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Nonprofit · EIN 23-7010710

SAM GOROVOY FOUNDATION INC

Tax-exempt · SOUTH AMBOY, NJ 08879

Financials

$8K$54K2022$19K$73K2023$9K$73K2024
Revenue Expenses · by fiscal year end
Financials of SAM GOROVOY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-PF$8,666$72,925-$64,259$314,112$0$314,112
June 30, 2024990-PF$18,959$73,175-$54,216$415,465$0$415,465
June 30, 2023990-PF$8,102$54,237-$46,135$433,754$0$433,754
Financial details: 990-PF for the year ended June 30, 2025

Revenue

Dividends
$8,666

Expenses

Grants and similar amounts paid
$45,000
Compensation of officers, directors and key employees
$20,000
Disbursements for charitable purposes
$47,793

Balance sheet and other

Total assets, start of year
$415,465
Total assets, end of year
$314,112
Total liabilities, end of year
$0
Net assets, end of year
$314,112
Fair market value of assets
$293,201
Qualifying distributions
$47,793
Net investment income
$8,666

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARK GOROVOY
13733 BRYNWOOD LANE, FORT MYERS, FL 33912
PRESIDENT1$10,000
JERRY GOROVOY
12 EAST 18TH STREET 5TH FLOOR, NEW YORK, NY 10003
VICE PRESIDENT1$10,000
990-PF for the year ended June 30, 2024: 2 people
NameTitleHours / weekCompensation
MARK GOROVOY
13733 BRYNWOOD LANE, FORT MYERS, FL 33912
PRESIDENT1$10,000
JERRY GOROVOY
12 EAST 18TH STREET 5TH FLOOR, NEW YORK, NY 10003
VICE PRESIDENT1$10,000
990-PF for the year ended June 30, 2023: 2 people
NameTitleHours / weekCompensation
MARK GOROVOY
13733 BRYNWOOD LANE, FORT MYERS, FL 33912
PRESIDENT1$4,000
JERRY GOROVOY
12 EAST 18TH STREET 5TH FLOOR, NEW YORK, NY 10003
VICE PRESIDENT1$4,000

Address and contacts

Address (IRS master file)
210 AUGUSTA ST, SOUTH AMBOY, NJ 08879-1726
In care of
% MARK GOROVOY
Signed the 990-PF
MARK GOROVOY, PRESIDENT
Phone
(908) 964-5888
Return prepared by
VICTOR GOLDBLAT AND COMPANY LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-PF on file
2023June 30, 2024November 15, 2024990-PF on file

IRS record

EIN
23-7010710
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
1969
Accounting year ends
June
Files
Form 990-PF
Assets (IRS master file)
$314,112
Income (IRS master file)
$8,666

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJune 2025$8,666$72,925$314,112XML
990-PFJune 2024$18,959$73,175$415,465XML
990-PFJune 2023$8,102$54,237$433,754XML
990-PFJune 2022–––IRS
990-PFJune 2021–––IRS
990-PFJune 2019–––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 23-7010710).

Questions about SAM GOROVOY FOUNDATION INC

What is the EIN of SAM GOROVOY FOUNDATION INC?
The employer identification number (EIN) of SAM GOROVOY FOUNDATION INC is 23-7010710.
Is SAM GOROVOY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to SAM GOROVOY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SAM GOROVOY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of SAM GOROVOY FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SAM GOROVOY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended June 2025.
Who are the officers and directors of SAM GOROVOY FOUNDATION INC?
The 990-PF for the year ended June 30, 2025 lists 2 people; 2 received compensation from the organization, the highest $10,000 (MARK GOROVOY, PRESIDENT).
How much revenue does SAM GOROVOY FOUNDATION INC have?
On its 990-PF for the year ended June 30, 2025 it reported revenue of $8,666, expenses of $72,925 and total assets of $314,112 at year end.

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