BASSMAN FAMILY FOUNDATION
CHICAGO,
Illinois,
60659
EIN: 36-4115534
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
6039 N BERNARD ST
60659
COUNTY
cook county, IL
IN CARE OF NAME
GERSHON BASSMAN
ORGANIZATIONAL OVERVIEW & RANKINGS
BASSMAN FAMILY FOUNDATION is a based in CHICAGO, IL, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Independent Foundations. Established in January 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $469,757.00, this ranks 300,296 among 2,656,690 nonprofits nationally (Top 12%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 13,132 out of 106,037 organizations in IL (Top 13%).
In cook county, IL, the organization ranks 6,838 out of 46,103 nonprofits by assets (Top 15%), while locally in chicago, it stands at 4,855 among 28,197 organizations (Top 18%).
The organization reported no revenue in the most recent filing period, placing it at 1,862,624 nationally and 72,822 in IL.
Within its specific NTEE classification (T22 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 25,677 similar organizations, BASSMAN FAMILY FOUNDATION ranks 12,116 in assets (Top 48%) and 10,113 in revenue (Top 40%).
Note: This organization's tax-exempt status was temporarily revoked on March 15, 2020 .
The organization files a 990 - Not required to file(all other) and operates on a September fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Gifts grants or loans to other organizations
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T22: Private Independent Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Sunday, March 15, 2020;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
10/2019
ACCOUNTING PERIOD
10
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$408.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
01/2024
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$469,757.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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