Nonprofit · EIN 01-0782573
ADVISORS CHARITABLE GIFT FUND INC
Tax-exempt · BURLINGTON, MA 01803
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $5,304,148 | $6,912,922 | -$1,608,774 | $27,017,958 | $5,387 | $27,012,571 |
| October 31, 2024 | 990 | $3,537,730 | $3,650,519 | -$112,789 | $27,413,364 | $18,222 | $27,395,142 |
| October 31, 2023 | 990 | $3,358,988 | $6,285,928 | -$2,926,940 | $22,766,067 | $23,630 | $22,742,437 |
Financial details: 990 for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $2,199,095
- Program service revenue
- $181,351
- Investment income
- $2,923,702
- Net gain from sales of assets
- $1,795,150
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $6,528,526
- Compensation of officers, directors and key employees
- $16,500
- Salaries, compensation and benefits (total)
- $16,500
- Professional fundraising fees
- $0
- Accounting fees
- $19,389
- Program services (functional)
- $6,528,526
- Management and general (functional)
- $384,396
Balance sheet and other
- Total assets, start of year
- $27,413,364
- Total assets, end of year
- $27,017,958
- Total liabilities, end of year
- $5,387
- Net assets, end of year
- $27,012,571
- Publicly traded securities
- $26,960,607
- Net assets without donor restrictions
- $27,012,571
- Gross receipts
- $10,289,423
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2003
- State of legal domicile
- MA
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 for the year ended October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David A St Yves | Treasurer Trustee or director, Officer | 1 | $3,500 |
| Joseph Gibbons | Director Trustee or director | 1 | $3,500 |
| Mark O'Connell | Director Trustee or director | 1 | $3,000 |
| Ronald D Dean | Vice Chair Trustee or director, Officer | 1 | $2,500 |
| Dr Diane Cooksey Kessler | Past Director Trustee or director | 1 | $2,500 |
| Kenneth GY Grant | Chair Trustee or director, Officer | 1 | $0 |
| Christopher Hulse | Director Trustee or director | 1 | $0 |
| William Hogan Jr | Director Trustee or director | 1 | $0 |
| Thomas Forese Jr | President Trustee or director, Officer | 1 | $0 |
990 for the year ended October 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Diane Cooksey Kessler | Chairperson Trustee or director, Officer | 1 | $2,500 |
| Joseph Gibbons | Director Trustee or director | 1 | $2,500 |
| Ronald D Dean | Vice Chairman Trustee or director, Officer | 1 | $2,000 |
| William Hogan Jr | Director Trustee or director | 1 | $2,000 |
| David A St Yves | Director Trustee or director | 1 | $2,000 |
| Kenneth G Y Grant | Past Director Trustee or director | 1 | $2,000 |
| Mark O'Connell | Treasurer Trustee or director, Officer | 1 | $1,500 |
| Thomas Forese Jr | Director Trustee or director | 1 | $0 |
| Christopher Hulse | President Trustee or director, Officer | 1 | $0 |
990 for the year ended October 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Diane Cooksey Kessler | Chairperson Trustee or director, Officer | 1 | $2,500 |
| Joseph Gibbons | Director Trustee or director | 1 | $2,500 |
| David A St Yves | Director Trustee or director | 1 | $2,500 |
| Ronald D Dean | Vice Chairman Trustee or director, Officer | 1 | $2,000 |
| Mark O'Connell | Treasurer Trustee or director, Officer | 1 | $2,000 |
| Kenneth G Y Grant | Director Trustee or director | 1 | $2,000 |
| William Hogan Jr | Director Trustee or director | 1 | $2,000 |
| Christopher Hulse | President Trustee or director, Officer | 0.5 | $0 |
| Thomas Forese Jr | Director Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1500 DISTRICT AVE, BURLINGTON, MA 01803-5069
- In care of
- % THOMAS FORESE JR
- Principal officer (990 for 2024)
- Kenneth GY Grant, 1500 District Ave, Burlington, MA 01803
- Signed the 990
- Kenneth GY Grant, Chair
- Phone
- (877) 221-6099
- Website
- acgfund.org
- Return prepared by
- Berry Dunn McNeil & Parker LLC
Mission
To promote charitable giving.
Program accomplishments
- The fund made grants to 581 charitable organizations in the areas of education, culture, religion, social services and overcoming poverty.Expenses $6,528,526 · grants $6,528,526 · revenue $181,351
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
| 2022 | October 31, 2023 | March 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0782573
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W120)
- Assets (IRS master file)
- $27,017,958
- Income (IRS master file)
- $10,289,423
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | $5,304,148 | $6,912,922 | $27,017,958 | XML |
| 990 | October 2024 | $3,537,730 | $3,650,519 | $27,413,364 | XML |
| 990 | October 2023 | $3,358,988 | $6,285,928 | $22,766,067 | XML |
| 990 | October 2022 | $6,290,034 | $8,982,680 | $25,560,118 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2019 | – | – | – | IRS |
| 990 | October 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 01-0782573).
Questions about ADVISORS CHARITABLE GIFT FUND INC
- What is the EIN of ADVISORS CHARITABLE GIFT FUND INC?
- The employer identification number (EIN) of ADVISORS CHARITABLE GIFT FUND INC is 01-0782573.
- Is ADVISORS CHARITABLE GIFT FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to ADVISORS CHARITABLE GIFT FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ADVISORS CHARITABLE GIFT FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ADVISORS CHARITABLE GIFT FUND INC due?
- The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ADVISORS CHARITABLE GIFT FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended October 2025.
- Who is the principal officer of ADVISORS CHARITABLE GIFT FUND INC?
- The 990 for the year ended October 31, 2025 names Kenneth GY Grant.
- Who are the officers and directors of ADVISORS CHARITABLE GIFT FUND INC?
- The 990 for the year ended October 31, 2025 lists 9 people; 5 received compensation from the organization, the highest $3,500 (David A St Yves, Treasurer).
- How much revenue does ADVISORS CHARITABLE GIFT FUND INC have?
- On its 990 for the year ended October 31, 2025 it reported revenue of $5,304,148, expenses of $6,912,922 and total assets of $27,017,958 at year end.
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