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Nonprofit · EIN 52-1451216

SHELDON AND CAROL GLUSMAN FOUNDATION INC

Tax-exempt · HUNT VALLEY, MD 21031

Financials

$24K$49K2023$4K$61K2024$207K$69K2025
Revenue Expenses · by fiscal year end
Financials of SHELDON AND CAROL GLUSMAN FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$207,445$69,166$138,279$586,936$0$586,936
December 31, 2024990-PF$3,601$60,741-$57,140$448,553$1$448,552
December 31, 2023990-PF$23,521$49,220-$25,699$505,551$0$505,551
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$178,899
Dividends
$24,664
Interest
$372
Net gain from sales of assets
$3,510

Expenses

Grants and similar amounts paid
$57,636
Disbursements for charitable purposes
$69,166
Excise tax on investment income
$237

Balance sheet and other

Total assets, start of year
$448,553
Total assets, end of year
$586,936
Total liabilities, end of year
$0
Net assets, end of year
$586,936
Fair market value of assets
$1,605,657
Qualifying distributions
$69,166
Net investment income
$28,546

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
ELIZABETH GREEN
11019 MCCORMICK ROAD STE 400, HUNT VALLEY, MD 21031
Secretary0$0
CAROL J GLUSMAN
ONE SLADE AVENUE 706, BALTIMORE, MD 21208
Trustee1$0
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
CAROL J GLUSMAN
ONE SLADE AVENUE 706, BALTIMORE, MD 21208
Trustee1$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
CAROL J GLUSMAN
ONE SLADE AVENUE 706, BALTIMORE, MD 21208
Trustee1$0

Address and contacts

Address (IRS master file)
11019 MCCORMICK RD STE 400, HUNT VALLEY, MD 21031-1407
Signed the 990-PF
CAROL J GLUSMAN, Trustee
Phone
(410) 484-0248
Return prepared by
LEHMANN & COMPANY 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 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
52-1451216
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
1986
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$586,936
Income (IRS master file)
$219,935

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$207,445$69,166$586,936IRS
990-PFDecember 2024$3,601$60,741$448,553IRS
990-PFDecember 2023$23,521$49,220$505,551XML
990-PFDecember 2022–––IRS
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 52-1451216).

Questions about SHELDON AND CAROL GLUSMAN FOUNDATION INC

What is the EIN of SHELDON AND CAROL GLUSMAN FOUNDATION INC?
The employer identification number (EIN) of SHELDON AND CAROL GLUSMAN FOUNDATION INC is 52-1451216.
Is SHELDON AND CAROL GLUSMAN FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to SHELDON AND CAROL GLUSMAN FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SHELDON AND CAROL GLUSMAN FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of SHELDON AND CAROL GLUSMAN 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 SHELDON AND CAROL GLUSMAN FOUNDATION INC 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 SHELDON AND CAROL GLUSMAN FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does SHELDON AND CAROL GLUSMAN FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $207,445, expenses of $69,166 and total assets of $586,936 at year end.

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