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Nonprofit · EIN 20-5918650

RUSSELL & RONALEE GALBUT FAMILYFOUNDATION

Tax-exempt · MIAMI, FL 33137

Financials

$1.5M$1.1M2023$1.9M$877K2024
Revenue Expenses · by fiscal year end
Financials of RUSSELL & RONALEE GALBUT FAMILYFOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,947,499$877,225$1,070,274$3,903,984$0$3,903,984
December 31, 2023990-PF$1,463,426$1,064,928$398,498$2,833,710$0$2,833,710
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,829,612
Interest
$117,887

Expenses

Grants and similar amounts paid
$876,491
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$876,491
Excise tax on investment income
$1,639

Balance sheet and other

Total assets, start of year
$2,833,710
Total assets, end of year
$3,903,984
Total liabilities, end of year
$0
Net assets, end of year
$3,903,984
Fair market value of assets
$3,903,984
Qualifying distributions
$876,491
Net investment income
$117,887

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
RONALEE GALBUT
2200 BISCAYNE BLVD, MIAMI, FL 33137
PRESIDENT & DIRECTOR0$0
RUSSELL GALBUT
2200 BISCAYNE BLVD, MIAMI, FL 33137
TREASURER & DIRECTOR0$0
MARISA GALBUT
2200 BISCAYNE BLVD, MIAMI, FL 33137
SECRETARY & DIRECTOR0$0
ROBERT GALBUT
2200 BISCAYNE BLVD, MIAMI, FL 33137
DIRECTOR0$0
DAVID GALBUT
2200 BISCAYNE BLVD, MIAMI, FL 33137
DIRECTOR0$0
ABRAHAM GALBUT
2200 BISCAYNE BLVD, MIAMI, FL 33137
DIRECTOR0$0
KEITH MENIN
2200 BISCAYNE BLVD, MIAMI, FL 33137
DIRECTOR0$0
JENNA BETH GALBUT
2200 BISCAYNE BLVD, MIAMI, FL 33137
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
RONALEE GALBUT
2200 BISCAYNE BLVD, MIAMI, FL 33137
PRESIDENT & DIRECTOR0$0
RUSSELL GALBUT
2200 BISCAYNE BLVD, MIAMI, FL 33137
TREASURER & DIRECTOR0$0
MARISA GALBUT
2200 BISCAYNE BLVD, MIAMI, FL 33137
SECRETARY & DIRECTOR0$0
ROBERT GALBUT
2200 BISCAYNE BLVD, MIAMI, FL 33137
DIRECTOR0$0
DAVID GALBUT
2200 BISCAYNE BLVD, MIAMI, FL 33137
DIRECTOR0$0
ABRAHAM GALBUT
2200 BISCAYNE BLVD, MIAMI, FL 33137
DIRECTOR0$0
KEITH MENIN
2200 BISCAYNE BLVD, MIAMI, FL 33137
DIRECTOR0$0
JENNA BETH GALBUT
2200 BISCAYNE BLVD, MIAMI, FL 33137
DIRECTOR0$0

Address and contacts

Address (IRS master file)
2200 BISCAYNE BLVD, MIAMI, FL 33137-5283
In care of
% CRESCENT HEIGHTS
Signed the 990-PF
RUSSELL GALBUT, TREASURER
Phone
(305) 374-5700

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
20-5918650
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
2007
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,903,984
Income (IRS master file)
$1,947,499

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,947,499$877,225$3,903,984XML
990-PFDecember 2023$1,463,426$1,064,928$2,833,710XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 20-5918650).

Questions about RUSSELL & RONALEE GALBUT FAMILYFOUNDATION

What is the EIN of RUSSELL & RONALEE GALBUT FAMILYFOUNDATION?
The employer identification number (EIN) of RUSSELL & RONALEE GALBUT FAMILYFOUNDATION is 20-5918650.
Is RUSSELL & RONALEE GALBUT FAMILYFOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to RUSSELL & RONALEE GALBUT FAMILYFOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RUSSELL & RONALEE GALBUT FAMILYFOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of RUSSELL & RONALEE GALBUT FAMILYFOUNDATION 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 RUSSELL & RONALEE GALBUT FAMILYFOUNDATION 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 RUSSELL & RONALEE GALBUT FAMILYFOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does RUSSELL & RONALEE GALBUT FAMILYFOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,947,499, expenses of $877,225 and total assets of $3,903,984 at year end.

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