Aaron Straus And Lillie Straus Foundation Inc

Baltimore, MD
Tax-exempt since Jan. 1998
EIN: 52-2040073

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$564k (2023)

Expenses

$4.61M (2023)

Total Assets

$74.5M (2023)

Total Liabilities

$201k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$563,997

Expenses

$4,608,246

Net Income

-$4,044,249

Net Assets

$74,303,156

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$638,532	> 100%
Sales of Assets	-$653,246
Other Income	$578,711	> 100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,769,314	81.8%
Compensation of Officers*	$469,207	10.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$74,504,380
Total Liabilities	$201,224
Net Assets	$74,303,156

Compensation

Key Employees and Officers	Compensation	Other
Jan C Rivitz (President/Treasurer)	$469,207	$30,000
Molly Doran (Executive Assistant)	$115,000	$4,500
Dennett Edwards (Operations Officer)	$85,056	$7,500
Susan Leviton (Director)	$0	$0
Terry Underberg (Secretary)	$0	$0
Stephen H Abraham (Director)	$0	$0
Lee E Coplan (Vice President)	$0	$0
Jacob Hodes (Director)	$0	$0
Fagan Harris (Director)	$0	$0

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990-PF

Filed on Nov. 11, 2024

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2022

Revenue

-$3,488,864

Expenses

$4,289,750

Net Income

-$7,778,614

Net Assets

$67,561,160

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$487,740
Sales of Assets	-$932,548
Other Income	-$3,044,056

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,318,577	77.4%
Compensation of Officers*	$423,660	9.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$67,961,949
Total Liabilities	$400,789
Net Assets	$67,561,160

Compensation

Key Employees and Officers	Compensation	Other
Jan C Rivitz (President/Treasurer)	$423,660	$27,000
Anne Wetzler (Controller)	$78,100	$2,400
Molly Doran (Executive Assistant)	$72,222	$0
Susan Leviton (Director)	$0	$0
Terry Underberg (Secretary)	$0	$0
Stephen H Abraham (Director)	$0	$0
Lee E Coplan (Vice President)	$0	$0
Jacob Hodes (Director)	$0	$0
Fagan Harris (Director)	$0	$0

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990-PF

Filed on Nov. 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

$9,991,586

Expenses

$4,493,763

Net Income

$5,497,823

Net Assets

$81,605,063

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,475,171	14.8%
Sales of Assets	$8,440,427	84.5%
Other Income	$75,988	0.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,113,906	69.3%
Compensation of Officers*	$429,789	9.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$82,336,152
Total Liabilities	$731,089
Net Assets	$81,605,063

Compensation

Key Employees and Officers	Compensation	Other
Jan C Rivitz (President/Treasurer)	$429,789	$67,305
Anne Wetzler (Controller)	$86,650	$8,665
Rochel Robbins (Executive Assistant)	$56,240	$5,624
Susan Leviton (Director)	$0	$0
Terry Underberg (Secretary)	$0	$0
Stephen H Abraham (Director)	$0	$0
Lee E Coplan (Vice President)	$0	$0
Jacob Hodes (Director)	$0	$0

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990-PF

Filed on Nov. 15, 2022

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2020

Revenue

$7,163,250

Expenses

$5,501,787

Net Income

$1,661,463

Net Assets

$74,599,545

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,266,632	17.7%
Sales of Assets	$5,352,747	74.7%
Other Income	$543,871	7.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,573,023	83.1%
Compensation of Officers*	$410,822	7.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$75,020,510
Total Liabilities	$420,965
Net Assets	$74,599,545

Compensation

Key Employees and Officers	Compensation	Other
Jan C Rivitz (President/Treasurer)	$410,822	$65,341
Anne B Wetzler (Controller)	$73,000	$7,300
Rochel T Robbins (Executive Assistant)	$54,600	$5,460
Susan Leviton (Director)	$0	$0
Terry Underberg (Secretary)	$0	$0
Stephen H Abraham (Director)	$0	$0
Lee E Coplan (Vice President)	$0	$0
Jacob Hodes (Director)	$0	$0
Samuel Himmelrich Unitl Sept 2020 (Director)	$0	$0

