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Nonprofit · EIN 04-3489966

FRANCES LEAR FOUNDATION

Tax-exempt · HARRISON, NY 10528

Financials

$590K$795K2023$630K$902K2024$1.1M$785K2025
Revenue Expenses · by fiscal year end
Financials of FRANCES LEAR FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,112,623$785,058$327,565$9,435,441$0$9,435,441
December 31, 2024990-PF$629,892$901,719-$271,827$8,688,183$0$8,688,183
December 31, 2023990-PF$590,323$794,952-$204,629$8,605,936$0$8,605,936
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$235,996
Interest
$7,027
Net gain from sales of assets
$869,193
Other income
$407

Expenses

Grants and similar amounts paid
$672,500
Compensation of officers, directors and key employees
$12,500
Disbursements for charitable purposes
$719,269
Excise tax on investment income
$14,627

Balance sheet and other

Total assets, start of year
$8,688,183
Total assets, end of year
$9,435,441
Total liabilities, end of year
$0
Net assets, end of year
$9,435,441
Fair market value of assets
$9,435,441
Qualifying distributions
$719,269
Net investment income
$1,112,623

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
MAGGIE LEAR
C/O PKFOD LLP 500 MAMARONECK AVE, HARRISON, NY 10528
PRESIDENT1$12,500
KATE BRECKIR LEAR
C/O PKFOD LLP 500 MAMARONECK AVE, HARRISON, NY 10528
DIRECTOR1$0
DANIEL R KATZ
C/O PKFOD LLP 500 MAMARONECK AVE, HARRISON, NY 10528
DIRECTOR1$0
DR JONATHAN LAPOOK
C/O PKFOD LLP 500 MAMARONECK AVE, HARRISON, NY 10528
DIRECTOR1$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
MAGGIE LEAR
C/O PKFOD LLP 500 MAMARONECK AVE, HARRISON, NY 10528
PRESIDENT1$12,500
KATE BRECKIR LEAR
C/O PKFOD LLP 500 MAMARONECK AVE, HARRISON, NY 10528
DIRECTOR1$0
DANIEL R KATZ
C/O PKFOD LLP 500 MAMARONECK AVE, HARRISON, NY 10528
DIRECTOR1$0
DR JONATHAN LAPOOK
C/O PKFOD LLP 500 MAMARONECK AVE, HARRISON, NY 10528
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
MAGGIE LEAR
C/O PKFOD LLP 500 MAMARONECK AVE, HARRISON, NY 10528
PRESIDENT1$0
KATE BRECKIR LEAR
C/O PKFOD LLP 500 MAMARONECK AVE, HARRISON, NY 10528
DIRECTOR1$0
DANIEL R KATZ
C/O PKFOD LLP 500 MAMARONECK AVE, HARRISON, NY 10528
DIRECTOR1$0
DR JONATHAN LAPOOK
C/O PKFOD LLP 500 MAMARONECK AVE, HARRISON, NY 10528
DIRECTOR1$0

Address and contacts

Address (IRS master file)
500 MAMARONECK AVENUE, HARRISON, NY 10528-1633
In care of
% OCONNOR DAVIES LLP
Signed the 990-PF
MAGGIE LEAR, PRESIDENT
Phone
(914) 381-8900
Return prepared by
PKF O'CONNOR DAVIES ADVISORY 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
04-3489966
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
1999
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$9,435,441
Income (IRS master file)
$8,449,538

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,112,623$785,058$9,435,441IRS
990-PFDecember 2024$629,892$901,719$8,688,183XML
990-PFDecember 2023$590,323$794,952$8,605,936XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 04-3489966).

Questions about FRANCES LEAR FOUNDATION

What is the EIN of FRANCES LEAR FOUNDATION?
The employer identification number (EIN) of FRANCES LEAR FOUNDATION is 04-3489966.
Is FRANCES LEAR FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to FRANCES LEAR FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FRANCES LEAR FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of FRANCES LEAR 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 FRANCES LEAR 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 FRANCES LEAR FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $12,500 (MAGGIE LEAR, PRESIDENT).
How much revenue does FRANCES LEAR FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,112,623, expenses of $785,058 and total assets of $9,435,441 at year end.

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