Nonprofit · EIN 25-6134327
HERMAN & HELEN LIPSITZ CHARITABLE TRUST
Tax-exempt · PITTSBURGH, PA 15217
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $418,767 | $607,609 | -$188,842 | $3,645,168 | $0 | $3,645,168 |
| December 31, 2023 | 990-PF | $449,171 | $708,199 | -$259,028 | $3,897,712 | $0 | $3,897,712 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $110,000
- Dividends
- $149,058
- Interest
- $6,487
- Net gain from sales of assets
- $136,948
- Other income
- $16,274
Expenses
- Grants and similar amounts paid
- $576,660
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $598,858
- Excise tax on investment income
- $3,921
Balance sheet and other
- Total assets, start of year
- $3,897,712
- Total assets, end of year
- $3,645,168
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,645,168
- Fair market value of assets
- $6,116,859
- Qualifying distributions
- $598,858
- Net investment income
- $287,697
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 |
|---|---|---|---|
| BARBARA KATCH 1900 MURRAY AVE SUITE 203, PITTSBURGH, PA 15217 | TRUSTEE | 20 | $0 |
| MICHAEL KATCH 1900 MURRAY AVE SUITE 203, PITTSBURGH, PA 15217 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARBARA KATCH 1900 MURRAY AVE SUITE 203, PITTSBURGH, PA 15217 | TRUSTEE | 20 | $0 |
| MICHAEL KATCH 1900 MURRAY AVE SUITE 203, PITTSBURGH, PA 15217 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1900 MURRAY AVE STE 203, PITTSBURGH, PA 15217-1657
- Signed the 990-PF
- BARABARA KATCH, TRUSTEE
- Phone
- (412) 521-5859
- Return prepared by
- SCHNEIDER DOWNS & CO INC
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
- 25-6134327
- 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
- 1972
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $3,645,168
- Income (IRS master file)
- $813,470
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $418,767 | $607,609 | $3,645,168 | XML |
| 990-PF | December 2023 | $449,171 | $708,199 | $3,897,712 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | November 2020 | – | – | – | IRS |
| 990-PF | November 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 25-6134327).
Questions about HERMAN & HELEN LIPSITZ CHARITABLE TRUST
- What is the EIN of HERMAN & HELEN LIPSITZ CHARITABLE TRUST?
- The employer identification number (EIN) of HERMAN & HELEN LIPSITZ CHARITABLE TRUST is 25-6134327.
- Is HERMAN & HELEN LIPSITZ CHARITABLE TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to HERMAN & HELEN LIPSITZ CHARITABLE TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HERMAN & HELEN LIPSITZ CHARITABLE TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HERMAN & HELEN LIPSITZ CHARITABLE TRUST 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 HERMAN & HELEN LIPSITZ CHARITABLE TRUST 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 HERMAN & HELEN LIPSITZ CHARITABLE TRUST?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does HERMAN & HELEN LIPSITZ CHARITABLE TRUST have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $418,767, expenses of $607,609 and total assets of $3,645,168 at year end.
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