Nonprofit · EIN 13-6051922
FANWOOD FOUNDATION
Tax-exempt · NEWTON, NJ 07860
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $671,901 | $769,694 | -$97,793 | $11,711,924 | $0 | $11,711,924 |
| December 31, 2023 | 990-PF | $441,807 | $770,955 | -$329,148 | $11,765,510 | $0 | $11,765,510 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $326,775
- Net gain from sales of assets
- $345,126
Expenses
- Grants and similar amounts paid
- $599,600
- Compensation of officers, directors and key employees
- $18,300
- Salaries, compensation and benefits (total)
- $60,008
- Disbursements for charitable purposes
- $713,723
- Excise tax on investment income
- $8,566
Balance sheet and other
- Total assets, start of year
- $11,765,510
- Total assets, end of year
- $11,711,924
- Total liabilities, end of year
- $0
- Net assets, end of year
- $11,711,924
- Fair market value of assets
- $14,751,803
- Qualifying distributions
- $713,723
- Net investment income
- $671,901
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 |
|---|---|---|---|
| J WHITNEY STEVENS C/O BESSEMER TRUST 1271 AVENUE OF, THE AMERICAS, NEW YORK, NY 10020 | TRUSTEE | 5 | $18,300 |
| MELANIE READ C/O BESSEMER TRUST 1271 AVENUE OF, THE AMERICAS, NEW YORK, NY 10020 | TRUSTEE | 5 | $0 |
| JAMILAH REED DECKER C/O BESSEMER TRUST 1271 AVENUE OF, THE AMERICAS, NEW YORK, NY 10020 | TRUSTEE | 5 | $0 |
| EMMELYN SWAN STEVENS C/O BESSEMER TRUST 1271 AVENUE OF, THE AMERICAS, NEW YORK, NY 10020 | TRUSTEE | 5 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| J WHITNEY STEVENS C/O BESSEMER TRUST 1271 AVENUE OF, THE AMERICAS, NEW YORK, NY 10020 | TRUSTEE | 5 | $16,800 |
| MELANIE READ C/O BESSEMER TRUST 1271 AVENUE OF, THE AMERICAS, NEW YORK, NY 10020 | TRUSTEE | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 10, NEWTON, NJ 07860-0010
- In care of
- % THE FANWOOD FOUNDATION
- Signed the 990-PF
- J WHITNEY STEVENS, TRUSTEE
- Phone
- (516) 508-9623
- Return prepared by
- BESSEMER TRUST CO NA
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
- 13-6051922
- 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
- 1951
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $11,711,924
- Income (IRS master file)
- $2,853,984
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $671,901 | $769,694 | $11,711,924 | XML |
| 990-PF | December 2023 | $441,807 | $770,955 | $11,765,510 | 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 13-6051922).
Questions about FANWOOD FOUNDATION
- What is the EIN of FANWOOD FOUNDATION?
- The employer identification number (EIN) of FANWOOD FOUNDATION is 13-6051922.
- Is FANWOOD FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1951.
- Are donations to FANWOOD FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FANWOOD FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FANWOOD 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 FANWOOD 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 FANWOOD FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $18,300 (J WHITNEY STEVENS, TRUSTEE).
- How much revenue does FANWOOD FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $671,901, expenses of $769,694 and total assets of $11,711,924 at year end.
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