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Also known as: C/O BESSEMER TRUST
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Press Adelman Family Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2012. The principal officer is Bill Blanchard. It holds total assets of $230K. Annual income is reported at $37K. Total assets have decreased from $295K in 2011 to $223K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Illinois, New York and Indiana. According to available records, Press Adelman Family Foundation has made 43 grants totaling $77K, with a median grant of $2K. Annual giving has grown from $12K in 2020 to $18K in 2023. Grantmaking activity was highest in 2022 with $32K distributed across 18 grants. Individual grants have ranged from $250 to $4K, with an average award of $2K. The foundation has supported 16 unique organizations. Grants have been distributed to organizations in Illinois and Indiana and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$2K
Largest Grant
$3K
Based on 8 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Press Adelman Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in IL, IN, NY.
Press Adelman Family Foundation has distributed a total of $77K across 43 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $250 to $4K.
Press Adelman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Press Adelman Family Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Irwin Press | PRESIDENT & TREASURER | $0 | $0 | N/A |
| Elizabeth A Press | BOARD MEMBER | $0 | $0 | N/A |
| Matthew D Press | BOARD MEMBER | $0 | $0 | N/A |
| Andra S Press | VICE-PRESIDENT & SECRETARY | $0 | $0 | N/A |
Total Giving
$20K
Total Assets
$223K
Fair Market Value
$291K
Net Worth
$223K
Grants Paid
$18K
Contributions
N/A
Net Investment Income
$10K
Distribution Amount
$14K
Total: $223K
Total Grants
43
Total Giving
$77K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
16
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Little Brothers - Friends Of The ElderlyGENERAL OPERATIONS | Chicago, IL | $4K | 2023 |
| Friends Of Israeli Defense ForcesGENERAL OPERATIONS | New York, NY | $3K | 2023 |
| South Bend Education FoundationGENERAL OPERATIONS | South Bend, IN | $2K | 2023 |
| Common PantryGENERAL OPERATIONS | Chicago, IL | $2K | 2023 |
| Food Bank Of Northern IndianaGENERAL OPERATIONS | South Bend, IN | $2K | 2023 |
| Boys & Girls Clubs Of ChicagoGENERAL OPERATIONS | Chicago, IL | $2K | 2023 |
| Operation Walk ChicagoGENERAL OPERATIONS | Rosemont, IL | $2K | 2023 |
| Ruth Page Center For The ArtsGENERAL OPERATIONS | Chicago, IL | $1K | 2023 |
| The Inspiration CorporationGENERAL OPERATIONS | Chicago, IL | $2K | 2022 |
| NostigmasGENERAL OPERATIONS | Chicago, IL | $600 | 2022 |
| Cards For KidsGENERAL OPERATIONS | Chicago, IL | $250 | 2022 |
| The Night MinistryGENERAL OPERATIONS | Chicago, IL | $2K | 2021 |
| Junior Achievement Of ChicagoGENERAL OPERATIONS | Chicago, IL | $2K | 2021 |
| Beacon IncGENERAL OPERATIONS | Bloomington, IN | $2K | 2021 |
| Ruth Page Center For ArtsGENERAL OPERATIONS | Chicago, IL | $1K | 2020 |
| Salt & Light CoalitionGENERAL OPERATIONS | Chicago, IL | $1K | 2020 |