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Nonprofit · EIN 87-4102295

BLUE HORIZONS FOUNDATION

Tax-exempt · GORHAM, ME 04038

Financials

$79.2M$1.8M2023$100.8M$6.2M2024
Revenue Expenses · by fiscal year end
Financials of BLUE HORIZONS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$100,814,828$6,203,061$94,611,767$239,700,274$0$239,700,274
December 31, 2023990-PF (amended)$79,229,574$1,760,483$77,469,091$146,166,528$0$146,166,528
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$92,400,000
Dividends
$7,329,064
Interest
$25,868
Net gain from sales of assets
$1,059,896

Expenses

Grants and similar amounts paid
$5,000,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$5,184,881
Excise tax on investment income
$105,844

Balance sheet and other

Total assets, start of year
$146,166,528
Total assets, end of year
$239,700,274
Total liabilities, end of year
$0
Net assets, end of year
$239,700,274
Fair market value of assets
$244,328,510
Qualifying distributions
$5,184,881
Net investment income
$8,414,828

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
JOSHUA BEKENSTEIN
9 MARTIN DR, GORHAM, ME 04038
TRUSTEE1$0
ANITA BEKENSTEIN
9 MARTIN DR, GORHAM, ME 04038
TRUSTEE10$0
KATHLEEN MCDONOUGH
9 MARTIN DR, GORHAM, ME 04038
TRUSTEE3$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JOSHUA BEKENSTEIN
C/O PAUL MCCOY 31 ST JAMES AVE, SUITE 740, BOSTON, MA 02116
TRUSTEE0$0
ANITA BEKENSTEIN
C/O PAUL MCCOY 31 ST JAMES AVE, SUITE 740, BOSTON, MA 02116
TRUSTEE0$0
KATHLEEN MCDONOUGH
C/O PAUL MCCOY 31 ST JAMES AVE, SUITE 740, BOSTON, MA 02116
TRUSTEE0$0

Address and contacts

Address (IRS master file)
9 MARTIN DR, GORHAM, ME 04038-2510
In care of
% KATHLEEN MCDONOUGH
Signed the 990-PF
JOSHUA BEKENSTEIN, TRUSTEE
Phone
(617) 347-0765
Return prepared by
PWC US TAX 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
87-4102295
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)
$239,700,274
Income (IRS master file)
$100,986,021

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$100,814,828$6,203,061$239,700,274XML
990-PFDecember 2023$79,229,574$1,760,483$146,166,528XML
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 87-4102295).

Questions about BLUE HORIZONS FOUNDATION

What is the EIN of BLUE HORIZONS FOUNDATION?
The employer identification number (EIN) of BLUE HORIZONS FOUNDATION is 87-4102295.
Is BLUE HORIZONS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to BLUE HORIZONS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BLUE HORIZONS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BLUE HORIZONS FOUNDATION 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 BLUE HORIZONS FOUNDATION 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 BLUE HORIZONS FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does BLUE HORIZONS FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $100,814,828, expenses of $6,203,061 and total assets of $239,700,274 at year end.

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