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Nonprofit · EIN 87-2485317

AVIS AND CLIFFORD BARRUS MEDICAL FOUNDATION INC

Tax-exempt · NEW YORK, NY 10020

Financials

$2.1M$2M2023$1.1M$2M2024
Revenue Expenses · by fiscal year end
Financials of AVIS AND CLIFFORD BARRUS MEDICAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,066,767$2,037,125-$970,358$16,995$0$16,995
December 31, 2023990-PF$2,053,059$2,006,058$47,001$97,733$0$97,733
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,066,767

Expenses

Grants and similar amounts paid
$1,850,000
Compensation of officers, directors and key employees
$109,832
Disbursements for charitable purposes
$1,912,315
Excise tax on investment income
$13,602

Balance sheet and other

Total assets, start of year
$97,733
Total assets, end of year
$16,995
Total liabilities, end of year
$0
Net assets, end of year
$16,995
Fair market value of assets
$29,934,515
Qualifying distributions
$1,912,315
Net investment income
$1,066,767

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
PETER BURKLY
C/O BESSEMER TRUST 1271 AVE OF THE, AMERICAS42 FL, NEW YORK, NY 10020
TREASURER, VICE PRESIDENT1$62,761
CELESTE COOPER - RESIGNED 11062024
C/O BESSEMER TRUST 1271 AVE OF THE, AMERICAS42 FL, NEW YORK, NY 10020
CHAIR, PRESIDENT1$47,071
ELIZABETH PARRY
C/O BESSEMER TRUST 1271 AVE OF THE, AMERICAS42 FL, NEW YORK, NY 10020
CHAIR, PRESIDENT1$0
ANDREW TANSEY
C/O BESSEMER TRUST 1271 AVE OF THE, AMERICAS42 FL, NEW YORK, NY 10020
SECRETARY1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
PETER BURKLY
C/O BESSEMER TRUST 1271 AVE OF THE, AMERICAS42 FL, NEW YORK, NY 10020
DIRECTOR,VICE PRESIDENT1$74,363
CELESTE B COOPER
C/O BESSEMER TRUST 1271 AVE OF THE, AMERICAS42 FL, NEW YORK, NY 10020
DIRECTOR, PRESIDENT1$59,248
ELIZABETH PARRY
C/O BESSEMER TRUST 1271 AVE OF THE, AMERICAS42 FL, NEW YORK, NY 10020
SECRETARY, TREASURER1$0

Address and contacts

Address (IRS master file)
1271 AVENUE OF THE AMERICAS FL 42, NEW YORK, NY 10020-1401
Signed the 990-PF
ELIZABETH COOPER PARRY, TREASURER
Phone
(516) 508-9623
Return prepared by
BESSEMER TRUST CO NA

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
87-2485317
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
Assets (IRS master file)
$16,995
Income (IRS master file)
$1,066,767

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,066,767$2,037,125$16,995IRS
990-PFDecember 2023$2,053,059$2,006,058$97,733XML
990-PFDecember 2022–––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 87-2485317).

Questions about AVIS AND CLIFFORD BARRUS MEDICAL FOUNDATION INC

What is the EIN of AVIS AND CLIFFORD BARRUS MEDICAL FOUNDATION INC?
The employer identification number (EIN) of AVIS AND CLIFFORD BARRUS MEDICAL FOUNDATION INC is 87-2485317.
Is AVIS AND CLIFFORD BARRUS MEDICAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to AVIS AND CLIFFORD BARRUS MEDICAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does AVIS AND CLIFFORD BARRUS MEDICAL FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of AVIS AND CLIFFORD BARRUS MEDICAL 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 AVIS AND CLIFFORD BARRUS MEDICAL 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 AVIS AND CLIFFORD BARRUS MEDICAL FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $62,761 (PETER BURKLY, TREASURER, VICE PRESIDENT).
How much revenue does AVIS AND CLIFFORD BARRUS MEDICAL FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,066,767, expenses of $2,037,125 and total assets of $16,995 at year end.

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