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PURPOSE FOUNDATION

Company Details

Name: PURPOSE FOUNDATION
Jurisdiction: New York
Legal type: DOMESTIC NOT-FOR-PROFIT CORPORATION
Status: Active
Date of registration: 13 Jul 2010 (15 years ago)
Entity Number: 3972300
ZIP code: 10013
County: New York
Place of Formation: New York
Address: 224 CENTRE STREET 6TH FLOOR, NEW YORK, NY, United States, 10013

Unique Entity ID

Unique Entity ID Expiration Date Physical Address Mailing Address
CBAUBNUGEAC1 2024-06-29 115 5TH AVE, FL 6, NEW YORK, NY, 10003, 1004, USA P O BOX 170, VERBANK, NY, 12585, USA

Business Information

Congressional District 12
State/Country of Incorporation NY, USA
Activation Date 2023-07-14
Initial Registration Date 2023-06-30
Entity Start Date 2010-01-01
Fiscal Year End Close Date Dec 31

Service Classifications

NAICS Codes 813920

Points of Contacts

Electronic Business
Title PRIMARY POC
Name DANIEL BARASCH
Role BOARD PRESIDENT
Address P O BOX 170, VERBANK, NY, 12585, USA
Government Business
Title PRIMARY POC
Name DANIEL BARASCH
Role BOARD PRESIDENT
Address P O BOX 175, VERBANK, NY, 12585, USA
Past Performance Information not Available

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PURPOSE FOUNDATION 401(K) PLAN 2023 273106760 2024-05-15 PURPOSE FOUNDATION 2
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2021-01-01
Business code 624200
Sponsor’s telephone number 6464001585
Plan sponsor’s address 115 FIFTH AVENUE, 6TH FLR., NEW YORK, NY, 10003

Plan administrator’s name and address

Administrator’s EIN 474474775
Plan administrator’s name GUIDELINE, INC.
Plan administrator’s address 1412 CHAPIN AVENUE, BURLINGAME, CA, 94010
Administrator’s telephone number 8882283491

Signature of

Role Plan administrator
Date 2024-05-15
Name of individual signing QIAN LIU
PURPOSE FOUNDATION 401(K) PLAN 2022 273106760 2023-05-27 PURPOSE FOUNDATION 1
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2021-01-01
Business code 624200
Sponsor’s telephone number 6464001585
Plan sponsor’s address 115 FIFTH AVENUE, 6TH FLR., NEW YORK, NY, 10003

Plan administrator’s name and address

Administrator’s EIN 474474775
Plan administrator’s name GUIDELINE, INC.
Plan administrator’s address 1412 CHAPIN AVENUE, BURLINGAME, CA, 94010
Administrator’s telephone number 8882283491

Signature of

Role Plan administrator
Date 2023-05-27
Name of individual signing CHRISTINE RIMER
PURPOSE FOUNDATION 401(K) PLAN 2021 273106760 2022-06-01 PURPOSE FOUNDATION 0
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2021-01-01
Business code 624200
Sponsor’s telephone number 6464001585
Plan sponsor’s address 115 FIFTH AVENUE, 6TH FLR., NEW YORK, NY, 10003

Plan administrator’s name and address

Administrator’s EIN 474474775
Plan administrator’s name GUIDELINE, INC.
Plan administrator’s address 1645 E 6TH STREET, SUITE 200, AUSTIN, TX, 78702
Administrator’s telephone number 8882283491

Signature of

Role Plan administrator
Date 2022-06-01
Name of individual signing CHRISTINE RIMER

DOS Process Agent

Name Role Address
THE CORPORATION DOS Process Agent 224 CENTRE STREET 6TH FLOOR, NEW YORK, NY, United States, 10013

History

Start date End date Type Value
2010-07-13 2012-09-04 Address 224 CENTRE STREET, 6TH FLOOR, NEW YORK, NY, 10013, USA (Type of address: Service of Process)

Filings

Filing Number Date Filed Type Effective Date
120904000437 2012-09-04 CERTIFICATE OF AMENDMENT 2012-09-04
100713000718 2010-07-13 CERTIFICATE OF INCORPORATION 2010-07-13

