Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
THE ADAR FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3 COLUMBUS CIRCLE SUITE 2105
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10019
A Employer identification number

20-6607160
B Telephone number (see instructions)

(212) 696-3410
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$4,066,617
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 3,870,138
2 Check right arrow.............
3 Interest on savings and temporary cash investments 3 3  
4 Dividends and interest from securities... 37,626 37,626  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 205,618
b Gross sales price for all assets on line 6a 2,337,006
7 Capital gain net income (from Part IV, line 2)... 205,618
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,113,385 243,247 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 13,924 1,392 0 12,532
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 3,998 24 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 1,293 0 0 1,293
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 19,215 1,416 0 13,825
25 Contributions, gifts, grants paid....... 4,251,856 4,251,856
26 Total expenses and disbursements. Add lines 24 and 25 4,271,071 1,416 0 4,265,681
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -157,686
b Net investment income (if negative, enter -0-) 241,831
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 141,871 191,559 191,559
2 Savings and temporary cash investments......... 1,574,066 2,744 2,744
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow2,152,621
Less: allowance for doubtful accounts right arrow0 2,152,621 Click to see attachment
List of Attached Documents:
// Content
2,152,621
2,152,621
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment
List of Attached Documents:
// Content
1,702,832
1,715,840
b Investments—corporate stock (attach schedule)....... 138,046 0 0
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,751 Click to see attachment
List of Attached Documents:
// Content
913
2,203
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,650
Click to see attachment
List of Attached Documents:
// Content
1,650
Click to see attachment
List of Attached Documents:
// Content
1,650
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,010,005 4,052,319 4,066,617
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 1,000,000 Click to see attachment
List of Attached Documents:
// Content
1,200,000
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 1,000,000 1,200,000
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 3,010,005 2,852,319
29 Total net assets or fund balances (see instructions)..... 3,010,005 2,852,319
30 Total liabilities and net assets/fund balances (see instructions). 4,010,005 4,052,319
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,010,005
2
Enter amount from Part I, line 27a .....................
2
-157,686
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
2,852,319
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
2,852,319
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a SALE OF PUBLICALY TRADED SECURITIES      
b SALE OF PUBLICALY TRADED SECURITIES      
c 52 SHS YINGLI GREEN ENERGY HOLDING CO. - LIQUIDATION P    
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,993,342   1,993,342 0
b 343,664   135,009 208,655
c     3,037 -3,037
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       0
b       208,655
c       -3,037
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 205,618
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 3,361
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 3,361
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,361
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 2,100
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,100
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 43
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 3,696
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow3,696 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY, MD
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowADAR FOUNDATION Telephone no.right arrow (212) 696-3410

Located atright arrow3 COLUMBUS CIRCLE SUITE 2105NEW YORKNY ZIP+4right arrow10019
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
Yes
 
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
MENACHEM PINCK TRUSTEE, PRESIDENT & VP
5.00
0 0 0
3 COLUMBUS CIRCLE SUITE 2105
NEW YORK,NY10019
MARC INTRATOR TREASURER
0.50
0 0 0
3 COLUMBUS CIRCLE SUITE 2105
NEW YORK,NY10019
LEAH SHOLEM SECRETARY
20.00
0 0 0
3 COLUMBUS CIRCLE SUITE 2105
NEW YORK,NY10019
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
581,292
b
Average of monthly cash balances.......................
1b
1,422,600
c
Fair market value of all other assets (see instructions)................
1c
2,181
d
Total (add lines 1a, b, and c).........................
1d
2,006,073
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
2,006,073
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
30,091
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,975,982
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
98,799
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
98,799
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
3,361
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
3,361
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
95,438
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
95,438
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
95,438
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
4,265,681
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
4,265,681
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2023
(c)
2023
(d)
2024
1 Distributable amount for 2024 from Part X, line 7 95,438
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 2,433,280
b From 2020...... 3,763,769
c From 2021...... 2,943,972
d From 2022...... 4,090,168
e From 2023...... 3,823,456
f Total of lines 3a through e ........ 17,054,645
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 4,265,681
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions).....
0
c Treated as distributions out of corpus (Election
required—see instructions)........
0
d Applied to 2024 distributable amount..... 95,438
e Remaining amount distributed out of corpus 4,170,243
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 21,224,888
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ...
2,433,280
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
18,791,608
10 Analysis of line 9:
a Excess from 2020.... 3,763,769
b Excess from 2021.... 2,943,972
c Excess from 2022.... 4,090,168
d Excess from 2023.... 3,823,456
e Excess from 2024.... 4,170,243
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

