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Nonprofit · EIN 82-4235509

TERENCE & JENNIFER ADDERLEY FOUNDATION

Tax-exempt · DETROIT, MI 48226

Financials

$7.3M$1.7M2023$4.6M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of TERENCE & JENNIFER ADDERLEY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$4,590,693$1,122,025$3,468,668$29,380,432$0$29,380,432
December 31, 2023990-PF$7,319,864$1,731,568$5,588,296$25,750,194$0$25,750,194
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,287,740
Dividends
$428,758
Interest
$300,395
Net gain from sales of assets
$518,135
Other income
$55,665

Expenses

Grants and similar amounts paid
$875,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$896,994
Excise tax on investment income
$15,141

Balance sheet and other

Total assets, start of year
$25,750,194
Total assets, end of year
$29,380,432
Total liabilities, end of year
$0
Net assets, end of year
$29,380,432
Fair market value of assets
$31,384,334
Qualifying distributions
$896,994
Net investment income
$1,301,276

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
JENNIFER G ADDERLEY
1901 ST ANTOINE ST 6TH FLOOR, DETROIT, MI 48226
PRESIDENT/TREASURER1$0
ANDREW H CUROE
1901 ST ANTOINE ST 6TH FLOOR, DETROIT, MI 48226
SECRETARY1$0
RICHARD J KELLY
1901 ST ANTOINE ST 6TH FLOOR, DETROIT, MI 48226
DIRECTOR1$0
EUGENE A GARGARO JR
1901 ST ANTOINE ST 6TH FLOOR, DETROIT, MI 48226
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
JENNIFER G ADDERLEY
1901 ST ANTOINE ST 6TH FLOOR, DETROIT, MI 48226
PRESIDENT/TREASURER1$0
ANDREW H CUROE
1901 ST ANTOINE ST 6TH FLOOR, DETROIT, MI 48226
SECRETARY1$0
RICHARD J KELLY
1901 ST ANTOINE ST 6TH FLOOR, DETROIT, MI 48226
DIRECTOR1$0
EUGENE A GARGARO JR
1901 ST ANTOINE ST 6TH FLOOR, DETROIT, MI 48226
DIRECTOR1$0

Address and contacts

Address (IRS master file)
1901 ST ANTOINE STREET 6TH FLOOR, DETROIT, MI 48226-2336
Signed the 990-PF
ANDREW H CUROE, SECRETARY
Phone
(313) 393-7546
Return prepared by
PREDHOMME & CO

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
82-4235509
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
2018
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$29,380,432
Income (IRS master file)
$20,830,267

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$4,590,693$1,122,025$29,380,432XML
990-PFDecember 2023$7,319,864$1,731,568$25,750,194XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 82-4235509).

Questions about TERENCE & JENNIFER ADDERLEY FOUNDATION

What is the EIN of TERENCE & JENNIFER ADDERLEY FOUNDATION?
The employer identification number (EIN) of TERENCE & JENNIFER ADDERLEY FOUNDATION is 82-4235509.
Is TERENCE & JENNIFER ADDERLEY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to TERENCE & JENNIFER ADDERLEY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does TERENCE & JENNIFER ADDERLEY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of TERENCE & JENNIFER ADDERLEY 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 TERENCE & JENNIFER ADDERLEY 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 TERENCE & JENNIFER ADDERLEY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does TERENCE & JENNIFER ADDERLEY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,590,693, expenses of $1,122,025 and total assets of $29,380,432 at year end.

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