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Nonprofit · EIN 85-0479295

REALTY GIFT FUND

Tax-exempt · SANTA FE, NM 87505

Financials

$12.5M$8.9M2023$20.8M$15.7M2024
Revenue Expenses · by fiscal year end
Financials of REALTY GIFT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$20,802,312$15,744,014$5,058,298$13,112,338$991,117$12,121,221
December 31, 2023990-PF$12,532,057$8,932,111$3,599,946$7,766,369$703,446$7,062,923
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$24,339,000
Interest
$36,275
Net rental income
$42,523
Other income
$78,369

Expenses

Grants and similar amounts paid
$13,618,700
Compensation of officers, directors and key employees
$327,000
Salaries, compensation and benefits (total)
$87,380
Disbursements for charitable purposes
$14,617,558
Excise tax on investment income
$1,372

Balance sheet and other

Total assets, start of year
$7,766,369
Total assets, end of year
$13,112,338
Total liabilities, end of year
$991,117
Net assets, end of year
$12,121,221
Fair market value of assets
$13,112,338
Qualifying distributions
$14,617,558
Net investment income
$116,667

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
JOHN J GRAB
100 LASALLE CIRCLE SUITE B, SANTA FE, NM 87505
PRESIDENT/CHIEF EXECUTIVE OFFICER40$130,000
BRUCE A GEISS
100 LASALLE CIRCLE SUITE B, SANTA FE, NM 87505
VICE PRESIDENT/CHIEF OPERATING OFFICER40$130,000
TREVOR J KUSIAK
100 LASALLE CIRCLE SUITE B, SANTA FE, NM 87505
TRANSACTION COORDINA
Highest-paid employee
40$91,300
ANITA MARTINEZ
100 LASALLE CIRCLE SUITE B, SANTA FE, NM 87505
SECRETARY20$67,000
NEEL LANE
100 LASALLE CIRCLE SUITE B, SANTA FE, NM 87505
DIRECTOR1$0
BRIAN GONZALES
100 LASALLE CIRCLE SUITE B, SANTA FE, NM 87505
DIRECTOR1$0
RACHEL KELLY
100 LASALLE CIRCLE SUITE B, SANTA FE, NM 87505
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
JOHN J GRAB
100 LASALLE CIRCLE SUITE B, SANTA FE, NM 87505
PRESIDENT/CHIEF EXECUTIVE OFFICER40$155,000
BRUCE A GEISS
100 LASALLE CIRCLE SUITE B, SANTA FE, NM 87505
VICE PRESIDENT/CHIEF OPERATING OFFICER40$155,000
TREVOR J KUSIAK
100 LASALLE CIRCLE SUITE B, SANTA FE, NM 87505
CHIEF TRANSACTION OF
Highest-paid employee
40$76,300
ANITA MARTINEZ
100 LASALLE CIRCLE SUITE B, SANTA FE, NM 87505
SECRETARY20$58,597
NEEL LANE
100 LASALLE CIRCLE SUITE B, SANTA FE, NM 87505
DIRECTOR1$0
BRIAN GONZALES
100 LASALLE CIRCLE SUITE B, SANTA FE, NM 87505
DIRECTOR1$0
RACHEL KELLY
100 LASALLE CIRCLE SUITE B, SANTA FE, NM 87505
DIRECTOR1$0

Address and contacts

Address (IRS master file)
100 LA SALLE CIR STE B, SANTA FE, NM 87505-6976
Mailing address (990-N for 2015)
PO Box 22865, Santa Fe NM 875022865
Principal officer (990-N for 2015)
Chase Magnuson, PO Box 22865, Santa Fe NM 875022865
Signed the 990-PF
JOHN J GRAB, PRESIDENT/CHIEF EXECUTIVE OFFICER
Phone
(505) 690-7174
Return prepared by
BAKER TILLY ADVISORY GROUP LP

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
85-0479295
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2001
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Environment (C34)
Assets (IRS master file)
$13,112,338
Income (IRS master file)
$43,922,312

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$20,802,312$15,744,014$13,112,338XML
990-PFDecember 2023$12,532,057$8,932,111$7,766,369XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-N for 2015
Officer: Chase Magnuson
December 31, 2015≤ $50,000 receipts––e-Postcard

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 85-0479295).

Questions about REALTY GIFT FUND

What is the EIN of REALTY GIFT FUND?
The employer identification number (EIN) of REALTY GIFT FUND is 85-0479295.
Is REALTY GIFT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to REALTY GIFT FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does REALTY GIFT FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of REALTY GIFT FUND 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 REALTY GIFT FUND last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who is the principal officer of REALTY GIFT FUND?
The 990-N for 2015 names Chase Magnuson.
Who are the officers and directors of REALTY GIFT FUND?
The 990-PF for the year ended December 31, 2024 lists 7 people; 4 received compensation from the organization, the highest $130,000 (JOHN J GRAB, PRESIDENT/CHIEF EXECUTIVE OFFICER).
How much revenue does REALTY GIFT FUND have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $20,802,312, expenses of $15,744,014 and total assets of $13,112,338 at year end.

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