Nonprofit · EIN 04-3397681
TOWARDS SUSTAINABILITY FOUNDATION
Tax-exempt · SAUGUS, MA 01906
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $1,180,458 | $1,122,054 | $58,404 | $14,494,111 | $0 | $14,494,111 |
| September 30, 2024 | 990-PF | $1,214,108 | $1,046,007 | $168,101 | $14,443,649 | $0 | $14,443,649 |
| September 30, 2023 | 990-PF | $1,266,290 | $1,073,631 | $192,659 | $14,282,470 | $0 | $14,282,470 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Dividends
- $387,943
- Interest
- $20,398
- Net gain from sales of assets
- $771,519
- Other income
- $598
Expenses
- Grants and similar amounts paid
- $849,150
- Compensation of officers, directors and key employees
- $253,027
- Disbursements for charitable purposes
- $849,150
- Excise tax on investment income
- $12,798
Balance sheet and other
- Total assets, start of year
- $14,443,649
- Total assets, end of year
- $14,494,111
- Total liabilities, end of year
- $0
- Net assets, end of year
- $14,494,111
- Fair market value of assets
- $20,579,885
- Qualifying distributions
- $849,150
- Net investment income
- $1,180,458
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cambridge Trust 605 Broadway LF-41, Saugus, MA 01906 | Trustee | 10 | $171,291 |
| Susan K Syversen 16 Homestead Road, Marblehead, MA 01945 | Advisory Committee | 2.5 | $40,868 |
| John R Dunnell 182 Bancroft Avenue, Reading, MA 01867 | Advisory Committee | 2.5 | $40,868 |
990-PF for the year ended September 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cambridge Trust 605 Broadway LF-41, Saugus, MA 01906 | Trustee | 10 | $139,448 |
| Susan K Syversen 16 Homestead Road, Marblehead, MA 01945 | Advisory Committee | 2.5 | $32,974 |
| John R Dunnell 182 Bancroft Avenue, Reading, MA 01867 | Advisory Committee | 2.5 | $32,974 |
990-PF for the year ended September 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Eastern Bank 605 Broadway LF-41, Saugus, MA 01906 | Trustee | 10 | $139,259 |
| Susan K Syversen 16 Homestead Road, Marblehead, MA 01945 | Advisory Committee | 2.5 | $32,540 |
| John R Dunnell 182 Bancroft Avenue, Reading, MA 01867 | Advisory Committee | 2.5 | $32,539 |
Address and contacts
- Address (IRS master file)
- 605 BROADWAY LF-41, SAUGUS, MA 01906-3283
- In care of
- % DAVID OLAKSEN EASTERN BANK
- Signed the 990-PF
- Charles P Nelson VP Cambridge Trust, Trustee
- Phone
- (617) 897-1124
- Return prepared by
- Generations Law Group PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990-PF on file |
IRS record
- EIN
- 04-3397681
- 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
- 1998
- Accounting year ends
- September
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $14,494,111
- Income (IRS master file)
- $4,818,893
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $1,180,458 | $1,122,054 | $14,494,111 | XML |
| 990-PF | September 2024 | $1,214,108 | $1,046,007 | $14,443,649 | XML |
| 990-PF | September 2023 | $1,266,290 | $1,073,631 | $14,282,470 | XML |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 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 04-3397681).
Questions about TOWARDS SUSTAINABILITY FOUNDATION
- What is the EIN of TOWARDS SUSTAINABILITY FOUNDATION?
- The employer identification number (EIN) of TOWARDS SUSTAINABILITY FOUNDATION is 04-3397681.
- Is TOWARDS SUSTAINABILITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to TOWARDS SUSTAINABILITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does TOWARDS SUSTAINABILITY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of TOWARDS SUSTAINABILITY FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TOWARDS SUSTAINABILITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who are the officers and directors of TOWARDS SUSTAINABILITY FOUNDATION?
- The 990-PF for the year ended September 30, 2025 lists 3 people; 3 received compensation from the organization, the highest $171,291 (Cambridge Trust, Trustee).
- How much revenue does TOWARDS SUSTAINABILITY FOUNDATION have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $1,180,458, expenses of $1,122,054 and total assets of $14,494,111 at year end.
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