Elizabeth M Falk Foundation

Sherman Oaks, CA
Tax-exempt since March 1985
EIN: 95-3950915

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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

$156k (2024)

Expenses

$165k (2024)

Total Assets

$847k (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2012 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 Aug.
2024

Revenue

$155,685

Expenses

$165,294

Net Income

-$9,609

Net Assets

$847,438

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$15,741	10.1%
Dividends	$20,224	13.0%
Sales of Assets	$119,720	76.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$46,354	28.0%
Compensation of Officers*	$69,877	42.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$847,438
Total Liabilities	$0
Net Assets	$847,438

Compensation

Key Employees and Officers	Compensation	Other
Sue Falk (Secretary)	$51,645	$0
Charles Schwab (Custodian)	$9,176	$0
Stephen Falk (President)	$9,056	$0

990-PF

Filed on Dec. 17, 2024

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

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Fiscal Year Ending Aug.
2023

Revenue

$76,905

Expenses

$206,380

Net Income

-$129,475

Net Assets

$857,047

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$12,687	16.5%
Dividends	$20,195	26.3%
Sales of Assets	$44,023	57.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$101,186	49.0%
Compensation of Officers*	$66,211	32.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$857,047
Total Liabilities	$0
Net Assets	$857,047

Compensation

Key Employees and Officers	Compensation	Other
Sue Falk (Secretary)	$48,025	$0
Charles Schwab (Custodian)	$9,186	$0
Stephen Falk (President)	$9,000	$0

990-PF

Filed on Jan. 2, 2024

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

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Fiscal Year Ending Aug.
2022

Revenue

$192,071

Expenses

$408,799

Net Income

-$216,728

Net Assets

$986,522

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$12,088	6.3%
Dividends	$22,203	11.6%
Sales of Assets	$157,780	82.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$65,622	16.1%
Compensation of Officers*	$214,511	52.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$986,522
Total Liabilities	$0
Net Assets	$986,522

Compensation

Key Employees and Officers	Compensation	Other
Charles Schwab (Custodian)	$15,452	$0
Stephen Falk (President)	$7,500	$0
Sue Falk (Secretary)	$7,500	$0

990-PF

Filed on Dec. 9, 2022

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

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Fiscal Year Ending Aug.
2021

Revenue

$172,406

Expenses

$271,326

Net Income

-$98,920

Net Assets

$1,203,250

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$17,606	10.2%
Dividends	$20,509	11.9%
Sales of Assets	$134,291	77.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$44,124	16.3%
Compensation of Officers*	$31,215	11.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,203,250
Total Liabilities	$0
Net Assets	$1,203,250

Compensation

Key Employees and Officers	Compensation	Other
Charles Schwab (Custodian)	$16,215	$0
Stephen Falk (President)	$7,500	$0
Sue Falk (Secretary)	$7,500	$0

990-PF

Filed on Oct. 13, 2022

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

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Fiscal Year Ending Aug.
2020

Revenue

$117,796

Expenses

$184,469

Net Income

-$66,673

Net Assets

$1,302,169

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$21,174	18.0%
Dividends	$24,578	20.9%
Sales of Assets	$72,044	61.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$81,575	44.2%
Compensation of Officers*	$31,140	16.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,302,170
Total Liabilities	$1
Net Assets	$1,302,169

Compensation

Key Employees and Officers	Compensation	Other
Charles Schwab (Custodian)	$16,140	$0
Stephen Falk (President)	$7,500	$0
Sue Falk (Secretary)	$7,500	$0

990-PF

Filed on Jan. 11, 2021

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

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Fiscal Year Ending Aug.
2019

Revenue

$90,151

Expenses

$94,154

Net Income

-$4,003

Net Assets

$1,368,842

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$21,634	24.0%
Dividends	$26,048	28.9%
Sales of Assets	$42,469	47.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$55,405	58.8%
Compensation of Officers*	$46,104	49.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,368,843
Total Liabilities	$1
Net Assets	$1,368,842

Compensation

Key Employees and Officers	Compensation	Other
Sue Falk (Secretary)	$21,400	$0
Charles Schwab (Custodian)	$17,204	$0
Stephen Falk (President)	$7,500	$0

990-PF

Filed on Dec. 17, 2019

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

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Fiscal Year Ending Aug.
2018

Revenue

$157,088

Expenses

$148,494

Net Income

$8,594

Net Assets

$1,372,846

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$23,586	15.0%
Dividends	$26,158	16.7%
Sales of Assets	$107,344	68.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$78,260	52.7%
Compensation of Officers*	$32,582	21.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,372,846
Total Liabilities	$0
Net Assets	$1,372,846

Compensation

Key Employees and Officers	Compensation	Other
Charles Schwab (Custodian)	$17,582	$0
Stephen Falk (President)	$7,500	$0
Sue Falk (Secretary)	$7,500	$0

