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Nonprofit · EIN 05-0509060

BANCROFT FAMILY FOUNDATION

Tax-exempt · MIDDLETOWN, RI 02842

Financials

$39K$134K2023$958K$189K2024$2.5M$233K2025
Revenue Expenses · by fiscal year end
Financials of BANCROFT FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$2,460,073$232,738$2,227,335$3,765,639$0$3,765,639
December 31, 2024990-PF$958,157$189,303$768,854$1,538,304$0$1,538,304
December 31, 2023990-PF$39,084$133,776-$94,692$769,451$0$769,450
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,451,741
Dividends
$103,759
Net gain from sales of assets
$904,573

Expenses

Grants and similar amounts paid
$189,576
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$232,725
Excise tax on investment income
$14,016

Balance sheet and other

Total assets, start of year
$1,538,304
Total assets, end of year
$3,765,639
Total liabilities, end of year
$0
Net assets, end of year
$3,765,639
Fair market value of assets
$4,070,271
Qualifying distributions
$232,725
Net investment income
$1,008,332

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
DIANE M ZUSPAN
55 HAMMARLUND WAY TECH II, MIDDLETOWN, RI 02842
PRESIDENT & DIRECTOR0$0
LAURIE MANDLY
55 HAMMARLUND WAY TECH II, MIDDLETOWN, RI 02842
TREASURER & DIRECTOR0$0
SCOTT A BANCROFT
55 HAMMARLUND WAY TECH II, MIDDLETOWN, RI 02842
VICE PRESIDENT & DIRECTOR0$0
KIMBRELEY BANCROFT
55 HAMMARLUND WAY TECH II, MIDDLETOWN, RI 02842
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
DIANE M ZUSPAN
55 HAMMARLUND WAY TECH II, MIDDLETOWN, RI 02842
TREASURER0$0
LAURIE MANDLY
55 HAMMARLUND WAY TECH II, MIDDLETOWN, RI 02842
PRESIDENT0$0
CAROL A VERROCHI
55 HAMMARLUND WAY TECH II, MIDDLETOWN, RI 02842
SECRETARY0$0
Ryan Mandly
55 HAMMARLUND WAY TECH II, MIDDLETOWN, RI 02842
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
DIANE M ZUSPAN
55 HAMMARLUND WAY TECH II, MIDDLETOWN, RI 02842
TREASURER0$0
LAURIE MANDLY
55 HAMMARLUND WAY TECH II, MIDDLETOWN, RI 02842
PRESIDENT0$0
CAROL A VERROCHI
55 HAMMARLUND WAY TECH II, MIDDLETOWN, RI 02842
SECRETARY0$0
Ryan Mandly
55 HAMMARLUND WAY TECH II, MIDDLETOWN, RI 02842
TRUSTEE0$0

Address and contacts

Address (IRS master file)
55 HAMMARLUND WAY TECH II, MIDDLETOWN, RI 02842-5696
In care of
% LAURIE MANDLY
Signed the 990-PF
LAURIE MANDLY, PRESIDENT
Phone
(401) 841-8880
Return prepared by
WITHUMSMITHBROWNPC

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
05-0509060
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
2000
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,765,639
Income (IRS master file)
$3,865,571

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$2,460,073$232,738$3,765,639XML
990-PFDecember 2024$958,157$189,303$1,538,304IRS
990-PFDecember 2023$39,084$133,776$769,451XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 05-0509060).

Questions about BANCROFT FAMILY FOUNDATION

What is the EIN of BANCROFT FAMILY FOUNDATION?
The employer identification number (EIN) of BANCROFT FAMILY FOUNDATION is 05-0509060.
Is BANCROFT FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to BANCROFT FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BANCROFT FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BANCROFT 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 BANCROFT 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 BANCROFT FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does BANCROFT FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,460,073, expenses of $232,738 and total assets of $3,765,639 at year end.

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