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Nonprofit · EIN 16-1760622

PALMS FOR LIFE FUND INC

Tax-exempt · BRONXVILLE, NY 10708

Financials

$5.8M$5.1M2023$5.3M$5.4M2024
Revenue Expenses · by fiscal year end
Financials of PALMS FOR LIFE FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,297,622$5,352,960-$55,338$1,339,716$198,441$1,141,275
December 31, 2023990$5,772,982$5,114,557$658,425$1,416,604$143,217$1,273,387
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,709,339
Program service revenue
$557,303
Investment income
$30,980
Net gain from sales of assets
$16,816
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,656,792
Compensation of officers, directors and key employees
$153,200
Other salaries and wages
$37,200
Salaries, compensation and benefits (total)
$208,060
Professional fundraising fees
$0
Legal fees
$19,121
Accounting fees
$9,607
Travel
$20,633
Program services (functional)
$5,059,949
Management and general (functional)
$293,011

Balance sheet and other

Total assets, start of year
$1,416,604
Total assets, end of year
$1,339,716
Total liabilities, end of year
$198,441
Net assets, end of year
$1,141,275
Net assets without donor restrictions
$1,141,275
Gross receipts
$5,297,622
Employees
2
Volunteers
4
Year formed
2006
State of legal domicile
DE

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
HANNAH LAUFER-ROTTMANEXECUTIVE DIRECTOR
Officer
40$153,200
NAAMA LAUFERPRESIDENT
Trustee or director, Officer
2$0
ANDREW J TRAGERTREASURER
Trustee or director, Officer
2$0
ERIC MOSKOWITZDIRECTOR
Trustee or director
1$0
ELIZAVETA MALASHENKODIRECTOR
Trustee or director
1$0
ELLEN JACOBSONDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
HANNAH LAUFER-ROTTMANEXECUTIVE DIRECTOR
Officer
40$109,200
NAAMA LAUFERPRESIDENT
Trustee or director, Officer
2$0
ANDREW J TRAGERTREASURER
Trustee or director, Officer
2$0
ERIC MOSKOWITZDIRECTOR
Trustee or director
1$0
ELIZAVETA MALASHENKODIRECTOR
Trustee or director
1$0
ELLEN JACOBSONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
136 LONGVALE RD, BRONXVILLE, NY 10708-2737
In care of
% HANNAH LAUFER
Principal officer (990 for 2024)
HANNAH LAUFER-ROTTMAN, 136 LONGVALE ROAD, BRONXVILLE, NY 10708
Signed the 990
HANNAH LAUFER-ROTTMAN, EXECUTIVE DIRECTOR
Phone
(212) 764-7259
Return prepared by
SKODY SCOT & CO CPAS PC

Mission

TO ADVOCATE FOR AND SUPPORT THE CREATION OF INFRASTRUCTURE THAT PROVIDES ACCESS TO EDUCATION, FOOD, WATER AND SANITATION FOR VULNERABLE COMMUNITIES THROUGHOUT AFRICA, LATIN AMERICA AND ASIA. WE OPERATE FROM A BASIC HUMAN RIGHTS PERSPECTIVE BECAUSE ACCESS TO SAFE AND SUSTAINABLE FOOD, WATER, SANITATION AND EDUCATION IS A RIGHT NOT JUST A HUMANITARIAN ISSUE.

990 for the year ended December 31, 2024

Program accomplishments

  • PALMS FOR LIFE FUND (PFLF) IS INVESTING IN SOUTHERN AFRICA TO SUPPORT ACCESS TO EDUCATION, TECHNOLOGY, HEALTH, NUTRITION, WATER AND SANITATION, FOR THE ADVANCEMENT, PROTECTION AND PRESERVATION OF MARGINALISED AND VULNERABLE SAN AND KHOE COMMUNITIES PFLF USES A RESULTS-DRIVEN, HUMAN RIGHTS APPROACH, WITHIN THE CONTEXT OF THE UN SUSTAINABLE DEVELOPMENT GOALS.PFLF OPERATES IN ANGOLA, BOTSWANA, NAMIBIA, SOUTH AFRICA AND ZIMBABWE WHERE IT IMPLEMENTS A 3-YEAR SOCIAL DEVELOPMENT PROGRAM, WITH GENEROUS FUNDING MAINLY BY PRIVATE FAMILY FOUNDATIONS. IN ALL COUNTRIES, PFLF WORKS CLOSELY WITH GOVERNMENT AND LOCAL IMPLEMENTING PARTNERS, WHO ARE EXPERTS IN SOCIAL DEVELOPMENT. PROJECTS ARE DIVERSE AND RANGE FROM VOCATIONAL TRAINING TO FOOD SECURITY, BUILDING OF EDUCATIONAL INFRASTRUCTURE AND PROTECTION AND PRESERVATION OF LOCAL CULTURES, LANGUAGES AND KNOWLEDGE. PFLF IS IMPACTING THE LIVES AND LIVELIHOODS OF THOUSANDS OF FAMILIES IN THE SOUTHERN AFRICAN REGION.
    Expenses $5,059,949 · grants $1,656,792 · revenue $557,303

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
16-1760622
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,339,716
Income (IRS master file)
$5,297,622

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,297,622$5,352,960$1,339,716XML
990December 2023$5,772,982$5,114,557$1,416,604XML
990December 2022$4,376,813$4,498,697$774,784IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 16-1760622).

Questions about PALMS FOR LIFE FUND INC

What is the EIN of PALMS FOR LIFE FUND INC?
The employer identification number (EIN) of PALMS FOR LIFE FUND INC is 16-1760622.
Is PALMS FOR LIFE FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to PALMS FOR LIFE FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PALMS FOR LIFE FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PALMS FOR LIFE FUND 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 PALMS FOR LIFE FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PALMS FOR LIFE FUND INC?
The 990 for the year ended December 31, 2024 names HANNAH LAUFER-ROTTMAN.
Who are the officers and directors of PALMS FOR LIFE FUND INC?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $153,200 (HANNAH LAUFER-ROTTMAN, EXECUTIVE DIRECTOR).
How much revenue does PALMS FOR LIFE FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,297,622, expenses of $5,352,960 and total assets of $1,339,716 at year end.

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