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990-PF

Filed on Nov. 11, 2021

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2019

Revenue

$5,010,656

Expenses

$4,610,960

Net Income

$399,696

Net Assets

$69,541,889

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,650,811	32.9%
Sales of Assets	$3,300,103	65.9%
Other Income	$59,742	1.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,609,453	78.3%
Compensation of Officers*	$391,755	8.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$70,440,737
Total Liabilities	$898,848
Net Assets	$69,541,889

Compensation

Key Employees and Officers	Compensation	Other
Jan C Rivitz (President/Treasurer)	$391,755	$63,979
Anne B Wetzler (Controller)	$75,000	$7,500
Rochel T Robbins (Executive Assistant)	$53,000	$5,300
Susan Leviton (Director)	$0	$0
Terry Underberg (Secretary)	$0	$0
Stephen H Abraham (Director)	$0	$0
Samuel Himmelrich (Director)	$0	$0
Lee E Coplan (Vice President)	$0	$0
Jacob Hodes (Director)	$0	$0

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990-PF

Filed on Nov. 12, 2020

Primary tax return for a private foundation's activities, finances, and governance

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XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2018

Revenue

$7,309,741

Expenses

$4,915,304

Net Income

$2,394,437

Net Assets

$62,138,722

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,391,224	19.0%
Sales of Assets	$5,960,327	81.5%
Other Income	-$41,810

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,440,342	70.0%
Compensation of Officers*	$374,638	7.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$62,966,060
Total Liabilities	$827,338
Net Assets	$62,138,722

Compensation

Key Employees and Officers	Compensation	Other
Jan C Rivitz (President/Treasurer)	$374,638	$62,529
Anne B Wetzler (Controller)	$59,283	$5,928
Rochel T Robbins (Executive Assistant)	$51,000	$5,100
Susan Leviton (Director)	$0	$0
Terry Underberg (Secretary)	$0	$0
Stephen H Abraham (Director)	$0	$0
Samuel Himmelrich (Director)	$0	$0
Lee E Coplan (Vice President)	$0	$0

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990-PF

Filed on Oct. 30, 2019

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2017

Revenue

$5,806,034

Expenses

$4,109,329

Net Income

$1,696,705

Net Assets

$70,711,954

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,524,878	26.3%
Sales of Assets	$4,284,454	73.8%
Other Income	-$3,298

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,576,075	87.0%
Compensation of Officers*	$357,739	8.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$71,071,954
Total Liabilities	$360,000
Net Assets	$70,711,954

Compensation

Key Employees and Officers	Compensation	Other
Jan C Rivitz (President/Treasurer)	$357,739	$58,251
Susan Leviton (Director)	$0	$0
Terry Underberg (Secretary)	$0	$0
Stephen H Abraham (Director)	$0	$0
Samuel Himmelrich (Director)	$0	$0
Lee E Coplan (Vice President)	$0	$0

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990-PF

Filed on Nov. 13, 2018

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2016

Revenue

$867,617

Expenses

$4,178,843

Net Income

-$3,311,226

Net Assets

$64,306,437

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,213,688	> 100%
Sales of Assets	-$276,404
Other Income	-$69,667

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,474,891	83.2%
Compensation of Officers*	$342,132	8.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$64,877,319
Total Liabilities	$570,882
Net Assets	$64,306,437

Compensation

Key Employees and Officers	Compensation	Other
Jan C Rivitz (President/Trea Surer)	$342,132	$61,200
Susan Leviton (Director)	$0	$0
Terry Underberg (Secretary)	$0	$0
Stephen H Abraham (Director)	$0	$0
Samuel Himmelrich (Director)	$0	$0
Lee E Coplan (Vice President)	$0	$0

