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EIN 13-3978279

Maasim Tovim Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Brooklyn
State
New York
Year formed
1998
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Maasim Tovim Foundation primarily funds donations, made one grant last year, and operates as a corporate foundation of 154 SOMERSET LLC based in Lakewood, NJ, while being located in Brooklyn, NY.
Total revenues
$697,538
2023
Total expenses
$1,890,484
2023
Total assets
$1,618,410
2023
Num. employees
0
2023

Personnel at Maasim Tovim Foundation

NameTitleCompensation
A BerkowitzTrustee$0

Financials for Maasim Tovim Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$404,000
Investment income and dividends$289,080
Net rental income$0
Net gain from sale of non-inventory assets$-65,936
Gross sales of inventory$0
Miscellaneous revenues$70,394
Total revenues$697,538

Form 990s for Maasim Tovim Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990PFView PDF
2021-122022-11-15990PFView PDF
2021-122022-11-11990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-14990PFView PDF
...and 8 more Form 990s

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Data update history
January 4, 2024
Posted financials
Added Form 990PF for fiscal year 2022
August 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
August 6, 2023
Posted financials
Added Form 990PF for fiscal year 2021
October 21, 2021
Posted financials
Added Form 990PF for fiscal year 2019
September 27, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
1684 52nd St
Brooklyn, NY 11204
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Kings County, NY
Phone
(718) 758-9424
IRS details
EIN
13-3978279
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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