Furtherance Fund Inc

New York, NY
Tax-exempt since March 1966
EIN: 13-6195082

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$378k (2024)

Expenses

$410k (2024)

Total Assets

$4.79M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2012 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2024

Revenue

$378,280

Expenses

$410,355

Net Income

-$32,075

Net Assets

$4,791,447

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$158,125	41.8%
Interest Revenue	$86,066	22.8%
Dividends	$158,873	42.0%
Sales of Assets	-$24,784
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$395,667	96.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,791,447
Total Liabilities	$0
Net Assets	$4,791,447

Compensation

Key Employees and Officers	Compensation	Other
Robert M Olmsted Deceased (Pres./ Treas.)	$0	$0
Andrew L Tansey (Secretary)	$0	$0
Katharine H Olmsted (Member)	$0	$0
Alexandra M Olmsted (Member)	$0	$0
James F Kelly (Vice President)	$0	$0

+ View more people

990-PF

Filed on Feb. 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2023

Revenue

$798,988

Expenses

$11,497,957

Net Income

-$10,698,969

Net Assets

$4,823,522

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$158,125	19.8%
Interest Revenue	$57,623	7.2%
Dividends	$394,500	49.4%
Sales of Assets	$188,740	23.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$11,480,027	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,823,522
Total Liabilities	$0
Net Assets	$4,823,522

Compensation

Key Employees and Officers	Compensation	Other
Robert M Olmsted (Pres./ Treas.)	$0	$0
Andrew L Tansey (Secretary)	$0	$0
Katharine H Olmsted (Member)	$0	$0
Alexandra M Olmsted (Member)	$0	$0
James F Kelly (Vice President)	$0	$0

+ View more people

990-PF

Filed on Aug. 11, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2022

Revenue

$723,052

Expenses

$652,072

Net Income

$70,980

Net Assets

$8,975,569

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$158,125	21.9%
Interest Revenue	$700	0.1%
Dividends	$386,615	53.5%
Sales of Assets	$177,612	24.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$631,627	96.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,975,569
Total Liabilities	$0
Net Assets	$8,975,569

Compensation

Key Employees and Officers	Compensation	Other
Robert M Olmsted (Pres./ Treas.)	$0	$0
Andrew L Tansey (Secretary)	$0	$0
Katharine H Olmsted (Member)	$0	$0
Alexandra M Olmsted (Member)	$0	$0

+ View more people

990-PF

Filed on Aug. 3, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2021

Revenue

$1,107,645

Expenses

$649,815

Net Income

$457,830

Net Assets

$8,904,588

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$158,125	14.3%
Interest Revenue	$2,630	0.2%
Dividends	$348,058	31.4%
Sales of Assets	$598,832	54.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$633,208	97.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,904,589
Total Liabilities	$1
Net Assets	$8,904,588

Compensation

Key Employees and Officers	Compensation	Other
Robert M Olmsted (Pres./ Treas.)	$0	$0
Andrew L Tansey (Secretary)	$0	$0
Katharine H Olmsted (Member)	$0	$0
Alexandra M Olmsted (Member)	$0	$0

+ View more people

990-PF

Filed on Dec. 7, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2020

Revenue

$845,093

Expenses

$649,349

Net Income

$195,744

Net Assets

$8,446,746

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$158,125	18.7%
Interest Revenue	$41,667	4.9%
Dividends	$432,841	51.2%
Sales of Assets	$212,460	25.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$632,562	97.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,446,747
Total Liabilities	$1
Net Assets	$8,446,746

Compensation

Key Employees and Officers	Compensation	Other
Robert M Olmsted (Pres./ Treas.)	$0	$0
Andrew L Tansey (Secretary)	$0	$0
Katharine H Olmsted (Member)	$0	$0
Alexandra M Olmsted (Member)	$0	$0

+ View more people

990-PF

Filed on Sept. 23, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2019

Revenue

$1,075,377

Expenses

$630,401

Net Income

$444,976

Net Assets

$8,251,003

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$158,125	14.7%
Interest Revenue	$39,863	3.7%
Dividends	$351,079	32.6%
Sales of Assets	$526,310	48.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$608,888	96.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,251,003
Total Liabilities	$0
Net Assets	$8,251,003

Compensation

Key Employees and Officers	Compensation	Other
Robert M Olmsted (Pres./ Treas.)	$0	$0
Andrew L Tansey (Secretary)	$0	$0
Katharine H Olmsted (Member)	$0	$0
Alexandra M Olmsted (Member)	$0	$0

+ View more people

990-PF

Filed on Aug. 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2018

Revenue

$774,949

Expenses

$587,101

Net Income

$187,848

Net Assets

$7,806,027

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$158,125	20.4%
Interest Revenue	$16,687	2.2%
Dividends	$358,248	46.2%
Sales of Assets	$241,889	31.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$570,728	97.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,806,027
Total Liabilities	$0
Net Assets	$7,806,027

Compensation

Key Employees and Officers	Compensation	Other
Robert M Olmsted (Pres./ Treas.)	$0	$0
Nancy Olmsted Kaehr (Vice Pres.)	$0	$0
Andrew L Tansey (Secretary)	$0	$0
Katharine H Olmsted (Member)	$0	$0
Alexandra M Olmsted (Member)	$0	$0

