Harcourt M Sylvester Charitable Foundation Inc

Boca Raton, FL
Tax-exempt since Sept. 1980
EIN: 59-2018824

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$1.19M (2024)

Expenses

$2.51M (2024)

Total Assets

$25.2M (2024)

Total Liabilities

$9.12k (2024)

Years with missing data

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending July
2024

Revenue

$1,194,010

Expenses

$2,505,216

Net Income

-$1,311,206

Net Assets

$25,146,553

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$817,809	68.5%
Sales of Assets	$374,714	31.4%
Other Income	$1,487	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,224,071	88.8%
Compensation of Officers*	$132,000	5.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$25,155,676
Total Liabilities	$9,123
Net Assets	$25,146,553

Compensation

Key Employees and Officers	Compensation	Other
Jayne Sylvester Malfitano (Pres/Sec/Director)	$80,000	$0
Laura Sylvester (Vice Pres/Director)	$40,000	$0
Clare Malfitano (Director)	$6,000	$0
Jennifer Cameron Smith (Director)	$6,000	$0

+ View more people

990-PF

Filed on June 16, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending July
2023

Revenue

$2,048,493

Expenses

$2,511,872

Net Income

-$463,379

Net Assets

$26,236,105

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$802,106	39.2%
Sales of Assets	$1,239,704	60.5%
Other Income	$6,683	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,222,221	88.5%
Compensation of Officers*	$132,000	5.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$26,243,551
Total Liabilities	$7,446
Net Assets	$26,236,105

Compensation

Key Employees and Officers	Compensation	Other
Jayne Sylvester Malfitano (Pres/Sec/Director)	$80,000	$0
Laura Sylvester (Vice Pres/Director)	$40,000	$0
Clare Malfitano (Director)	$6,000	$0
Jennifer Cameron Smith (Director)	$6,000	$0

+ View more people

990-PF

Filed on June 17, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2022

Revenue

$2,544,904

Expenses

$3,880,616

Net Income

-$1,335,712

Net Assets

$27,267,763

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,007,469	39.6%
Sales of Assets	$1,514,554	59.5%
Other Income	$22,881	0.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,506,445	90.4%
Compensation of Officers*	$150,000	3.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$27,275,919
Total Liabilities	$8,156
Net Assets	$27,267,763

Compensation

Key Employees and Officers	Compensation	Other
Jayne Sylvester Malfitano (Pres/Sec/Director)	$100,000	$0
Laura Sylvester (Vice Pres/Director)	$50,000	$0

990-PF

Filed on June 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2021

Revenue

$1,966,202

Expenses

$1,524,182

Net Income

$442,020

Net Assets

$26,952,848

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$852,129	43.3%
Sales of Assets	$1,111,999	56.6%
Other Income	$2,074	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,239,678	81.3%
Compensation of Officers*	$90,000	5.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$26,967,779
Total Liabilities	$14,931
Net Assets	$26,952,848

Compensation

Key Employees and Officers	Compensation	Other
Jayne Sylvester Malfitano (Pres/Sec/Director)	$60,000	$0
Laura Sylvester (Vice Pres/Director)	$30,000	$0

990-PF

Filed on June 15, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending July
2020

Revenue

$429,782

Expenses

$2,096,437

Net Income

-$1,666,655

Net Assets

$25,331,847

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$690,420	> 100%
Sales of Assets	$0
Other Income	$7,184	1.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,746,008	83.3%
Compensation of Officers*	$105,000	5.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$25,374,037
Total Liabilities	$42,190
Net Assets	$25,331,847

Compensation

Key Employees and Officers	Compensation	Other
Jayne Sylvester Malfitano (Pres/Sec/Director)	$70,000	$0
Laura Sylvester (Vice Pres/Director)	$35,000	$0

990-PF

Filed on June 11, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending July
2019

Revenue

$862,756

Expenses

$1,446,073

Net Income

-$583,317

Net Assets

$26,838,471

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$913,125	> 100%
Sales of Assets	$0
Other Income	$23,268	2.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,023,500	70.8%
Compensation of Officers*	$75,000	5.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$26,904,890
Total Liabilities	$66,419
Net Assets	$26,838,471

Compensation

Key Employees and Officers	Compensation	Other
Jayne Sylvester Malfitano (Pres/Sec/Director)	$50,000	$0
Laura Sylvester (Vice Pres/Director)	$25,000	$0

990-PF

Filed on June 15, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2018

Revenue

$2,151,046

Expenses

$2,219,005

Net Income

-$67,959

Net Assets

$27,790,016

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$941,830	43.8%
Sales of Assets	$1,181,673	54.9%
Other Income	$27,543	1.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,692,671	76.3%
Compensation of Officers*	$60,000	2.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$27,878,604
Total Liabilities	$88,588
Net Assets	$27,790,016

