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Nonprofit · EIN 56-6615926

SUNSHINE FOUNDATION

Also known as KALIKOW PEARL B TTEE

Tax-exempt · WOODBURY, NY 11797

Financials

$11M$3.2M2023$3.1M$3.8M2024
Revenue Expenses · by fiscal year end
Financials of SUNSHINE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$3,070,785$3,752,896-$682,111$33,746,094$5,216$33,740,878
December 31, 2023990-PF$11,041,483$3,175,887$7,865,596$34,443,206$20,217$34,422,989
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,770,000
Dividends
$1,624,632
Net gain from sales of assets
-$323,847

Expenses

Grants and similar amounts paid
$3,186,120
Compensation of officers, directors and key employees
$294,167
Disbursements for charitable purposes
$3,752,896
Excise tax on investment income
$22,582

Balance sheet and other

Total assets, start of year
$34,443,206
Total assets, end of year
$33,746,094
Total liabilities, end of year
$5,216
Net assets, end of year
$33,740,878
Fair market value of assets
$55,469,969
Qualifying distributions
$3,752,896
Net investment income
$1,624,632

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.

NameTitleHours / weekCompensationOther / benefits
STACY PARSELL
388 N MAIN STREET, SAYVILLE, NY 11782
EXECUTIVE DIRECTOR, PHILANTHROPY35$154,167$4,350
EUGENE SHALIK
400 SE 5TH AVE 704-N, BOCA RATON, FL 33432
TRUSTEE20$140,000$0
MICHAEL J SHALIK
3606 PARKHAVEN PLACE, BROOKHAVEN, GA 30319
GRANT ADMINISTRATOR
Highest-paid employee
35$71,500$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationOther / benefits
STACY PARSELL
388 N MAIN STREET, SAYVILLE, NY 11782
EXECUTIVE DIRECTOR, PHILANTHROPY35$145,000$4,350
MICHAEL J SHALIK
3606 PARKHAVEN PLACE, BROOKHAVEN, GA 30319
GRANT ADMINISTRATOR
Highest-paid employee
35$65,000$0
EUGENE SHALIK
400 SE 5TH AVE 704-N, BOCA RATON, FL 33432
TRUSTEE15$0$0

Address and contacts

Address (IRS master file)
80 CROSSWAYS PARK DR W, WOODBURY, NY 11797-2000
In care of
% EUGENE SHALIK
Signed the 990-PF
EUGENE SHALIK, TRUSTEE
Phone
(516) 338-8700
Return prepared by
SHALIK MORRIS & COMPANY 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, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
56-6615926
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
2003
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$33,746,094
Income (IRS master file)
$11,751,786

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,070,785$3,752,896$33,746,094XML
990-PFDecember 2023$11,041,483$3,175,887$34,443,206XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 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 56-6615926).

Questions about SUNSHINE FOUNDATION

What is the EIN of SUNSHINE FOUNDATION?
The employer identification number (EIN) of SUNSHINE FOUNDATION is 56-6615926.
Is SUNSHINE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to SUNSHINE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SUNSHINE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SUNSHINE 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 SUNSHINE 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 SUNSHINE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 3 received compensation from the organization, the highest $154,167 (STACY PARSELL, EXECUTIVE DIRECTOR, PHILANTHROPY).
How much revenue does SUNSHINE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,070,785, expenses of $3,752,896 and total assets of $33,746,094 at year end.

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