Nonprofit · EIN 61-1129707
BINGHAM FUND FOR EXCELLENCE IN TEACHING AT TRANSYLVANIA UNIV
Tax-exempt · LEXINGTON, KY 40508
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,204,983 | $3,697,234 | -$1,492,251 | $147,338,794 | $7,112 | $147,331,682 |
| June 30, 2024 | 990 | $2,201,322 | $2,850,040 | -$648,718 | $130,631,434 | $0 | $130,631,434 |
| June 30, 2023 | 990 | $2,911,539 | $2,307,805 | $603,734 | $115,652,243 | $0 | $115,652,243 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $2,204,983
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $83,000
- Other salaries and wages
- $2,092,399
- Salaries, compensation and benefits (total)
- $2,698,583
- Professional fundraising fees
- $0
- Travel
- $103,409
- Program services (functional)
- $3,482,942
- Management and general (functional)
- $214,292
Balance sheet and other
- Total assets, start of year
- $130,631,434
- Total assets, end of year
- $147,338,794
- Total liabilities, end of year
- $7,112
- Net assets, end of year
- $147,331,682
- Publicly traded securities
- $81,973,871
- Net assets with donor restrictions
- $147,331,682
- Gross receipts
- $2,204,983
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1987
- State of legal domicile
- KY
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM BRIEN LEWIS | TRUSTEE Trustee or director | 1 | $0 | $400,609 | $58,251 |
| DR JOHN WILLIAMS | EXECUTIVE DIRECTOR Trustee or director, Officer | 10 | $0 | $33,000 | $0 |
| DR SARAH STANBURY | TRUSTEE Trustee or director | 1 | $0 | $25,000 | $0 |
| DR JONATHAN BERKEY | TRUSTEE Trustee or director | 1 | $0 | $25,000 | $0 |
| MR CHRISTOPHER H YOUNG | TRUSTEE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MR GEORGE BRANCH | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MS CAROL L JONES | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DR DAN JONES | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MR WILLIAM T YOUNG JR | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Mr Brien Lewis | Trustee Trustee or director | 1 | $0 | $437,461 | $47,389 |
| Dr John Williams | Executive Director Trustee or director | 10 | $0 | $36,000 | $0 |
| Dr Sarah Stanbury | Trustee Trustee or director | 1 | $0 | $20,000 | $0 |
| Dr Jonathan Berkey | Trustee Trustee or director | 1 | $0 | $20,000 | $0 |
| Mr George Branch | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Mr Norwood Cowgill | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Ms Carol L Jones | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Dr Dan Jones | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Dr John K Roth | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Mr William T Young Jr | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Mr Christopher H Young | Chair Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Mr Brien Lewis | Trustee Trustee or director | 1 | $0 | $417,361 | $41,682 |
| Dr Sarah Stanbury | Trustee Trustee or director | 1 | $0 | $20,000 | $0 |
| Dr Jonathan Berkey | Trustee Trustee or director | 1 | $0 | $10,000 | $0 |
| Mr George Branch | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Mr Norwood Cowgill | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Ms Carol L Jones | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Dr Dan Jones | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Dr John K Roth | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Mr William T Young Jr | Trustee Trustee or director | 1 | $0 | $0 | $0 |
| Mr Christopher H Young | Chair Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 300 NORTH BROADWAY, LEXINGTON, KY 40508-1797
- Principal officer (990 for 2024)
- LISA CUSTARDO, 300 NORTH BROADWAY, LEXINGTON, KY 40508
- Signed the 990
- LISA CUSTARDO, CHIEF FINANCIAL OFFICER
- Phone
- (859) 233-8100
- Return prepared by
- BLUE & CO LLC
Mission
THE TRUST WAS ESTABLISHED IN 1987 IN CELEBRATION OF THE CONTINUAL QUEST OF THE HUMAN RACE FOR KNOWLEDGE AND THE SERVICE OF TEACHERS AS THE GUIDES ALONG THE COMPLEX PATHS OF EDUCATION. THE SETTLORS WHO ESTABLISHED THE TRUST DID SO WITH THE FERVENT HOPE AND DESIRE THAT IT WILL SERVE AS A SOURCE OF INNOVATION AND MOTIVATION IN THE FURTHERANCE OF EDUCATIONAL EXCELLENCE THROUGH TEACHING AT TRANSYLVANIA UNIVERSITY. THE FUND WAS DESIGNED TO PROMOTE TEACHING EXCELLENCE AND DEDICATION AMONG THE FACULTY OF TRANSYLVANIA THROUGH THE GRANTING OF BINGHAM AWARDS TO INDIVIDUAL TEACHERS OF EXCEPTIONAL ABILITY WHO DEMONSTRATE EXCELLENT TEACHING QUALITIES.
Program accomplishments
- FACULTY SALARY SUPPLEMENTS AND RELATED FRINGE BENEFITSExpenses $2,568,135
- FACULTY DEVELOPMENT GRANTS, TECHNOLOGY INITIATIVE EXPENDITURES AND VARIOUS SELECTION COMMITTEE EXPENSESExpenses $914,807
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 61-1129707
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $147,338,794
- Income (IRS master file)
- $2,204,983
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,204,983 | $3,697,234 | $147,338,794 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $2,201,322 | $2,850,040 | $130,631,434 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $2,911,539 | $2,307,805 | $115,652,243 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $2,048,906 | $2,227,205 | $103,294,349 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 61-1129707).
Questions about BINGHAM FUND FOR EXCELLENCE IN TEACHING AT TRANSYLVANIA UNIV
- What is the EIN of BINGHAM FUND FOR EXCELLENCE IN TEACHING AT TRANSYLVANIA UNIV?
- The employer identification number (EIN) of BINGHAM FUND FOR EXCELLENCE IN TEACHING AT TRANSYLVANIA UNIV is 61-1129707.
- Is BINGHAM FUND FOR EXCELLENCE IN TEACHING AT TRANSYLVANIA UNIV tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to BINGHAM FUND FOR EXCELLENCE IN TEACHING AT TRANSYLVANIA UNIV tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does BINGHAM FUND FOR EXCELLENCE IN TEACHING AT TRANSYLVANIA UNIV 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 BINGHAM FUND FOR EXCELLENCE IN TEACHING AT TRANSYLVANIA UNIV due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BINGHAM FUND FOR EXCELLENCE IN TEACHING AT TRANSYLVANIA UNIV last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BINGHAM FUND FOR EXCELLENCE IN TEACHING AT TRANSYLVANIA UNIV?
- The 990 for the year ended June 30, 2025 names LISA CUSTARDO.
- Who are the officers and directors of BINGHAM FUND FOR EXCELLENCE IN TEACHING AT TRANSYLVANIA UNIV?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does BINGHAM FUND FOR EXCELLENCE IN TEACHING AT TRANSYLVANIA UNIV have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,204,983, expenses of $3,697,234 and total assets of $147,338,794 at year end.
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