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Nonprofit · EIN 16-1468338

BUSFIELD FOUNDATION

Also known as FEEHAN STEPHEN P TTEE

Tax-exempt · WILMINGTON, DE 19809

Financials

$58K$17K2023$73K$91K2024$96K$98K2025
Revenue Expenses · by fiscal year end
Financials of BUSFIELD FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$95,918$97,522-$1,604$1,068,693$0$1,068,693
December 31, 2024990-PF$73,184$91,037-$17,853$1,070,297$0$1,070,297
December 31, 2023990-PF$57,981$17,345$40,636$1,088,150$0$1,088,150
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$33,321
Interest
$2,595
Net gain from sales of assets
$60,002

Expenses

Grants and similar amounts paid
$71,894
Compensation of officers, directors and key employees
$5,000
Disbursements for charitable purposes
$89,911
Excise tax on investment income
$1,246

Balance sheet and other

Total assets, start of year
$1,070,297
Total assets, end of year
$1,068,693
Total liabilities, end of year
$0
Net assets, end of year
$1,068,693
Fair market value of assets
$1,263,152
Qualifying distributions
$89,911
Net investment income
$95,918

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 / weekCompensation
Stephen P Feehan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Managing Trustee1$5,000
John D Feehan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee, Treas0$0
June Nolan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee0$0
Andrew D Rees
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
Stephen P Feehan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Managing Trustee1$5,000
John D Feehan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee, Treas0$0
June Nolan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee0$0
Andrew D Rees
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
John D Feehan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee, Treas0$0
Stephen P Feehan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Managing Trustee0$0
June Nolan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee0$0
Andrew D Rees
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee0$0

Address and contacts

Address (IRS master file)
FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
In care of
% FOUNDATION SOURCE
Signed the 990-PF
Stephen Feehan, Trustee
Phone
(800) 839-1754
Return prepared by
Foundation Source

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
16-1468338
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
1994
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,068,693
Income (IRS master file)
$234,581

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$95,918$97,522$1,068,693IRS
990-PFDecember 2024$73,184$91,037$1,070,297XML
990-PFDecember 2023$57,981$17,345$1,088,150XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 16-1468338).

Questions about BUSFIELD FOUNDATION

What is the EIN of BUSFIELD FOUNDATION?
The employer identification number (EIN) of BUSFIELD FOUNDATION is 16-1468338.
Is BUSFIELD FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to BUSFIELD FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BUSFIELD FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BUSFIELD 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 BUSFIELD 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 BUSFIELD FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $5,000 (Stephen P Feehan, Managing Trustee).
How much revenue does BUSFIELD FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $95,918, expenses of $97,522 and total assets of $1,068,693 at year end.

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