Drescher Foundation

New York, NY
Tax-exempt since Oct. 1988
EIN: 54-1257908

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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.

Donations to this organization are tax deductible.

Revenue

$64.8k (2024)

Expenses

$3M (2024)

Total Assets

$2.83M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

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.
2024

Revenue

$64,769

Expenses

$2,997,364

Net Income

-$2,932,595

Net Assets

$2,829,496

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,364	3.6%
Dividends	$72,863	> 100%
Sales of Assets	-$10,482
Other Income	$24	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,952,961	98.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,829,496
Total Liabilities	$0
Net Assets	$2,829,496

Compensation

Key Employees and Officers	Compensation	Other
Irene M Drescher (Assistant Secretary, V.P.)	$0	$0
Jay A Katz (Treasurer, V.P.)	$0	$0
Jared M Drescher (Chairman, V.P., Secretary)	$0	$0

990-PF

Filed on April 23, 2025

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

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XML

Fiscal Year Ending Dec.
2023

Revenue

$45,715

Expenses

$38,830

Net Income

$6,885

Net Assets

$2,978,179

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$803	1.8%
Dividends	$69,983	> 100%
Sales of Assets	-$25,071
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,655	6.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,978,179
Total Liabilities	$0
Net Assets	$2,978,179

Compensation

Key Employees and Officers	Compensation	Other
Irene M Drescher (Assistant Secretary, V.P.)	$0	$0
Jay A Katz (Treasurer, V.P.)	$0	$0
Jared M Drescher (Chairman, V.P., Secretary)	$0	$0

990-PF

Filed on April 18, 2024

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

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Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$71,082

Expenses

$38,675

Net Income

$32,407

Net Assets

$2,971,294

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$9	0.0%
Dividends	$804	1.1%
Sales of Assets	$70,269	98.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,644	9.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,971,294
Total Liabilities	$0
Net Assets	$2,971,294

Compensation

Key Employees and Officers	Compensation	Other
Irene M Drescher (Assistant Secretary, V.P.)	$0	$0
Jay A Katz (Treasurer, V.P.)	$0	$0
Jared M Drescher (Chairman, V.P., Secretary)	$0	$0

990-PF

Filed on June 5, 2023

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

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Schedules ▼

XML

Fiscal Year Ending Dec.
2021

Revenue

$1,457,820

Expenses

$393,145

Net Income

$1,064,675

Net Assets

$2,938,887

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,433,030	98.3%
Interest Revenue	$8	0.0%
Dividends	$63,185	4.3%
Sales of Assets	-$38,403
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$357,543	90.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,938,887
Total Liabilities	$0
Net Assets	$2,938,887

Compensation

Key Employees and Officers	Compensation	Other
Irene M Drescher (Assistant Secretary, V.P.)	$0	$0
Jay A Katz (Treasurer, V.P.)	$0	$0
Jared M Drescher (Chairman, V.P., Secretary)	$0	$0

990-PF

Filed on June 22, 2022

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

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XML

Fiscal Year Ending Dec.
2020

Revenue

$277,894

Expenses

$381,489

Net Income

-$103,595

Net Assets

$2,884,664

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$44	0.0%
Dividends	$58,825	21.2%
Sales of Assets	$219,025	78.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$352,735	92.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,884,665
Total Liabilities	$1
Net Assets	$2,884,664

Compensation

Key Employees and Officers	Compensation	Other
Irene M Drescher (Assistant Secretary, V.P.)	$0	$0
Jay A Katz (Treasurer, V.P.)	$0	$0
Adam S Drescher (President, Assistant Sec.)	$0	$0
Jared M Drescher (Chairman, V.P., Secretary)	$0	$0

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990-PF

Filed on July 9, 2021

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

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$1,082,083

Expenses

$235,745

Net Income

$846,338

Net Assets

$2,923,346

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$930,225	86.0%
Interest Revenue	$352	0.0%
Dividends	$83,559	7.7%
Sales of Assets	$67,947	6.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$210,146	89.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,923,347
Total Liabilities	$1
Net Assets	$2,923,346

Compensation

Key Employees and Officers	Compensation	Other
Irene M Drescher (Assistant Secretary, V.P.)	$0	$0
Jay A Katz (Treasurer, V.P.)	$0	$0
Adam S Drescher (President, Assistant Sec.)	$0	$0
Jared M Drescher (Chairman, V.P., Secretary)	$0	$0

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990-PF

Filed on Aug. 4, 2020

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

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Fiscal Year Ending Dec.
2018

Revenue

$636,351

Expenses

$275,842

Net Income

$360,509

Net Assets

$2,830,181

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$502,290	78.9%
Interest Revenue	$410	0.1%
Dividends	$71,577	11.2%
Sales of Assets	$62,074	9.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$224,446	81.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,830,181
Total Liabilities	$0
Net Assets	$2,830,181

Compensation

Key Employees and Officers	Compensation	Other
Irene M Drescher (Assistant Secretary, V.P.)	$0	$0
Jay A Katz (Treasurer, V.P.)	$0	$0
Adam S Drescher (President, Assistant Sec.)	$0	$0
Jared M Drescher (Chairman, V.P., Secretary)	$0	$0

