Benjamin Volen Charitable Trust

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To support mae Volen senior center

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 65-6018806) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
$84K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
3 of 6
filings with a surplus
Average surplus $35K a year · 4% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
93%
of spending
93% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$84K
to officers and key staff · 11% of spending
Pay to officers and key staff is 11% of spending.
Part VII, Section A
11.7 mo
of spending, in cash
Plus $11.8M in investments, Pt X · Ln 11–13
11.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Revenue
$1.7M
+108% vs prior year
Spent
$751K
To programs
93%
Net assets
$12.5M
By yearFY2020–FY2025
Revenue
$1.7M
FY2025▲ +108%
Tap a bar for its year
Revenue by fiscal year
FY2020$376K
FY2021$1.1M
FY2022$637K
FY2023$238K
FY2024$808K
FY2025$1.7M
Expenses
$751K
FY2025▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$850K
FY2021$800K
FY2022$803K
FY2023$742K
FY2024$734K
FY2025$751K
Net assets
$12.5M
FY2025▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$11.8M
FY2021$12.2M
FY2022$12.0M
FY2023$11.5M
FY2024$11.6M
FY2025$12.5M

From the FY2025 Form 990 · 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 Jan 2002.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $697K Management & general 7% · $53K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $84K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$84,473Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
The Northern Trust Company$84,473$51,011$46,062$47,903$53,610$53,641

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Benjamin Volen Charitable Trust 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 15aNo

Programs and updates

Provides resources and services for seniors at Mae Volen Senior Center.

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1 program · $697K · in their own filed words · FY2025
01

Grant Paid to Supported Organization

Mae volen senior center

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 65-6018806) · Dispute this line
$697Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $1.4M · 2020–2024
Mae Volen Senior CenterFY2024$643,248
Mae Volen Senior CenterFY2020$788,976

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.7M
Ln 12
Other incomeLn 4–11$1.2M
Investment incomeLn 3$452K
Money outPt IX
$751K
Ln 25
Programscol B$697K
Managementcol C$53K
Owns and owesPt X
$12.5M
net assets · Ln 32
Cash and savingsLn 1–2$732K
Total assetsLn 16$12.5M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$452K
Other incomeLn 4–11$1.2M
Gains on assetsLn 7$1.2M
Total revenueLn 12$1.7M
Assets in detailPt X, end of year
CashLn 1$732K
Cash and savings togetherLn 1–2$732K
InvestmentsLn 11–13$11.8M
Total assetsLn 16$12.5M
LiabilitiesLn 26$0
Net assetsLn 32$12.5M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$359K$732K
InvestmentsLn 11–13$11.2M$11.8M
Total assetsLn 16$11.6M$12.5M
LiabilitiesLn 26$0$0
Net assetsLn 32$11.6M$12.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$658K$658K
Pay of officers and key staff (Part IX, line 5)Ln 5$84K$38K$46K
Accounting feesLn 11c$2K$875$875
Investment management feesLn 11f$0$0
Other fees for servicesLn 11g$0$0$0
Other expenses (24a–d)Ln 24$6K$15$6K
Total functional expensesLn 25$751K$697K$53K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 8, 2026 $1.7M$751K$934K$12.5M 990 PDF
FY2024Filed with the IRS May 7, 2025 $808K$734K$74K$11.6M 990 PDF
FY2023Filed with the IRS Jun 13, 2024 $238K$742K−$504K$11.5M 990 PDF
FY2022Filed with the IRS May 5, 2023 $637K$803K−$167K$12.0M 990 PDF
FY2021Filed with the IRS Jul 8, 2022 $1.1M$800K$347K$12.2M 990 PDF
FY2020Filed with the IRS May 6, 2021 $376K$850K−$474K$11.8M 990 PDF

Schedules filed Part IV

A · Public support O · Explanations R · Related orgs
See the full FY2025 990
Part I · Summary $1,684,678 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $808,329$1,684,678
I-11 Other revenue$0
I-12 Total revenuePrior year $808,329$1,684,678
I-13 Grants and similar amounts paidPrior year $643,248$658,031
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $51,011$84,473
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $39,667$8,225
I-18 Total expensesPrior year $733,926$750,729
I-19 Revenue less expensesPrior year $74,403$933,949
Part VI · Governance 2 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,684,678 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $452,380$452,380
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,232,298$1,232,298
VIII-12 Total revenueExcluded from tax $1,684,678$1,684,678
Part IX · Statement of functional expenses $750,729 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $658,031$658,031
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $38,482 · Management $45,991$84,473
IX-11c Accounting feesPrograms $875 · Management $875$1,750
IX-11f Investment management feesManagement $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0$0
IX-24 Other expenses (24a–d)Programs $15 · Management $6,460$6,475
IX-25 Total functional expensesPrograms $697,403 · Management $53,326 · Fundraising $0$750,729
Part X · Balance sheet $12,507,262 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $359,364$732,009
X-11 Publicly traded securitiesStart of year $11,220,087$11,775,253
X-16 Total assetsStart of year $11,579,451$12,507,262
X-26 Total liabilitiesStart of year $0$0
X-29 Capital stock or trust principalStart of year $11,579,451$12,507,262
X-32 Total net assets or fund balancesStart of year $11,579,451$12,507,262
X-33 Total liabilities and net assetsStart of year $11,579,451$12,507,262
Part XI · Reconciliation of net assets $12,507,262 net assets at year end
XI-1 Total revenue$1,684,678
XI-2 Total expenses$750,729
XI-3 Revenue less expenses$933,949
XI-4 Net assets at start of year$11,579,451
XI-9 Other changes in net assets−$6,138
XI-10 Net assets at end of year$12,507,262

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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