Nonprofit · EIN 03-0323120
MORRIS AND BESSIE ALTMAN FOUNDATION
Tax-exempt · SHELBURNE, VT 05482
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,323,880 | $931,531 | $1,392,349 | $8,009,074 | $0 | $7,946,044 |
| December 31, 2023 | 990-PF | $1,920,283 | $938,877 | $981,406 | $7,708,654 | $0 | $7,708,654 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,208,288
- Dividends
- $101,913
- Interest
- $51
- Net gain from sales of assets
- $1,002,430
- Other income
- $11,198
Expenses
- Grants and similar amounts paid
- $601,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $625,075
- Excise tax on investment income
- $11,581
Balance sheet and other
- Total assets, start of year
- $7,708,654
- Total assets, end of year
- $8,009,074
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,946,044
- Fair market value of assets
- $12,695,340
- Qualifying distributions
- $625,075
- Net investment income
- $1,109,877
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAJORIE STERN PO BOX 458, SHELBURNE, VT 05482 | DIRECTOR | 0 | $0 |
| ABBI STERN 375 North Avenue 208, Burlington, VT 05401 | DIRECTOR | 0 | $0 |
| SARENA STERN PO BOX 458, SHELBURNE, VT 05482 | DIRECTOR | 0 | $0 |
| PETER STERN PO BOX 458, SHELBURNE, VT 05482 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAJORIE STERN PO BOX 458, SHELBURNE, VT 05482 | DIRECTOR | 0 | $0 |
| ABBI STERN 375 North Avenue 208, Burlington, VT 05401 | DIRECTOR | 0 | $0 |
| SARENA STERN PO BOX 458, SHELBURNE, VT 05482 | DIRECTOR | 0 | $0 |
| PETER STERN PO BOX 458, SHELBURNE, VT 05482 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 458, SHELBURNE, VT 05482-0458
- In care of
- % PETER STERN
- Signed the 990-PF
- Peter Stern, DIRECTOR
- Phone
- (802) 985-9943
- Return prepared by
- Danaher Attig & Plante PLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 03-0323120
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $8,009,074
- Income (IRS master file)
- $3,161,578
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,323,880 | $931,531 | $8,009,074 | IRS |
| 990-PF | December 2023 | $1,920,283 | $938,877 | $7,708,654 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0323120).
Questions about MORRIS AND BESSIE ALTMAN FOUNDATION
- What is the EIN of MORRIS AND BESSIE ALTMAN FOUNDATION?
- The employer identification number (EIN) of MORRIS AND BESSIE ALTMAN FOUNDATION is 03-0323120.
- Is MORRIS AND BESSIE ALTMAN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to MORRIS AND BESSIE ALTMAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MORRIS AND BESSIE ALTMAN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MORRIS AND BESSIE ALTMAN FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MORRIS AND BESSIE ALTMAN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of MORRIS AND BESSIE ALTMAN FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does MORRIS AND BESSIE ALTMAN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,323,880, expenses of $931,531 and total assets of $8,009,074 at year end.
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