+ View more people

990-PF

Filed on Aug. 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2017

Revenue

$568,909

Expenses

$576,516

Net Income

-$7,607

Net Assets

$7,618,179

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$158,125	27.8%
Interest Revenue	$6,077	1.1%
Dividends	$333,449	58.6%
Sales of Assets	$71,258	12.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$561,082	97.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,618,179
Total Liabilities	$0
Net Assets	$7,618,179

Compensation

Key Employees and Officers	Compensation	Other
Robert M Olmsted (Pres./ Treas.)	$0	$0
Nancy Olmsted Kaehr (Vice Pres.)	$0	$0
William H Miller Jr (Secretary)	$0	$0
Katharine H Olmsted (Member)	$0	$0
Alexandra M Olmsted (Member)	$0	$0

+ View more people

990-PF

Filed on July 25, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2016

Revenue

$367,892

Expenses

$666,508

Net Income

-$298,616

Net Assets

$7,625,786

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$158,125	43.0%
Interest Revenue	$3,027	0.8%
Dividends	$314,266	85.4%
Sales of Assets	-$107,526
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$639,948	96.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,625,786
Total Liabilities	$0
Net Assets	$7,625,786

Compensation

Key Employees and Officers	Compensation	Other
Robert M Olmsted (Pres./ Treas.)	$0	$0
Nancy Olmsted Kaehr (Vice Pres.)	$0	$0
William H Miller Jr (Secretary)	$0	$0
Katharine H Olmsted (Member)	$0	$0
Alexandra M Olmsted (Member)	$0	$0

+ View more people

990-PF

Filed on Sept. 1, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending March
2015

Revenue

$740,065

Expenses

$519,947

Net Income

$220,118

Net Assets

$7,924,402

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$158,125	21.4%
Interest Revenue	$722	0.1%
Dividends	$297,991	40.3%
Sales of Assets	$283,227	38.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$493,614	94.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,924,402
Total Liabilities	$0
Net Assets	$7,924,402

Compensation

Key Employees and Officers	Compensation	Other
Robert M Olmsted (Pres./ Treas.)	$0	$0
Nancy Olmsted Kaehr (Vice Pres.)	$0	$0
William H Miller Jr (Secretary)	$0	$0
Katharine H Olmsted (Member)	$0	$0
Alexandra M Olmsted (Member)	$0	$0

+ View more people

990-PF

Filed on Oct. 8, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2014

Revenue

$722,130

Expenses

$490,771

Net Income

$231,359

Net Assets

$7,704,284

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$158,125	21.9%
Interest Revenue	$643	0.1%
Dividends	$298,476	41.3%
Sales of Assets	$264,886	36.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$450,000	91.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,704,284
Total Liabilities	$0
Net Assets	$7,704,284

Compensation

Key Employees and Officers	Compensation	Other
Robert M Olmsted (Pres./ Treas.)	$0	$0
Nancy Olmsted Kaehr (Vice Pres.)	$0	$0
William H Miller Jr (Secretary)	$0	$0
Katharine H Olmsted (Member)	$0	$0
Alexandra M Olmsted (Member)	$0	$0

+ View more people

990-PF

Filed on Nov. 10, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2013

Revenue

$726,951

Expenses

$419,884

Net Income

$307,067

Net Assets

$7,472,924

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$158,125	21.8%
Interest Revenue	$1,107	0.2%
Dividends	$287,783	39.6%
Sales of Assets	$279,936	38.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$395,000	94.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,472,925
Total Liabilities	$1
Net Assets	$7,472,924

990-PF

Filed on Dec. 11, 2013

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2012

Revenue

$242,705

Expenses

$450,708

Net Income

-$208,003

Net Assets

$7,165,857

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$158,125	65.2%
Interest Revenue	$848	0.3%
Dividends	$238,652	98.3%
Sales of Assets	$0
Other Income	$186	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$420,000	93.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,165,858
Total Liabilities	$1
Net Assets	$7,165,857

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated September 25, 2025

Furtherance Fund Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $378k (2024)

Expenses $410k (2024)

Total Assets $4.79M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending March 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending March 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$378k (2024)

Expenses

$410k (2024)

Total Assets

$4.79M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending March
2024

Fiscal Year Ending March
2023

Fiscal Year Ending March
2022

Fiscal Year Ending March
2021

Fiscal Year Ending March
2020

Fiscal Year Ending March
2019

Fiscal Year Ending March
2018

Fiscal Year Ending March
2017

Fiscal Year Ending March
2016

Fiscal Year Ending March
2015

Fiscal Year Ending March
2014

Fiscal Year Ending March
2013

Fiscal Year Ending March
2012

Fiscal Year Ending March
2011

Fiscal Year Ending March
2010

Fiscal Year Ending March
2009

Fiscal Year Ending March
2008

Fiscal Year Ending March
2007

Fiscal Year Ending March
2006

Fiscal Year Ending March
2005

Fiscal Year Ending March
2004

Fiscal Year Ending March
2003

Fiscal Year Ending March
2002

Fiscal Year Ending March
2001