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Nonprofit · EIN 81-7001052

ONCE HERE FOUNDATION

Also known as KARL E BANDTEL TTEE

Tax-exempt · CAMBRIDGE, MA 02138

Financials

$3.4M$2.8M2023$24M$2.8M2024
Revenue Expenses · by fiscal year end
Financials of ONCE HERE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$23,972,301$2,807,715$21,164,586$52,841,531$0$52,841,531
December 31, 2023990-PF$3,439,034$2,765,498$673,536$41,062,229$0$41,062,229
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$12,051,722
Dividends
$1,384,450
Interest
$58,306
Net rental income
$3
Net gain from sales of assets
$10,477,817
Other income
$3

Expenses

Grants and similar amounts paid
$2,750,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$2,750,746
Excise tax on investment income
$165,576

Balance sheet and other

Total assets, start of year
$41,062,229
Total assets, end of year
$52,841,531
Total liabilities, end of year
$0
Net assets, end of year
$52,841,531
Fair market value of assets
$62,245,700
Qualifying distributions
$2,750,746
Net investment income
$11,919,247

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
KARL BANDTEL
17 HIGHLAND STREET, CAMBRIDGE, MA 02138
TRUSTEE1$0
FARLEY URMSTON
17 HIGHLAND STREET, CAMBRIDGE, MA 02138
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
KARL BANDTEL
17 HIGHLAND STREET, CAMBRIDGE, MA 02138
TRUSTEE1$0
FARLEY URMSTON
17 HIGHLAND STREET, CAMBRIDGE, MA 02138
TRUSTEE1$0

Address and contacts

Address (IRS master file)
17 HIGHLAND ST, CAMBRIDGE, MA 02138-2209
In care of
% KARL BANDTEL
Signed the 990-PF
KARL BANDTEL, Trustee
Phone
(781) 455-1400
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 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
81-7001052
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
2018
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$52,841,531
Income (IRS master file)
$26,848,283

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$23,972,301$2,807,715$52,841,531IRS
990-PFDecember 2023$3,439,034$2,765,498$41,062,229XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 81-7001052).

Questions about ONCE HERE FOUNDATION

What is the EIN of ONCE HERE FOUNDATION?
The employer identification number (EIN) of ONCE HERE FOUNDATION is 81-7001052.
Is ONCE HERE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to ONCE HERE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ONCE HERE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ONCE HERE FOUNDATION 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 ONCE HERE FOUNDATION 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 ONCE HERE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does ONCE HERE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $23,972,301, expenses of $2,807,715 and total assets of $52,841,531 at year end.

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