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990-PF

Filed on Nov. 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2015

Revenue

$5,396,992

Expenses

$4,194,370

Net Income

$1,202,622

Net Assets

$64,168,846

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,459,742	27.0%
Sales of Assets	$4,044,876	74.9%
Other Income	-$107,626

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,695,445	88.1%
Compensation of Officers*	$327,141	7.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$64,672,465
Total Liabilities	$503,619
Net Assets	$64,168,846

Compensation

Key Employees and Officers	Compensation	Other
Jan C Rivitz (President/Treasurer)	$327,141	$66,302
Susan Leviton (Director)	$0	$0
Terry Underberg (Secretary)	$0	$0
Stephen H Abraham (Director)	$0	$0
Samuel Himmelrich (Director)	$0	$0
Lee E Coplan (Vice President)	$0	$0

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990-PF

Filed on Nov. 14, 2016

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2014

Revenue

$5,457,919

Expenses

$4,520,064

Net Income

$937,855

Net Assets

$69,151,101

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,186,187	58.4%
Sales of Assets	$2,373,307	43.5%
Other Income	-$101,575

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,720,430	82.3%
Compensation of Officers*	$311,961	6.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$69,886,293
Total Liabilities	$735,192
Net Assets	$69,151,101

Compensation

Key Employees and Officers	Compensation	Other
Jan C Rivitz (President/Treasurer)	$311,961	$64,609
Susan Leviton (Director)	$0	$0
Terry Underberg (Secretary)	$0	$0
Stephen H Abraham (Director)	$0	$0
Samuel Himmelrich (Director)	$0	$0
Lee E Coplan (Vice President)	$0	$0
Charles Baum (Director)	$0	$0

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990-PF

Filed on Nov. 11, 2015

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2013

Revenue

$6,065,665

Expenses

$4,479,164

Net Income

$1,586,501

Net Assets

$69,969,224

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$2,157,835	35.6%
Sales of Assets	$4,007,489	66.1%
Other Income	-$99,659

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,427,727	76.5%
Compensation of Officers*	$297,926	6.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$70,703,774
Total Liabilities	$734,550
Net Assets	$69,969,224

Compensation

Key Employees and Officers	Compensation	Other
Jan C Rivitz (President/Treasurer)	$297,926	$64,086
Susan Leviton (Director)	$0	$0
Terry Underberg (Secretary)	$0	$0
Stephen H Abraham (Director)	$0	$0
Samuel Himmelrich (Director)	$0	$0
Lee E Coplan (Vice President)	$0	$0
Charles Baum (Director)	$0	$0
Jane Abraham (Lifetime Director Emerita)	$0	$0

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990-PF

Filed on Nov. 14, 2014

Primary tax return for a private foundation's activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2012

Revenue

$3,310,011

Expenses

$2,200,755

Net Income

$1,109,256

Net Assets

$62,961,558

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,731,290	52.3%
Sales of Assets	$1,592,349	48.1%
Other Income	-$13,628

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,217,012	> 100%
Compensation of Officers*	$284,586	12.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$63,409,106
Total Liabilities	$447,548
Net Assets	$62,961,558

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2011

Revenue

$5,110,296

Expenses

$3,339,482

Net Income

$1,770,814

Net Assets

$57,460,500

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$2,658,253	52.0%
Sales of Assets	$2,435,869	47.7%
Other Income	$16,174	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,775,441	83.1%
Compensation of Officers*	$271,858	8.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$59,741,969
Total Liabilities	$2,281,469
Net Assets	$57,460,500

Primary tax return for a private foundation's activities, finances, and governance

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Aaron Straus And Lillie Straus Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $564k (2023)

Expenses $4.61M (2023)

Total Assets $74.5M (2023)

Total Liabilities $201k (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$564k (2023)

Expenses

$4.61M (2023)

Total Assets

$74.5M (2023)

Total Liabilities

$201k (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001