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Nonprofiteer
← BUCHANAN FRIENDSHIP FOUNDATION

Form 990 for tax year 2025

Filed by BUCHANAN FRIENDSHIP FOUNDATION.

Totals

Total revenue
$53,683,601
Total expenses
$29,106
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$53,683,601
Other revenue
$0
Total assets, end of year
$1,876,956,056
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,876,956,056
Program services expenses (Part IX)
$0
Management and general expenses
$29,106
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $169,921 · excluded $169,921

  • 7a · Gross sales of assets other than inventory

    securities $122,164,759

  • 7b · Less cost or other basis and sales expenses

    securities $68,651,079

  • 7c · Gain or loss

    securities $53,513,680

  • 7d · Net gain or loss

    total $53,513,680 · excluded $53,513,680

Functional expenses

Part IX, the statement of functional expenses.

  • 11f · Fees: investment management

    total $23,463 · management and general $23,463

  • 23 · Insurance

    total $5,542 · management and general $5,542

  • 24a · Other expenses: FILING FEES

    total $101 · management and general $101

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $52,023 · end of year $47,333

  • 2 · Savings and temporary cash investments

    beginning of year $36,354,621 · end of year $38,774,305

  • 11 · Investments: publicly traded securities

    beginning of year $47,121,725 · end of year $52,757,701

  • 12 · Investments: other securities

    beginning of year $1,752,989,466 · end of year $1,785,376,717

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,836,517,835 · end of year $1,876,956,056

Mission and programs · 2025

Mission

THE FOUNDATION DEVOTES ITS PROPERTY TO FUNDING AND DEVELOPING PHILANTHROPIC PROJECTS THAT PROMOTE SOCIAL WELFARE (INCLUDING FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES) WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE").

Activities or mission (Part I)

THE FOUNDATION IS DEVOTED TO FUNDING AND DEVELOPING PHILANTHROPIC PROJECTS THAT PROMOTE SOCIAL WELFARE.

  • THE FOUNDATION DEVOTES ITS PROPERTY TO FUNDING AND DEVELOPING PHILANTHROPIC PROJECTS THAT PROMOTE SOCIAL WELFARE (INCLUDING FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES) WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE").

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • William Buchanan Gray

    COUNCILLOR

    Total calculated
    $0
    Hours/week
    1
  • Alicia Nimo Saavedra

    COUNCILLOR

    Total calculated
    $0
    Hours/week
    1
  • Adrian Harbour

    GUARDIAN

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • BUCHANAN HOUSING TRUST

    T · INVESTMENT IN REAL ESTATE · MA

  • LOVE LANE TRUST

    T · INVESTMENT IN REAL ESTATE · MA

Provenance

Return type
form_990
Tax year
2025
Filed
29 April 2026
IRS schema version
2025v4.1
Source object
202601199349300330

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