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Nonprofit · EIN 27-6850785

BSA ENDOWMENT MASTER TR

Tax-exempt · IRVING, TX 75038

Financials

$3.5M$93K2023$2.2M$86K2024
Revenue Expenses · by fiscal year end
Financials of BSA ENDOWMENT MASTER TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,242,336$86,294$2,156,042$51,958,415$0$51,958,415
December 31, 2023990$3,502,977$92,713$3,410,264$71,119,650$0$71,119,650
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$2,242,336
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$86,294

Balance sheet and other

Total assets, start of year
$71,119,650
Total assets, end of year
$51,958,415
Total liabilities, end of year
$0
Net assets, end of year
$51,958,415
Gross receipts
$2,242,336
Employees
0
Volunteers
7
Year formed
2010
State of legal domicile
TX

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
GLOBAL TRUST COMPANYINSTITUTIONAL TRUSTEE
Institutional trustee
1$86,294
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
GLOBAL TRUST COMPANYINSTITUTIONAL TRUSTEE
Institutional trustee
1$92,713

Address and contacts

Address (IRS master file)
1325 W WALNUT HILL LN, IRVING, TX 75038-3008
In care of
% NICK FREYALDENHOVEN
Principal officer (990 for 2024)
MR THOMAS FORESE JR, 4 A GILL STREET, WOBURN, MA 01801
Signed the 990
TIM SMITH, SR. VICE PRESIDENT
Phone
(972) 580-2065
Return prepared by
PwC US Tax LLP

Mission

ACCORDING TO THE BSA ENDOWMENT MASTER TRUST AGREEMENT THE TRUST IS CREATED EXCLUSIVELY TO INVEST PERMANENT FUNDS OF THE NATIONAL COUNCIL OF THE BOY SCOUTS OF AMERICA, LOCAL COUNCILS OF THE BSA AND THE AFFILIATES OF SUCH NATIONAL COUNCIL AND LOCAL COUNCILS THAT ARE DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

990 for the year ended December 31, 2024

Program accomplishments

  • THE BSA ENDOWMENT MASTER TRUST WAS CREATED TO ALLOW LOCAL BSA COUNCILS TO, WHEN NECESSARY, KEEP THEIR ENDOWMENT IN A TRUST, WHICH HAS A CORPORATE TRUSTEE, AND INVEST EXCLUSIVELY IN THE BSA COMMINGLED ENDOWMENT FUND, LP. BSA ASSET MANAGEMENT, LLC IS THE SETTLOR OF THE TRUST AND GLOBAL TRUST COMPANY IS THE TRUSTEE. BOY SCOUTS OF AMERICA IS THE SOLE MEMBER OF BSA ASSET MANAGEMENT, LLC. THE BSA ENDOWMENT MASTER TRUST IS EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE IRS ISSUED A FAVORABLE DETERMINATION LETTER ON APRIL 24, 2012 WITH AN EFFECTIVE DATE OF OCTOBER 28, 2010 (THE DATE OF FIRST DEPOSIT OF ASSETS INTO THE TRUST).
    Expenses $86,294

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-6850785
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$51,958,415
Income (IRS master file)
$2,242,336

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,242,336$86,294$51,958,415XML
990-TDecember 2024–––IRS
990December 2023$3,502,977$92,713$71,119,650XML
990-TDecember 2023–––IRS
990December 2022$4,001,184$111,016$71,409,713IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 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 27-6850785).

Questions about BSA ENDOWMENT MASTER TR

What is the EIN of BSA ENDOWMENT MASTER TR?
The employer identification number (EIN) of BSA ENDOWMENT MASTER TR is 27-6850785.
Is BSA ENDOWMENT MASTER TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to BSA ENDOWMENT MASTER TR tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does BSA ENDOWMENT MASTER TR 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 BSA ENDOWMENT MASTER TR 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 BSA ENDOWMENT MASTER TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BSA ENDOWMENT MASTER TR?
The 990 for the year ended December 31, 2024 names MR THOMAS FORESE JR.
Who are the officers and directors of BSA ENDOWMENT MASTER TR?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $86,294 (GLOBAL TRUST COMPANY, INSTITUTIONAL TRUSTEE).
How much revenue does BSA ENDOWMENT MASTER TR have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,242,336, expenses of $86,294 and total assets of $51,958,415 at year end.

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