Nonprofit · EIN 87-2044217
TIMOTHY AND MARGARET BUSCH FAMILY FOUNDATION INC
Tax-exempt · PITTSFORD, NY 14534
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $66,646 | $87,270 | -$20,624 | $1,248,698 | $0 | $1,248,698 |
| December 31, 2023 | 990-PF | $25,338 | $82,698 | -$57,360 | $1,278,446 | $0 | $1,278,446 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $57,592
- Net gain from sales of assets
- $9,054
Expenses
- Grants and similar amounts paid
- $52,882
- Compensation of officers, directors and key employees
- $29,000
- Disbursements for charitable purposes
- $82,643
- Excise tax on investment income
- $797
Balance sheet and other
- Total assets, start of year
- $1,278,446
- Total assets, end of year
- $1,248,698
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,248,698
- Fair market value of assets
- $1,309,529
- Qualifying distributions
- $82,643
- Net investment income
- $61,715
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN C BUSCH 1684 GATES AVE APT 1R, RIDGEWOOD, NY 11385 | DIRECTOR | 3 | $12,000 |
| ALEXANDER BUSCH 70 PINE ST APT 1807, NEW YORK, NY 10005 | DIRECTOR | 3 | $11,000 |
| JOHN R CINQUINO 138 CRYSTAL SPRINGS LANE, E AMHERST, NY 14051 | TREASURER | 3.5 | $6,000 |
| TIMOTHY C BUSCH 12 STEFENAGE COURT, PITTSFORD, NY 14534 | PRESIDENT | 2 | $0 |
| MARGARET L BUSCH 12 STEFENAGE COURT, PITTSFORD, NY 14534 | SECRETARY | 2 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEXANDER BUSCH 300 NEWARK STREET APT 1L, HOBOKEN, NJ 07030 | DIRECTOR | 3 | $12,000 |
| BENJAMIN C BUSCH 563 N HOOVER STREET UNIT 06, LOS ANGELES, CA 90004 | DIRECTOR | 3 | $12,000 |
| JOHN R CINQUINO 138 CRYSTAL SPRINGS LANE, E AMHERST, NY 14051 | TREASURER | 3.5 | $6,000 |
| TIMOTHY C BUSCH 12 STEFENAGE COURT, PITTSFORD, NY 14534 | PRESIDENT | 2 | $0 |
| MARGARET L BUSCH 12 STEFENAGE COURT, PITTSFORD, NY 14534 | SECRETARY | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 125 SULLYS TRL STE 5B, PITTSFORD, NY 14534-4566
- Signed the 990-PF
- JOHN R CINQUINO, TREASURER
- Phone
- (585) 943-8080
- Return prepared by
- DEJOY & CO CPAS 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not 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
- 87-2044217
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,248,698
- Income (IRS master file)
- $480,015
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $66,646 | $87,270 | $1,248,698 | IRS |
| 990-PF | December 2023 | $25,338 | $82,698 | $1,278,446 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | 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 87-2044217).
Questions about TIMOTHY AND MARGARET BUSCH FAMILY FOUNDATION INC
- What is the EIN of TIMOTHY AND MARGARET BUSCH FAMILY FOUNDATION INC?
- The employer identification number (EIN) of TIMOTHY AND MARGARET BUSCH FAMILY FOUNDATION INC is 87-2044217.
- Is TIMOTHY AND MARGARET BUSCH FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to TIMOTHY AND MARGARET BUSCH FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does TIMOTHY AND MARGARET BUSCH FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of TIMOTHY AND MARGARET BUSCH FAMILY 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 TIMOTHY AND MARGARET BUSCH FAMILY 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 TIMOTHY AND MARGARET BUSCH FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 3 received compensation from the organization, the highest $12,000 (BENJAMIN C BUSCH, DIRECTOR).
- How much revenue does TIMOTHY AND MARGARET BUSCH FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $66,646, expenses of $87,270 and total assets of $1,248,698 at year end.
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