Nonprofit · EIN 83-6564321
GALLO FAMILY FOUNDATION
Also known as ROBERT AND KIM GALLO TTEE
Tax-exempt · PALATINE, IL 60074
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $3,277,211 | $566,932 | $2,710,279 | $5,720,466 | $0 | $5,720,466 |
| December 31, 2024 | 990-PF | $965,763 | $493,172 | $472,591 | $3,010,187 | $0 | $3,010,187 |
| December 31, 2023 | 990-PF | $1,288,322 | $472,981 | $815,341 | $2,539,671 | $2,075 | $2,537,596 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $888,394
- Dividends
- $109,005
- Interest
- $135
- Net gain from sales of assets
- $2,279,677
Expenses
- Grants and similar amounts paid
- $343,809
- Salaries, compensation and benefits (total)
- $82,898
- Disbursements for charitable purposes
- $525,338
- Excise tax on investment income
- $1,966
Balance sheet and other
- Total assets, start of year
- $3,010,187
- Total assets, end of year
- $5,720,466
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,720,466
- Fair market value of assets
- $7,247,793
- Qualifying distributions
- $525,338
- Net investment income
- $181,438
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT GALLO 734 TARBAT COURT, BARRINGTON, IL 60010 | TRUSTEE | 0 | $0 |
| KIM GALLO 734 TARBAT COURT, BARRINGTON, IL 60010 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT GALLO 734 TARBAT COURT, BARRINGTON, IL 60010 | TRUSTEE | 0 | $0 |
| KIM GALLO 734 TARBAT COURT, BARRINGTON, IL 60010 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT GALLO 734 TARBAT COURT, BARRINGTON, IL 60010 | TRUSTEE | 0 | $0 |
| KIM GALLO 734 TARBAT COURT, BARRINGTON, IL 60010 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 738 E DUNDEE RD PMB 274, PALATINE, IL 60074-2858
- Signed the 990-PF
- ROBERT GALLO, TRUSTEE
- Phone
- (847) 348-9505
- Return prepared by
- BRYANT & DAVALLE PC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 83-6564321
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $5,720,466
- Income (IRS master file)
- $5,032,223
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $3,277,211 | $566,932 | $5,720,466 | IRS |
| 990-PF | December 2024 | $965,763 | $493,172 | $3,010,187 | XML |
| 990-PF | December 2023 | $1,288,322 | $472,981 | $2,539,671 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 83-6564321).
Questions about GALLO FAMILY FOUNDATION
- What is the EIN of GALLO FAMILY FOUNDATION?
- The employer identification number (EIN) of GALLO FAMILY FOUNDATION is 83-6564321.
- Is GALLO FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to GALLO FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GALLO FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GALLO FAMILY FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GALLO FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of GALLO FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does GALLO FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $3,277,211, expenses of $566,932 and total assets of $5,720,466 at year end.
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