Nonprofit · EIN 52-1610465
THE DRESHER FOUNDATION INC
Tax-exempt · ABINGDON, MD 21009
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $5,012,012 | $3,456,022 | $1,555,990 | $49,966,671 | $26,274 | $49,940,397 |
| December 31, 2023 | 990-PF | $1,679,881 | $3,353,199 | -$1,673,318 | $48,384,999 | $0 | $48,384,999 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,412,367
- Net gain from sales of assets
- $2,572,128
- Other income
- $1,027,517
Expenses
- Grants and similar amounts paid
- $2,743,250
- Compensation of officers, directors and key employees
- $166,400
- Salaries, compensation and benefits (total)
- $29,000
- Disbursements for charitable purposes
- $3,041,019
- Excise tax on investment income
- $64,786
Balance sheet and other
- Total assets, start of year
- $48,384,999
- Total assets, end of year
- $49,966,671
- Total liabilities, end of year
- $26,274
- Net assets, end of year
- $49,940,397
- Fair market value of assets
- $67,001,201
- Qualifying distributions
- $3,041,019
- Net investment income
- $5,011,069
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 | Other / benefits |
|---|---|---|---|---|
| PATRICIA G STERLING 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | EXECUTIVE DIRECTOR | 40 | $140,000 | $4,738 |
| MELANIE M ROBINSON 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | PRESIDENT | 1 | $7,000 | $0 |
| SUSAN B ROARTY 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $5,000 | $0 |
| JAMES R BUTCHER 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $4,900 | $0 |
| JEANNE D BUTCHER 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $3,875 | $0 |
| MARCIE D MICHAEL 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | VICE PRESIDENT | 1 | $3,500 | $0 |
| JOSHUA M DRESHER 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $1,500 | $0 |
| VIRGINIA MEOLI 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $625 | $0 |
| JAMES DRESHER 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $0 | $0 |
| PATRICIA DRESHER 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | VICE PRESIDENT | 1 | $0 | $0 |
| JEFFREY DRESHER 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $0 | $0 |
| MICHAEL MEOLI 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TREASURER | 1 | $0 | $0 |
| ANTHONY MEOLI 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $0 | $0 |
| JOHN W DRESHER 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $0 | $0 |
| MEGAN DRESHER LITSEY 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PATRICIA G STERLING 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | EXECUTIVE DIRECTOR | 40 | $135,492 | $5,420 |
| MELANIE M ROBINSON 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | PRESIDENT | 1 | $6,875 | $0 |
| JEANNE D BUTCHER 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $6,375 | $0 |
| JAMES R BUTCHER 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $3,625 | $0 |
| SUSAN B ROARTY 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $3,375 | $0 |
| MARCIE D MICHAEL 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | VICE PRESIDENT | 1 | $2,500 | $0 |
| JOSHUA M DRESHER 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $1,750 | $0 |
| MEGAN DRESHER LITSEY 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $1,375 | $0 |
| JAMES DRESHER 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $0 | $0 |
| PATRICIA DRESHER 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | VICE PRESIDENT | 1 | $0 | $0 |
| JEFFREY DRESHER 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $0 | $0 |
| MICHAEL MEOLI 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TREASURER | 1 | $0 | $0 |
| VIRGINIA MEOLI 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $0 | $0 |
| ANTHONY MEOLI 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $0 | $0 |
| JOHN W DRESHER 4940 CAMPBELL BLVD SUITE 110, BALTIMORE, MD 21236 | TRUSTEE | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3465 BOX HILL CORPORATE CTR DR, ABINGDON, MD 21009-1261
- Signed the 990-PF
- JAMES DRESHER JR, OFFICER
- Phone
- (410) 931-9050
- Website
- WWW.DRESHERFOUNDATION.ORG
- Return prepared by
- GORFINE SCHILLER & GARDYN PA
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
- 52-1610465
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $49,966,671
- Income (IRS master file)
- $10,433,861
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $5,012,012 | $3,456,022 | $49,966,671 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $1,679,881 | $3,353,199 | $48,384,999 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 52-1610465).
Questions about THE DRESHER FOUNDATION INC
- What is the EIN of THE DRESHER FOUNDATION INC?
- The employer identification number (EIN) of THE DRESHER FOUNDATION INC is 52-1610465.
- Is THE DRESHER FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to THE DRESHER FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE DRESHER FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE DRESHER FOUNDATION INC 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 THE DRESHER FOUNDATION INC 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 THE DRESHER FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 15 people; 8 received compensation from the organization, the highest $140,000 (PATRICIA G STERLING, EXECUTIVE DIRECTOR).
- How much revenue does THE DRESHER FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,012,012, expenses of $3,456,022 and total assets of $49,966,671 at year end.
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