ACHIM ETZ CHAIM CENTER

3702 FORDS LN
BALTIMORE,MD21215
NONE PC GENERAL SUPPORT 5,000

AF OF YESHIVAS GEDOLAH MATISYAHU INC

2833 SMITH AVENUE 403
BALTIMORE,MD21209
NONE PC GENERAL SUPPORT 4,460

AF OF KAHILAS KAMENITZ

2122 78TH STREET
BROOKLYN,NY11214
NONE PC GENERAL SUPPORT 29,000

AF OF KIRYAT CHINUCH LABONIM INC

C/O YACOV OELBAUM 42 WEST 39TH
STREET 4TH FLR
NEW YORK,NY10018
NONE PC GENERAL SUPPORT 80,000

AF OF MOSDOS KENESES YESHURUN

268 RIDGE AVE
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 111,000

AGUDAS YISROEL CHARITY FUND

42 BROADWAY 14TH FL
NEW YORK,NY10004
NONE PC GENERAL SUPPORT 5,000

AGUDATH ISRAEL OF BALTIMORE

6202 PARK HEIGHTS AVE
BALTIMORE,MD21215
NONE PC GENERAL SUPPORT 5,000

AHAVAS TZEDOKA VOCHESED

816 FOREST AVE
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 225,000

AHAVAS YISRAEL CHARITY FUND

2705 BARTOL AVE
BALTIMORE,MD21209
NONE PC GENERAL SUPPORT 36,500

AMERICAN FRIEMDS OF YISA BRACHA INC

88 WHISPER CT
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 312,000

AMERICAN FRIENDS OF BEER HATORAH

8630 FENTON ST
SILVER SPRING,MD20910
NONE PC GENERAL SUPPORT 28,000

AMERICAN FRIENDS OF KAHILAS KAMENITZ

2122 78TH STREET
BROOKLYN,NY11214
NONE PC GENERAL SUPPORT 8,000

AMERICAN FRIENDS OF KOLLEL SHAAREI SIMCHA

24 ENGLEBERG TERRACE
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 10,000

AMERICAN FRIENDS OF KOLLEL TORAS ZERAIM

960 46TH ST
BROOKLYN,NY11219
NONE PC GENERAL SUPPORT 5,000

AMERICAN FRIENDS OF NEVEH ZION

C/O DAVID NUSSBAUM 623 BEACH 8TH
STREET
FAR ROCKAWAY,NY11691
NONE PC GENERAL SUPPORT 260,000

BAIS HAKNESSES OF BALTIMORE INC

3120 CLARKS LANE
BALTIMORE,MD21209
NONE PC GENERAL SUPPORT 5,000

BALTIMORE COMMUNITY KOLLEL

3800 LABYRINTH RD
BALTIMORE,MD21215
NONE PC GENERAL SUPPORT 7,000

BINYAN YISROEL INC

7310 WALLIS AVE
BALTIMORE,MD21208
NONE PC GENERAL SUPPORT 50,000

CENTRAL FUND OF ISRAEL

429 CENTRAL AVE
CEDARHURST,NY11516
NONE PC GENERAL SUPPORT 110,000

CHAI LIFELINE INC

151 W 30TH ST THIRD FL
NEW YORK,NY10001
NONE PC GENERAL SUPPORT 2,000

CHASDEI SARA TOYBA INC

337 RIDGE AVENUE
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 5,000

CHAZAK VEMATZ CONGREGATION INC

3407 TANEY RD
BALTIMORE,MD21215
NONE PC GENERAL SUPPORT 122,500

CONG BAIS SHALOM-TZIDKAS SHALOM

11-21 SAGE STREET
FAR ROCKAWAY,NY11691
NONE PC GENERAL SUPPORT 25,000

CONG PRI HOORETZ

5005 16TH AVE
BROOKLYN,NY11204
