Nonprofit · EIN 04-6528278
BANYAN FUND
Tax-exempt · BOSTON, MA 02130
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $30,117 | $29,767 | $350 | $590,596 | $0 | $590,596 |
| December 31, 2024 | 990-PF | $44,115 | $29,845 | $14,270 | $550,490 | $0 | $550,490 |
| December 31, 2023 | 990-PF | $8,782 | $28,789 | -$20,007 | $518,545 | $0 | $518,545 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $15,157
- Interest
- $941
- Net gain from sales of assets
- $14,019
Expenses
- Grants and similar amounts paid
- $21,736
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $24,113
- Excise tax on investment income
- $352
Balance sheet and other
- Total assets, start of year
- $550,490
- Total assets, end of year
- $590,596
- Total liabilities, end of year
- $0
- Net assets, end of year
- $590,596
- Fair market value of assets
- $590,596
- Qualifying distributions
- $24,113
- Net investment income
- $30,117
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David K Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| James E Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| Henry M Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| Edward K Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| Peter C Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| Maggie Gainey Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
990-PF for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David K Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| James E Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| Jocelyn Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee (part year) | 1 | $0 |
| Henry M Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| Edward K Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| Peter C Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| Maggie Gainey Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David K Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| James E Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| Jocelyn Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| Henry M Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| Edward K Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| Peter C Frechette Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
| Maggie Gainey Choate Hall Stewart LLP Two Intl, Boston, MA 02110 | Trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 961, BOSTON, MA 02130-0009
- In care of
- % CHOATE HALL & STEWART
- Signed the 990-PF
- Maggie Gainey, Trustee
- Phone
- (617) 248-4045
- Return prepared by
- Baker Newman & Noyes
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 | 990-PF 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
- 04-6528278
- 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)
- $590,596
- Income (IRS master file)
- $361,413
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $30,117 | $29,767 | $590,596 | IRS |
| 990-PF | December 2024 | $44,115 | $29,845 | $550,490 | IRS |
| 990-PF | December 2023 | $8,782 | $28,789 | $518,545 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 04-6528278).
Questions about BANYAN FUND
- What is the EIN of BANYAN FUND?
- The employer identification number (EIN) of BANYAN FUND is 04-6528278.
- Is BANYAN FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to BANYAN FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BANYAN FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BANYAN FUND 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 BANYAN FUND 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 BANYAN FUND?
- The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does BANYAN FUND have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $30,117, expenses of $29,767 and total assets of $590,596 at year end.
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