Nonprofit · EIN 11-3237003
ACE FOUNDATION INC
Tax-exempt · BROOKLYN, NY 11204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990-PF | -$16,341 | $24,242 | -$40,583 | $18,407,528 | $0 | $18,407,528 |
| October 31, 2024 | 990-PF | $536,462 | $886,146 | -$349,684 | $18,471,123 | $23,012 | $18,448,111 |
| October 31, 2023 | 990-PF | $346,228 | $1,225,437 | -$879,209 | $18,801,795 | $4,000 | $18,797,795 |
| October 31, 2022 | 990-PF | $1,878,909 | $3,277,645 | -$1,398,736 | $19,677,004 | $0 | $19,677,004 |
| October 31, 2021 | 990-PF | $296,793 | $2,950,887 | -$2,654,094 | $21,096,740 | $21,000 | $21,075,740 |
Financial details: 990-PF for the year ended October 31, 2025
Revenue
- Other income
- -$16,341
Expenses
- Grants and similar amounts paid
- $20,601
- Disbursements for charitable purposes
- $20,601
Balance sheet and other
- Total assets, start of year
- $18,471,123
- Total assets, end of year
- $18,407,528
- Total liabilities, end of year
- $0
- Net assets, end of year
- $18,407,528
- Fair market value of assets
- $18,270,835
- Qualifying distributions
- $20,601
- Net investment income
- -$16,341
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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Aaron Elbogen 1650 49th Street, Brooklyn, NY 11204 | President | 1 | $0 |
| Chaya Elbogen 1650 49th Street, Brooklyn, NY 11204 | Vice Pres. | 1 | $0 |
990-PF for the year ended October 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Aaron Elbogen 1650 49th Street, Brooklyn, NY 11204 | President | 1 | $0 |
| Chaya Elbogen 1650 49th Street, Brooklyn, NY 11204 | Vice Pres. | 1 | $0 |
990-PF for the year ended October 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Aaron Elbogen 1650 49th Street, Brooklyn, NY 11204 | President | 1 | $0 |
| Chaya Elbogen 1650 49th Street, Brooklyn, NY 11204 | Vice Pres. | 1 | $0 |
990-PF for the year ended October 31, 2022: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Aaron Elbogen 1650 49th Street, Brooklyn, NY 11204 | President | 1 | $0 |
| Chaya Elbogen 1650 49th Street, Brooklyn, NY 11204 | Vice Pres. | 1 | $0 |
990-PF for the year ended October 31, 2021: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Aaron Elbogen 1650 49th Street, Brooklyn, NY 11204 | President | 0 | $0 |
| Chaya Elbogen 1650 49th Street, Brooklyn, NY 11204 | Vice Pres. | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1650 49TH ST, BROOKLYN, NY 11204-1133
- Signed the 990-PF
- Aaron Elbogen, President
- Phone
- (718) 431-2355
- Return prepared by
- Daniel D Baumann CPA
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | October 31, 2025 | March 16, 2026 | 990-PF on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990-PF on file |
| 2022 | October 31, 2023 | March 15, 2024 | 990-PF on file |
IRS record
- EIN
- 11-3237003
- 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
- 1995
- Accounting year ends
- October
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30J)
- Assets (IRS master file)
- $18,407,528
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | October 2025 | -$16,341 | $24,242 | $18,407,528 | XML |
| 990-PF | October 2024 | $536,462 | $886,146 | $18,471,123 | XML |
| 990-PF | October 2023 | $346,228 | $1,225,437 | $18,801,795 | XML |
| 990-PF | October 2022 | $1,878,909 | $3,277,645 | $19,677,004 | XML |
| 990-PF | October 2021 | $296,793 | $2,950,887 | $21,096,740 | XML |
| 990-PF | October 2020 | – | – | – | IRS |
| 990-PF | October 2018 | – | – | – | 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 11-3237003).
Questions about ACE FOUNDATION INC
- What is the EIN of ACE FOUNDATION INC?
- The employer identification number (EIN) of ACE FOUNDATION INC is 11-3237003.
- Is ACE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to ACE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ACE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ACE FOUNDATION INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended October 2025.
- Who are the officers and directors of ACE FOUNDATION INC?
- The 990-PF for the year ended October 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does ACE FOUNDATION INC have?
- On its 990-PF for the year ended October 31, 2025 it reported revenue of -$16,341, expenses of $24,242 and total assets of $18,407,528 at year end.
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