Nonprofit · EIN 47-5082577
PALESTINE FOUNDATION INC
Tax-exempt (reinstated) · PLS VRDS EST, CA 90274
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $279,090 | $110,280 | $168,810 | $223,197 | $0 | $223,197 |
| December 31, 2024 | 990 | $185,915 | $226,694 | -$40,779 | $113,559 | $0 | $113,559 |
| December 31, 2023 | 990 | $294,582 | $226,636 | $67,946 | $154,338 | $0 | $154,338 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $279,080
- Program service revenue
- $0
- Investment income
- $10
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $55,922
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $50
- Accounting fees
- $3,000
- Program services (functional)
- $60,192
- Management and general (functional)
- $19,389
- Fundraising (functional)
- $30,699
Balance sheet and other
- Total assets, start of year
- $113,559
- Total assets, end of year
- $223,197
- Total liabilities, end of year
- $0
- Net assets, end of year
- $223,197
- Net assets without donor restrictions
- $223,197
- Gross receipts
- $279,090
- Employees
- 0
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LILY KARAM | CEO Trustee or director | 0 | $0 |
| GEORGE ABUHAMAD | CFO Trustee or director | 0 | $0 |
| RANDA ISSA | Secretary Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE ABUHAMAD | CFO Trustee or director | 0 | $0 |
| LILY KARAM | CEO Trustee or director | 0 | $0 |
| RANDA ISSA | SECRETARY Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE ABUHAMAD | CFO Trustee or director | 0 | $0 |
| LILY KARAM | CEO Trustee or director | 0 | $0 |
| RANDA ISSA | SECRETARY Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 791, PLS VRDS EST, CA 90274-0791
- Principal officer (990 for 2025)
- GEORGE ABUHAMAD, PO Box 791, Palos Verdes Estates, CA 90274
- Signed the 990
- GEORGE ABUHAMAD, CFO
- Phone
- (714) 396-7004
- Return prepared by
- Sophie Latif
Mission
PROVIDING HUMAN SERVICES
Program accomplishments
- PROVIDE HUMAN SERVICESExpenses $60,192 · grants $55,922
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-5082577
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A70)
- Assets (IRS master file)
- $223,197
- Income (IRS master file)
- $279,090
Revocation and reinstatement
- Exemption revoked
- May 15, 2018
- Posted by the IRS
- August 13, 2018
- Reinstated
- Effective May 15, 2018
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $253,204 | $369,382 | $85,603 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2016 | – | – | – | 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 PALESTINE FOUNDATION INC
- What is the EIN of PALESTINE FOUNDATION INC?
- The employer identification number (EIN) of PALESTINE FOUNDATION INC is 47-5082577.
- Is PALESTINE FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective May 15, 2018.
- Are donations to PALESTINE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALESTINE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PALESTINE FOUNDATION INC 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 PALESTINE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PALESTINE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names GEORGE ABUHAMAD.
- Who are the officers and directors of PALESTINE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does PALESTINE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $279,090, expenses of $110,280 and total assets of $223,197 at year end.
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