NONE PC GENERAL SUPPORT 2,500

CONGREGATION AHAVAS TZDOKAH VCHESED INC

1347 42ND ST
BROOKLYN,NY11219
NONE PC GENERAL SUPPORT 35,000

CONGREGATION AISH KODESH

115 SUDBROOK LN STE 200
PIKESVILLE,MD21208
NONE PC GENERAL SUPPORT 5,300

CONGREGATION ANSHEI STERNBERG

2424 AVE L
BROOKLYN,NY11210
NONE PC GENERAL SUPPORT 2,500

CONGREGATION OHAVEI TORAH

139 CAROL ST
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 5,000

CONGREGATION SHAY L YISSOCHOR

12 E STEMMER LN
SUFFERN,NY10901
NONE PC GENERAL SUPPORT 40,000

CONGREGATION TIFERES YAAKOV

6 SHOSHANNA DR LAKEWOOD NJ 08701
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 32,000

CONGREGATION TZEDUKA VUCHESED AMSHINOV

1164 50TH ST
BROOKLYN,NY11219
NONE PC GENERAL SUPPORT 1,000

CONGREGATION ZICHRON MOSHE

9 13TH ST
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 12,000

CONGREGATION ZICHRON REFOEL

309 DEWEY AVE
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 292,000

DAAT TORAH

412 AVENUE O
BROOKLYN,NY11230
NONE PC GENERAL SUPPORT 20,000

EZRAS TORAH TORAH RELIEF SOCIETY

1540 ROUTE 202 SUITE 2
POMONA,NY10970
NONE PC GENERAL SUPPORT 5,000

FRIENDS OF MOSDOS KNESES YESHURUN

268 RIDGE AVE
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 130,000

FRIENDS OF YESHIVAS RASHI

6313 GREEN MEADOW PKWY
BALTIMORE,MD21209
NONE PC GENERAL SUPPORT 20,000

GEMACH CHESSED INC

401 YESHIVA LN
PIKESVILLE,MD21208
NONE PC GENERAL SUPPORT 5,000

HATZALAH OF BALTIMORE

2930 TANEY RD
BALTIMORE,MD21209
NONE PC GENERAL SUPPORT 50,000

JEWISH TEEN ADVANCEMENT PROGRAM

2704 WACO CT
BALTIMORE,MD21209
NONE PC GENERAL SUPPORT 15,000

KEREN HATZEDAKA INC

422 MONMOUTH AVE
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 87,500

KEREN TORAH VACHESED INC

508 AVENUE N
BROOKLYN,NY11230
NONE PC GENERAL SUPPORT 5,000

KOL TORAH OF BALTIMORE INC

2929 FALLSTAFF RD
BALTIMORE,MD21209
NONE PC GENERAL SUPPORT 2,100

KOLLEL D BALTIMORE

5835 PARK HEIGHTS AVE
BALTIMORE,MD21215
NONE PC GENERAL SUPPORT 20,000

KOLLEL INTERNATIONAL INC

212 CENTRAL AVE
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 4,800

KOLLEL OF ELIZABETH CONGREGATION

215 HOWARD AVENUE
ELIZABETH,NJ07208
NONE PC GENERAL SUPPORT 15,000

KOLLEL OHEL LIFSHA INC

240 MILLER RD
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 3,500

KOLLEL VASIKIN VERASHBI

1621 CLIFON AVE
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 12,096

LAHAV (LOVING AND HEALTHY MARRIAGES)

