Grossberg Abrams Foundation FY2023 filing

Tax-deductible

Saratoga, CA501(c)(3)Foundations & GrantmakersEIN 77-6148976Revenue $135K in FY2023

On file with the IRSPo Box 2067, 95070-0067 · Saratoga, CATax-exempt since Oct 1997Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
$21K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2023 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average deficit $889K a year · 306% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$21K
to officers and key staff · 0.3% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
990-PF Pt VIII
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$135K
-71% vs prior year
Spent
$6.2M
Net assets
$67K
By yearFY2020–FY2025
Revenue
$135K
FY2023▼ -71%
Tap a bar for its year
Revenue by fiscal year
FY2020$410K
FY2021$665K
FY2022$466K
FY2023$135K
FY2024$44K
FY2025$22K
Expenses
$6.2M
FY2023▲ ×48
Tap a bar for its year
Expenses by fiscal year
FY2020$368K
FY2021$383K
FY2022$129K
FY2023$6.2M
FY2024$33K
FY2025$8K
Net assets
$67K
FY2023▼ -99%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.2M
FY2021$9.5M
FY2022$9.8M
FY2023$67K
FY2024$78K
FY2025$92K

From the FY2023 Form 990 (year ending August 2023) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 99% · $6.1M Operating & administrative 1% · $36K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990-PF; $21K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Vice President
$20,600Pt VII · Sec A
President
$0Pt VII · Sec A
See Grossberg Abrams Foundation executive salaries →

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Programs and updates

A private foundation based in Saratoga, CA.

Questions for Grossberg Abrams Foundation

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 4 grants · $19K · 2023–2023
Nat Georgia Abrams Family FoundatioFY2023$9,068
Isaac Georgia Abrams Family FoundatFY2023$9,067
Nat Georgia Abrams Family FoundatioFY2023$351
Isaac Georgia Abrams Family FoundatFY2023$351

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$5K
Median grantPart XV$9K
Largest grantPart XV$9K

By the numbers

The FY2023 990-PF, line by line.

1The main four
Money in
$135K
Investment income$135K
Money out
$6.2M
Grants paid$6.1M
Running costs$36K
Owns and owes
$67K
net assets
Cash and savings$58K
Total assets$67K
Liabilities$0
People
2
listed
Paid1
2In more detail
Revenue in detail
Investment income$135K
Total revenue$135K
Assets in detailEnd of year
Cash and savings together$58K
Total assets$67K
Liabilities$0
Net assets$67K
Operations
Fiscal year endsAugust

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $22K$8K$14K$92K 990 PDF
FY2024 $44K$33K$11K$78K 990 PDF
FY2023 Viewing $135K$6.2M−$6.0M$67K 990 PDF
FY2022 $466K$129K$337K$9.8M 990 PDF
FY2021 $665K$383K$282K$9.5M 990 PDF
FY2020 $410K$368K$43K$9.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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