Nonprofit · EIN 91-2085191
KAREN TOFFLER CHARITABLE TRUST
Also known as GLASSMAN RUSSELL TTEE
Tax-exempt · BOCA RATON, FL 33433
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,746,375 | $1,087,766 | $658,609 | $20,375,190 | $45,516 | $20,329,674 |
| December 31, 2023 | 990-PF | $137,585 | $1,059,128 | -$921,543 | $19,286,898 | $29,000 | $19,257,898 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,197,964
- Interest
- $26
- Net gain from sales of assets
- $527,395
- Other income
- $20,990
Expenses
- Grants and similar amounts paid
- $592,000
- Compensation of officers, directors and key employees
- $162,220
- Disbursements for charitable purposes
- $864,062
- Excise tax on investment income
- $24,800
Balance sheet and other
- Total assets, start of year
- $19,286,898
- Total assets, end of year
- $20,375,190
- Total liabilities, end of year
- $45,516
- Net assets, end of year
- $20,329,674
- Fair market value of assets
- $20,375,190
- Qualifying distributions
- $864,062
- Net investment income
- $1,983,980
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| REBECCA BARTOLI 12121 WILSHIRE BLVD STE 810, LOS ANGELES, CA 90025 | EXECUTIVE DIRECTOR | 40 | $125,435 | $9,285 |
| PETER KATONA 12121 WILSHIRE BLVD STE 810, LOS ANGELES, CA 90025 | TRUSTEE | 10 | $10,000 | $0 |
| RUSSELL GLASSMAN 12121 WILSHIRE BLVD STE 810, LOS ANGELES, CA 90025 | TRUSTEE | 10 | $10,000 | $0 |
| THOMAS JOHNSON 12121 WILSHIRE BLVD STE 810, LOS ANGELES, CA 90025 | TRUSTEE | 10 | $7,500 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| REBECCA BARTOLI 12121 WILSHIRE BLVD STE 810, LOS ANGELES, CA 90025 | EXECUTIVE DIRECTOR | 40 | $118,385 | $9,278 |
| PETER KATONA 12121 WILSHIRE BLVD STE 810, LOS ANGELES, CA 90025 | TRUSTEE | 10 | $10,000 | $0 |
| RUSSELL GLASSMAN 12121 WILSHIRE BLVD STE 810, LOS ANGELES, CA 90025 | TRUSTEE | 10 | $10,000 | $0 |
| THOMAS JOHNSON 12121 WILSHIRE BLVD STE 810, LOS ANGELES, CA 90025 | TRUSTEE | 10 | $7,500 | $0 |
Address and contacts
- Address (IRS master file)
- 21743 ARRIBA REAL, BOCA RATON, FL 33433-3137
- Signed the 990-PF
- RUSSELL GLASSMAN, TRUSTEE
- Phone
- (516) 770-5474
- Website
- TOFFLERTRUST.ORG
- Return prepared by
- GREEN HASSON & JANKS 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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 91-2085191
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $20,375,190
- Income (IRS master file)
- $12,471,427
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,746,375 | $1,087,766 | $20,375,190 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $137,585 | $1,059,128 | $19,286,898 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 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 91-2085191).
Questions about KAREN TOFFLER CHARITABLE TRUST
- What is the EIN of KAREN TOFFLER CHARITABLE TRUST?
- The employer identification number (EIN) of KAREN TOFFLER CHARITABLE TRUST is 91-2085191.
- Is KAREN TOFFLER CHARITABLE TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to KAREN TOFFLER CHARITABLE TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KAREN TOFFLER CHARITABLE TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KAREN TOFFLER CHARITABLE TRUST 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 KAREN TOFFLER CHARITABLE TRUST 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 KAREN TOFFLER CHARITABLE TRUST?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $125,435 (REBECCA BARTOLI, EXECUTIVE DIRECTOR).
- How much revenue does KAREN TOFFLER CHARITABLE TRUST have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,746,375, expenses of $1,087,766 and total assets of $20,375,190 at year end.
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