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
27-3106760 Corporation Unconditional Exemption PO BOX 155, ISLAND PARK, NY, 11558-0155 2010-09
In Care of Name -
Group Exemption Number 0000
Subsection Charitable Organization, Educational Organization, Literary Organization, Organization to Prevent Cruelty to Animals, Organization to Prevent Cruelty to Children, Organization for Public Safety Testing, Religious Organization, Scientific Organization
Affiliation Independent - This code is used if the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Classification Government Instrumentality, Title-Holding Corporation, Charitable Organization, Educational Organization, Local Association of Employees, Agricultural Organization, Horticultural Organization, Board of Trade, Business League, Pleasure, Recreational, or Social Club, Fraternal Beneficiary Society, Order or Association, Voluntary Employees' Beneficiary Association (Non-Govt. Emps.), Voluntary Employees' Beneficiary Association (Govt. Emps.), Domestic Fraternal Societies and Associations, Teachers Retirement Fund Assoc., Benevolent Life Insurance Assoc., Mutual Ditch or Irrigation Co., Burial Association, Cemetery Company, Credit Union, Other Mutual Corp. or Assoc., Mutual Insurance Company or Assoc. Other Than Life or Marine, Corp. Financing Crop Operations, Supplemental Unemployment Compensation Trust or Plan, Employee Funded Pension Trust (Created Before 6/25/59), Post or Organization of War Veterans, Legal Service Organization, Black Lung Trust, Multiemployer Pension Plan, Veterans Assoc. Formed Prior to 1880, Trust Described in Sect. 4049 of ERISA, Title Holding Co. for Pensions, etc., State-Sponsored High Risk Health Insurance Organizations, State-Sponsored Workers' Compensation Reinsurance, ACA 1322 Qualified Nonprofit Health Insurance Issuers, Apostolic and Religious Org. (501(d)), Cooperative Hospital Service Organization (501(e)), Cooperative Service Organization of Operating Educational Organization (501(f)), Child Care Organization (501(k)), Charitable Risk Pool, Qualified State-Sponsored Tuition Program, 4947(a)(1) - Private Foundation (Form 990PF Filer)
Deductibility Contributions are deductible.
Foundation Organization that receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
Tax Period 2023-12
Asset 500,000 to 999,999
Income 1,000,000 to 4,999,999
Filing Requirement 990 (all other) or 990EZ return
PF Filing Requirement No 990-PF return
Accounting Period Dec
Asset Amount 586531
Income Amount 4330431
Form 990 Revenue Amount 4330431
National Taxonomy of Exempt Entities Education: Education N.E.C.
Sort Name -

Publication 78 Data

Description Organizations eligible to receive tax-deductible charitable contributions. Users may rely on this list in determining deductibility of their contributions.
On Publication 78 Data List Yes
Deductibility Type of organization and use of contribution: A public charity. Deductibility Limitation: 50% (60% for cash contributions)

Determination Letter

Final Letter(s) FinalLetter_27-3106760_PURPOSEFOUNDATION_08202010_01.tif
FinalLetter_27-3106760_PURPOSEFOUNDATION_08202010_02.tif
FinalLetter_27-3106760_PURPOSEFOUNDATION_08202010_03.tif

Form 990-N (e-Postcard)

Organization Name PURPOSE FOUNDATION
EIN 27-3106760
Tax Year 2017
Beginning of tax period 2017-01-01
End of tax period 2017-12-31
Gross receipts not greater than $50000 Yes
Organization has terminated No
Mailing Address 115 5th Ave 6th Floor, New York, NY, 10003, US
Principal Officer's Name Jeremy Heimans
Principal Officer's Address 115 5th Ave 6th Floor, New York, NY, 10003, US
Organization Name PURPOSE FOUNDATION
EIN 27-3106760
Tax Year 2016
Beginning of tax period 2016-01-01
End of tax period 2016-12-31
Gross receipts not greater than $50000 Yes
Organization has terminated No
Mailing Address 115 5th Ave, New York, NY, 10003, US
Principal Officer's Name Jeremy Heimans
Principal Officer's Address 115 5th Ave, New York, NY, 10003, US
Website URL N/A

Copies of Returns (990, 990-EZ, 990-PF, 990-T)

Organization Name PURPOSE FOUNDATION
EIN 27-3106760
Tax Period 202212
Filing Type E
Return Type 990
File View File
Organization Name PURPOSE FOUNDATION
EIN 27-3106760
Tax Period 202112
Filing Type E
Return Type 990
File View File
Organization Name PURPOSE FOUNDATION
EIN 27-3106760
Tax Period 201912
Filing Type E
Return Type 990
File View File
Organization Name PURPOSE FOUNDATION
EIN 27-3106760
Tax Period 201912
Filing Type E
Return Type 990
File View File
Organization Name PURPOSE FOUNDATION
EIN 27-3106760
Tax Period 201812
Filing Type E
Return Type 990
File View File
Organization Name PURPOSE FOUNDATION
EIN 27-3106760
Tax Period 201512
Filing Type E
Return Type 990EZ
File View File

Date of last update: 27 Mar 2025

Sources: New York Secretary of State