Skip to main content

Nonprofit · EIN 88-0268986

TORREY FOUNDATION

Tax-exempt · BERKELEY, CA 94705

Financials

$642K$1.3M2023$1.1M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of TORREY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,067,724$1,170,828-$103,104$16,249,051$0$16,249,051
December 31, 2023990-PF$641,780$1,281,649-$639,869$15,880,000$0$15,880,000
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$318,324
Interest
$81,160
Net gain from sales of assets
$658,935
Other income
$9,305

Expenses

Grants and similar amounts paid
$1,000,010
Disbursements for charitable purposes
$1,000,010
Excise tax on investment income
$12,388

Balance sheet and other

Total assets, start of year
$15,880,000
Total assets, end of year
$16,249,051
Total liabilities, end of year
$0
Net assets, end of year
$16,249,051
Fair market value of assets
$16,249,051
Qualifying distributions
$1,000,010
Net investment income
$1,062,064

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
T WILSON
C/O ABACUS 101 S MAIN STREET, SEBASTOPOL, CA 95472
PRESIDENT/SE0$0
M WILSON
C/O ABACUS 101 S MAIN STREET, SEBASTOPOL, CA 95472
TREASURER0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
T WILSON
C/O ABACUS 101 S MAIN STREET, SEBASTOPOL, CA 95472
PRESIDENT/SE10$0
MAYA CHAKKO
C/O ABACUS 101 S MAIN STREET, SEBASTOPOL, CA 95472
TREASURER10$0

Address and contacts

Address (IRS master file)
2625 ALCATRAZ 211, BERKELEY, CA 94705-2702
Signed the 990-PF
T WILSON, PRESIDENT/SECRETARY
Phone
(707) 861-8004
Return prepared by
THE HENRY LEVY GROUP

California records

California keeps its own records of charities and corporations. Search them by EIN 88-0268986 or by the name TORREY FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

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
88-0268986
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
1991
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$16,249,051
Income (IRS master file)
$4,004,314

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,067,724$1,170,828$16,249,051XML
990-PFDecember 2023$641,780$1,281,649$15,880,000XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 88-0268986).

Questions about TORREY FOUNDATION

What is the EIN of TORREY FOUNDATION?
The employer identification number (EIN) of TORREY FOUNDATION is 88-0268986.
Is TORREY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to TORREY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does TORREY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of TORREY 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 TORREY 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 TORREY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does TORREY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,067,724, expenses of $1,170,828 and total assets of $16,249,051 at year end.

Other nonprofits in BERKELEY

All nonprofits in BERKELEY · California