Compensation

Key Employees and Officers	Compensation	Other
Jayne Sylvester Malfitano (Pres/Sec/Director)	$40,000	$0
Laura Sylvester (Vice Pres/Director)	$20,000	$0

990-PF

Filed on June 17, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2017

Revenue

$1,695,813

Expenses

$1,376,787

Net Income

$319,026

Net Assets

$27,809,543

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$946,206	55.8%
Sales of Assets	$727,299	42.9%
Other Income	$22,308	1.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,052,275	76.4%
Compensation of Officers*	$60,000	4.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$27,853,043
Total Liabilities	$43,500
Net Assets	$27,809,543

Compensation

Key Employees and Officers	Compensation	Other
Jayne Sylvester Malfitano (Pres/Sec/Director)	$40,000	$0
Laura Sylvester (Vice Pres/Director)	$20,000	$0

990-PF

Filed on June 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending July
2015

Revenue

$2,064,656

Expenses

$1,537,855

Net Income

$526,801

Net Assets

$29,848,405

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$792,848	38.4%
Sales of Assets	$1,232,324	59.7%
Other Income	$39,484	1.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,226,150	79.7%
Compensation of Officers*	$60,000	3.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$29,885,081
Total Liabilities	$36,676
Net Assets	$29,848,405

Compensation

Key Employees and Officers	Compensation	Other
Jayne Malfitano (Pres/Sec/Director)	$0	$0
Laura Cameron (Vice Pres/Director)	$0	$0

990-PF

Filed on Dec. 11, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending July
2014

Revenue

$1,482,513

Expenses

$3,028,110

Net Income

-$1,545,597

Net Assets

$28,956,909

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$759,881	51.3%
Sales of Assets	$703,660	47.5%
Other Income	$18,972	1.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,734,866	90.3%
Compensation of Officers*	$60,000	2.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,963,109
Total Liabilities	$6,200
Net Assets	$28,956,909

Compensation

Key Employees and Officers	Compensation	Other
Jayne Malfitano (Pres/Sec/Director)	$40,000	$0
Laura Cameron (Vice Pres/Director)	$20,000	$0

990-PF

Filed on May 14, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2013

Revenue

$1,562,170

Expenses

$2,184,654

Net Income

-$622,484

Net Assets

$30,291,949

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$323,461	20.7%
Dividends	$369,496	23.7%
Sales of Assets	$866,125	55.4%
Other Income	$3,088	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,904,400	87.2%
Compensation of Officers*	$60,000	2.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$30,301,510
Total Liabilities	$9,561
Net Assets	$30,291,949

990-PF

Filed on July 3, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending July
2012

Revenue

$1,557,344

Expenses

$1,085,555

Net Income

$471,789

Net Assets

$30,715,665

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$444,107	28.5%
Dividends	$478,428	30.7%
Sales of Assets	$196,123	12.6%
Other Income	$438,686	28.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$832,500	76.7%
Compensation of Officers*	$60,000	5.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$30,724,902
Total Liabilities	$9,237
Net Assets	$30,715,665

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending July
2011

Revenue

$2,274,146

Expenses

$2,254,853

Net Income

$19,293

Net Assets

$29,214,047

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$279,380	12.3%
Dividends	$473,225	20.8%
Sales of Assets	$1,515,007	66.6%
Other Income	$6,534	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,944,800	86.2%
Compensation of Officers*	$45,000	2.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$29,282,547
Total Liabilities	$68,500
Net Assets	$29,214,047

990-PF

Primary tax return for a private foundation's activities, finances, and governance

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending July
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated January 26, 2026

Harcourt M Sylvester Charitable Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.19M (2024)

Expenses $2.51M (2024)

Total Assets $25.2M (2024)

Total Liabilities $9.12k (2024)

Tax Filings by Year

Fiscal Year Ending July 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending July 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending July 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending July 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending July 2012

Revenue

$1.19M (2024)

Expenses

$2.51M (2024)

Total Assets

$25.2M (2024)

Total Liabilities

$9.12k (2024)

Fiscal Year Ending July
2024

Fiscal Year Ending July
2023

Fiscal Year Ending July
2022

Fiscal Year Ending July
2021

Fiscal Year Ending July
2020

Fiscal Year Ending July
2019

Fiscal Year Ending July
2018

Fiscal Year Ending July
2017

Fiscal Year Ending July
2016

Fiscal Year Ending July
2015

Fiscal Year Ending July
2014

Fiscal Year Ending July
2013

Fiscal Year Ending July
2012

Fiscal Year Ending July
2011

Fiscal Year Ending July
2010

Fiscal Year Ending July
2009

Fiscal Year Ending July
2008

Fiscal Year Ending July
2007

Fiscal Year Ending July
2006

Fiscal Year Ending July
2005

Fiscal Year Ending July
2004

Fiscal Year Ending July
2003

Fiscal Year Ending July
2002

Fiscal Year Ending July
2001