Nonprofit · EIN 22-2948675
MAX AND MARIAN FARASH CHARITABLE FOUNDATION
Tax-exempt · ROCHESTER, NY 14604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $29,955,570 | $24,403,631 | $5,551,939 | $341,907,880 | $6,213,739 | $335,694,141 |
| December 31, 2023 | 990-PF | $26,460,451 | $29,082,246 | -$2,621,795 | $326,670,285 | $7,960,617 | $318,709,668 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $3,618,837
- Interest
- $3,280,405
- Net rental income
- -$571,976
- Net gain from sales of assets
- $11,464,967
- Other income
- $9,765,519
Expenses
- Grants and similar amounts paid
- $11,138,162
- Compensation of officers, directors and key employees
- $608,500
- Salaries, compensation and benefits (total)
- $992,980
- Disbursements for charitable purposes
- $16,301,081
- Excise tax on investment income
- $276,792
Balance sheet and other
- Total assets, start of year
- $326,670,285
- Total assets, end of year
- $341,907,880
- Total liabilities, end of year
- $6,213,739
- Net assets, end of year
- $335,694,141
- Fair market value of assets
- $341,907,880
- Qualifying distributions
- $16,301,081
- Net investment income
- $29,907,633
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 | Other / benefits |
|---|---|---|---|---|
| JENNIE SCHAFF 255 EAST AVENUE, ROCHESTER, NY 14604 | CHIEF EXECUTIVE OFFICER | 37.5 | $338,500 | $72,586 |
| MEGAN BELL 255 EAST AVENUE, ROCHESTER, NY 14604 | CHIEF PROGRAM OFFICE Highest-paid employee | 37.5 | $268,194 | $54,713 |
| TRISHA BUTERA 255 EAST AVENUE, ROCHESTER, NY 14604 | DIRECTOR OF FINANCE Highest-paid employee | 37.5 | $182,500 | $33,368 |
| MICHAEL ZIMMERMAN 255 EAST AVENUE, ROCHESTER, NY 14604 | PROGRAM OFFICER Highest-paid employee | 37.5 | $127,900 | $16,650 |
| ALICIA JINKS 255 EAST AVENUE, ROCHESTER, NY 14604 | GRANTS MANAGEMENT OF Highest-paid employee | 37.5 | $123,134 | $46,983 |
| MARCUS BLISS 255 EAST AVENUE, ROCHESTER, NY 14604 | PROGRAM OFFICER Highest-paid employee | 37.5 | $115,151 | $43,855 |
| DAAN BRAVEMAN 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE & BOARD CHAIR | 5 | $35,000 | $0 |
| KENNETH D BELL 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE & TREASURER | 3.25 | $30,000 | $0 |
| HOFFMAN MOKA LANTUM MD PHD 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE & SECRETARY | 2 | $25,000 | $0 |
| JOY RYEN PLOTNIK 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE & COMMITTEE CHAIR | 1.5 | $25,000 | $0 |
| MATTHEW AROESTY 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE & COMMITTEE CHAIR | 1.75 | $25,000 | $0 |
| PATRICIA LOVELAND 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE & COMMITTEE CHAIR | 1.75 | $25,000 | $0 |
| THERESA MAZZULLO 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE & COMMITTEE CHAIR | 1.25 | $25,000 | $0 |
| EDWARD HOURIHAN JR 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE | 1.25 | $20,000 | $0 |
| GREGORY WOLCOTT 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE | 2.25 | $20,000 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NATHAN J ROBFOGEL ESQ 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE | 1.25 | $20,000 |
| DOUGLAS BENNETT 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE | 1.25 | $20,000 |
990-PF for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIE SCHAFF 255 EAST AVENUE, ROCHESTER, NY 14604 | CHIEF EXECUTIVE OFFICER | 37.5 | $300,000 | $26,400 |
| SUSAN ROSENBLOOM 255 EAST AVENUE, ROCHESTER, NY 14604 | CHIEF FINANCE & ADMI Highest-paid employee | 37.5 | $270,250 | $33,781 |
| MEGAN BELL 255 EAST AVENUE, ROCHESTER, NY 14604 | CHIEF PROGRAM OFFICE Highest-paid employee | 37.5 | $242,291 | $30,286 |
| TRISHA BUTERA 255 EAST AVENUE, ROCHESTER, NY 14604 | CONTROLLER Highest-paid employee | 37.5 | $149,760 | $18,720 |
| ALICIA JINKS 255 EAST AVENUE, ROCHESTER, NY 14604 | GRANTS MANAGEMENT OF Highest-paid employee | 37.5 | $117,832 | $14,729 |
