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Nonprofit · EIN 32-0125749

BIPIS FOUNDATION

Tax-exempt · RICHMOND, VA 23294

Financials

$58K$39K2020$46K$20K2022$120K$74K2023$207K$146K2024
Revenue Expenses · by fiscal year end
Financials of BIPIS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990-PF$207,036$145,543$61,493$1,285,415$0$1,285,415
October 31, 2024990-PF$119,705$74,401$45,304$1,223,922$0$1,223,922
October 31, 2023990-PF$46,035$20,427$25,608$1,178,618$0$1,178,618
October 31, 2021990-PF$57,811$38,561$19,250$1,136,648$0$1,136,648
Financial details: 990-PF for the year ended October 31, 2025

Revenue

Dividends
$31,361
Net gain from sales of assets
$175,675

Expenses

Grants and similar amounts paid
$132,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$145,543
Excise tax on investment income
$2,878

Balance sheet and other

Total assets, start of year
$1,223,922
Total assets, end of year
$1,285,415
Total liabilities, end of year
$0
Net assets, end of year
$1,285,415
Fair market value of assets
$2,853,820
Qualifying distributions
$145,543
Net investment income
$207,036

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 October 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
THOMAS J PAUL
8401 MAYLAND DRIVE 4119, RICHMOND, VA 23294
DIRECTOR1$0
WILLIAM C IMESON
8401 MAYLAND DRIVE 4119, RICHMOND, VA 23294
SECRETARY-TREASURER2$0
990-PF for the year ended October 31, 2024: 2 people
NameTitleHours / weekCompensation
THOMAS J PAUL
605 N DAVIS AVE APT 2, RICHMOND, VA 23220
DIRECTOR1$0
WILLIAM C IMESON
605 N DAVIS AVE APT 2, RICHMOND, VA 23220
SECRETARY-TREASURER2$0
990-PF for the year ended October 31, 2023: 2 people
NameTitleHours / weekCompensation
THOMAS J PAUL
605 N DAVIS AVE APT 2, RICHMOND, VA 23220
DIRECTOR1$0
WILLIAM C IMESON
605 N DAVIS AVE APT 2, RICHMOND, VA 23220
SECRETARY-TREASURER2$0
990-PF for the year ended October 31, 2021: 2 people
NameTitleHours / weekCompensation
THOMAS J PAUL
605 N DAVIS AVE APT 2, RICHMOND, VA 23220
DIRECTOR1$0
WILLIAM C IMESON
605 N DAVIS AVE APT 2, RICHMOND, VA 23220
SECRETARY-TREASURER2$0

Address and contacts

Address (IRS master file)
8401 MAYLAND DRIVE 4119, RICHMOND, VA 23294-4648
In care of
% BONNIE L PAUL
Signed the 990-PF
WILLIAM C IMESON, SECRETARY-TREASURER
Phone
(540) 820-2784
Return prepared by
PBMARES LLP

What it must file and when

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

Tax yearYear endedDueIRS public records
2024October 31, 2025March 16, 2026990-PF on file
2023October 31, 2024March 17, 2025990-PF on file
2022October 31, 2023March 15, 2024990-PF on file

IRS record

EIN
32-0125749
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2005
Accounting year ends
October
Files
Form 990-PF
Category (NTEE)
Environment (C36)
Assets (IRS master file)
$1,285,415
Income (IRS master file)
$211,361

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFOctober 2025$207,036$145,543$1,285,415XML
990-PFOctober 2024$119,705$74,401$1,223,922XML
990-PFOctober 2023$46,035$20,427$1,178,618XML
990-PFOctober 2022–––IRS
990-PFOctober 2021$57,811$38,561$1,136,648XML
990-PFOctober 2020–––IRS
990-PFOctober 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 32-0125749).

Questions about BIPIS FOUNDATION

What is the EIN of BIPIS FOUNDATION?
The employer identification number (EIN) of BIPIS FOUNDATION is 32-0125749.
Is BIPIS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to BIPIS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does BIPIS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BIPIS FOUNDATION due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BIPIS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended October 2025.
Who are the officers and directors of BIPIS FOUNDATION?
The 990-PF for the year ended October 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does BIPIS FOUNDATION have?
On its 990-PF for the year ended October 31, 2025 it reported revenue of $207,036, expenses of $145,543 and total assets of $1,285,415 at year end.

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