Skip to main content

Nonprofit · EIN 26-3528330

LESTER G ABELOFF FOUNDATION

Tax-exempt · STROUDSBURG, PA 18360

Financials

$1.7M$1.7M2024$2.4M$1.9M2025
Revenue Expenses · by fiscal year end
Financials of LESTER G ABELOFF FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$2,440,340$1,892,389$547,951$24,965,631$0$24,965,631
December 31, 2024990-PF$1,720,782$1,685,621$35,161$24,417,680$0$24,417,680
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$904,695
Interest
$223
Net gain from sales of assets
$1,535,422

Expenses

Grants and similar amounts paid
$1,492,500
Compensation of officers, directors and key employees
$180,000
Disbursements for charitable purposes
$1,684,550
Excise tax on investment income
$31,400

Balance sheet and other

Total assets, start of year
$24,417,680
Total assets, end of year
$24,965,631
Total liabilities, end of year
$0
Net assets, end of year
$24,965,631
Fair market value of assets
$38,518,099
Qualifying distributions
$1,684,550
Net investment income
$2,440,340

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
CHARLES CAHN
40 HARMON DR, STROUDSBURG, PA 18360
PRESIDENT/TREASURER10$60,000
REBEKAH NEWMAN
PO BOX 80, TELLURIDE, CO 81435
SECRETARY10$60,000
JASON CAHN
5 LANTERN PLACE EAST, EASTON, PA 18045
DIRECTOR5$30,000
AARON CAHN
115 RANSBERRY AVE, EAST STROUDSBURG, PA 18301
DIRECTOR5$30,000
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
CHARLES CAHN
40 HARMON DR, STROUDSBURG, PA 18360
PRESIDENT/TREASURER10$60,000
REBEKAH NEWMAN
PO BOX 80, TELLURIDE, CO 81435
SECRETARY10$60,000
JASON CAHN
5 LANTERN PLACE EAST, EASTON, PA 18045
DIRECTOR5$30,000
AARON CAHN
115 RANSBERRY AVE, EAST STROUDSBURG, PA 18301
DIRECTOR5$30,000

Address and contacts

Address (IRS master file)
PO BOX 488, STROUDSBURG, PA 18360-0488
In care of
% SAM NEWMAN
Signed the 990-PF
CHARLES CAHN, PRESIDENT & TREASURER
Phone
(570) 236-5875
Return prepared by
KLATZKIN & COMPANY 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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
26-3528330
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
2010
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$24,965,631
Income (IRS master file)
$6,421,192

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025–––IRS
990-PFDecember 2024–––IRS
990-PFDecember 2023$1,401,187$1,783,284$24,382,519IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 LESTER G ABELOFF FOUNDATION

What is the EIN of LESTER G ABELOFF FOUNDATION?
The employer identification number (EIN) of LESTER G ABELOFF FOUNDATION is 26-3528330.
Is LESTER G ABELOFF FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to LESTER G ABELOFF FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LESTER G ABELOFF FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of LESTER G ABELOFF FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LESTER G ABELOFF FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of LESTER G ABELOFF FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 4 received compensation from the organization, the highest $60,000 (CHARLES CAHN, PRESIDENT/TREASURER).
How much revenue does LESTER G ABELOFF FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,440,340, expenses of $1,892,389 and total assets of $24,965,631 at year end.

Other nonprofits in STROUDSBURG

All nonprofits in STROUDSBURG · Pennsylvania · Philanthropy, voluntarism and grantmaking foundations