Beverly Farm Endowment Fund INC

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Beverly Farm Endowment Fund accepts public donations and maintains a portfolio of investments for the Beverly Farm foundation. The Endowment Fund provides funds for special projects to the foundation and is responsive to their needs for capital.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 37-1237368) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
Run by 9 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.4M a year · 97% of revenue · last 5 filings
A surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
0% of spending went to programs.
Pt IX · Ln 25 · col B
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
9
of 9 voting members
9 of 9 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$956K
+83% vs prior year
Spent
$115
To programs
0%
Net assets
$22.6M
By yearFY2021–FY2025
Revenue
$956K
FY2025▲ +83%
Tap a bar for its year
Revenue by fiscal year
FY2021$3.4M
FY2022$890K
FY2023$1.3M
FY2024$524K
FY2025$956K
Expenses
$115
FY2025
Tap a bar for its year
Expenses by fiscal year
FY2021$156K
FY2022$62K
FY2023$0
FY2024$0
FY2025$115
Net assets
$22.6M
FY2025▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2021$24.0M
FY2022$21.1M
FY2023$20.6M
FY2024$21.7M
FY2025$22.6M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $115

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Beverly Farm Endowment Fund INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Manages investments and accepts donations to fund special projects and capital needs.

Questions for Beverly Farm Endowment Fund INC

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1 program · in their own filed words · FY2024
01

Promote the general welfare of beverly farm foundation, another 501(c)3 organization.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 37-1237368) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$956K
Ln 12
Investment incomeLn 3$600K
Other incomeLn 4–11$356K
Money outPt IX
$115
Ln 25
Managementcol C$115
Owns and owesPt X
$22.6M
net assets · Ln 32
Total assetsLn 16$22.6M
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$600K
Other incomeLn 4–11$356K
Gains on assetsLn 7$356K
Total revenueLn 12$956K
Assets in detailPt X, end of year
InvestmentsLn 11–13$22.6M
Other assetsLn 15$44K
Total assetsLn 16$22.6M
LiabilitiesLn 26$0
Net assetsLn 32$22.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 69
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
EndowmentSch D · Pt V
LineFY25FY24FY23FY22FY21
End of yearLn 1g$22.6M$21.7M$20.6M$21.1M$24.0M
AddedLn 1b$555K$8K$2.6M
SpentLn 1d–1f$1.2M$986K$2.7M$803K$990K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
InvestmentsLn 11–13$20.2M$22.6M
Total assetsLn 16$21.7M$22.6M
LiabilitiesLn 26$0$0
Net assetsLn 32$21.7M$22.6M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other expenses (24a–d)Ln 24$115$115
Total functional expensesLn 25$115$0$115$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Feb 5, 2026 $956K$115$956K$22.6M 990 PDF
FY2024Filed with the IRS Dec 24, 2024 $524K$0$524K$21.7M 990 PDF
FY2023Filed with the IRS Feb 24, 2024 $1.3M$0$1.3M$20.6M 990 PDF
FY2022Filed with the IRS Nov 11, 2022 $890K$62K$829K$21.1M 990 PDF
FY2021Filed with the IRS Nov 3, 2021 $3.4M$156K$3.3M$24.0M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations
See the full FY2025 990
Part I · Summary $955,875 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $523,587$955,875
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $523,587$955,875
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $0$115
I-18 Total expensesPrior year $0$115
I-19 Revenue less expensesPrior year $523,587$955,760
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $955,875 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $600,150$600,150
VIII-7 Net gain or loss on sales of assetsExcluded from tax $355,725$355,725
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $955,875$955,875
Part IX · Statement of functional expenses $115 across 1 line filed
IX-24 Other expenses (24a–d)Management $115$115
IX-25 Total functional expensesPrograms $0 · Management $115 · Fundraising $0$115
Part X · Balance sheet $22,604,531 assets, 7 lines filed
X-11 Publicly traded securitiesStart of year $20,225,079$22,560,182
X-15 Other assetsStart of year $1,500,000$44,349
X-16 Total assetsStart of year $21,725,079$22,604,531
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $21,725,079$22,604,531
X-32 Total net assets or fund balancesStart of year $21,725,079$22,604,531
X-33 Total liabilities and net assetsStart of year $21,725,079$22,604,531
Part XI · Reconciliation of net assets $22,604,531 net assets at year end
XI-1 Total revenue$955,875
XI-2 Total expenses$115
XI-3 Revenue less expenses$955,760
XI-4 Net assets at start of year$21,725,079
XI-5 Net unrealized gains (losses) on investments$1,078,312
XI-9 Other changes in net assets−$1,154,620
XI-10 Net assets at end of year$22,604,531

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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