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Nonprofit · EIN 04-6856820

ABRAMS FOUNDATION INC

Also known as ABRAMS DAVID C CO-TTEE

Tax-exempt · BOSTON, MA 02116

Financials

$9.8M$8.3M2023$4.9M$8.1M2024
Revenue Expenses · by fiscal year end
Financials of ABRAMS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$4,874,203$8,126,089-$3,251,886$99,587,949$0$99,587,949
December 31, 2023990-PF$9,783,405$8,256,365$1,527,040$102,839,835$0$102,839,835
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$2,810,637
Net gain from sales of assets
$2,073,657
Other income
-$10,091

Expenses

Grants and similar amounts paid
$6,880,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$6,880,515
Excise tax on investment income
$50,940

Balance sheet and other

Total assets, start of year
$102,839,835
Total assets, end of year
$99,587,949
Total liabilities, end of year
$0
Net assets, end of year
$99,587,949
Fair market value of assets
$145,961,287
Qualifying distributions
$6,880,515
Net investment income
$4,884,294

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.

NameTitleHours / weekCompensation
DAVID C ABRAMS
222 BERKELEY STREET, BOSTON, MA 02116
DIRECTOR2$0
AMY ABRAMS
222 BERKELEY STREET, BOSTON, MA 02116
DIRECTOR20$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
DAVID C ABRAMS
222 BERKELEY STREET, BOSTON, MA 02116
DIRECTOR2$0
AMY ABRAMS
222 BERKELEY STREET, BOSTON, MA 02116
DIRECTOR20$0

Address and contacts

Address (IRS master file)
222 BERKELEY STREET, BOSTON, MA 02116-3748
In care of
% DAVID C ABRAMS
Signed the 990-PF
DAVID ABRAMS, DIRECTOR
Phone
(617) 646-6140
Return prepared by
PERELSON WEINER ACCOUNTANTS AND ADVISORS

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
04-6856820
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
2008
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$99,587,949
Income (IRS master file)
$5,745,497

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$4,874,203$8,126,089$99,587,949IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$9,783,405$8,256,365$102,839,835XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about ABRAMS FOUNDATION INC

What is the EIN of ABRAMS FOUNDATION INC?
The employer identification number (EIN) of ABRAMS FOUNDATION INC is 04-6856820.
Is ABRAMS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to ABRAMS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ABRAMS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of ABRAMS FOUNDATION INC 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 ABRAMS FOUNDATION INC 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 ABRAMS FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does ABRAMS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,874,203, expenses of $8,126,089 and total assets of $99,587,949 at year end.

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