Press Adelman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $230K in total assets. In 2024, it awarded 8 grants totaling $16K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$230K
+3.4% YoY
Annual Giving
$16K
-8.6% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$2K
-8.6% YoY
Under IRS private-foundation payout rules, Press Adelman Foundation reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.
About Press Adelman Foundation
Based on IRS filings
Press Adelman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $230K in total assets. In 2024, it awarded 8 grants totaling $16K. Net investment income was $26K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $230,300 | $222,680 | $232,554 |
| Revenue | $25,896 | $9,644 | $1,929 |
| Expenses | $18,274 | $19,518 | $18,491 |
| Qualifying Distributions | $18,274 | $19,518 | $17,843 |
| Net Investment Income | $25,896 | $9,644 | $3,006 |
| Distributable Amount | $30,611 | $13,922 | $14,614 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Little Brothers - Friends of the Elderly ($4,000), Boys & Girls Clubs of Chicago ($2,000), Common Pantry ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS CLUBS OF CHICAGO CHICAGO, IL | GENERAL OPERATIONS | $2,000 |
| COMMON PANTRY CHICAGO, IL | GENERAL OPERATIONS | $2,000 |
| FOOD BANK OF NORTHERN INDIANA SOUTH BEND, IN | GENERAL OPERATIONS | $2,000 |
| FRIENDS OF ISRAELI DEFENSE FORCES NEW YORK, NY | GENERAL OPERATIONS | $2,000 |
| JUST ONE CHESED HARWOOD HEIGHTS, IL | GENERAL OPERATIONS | $1,000 |
| LITTLE BROTHERS - FRIENDS OF THE ELDERLY CHICAGO, IL | GENERAL OPERATIONS | $4,000 |
| RUTH PAGE CENTER FOR THE ARTS CHICAGO, IL | GENERAL OPERATIONS | $1,000 |
| SOUTH BEND EDUCATION FOUNDATION SOUTH BEND, IN | GENERAL OPERATIONS | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| IRWIN PRESS | PRESIDENT & TREASURER | 2 | — |
| ANDRA S PRESS | VICE-PRESIDENT & SECRETARY | 2 | — |
| MATTHEW D PRESS | BOARD MEMBER | 2 | — |
| ELIZABETH A PRESS | BOARD MEMBER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Press Adelman Foundation?
Press Adelman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $230K in total assets as of 2024.
How large is Press Adelman Foundation?
As of 2024, Press Adelman Foundation holds $230K in total assets with $26K in annual revenue. It awarded 8 grants totaling $16K in 2024.
Where does Press Adelman Foundation operate?
Press Adelman Foundation has awarded grants in Illinois, Indiana, New York.
What size grants does Press Adelman Foundation award?
In 2024, Press Adelman Foundation awarded 8 grants totaling $16K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Press Adelman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Press Adelman Foundation reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Press Adelman Foundation's EIN?
Press Adelman Foundation's EIN (Employer Identification Number) is 27-4131942. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Press Adelman Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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