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Nonprofit · EIN 43-2036817

SHANKS FAMILY FOUNDATION

Also known as SHANKS EUGENE B JR TTEE

Tax-exempt · ALBANY, NY 12212

Financials

$33K$30K2022$100K$39K2023$5K$43K2024
Revenue Expenses · by fiscal year end
Financials of SHANKS FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-PF$5,380$43,015-$37,635$212,545$0$212,545
September 30, 2024990-PF$99,597$39,211$60,386$250,180$0$250,180
September 30, 2023990-PF$33,211$30,015$3,196$189,794$0$189,794
Financial details: 990-PF for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$5,323
Interest
$57

Expenses

Grants and similar amounts paid
$42,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$42,015
Excise tax on investment income
$75

Balance sheet and other

Total assets, start of year
$250,180
Total assets, end of year
$212,545
Total liabilities, end of year
$0
Net assets, end of year
$212,545
Fair market value of assets
$1,064,074
Qualifying distributions
$42,015
Net investment income
$5,380

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
EUGENE B SHANKS JR
c/o Goldman Sachs Ayco po box 15201, Albany, NY 122125201
TRUSTEE1$0
SUSAN B SHANKS
c/o Goldman Sachs Ayco po box 15201, Albany, NY 122125201
TRUSTEE1$0
E BAYLIS SHANKS III
c/o Goldman Sachs Ayco po box 15201, Albany, NY 122125201
TRUSTEE1$0
VIRGINIA L SHANKS
c/o Goldman Sachs Ayco po box 15201, Albany, NY 122125201
TRUSTEE1$0
Daniel H Shanks
c/o Goldman Sachs Ayco po box 15201, Albany, NY 122125201
Trustee1$0
990-PF for the year ended September 30, 2024: 5 people
NameTitleHours / weekCompensation
EUGENE B SHANKS JR
c/o the ayco company po box 15201, Albany, NY 122125201
TRUSTEE1$0
SUSAN B SHANKS
c/o the ayco company po box 15201, Albany, NY 122125201
TRUSTEE1$0
E BAYLIS SHANKS III
c/o the ayco company po box 15201, Albany, NY 122125201
TRUSTEE1$0
VIRGINIA L SHANKS
c/o the ayco company po box 15201, Albany, NY 122125201
TRUSTEE1$0
Daniel H Shanks
c/o the ayco company po box 15201, Albany, NY 122125201
Trustee1$0
990-PF for the year ended September 30, 2023: 5 people
NameTitleHours / weekCompensation
EUGENE B SHANKS JR
c/o the ayco company po box 15201, Albany, NY 122125201
TRUSTEE1$0
SUSAN B SHANKS
c/o the ayco company po box 15201, Albany, NY 122125201
TRUSTEE1$0
E BAYLIS SHANKS III
c/o the ayco company po box 15201, Albany, NY 122125201
TRUSTEE1$0
VIRGINIA L SHANKS
c/o the ayco company po box 15201, Albany, NY 122125201
TRUSTEE1$0
Daniel H Shanks
c/o the ayco company po box 15201, Albany, NY 122125201
Trustee1$0

Address and contacts

Address (IRS master file)
PO BOX 15201, ALBANY, NY 12212-5201
In care of
% GOLDMAN SACHS AYCO
Signed the 990-PF
Eugene Shanks, trustee
Phone
(518) 640-5000
Return prepared by
ERNST & YOUNG US 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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990-PF on file
2023September 30, 2024February 18, 2025990-PF on file

IRS record

EIN
43-2036817
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
2004
Accounting year ends
September
Files
Form 990-PF
Assets (IRS master file)
$212,545
Income (IRS master file)
$5,380

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFSeptember 2025$5,380$43,015$212,545XML
990-PFSeptember 2024$99,597$39,211$250,180XML
990-PFSeptember 2023$33,211$30,015$189,794XML
990-PFSeptember 2022–––IRS
990-PFSeptember 2021–––IRS
990-PFSeptember 2020–––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 43-2036817).

Questions about SHANKS FAMILY FOUNDATION

What is the EIN of SHANKS FAMILY FOUNDATION?
The employer identification number (EIN) of SHANKS FAMILY FOUNDATION is 43-2036817.
Is SHANKS FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to SHANKS FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SHANKS FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SHANKS FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SHANKS FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended September 2025.
Who are the officers and directors of SHANKS FAMILY FOUNDATION?
The 990-PF for the year ended September 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does SHANKS FAMILY FOUNDATION have?
On its 990-PF for the year ended September 30, 2025 it reported revenue of $5,380, expenses of $43,015 and total assets of $212,545 at year end.

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