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EIN 23-2164013

The Presser Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Philadelphia
State
Pennsylvania
Year formed
1938
Most recent tax filings
2024-06-01
NTEE code, primary
T20: Private Foundations
Description
The Presser Foundation's purpose is to award music scholarships and support the advancement of music capital. Last year, the foundation made 342 grants. It is a private nonprofit located in Philadelphia, PA.
Total revenues
$3,698,768
2024
Total expenses
$3,347,350
2024
Total assets
$82,869,734
2024
Num. employees
0
2024

Program areas at The Presser Foundation

Music scholarship awards
Advancement of music
Capital support

Grants made by The Presser Foundation

GranteeGrant descriptionAmount
Philadelphia Orchestra and Ensemble ArtsCapital Support$200,000
Eastern University (EU)Capital Support$100,000
Philadelphia Orchestra and Ensemble ArtsAdvancement of Music$75,000
...and 269 more grants made totalling $2,296,925

Personnel at The Presser Foundation

NameTitle
Chris RinaldiPresident and Chief Executive Officer
Philip LianCreator and Chief Executive Officer Cultural Connections By Design , LLC
Mary Ellen PooleDean
Teresa Araco RodgersExecutive Director
Eric OwensSinger and Director, Vocal Studies
...and 4 more key personnel

Financials for The Presser Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$0
Investment income and dividends$2,090,304
Net rental income$0
Net gain from sale of non-inventory assets$1,608,464
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,698,768

Form 990s for The Presser Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-062025-02-12990PFView PDF
2023-062024-01-25990PFView PDF
2022-062023-01-26990PFView PDF
2022-062023-01-18990PFView PDF
2021-062022-01-20990PFView PDF
...and 10 more Form 990s
Data update history
June 12, 2024
Updated personnel
Identified 5 new personnel
June 6, 2024
Posted financials
Added Form 990PF for fiscal year 2023
June 20, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 16, 2023
Updated personnel
Identified 9 new personnel
June 12, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 9982
Philadelphia, PA 19118
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
presserfoundation.org/ 
Phone
(267) 519-5350
IRS details
EIN
23-2164013
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
1938
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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