Nonprofit · EIN 75-1806018
LUCY AND ISADORE B ADELMAN FOUNDATION
Tax-exempt (reinstated) · SANTA MONICA, CA 90402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990-PF | $417,349 | $342,829 | $74,520 | $596,703 | $0 | $596,703 |
| June 30, 2025 | 990-PF | $685,778 | $602,096 | $83,682 | $522,183 | $0 | $522,183 |
| June 30, 2024 | 990-PF | $329,610 | $625,860 | -$296,250 | $438,501 | $0 | $438,501 |
| June 30, 2023 | 990-PF | $786,232 | $304,019 | $482,213 | $724,639 | $824 | $723,815 |
| June 30, 2022 | 990-PF | $154,518 | $237,159 | -$82,641 | $242,426 | $824 | $241,602 |
Financial details: 990-PF for the year ended June 30, 2026
Revenue
- Dividends
- $38,684
- Interest
- $1,486
- Net gain from sales of assets
- $377,179
Expenses
- Grants and similar amounts paid
- $287,105
- Disbursements for charitable purposes
- $287,105
- Excise tax on investment income
- $5,420
Balance sheet and other
- Total assets, start of year
- $522,183
- Total assets, end of year
- $596,703
- Total liabilities, end of year
- $0
- Net assets, end of year
- $596,703
- Fair market value of assets
- $1,325,493
- Qualifying distributions
- $287,105
- Net investment income
- $417,349
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 June 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Adelman 329 23rd St, Santa Monica, CA 90402 | President | 0 | $0 |
990-PF for the year ended June 30, 2025: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Adelman 329 23rd St, Santa Monica, CA 90402 | President | 0 | $0 |
990-PF for the year ended June 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Adelman 329 23rd St, Santa Monica, CA 90402 | President | 0 | $0 |
990-PF for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN ADELMAN 11150 W OLYMPIC BLVD SUITE 1000, LOS ANGELES, CA 90064 | PRESIDENT/TREASURER | 5 | $0 |
| CLAUDIO LLANOS 11150 W OLYMPIC BLVD SUITE 1000, LOS ANGELES, CA 90064 | SECRETARY | 1 | $0 |
| LISA ADELMAN LLANOS 11150 W OLYMPIC BLVD SUITE 1000, LOS ANGELES, CA 90064 | VICE PRESIDENT | 1 | $0 |
| ARON ADELMAN LLANOS 11150 W OLYMPIC BLVD SUITE 1000, LOS ANGELES, CA 90064 | VICE PRESIDENT | 1 | $0 |
990-PF for the year ended June 30, 2022: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN ADELMAN 11150 W OLYMPIC BLVD SUITE 1000, LOS ANGELES, CA 90064 | PRESIDENT/TREASURER | 5 | $0 |
| CLAUDIO LLANOS 11150 W OLYMPIC BLVD SUITE 1000, LOS ANGELES, CA 90064 | SECRETARY | 1 | $0 |
| LISA ADELMAN LLANOS 11150 W OLYMPIC BLVD SUITE 1000, LOS ANGELES, CA 90064 | VICE PRESIDENT | 1 | $0 |
| ARON ADELMAN LLANOS 11150 W OLYMPIC BLVD SUITE 1000, LOS ANGELES, CA 90064 | VICE PRESIDENT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 329 23RD ST, SANTA MONICA, CA 90402-2513
- Signed the 990-PF
- Susan Adelman, President
- Phone
- (310) 633-3668
- Return prepared by
- Charles A Larson
California records
California keeps its own records of charities and corporations. Search them by EIN 75-1806018 or by the name LUCY AND ISADORE B ADELMAN FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990-PF on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 75-1806018
- 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
- 2024
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $522,183
- Income (IRS master file)
- $893,549
Revocation and reinstatement
- Exemption revoked
- November 15, 2021
- Posted by the IRS
- March 14, 2022
- Reinstated
- Effective November 15, 2021
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-PF | June 2026 | $417,349 | $342,829 | $596,703 | XML |
| 990-PF | June 2025 | $685,778 | $602,096 | $522,183 | XML |
| 990-PF | June 2024 | $329,610 | $625,860 | $438,501 | XML |
| 990-PF | June 2023 | $786,232 | $304,019 | $724,639 | XML |
| 990-PF | June 2022 | $154,518 | $237,159 | $242,426 | XML |
| 990-PF | June 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 75-1806018).
Questions about LUCY AND ISADORE B ADELMAN FOUNDATION
- What is the EIN of LUCY AND ISADORE B ADELMAN FOUNDATION?
- The employer identification number (EIN) of LUCY AND ISADORE B ADELMAN FOUNDATION is 75-1806018.
- Is LUCY AND ISADORE B ADELMAN FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2021 and reinstated it effective November 15, 2021.
- Are donations to LUCY AND ISADORE B ADELMAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LUCY AND ISADORE B ADELMAN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LUCY AND ISADORE B ADELMAN FOUNDATION due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LUCY AND ISADORE B ADELMAN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2026.
- Who are the officers and directors of LUCY AND ISADORE B ADELMAN FOUNDATION?
- The 990-PF for the year ended June 30, 2026 lists 1 person; 0 received compensation from the organization.
- How much revenue does LUCY AND ISADORE B ADELMAN FOUNDATION have?
- On its 990-PF for the year ended June 30, 2026 it reported revenue of $417,349, expenses of $342,829 and total assets of $596,703 at year end.
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