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David Adelman

PennsylvaniaReal Estate

AIProfile Summary

David Adelman (born 1972) is a U.S.-based real estate figure from Pennsylvania with an estimated net worth of ~$2.3B. SEC records show he is an insider filer under the name “Adelman David J.” with 135 insider filings on EDGAR. His reported political giving from mid-2023 through 2025 totals $78,971.36 across 100 contributions. RTB SEC EDGAR FEC

Business & SEC Activity

SEC EDGAR lists Adelman as an insider filer associated with issuers including FS Credit Income Fund (FCREX), Delta Air Lines (DAL), Wheels Up Experience Inc., AIB Acquisition Corp, and FS Investment Corp IV. His recent filings include Forms 3 and 4 in 2023–2024; Form 3 is an initial statement of beneficial ownership, and Form 4 reports changes in insider ownership such as purchases, sales, or grants. The dataset shows 135 insider filings total and 333 EDGAR search hits tied to his name. SEC EDGAR

Philanthropy

ProPublica 990 data lists three entities named “Adelman Family Foundation” (TX, VA, NH), with the VA foundation reporting tax year 2023 assets of $407,972, revenue of $18,312, and expenses of $27,482. Across the listed foundations, total grants paid are reported as $0, including $0 grants paid by the VA foundation in 2023. Total foundation assets reported across the dataset are $407,972. ProPublica 990

Political Activity

FEC data shows 100 contributions totaling $78,971.36 from 2023-06-21 to 2025-12-31. The party breakdown is $41,580.66 to Democratic recipients, $4,550 to Republican recipients, and $32,840.70 categorized as Unknown. Top recipients include The Real Estate Roundtable Political Action Committee (REALPAC) ($12,500), Torres for Congress ($10,100), Team McCormick ($10,000), DCCC ($6,600), and Friends of Sherrod Brown ($6,600). FEC

AI-generated summary from fec, rtb, sec_edgar, propublica_990 3/10/2026 (gpt-5.2). All claims are derived from the source data shown below.

USU.S. Presence

residenceHaverford, Pennsylvania

990Philanthropy

$408KFoundation Assets
$28KGrants Paid
3Foundations
Adelman Family FoundationSan Antonio, TX
Private grantmaking foundation (IRS NTEE T20)
Assets: $0Revenue: $0Grants: $0
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Adelman Family FoundationFree Union, VA
Private grantmaking foundation (IRS NTEE T20Z)
Assets: $408KRevenue: $18KGrants: $28KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Adelman Family FoundationManchester, NH
Private independent foundation (IRS NTEE T22)
Assets: $0Revenue: $0Grants: $0
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$79KTotal Contributed
100Contributions
2023–2025Date Range

By Party

DEM
$42K
Unknown
$33K
REP
$5K

Top Recipients

THE REAL ESTATE ROUNDTABLE POLITICAL ACTION COMMITTEE (REALPAC)$13K
TORRES FOR CONGRESS$10K
TEAM MCCORMICK$10K
DCCC$7K
FRIENDS OF SHERROD BROWN$7K
Source: FEC contribution filings · latest on record (retrieved 3/10/2026) (fec)

SECSEC Filings

135Total Filings
135Insider Filings
345EDGAR Mentions
0001438262Personal CIK

Associated Companies

Entities appearing alongside this person in SEC full-text search — an association, not necessarily ownership or control. Follow each link to the primary SEC record to judge for yourself.

Recent Insider Filings

4OWNERSHIP DOCUMENT
6/7/2024
4OWNERSHIP DOCUMENT
3/26/2024
33
3/15/2024
44
3/14/2024
4OWNERSHIP DOCUMENT
2/28/2024
4OWNERSHIP DOCUMENT
1/24/2024
4OWNERSHIP DOCUMENT
7/5/2023
4OWNERSHIP DOCUMENT
6/12/2023
4OWNERSHIP DOCUMENT
6/9/2023
4OWNERSHIP DOCUMENT
6/8/2023
Source: SEC EDGAR regulatory filings · latest on record (retrieved 6/27/2026) (sec_derived)

PBSScore Breakdown

D
22.2
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
1%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
63%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source.

David Adelman — Public Benefit Score D (22) | Billionaire Army