Adelson Family Foundation
- Assets
- $522.1k
- Revenue
- $116.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Needham, MA
- Founding
- 02/2010
- Data as of
- 12/2019
- EIN
- 04-7024330
Organization Overview
Adelson Family Foundation is located in Needham, MA. The organization was established in 2010. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
Since 2019, Adelson Family Foundation has awarded 85 individual grants totaling $116,651,668. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheldon G Adelson Trustee | 1 | $0 | |
Michael Bohnen President | 30 | $0 | |
Dr Miriam Adelson Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Adelson Medical Research Foundation | 12/30/19 | $51,491 |
Interface Operations Llc | 12/30/19 | $475,110 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $116,767,506 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $116,767,506 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $1,331 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $22,047 |
| Printing and publications | $0 |
| Other expenses | $568,911 |
| Total operating and administrative expenses | $672,479 |
| Contributions, gifts, grants paid | $116,651,668 |
| Total expenses and disbursements | $117,324,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $518,189 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,919 |
| Other assets | $0 |
| Total assets | $522,108 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Adelson Family Foundation has awarded $116,651,668 in support to 85 organizations.
| Grant Recipient | Amount |
|---|---|
BIRTHRIGHT ISRAEL FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSES | $34,000,000 |
MACCABEE TASK FORCE FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSES | $15,336,449 |
ISRAELI AMERICAN COUNCIL PURPOSE: GENERAL CHARITABLE PURPOSES | $12,000,000 |
FRIENDS OF ISRAEL DEFENSE FORCES PURPOSE: GENERAL CHARITABLE PURPOSES | $9,216,800 |
ADELSON EDUCATIONAL INSTITUTE PURPOSE: GENERAL CHARITABLE PURPOSES | $6,606,487 |
New York, NY PURPOSE: GENERAL CHARITABLE PURPOSES | $5,300,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Adelson Family Foundation has recieved totaling $116,292,396.
| Awarding Organization | Amount |
|---|---|
Dr Miriam And Sheldon G Adelson Las Vegas, NV PURPOSE: GENERAL CHARITABLE PURPOSES | $116,292,396 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Simons Foundation Inc New York, NY | $4,015,531,241 | $523,660,840 |
Faculty Practice Foundation Inc Boston, MA | $86,602,730 | $418,419,019 |
Rockefeller Foundation New York, NY | $4,929,907,452 | $337,487,726 |
Jp Morgan Chase Foundation New York, NY | $302,020,428 | $256,877,839 |
Blavatnik Family Foundation New York, NY | $174,076,094 | $21,540,793 |
Adelson Family Foundation Needham, MA | $522,108 | $116,767,506 |
Druckenmiller Foundation New York, NY | $1,273,919,839 | $136,579,901 |
Doris Duke Charitable Foundation Inc New York, NY | $1,930,470,080 | $113,349,408 |
Klarman Family Foundation Boston, MA | $688,091,719 | $95,381,386 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,301,695,078 | $41,033,339 |
Zoom Foundation Greenwich, CT | $0 | $173,014,876 |
The Morningside Foundation Newton Centre, MA | $36,165,780 | $65,263,834 |