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Nonprofit · EIN 05-0566794

OLIVER KILLAM PRIVATE FOUNDATION TRUST

Tax-exempt · SALEM, MA 01970

Financials

$1.1M$519K2023$1M$468K2024
Revenue Expenses · by fiscal year end
Financials of OLIVER KILLAM PRIVATE FOUNDATION TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,006,052$468,022$538,030$15,067,590$20,600$15,046,990
December 31, 2023990-PF$1,136,758$519,352$617,406$14,540,340$20,000$14,520,340
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$440,884
Net gain from sales of assets
$565,168

Expenses

Grants and similar amounts paid
$211,378
Compensation of officers, directors and key employees
$172,500
Disbursements for charitable purposes
$219,976
Excise tax on investment income
$10,536

Balance sheet and other

Total assets, start of year
$14,540,340
Total assets, end of year
$15,067,590
Total liabilities, end of year
$20,600
Net assets, end of year
$15,046,990
Fair market value of assets
$18,950,674
Qualifying distributions
$219,976
Net investment income
$1,006,052

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.

NameTitleHours / weekCompensation
FRANK MUZIO
27 CONGRESS STREET STE 512, SALEM, MA 01970
TRUSTEE5$34,500
SCOTT A MACALLISTER
27 CONGRESS STREET STE 512, SALEM, MA 01970
TRUSTEE5$34,500
CHERYL SALTZMAN
27 CONGRESS STREET STE 512, SALEM, MA 01970
TRUSTEE5$34,500
SCOTT JAMES MACALLISTER
27 CONGRESS STREET STE 512, SALEM, MA 01970
TRUSTEE5$34,500
AMY SALTZMAN
27 CONGRESS STREET STE 512, SALEM, MA 01970
TRUSTEE5$34,500
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
FRANK MUZIO
27 CONGRESS STREET STE 512, SALEM, MA 01970
TRUSTEE5$24,000
SCOTT A MACALLISTER
27 CONGRESS STREET STE 512, SALEM, MA 01970
TRUSTEE5$24,000
CHERYL SALTZMAN
27 CONGRESS STREET STE 512, SALEM, MA 01970
TRUSTEE5$24,000
SCOTT JAMES MACALLISTER
27 CONGRESS STREET STE 512, SALEM, MA 01970
TRUSTEE5$24,000
AMY SALTZMAN
27 CONGRESS STREET STE 512, SALEM, MA 01970
TRUSTEE5$24,000

Address and contacts

Address (IRS master file)
27 CONGRESS ST STE 512, SALEM, MA 01970-5574
In care of
% ROBERT WELCH
Signed the 990-PF
FRANK MUZIO, TRUSTEE
Phone
(978) 744-0637
Return prepared by
RYAN & COSCIA 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 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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
05-0566794
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
2005
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B82)
Assets (IRS master file)
$15,067,590
Income (IRS master file)
$5,859,911

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,006,052$468,022$15,067,590IRS
990-PFDecember 2023$1,136,758$519,352$14,540,340XML
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 05-0566794).

Questions about OLIVER KILLAM PRIVATE FOUNDATION TRUST

What is the EIN of OLIVER KILLAM PRIVATE FOUNDATION TRUST?
The employer identification number (EIN) of OLIVER KILLAM PRIVATE FOUNDATION TRUST is 05-0566794.
Is OLIVER KILLAM PRIVATE FOUNDATION TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to OLIVER KILLAM PRIVATE FOUNDATION TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does OLIVER KILLAM PRIVATE FOUNDATION TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of OLIVER KILLAM PRIVATE FOUNDATION TRUST 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 OLIVER KILLAM PRIVATE FOUNDATION TRUST 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 OLIVER KILLAM PRIVATE FOUNDATION TRUST?
The 990-PF for the year ended December 31, 2024 lists 5 people; 5 received compensation from the organization, the highest $34,500 (FRANK MUZIO, TRUSTEE).
How much revenue does OLIVER KILLAM PRIVATE FOUNDATION TRUST have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,006,052, expenses of $468,022 and total assets of $15,067,590 at year end.

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