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Nonprofit · EIN 45-4901147

ABBAS STOREHOUSE FOUNDATION

Tax-exempt · WILMINGTON, DE 19809

Financials

$1.2M$16.2M2023$379K$1.5M2024
Revenue Expenses · by fiscal year end
Financials of ABBAS STOREHOUSE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$378,663$1,454,822-$1,076,159$20,817,442$0$20,817,442
December 31, 2023990-PF$1,169,179$16,184,093-$15,014,914$21,893,601$0$21,893,601
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$23,446
Interest
$22,612
Net gain from sales of assets
-$985,425
Other income
$1,318,030

Expenses

Grants and similar amounts paid
$1,003,600
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,017,122
Excise tax on investment income
$622

Balance sheet and other

Total assets, start of year
$21,893,601
Total assets, end of year
$20,817,442
Total liabilities, end of year
$0
Net assets, end of year
$20,817,442
Fair market value of assets
$19,426,262
Qualifying distributions
$1,017,122
Net investment income
$46,058

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
Connie Luebke
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, VP2$0
Jon Jeffrey Luebke
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Kailee C Luebke
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Makenna G Luebke
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Sec, Dir1$0
Richard L Luebke
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres2$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Connie Luebke
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, VP2$0
Kailee C Luebke
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Makenna G Luebke
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Sec, Dir1$0
Richard L Luebke
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres2$0

Address and contacts

Address (IRS master file)
FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
In care of
% FOUNDATION SOURCE
Signed the 990-PF
RICHARD LUEBKE, PRESIDENT
Phone
(800) 839-1754
Return prepared by
Foundation Source

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
45-4901147
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
Assets (IRS master file)
$20,817,442
Income (IRS master file)
$1,364,088

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$378,663$1,454,822$20,817,442XML
990-TDecember 2024–––IRS
990-PFDecember 2023$1,169,179$16,184,093$21,893,601XML
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-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 45-4901147).

Questions about ABBAS STOREHOUSE FOUNDATION

What is the EIN of ABBAS STOREHOUSE FOUNDATION?
The employer identification number (EIN) of ABBAS STOREHOUSE FOUNDATION is 45-4901147.
Is ABBAS STOREHOUSE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to ABBAS STOREHOUSE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ABBAS STOREHOUSE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ABBAS STOREHOUSE 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 ABBAS STOREHOUSE 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 ABBAS STOREHOUSE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does ABBAS STOREHOUSE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $378,663, expenses of $1,454,822 and total assets of $20,817,442 at year end.

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