3404 OLYMPIA AVE
BALTIMORE,MD21215
NONE PC GENERAL SUPPORT 2,000

LEV BEREL INC

111 MADISON AVENUE
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 100,000

MACHON BETH MEIR

1339 48TH STREET
BROOKLYN,NY11219
NONE PC GENERAL SUPPORT 10,000

MERKAZ HATZEDAKA CORP

30 HIGH ST
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 3,000

MESIVTA KESSER TORAH OF BALTIMORE INC

8400 PARK HEIGHTS AVE
PIKESVILLE,MD212081716
NONE PC GENERAL SUPPORT 2,500

MESIVTA NEIMUS HATORAH

6104 PARK HEIGHTS AVE
BALTIMORE,MD21215
NONE PC GENERAL SUPPORT 20,000

MESIVTA SHAAREI CHAIM

716 BEACH 9TH ST
FAR ROCKAWAY,NY11691
NONE PC GENERAL SUPPORT 160,000

MESIVTA YESHIVA RABBI CHAIM BERLIN

ATT RABBI FRUCHTLANDER 1585 CONEY
ISLAND AVE
BROOKLYN,NY11230
NONE PC GENERAL SUPPORT 20,000

MESORAH INC

10717 MEADOWHILL ROAD
SILVER SPRING,MD20901
NONE PC GENERAL SUPPORT 17,000

MOSDOT RASHI INC

1243 43RD ST
BROOKLYN,NY11219
NONE PC GENERAL SUPPORT 20,000

NATIONAL SOCIETY FOR HEBREW DAY

620 FOSTER AVE
BROOKLYN,NY11230
NONE PC GENERAL SUPPORT 5,000

NEFESH

1750 E 18TH STREET
BROOKLYN,NY11229
NONE PC GENERAL SUPPORT 40,000

NER ISRAEL RABBINICAL COLLEGE

400 MOUNT WILSON LN
BALTIMORE,MD21208
NONE PC GENERAL SUPPORT 56,700

NETIVOT HACHOCHMA

1612 KING HIGHWAY STE 94
BROOKLYN,NY11229
NONE PC GENERAL SUPPORT 47,000

OWINGS MILLS SYNAGOGUE INC

2905 WALNUT AVE
OWINGS MILLS,MD21117
NONE PC GENERAL SUPPORT 2,500

P E F ISRAEL ENDOWMENT FUNDS INC

317 MADISON AVENUE SUITE 607
NEW YORK,NY10017
NONE PC GENERAL SUPPORT 13,000

PASSAIC HEBREW INSTITUTE

270 PASSAIC AVE
PASSAIC,NJ07055
NONE PC GENERAL SUPPORT 8,900

PROJECT EXTREME

335 CENTRAL AVENUE
LAWRENCE,NY11559
NONE PC GENERAL SUPPORT 20,000

REHOVOT HANAHAR

14 WHALE SQUARE
BROOKLYN,NY11232
NONE PC GENERAL SUPPORT 2,000

SHEARITH ISRAEL CONGREGATION

5835 PARK HEIGHTS AVE
BALTIMORE,MD21215
NONE PC GENERAL SUPPORT 5,000

SHEMIRAS SEDORIM

C/O RABBI SCHOENBLUM 208 WILLIAMS
ST
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 54,000