| CARLA GANIEL 255 EAST AVENUE, ROCHESTER, NY 14604 | LEARNING AND EVALUAT Highest-paid employee | 37.5 | $100,614 | $4,528 |
| DAAN BRAVEMAN 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE & BOARD CHAIR | 3 | $35,000 | $0 |
| KENNETH D BELL 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE & TREASURER | 2 | $30,000 | $0 |
| HOFFMAN MOKA LANTUM MD PHD 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE & SECRETARY | 6 | $25,000 | $0 |
| JOY RYEN PLOTNIK 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE & COMMITTEE CHAIR | 4 | $25,000 | $0 |
| MATTHEW AROESTY 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE & COMMITTEE CHAIR | 7.5 | $25,000 | $0 |
| PATRICIA LOVELAND 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE & COMMITTEE CHAIR | 4 | $25,000 | $0 |
| THERESA MAZZULLO 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE & COMMITTEE CHAIR | 7.5 | $25,000 | $0 |
| EDWARD HOURIHAN JR 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE | 3 | $20,000 | $0 |
| GREGORY WOLCOTT 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE | 3 | $20,000 | $0 |
| NATHAN J ROBFOGEL ESQ 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE | 4 | $20,000 | $0 |
| DOUGLAS BENNETT 255 EAST AVENUE, ROCHESTER, NY 14604 | TRUSTEE | 2 | $20,000 | $0 |
Address and contacts
- Address (IRS master file)
- 255 EAST AVENUE, ROCHESTER, NY 14604-2625
- In care of
- % MAX M FARASH
- Signed the 990-PF
- JENNIE SCHAFF, CHIEF EXECUTIVE OFFICER
- Phone
- (585) 218-9855
- Website
- WWW.FARASHFOUNDATION.ORG
- Return prepared by
- BONADIO & CO 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 | 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
- 22-2948675
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $341,907,880
- Income (IRS master file)
- $31,176,008
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $29,955,570 | $24,403,631 | $341,907,880 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $26,460,451 | $29,082,246 | $326,670,285 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | 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 22-2948675).
Questions about MAX AND MARIAN FARASH CHARITABLE FOUNDATION
- What is the EIN of MAX AND MARIAN FARASH CHARITABLE FOUNDATION?
- The employer identification number (EIN) of MAX AND MARIAN FARASH CHARITABLE FOUNDATION is 22-2948675.
- Is MAX AND MARIAN FARASH CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to MAX AND MARIAN FARASH CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MAX AND MARIAN FARASH CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MAX AND MARIAN FARASH CHARITABLE 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 MAX AND MARIAN FARASH CHARITABLE FOUNDATION 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 MAX AND MARIAN FARASH CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 17 people; 17 received compensation from the organization, the highest $338,500 (JENNIE SCHAFF, CHIEF EXECUTIVE OFFICER).
- How much revenue does MAX AND MARIAN FARASH CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $29,955,570, expenses of $24,403,631 and total assets of $341,907,880 at year end.
Other nonprofits in ROCHESTER
- ROCHESTER AREA COMMUNITY FOUNDATION EIN 23-7250641 · last filed 990 for 2025
- ESL CHARITABLE FOUNDATION INC EIN 82-0548352 · last filed 990-PF for 2025
- UNITED WAY OF GREATER ROCHESTER AND THE FINGER LAKES INC EIN 16-1015782 · last filed 990 for 2025
- GREATER ROCHESTER HEALTH FOUNDATION EIN 13-4301222 · last filed 990-PF for 2024
- JEWISH COMMUNITY FEDERATION OF GREATER ROCHESTER NY INC EIN 16-0868942 · last filed 990 for 2025
- ROBERT OWEN LEHMAN FOUNDATION INC EIN 46-0787425 · last filed 990-PF for 2024
- MUCCI FAMILY FOUNDATION EIN 92-2880400 · last filed 990-PF for 2025
- SANDS FAMILY SUPPORTING FOUNDATION INC EIN 81-0751295 · last filed 990 for 2025
All nonprofits in ROCHESTER · New York · Philanthropy, voluntarism and grantmaking foundations