Nonprofit · EIN 04-6050704
ELLISON FOUNDATION
Tax-exempt · BOSTON, MA 02199
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $5,381,082 | $5,353,371 | $27,711 | $90,369,091 | $0 | $90,369,091 |
| December 31, 2023 | 990-PF | $2,855,995 | $3,068,791 | -$212,796 | $84,014,260 | $0 | $84,014,260 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,771,641
- Net gain from sales of assets
- $3,614,003
- Other income
- -$4,562
Expenses
- Grants and similar amounts paid
- $4,648,656
- Compensation of officers, directors and key employees
- $245,000
- Disbursements for charitable purposes
- $4,904,185
- Excise tax on investment income
- $68,623
Balance sheet and other
- Total assets, start of year
- $84,014,260
- Total assets, end of year
- $90,369,091
- Total liabilities, end of year
- $0
- Net assets, end of year
- $90,369,091
- Fair market value of assets
- $90,369,091
- Qualifying distributions
- $4,904,185
- Net investment income
- $5,385,806
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 |
|---|---|---|---|
| ELTON F DREW 2 CAPTAIN DANIEL ROAD, SOUTH YARMOUTH, MA 02664 | TRUSTEE | 15 | $90,000 |
| ANDREW SILVERMAN PO BOX 2990, FRAMINGHAM, MA 01703 | TRUSTEE | 4 | $75,000 |
| MARTIN HALL 800 BOYLSTON ST, BOSTON, MA 021993600 | TRUSTEE | 3 | $40,000 |
| WILLIAM G SPECIALE 15 PINE STREET, BEDFORD, MA 01730 | TRUSTEE | 1 | $40,000 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELTON F DREW 2 CAPTAIN DANIEL ROAD, SOUTH YARMOUTH, MA 02664 | TRUSTEE | 15 | $150,000 |
| ANDREW SILVERMAN PO BOX 2990, FRAMINGHAM, MA 01703 | TRUSTEE | 4 | $125,000 |
| MARTIN HALL 800 BOYLSTON ST, BOSTON, MA 021993600 | TRUSTEE | 3 | $79,285 |
Address and contacts
- Address (IRS master file)
- C/O RWA WEALTH PARTNERS 800 BOYLSTO, BOSTON, MA 02199-0000
- In care of
- % ELTON DREW
- Signed the 990-PF
- MARTIN HALL, TRUSTEE
- Phone
- (781) 584-4755
- Return prepared by
- DELOITTE TAX 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
- 04-6050704
- 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
- 1953
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $90,369,091
- Income (IRS master file)
- $17,367,413
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $5,381,082 | $5,353,371 | $90,369,091 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $2,855,995 | $3,068,791 | $84,014,260 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | 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 04-6050704).
Questions about ELLISON FOUNDATION
- What is the EIN of ELLISON FOUNDATION?
- The employer identification number (EIN) of ELLISON FOUNDATION is 04-6050704.
- Is ELLISON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1953.
- Are donations to ELLISON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ELLISON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ELLISON 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 ELLISON 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 ELLISON FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $90,000 (ELTON F DREW, TRUSTEE).
- How much revenue does ELLISON FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,381,082, expenses of $5,353,371 and total assets of $90,369,091 at year end.
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