Nonprofit · EIN 13-4222089
SHAU-WAI AND MARIE LAM FAMILY FOUNDATION
Tax-exempt · SUMMIT, NJ 07901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $574,386 | $232,765 | $341,621 | $1,177,884 | $0 | $1,177,884 |
| December 31, 2024 | 990-PF | $191,277 | $209,261 | -$17,984 | $837,919 | $0 | $837,919 |
| December 31, 2023 | 990-PF | $109,978 | $186,268 | -$76,290 | $857,726 | $0 | $857,726 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $496,000
- Dividends
- $5,910
- Interest
- $735
- Net gain from sales of assets
- $71,741
Expenses
- Grants and similar amounts paid
- $219,229
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $219,229
- Excise tax on investment income
- $1,090
Balance sheet and other
- Total assets, start of year
- $837,919
- Total assets, end of year
- $1,177,884
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,177,884
- Fair market value of assets
- $2,090,758
- Qualifying distributions
- $219,229
- Net investment income
- $78,386
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHAU-WAI LAM 81 HOBART STREET, SUMMIT, NJ 07901 | CHAIRMN-ASRQ | 0 | $0 |
| MARIE WEI-WUN LAM 81 HOBART STREET, SUMMIT, NJ 07901 | TRSR-ASRQ | 0 | $0 |
| JEFFREY WACKSMAN C/O LOEB BLOCK PARTNERS LL, NEW YORK, NY 10022 | SEC'Y-ASRQ | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHAU-WAI LAM 81 HOBART STREET, SUMMIT, NJ 07901 | CHAIRMN-ASRQ | 0 | $0 |
| MARIE WEI-WUN LAM 81 HOBART STREET, SUMMIT, NJ 07901 | TRSR-ASRQ | 0 | $0 |
| JEFFREY WACKSMAN C/O LOEB BLOCK PARTNERS LL, NEW YORK, NY 10022 | SEC'Y-ASRQ | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHAU-WAI LAM 81 HOBART STREET, SUMMIT, NJ 07901 | CHAIRMN-ASRQ | 0 | $0 |
| MARIE WEI-WUN LAM 81 HOBART STREET, SUMMIT, NJ 07901 | TRSR-ASRQ | 0 | $0 |
| JEFFREY WACKSMAN C/O LOEB BLOCK PARTNERS LL, NEW YORK, NY 10022 | SEC'Y-ASRQ | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 81 HOBART AVE, SUMMIT, NJ 07901-2808
- In care of
- % LOEB BLOCK & PARTNERS LLP
- Signed the 990-PF
- SHAU-WAI LAM, PRESIDENT
- Phone
- (732) 770-8288
- Return prepared by
- LOEB BLOCK & PARTNERS 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 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 | 990-PF 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
- 13-4222089
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,177,884
- Income (IRS master file)
- $643,458
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $574,386 | $232,765 | $1,177,884 | IRS |
| 990-PF | December 2024 | $191,277 | $209,261 | $837,919 | XML |
| 990-PF | December 2023 | $109,978 | $186,268 | $857,726 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 13-4222089).
Questions about SHAU-WAI AND MARIE LAM FAMILY FOUNDATION
- What is the EIN of SHAU-WAI AND MARIE LAM FAMILY FOUNDATION?
- The employer identification number (EIN) of SHAU-WAI AND MARIE LAM FAMILY FOUNDATION is 13-4222089.
- Is SHAU-WAI AND MARIE LAM FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to SHAU-WAI AND MARIE LAM FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SHAU-WAI AND MARIE LAM FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SHAU-WAI AND MARIE LAM FAMILY FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHAU-WAI AND MARIE LAM FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of SHAU-WAI AND MARIE LAM FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does SHAU-WAI AND MARIE LAM FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $574,386, expenses of $232,765 and total assets of $1,177,884 at year end.
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