Nonprofit · EIN 23-2164013
PRESSER FOUNDATION
Tax-exempt · PHILADELPHIA, PA 19118
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $8,298,526 | $4,615,873 | $3,682,653 | $89,282,273 | $854,014 | $88,428,259 |
| June 30, 2024 | 990-PF | $3,698,768 | $3,347,350 | $351,418 | $82,869,734 | $646,016 | $82,223,718 |
| June 30, 2023 | 990-PF | $4,260,735 | $4,076,466 | $184,269 | $76,682,009 | $1,316,777 | $75,365,232 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Dividends
- $2,156,744
- Interest
- $73,784
- Net gain from sales of assets
- $6,062,123
- Other income
- $5,875
Expenses
- Grants and similar amounts paid
- $3,893,517
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $4,292,722
- Excise tax on investment income
- $113,931
Balance sheet and other
- Total assets, start of year
- $82,869,734
- Total assets, end of year
- $89,282,273
- Total liabilities, end of year
- $854,014
- Net assets, end of year
- $88,428,259
- Fair market value of assets
- $89,282,273
- Qualifying distributions
- $4,292,722
- Net investment income
- $8,292,651
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELLEN ROSEN PO BOX 9982, PHILADELPHIA, PA 19118 | PRESIDENT | 2 | $0 |
| WILLIAM B MCLAUGHLIN III PO BOX 9982, PHILADELPHIA, PA 19118 | FIRST VICE PRESIDENT | 2 | $0 |
| STANFORD THOMPSON PO BOX 9982, PHILADELPHIA, PA 19118 | SECOND VICE PRESIDENT | 2 | $0 |
| SHARON SOROKIN JAMES PO BOX 9982, PHILADELPHIA, PA 19118 | SECRETARY | 2 | $0 |
| CHRISTOPHER RINALDI PO BOX 9982, PHILADELPHIA, PA 19118 | TREASURER | 2 | $0 |
| MARY JANE BOBYOCK PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| PETER BURWASSER PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| ROLLO DILWORTH PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| EVE HYPPOLITE PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| DENISE IEMOLO PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| DAVID KRING PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| SUSAN LEWIS PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| LEI X OUYANG PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| MARY ELLEN POOLE PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| MARIETTA SIMPSON PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERELL STAFFORD PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| RADCLYFFE F THOMPSON PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| MELINDA WHITING PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| VERA WILSON PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| JOHN B WRIGHT II PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
990-PF for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELLEN ROSEN PO BOX 9982, PHILADELPHIA, PA 19118 | PRESIDENT | 2 | $0 |
| WILLIAM B MCLAUGHLIN III PO BOX 9982, PHILADELPHIA, PA 19118 | FIRST VICE PRESIDENT | 2 | $0 |
| STANFORD THOMPSON PO BOX 9982, PHILADELPHIA, PA 19118 | SECOND VICE PRESIDENT | 2 | $0 |
| SHARON SOROKIN PO BOX 9982, PHILADELPHIA, PA 19118 | SECRETARY | 2 | $0 |
| CHRISTOPHER RINALDI PO BOX 9982, PHILADELPHIA, PA 19118 | TREASURER | 2 | $0 |
| MARY JANE BOBYOCK PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| PETER BURWASSER PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| ROLLO DILWORTH PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| DAVID KRING PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| SUSAN LEWIS PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| LEI X OUYANG PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| MARIETTA SIMPSON PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| COREY R SMITH PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| TERELL STAFFORD PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| RADCLYFFE F THOMPSON PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| MARK WAIT PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| MELINDA WHITING PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| VERA WILSON PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| JOHN WRIGHT PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
990-PF for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY CORNELIUS PO BOX 9982, PHILADELPHIA, PA 19118 | PRESIDENT | 2 | $0 |
| WILLIAM B MCLAUGHLIN III PO BOX 9982, PHILADELPHIA, PA 19118 | VICE PRESIDENT | 2 | $0 |
| ELLEN ROSEN PO BOX 9982, PHILADELPHIA, PA 19118 | TREASURER | 2 | $0 |
| SHARON L SOROKIN PO BOX 9982, PHILADELPHIA, PA 19118 | SECRETARY | 2 | $0 |
| MARY JANE BOBYOCK PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| PETER BURWASSER PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| ROLLO DILWORTH PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| DAVID KRING PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| SUSAN LEWIS PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| CHRISTOPHER RINALDI PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| COREY R SMITH PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| RADCLYFFE F THOMPSON PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| STANFORD THOMPSON PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| MARK WAIT PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| MELINDA WHITING PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| VERA WILSON PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
| JOHN WRIGHT PO BOX 9982, PHILADELPHIA, PA 19118 | TRUSTEE | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 9982, PHILADELPHIA, PA 19118-0982
- Signed the 990-PF
- CHRISTOPHER RINALDI, TREASURER
- Phone
- (267) 519-5350
- Website
- WWW.PRESSERFOUNDATION.ORG
- Return prepared by
- CLIFTONLARSONALLEN 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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 23-2164013
- 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
- 1938
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $89,282,273
- Income (IRS master file)
- $10,658,117
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $8,298,526 | $4,615,873 | $89,282,273 | IRS |
| 990-PF | June 2024 | $3,698,768 | $3,347,350 | $82,869,734 | XML |
| 990-PF | June 2023 | $4,260,735 | $4,076,466 | $76,682,009 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2020 | – | – | – | IRS |
| 990-PF | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 23-2164013).
Questions about PRESSER FOUNDATION
- What is the EIN of PRESSER FOUNDATION?
- The employer identification number (EIN) of PRESSER FOUNDATION is 23-2164013.
- Is PRESSER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1938.
- Are donations to PRESSER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PRESSER FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PRESSER FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRESSER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of PRESSER FOUNDATION?
- The 990-PF for the year ended June 30, 2025 lists 20 people; 0 received compensation from the organization.
- How much revenue does PRESSER FOUNDATION have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $8,298,526, expenses of $4,615,873 and total assets of $89,282,273 at year end.
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