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Nonprofit · EIN 14-6036390

GLENS FALLS FOUNDATION

Tax-exempt · GLENS FALLS, NY 12804

Financials

$1.2M$1.1M2023$1.1M$996K2024$2.9M$2.1M2025
Revenue Expenses · by fiscal year end
Financials of GLENS FALLS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,855,272$2,081,388$773,884$28,182,939$0$28,182,939
December 31, 2024990$1,126,396$995,522$130,874$25,860,803$0$25,860,803
December 31, 2023990$1,198,350$1,138,329$60,021$23,563,753$0$23,563,753
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,222,197
Program service revenue
$0
Investment income
$1,633,075
Net gain from sales of assets
$826,450
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,895,039
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$17,800
Program services (functional)
$1,895,039
Management and general (functional)
$186,349

Balance sheet and other

Total assets, start of year
$25,860,803
Total assets, end of year
$28,182,939
Total liabilities, end of year
$0
Net assets, end of year
$28,182,939
Publicly traded securities
$27,274,847
Net assets without donor restrictions
$10,657,071
Net assets with donor restrictions
$17,525,868
Gross receipts
$7,591,270
Employees
0
Volunteers
7
Year formed
1939
State of legal domicile
NY

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 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Jessica R Botelho EsqDirector
Trustee or director
0.5$0
Donna PerkettChair
Trustee or director, Officer
0.5$0
Elizabeth Barton-NavitskyDirector
Trustee or director
0.5$0
Dr Jim FuchsDirector
Trustee or director
0.5$0
Dr Stacey MandelbaumDirector
Trustee or director
0.5$0
Mark BehanVice Chair
Trustee or director, Officer
0.5$0
Dianne ShugrueDirector
Trustee or director
0.5$0
Arrow Bank Natl AssociationTrustee
Institutional trustee
1$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
Jessica R Botelho EsqDirector
Trustee or director
0.5$0
Donna PerkettChair
Trustee or director, Officer
0.5$0
Elizabeth Barton-NavitskyDirector
Trustee or director
0.5$0
Dr Jim FuchsDirector
Trustee or director
0.5$0
Dr Stacey MandelbaumDirector
Trustee or director
0.5$0
Mark BehanVice Chair
Trustee or director, Officer
0.5$0
Dianne ShugrueDirector
Trustee or director
0.5$0
Glens Falls National BankTrustee
Institutional trustee
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Mrs Cheryl Potvin HoganDirector
Trustee or director
0.5$0
Mrs Donna PerkettChair
Trustee or director, Officer
0.5$0
Ms Elizabeth Barton-NavitskyDirector
Trustee or director
0.5$0
Dr Jim FuchsDirector
Trustee or director
0.5$0
Dr Stacey MandelbaumDirector
Trustee or director
0.5$0
Mr Mark BehanVice Chair
Trustee or director, Officer
0.5$0
Ms Dianne ShugrueDirector
Trustee or director
0.5$0
Glens Falls National BankTrustee
Institutional trustee
1$0

Address and contacts

Address (IRS master file)
PO BOX 4560, GLENS FALLS, NY 12804-0560
In care of
% TD BANK-FID TAX DEPT
Principal officer (990 for 2025)
Donna Perkett, 21 Jacqueline Drive, Queensbury, NY 12804
Signed the 990
Arrow Bank Natl Association, Trustee
Phone
(518) 926-8372
Return prepared by
WHITTEMORE DOWEN & RICCIARDELLI LLP

Mission

To improve the quality of life for the people of the Greater Glens Falls area through grants to non-profit organizations and donor-directed scholarships for area students.

990 for the year ended December 31, 2025

Program accomplishments

  • VARIOUS GRANTS AND AWARDS GIVEN TO CHARITABLE AND CIVIC COMMUNITY ORGANIZATIONS.
    Expenses $1,613,129 · grants $1,613,129
  • SCHOLARSHIPS FOR HIGH SCHOOL AND COLLEGE STUDENTS.
    Expenses $281,910 · grants $281,910

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
14-6036390
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1944
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$28,182,939
Income (IRS master file)
$7,591,270

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,855,272$2,081,388$28,182,939IRS
990December 2024$1,126,396$995,522$25,860,803XML
990December 2023$1,198,350$1,138,329$23,563,753XML
990December 2022$580,040$936,750$20,931,962IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about GLENS FALLS FOUNDATION

What is the EIN of GLENS FALLS FOUNDATION?
The employer identification number (EIN) of GLENS FALLS FOUNDATION is 14-6036390.
Is GLENS FALLS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1944.
Are donations to GLENS FALLS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GLENS FALLS FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GLENS FALLS 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 GLENS FALLS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GLENS FALLS FOUNDATION?
The 990 for the year ended December 31, 2025 names Donna Perkett.
Who are the officers and directors of GLENS FALLS FOUNDATION?
The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does GLENS FALLS FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,855,272, expenses of $2,081,388 and total assets of $28,182,939 at year end.

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