SURI KOPS KEREN MISHPACHA

72-25 136TH ST
KEW GARDENS HILLS,NY11367
NONE PC GENERAL SUPPORT 500

TASHBAR

3419 OLD COURT RD
PIKESVILLE,MD21208
NONE PC GENERAL SUPPORT 5,000

THE COMMUNITY KOLLEL

ATT RABBI BAMBERGER 3618 LABYRINTH
RD
BALTIMORE,MD21215
NONE PC GENERAL SUPPORT 7,000

TIFERES ACHIM

1442 45TH ST
BROOKLYN,NY11219
NONE PC GENERAL SUPPORT 25,000

TIFERES YAAKOV

6 SHOSHANNA DRIVE
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 8,000

TORAH ORE SEMINARY

3006 AVENUE M STE 1B
BROOKLYN,NY11210
NONE PC GENERAL SUPPORT 25,000

TORAT SIMCHA

40 SOROTZKIN ST
  JERUSALEM94464
IS
NONE PC GENERAL SUPPORT 538,000

UNIVERSITY JEWISH EXPERIENCE

3402 PINKNEY RD
BALTIMORE,MD212153715
NONE PC GENERAL SUPPORT 2,000

YESHIVA BEER SIMCHA

105 KENSINGTON TER
PASSAIC,NJ07055
NONE PC GENERAL SUPPORT 2,500

YESHIVA DOVER TZEDEK

208 WILLIAMS ST
LAKEWOOD,NJ087015008
NONE PC GENERAL SUPPORT 55,000

YESHIVA KARLIN STOLIN

1818 54 STREET
BROOKLYN,NY11204
NONE PC GENERAL SUPPORT 1,200

YESHIVA KESSER TORAH INC

20 MAJESTIC WAY
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 2,000

YESHIVA YAAROS DEVASH INC

7 ABRAHAMS WAY
LAKEWOOD,NJ08701
NONE PC GENERAL SUPPORT 10,000

YESHIVAS TORAS SIMCHA

502 WASHINGTON AVE FL 8
TOWNSON,MD21204
NONE PC GENERAL SUPPORT 199,800

ZICHRON MENACHEM INC

PO BOX 700
MONSEY,NY10952
NONE PC GENERAL SUPPORT 377,500

ZICHRON TZVI ELIMELECH

7504 169TH ST
FRESH MEADOWS,NY11366
NONE PC GENERAL SUPPORT 112,000
Total .................................right arrow 3a 4,251,856
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
    14 3  
4 Dividends and interest from securities ....     14 37,626  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
    18 205,618  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 243,247 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
243,247
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow
PTIN
Firm's name Right Arrow
Firm's EIN Right Arrow
Firm's address Right Arrow


Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE ADAR FOUNDATION
 
Employer identification number

20-6607160
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE ADAR FOUNDATION
 
Employer identification number
20-6607160
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
SHVAT CHARITABLE LEAD TRUST
 
100 WEST LIBERTY STREET 10TH FLOOR
 
RENO, NV89501

$ 3,598,090


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
SIMCHA SHOSHANA PINCK
C/O FDTN 3 COLUMBUS CIRCLE SUITE 21
 
NEW YORK, NY10019

$ 22,048


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
3
LAURIE MENACHEM PINCK
C/O FDTN 3 COLUMBUS CIRCLE SUITE 21
 
NEW YORK, NY10019

$ 250,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE ADAR FOUNDATION
 
Employer identification number

20-6607160
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE ADAR FOUNDATION
 
Employer identification number

20-6607160
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
THE ADAR FOUNDATION
EIN:
20-6607160
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EISNERAMPER LLP 13,924 1,392 0 12,532

