Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 94-3059858

GALASHIELS FUND LTD

Tax-exempt · SARASOTA, FL 34236

Financials

$15.3M$20M2023$21.1M$18.5M2024
Revenue Expenses · by fiscal year end
Financials of GALASHIELS FUND LTD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$21,114,933$18,483,634$2,631,299$150,611,966$0$150,611,966
December 31, 2023990-PF$15,265,037$20,037,537-$4,772,500$146,794,859$0$146,794,859
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,000,000
Dividends
$2,664,061
Interest
$834,427
Net gain from sales of assets
$12,662,591
Other income
$2,953,854

Expenses

Grants and similar amounts paid
$15,090,250
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$15,147,430
Excise tax on investment income
$246,521

Balance sheet and other

Total assets, start of year
$146,794,859
Total assets, end of year
$150,611,966
Total liabilities, end of year
$0
Net assets, end of year
$150,611,966
Fair market value of assets
$239,549,788
Qualifying distributions
$15,147,430
Net investment income
$20,601,895

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
DAVID T BRADFORD
1990 MAIN ST SUITE 750, SARASOTA, FL 34236
SECRETARY/DIRECTOR1$0
ANDREA K MAYES
1990 MAIN ST SUITE 750, SARASOTA, FL 34236
ASSISTANT TREASURER1$0
BETSY P COLBURN
1990 MAIN ST SUITE 750, SARASOTA, FL 34236
VICE PRESIDENT/DIRECTOR1$0
KEITH W COLBURN
1990 MAIN ST SUITE 750, SARASOTA, FL 34236
PRES/TREASURER/DIRECTOR1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
DAVID T BRADFORD
1990 MAIN ST SUITE 750, SARASOTA, FL 34236
SECRETARY/DIRECTOR1$0
ANDREA K MAYES
1990 MAIN ST SUITE 750, SARASOTA, FL 34236
ASSISTANT TREASURER1$0
BETSY P COLBURN
1990 MAIN ST SUITE 750, SARASOTA, FL 34236
VICE PRESIDENT/DIRECTOR1$0
KEITH W COLBURN
1990 MAIN ST SUITE 750, SARASOTA, FL 34236
PRES/TREASURER/DIRECTOR1$0

Address and contacts

Address (IRS master file)
1990 MAIN ST STE 750, SARASOTA, FL 34236-8000
In care of
% KEITH W COLBURN
Signed the 990-PF
KEITH W COLBURN, PRESIDENT
Phone
(847) 480-4690
Return prepared by
GRANT THORNTON ADVISORS LLC

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
94-3059858
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
1988
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$150,611,966
Income (IRS master file)
$26,450,199

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$21,114,933$18,483,634$150,611,966XML
990-TDecember 2024–––IRS
990-PFDecember 2023$15,265,037$20,037,537$146,794,859XML
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 94-3059858).

Questions about GALASHIELS FUND LTD

What is the EIN of GALASHIELS FUND LTD?
The employer identification number (EIN) of GALASHIELS FUND LTD is 94-3059858.
Is GALASHIELS FUND LTD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to GALASHIELS FUND LTD tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GALASHIELS FUND LTD file?
Form 990-PF. Private foundations file every year.
When is the next return of GALASHIELS FUND LTD 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 GALASHIELS FUND LTD 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 GALASHIELS FUND LTD?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does GALASHIELS FUND LTD have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $21,114,933, expenses of $18,483,634 and total assets of $150,611,966 at year end.

Other nonprofits in SARASOTA

All nonprofits in SARASOTA · Florida