Nonprofit · EIN 45-5393468
BANYAN GATE FOUNDATION
Tax-exempt · PALM BEACH, FL 33480
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $2,252,745 | $374,148 | $1,878,597 | $46,589,527 | $0 | $46,589,527 |
| December 31, 2024 | 990-PF | $3,750,257 | $146,028 | $3,604,229 | $44,710,930 | $0 | $44,710,930 |
| December 31, 2023 | 990-PF | $1,562,236 | $161,618 | $1,400,618 | $41,106,701 | $0 | $41,106,701 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $1,346,836
- Net gain from sales of assets
- $767,197
- Other income
- $138,712
Expenses
- Grants and similar amounts paid
- $100,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $116,700
- Excise tax on investment income
- $28,852
Balance sheet and other
- Total assets, start of year
- $44,710,930
- Total assets, end of year
- $46,589,527
- Total liabilities, end of year
- $0
- Net assets, end of year
- $46,589,527
- Fair market value of assets
- $58,656,858
- Qualifying distributions
- $116,700
- Net investment income
- $2,252,745
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 |
|---|---|---|---|
| MICHAEL J BARRY 930 SOUTH OCEAN BLVD, PALM BEACH, FL 33480 | PRESIDENT | 1 | $0 |
| AMY B BARRY 930 SOUTH OCEAN BLVD, PALM BEACH, FL 33480 | VICE PRESIDENT/SECRETARY | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL J BARRY 3065 FORT CHARLES DRIVE, NAPLES, FL 34012 | PRESIDENT | 1 | $0 |
| AMY B BARRY 3065 FORT CHARLES DRIVE, NAPLES, FL 34012 | VICE PRESIDENT/SECRETARY | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL J BARRY 3065 FORT CHARLES DRIVE, NAPLES, FL 34012 | PRESIDENT | 1 | $0 |
| AMY B BARRY 3065 FORT CHARLES DRIVE, NAPLES, FL 34012 | VICE PRESIDENT/SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 930 S OCEAN BLVD, PALM BEACH, FL 33480-4909
- In care of
- % MICHAEL J BARRY
- Signed the 990-PF
- MICHAEL J BARRY, PRESIDENT
- Phone
- (239) 331-8488
- Return prepared by
- FAIR ISLE ADVISORS
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
- 45-5393468
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $46,589,527
- Income (IRS master file)
- $6,684,006
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $2,252,745 | $374,148 | $46,589,527 | IRS |
| 990-PF | December 2024 | $3,750,257 | $146,028 | $44,710,930 | IRS |
| 990-PF | December 2023 | $1,562,236 | $161,618 | $41,106,701 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 45-5393468).
Questions about BANYAN GATE FOUNDATION
- What is the EIN of BANYAN GATE FOUNDATION?
- The employer identification number (EIN) of BANYAN GATE FOUNDATION is 45-5393468.
- Is BANYAN GATE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to BANYAN GATE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BANYAN GATE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BANYAN GATE 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 BANYAN GATE 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 BANYAN GATE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does BANYAN GATE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,252,745, expenses of $374,148 and total assets of $46,589,527 at year end.
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