Summit Foundation Inc
Donations deductibleRevenue
$2m
year to 31 December 2025
Expenses
$1.5m
year to 31 December 2025
Total assets
$16.5m
year to 31 December 2025
Net assets
$16.5m
assets less liabilities
Directors and trustees
3
2.4y av
Left since last filing
0
no seats appear to have opened
Activity
T22
Philanthropy, voluntary services and grantmaking
Filings on record
2
latest 2024
Summit Foundation Inc's network
3 peoplei3 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (3). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
3 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| A Shifman | Sec/Treasurer | 2024 | 2 yrs |
| JC Shifman | President | 2024 | 2 yrs |
| SJ Shifman | Vice President | 2024 | 2 yrs |
Under 5 years5 to 6 years6 years or more
About
- Legal name
- Summit Foundation Inc
- EIN
- 372117735
- Address
- Po Box 54697, Philadelphia, PA, 19148-0697
- State
- Pennsylvania
- Activity (NTEE)
- T22 Philanthropy, voluntary services and grantmaking
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Philanthropy, Voluntarism & Grantmaking Foundations
- Size band
- 8 (IRS master file code)
- IRS ruling date
- 1 January 2024
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 2, latest 2024
- IRS Publication 78
- PF (contributions deductible)
Most connected
Longest observed on the filings
≥2years on the filingsA Shifman
≥2years on the filingsJC Shifman
≥2years on the filingsSJ Shifman
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $16.5m
- Net assets or fund balances
- $16.5m
Filed finances
2 yearsiTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $0 | $1.1m | Deficit $1.1m |
| 2024 | $0 | $1.1m | Deficit $1.1m |
As filed on the IRS Form 990. US dollars.