Nonprofit · EIN 04-6049529
GRASS FOUNDATION
Tax-exempt · HARRISON, NY 10528
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,124,594 | $803,217 | $321,377 | $25,802,196 | $0 | $25,802,196 |
| December 31, 2023 | 990-PF | $140,455 | $1,215,050 | -$1,074,595 | $25,992,549 | $120,513 | $25,872,036 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $323,702
- Interest
- $5,027
- Net gain from sales of assets
- $770,235
- Other income
- $25,630
Expenses
- Grants and similar amounts paid
- $486,963
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $691,008
- Excise tax on investment income
- $27,975
Balance sheet and other
- Total assets, start of year
- $25,992,549
- Total assets, end of year
- $25,802,196
- Total liabilities, end of year
- $0
- Net assets, end of year
- $25,802,196
- Fair market value of assets
- $29,721,047
- Qualifying distributions
- $691,008
- Net investment income
- $2,284,148
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 |
|---|---|---|---|
| MATTHEW B MCFARLANE PHD C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | DIRECTOR, PRESIDENT | 10 | $0 |
| BERNICE GRAFSTEIN PHD C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | LIFE DIRECTOR, VICE PRESIDENT | 1 | $0 |
| JOSHUA GRASS PHD C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | DIRECTOR, TREASURER (BEGAN 12/19/2024) | 1 | $0 |
| CATHERINE E CARR PHD C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | LIFE DIRECTOR | 1 | $0 |
| HENRY J GRASS MD C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | LIFE DIRECTOR | 1 | $0 |
| RONALD R HOY PHD C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | LIFE DIRECTOR | 1 | $0 |
| KAMRAN KHODAKHAH PHD C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | LIFE DIRECTOR (BEGAN 07/11/2024) | 1 | $0 |
| FELIX E SCHWEIZER PHD C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | LIFE DIRECTOR | 1 | $0 |
| GWYNETH CARD PHD C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | DIRECTOR (BEGAN 01/11/2024) | 1 | $0 |
| KAFUI DZIRASA MD PHD C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | DIRECTOR | 1 | $0 |
| GUOPING FENG PHD C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | DIRECTOR | 1 | $0 |
| MICHAEL A LONG PHD C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | DIRECTOR | 1 | $0 |
| STEVEN J ZOTTOLI PHD C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW B MCFARLANE C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | DIRECTOR, PRESIDENT BEGAN JAN 24 | 10 | $0 |
| CATHERINE E CARR C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | LIFE DIRECTOR, PRESIDENT THRU DEC 23 | 1 | $0 |
| BERNICE GRAFSTEIN C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | LIFE DIRECTOR, VICE PRESIDENT | 1 | $0 |
| VICTOR F CHIN C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | DIRECTOR, TREASURER THRU DEC 23 | 1 | $0 |
| HENRY J GRASS C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | LIFE DIRECTOR | 1 | $0 |
| RONALD R HOY C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | LIFE DIRECTOR | 1 | $0 |
| FELIX E SCHWEIZER C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | LIFE DIRECTOR | 1 | $0 |
| STEVEN J ZOTTOLI C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | LIFE DIRECTOR | 1 | $0 |
| KAFUI DZIRASA C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | DIRECTOR | 1 | $0 |
| GUOPING FENG C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | DIRECTOR | 1 | $0 |
| MICHAEL A LONG C/O PKFOD 500 MAMARONECK AVE, HARRISON, NY 105281633 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- CO PKFOD 500 MAMARONECK AVE 301, HARRISON, NY 10528-0000
- In care of
- % FOUNDATION SOURCE
- Signed the 990-PF
- MATTHEW B MCFARLANE, 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 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
- 04-6049529
- 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
- 1957
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $25,802,196
- Income (IRS master file)
- $6,912,002
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,124,594 | $803,217 | $25,802,196 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $140,455 | $1,215,050 | $25,992,549 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 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 04-6049529).
Questions about GRASS FOUNDATION
- What is the EIN of GRASS FOUNDATION?
- The employer identification number (EIN) of GRASS FOUNDATION is 04-6049529.
- Is GRASS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1957.
- Are donations to GRASS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GRASS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GRASS FOUNDATION 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 GRASS FOUNDATION 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 GRASS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does GRASS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,124,594, expenses of $803,217 and total assets of $25,802,196 at year end.
Other nonprofits in HARRISON
- ALEXIS GREGORY FOUNDATION EIN 13-3201280 · last filed 990-PF for 2024
- SIDNEY E FRANK CHARITABLE FOUNDATION EIN 20-6383779 · last filed 990-PF for 2024
- DONALD A PELS CHARITABLE TR 081892 EIN 13-6998091 · last filed 990-PF for 2024
- TIPPET RISE FOUNDATION EIN 35-6933159 · last filed 990-PF for 2024
- LUM FOUNDATION EIN 85-4229703 · last filed 990-PF for 2024
- NEW TAMARIND FOUNDATION EIN 26-3324875 · last filed 990-PF for 2026
- LLEWELLYN FAMILY FOUNDATION EIN 38-4004143 · last filed 990-PF for 2025
- AMERICAN BOOKSELLERS ASSOC INC EIN 13-5676641 · last filed 990 for 2025