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Nonprofit · EIN 90-0445575

AUDREY AND MARTIN GRUSS FOUNDATION

Tax-exempt · WEST PALM BEACH, FL 33401

Financials

$6.1M$8.2M2023$4.2M$4.9M2024
Revenue Expenses · by fiscal year end
Financials of AUDREY AND MARTIN GRUSS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990-PF$4,211,506$4,882,858-$671,352$25,747,431$4,352$25,743,079
August 31, 2024990-PF$6,145,019$8,214,747-$2,069,728$26,414,431$0$26,414,431
Financial details: 990-PF for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$3,337,068
Dividends
$197,720
Interest
$3,444
Net rental income
-$18,156
Net gain from sales of assets
$443,787
Other income
$229,487

Expenses

Grants and similar amounts paid
$4,549,188
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$4,557,437
Excise tax on investment income
$6,909

Balance sheet and other

Total assets, start of year
$26,414,431
Total assets, end of year
$25,747,431
Total liabilities, end of year
$4,352
Net assets, end of year
$25,743,079
Fair market value of assets
$35,896,694
Qualifying distributions
$4,557,437
Net investment income
$795,334

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARTIN D GRUSS
C/O GRUSS CO LLC, 777 S FLAGLER DRIVE STE 801-E, WEST PALM BEACH, FL 33401
CO-PRESIDENT0$0
AUDREY B GRUSS
C/O GRUSS CO LLC, 777 S FLAGLER DRIVE STE 801-E, WEST PALM BEACH, FL 33401
CO-PRESIDENT0$0
BHASH LALTA
C/O GRUSS CO LLC, 777 S FLAGLER DRIVE STE 801-E, WEST PALM BEACH, FL 33401
VICE PRESIDENT/SECRETARY0$0
COURTNEY KEEMSS
C/O GRUSS CO LLC, 777 S FLAGLER DRIVE STE 801-E, WEST PALM BEACH, FL 33401
ASSISTANT SECRETARY0$0
DAVID ZISLIN
C/O GRUSS CO LLC, 777 S FLAGLER DRIVE STE 801-E, WEST PALM BEACH, FL 33401
VICE PRESIDENT/TREASURER0$0
990-PF for the year ended August 31, 2024: 5 people
NameTitleHours / weekCompensation
MARTIN D GRUSS
C/O GRUSS CO LLC, 777 S FLAGLER DRIVE STE 801-E, WEST PALM BEACH, FL 33401
CO-PRESIDENT0$0
AUDREY B GRUSS
C/O GRUSS CO LLC, 777 S FLAGLER DRIVE STE 801-E, WEST PALM BEACH, FL 33401
CO-PRESIDENT0$0
BHASH LALTA
C/O GRUSS CO LLC, 777 S FLAGLER DRIVE STE 801-E, WEST PALM BEACH, FL 33401
VICE PRESIDENT/SECRETARY0$0
COURTNEY KEEMSS
C/O GRUSS CO LLC, 777 S FLAGLER DRIVE STE 801-E, WEST PALM BEACH, FL 33401
ASSISTANT SECRETARY0$0
DAVID ZISLIN
C/O GRUSS CO LLC, 777 S FLAGLER DRIVE STE 801-E, WEST PALM BEACH, FL 33401
VICE PRESIDENT/TREASURER0$0

Address and contacts

Address (IRS master file)
777 S FLAGLER DRIVE SUITE 801-E, WEST PALM BEACH, FL 33401-6134
In care of
% BHASH LALTA
Signed the 990-PF
BHASH LALTA, VICE PRESIDENT
Phone
(561) 515-6456
Return prepared by
SMITH & ELKIN CPA'S 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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990-PF on file
2023August 31, 2024January 15, 2025990-PF on file

IRS record

EIN
90-0445575
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
2009
Accounting year ends
August
Files
Form 990-PF
Assets (IRS master file)
$25,747,431
Income (IRS master file)
$4,211,506

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFAugust 2025$4,211,506$4,882,858$25,747,431IRS
990-TAugust 2025–––IRS
990-PFAugust 2024$6,145,019$8,214,747$26,414,431XML
990-TAugust 2024–––IRS
990-PFAugust 2023–––IRS
990-TAugust 2023–––IRS
990-PFAugust 2022–––IRS
990-TAugust 2022–––IRS
990-PFAugust 2021–––IRS
990-TAugust 2021–––IRS
990-PFAugust 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 90-0445575).

Questions about AUDREY AND MARTIN GRUSS FOUNDATION

What is the EIN of AUDREY AND MARTIN GRUSS FOUNDATION?
The employer identification number (EIN) of AUDREY AND MARTIN GRUSS FOUNDATION is 90-0445575.
Is AUDREY AND MARTIN GRUSS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to AUDREY AND MARTIN GRUSS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does AUDREY AND MARTIN GRUSS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of AUDREY AND MARTIN GRUSS FOUNDATION due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AUDREY AND MARTIN GRUSS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended August 2025.
Who are the officers and directors of AUDREY AND MARTIN GRUSS FOUNDATION?
The 990-PF for the year ended August 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does AUDREY AND MARTIN GRUSS FOUNDATION have?
On its 990-PF for the year ended August 31, 2025 it reported revenue of $4,211,506, expenses of $4,882,858 and total assets of $25,747,431 at year end.

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