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Nonprofit · EIN 47-3775548

DONALD AND ALLISON GULBRANDSEN FOUNDATION INC

Tax-exempt · PALM BEACH, FL 33480

Financials

$4.6M$571K2022$1.5M$653K2023$947K$449K2024
Revenue Expenses · by fiscal year end
Financials of DONALD AND ALLISON GULBRANDSEN FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$947,370$448,959$498,411$13,309,419$0$13,309,419
September 30, 2024990-PF$1,494,879$653,287$841,592$12,811,008$0$12,811,008
September 30, 2023990-PF$4,612,313$570,995$4,041,318$11,969,416$0$11,969,416
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$50,000
Dividends
$736,844
Net gain from sales of assets
$149,089
Other income
$11,437

Expenses

Grants and similar amounts paid
$448,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$448,000
Excise tax on investment income
$12,654

Balance sheet and other

Total assets, start of year
$12,811,008
Total assets, end of year
$13,309,419
Total liabilities, end of year
$0
Net assets, end of year
$13,309,419
Fair market value of assets
$13,023,896
Qualifying distributions
$448,000
Net investment income
$910,344

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
DONALD GULBRANDSEN
217 EMERALD LANE, PALM BEACH, FL 33480
PRESIDENT/SECRETARY/DIRECT1$0
ALLISON GULBRANDSEN
217 EMERALD LANE, PALM BEACH, FL 33480
DIRECTOR1$0
990-PF for the year ended September 30, 2024: 2 people
NameTitleHours / weekCompensation
DONALD GULBRANDSEN
217 EMERALD LANE, PALM BEACH, FL 33480
PRESIDENT/SECRETARY/DIRECT1$0
ALLISON GULBRANDSEN
217 EMERALD LANE, PALM BEACH, FL 33480
DIRECTOR1$0
990-PF for the year ended September 30, 2023: 2 people
NameTitleHours / weekCompensation
DONALD GULBRANDSEN
217 EMERALD LANE, PALM BEACH, FL 33480
PRESIDENT/SECRETARY/DIRECT1$0
ALLISON GULBRANDSEN
217 EMERALD LANE, PALM BEACH, FL 33480
DIRECTOR1$0

Address and contacts

Address (IRS master file)
217 EMERALD LN, PALM BEACH, FL 33480-3613
Signed the 990-PF
DONALD GULBRANDSEN, PRESIDENT
Phone
(908) 391-7944
Return prepared by
ANDERSEN TAX 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, 2024Check at the IRS

IRS record

EIN
47-3775548
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)
$13,309,419
Income (IRS master file)
$2,008,431

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$947,370$448,959$13,309,419XML
990-PFSeptember 2024$1,494,879$653,287$12,811,008XML
990-PFSeptember 2023$4,612,313$570,995$11,969,416XML
990-PFSeptember 2022–––IRS
990-PFSeptember 2021–––IRS
990-PFSeptember 2020–––IRS
990-PFSeptember 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 47-3775548).

Questions about DONALD AND ALLISON GULBRANDSEN FOUNDATION INC

What is the EIN of DONALD AND ALLISON GULBRANDSEN FOUNDATION INC?
The employer identification number (EIN) of DONALD AND ALLISON GULBRANDSEN FOUNDATION INC is 47-3775548.
Is DONALD AND ALLISON GULBRANDSEN FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to DONALD AND ALLISON GULBRANDSEN FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does DONALD AND ALLISON GULBRANDSEN FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of DONALD AND ALLISON GULBRANDSEN 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 DONALD AND ALLISON GULBRANDSEN 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 DONALD AND ALLISON GULBRANDSEN FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does DONALD AND ALLISON GULBRANDSEN FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $947,370, expenses of $448,959 and total assets of $13,309,419 at year end.

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