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Nonprofit · EIN 20-7190733

ALTAMIRA FOUNDATION

Also known as KENNETH L ABRAMS ET AL TTEE

Tax-exempt · WESTWOOD, MA 02090

Financials

$646K$1.2M2022$565K$849K2023$3.3M$715K2024
Revenue Expenses · by fiscal year end
Financials of ALTAMIRA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$3,322,845$715,361$2,607,484$18,621,143$0$18,621,143
December 31, 2023990-PF$565,004$849,284-$284,280$16,159,743$0$16,159,743
December 31, 2022990-PF$645,826$1,160,812-$514,986$16,444,023$0$16,444,023
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$125
Dividends
$527,052
Interest
$21,321
Net gain from sales of assets
$2,774,347

Expenses

Grants and similar amounts paid
$443,800
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$60,000
Disbursements for charitable purposes
$545,877
Excise tax on investment income
$43,858

Balance sheet and other

Total assets, start of year
$16,159,743
Total assets, end of year
$18,621,143
Total liabilities, end of year
$0
Net assets, end of year
$18,621,143
Fair market value of assets
$20,045,512
Qualifying distributions
$545,877
Net investment income
$3,322,720

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
SHELDON M FOX
2303 CHURCHILL RD, RALEIGH, NC 27608
EXEC DIRECTOR
Highest-paid employee
10$60,000
KENNETH L ABRAMS
401 SUMMER STREET, WESTWOOD, MA 02090
TRUSTEE1$0
SUSAN N ABRAMS
401 SUMMER STREET, WESTWOOD, MA 02090
TRUSTEE1$0
JESSICA A MURRAY
1814 N OAKLAND ST, ARLINGTON, VA 22207
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
SHELDON M FOX
2303 CHURCHILL RD, RALEIGH, NC 27608
EXEC DIRECTOR
Highest-paid employee
10$60,000
KENNETH L ABRAMS
401 SUMMER STREET, WESTWOOD, MA 02090
TRUSTEE1$0
SUSAN N ABRAMS
401 SUMMER STREET, WESTWOOD, MA 02090
TRUSTEE1$0
JESSICA A MURRAY
818 NORTH QUINCY ST 1207, ARLINGTON, VA 22203
TRUSTEE1$0
990-PF for the year ended December 31, 2022: 4 people
NameTitleHours / weekCompensation
SHELDON M FOX
2303 CHURCHILL RD, RALEIGH, NC 27608
EXEC DIRECTOR
Highest-paid employee
20$60,000
KENNETH L ABRAMS
401 SUMMER STREET, WESTWOOD, MA 02090
TRUSTEE1$0
SUSAN N ABRAMS
401 SUMMER STREET, WESTWOOD, MA 02090
TRUSTEE1$0
JESSICA A MURRAY
818 NORTH QUINCY ST 1207, ARLINGTON, VA 22203
TRUSTEE1$0

Address and contacts

Address (IRS master file)
401 SUMMER ST, WESTWOOD, MA 02090-1059
In care of
% KENNETH L ABRAMS
Signed the 990-PF
KENNETH ABRAMS, TRUSTEE
Phone
(781) 329-5186
Return prepared by
COLES & BODOIN LLP

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
20-7190733
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)
$18,621,143
Income (IRS master file)
$9,680,771

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,322,845$715,361$18,621,143XML
990-PFDecember 2023$565,004$849,284$16,159,743XML
990-PFDecember 2022$645,826$1,160,812$16,444,023IRS
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 20-7190733).

Questions about ALTAMIRA FOUNDATION

What is the EIN of ALTAMIRA FOUNDATION?
The employer identification number (EIN) of ALTAMIRA FOUNDATION is 20-7190733.
Is ALTAMIRA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to ALTAMIRA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ALTAMIRA FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ALTAMIRA 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 ALTAMIRA 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 ALTAMIRA FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $60,000 (SHELDON M FOX, EXEC DIRECTOR).
How much revenue does ALTAMIRA FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,322,845, expenses of $715,361 and total assets of $18,621,143 at year end.

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