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Also known as: C/O BESSEMER TRUST
Herbert Adelman Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2010. The principal officer is % Bessemer Trust. It holds total assets of $480K. Annual income is reported at $256K. The foundation operates in the area of health. According to available records, Herbert Adelman Foundation has made 14 grants totaling $380K, with a median grant of $25K. Annual giving has decreased from $80K in 2020 to $45K in 2023. Grantmaking activity was highest in 2021 with $135K distributed across 3 grants. Individual grants have ranged from $5K to $75K, with an average award of $27K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Illinois and Louisiana. Contributions to this foundation are tax-deductible.
Herbert Adelman Foundation primarily funds organizations in the area of health. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in IL, LA.
Herbert Adelman Foundation has distributed a total of $380K across 14 grants. The median grant size is $25K, with an average of $27K. Individual grants have ranged from $5K to $75K.
Herbert Adelman Foundation typically selects its grantees rather than accepting unsolicited proposals.
Herbert Adelman Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Andra S Press | SOLE TRUSTEE | $0 | $0 | $0 |
Total Giving
$48K
Total Assets
$602K
Fair Market Value
$799K
Net Worth
$602K
Grants Paid
$45K
Contributions
$0
Net Investment Income
$22K
Distribution Amount
$37K
Total: $594K
Total Grants
14
Total Giving
$380K
Average Grant
$27K
Median Grant
$25K
Unique Recipients
6
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Alliance Of HopeGENERAL | Evanston, IL | $20K | 2023 |
| The Catholic CharitiesGENERAL | Chicago, IL | $15K | 2023 |
| ShalvaGENERAL | Chicago, IL | $10K | 2023 |
| Loss Program Catholic CharitiesGENERAL | Chicago, IL | $50K | 2021 |
| Baton Rouge Crisis CenterGENERAL | Baton Rouge, LA | $10K | 2021 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| NstcGENERAL | Great Lakes, IL | $50K | 2020 |
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