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Nonprofit · EIN 01-0713216

BSG FAMILY FOUNDATION

Also known as GLASSMAN BERNARD & SYLVIA TTEES

Tax-exempt · ANNAPOLIS, MD 21401

Financials

$76K$46K2023$70K$54K2024$83K$59K2025
Revenue Expenses · by fiscal year end
Financials of BSG FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$82,511$58,858$23,653$859,129$0$859,129
December 31, 2024990-PF$70,008$54,263$15,745$833,898$0$833,898
December 31, 2023990-PF$76,043$45,581$30,462$814,727$0$814,727
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$70,506
Net gain from sales of assets
$12,005

Expenses

Grants and similar amounts paid
$44,300
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$51,031
Excise tax on investment income
$1,038

Balance sheet and other

Total assets, start of year
$833,898
Total assets, end of year
$859,129
Total liabilities, end of year
$0
Net assets, end of year
$859,129
Fair market value of assets
$1,019,110
Qualifying distributions
$51,031
Net investment income
$82,511

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.

NameTitleHours / weekCompensation
TODD GLASSMAN
100 MONTICELLO AVE, ANNAPOLIS, MD 20401
TRUSTEE5$0
LYNN M HOCHBERG
1705 TRIUMPHE WAY, WARRINGTON, PA 18976
TRUSTEE1$0
HARA B SALKOWITZ
2409 FAIRWAY TERRACE, WARRINGTON, PA 18976
TRUSTEE1$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
TODD GLASSMAN
100 MONTICELLO AVE, ANNAPOLIS, MD 20401
TRUSTEE5$0
LYNN M HOCHBERG
1705 TRIUMPHE WAY, WARRINGTON, PA 18976
TRUSTEE1$0
HARA B SALKOWITZ
2409 FAIRWAY TERRACE, WARRINGTON, PA 18976
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
TODD GLASSMAN
100 MONTICELLO AVE, ANNAPOLIS, MD 20401
TRUSTEE5$0
LYNN M HOCHBERG
1705 TRIUMPHE WAY, WARRINGTON, PA 18976
TRUSTEE1$0
HARA B SALKOWITZ
2409 FAIRWAY TERRACE, WARRINGTON, PA 18976
TRUSTEE1$0

Address and contacts

Address (IRS master file)
100 MONTICELLO AVE, ANNAPOLIS, MD 21401-3414
Signed the 990-PF
TODD GLASSMAN, TRUSTEE
Phone
(215) 668-2220
Return prepared by
SAVRAN BENSON 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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
01-0713216
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
2002
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$859,129
Income (IRS master file)
$476,474

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$82,511$58,858$859,129IRS
990-PFDecember 2024$70,008$54,263$833,898IRS
990-PFDecember 2023$76,043$45,581$814,727XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 01-0713216).

Questions about BSG FAMILY FOUNDATION

What is the EIN of BSG FAMILY FOUNDATION?
The employer identification number (EIN) of BSG FAMILY FOUNDATION is 01-0713216.
Is BSG FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to BSG FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BSG FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BSG FAMILY 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 BSG FAMILY 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 BSG FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does BSG FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $82,511, expenses of $58,858 and total assets of $859,129 at year end.

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