TY 2024 GeneralExplanationAttachment
Name:
THE ADAR FOUNDATION
EIN:
20-6607160
Identifier Return Reference Explanation
EXPENDITURE RESPONSIBILITY FORM 990PF, PART VII-B, LINE 5C TO SATISFY THE REPORTING REQUIREMENTS OF IRC SECTION 4945(H)(3) AND REGULATIONS SECTION 53.4945-5(D), THE FOLLOWING INFORMATION IS PROVIDED WITH RESPECT TO EACH GRANT THAT IS SUBJECT TO THE EXPENDITURE RESPONSIBILITY REQUIREMENTS OF SECTION 4945(H)..GRANTEE: OHAVEI TORAH4 WASHINGTON STJERUSALEM, ISRAEL 9418704.DATE OF GRANT: JANUARY 3, 2020AMOUNT OF GRANT: $2,142,621.PURPOSE OF GRANT: PROGRAM RELATED LOAN TO SUPPORT AND PROMOTE TORAH EDUCATION IN ISRAEL.AMOUNTS EXPENDED: THE LOAN FUNDS PRINCIPAL AND ANY EARNED INCOME WAS DEVOTED EXCLUSIVELY TO OHAVEI TORAH'S EDUCATIONAL AND CHARITABLE PROGRAMS. AS OF DECEMBER 31, 2024, $2,142,621 OF THE LOAN PROCEEDS HAVE BEEN EXPENDED. .DIVERSION OF FUNDS: THE GRANTEE HAS REPORTED THAT IT HAS NOT DIVERTED ANY PORTION OF THE GRANT FROM THE AFOREMENTIONED PURPOSE AND IT IS IN COMPLIANCE WITH THE TERMS OF THE GRANT..RESULTS OF VERIFICATION: THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE..DATES OF REPORTS:2020 ANNUAL REPORT RECEIVED NOVEMBER 14, 20212021 ANNUAL REPORT RECEIVED NOVEMBER 10, 20222022 ANNUAL REPORT RECEIVED NOVEMBER 2, 20232023 ANNUAL REPORT RECEIVED OCTOBER 15, 20242024 ANNUAL REPORT RECEIVED OCTOBER 26, 2025

TY 2024 InvestmentsGovtObligationsSch
Name:
THE ADAR FOUNDATION
EIN:
20-6607160
US Government Securities - End of Year Book Value:

1,702,832
US Government Securities - End of Year Fair Market Value:

1,715,840
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsOtherSchedule2
Name:
THE ADAR FOUNDATION
EIN:
20-6607160
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
MANDALOR CASH MANAGEMENT LLC AT COST 913 2,203

TY 2024 LoansFromOfficersSchedule
Name:
THE ADAR FOUNDATION
EIN:
20-6607160

Item No. 1
Lender's Name LAURIE AND MENACHEM PINCK
Lender's Title  
Original Amount of Loan 1000000
Balance Due 1000000
Date of Note 2020-01
Maturity Date  
Repayment Terms DUE ON DEMAND
Interest Rate 0.000000000000
Security Provided by Borrower  
Purpose of Loan TO FUND THE FOUNDATION'S CHARITABLE ACTIVITIES
Description of Lender Consideration  
Consideration FMV  

Item No. 2
Lender's Name LAURIE AND MENACHEM PINCK
Lender's Title  
Original Amount of Loan 200000
Balance Due 200000
Date of Note 2024-06
Maturity Date  
Repayment Terms DUE ON DEMAND
Interest Rate 0.000000000000
Security Provided by Borrower  
Purpose of Loan TO FUND THE FOUNDATION'S CHARITABLE ACTIVITIES
Description of Lender Consideration  
Consideration FMV  


TY 2024 OtherAssetsSchedule
Name:
THE ADAR FOUNDATION
EIN:
20-6607160
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SECURITY DEPOSIT 1,650 1,650 1,650


TY 2024 OtherExpensesSchedule
Name:
THE ADAR FOUNDATION
EIN:
20-6607160
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
NGO SOURCE FEES 950 0 0 950
NYS FILING FEES 250 0 0 250
BANK CHARGES 93 0 0 93


Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 OtherNotesLoansRcvblLongSch
Name:
THE ADAR FOUNDATION
EIN:
20-6607160

Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
YESHIVA ATERES SHMUEL OF WATERBURY NONE 10,000 10,000 2013-06   DUE ON DEMAND 0 %   CHARITABLE LOAN TO PUBLIC CHARITY   0
OHAVEI TORAH NONE 2,142,621 2,142,621 2020-01   REPAID WITHIN 20 YEARS 0 %   PROGRAM RELATED LOAN, SEE EXPENDITURE RESPONSIBILITY STATEMENT   0

TY 2024 TaxesSchedule
Name:
THE ADAR FOUNDATION
EIN:
20-6607160
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX & FEES 24 24 0 0
FEDERAL TAXES 3,974 0 0 0