Nonprofit · EIN 13-4115138
MORRIS & DVORA SCHARF FOUNDATION INC
Tax-exempt · BROOKLYN, NY 11224
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $593,385 | $470,608 | $122,777 | $11,534,916 | $3,028,452 | $8,506,464 |
| December 31, 2023 | 990-PF | -$241,997 | $316,155 | -$558,152 | $11,412,139 | $3,028,452 | $8,383,687 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $96,392
- Net gain from sales of assets
- $404,156
- Other income
- $92,837
Expenses
- Grants and similar amounts paid
- $389,735
- Disbursements for charitable purposes
- $389,735
- Excise tax on investment income
- $5,871
Balance sheet and other
- Total assets, start of year
- $11,412,139
- Total assets, end of year
- $11,534,916
- Total liabilities, end of year
- $3,028,452
- Net assets, end of year
- $8,506,464
- Fair market value of assets
- $10,062,290
- Qualifying distributions
- $389,735
- Net investment income
- $503,278
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 |
|---|---|---|---|
| MORRIS SCHARF MORRIS SCHARF 4908 BEACH RESERVATION, BROOKLYN, NY 11224 | PRESIDENT | 1 | $0 |
| DVORA SCHARF DVORA SCHARF 4908 BEACH RESERVATION, BROOKLYN, NY 11224 | VICE PRESIDE | 1 | $0 |
| NECHAMA SCHARF NECHAMA SCHARF 4908 BEACH RESERVATION, BROOKLYN, NY 11224 | SECRETARY | 1 | $0 |
| TOBY SCHARF TOBY SCHARF 4908 BEACH RESERVATION, BROOKLYN, NY 11224 | ASST SECRETA | 1 | $0 |
| ABRAHAM SCHARF ABRAHAM SCHARF 4908 BEACH RESERVATION, BROOKLYN, NY 11224 | TREASURER | 1 | $0 |
| LIPA SCHARF LIPA SCHARF 4908 BEACH RESERVATION, BROOKLYN, NY 11224 | ASST TREASUR | 1 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MORRIS SCHARF MORRIS SCHARF 4908 BEACH RESERVATION, BROOKLYN, NY 11224 | PRESIDENT | 2 | $0 |
| DVORA SCHARF DVORA SCHARF 4908 BEACH RESERVATION, BROOKLYN, NY 11224 | VICE PRESIDE | 1 | $0 |
| NECHAMA SCHARF NECHAMA SCHARF 4908 BEACH RESERVATION, BROOKLYN, NY 11224 | SECRETARY | 1 | $0 |
| TOBY SCHARF TOBY SCHARF 4908 BEACH RESERVATION, BROOKLYN, NY 11224 | ASST SECRETA | 1 | $0 |
| ABRAHAM SCHARF ABRAHAM SCHARF 4908 BEACH RESERVATION, BROOKLYN, NY 11224 | TREASURER | 1 | $0 |
| LIPA SCHARF LIPA SCHARF 4908 BEACH RESERVATION, BROOKLYN, NY 11224 | ASST TREASUR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4908 BEACH RESERVATION, BROOKLYN, NY 11224-1102
- In care of
- % ROBINS & ASSOCIATES LLP
- Signed the 990-PF
- MORRIS SCHARF, PRESIDENT
- Phone
- (845) 369-8851
- Return prepared by
- THE KURZER GROUP LLC CPAS
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
- 13-4115138
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $11,534,916
- Income (IRS master file)
- $1,737,831
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $593,385 | $470,608 | $11,534,916 | IRS |
| 990-PF | December 2023 | -$241,997 | $316,155 | $11,412,139 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 13-4115138).
Questions about MORRIS & DVORA SCHARF FOUNDATION INC
- What is the EIN of MORRIS & DVORA SCHARF FOUNDATION INC?
- The employer identification number (EIN) of MORRIS & DVORA SCHARF FOUNDATION INC is 13-4115138.
- Is MORRIS & DVORA SCHARF FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to MORRIS & DVORA SCHARF FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MORRIS & DVORA SCHARF FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MORRIS & DVORA SCHARF FOUNDATION INC 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 MORRIS & DVORA SCHARF FOUNDATION INC 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 MORRIS & DVORA SCHARF FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does MORRIS & DVORA SCHARF FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $593,385, expenses of $470,608 and total assets of $11,534,916 at year end.
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