990-PF

Filed on Dec. 10, 2018

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

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Fiscal Year Ending Aug.
2017

Revenue

$105,418

Expenses

$102,404

Net Income

$3,014

Net Assets

$1,364,252

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$22,528	21.4%
Dividends	$23,823	22.6%
Sales of Assets	$59,067	56.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$68,775	67.2%
Compensation of Officers*	$41,165	40.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,364,252
Total Liabilities	$0
Net Assets	$1,364,252

Compensation

Key Employees and Officers	Compensation	Other
Charles Schwab (Custodian)	$16,915	$0
Sue Falk (Secretary)	$16,125	$0
Stephen Falk (President)	$8,125	$0

990-PF

Filed on Nov. 9, 2017

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

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Fiscal Year Ending Aug.
2016

Revenue

$74,594

Expenses

$93,914

Net Income

-$19,320

Net Assets

$1,361,238

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$20,534	27.5%
Dividends	$27,407	36.7%
Sales of Assets	$26,653	35.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$68,210	72.6%
Compensation of Officers*	$31,557	33.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,361,238
Total Liabilities	$0
Net Assets	$1,361,238

Compensation

Key Employees and Officers	Compensation	Other
Charles Schwab (Custodian)	$16,557	$0
Stephen Falk (President)	$7,500	$0
Sue Falk (Secretary)	$7,500	$0

990-PF

Filed on Nov. 29, 2016

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

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Fiscal Year Ending Aug.
2015

Revenue

$95,429

Expenses

$121,839

Net Income

-$26,410

Net Assets

$1,380,558

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$19,569	20.5%
Dividends	$38,352	40.2%
Sales of Assets	$37,508	39.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$95,235	78.2%
Compensation of Officers*	$32,555	26.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,380,558
Total Liabilities	$0
Net Assets	$1,380,558

Compensation

Key Employees and Officers	Compensation	Other
Charles Schwab (Custodian)	$17,555	$0
Stephen Falk (President)	$7,500	$0
Gerald R Fecht (Secretary)	$7,500	$0

990-PF

Filed on Nov. 5, 2015

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

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Fiscal Year Ending Aug.
2014

Revenue

$93,552

Expenses

$126,337

Net Income

-$32,785

Net Assets

$1,406,968

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$21,706	23.2%
Dividends	$31,354	33.5%
Sales of Assets	$40,492	43.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$101,545	80.4%
Compensation of Officers*	$32,359	25.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,406,968
Total Liabilities	$0
Net Assets	$1,406,968

Compensation

Key Employees and Officers	Compensation	Other
Charles Schwab (Custodian)	$17,359	$0
Stephen Falk (President)	$7,500	$0
Gerald R Fecht (Secretary)	$7,500	$0

990-PF

Filed on Nov. 10, 2014

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

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Fiscal Year Ending Aug.
2013

Revenue

$70,873

Expenses

$112,007

Net Income

-$41,134

Net Assets

$1,439,753

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2	0.0%
Dividends	$51,067	72.1%
Sales of Assets	$19,804	27.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$88,944	79.4%
Compensation of Officers*	$31,142	27.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,439,753
Total Liabilities	$0
Net Assets	$1,439,753

990-PF

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

PDF

Fiscal Year Ending Aug.
2012

Revenue

$63,305

Expenses

$106,356

Net Income

-$43,051

Net Assets

$1,480,887

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3	0.0%
Dividends	$50,405	79.6%
Sales of Assets	$12,897	20.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$83,382	78.4%
Compensation of Officers*	$32,123	30.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,480,887
Total Liabilities	$0
Net Assets	$1,480,887

Fiscal Year Ending Aug.
2007

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

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

PDF

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Updated November 19, 2025

Elizabeth M Falk Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $156k (2024)

Expenses $165k (2024)

Total Assets $847k (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Aug. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$156k (2024)

Expenses

$165k (2024)

Total Assets

$847k (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Aug.
2024

Fiscal Year Ending Aug.
2023

Fiscal Year Ending Aug.
2022

Fiscal Year Ending Aug.
2021

Fiscal Year Ending Aug.
2020

Fiscal Year Ending Aug.
2019

Fiscal Year Ending Aug.
2018

Fiscal Year Ending Aug.
2017

Fiscal Year Ending Aug.
2016

Fiscal Year Ending Aug.
2015

Fiscal Year Ending Aug.
2014

Fiscal Year Ending Aug.
2013

Fiscal Year Ending Aug.
2012

Fiscal Year Ending Aug.
2011

Fiscal Year Ending Aug.
2010

Fiscal Year Ending Aug.
2009

Fiscal Year Ending Aug.
2008

Fiscal Year Ending Aug.
2007

Fiscal Year Ending Aug.
2006

Fiscal Year Ending Aug.
2005

Fiscal Year Ending Aug.
2004

Fiscal Year Ending Aug.
2003

Fiscal Year Ending Aug.
2002