Nonprofit · EIN 13-3437905
KITOV FOUNDATION
Tax-exempt · MONSEY, NY 10952
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $329,026 | $555,137 | -$226,111 | $5,820,127 | $3,377 | $5,816,750 |
| June 30, 2024 | 990-PF | $186,515 | $391,655 | -$205,140 | $6,008,926 | $4,539 | $6,004,387 |
| June 30, 2023 | 990-PF | $354,955 | $379,231 | -$24,276 | $6,211,125 | $1,598 | $6,209,527 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $133,456
- Dividends
- $99,698
- Interest
- $7
- Net gain from sales of assets
- $95,863
- Other income
- $2
Expenses
- Grants and similar amounts paid
- $544,344
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $550,387
- Excise tax on investment income
- $2,652
Balance sheet and other
- Total assets, start of year
- $6,008,926
- Total assets, end of year
- $5,820,127
- Total liabilities, end of year
- $3,377
- Net assets, end of year
- $5,816,750
- Fair market value of assets
- $10,388,432
- Qualifying distributions
- $550,387
- Net investment income
- $195,570
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACOB Z SCHUSTER 12 LYNCREST DRIVE, MONSEY, NY 10952 | TRUSTEE | 1 | $0 |
| DIANE T SCHUSTER 12 LYNCREST DRIVE, MONSEY, NY 10952 | TRUSTEE | 1 | $0 |
990-PF for the year ended June 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACOB Z SCHUSTER 12 LYNCREST DRIVE, MONSEY, NY 10952 | TRUSTEE | 1 | $0 |
| DIANE T SCHUSTER 12 LYNCREST DRIVE, MONSEY, NY 10952 | TRUSTEE | 1 | $0 |
990-PF for the year ended June 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACOB Z SCHUSTER 12 LYNCREST DRIVE, MONSEY, NY 10952 | TRUSTEE | 1 | $0 |
| DIANE T SCHUSTER 12 LYNCREST DRIVE, MONSEY, NY 10952 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 12 LYNCREST DR, MONSEY, NY 10952-1628
- In care of
- % ERNST & YOUNG US LLP
- Signed the 990-PF
- JACOB SCHUSTER, TRUSTEE
- Phone
- (212) 773-3000
- Return prepared by
- ERNST & YOUNG US LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 13-3437905
- 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
- 1989
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $5,820,127
- Income (IRS master file)
- $417,596
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $329,026 | $555,137 | $5,820,127 | XML |
| 990-PF | June 2024 | $186,515 | $391,655 | $6,008,926 | XML |
| 990-PF | June 2023 | $354,955 | $379,231 | $6,211,125 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 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 13-3437905).
Questions about KITOV FOUNDATION
- What is the EIN of KITOV FOUNDATION?
- The employer identification number (EIN) of KITOV FOUNDATION is 13-3437905.
- Is KITOV FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to KITOV FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KITOV FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KITOV FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KITOV FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of KITOV FOUNDATION?
- The 990-PF for the year ended June 30, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does KITOV FOUNDATION have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $329,026, expenses of $555,137 and total assets of $5,820,127 at year end.
Other nonprofits in MONSEY
- HAMASPIK CHOICE INC EIN 45-4781328 · last filed 990 for 2024
- COMMUNITY HEALTH AIDE SERVICES INC EIN 14-1694451 · last filed 990 for 2024
- HAMASKPIK OF ROCKLAND COUNTY INC EIN 13-3978518 · last filed 990 for 2024
- COMMUNITY OUTREACH CENTER INC EIN 13-3972370 · last filed 990 for 2024
- BAIS EPHRAIM CHARITABLE FOUNDATION TR EIN 11-6548272 · last filed 990-PF for 2025
- NORTHERN METROPOLITAN INC EIN 13-3070759 · last filed 990 for 2024
- COMMUNITY MEDICAL AND DENTAL CARE EIN 13-4009634 · last filed 990 for 2024
- EUROPEAN JEWISH ASSOCIATION INC EIN 83-4271880 · last filed 990 for 2023