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Nonprofit · EIN 36-4076867

GAIL G ELLIS FOUNDATION INC

Tax-exempt · BANNOCKBURN, IL 60015

Financials

$956K$930K2023$2.2M$940K2024
Revenue Expenses · by fiscal year end
Financials of GAIL G ELLIS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,156,418$940,069$1,216,349$13,151,148$0$13,151,148
December 31, 2023990-PF$956,065$930,053$26,012$11,936,501$0$11,936,501
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$874,430
Interest
$85,961
Net gain from sales of assets
$778,237
Other income
$417,790

Expenses

Grants and similar amounts paid
$640,910
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$640,910
Excise tax on investment income
$25,826

Balance sheet and other

Total assets, start of year
$11,936,501
Total assets, end of year
$13,151,148
Total liabilities, end of year
$0
Net assets, end of year
$13,151,148
Fair market value of assets
$14,018,371
Qualifying distributions
$640,910
Net investment income
$2,156,418

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
GAIL G ELLIS
1435 CIRCLE DRIVE, SAN MARINO, CA 91108
DIRECTOR0$0
BRIAN C SULLIVAN
15040 ALTATA DRIVE, PACIFIC PALISADES, CA 90272
DIRECTOR0$0
CARRIE E SULLIVAN
1455 CIRCLE DRIVE, SAN MARINO, CA 91108
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
GAIL G ELLIS
1435 CIRCLE DRIVE, SAN MARINO, CA 91108
DIRECTOR0$0
BRIAN C SULLIVAN
15040 ALTATA DRIVE, PACIFIC PALISADES, CA 90272
DIRECTOR0$0
CARRIE E SULLIVAN
1455 CIRCLE DRIVE, SAN MARINO, CA 91108
DIRECTOR0$0

Address and contacts

Address (IRS master file)
2801 LAKESIDE DR FL 3RD, BANNOCKBURN, IL 60015-1275
In care of
% DAVID FRIEDLANDER
Signed the 990-PF
GAIL ELLIS, PRESIDENT
Phone
(847) 374-0400
Return prepared by
FGMK LLC

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
36-4076867
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
1996
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$13,151,148
Income (IRS master file)
$1,378,181

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,156,418$940,069$13,151,148XML
990-TDecember 2024–––IRS
990-PFDecember 2023$956,065$930,053$11,936,501XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 36-4076867).

Questions about GAIL G ELLIS FOUNDATION INC

What is the EIN of GAIL G ELLIS FOUNDATION INC?
The employer identification number (EIN) of GAIL G ELLIS FOUNDATION INC is 36-4076867.
Is GAIL G ELLIS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to GAIL G ELLIS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GAIL G ELLIS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of GAIL G ELLIS FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GAIL G ELLIS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of GAIL G ELLIS FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does GAIL G ELLIS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,156,418, expenses of $940,069 and total assets of $13,151,148 at year end.

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