Nonprofit · EIN 27-4379483
GILSON FAMILY FOUNDATION INC
Tax-exempt · CONCORD, MA 01742
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $2,018,375 | $2,049,784 | -$31,409 | $32,061,214 | $2,190 | $32,059,024 |
| December 31, 2024 | 990-PF | $7,442,581 | $1,726,272 | $5,716,309 | $29,683,302 | $0 | $29,683,302 |
| December 31, 2023 | 990-PF | $3,761,772 | $1,442,346 | $2,319,426 | $23,298,924 | $0 | $23,298,924 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $822,745
- Net gain from sales of assets
- $1,195,630
Expenses
- Grants and similar amounts paid
- $1,764,537
- Compensation of officers, directors and key employees
- $132,000
- Disbursements for charitable purposes
- $2,044,923
- Excise tax on investment income
- $28,408
Balance sheet and other
- Total assets, start of year
- $29,683,302
- Total assets, end of year
- $32,061,214
- Total liabilities, end of year
- $2,190
- Net assets, end of year
- $32,059,024
- Fair market value of assets
- $32,061,214
- Qualifying distributions
- $2,044,923
- Net investment income
- $2,048,628
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHELLE SPINA SCHMIDT 199 INDEPENDENCE ROAD, CONCORD, MA 01742 | President | 40 | $50,000 |
| PETER JOHN SPINA 5 SPYGLASS DRIVE, LITTLETON, CO 80123 | Director | 40 | $50,000 |
| MARY GILSON SPINA 61 ALPINE TRAIL, PITTSFIELD, MA 01201 | Director | 10 | $32,000 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHELLE SPINA SCHMIDT 199 INDEPENDENCE ROAD, CONCORD, MA 01742 | President | 40 | $25,000 |
| PETER JOHN SPINA 5 SPYGLASS DRIVE, LITTLETON, CO 80123 | Director | 40 | $25,000 |
| MARY GILSON SPINA 61 ALPINE TRAIL, PITTSFIELD, MA 01201 | Director | 10 | $16,000 |
| MICHAEL J ESCHELBACHER 59 FEDERAL STREET, SALEM, MA 01970 | CLERK | 2 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHELLE SPINA SCHMIDT 199 INDEPENDENCE ROAD, CONCORD, MA 01742 | PRESIDENT | 20 | $25,000 |
| PETER J SPINA 1061 EMERSON STREET 101, DENVER, CO 80218 | DIRECTOR | 20 | $25,000 |
| MICHAEL J ESCHELBACHER 59 FEDERAL STREET, SALEM, MA 01970 | CLERK | 10 | $16,000 |
| LUCY GILSON 8 CLIFF STREET, MARBLEHEAD, MA 01945 | DIRECTOR | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 199 INDEPENDENCE RD, CONCORD, MA 01742-2654
- Signed the 990-PF
- MICHELLE SPINA, President
- Return prepared by
- Camerlengo & Associates
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 | 990-PF 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
- 27-4379483
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $32,061,214
- Income (IRS master file)
- $4,424,314
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $2,018,375 | $2,049,784 | $32,061,214 | XML |
| 990-PF | December 2024 | $7,442,581 | $1,726,272 | $29,683,302 | XML |
| 990-PF | December 2023 | $3,761,772 | $1,442,346 | $23,298,924 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2019 | – | – | – | IRS |
| 990-PF | June 2018 | – | – | – | 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 27-4379483).
Questions about GILSON FAMILY FOUNDATION INC
- What is the EIN of GILSON FAMILY FOUNDATION INC?
- The employer identification number (EIN) of GILSON FAMILY FOUNDATION INC is 27-4379483.
- Is GILSON FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to GILSON FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GILSON FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GILSON FAMILY FOUNDATION INC 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 GILSON FAMILY FOUNDATION INC 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 GILSON FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 3 received compensation from the organization, the highest $50,000 (MICHELLE SPINA SCHMIDT, President).
- How much revenue does GILSON FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,018,375, expenses of $2,049,784 and total assets of $32,061,214 at year end.
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