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Nonprofit · EIN 52-2106490

THE PEGGY AND MILLARD DREXLER FOUNDATION

Tax-exempt · NEW YORK, NY 10065

Financials

$554K$547K2023$1.3M$822K2024
Revenue Expenses · by fiscal year end
Financials of THE PEGGY AND MILLARD DREXLER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,254,327$821,592$432,735$7,569,434$0$7,569,434
December 31, 2023990-PF$553,654$547,133$6,521$7,136,699$0$7,136,699
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$151,344
Interest
$2,928
Net gain from sales of assets
$987,808
Other income
$112,247

Expenses

Grants and similar amounts paid
$534,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$700,071
Excise tax on investment income
$14,240

Balance sheet and other

Total assets, start of year
$7,136,699
Total assets, end of year
$7,569,434
Total liabilities, end of year
$0
Net assets, end of year
$7,569,434
Fair market value of assets
$11,072,785
Qualifying distributions
$837,479
Net investment income
$1,145,978

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
MILLARD S DREXLER
640 PARK AVENUE, NEW YORK, NY 10065
CHAIRMAN/TREASU1$0
PEGGY F DREXLER
640 PARK AVENUE, NEW YORK, NY 10065
PRESIDENT5$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
MILLARD S DREXLER
640 PARK AVENUE, NEW YORK, NY 10065
CHAIRMAN/TREASU1$0
PEGGY F DREXLER
640 PARK AVENUE, NEW YORK, NY 10065
PRESIDENT5$0

Address and contacts

Address (IRS master file)
640 PARK AVENUE, NEW YORK, NY 10065-6126
In care of
%
Signed the 990-PF
DR PEGGY DREXLER, PRESIDENT
Phone
(212) 583-6001
Return prepared by
CORIENT TAX 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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
52-2106490
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
1998
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$7,569,434
Income (IRS master file)
$3,153,342

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,254,327$821,592$7,569,434IRS
990-PFDecember 2023$553,654$547,133$7,136,699XML
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 52-2106490).

Questions about THE PEGGY AND MILLARD DREXLER FOUNDATION

What is the EIN of THE PEGGY AND MILLARD DREXLER FOUNDATION?
The employer identification number (EIN) of THE PEGGY AND MILLARD DREXLER FOUNDATION is 52-2106490.
Is THE PEGGY AND MILLARD DREXLER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to THE PEGGY AND MILLARD DREXLER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE PEGGY AND MILLARD DREXLER FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE PEGGY AND MILLARD DREXLER 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 THE PEGGY AND MILLARD DREXLER 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 THE PEGGY AND MILLARD DREXLER FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does THE PEGGY AND MILLARD DREXLER FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,254,327, expenses of $821,592 and total assets of $7,569,434 at year end.

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