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990-PF

Filed on Feb. 21, 2019

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

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Fiscal Year Ending Dec.
2017

Revenue

$1,435,756

Expenses

$79,759

Net Income

$1,355,997

Net Assets

$2,758,040

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$582,540	40.6%
Interest Revenue	$301	0.0%
Dividends	$27,122	1.9%
Sales of Assets	$820,121	57.1%
Other Income	$5,672	0.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$69,808	87.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,758,040
Total Liabilities	$0
Net Assets	$2,758,040

Compensation

Key Employees and Officers	Compensation	Other
Irene M Drescher (Assistant Secretary, V.P.)	$0	$0
Jay A Katz (Treasurer, V.P.)	$0	$0
Adam S Drescher (President, Assistant Sec.)	$0	$0
Jared M Drescher (Chairman, V.P., Secretary)	$0	$0

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990-PF

Filed on June 21, 2018

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

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XML

Fiscal Year Ending Dec.
2016

Revenue

$344,365

Expenses

$116,518

Net Income

$227,847

Net Assets

$1,807,531

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$297,760	86.5%
Interest Revenue	$105	0.0%
Dividends	$14,710	4.3%
Sales of Assets	$27,632	8.0%
Other Income	$4,158	1.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$112,218	96.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,807,531
Total Liabilities	$0
Net Assets	$1,807,531

Compensation

Key Employees and Officers	Compensation	Other
Irene M Drescher (Assistant Secretary, V.P.)	$0	$0
Jay A Katz (Treasurer, V.P.)	$0	$0
Adam S Drescher (President, Assistant Sec.)	$0	$0
Jared M Drescher (Chairman, V.P., Secretary)	$0	$0

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990-PF

Filed on May 18, 2017

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

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Fiscal Year Ending Dec.
2015

Revenue

$13,579

Expenses

$176,430

Net Income

-$162,851

Net Assets

$1,739,604

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$177	1.3%
Dividends	$13,238	97.5%
Sales of Assets	-$5,620
Other Income	$5,784	42.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$171,002	96.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,739,604
Total Liabilities	$0
Net Assets	$1,739,604

Compensation

Key Employees and Officers	Compensation	Other
Irene M Drescher (Assistant Secretary, V.P.)	$0	$0
Jay A Katz (Treasurer, V.P.)	$0	$0
Adam S Drescher (President, Assistant Sec.)	$0	$0
Jared M Drescher (Chairman, V.P., Secretary)	$0	$0

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990-PF

Filed on June 27, 2016

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

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Fiscal Year Ending Dec.
2014

Revenue

$184,066

Expenses

$158,029

Net Income

$26,037

Net Assets

$1,902,455

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$368	0.2%
Dividends	$19,322	10.5%
Sales of Assets	$149,541	81.2%
Other Income	$14,835	8.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$157,149	99.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,902,455
Total Liabilities	$0
Net Assets	$1,902,455

Compensation

Key Employees and Officers	Compensation	Other
Irene M Drescher (Assistant Secretary, V.P.)	$0	$0
Jay A Katz (Treasurer, V.P.)	$0	$0
Adam S Drescher (President, Assistant Sec.)	$0	$0
Jared M Drescher (Chairman, V.P., Secretary)	$0	$0

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990-PF

Filed on April 30, 2015

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

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Fiscal Year Ending Dec.
2013

Revenue

$103,237

Expenses

$139,360

Net Income

-$36,123

Net Assets

$1,876,418

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,062	1.0%
Dividends	$31,143	30.2%
Sales of Assets	$70,278	68.1%
Other Income	$754	0.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$132,562	95.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,876,418
Total Liabilities	$0
Net Assets	$1,876,418

Compensation

Key Employees and Officers	Compensation	Other
Irene M Drescher (Assistant Secretary, V.P.)	$0	$0
Jay A Katz (Treasurer, V.P.)	$0	$0
Adam S Drescher (President, Assistant Sec.)	$0	$0
Jared M Drescher (Chairman, V.P., Secretary)	$0	$0

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990-PF

Filed on May 13, 2014

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

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Fiscal Year Ending Dec.
2012

Revenue

$839,257

Expenses

$126,793

Net Income

$712,464

Net Assets

$1,912,540

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$500,000	59.6%
Interest Revenue	$0
Dividends	$30,101	3.6%
Sales of Assets	$309,156	36.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$125,793	99.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,912,541
Total Liabilities	$1
Net Assets	$1,912,540

990-PF

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

-$149,105

Expenses

$142,842

Net Income

-$291,947

Net Assets

$1,200,076

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$25,008
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$142,669	99.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,200,077
Total Liabilities	$1
Net Assets	$1,200,076

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Drescher Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $64.8k (2024)

Expenses $3M (2024)

Total Assets $2.83M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

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

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

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

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$64.8k (2024)

Expenses

$3M (2024)

Total Assets

$2.83M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

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2023

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2022

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2020

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2017

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2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

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2011

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