0$0
MICHAEL RESSLER
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
DIRECTOR0.5$0$0
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensationOther / benefits
KELVIN CHAN
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
EXECUTIVE DIRECTOR
Highest-paid employee
40$375,000$5,625
ALEXANDER BLACK
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
DIRECTOR0.5$0$0
BENJAMIN BLACK
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
DIRECTOR0.5$0$0
JOSHUA BLACK
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
DIRECTOR0.5$0$0
VICTORIA BLACK
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
DIRECTOR20$0$0
MICHAEL RESSLER
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
DIRECTOR0.5$0$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
KELVIN CHAN
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
EXECUTIVE DIRECTOR
Highest-paid employee
40$296,875$6,875
ALEXANDER BLACK
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
DIRECTOR0.5$0$0
BENJAMIN BLACK
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
DIRECTOR0.5$0$0
JOSHUA BLACK
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
DIRECTOR0.5$0$0
VICTORIA BLACK
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
DIRECTOR10$0$0
MICHAEL RESSLER
C/O ELYSIUM MGMT 445 PARK AVE 1401, NEW YORK, NY 10022
DIRECTOR0.5$0$0

Address and contacts

Address (IRS master file)
CO ELYSIUM 445 PARK AVE 1401, NEW YORK, NY 10022-0000
In care of
% CO ELYSIUM MANAGEMENT
Signed the 990-PF
VICTORIA BLACK, DIRECTOR
Phone
(646) 589-0304
Return prepared by
EISNER ADVISORY GROUP LLC

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
92-2376636
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
2024
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$17,007,844
Income (IRS master file)
$22,202,066

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$22,202,066$11,628,638$17,007,844IRS
990-PFDecember 2024$25,840,455$6,720,753$12,024,618IRS
990-PFDecember 2023$10,214,460$3,682,906$1,547,839XML

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 92-2376636).

Questions about BLACK FAMILY PHILANTHROPIES INC

What is the EIN of BLACK FAMILY PHILANTHROPIES INC?
The employer identification number (EIN) of BLACK FAMILY PHILANTHROPIES INC is 92-2376636.
Is BLACK FAMILY PHILANTHROPIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to BLACK FAMILY PHILANTHROPIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BLACK FAMILY PHILANTHROPIES INC file?
Form 990-PF. Private foundations file every year.
When is the next return of BLACK FAMILY PHILANTHROPIES 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 BLACK FAMILY PHILANTHROPIES 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 BLACK FAMILY PHILANTHROPIES INC?
The 990-PF for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $223,673 (KELVIN CHAN, EXECUTIVE DIRECTOR).
How much revenue does BLACK FAMILY PHILANTHROPIES INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $22,202,066, expenses of $11,628,638 and total assets of $17,007,844 at year end.

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