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Nonprofit · EIN 91-2085191

KAREN TOFFLER CHARITABLE TRUST

Also known as GLASSMAN RUSSELL TTEE

Tax-exempt · BOCA RATON, FL 33433

Financials

$1.7M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of KAREN TOFFLER CHARITABLE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,746,375$1,087,766$658,609$20,375,190$45,516$20,329,674
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,197,964
Interest
$26
Net gain from sales of assets
$527,395
Other income
$20,990

Expenses

Grants and similar amounts paid
$592,000
Compensation of officers, directors and key employees
$162,220
Disbursements for charitable purposes
$864,062
Excise tax on investment income
$24,800

Balance sheet and other

Total assets, start of year
$19,286,898
Total assets, end of year
$20,375,190
Total liabilities, end of year
$45,516
Net assets, end of year
$20,329,674
Fair market value of assets
$20,375,190
Qualifying distributions
$864,062
Net investment income
$1,983,980

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 / weekCompensationOther / benefits
REBECCA BARTOLI
12121 WILSHIRE BLVD STE 810, LOS ANGELES, CA 90025
EXECUTIVE DIRECTOR40$125,435$9,285
PETER KATONA
12121 WILSHIRE BLVD STE 810, LOS ANGELES, CA 90025
TRUSTEE10$10,000$0
RUSSELL GLASSMAN
12121 WILSHIRE BLVD STE 810, LOS ANGELES, CA 90025
TRUSTEE10$10,000$0
THOMAS JOHNSON
12121 WILSHIRE BLVD STE 810, LOS ANGELES, CA 90025
TRUSTEE10$7,500$0

Address and contacts

Address (IRS master file)
21743 ARRIBA REAL, BOCA RATON, FL 33433-3137
Signed the 990-PF
RUSSELL GLASSMAN, TRUSTEE
Phone
(516) 770-5474
Return prepared by
GREEN HASSON & JANKS LLP

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
91-2085191
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
2002
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$20,375,190
Income (IRS master file)
$12,471,427

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024–––IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$137,585$1,059,128$19,286,898IRS
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about KAREN TOFFLER CHARITABLE TRUST

What is the EIN of KAREN TOFFLER CHARITABLE TRUST?
The employer identification number (EIN) of KAREN TOFFLER CHARITABLE TRUST is 91-2085191.
Is KAREN TOFFLER CHARITABLE TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to KAREN TOFFLER CHARITABLE TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KAREN TOFFLER CHARITABLE TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of KAREN TOFFLER CHARITABLE TRUST 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 KAREN TOFFLER CHARITABLE TRUST 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 KAREN TOFFLER CHARITABLE TRUST?
The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $125,435 (REBECCA BARTOLI, EXECUTIVE DIRECTOR).
How much revenue does KAREN TOFFLER CHARITABLE TRUST have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,746,375, expenses of $1,087,766 and total assets of $20,375,190 at year end.

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