Nonprofit · EIN 91-1663838
ISLANDS FOUNDATION
Also known as ISLANDS FUND
Tax-exempt · BOISE, ID 83716
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $32,427,412 | $18,480,803 | $13,946,609 | $241,769,850 | $0 | $241,769,850 |
| December 31, 2023 | 990-PF | $18,804,847 | $15,982,926 | $2,821,921 | $227,823,241 | $0 | $227,823,241 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $7,668,639
- Net gain from sales of assets
- $24,736,486
- Other income
- $22,287
Expenses
- Grants and similar amounts paid
- $16,231,597
- Compensation of officers, directors and key employees
- $60,000
- Disbursements for charitable purposes
- $16,463,416
- Excise tax on investment income
- $429,136
Balance sheet and other
- Total assets, start of year
- $227,823,241
- Total assets, end of year
- $241,769,850
- Total liabilities, end of year
- $0
- Net assets, end of year
- $241,769,850
- Fair market value of assets
- $350,263,185
- Qualifying distributions
- $16,463,416
- Net investment income
- $32,371,521
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES FLAGGERT 6568 S FEDERAL WAY PMB 104, BOISE, ID 83716 | DIRECTOR | 3 | $60,000 |
| RICK S WERNER 6568 S FEDERAL WAY PMB 104, BOISE, ID 83716 | DIRECTOR | 2 | $0 |
| GEORGE G GULICK 6568 S FEDERAL WAY PMB 104, BOISE, ID 83716 | DIRECTOR | 2 | $0 |
| E LEEDS GULICK 6568 S FEDERAL WAY PMB 104, BOISE, ID 83716 | DIRECTOR | 2 | $0 |
| LYDIA GULICK 6568 S FEDERAL WAY PMB 104, BOISE, ID 83716 | DIRECTOR | 2 | $0 |
| SHELBY LUCE 6568 S FEDERAL WAY PMB 104, BOISE, ID 83716 | DIRECTOR | 2 | $0 |
| GRAEME GULICK 6568 S FEDERAL WAY PMB 104, BOISE, ID 83716 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES FLAGGERT 3019 DUPORTAIL ST 240, RICHLAND, WA 99352 | DIRECTOR | 3 | $60,000 |
| RICK S WERNER 3019 DUPORTAIL ST 240, RICHLAND, WA 99352 | DIRECTOR | 2 | $0 |
| GEORGE G GULICK 3019 DUPORTAIL ST 240, RICHLAND, WA 99352 | DIRECTOR | 2 | $0 |
| E LEEDS GULICK 3019 DUPORTAIL ST 240, RICHLAND, WA 99352 | DIRECTOR | 2 | $0 |
| LYDIA GULICK 3019 DUPORTAIL ST 240, RICHLAND, WA 99352 | DIRECTOR | 2 | $0 |
| SHELBY LUCE 3019 DUPORTAIL ST 240, RICHLAND, WA 99352 | DIRECTOR | 2 | $0 |
| SARAH R WERNER RESIGNED 3019 DUPORTAIL ST 240, RICHLAND, WA 99352 | DIRECTOR | 2 | $0 |
| GRAEME GULICK 3019 DUPORTAIL ST 240, RICHLAND, WA 99352 | DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 6568 S FEDERAL WAY PMB 104, BOISE, ID 83716-9277
- In care of
- % JOHN MUNN
- Signed the 990-PF
- JOHN MUNN, DIRECTOR
- Phone
- (206) 931-6604
- Return prepared by
- EIDE BAILLY 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not 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
- 91-1663838
- 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
- 1995
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $241,769,850
- Income (IRS master file)
- $110,354,089
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $32,427,412 | $18,480,803 | $241,769,850 | XML |
| 990-PF | December 2023 | $18,804,847 | $15,982,926 | $227,823,241 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 91-1663838).
Questions about ISLANDS FOUNDATION
- What is the EIN of ISLANDS FOUNDATION?
- The employer identification number (EIN) of ISLANDS FOUNDATION is 91-1663838.
- Is ISLANDS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to ISLANDS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ISLANDS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ISLANDS 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 ISLANDS 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 ISLANDS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $60,000 (JAMES FLAGGERT, DIRECTOR).
- How much revenue does ISLANDS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $32,427,412, expenses of $18,480,803 and total assets of $241,769,850 at year end.
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All nonprofits in BOISE · Idaho · Philanthropy, voluntarism and grantmaking foundations