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Nonprofit · EIN 36-6082419

GALTER FOUNDATION

Tax-exempt · NILES, IL 60714

Financials

$83K$206K2023$185K$193K2024
Revenue Expenses · by fiscal year end
Financials of GALTER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$184,764$193,361-$8,597$2,587,951$360,347$2,227,604
December 31, 2023990-PF$83,306$206,269-$122,963$2,596,548$360,347$2,236,201
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$57,175
Interest
$69
Net gain from sales of assets
$102,483
Other income
$25,037

Expenses

Grants and similar amounts paid
$151,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$151,000
Excise tax on investment income
$1,979

Balance sheet and other

Total assets, start of year
$2,596,548
Total assets, end of year
$2,587,951
Total liabilities, end of year
$360,347
Net assets, end of year
$2,227,604
Fair market value of assets
$2,721,114
Qualifying distributions
$151,000
Net investment income
$184,764

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
HIRSHEL GOODMAN
PO BOX 480752, NILES, IL 60714
DIRECTOR0$0
ROBERT JOSEPH
PO BOX 480752, NILES, IL 60714
DIRECTOR0$0
KAREN GOODMAN
PO BOX 480752, NILES, IL 60714
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
HIRSHEL GOODMAN
PO BOX 480752, NILES, IL 60714
DIRECTOR0$0
ROBERT JOSEPH
PO BOX 480752, NILES, IL 60714
DIRECTOR0$0
KAREN GOODMAN
PO BOX 480752, NILES, IL 60714
DIRECTOR0$0

Address and contacts

Address (IRS master file)
PO BOX 480752, NILES, IL 60714-0752
Signed the 990-PF
ROBERT JOSEPH, DIRECTOR
Phone
(312) 664-5370
Return prepared by
FSB&W LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
36-6082419
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
1945
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,587,951
Income (IRS master file)
$565,177

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$184,764$193,361$2,587,951IRS
990-PFDecember 2023$83,306$206,269$2,596,548XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 36-6082419).

Questions about GALTER FOUNDATION

What is the EIN of GALTER FOUNDATION?
The employer identification number (EIN) of GALTER FOUNDATION is 36-6082419.
Is GALTER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1945.
Are donations to GALTER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GALTER FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of GALTER FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GALTER FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of GALTER FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does GALTER FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $184,764, expenses of $193,361 and total assets of $2,587,951 at year end.

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