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Nonprofit · EIN 04-3177775

FOREST FOUNDATION

Also known as FITTS DAVID W TTEE

Tax-exempt · BOXFORD, MA 01921

Financials

$228K$271K2023$246K$305K2024$288K$339K2025
Revenue Expenses · by fiscal year end
Financials of FOREST FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$288,169$339,407-$51,238$1,962,728$0$1,962,728
December 31, 2024990-PF$245,632$304,921-$59,289$2,013,966$0$2,013,966
December 31, 2023990-PF$228,333$271,230-$42,897$2,073,255$0$2,073,255
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$112,663
Net gain from sales of assets
$175,506

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$140,004
Salaries, compensation and benefits (total)
$80,478
Disbursements for charitable purposes
$339,407
Excise tax on investment income
$4,006

Balance sheet and other

Total assets, start of year
$2,013,966
Total assets, end of year
$1,962,728
Total liabilities, end of year
$0
Net assets, end of year
$1,962,728
Fair market value of assets
$3,256,189
Qualifying distributions
$339,407
Net investment income
$288,169

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
David Sullivan
113A Federal St, Salem, MA 01970
Executive Director
Highest-paid employee
40$140,004$23,295
Tiffany Lynch
6425 Verona Rd, Mission Hills, KS 66208
Trustee1$0$0
Elizabeth Alofsin
1191 Wyndham Rd, Middletown, RI 02842
Trustee1$0$0
Sara Parker
180 Main St, Andover, MA 01810
Trustee1$0$0
David W Fitts Exq
One International Place, Boston, MA 02110
Trustee1$0$0
Arthur P Poor Jr
2201 Gulf Shore Blvd, Naples, FL 34102
Trustee1$0$0
Loel A Poor
2201 Gulf Shore Blvd, Naples, FL 34102
Trustee1$0$0
990-PF for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensationOther / benefits
David Sullivan
113A Federal St, Salem, MA 01970
Executive Director
Highest-paid employee
40$103,300$41,377
Tiffany Lynch
6425 Verona Rd, Mission Hills, KS 66208
Trustee1$0$0
Elizabeth Alofsin
1191 Wyndham Rd, Middletown, RI 02842
Trustee1$0$0
Sara Parker
180 Main St, Andover, MA 01810
Trustee1$0$0
David W Fitts Exq
One International Place, Boston, MA 02110
Trustee1$0$0
Arthur P Poor Jr
2201 Gulf Shore Blvd, Naples, FL 34102
Trustee1$0$0
Loel A Poor
2201 Gulf Shore Blvd, Naples, FL 34102
Trustee1$0$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
David R
113A Federal St, Salem, MA 01970
Executive Director
Highest-paid employee
40$96,300$41,289
Tiffany Lynch
6425 Verona Rd, Mission Hills, KS 66208
Trustee1$0$0
Elizabeth Alofsin
1191 Wyndham Rd, Middletown, RI 02842
Trustee1$0$0
Sara P Parker
180 Main St, Andover, MA 01810
Trustee1$0$0
David W Fitts Esq
One International Place, Boston, MA 02110
Trustee1$0$0
Arthur P Poor Jr
2201 Gulf Shore Drive N, Naples, FL 34102
Trustee1$0$0
Loel A Poor
2201 Gulf Shore Drive N, Naples, FL 34102
Trustee1$0$0

Address and contacts

Address (IRS master file)
PO BOX 112, BOXFORD, MA 01921-0112
In care of
% ARTHUR P POOR
Signed the 990-PF
David Sullivan, Executive Director
Phone
(239) 293-9068

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
04-3177775
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1993
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,962,728
Income (IRS master file)
$352,816

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$288,169$339,407$1,962,728XML
990-PFDecember 2024$245,632$304,921$2,013,966XML
990-PFDecember 2023$228,333$271,230$2,073,255XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3177775).

Questions about FOREST FOUNDATION

What is the EIN of FOREST FOUNDATION?
The employer identification number (EIN) of FOREST FOUNDATION is 04-3177775.
Is FOREST FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to FOREST FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FOREST FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of FOREST FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOREST FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of FOREST FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $140,004 (David Sullivan, Executive Director).
How much revenue does FOREST FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $288,169, expenses of $339,407 and total assets of $1,962,728 at year end.

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