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Fund 25

  • Raleigh, NC
  • Tax-exempt since March 2015
  • EIN: 47-2458563

Organization summary

Type of Nonprofit

Designated as a 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.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$54.9k (2024)

Expenses
$55.5k (2024)

Total Assets
$4.01k (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2014 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 Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$54,891
Expenses
$55,543
Net Income
-$652
Net Assets
$4,006
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $52,376
95.4%
Interest Revenue $285
0.5%
Dividends $693
1.3%
Sales of Assets $1,537
2.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $53,542
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 $4,006
Total Liabilities $0
Net Assets $4,006
Compensation
Key Employees and Officers Compensation Other
Roxanne Saucier (President) $0 $0
Nabarun Dasgupta (Secretary /Treasurer) $0 $0

Document Links

990-PF
Filed on April 29, 2025

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

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,224
Expenses
$81,801
Net Income
-$78,577
Net Assets
$4,752
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $389
12.1%
Dividends $2,071
64.2%
Sales of Assets $764
23.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $78,536
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 $4,752
Total Liabilities $0
Net Assets $4,752
Compensation
Key Employees and Officers Compensation Other
Roxanne Saucier (President) $0 $0
Nabarun Dasgupta (Secretary /Treasurer) $0 $0

Document Links

990-PF
Filed on May 9, 2024

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

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,406
Expenses
$118,763
Net Income
-$113,357
Net Assets
$83,329
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $50
0.9%
Dividends $5,520
> 100%
Sales of Assets -$164
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $116,015
97.7%
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 $83,329
Total Liabilities $0
Net Assets $83,329
Compensation
Key Employees and Officers Compensation Other
Roxanne Saucier (President) $0 $0
Nabarun Dasgupta (Secretary /T) $0 $0

Document Links

990-PF
Filed on Aug. 2, 2023

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

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$31,775
Expenses
$104,330
Net Income
-$72,555
Net Assets
$196,686
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $10
0.0%
Dividends $8,157
25.7%
Sales of Assets $23,303
73.3%
Other Income $305
1.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $99,741
95.6%
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 $196,686
Total Liabilities $0
Net Assets $196,686
Compensation
Key Employees and Officers Compensation Other
Roxanne Saucier (President) $0 $0
Nabarun Dasgupta (Secretary /T) $0 $0

Document Links

990-PF
Filed on May 10, 2022

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

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$26,805
Expenses
$109,552
Net Income
-$82,747
Net Assets
$269,240
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $41
0.2%
Dividends $7,341
27.4%
Sales of Assets $18,815
70.2%
Other Income $608
2.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $104,650
95.5%
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 $269,241
Total Liabilities $1
Net Assets $269,240
Compensation
Key Employees and Officers Compensation Other
Roxanne Saucier (President) $0 $0
Nabarun Dasgupta (Secretary /T) $0 $0

Document Links

990-PF
Filed on May 7, 2021

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

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$29,979
Expenses
$186,416
Net Income
-$156,437
Net Assets
$351,987
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $228
0.8%
Dividends $13,335
44.5%
Sales of Assets $16,416
54.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $181,002
97.1%
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 $351,988
Total Liabilities $1
Net Assets $351,987
Compensation
Key Employees and Officers Compensation Other
Roxanne Saucier (President) $0 $0
Nabarun Dasgupta (Secretary/Tr) $0 $0

Document Links

990-PF
Filed on May 21, 2020

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$31,089
Expenses
$164,217
Net Income
-$133,128
Net Assets
$508,425
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $416
1.3%
Dividends $17,145
55.1%
Sales of Assets $13,458
43.3%
Other Income $70
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $158,180
96.3%
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 $508,425
Total Liabilities $0
Net Assets $508,425
Compensation
Key Employees and Officers Compensation Other
Roxanne Saucier (President) $0 $0
Nabarun Dasgupta (Secretary/Tr) $0 $0

Document Links

990-PF
Filed on May 7, 2019

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$41,975
Expenses
$258,806
Net Income
-$216,831
Net Assets
$641,553
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $84
0.2%
Dividends $17,158
40.9%
Sales of Assets $23,856
56.8%
Other Income $877
2.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $250,365
96.7%
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 $641,553
Total Liabilities $0
Net Assets $641,553
Compensation
Key Employees and Officers Compensation Other
Roxanne Saucier (President) $0 $0
Nabarun Dasgupta (Secretary/Tr) $0 $0

Document Links

990-PF
Filed on May 10, 2018

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$20,570
Expenses
$116,365
Net Income
-$95,795
Net Assets
$858,384
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $912
4.4%
Interest Revenue $1
0.0%
Dividends $19,795
96.2%
Sales of Assets -$542
Other Income $404
2.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $106,234
91.3%
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 $858,384
Total Liabilities $0
Net Assets $858,384
Compensation
Key Employees and Officers Compensation Other
Roxanne Saucier (President) $0 $0
Nabarun Dasgupta (Secretary/Tr) $0 $0

Document Links

990-PF
Filed on May 10, 2017

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$27,496
Expenses
$62,409
Net Income
-$34,913
Net Assets
$954,179
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5
0.0%
Dividends $21,060
76.6%
Sales of Assets $6,431
23.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $54,064
86.6%
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 $955,091
Total Liabilities $912
Net Assets $954,179
Compensation
Key Employees and Officers Compensation Other
Roxanne Saucier (President) $0 $0
Nabarun Dasgupta (Secretary/Tr) $0 $0

Document Links

990-PF
Filed on May 9, 2016

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,000,004
Expenses
$10,912
Net Income
$989,092
Net Assets
$989,092
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,000,000
100.0%
Interest Revenue $0
Dividends $4
0.0%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $10,912
100%
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 $990,004
Total Liabilities $912
Net Assets $989,092

Document Links

990-PF

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

PDF

About This Data

What Is This Data?

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.

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About Nonprofit Explorer

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.

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