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Nonprofit · EIN 38-7278393

ALLEN FAM FOUNDATION AC1Q35 TR

Tax-exempt · WOODBRIDGE, NJ 07095

Financials

$587K$699K2023$2.9M$468K2024
Revenue Expenses · by fiscal year end
Financials of ALLEN FAM FOUNDATION AC1Q35 TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,862,410$468,296$2,394,114$16,766,401$0$16,766,401
December 31, 2023990-PF$587,429$698,870-$111,441$14,908,434$0$14,908,434
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,189,446
Dividends
$246,176
Net gain from sales of assets
$425,586
Other income
$1,202

Expenses

Grants and similar amounts paid
$400,011
Compensation of officers, directors and key employees
$15,104
Disbursements for charitable purposes
$407,563
Excise tax on investment income
$25,808

Balance sheet and other

Total assets, start of year
$14,908,434
Total assets, end of year
$16,766,401
Total liabilities, end of year
$0
Net assets, end of year
$16,766,401
Fair market value of assets
$17,795,555
Qualifying distributions
$407,563
Net investment income
$1,901,611

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
BESSEMER TRUST COMPANY
100 WOODBRIDGE CENTER DR, WOODBRIDGE, NJ 07095
CORPORATE TRUSTEE10$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
BESSEMER TRUST COMPANY
100 WOODBRIDGE CENTER DR, WOODBRIDGE, NJ 07095
CORPORATE TRUSTEE10$13,055

Address and contacts

Address (IRS master file)
100 WOODBRIDGE CENTER DRI, WOODBRIDGE, NJ 07095-1162
In care of
% BESSEMER TRUST COMPANY
Signed the 990-PF
JULIA M SETOLA, TRUSTEE
Phone
(516) 508-9623

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
38-7278393
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
2022
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$16,766,401
Income (IRS master file)
$5,401,958

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,862,410$468,296$16,766,401XML
990-TDecember 2024–––IRS
990-PFDecember 2023$587,429$698,870$14,908,434XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––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 38-7278393).

Questions about ALLEN FAM FOUNDATION AC1Q35 TR

What is the EIN of ALLEN FAM FOUNDATION AC1Q35 TR?
The employer identification number (EIN) of ALLEN FAM FOUNDATION AC1Q35 TR is 38-7278393.
Is ALLEN FAM FOUNDATION AC1Q35 TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to ALLEN FAM FOUNDATION AC1Q35 TR tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ALLEN FAM FOUNDATION AC1Q35 TR file?
Form 990-PF. Private foundations file every year.
When is the next return of ALLEN FAM FOUNDATION AC1Q35 TR 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 ALLEN FAM FOUNDATION AC1Q35 TR 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 ALLEN FAM FOUNDATION AC1Q35 TR?
The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does ALLEN FAM FOUNDATION AC1Q35 TR have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,862,410, expenses of $468,296 and total assets of $16,766,401 at year end.

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