Nonprofit · EIN 27-4392768
SAAB FAMILY FOUNDATION
Tax-exempt · LOWELL, MA 01852
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,226,328 | $1,056,250 | $170,078 | $15,371,746 | $0 | $15,371,746 |
| December 31, 2023 | 990-PF | $541,230 | $1,030,869 | -$489,639 | $16,072,598 | $529,143 | $15,543,455 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $410,733
- Interest
- $253,166
- Net gain from sales of assets
- $451,895
- Other income
- $110,534
Expenses
- Grants and similar amounts paid
- $889,400
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $910,146
- Excise tax on investment income
- $15,011
Balance sheet and other
- Total assets, start of year
- $16,072,598
- Total assets, end of year
- $15,371,746
- Total liabilities, end of year
- $0
- Net assets, end of year
- $15,371,746
- Fair market value of assets
- $18,708,823
- Qualifying distributions
- $910,146
- Net investment income
- $1,225,328
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 |
|---|---|---|---|
| ELISIA M SAAB 396 ANDOVER STREET, LOWELL, MA 01852 | TRUSTEE, CHAIR, TREASURER | 1.6 | $0 |
| MARK A SAAB 396 ANDOVER STREET, LOWELL, MA 01852 | TRUSTEE | 1.6 | $0 |
| ANALISE S BROWN 45 CLARK ROAD, LOWELL, MA 01853 | TRUSTEE | 1.6 | $0 |
| TRICIA L ALBERT 29 NORTHWESTERN DRIVE, SALEM, NH 03079 | TRUSTEE | 1.6 | $0 |
| ALANA T SAAB 540 6TH AVENUE, NEW YORK, NY 10011 | TRUSTEE | 1.6 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elisia M Saab 396 Andover Street, Lowell, MA 01852 | Trustee, Chair, Treasurer | 1.6 | $0 |
| Mark A Saab 396 Andover Street, Lowell, MA 01852 | Trustee | 1.6 | $0 |
| Analise S Brown 45 Clark Road, Lowell, MA 01853 | Trustee | 1.6 | $0 |
| Tricia L Albert 29 Northwestern Drive, Salem, NH 03079 | Trustee | 1.6 | $0 |
| Alana T Saab 540 6th Avenue, New York, NY 10011 | Trustee | 1.6 | $0 |
Address and contacts
- Address (IRS master file)
- 579 E MERRIMACK ST, LOWELL, MA 01852-1418
- In care of
- % ELISIA M SAAB
- Signed the 990-PF
- ELISIA SAAB, TRUSTEE
- Phone
- (603) 401-3888
- Website
- WWW.SAABFAMILYFOUNDATION.ORG
- Return prepared by
- GRANT THORNTON ADVISORS LLC
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
- 27-4392768
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $15,371,746
- Income (IRS master file)
- $8,677,745
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,226,328 | $1,056,250 | $15,371,746 | XML |
| 990-PF | December 2023 | $541,230 | $1,030,869 | $16,072,598 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 27-4392768).
Questions about SAAB FAMILY FOUNDATION
- What is the EIN of SAAB FAMILY FOUNDATION?
- The employer identification number (EIN) of SAAB FAMILY FOUNDATION is 27-4392768.
- Is SAAB FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to SAAB FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SAAB FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SAAB FAMILY 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 SAAB FAMILY 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 SAAB FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does SAAB FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,226,328, expenses of $1,056,250 and total assets of $15,371,746 at year end.
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