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Nonprofit · EIN 13-6400635

THE FRANCIS ASBURY PALMER FUND

Tax-exempt · NEW YORK, NY 10017

Financials

$76K$365K2022$118K$339K2023$649K$483K2024
Revenue Expenses · by fiscal year end
Financials of THE FRANCIS ASBURY PALMER FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2025990-PF$649,127$482,931$166,196$4,939,457$0$4,939,457
April 30, 2024990-PF$118,051$339,073-$221,022$4,773,261$0$4,773,261
April 30, 2023990-PF$75,976$365,328-$289,352$4,995,600$0$4,995,600
Financial details: 990-PF for the year ended April 30, 2025

Revenue

Dividends
$112,803
Interest
$244
Net gain from sales of assets
$535,596
Other income
$484

Expenses

Grants and similar amounts paid
$415,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$423,421
Excise tax on investment income
$8,196

Balance sheet and other

Total assets, start of year
$4,773,261
Total assets, end of year
$4,939,457
Total liabilities, end of year
$0
Net assets, end of year
$4,939,457
Fair market value of assets
$5,431,741
Qualifying distributions
$423,421
Net investment income
$649,127

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 April 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DIANA L REED
125 PARK AVENUE, NEW YORK, NY 10017
PRESIDENT0.1$0
SUSAN K REED
125 PARK AVENUE, NEW YORK, NY 10017
DIRECTOR0.1$0
PHILLIP P MCGUIGAN
125 PARK AVENUE, NEW YORK, NY 10017
DIRECTOR0.1$0
ALLISON CHISOLM HANSEN
125 PARK AVENUE, NEW YORK, NY 10017
DIRECTOR0.1$0
LUCY MCGUIGAN
125 PARK AVENUE, NEW YORK, NY 10017
DIRECTOR0.1$0
990-PF for the year ended April 30, 2024: 5 people
NameTitleHours / weekCompensation
DIANA L REED
125 PARK AVENUE, NEW YORK, NY 10017
PRESIDENT0.1$0
SUSAN K REED
125 PARK AVENUE, NEW YORK, NY 10017
DIRECTOR0.1$0
PHILLIP P MCGUIGAN
125 PARK AVENUE, NEW YORK, NY 10017
DIRECTOR0.1$0
ALLISON CHISOLM HANSEN
125 PARK AVENUE, NEW YORK, NY 10017
DIRECTOR0.1$0
LUCY MCGUIGAN
125 PARK AVENUE, NEW YORK, NY 10017
DIRECTOR0.1$0
990-PF for the year ended April 30, 2023: 5 people
NameTitleHours / weekCompensation
DIANA L REED
125 PARK AVENUE, NEW YORK, NY 10017
PRESIDENT0.1$0
SUSAN K REED
125 PARK AVENUE, NEW YORK, NY 10017
DIRECTOR0.1$0
PHILLIP P MCGUIGAN
125 PARK AVENUE, NEW YORK, NY 10017
DIRECTOR0.1$0
ALLISON CHISOLM HANSEN
125 PARK AVENUE, NEW YORK, NY 10017
DIRECTOR0.1$0
LUCY MCGUIGAN
125 PARK AVENUE, NEW YORK, NY 10017
DIRECTOR0.1$0

Address and contacts

Address (IRS master file)
125 PARK AVENUE, NEW YORK, NY 10017-5529
In care of
% TAX DEPT UNITED STATES TRUST CO
Signed the 990-PF
DIANA L REED, PRESIDENT
Phone
(212) 508-3878
Return prepared by
COHNREZNICK ADVISORY LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026Not on file
2024April 30, 2025September 15, 2025990-PF on file
2023April 30, 2024September 16, 2024990-PF on file

IRS record

EIN
13-6400635
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
1938
Accounting year ends
April
Files
Form 990-PF
Assets (IRS master file)
$4,939,457
Income (IRS master file)
$2,319,402

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFApril 2025$649,127$482,931$4,939,457XML
990-PFApril 2024$118,051$339,073$4,773,261XML
990-PFApril 2023$75,976$365,328$4,995,600XML
990-PFApril 2022–––IRS
990-PFApril 2021–––IRS
990-PFApril 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 13-6400635).

Questions about THE FRANCIS ASBURY PALMER FUND

What is the EIN of THE FRANCIS ASBURY PALMER FUND?
The employer identification number (EIN) of THE FRANCIS ASBURY PALMER FUND is 13-6400635.
Is THE FRANCIS ASBURY PALMER FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1938.
Are donations to THE FRANCIS ASBURY PALMER FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE FRANCIS ASBURY PALMER FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of THE FRANCIS ASBURY PALMER FUND due?
The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE FRANCIS ASBURY PALMER FUND last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended April 2025.
Who are the officers and directors of THE FRANCIS ASBURY PALMER FUND?
The 990-PF for the year ended April 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does THE FRANCIS ASBURY PALMER FUND have?
On its 990-PF for the year ended April 30, 2025 it reported revenue of $649,127, expenses of $482,931 and total assets of $4,939,457 at year end.

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