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Nonprofit · EIN 87-2972607

THOMAS AND PAMELA PETROSINO FOUNDATION INC

Tax-exempt · GARDEN CITY, NY 11530

Financials

$4.9M$264K2022$223K$384K2023$297K$272K2024$335K$305K2025
Revenue Expenses · by fiscal year end
Financials of THOMAS AND PAMELA PETROSINO FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$334,938$305,336$29,602$5,325,449$0$5,325,449
December 31, 2024990-PF$297,022$271,599$25,423$5,090,021$0$5,090,021
December 31, 2023990-PF$222,896$384,322-$161,426$4,744,599$0$4,744,599
December 31, 2022990-PF (amended)$4,917,100$263,858$4,653,242$4,605,996$0$4,605,996
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$172,790
Net gain from sales of assets
$162,148

Expenses

Grants and similar amounts paid
$270,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$270,000
Excise tax on investment income
$4,656

Balance sheet and other

Total assets, start of year
$5,090,021
Total assets, end of year
$5,325,449
Total liabilities, end of year
$0
Net assets, end of year
$5,325,449
Fair market value of assets
$5,325,449
Qualifying distributions
$270,000
Net investment income
$334,938

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
THOMAS G PETROSINO
120 SALISBURY AVENUE, GARDEN CITY, NY 11530
DIRECTOR, PRESIDENT1$0
PAMELA G PETROSINO
120 SALISBURY AVENUE, GARDEN CITY, NY 11530
DIRECTOR, SECRETARY, TREASURER1$0
MICHAEL PETROSINO
707 STERLING DRIVE, FRANKLIN LAKES, NJ 07417
DIRECTOR1$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
THOMAS G PETROSINO
120 SALISBURY AVENUE, GARDEN CITY, NY 11530
DIRECTOR, PRESIDENT1$0
PAMELA G PETROSINO
120 SALISBURY AVENUE, GARDEN CITY, NY 11530
DIRECTOR, SECRETARY, TREASURER1$0
MICHAEL PETROSINO
707 STERLING DRIVE, FRANKLIN LAKES, NJ 07417
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
THOMAS G PETROSINO
120 SALISBURY AVENUE, GARDEN CITY, NY 11530
DIRECTOR, PRESIDENT1$0
PAMELA G PETROSINO
120 SALISBURY AVENUE, GARDEN CITY, NY 11530
DIRECTOR, SECRETARY, TREASURER1$0
MICHAEL PETROSINO
707 STERLING DRIVE, FRANKLIN LAKES, NJ 07417
DIRECTOR1$0
990-PF for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
THOMAS G PETROSINO
120 SALISBURY AVENUE, GARDEN CITY, NY 11530
DIRECTOR, PRESIDENT1$0
PAMELA G PETROSINO
120 SALISBURY AVENUE, GARDEN CITY, NY 11530
DIRECTOR, SECRETARY, TREASURER1$0
MICHAEL PETROSINO
707 STERLING DRIVE, FRANKLIN LAKES, NJ 07417
DIRECTOR1$0

Address and contacts

Address (IRS master file)
120 SALISBURY AVE, GARDEN CITY, NY 11530-4220
Signed the 990-PF
THOMAS PETROSINO, PRESIDENT
Phone
(516) 296-7111
Return prepared by
LUTZ SELIG & ZERONDA CPAS 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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
87-2972607
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
2022
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$5,325,449
Income (IRS master file)
$2,019,239

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$334,938$305,336$5,325,449XML
990-PFDecember 2024$297,022$271,599$5,090,021IRS
990-PFDecember 2023$222,896$384,322$4,744,599XML
990-PFDecember 2022$4,917,100$263,858$4,605,996XML
990-PFDecember 2021–––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 87-2972607).

Questions about THOMAS AND PAMELA PETROSINO FOUNDATION INC

What is the EIN of THOMAS AND PAMELA PETROSINO FOUNDATION INC?
The employer identification number (EIN) of THOMAS AND PAMELA PETROSINO FOUNDATION INC is 87-2972607.
Is THOMAS AND PAMELA PETROSINO FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to THOMAS AND PAMELA PETROSINO FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THOMAS AND PAMELA PETROSINO FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THOMAS AND PAMELA PETROSINO FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THOMAS AND PAMELA PETROSINO FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of THOMAS AND PAMELA PETROSINO FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does THOMAS AND PAMELA PETROSINO FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $334,938, expenses of $305,336 and total assets of $5,325,449 at year end.

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