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Nonprofit · EIN 59-2667398

THE CELIA L AND VICTOR W FARRIS FOUNDATION INC

Tax-exempt · BOSTON, MA 02109

Financials

$1.7M$5.7M2023$5.8M$5.2M2024
Revenue Expenses · by fiscal year end
Financials of THE CELIA L AND VICTOR W FARRIS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$5,753,563$5,172,627$580,936$80,770,626$13,980$80,756,646
December 31, 2023990-PF$1,714,117$5,703,913-$3,989,796$79,274,702$0$79,274,702
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,931,808
Net gain from sales of assets
$2,962,470
Other income
$859,285

Expenses

Grants and similar amounts paid
$4,397,000
Compensation of officers, directors and key employees
$135,000
Disbursements for charitable purposes
$4,667,132
Excise tax on investment income
$71,272

Balance sheet and other

Total assets, start of year
$79,274,702
Total assets, end of year
$80,770,626
Total liabilities, end of year
$13,980
Net assets, end of year
$80,756,646
Fair market value of assets
$96,462,640
Qualifying distributions
$4,667,132
Net investment income
$5,636,736

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
BRENT G HAGEY II
2 LIBERTY SQUARE SUITE 500, BOSTON, MA 02109
PRESIDENT10$95,000
MARIAN FARRIS
2 LIBERTY SQUARE SUITE 500, BOSTON, MA 02109
VICE PRESIDENT1$20,000
JAMIE RETTERER
2 LIBERTY SQUARE SUITE 500, BOSTON, MA 02109
SECRETARY1$20,000
CECILE VICTORIA FARRIS
2 LIBERTY SQUARE SUITE 500, BOSTON, MA 02109
VICE PRESIDENT1$0
ANDREW FARRIS
2 LIBERTY SQUARE SUITE 500, BOSTON, MA 02109
TREASURER2$0
SUKYIN AGNES FARRIS
2 LIBERTY SQUARE SUITE 500, BOSTON, MA 02109
NON-VOTING TRUSTEE1$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
BRENT G HAGEY II
2 LIBERTY SQUARE SUITE 500, BOSTON, MA 02109
PRESIDENT10$95,000
MARIAN FARRIS
2 LIBERTY SQUARE SUITE 500, BOSTON, MA 02109
VICE PRESIDENT1$20,000
JAMIE RETTERER
2 LIBERTY SQUARE SUITE 500, BOSTON, MA 02109
SECRETARY1$20,000
CECILE VICTORIA FARRIS
2 LIBERTY SQUARE SUITE 500, BOSTON, MA 02109
VICE PRESIDENT1$0
ANDREW FARRIS
2 LIBERTY SQUARE SUITE 500, BOSTON, MA 02109
TREASURER2$0
SUKYIN AGNES FARRIS
2 LIBERTY SQUARE SUITE 500, BOSTON, MA 02109
NON-VOTING TRUSTEE1$0

Address and contacts

Address (IRS master file)
2 LIBERTY SQ STE 500, BOSTON, MA 02109-4884
Signed the 990-PF
BRENT G HAGEY II, PRESIDENT
Phone
(561) 841-6360
Return prepared by
TEMPLETON & COMPANY LLP

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
59-2667398
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
1986
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$80,770,626
Income (IRS master file)
$22,999,522

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$5,753,563$5,172,627$80,770,626XML
990-TDecember 2024–––IRS
990-PFDecember 2023$1,714,117$5,703,913$79,274,702XML
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-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 59-2667398).

Questions about THE CELIA L AND VICTOR W FARRIS FOUNDATION INC

What is the EIN of THE CELIA L AND VICTOR W FARRIS FOUNDATION INC?
The employer identification number (EIN) of THE CELIA L AND VICTOR W FARRIS FOUNDATION INC is 59-2667398.
Is THE CELIA L AND VICTOR W FARRIS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to THE CELIA L AND VICTOR W FARRIS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE CELIA L AND VICTOR W FARRIS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THE CELIA L AND VICTOR W FARRIS 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 THE CELIA L AND VICTOR W FARRIS 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 THE CELIA L AND VICTOR W FARRIS FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 6 people; 3 received compensation from the organization, the highest $95,000 (BRENT G HAGEY II, PRESIDENT).
How much revenue does THE CELIA L AND VICTOR W FARRIS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,753,563, expenses of $5,172,627 and total assets of $80,770,626 at year end.

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