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Nonprofit · EIN 94-3287648

GILHULY FAMILY FOUNDATION

Also known as GILHULY EDWARD A & KAREN H TTEE

Tax-exempt · ALBANY, NY 12212

Financials

$2.1M$2.6M2022$581K$2.6M2023
Revenue Expenses · by fiscal year end
Financials of GILHULY FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
November 30, 2024990-PF$581,306$2,574,191-$1,992,885$7,853,512$0$7,853,512
November 30, 2023990-PF$2,146,514$2,567,735-$421,221$8,877,738$0$8,877,738
Financial details: 990-PF for the year ended November 30, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$195,769
Interest
$10,048
Net gain from sales of assets
$409,734
Other income
-$34,245

Expenses

Grants and similar amounts paid
$2,540,398
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$2,540,673
Excise tax on investment income
$7,614

Balance sheet and other

Total assets, start of year
$8,877,738
Total assets, end of year
$7,853,512
Total liabilities, end of year
$0
Net assets, end of year
$7,853,512
Fair market value of assets
$12,551,148
Qualifying distributions
$2,540,673
Net investment income
$581,306

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 November 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
EDWARD GILHULY
C/O GOLDMAN SACHS AYCO PO BOX 15201, Albany, NY 122125201
TRUSTEE1$0
KAREN GILHULY
C/O GOLDMAN SACHS AYCO PO BOX 15201, Albany, NY 122125201
TRUSTEE1$0
990-PF for the year ended November 30, 2023: 2 people
NameTitleHours / weekCompensation
EDWARD GILHULY
c/o The Ayco Company PO Box 15201, Albany, NY 122125201
TRUSTEE1$0
KAREN GILHULY
c/o The Ayco Company PO Box 15201, Albany, NY 122125201
TRUSTEE1$0

Address and contacts

Address (IRS master file)
PO BOX 15201, ALBANY, NY 12212-5201
In care of
% GOLDMAN SACHS WEALTH SERVICE
Signed the 990-PF
Edward Gilhuly, trustee
Phone
(518) 640-5000
Return prepared by
ERNST & YOUNG US 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 November, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024November 30, 2025April 15, 2026Not on file
2023November 30, 2024April 15, 2025990-PF on file
2022November 30, 2023April 15, 2024990-PF on file

IRS record

EIN
94-3287648
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
1998
Accounting year ends
November
Files
Form 990-PF
Assets (IRS master file)
$7,853,512
Income (IRS master file)
$743,084

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFNovember 2024$581,306$2,574,191$7,853,512XML
990-PFNovember 2023$2,146,514$2,567,735$8,877,738XML
990-PFNovember 2022–––IRS
990-PFNovember 2021–––IRS
990-PFNovember 2020–––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 94-3287648).

Questions about GILHULY FAMILY FOUNDATION

What is the EIN of GILHULY FAMILY FOUNDATION?
The employer identification number (EIN) of GILHULY FAMILY FOUNDATION is 94-3287648.
Is GILHULY FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to GILHULY FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GILHULY FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of GILHULY FAMILY FOUNDATION due?
The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GILHULY FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended November 2024.
Who are the officers and directors of GILHULY FAMILY FOUNDATION?
The 990-PF for the year ended November 30, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does GILHULY FAMILY FOUNDATION have?
On its 990-PF for the year ended November 30, 2024 it reported revenue of $581,306, expenses of $2,574,191 and total assets of $7,853,512 at year end.

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