Skip to main content

Nonprofit · EIN 13-7109402

CHALLENGER FOUNDATION

Tax-exempt · GARDEN CITY, NY 11530

Financials

$1.2M$252K2023$2.2M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of CHALLENGER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990-PF$2,209,695$1,612,750$596,945$24,145,896$0$24,145,896
July 31, 2024990-PF$1,168,767$252,428$916,339$23,094,995$0$23,094,995
Financial details: 990-PF for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$560,950
Interest
$176,783
Net gain from sales of assets
$1,452,620
Other income
$19,342

Expenses

Grants and similar amounts paid
$1,475,096
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,502,250
Excise tax on investment income
$29,257

Balance sheet and other

Total assets, start of year
$23,094,995
Total assets, end of year
$24,145,896
Total liabilities, end of year
$0
Net assets, end of year
$24,145,896
Fair market value of assets
$35,075,515
Qualifying distributions
$1,502,250
Net investment income
$2,190,353

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CATHY E MINEHAN
PO Box 7138, Garden City, NY 11530
TRUSTEE1$0
ELIZABETH A CORRIGAN
PO Box 7138, Garden City, NY 11530
TRUSTEE1$0
KAREN B TATE
PO Box 7138, Garden City, NY 11530
TRUSTEE1$0
990-PF for the year ended July 31, 2024: 3 people
NameTitleHours / weekCompensation
CATHY E MINEHAN
PO Box 7138, Garden City, NY 11530
TRUSTEE1$0
ELIZABETH A CORRIGAN
PO Box 7138, Garden City, NY 11530
TRUSTEE1$0
KAREN B TATE
PO Box 7138, Garden City, NY 11530
TRUSTEE1$0

Address and contacts

Address (IRS master file)
PO BOX 7138, GARDEN CITY, NY 11530-7138
In care of
% GOLDMAN SACHS PFO
Signed the 990-PF
Cathy Minehan, TRUSTEE
Phone
(212) 902-8711
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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
13-7109402
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
1998
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$24,145,896
Income (IRS master file)
$6,681,532

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJuly 2025$2,209,695$1,612,750$24,145,896XML
990-PFJuly 2024$1,168,767$252,428$23,094,995XML
990-PFJuly 2023–––IRS
990-PFJuly 2022–––IRS
990-PFJuly 2021–––IRS
990-PFJuly 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 13-7109402).

Questions about CHALLENGER FOUNDATION

What is the EIN of CHALLENGER FOUNDATION?
The employer identification number (EIN) of CHALLENGER FOUNDATION is 13-7109402.
Is CHALLENGER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to CHALLENGER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CHALLENGER FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of CHALLENGER FOUNDATION 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 CHALLENGER FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended July 2025.
Who are the officers and directors of CHALLENGER FOUNDATION?
The 990-PF for the year ended July 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does CHALLENGER FOUNDATION have?
On its 990-PF for the year ended July 31, 2025 it reported revenue of $2,209,695, expenses of $1,612,750 and total assets of $24,145,896 at year end.

Other nonprofits in GARDEN CITY

All nonprofits in GARDEN CITY · New York · Philanthropy, voluntarism and grantmaking foundations