Nonprofit · EIN 36-4332515
WILLIAM J GASSER FAMILY FOUNDATION
Tax-exempt · ARLINGTON HTS, IL 60005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $314,100 | $267,896 | $46,204 | $1,651,860 | $0 | $1,651,860 |
| December 31, 2024 | 990-PF | $302,918 | $221,425 | $81,493 | $1,450,553 | $0 | $1,450,553 |
| December 31, 2023 | 990-PF | $271,073 | $254,271 | $16,802 | $1,369,060 | $0 | $1,369,060 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,000
- Dividends
- $37,552
- Interest
- $1,730
- Net gain from sales of assets
- $40,249
- Other income
- $230,569
Expenses
- Grants and similar amounts paid
- $76,403
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $76,403
- Excise tax on investment income
- $2,398
Balance sheet and other
- Total assets, start of year
- $1,450,554
- Total assets, end of year
- $1,651,860
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,651,860
- Fair market value of assets
- $1,641,341
- Qualifying distributions
- $76,403
- Net investment income
- $310,100
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL GASSER 4555 E MAYO BLVD, PHOENIX, AZ 850506952 | OFFICER | 0 | $0 |
| LAUREL A GASSER 11 FOX HUNT TRAIL, HAWTHORN WOODS, IL 600478405 | PRESIDENT | 0 | $0 |
| DANIEL DUNCAN 100 PIERCE ROAD SUITE 100, ITASCA, IL 601431290 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL GASSER 4555 E MAYO BLVD, PHOENIX, AZ 850506952 | OFFICER | 0 | $0 |
| LAUREL A GASSER 11 FOX HUNT TRAIL, HAWTHORN WOODS, IL 600478405 | PRESIDENT | 0 | $0 |
| DANIEL DUNCAN 100 PIERCE ROAD SUITE 100, ITASCA, IL 601431290 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROL GASSER 4555 E MAYO BLVD, PHOENIX, AZ 850506952 | OFFICER | 0 | $0 |
| LAUREL A GASSER 11 FOX HUNT TRAIL, HAWTHORN WOODS, IL 600478405 | PRESIDENT | 0 | $0 |
| DANIEL DUNCAN 100 PIERCE ROAD SUITE 100, ITASCA, IL 601431290 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 527 W ALGONQUIN RD, ARLINGTON HTS, IL 60005-4411
- In care of
- % WILLIAM J GASSER
- Signed the 990-PF
- LAUREL GASSER, TRUSTEE
- Phone
- (847) 956-1100
- Return prepared by
- CDH CPA PLLC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 36-4332515
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,651,860
- Income (IRS master file)
- $314,100
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $314,100 | $267,896 | $1,651,860 | IRS |
| 990-T | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | $302,918 | $221,425 | $1,450,553 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $271,073 | $254,271 | $1,369,060 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 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 36-4332515).
Questions about WILLIAM J GASSER FAMILY FOUNDATION
- What is the EIN of WILLIAM J GASSER FAMILY FOUNDATION?
- The employer identification number (EIN) of WILLIAM J GASSER FAMILY FOUNDATION is 36-4332515.
- Is WILLIAM J GASSER FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to WILLIAM J GASSER FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WILLIAM J GASSER FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WILLIAM J GASSER FAMILY 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 WILLIAM J GASSER FAMILY 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 WILLIAM J GASSER FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does WILLIAM J GASSER FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $314,100, expenses of $267,896 and total assets of $1,651,860 at year end.
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