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Nonprofit · EIN 47-2480352

THE 1434 FOUNDATION INC

Tax-exempt · BOSTON, MA 02116

Financials

$1.6M$4.4M2023$4.2M$4.5M2024
Revenue Expenses · by fiscal year end
Financials of THE 1434 FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$4,245,399$4,527,060-$281,661$61,954,028$7,939$61,946,089
December 31, 2023990-PF$1,589,794$4,429,138-$2,839,344$62,240,300$12,550$62,227,750
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,748,034
Net gain from sales of assets
$2,186,392
Other income
$310,973

Expenses

Grants and similar amounts paid
$3,342,089
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$244,633
Disbursements for charitable purposes
$4,034,876
Excise tax on investment income
$52,553

Balance sheet and other

Total assets, start of year
$62,240,300
Total assets, end of year
$61,954,028
Total liabilities, end of year
$7,939
Net assets, end of year
$61,946,089
Fair market value of assets
$83,182,120
Qualifying distributions
$4,034,876
Net investment income
$4,243,303

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
KYLA SULLIVAN
20 COLONIAL ROAD, WESTPORT, CT 06880
ARTS PROGRAM OFFICER
Highest-paid employee
30$98,417
ANNA C HARMISON
471 BEACON STREET, BOSTON, MA 02115
OFFICE ASSOCIATE
Highest-paid employee
40$80,726
FOTENE J DEMOULAS
160 COMMONWEALTH AVENEUE SUITE L10, BOSTON, MA 02116
PRESIDENT / DIRECTOR26$0
THOMAS P COTE
160 COMMONWEALTH AVENEUE SUITE L10, BOSTON, MA 02116
TREASURER / CLERK / DIRECTOR10$0
CHARLES ANTON
160 COMMONWEALTH AVENEUE SUITE L10, BOSTON, MA 02116
DIRECTOR10$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
KYLA SULLIVAN
20 COLONIAL ROAD, WESTPORT, CT 06880
ARTS PROGRAM OFFICER
Highest-paid employee
30$105,550
FOTENE J DEMOULAS
160 COMMONWEALTH AVENEUE SUITE L10, BOSTON, MA 02116
PRESIDENT / DIRECTOR45$0
THOMAS P COTE
160 COMMONWEALTH AVENEUE SUITE L10, BOSTON, MA 02116
TREASURER / CLERK / DIRECTOR10$0
CHARLES ANTON
160 COMMONWEALTH AVENEUE SUITE L10, BOSTON, MA 02116
DIRECTOR10$0

Address and contacts

Address (IRS master file)
160 COMMONWEALTH AVE STE L10, BOSTON, MA 02116-2749
In care of
% THOMAS S FITZPATRICK
Signed the 990-PF
THOMAS P COTE, TREASURER
Phone
(617) 589-3865
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
47-2480352
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
2015
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$61,954,028
Income (IRS master file)
$14,676,949

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$4,245,399$4,527,060$61,954,028XML
990-TDecember 2024–––IRS
990-PFDecember 2023$1,589,794$4,429,138$62,240,300XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 47-2480352).

Questions about THE 1434 FOUNDATION INC

What is the EIN of THE 1434 FOUNDATION INC?
The employer identification number (EIN) of THE 1434 FOUNDATION INC is 47-2480352.
Is THE 1434 FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to THE 1434 FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE 1434 FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THE 1434 FOUNDATION INC 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 THE 1434 FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of THE 1434 FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $98,417 (KYLA SULLIVAN, ARTS PROGRAM OFFICER).
How much revenue does THE 1434 FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,245,399, expenses of $4,527,060 and total assets of $61,954,028 at year end.

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