Nonprofit · EIN 13-2895298
THE KW FUND INC
Tax-exempt · BROOKLYN, NY 11204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $907,960 | $694,970 | $212,990 | $3,742,453 | $0 | $3,742,453 |
| September 30, 2024 | 990-PF | $506,584 | $686,599 | -$180,015 | $3,529,463 | $0 | $3,529,463 |
| September 30, 2023 | 990-PF | $1,300,736 | $707,242 | $593,494 | $3,709,478 | $0 | $3,709,478 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $295,500
- Dividends
- $240,822
- Interest
- $367,934
- Net gain from sales of assets
- -$2,094
- Other income
- $5,798
Expenses
- Grants and similar amounts paid
- $693,650
- Disbursements for charitable purposes
- $693,650
- Excise tax on investment income
- $8,443
Balance sheet and other
- Total assets, start of year
- $3,529,463
- Total assets, end of year
- $3,742,453
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,742,453
- Fair market value of assets
- $3,742,453
- Qualifying distributions
- $693,650
- Net investment income
- $608,756
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHMUEL WALLERSTEIN 1373 EAST 13TH STREET, BROOKLYN, NY 11230 | DIRECTOR | 1 | $0 |
| CHANIE WALLERSTEIN 1373 EAST 13TH STREET, BROOKLYN, NY 11230 | DIRECTOR | 0 | $0 |
| FRAIDA CHAYN 2 COLTS COURT, JACKSON, NJ 08527 | DIRECTOR | 0 | $0 |
990-PF for the year ended September 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHMUEL WALLERSTEIN 1373 EAST 13TH STREET, BROOKLYN, NY 11230 | DIRECTOR | 1 | $0 |
| CHANIE WALLERSTEIN 1373 EAST 13TH STREET, BROOKLYN, NY 11230 | DIRECTOR | 0 | $0 |
| FRAIDA CHAYN 2 COLTS COURT, JACKSON, NJ 08527 | DIRECTOR | 0 | $0 |
990-PF for the year ended September 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shmuel Wallerstein 1373 East 13th Street, Brooklyn, NY 11230 | Director | 1 | $0 |
| Chanie Wallerstein 1373 East 13th Street, Brooklyn, NY 11230 | Director | 0 | $0 |
| Fraida Chayn 2 Colts Court, Jackson, NJ 08527 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1718 46TH ST, BROOKLYN, NY 11204-1211
- In care of
- % LOU WALLERSTEIN
- Signed the 990-PF
- SHMUEL WALLERSTEIN, DIRECTOR
- Phone
- (718) 627-4467
- Return prepared by
- HEIMFELD ASSOCIATES 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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990-PF on file |
IRS record
- EIN
- 13-2895298
- 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
- 1978
- Accounting year ends
- September
- Files
- Form 990-PF
- Assets (IRS master file)
- $3,742,453
- Income (IRS master file)
- $1,116,795
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $907,960 | $694,970 | $3,742,453 | XML |
| 990-PF | September 2024 | $506,584 | $686,599 | $3,529,463 | XML |
| 990-PF | September 2023 | $1,300,736 | $707,242 | $3,709,478 | XML |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
| 990-PF | September 2020 | – | – | – | IRS |
| 990-PF | September 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 13-2895298).
Questions about THE KW FUND INC
- What is the EIN of THE KW FUND INC?
- The employer identification number (EIN) of THE KW FUND INC is 13-2895298.
- Is THE KW FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to THE KW FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE KW FUND INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE KW FUND INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE KW FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who are the officers and directors of THE KW FUND INC?
- The 990-PF for the year ended September 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does THE KW FUND INC have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $907,960, expenses of $694,970 and total assets of $3,742,453 at year end.
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