Galashiels Fund Ltd

Sarasota, FL
Tax-exempt since May 1988
EIN: 94-3059858

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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

$21.1M (2024)

Expenses

$18.5M (2024)

Total Assets

$151M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 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

Revenue

$21,114,933

Expenses

$18,483,634

Net Income

$2,631,299

Net Assets

$150,611,966

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,000,000	9.5%
Interest Revenue	$834,427	4.0%
Dividends	$2,664,061	12.6%
Sales of Assets	$12,662,591	60.0%
Other Income	$2,953,854	14.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$15,147,430	82.0%
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	$150,611,966
Total Liabilities	$0
Net Assets	$150,611,966

Compensation

Key Employees and Officers	Compensation	Other
David T Bradford (Secretary/Director)	$0	$0
Andrea K Mayes (Assistant Treasurer)	$0	$0
Betsy P Colburn (Vice President/Director)	$0	$0
Keith W Colburn (Pres/Treasurer/Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 17, 2025

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$15,265,037

Expenses

$20,037,537

Net Income

-$4,772,500

Net Assets

$146,794,859

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,140,612	7.5%
Dividends	$2,977,278	19.5%
Sales of Assets	$9,856,086	64.6%
Other Income	$1,291,061	8.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,130,802	80.5%
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	$146,794,859
Total Liabilities	$0
Net Assets	$146,794,859

Compensation

Key Employees and Officers	Compensation	Other
David T Bradford (Secretary/Director)	$0	$0
Andrea K Mayes (Assistant Treasurer)	$0	$0
Betsy P Colburn (Vice President/Director)	$0	$0
Keith W Colburn (Pres/Treasurer/Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 14, 2024

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

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$18,554,628

Expenses

$20,069,017

Net Income

-$1,514,389

Net Assets

$151,090,151

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$497,516	2.7%
Dividends	$2,774,810	15.0%
Sales of Assets	$13,399,507	72.2%
Other Income	$1,882,795	10.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$13,685,875	68.2%
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	$151,090,151
Total Liabilities	$0
Net Assets	$151,090,151

Compensation

Key Employees and Officers	Compensation	Other
David T Bradford (Secretary/Director)	$0	$0
Andrea K Mayes (Assistant Treasurer)	$0	$0
Betsy P Colburn (Vice President/Director)	$0	$0
Keith W Colburn (Pres/Treasurer/Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 15, 2023

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

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

$48,314,988

Expenses

$16,460,726

Net Income

$31,854,262

Net Assets

$154,593,436

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$20,242,000	41.9%
Interest Revenue	$5,015,142	10.4%
Dividends	$2,078,063	4.3%
Sales of Assets	$18,503,808	38.3%
Other Income	$2,475,975	5.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$14,289,625	86.8%
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	$154,593,436
Total Liabilities	$0
Net Assets	$154,593,436

Compensation

Key Employees and Officers	Compensation	Other
David T Bradford (Secretary/Director)	$0	$0
Andrea K Mayes (Assistant Treasurer)	$0	$0
Betsy P Colburn (Vice President/Director)	$0	$0
Keith W Colburn (Pres/Treasurer/Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 15, 2022

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

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2020

Revenue

$23,856,789

Expenses

$12,738,181

Net Income

$11,118,608

Net Assets

$122,742,295

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$9,000,000	37.7%
Interest Revenue	$95,837	0.4%
Dividends	$2,199,490	9.2%
Sales of Assets	$11,390,647	47.7%
Other Income	$1,170,815	4.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$10,468,726	82.2%
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	$122,742,296
Total Liabilities	$1
Net Assets	$122,742,295

Compensation

Key Employees and Officers	Compensation	Other
David T Bradford (Secretary/Director)	$0	$0
Andrea K Mayes (Assistant Treasurer)	$0	$0
Betsy P Colburn (Vice President/Director)	$0	$0
Keith W Colburn (Pres/Treasurer/Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 12, 2021

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

View Filing

Schedules ▼

XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2019

Revenue

$14,730,642

Expenses

$11,477,905

Net Income

$3,252,737

Net Assets

$111,688,441

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$8,000,000	54.3%
Interest Revenue	$135,194	0.9%
Dividends	$2,126,695	14.4%
Sales of Assets	$4,142,394	28.1%
Other Income	$326,359	2.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,822,755	76.9%
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	$111,688,442
Total Liabilities	$1
Net Assets	$111,688,441

Compensation

Key Employees and Officers	Compensation	Other
David T Bradford (Secretary/Director)	$0	$0
Andrea K Mayes (Assistant Treasurer)	$0	$0
Betsy P Colburn (Vice President/Director)	$0	$0
Keith W Colburn (Pres/Treasurer/Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 14, 2020

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

View Filing

Schedules ▼

XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2018

Revenue

$4,150,095

Expenses

$11,127,498

Net Income

-$6,977,403

Net Assets

$108,483,929

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$168,722	4.1%
Dividends	$1,930,823	46.5%
Sales of Assets	$2,310,317	55.7%
Other Income	-$259,767

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,581,205	77.1%
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	$108,483,929
Total Liabilities	$0
Net Assets	$108,483,929

Compensation

Key Employees and Officers	Compensation	Other
David T Bradford (Secretary/Director)	$0	$0
Andrea K Mayes (Assistant Treasurer)	$0	$0
Betsy P Colburn (Vice President/Director)	$0	$0
Keith W Colburn (Pres/Treasurer/Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 11, 2019

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

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2017

Revenue

$31,177,185

Expenses

$9,654,178

Net Income

$21,523,007

Net Assets

$115,499,910

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$26,204,000	84.0%
Interest Revenue	$139,323	0.4%
Dividends	$1,552,288	5.0%
Sales of Assets	$2,952,917	9.5%
Other Income	$328,657	1.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$7,521,895	77.9%
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	$115,499,910
Total Liabilities	$0
Net Assets	$115,499,910

Compensation

Key Employees and Officers	Compensation	Other
David T Bradford (Secretary/Director)	$0	$0
Andrea K Mayes (Assistant Treasurer)	$0	$0
Betsy P Colburn (Vice President/Director)	$0	$0
Keith W Colburn (Pres/Treasurer/Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 11, 2018

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

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2016

Revenue

$5,098,186

Expenses

$9,754,830

Net Income

-$4,656,644

Net Assets

$94,020,985

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$37,804	0.7%
Dividends	$1,228,395	24.1%
Sales of Assets	$3,652,438	71.6%
Other Income	$179,549	3.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,434,356	86.5%
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	$94,020,985
Total Liabilities	$0
Net Assets	$94,020,985

Compensation

Key Employees and Officers	Compensation	Other
David T Bradford (Secretary/Director)	$0	$0
Andrea K Mayes (Assistant Treasurer)	$0	$0
Betsy P Colburn (Vice President/Director)	$0	$0
Keith W Colburn (Pres/Treasurer/Director)	$0	$0

+ View more people

990-PF

Filed on Oct. 6, 2017

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

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2015

Revenue

$4,885,917

Expenses

$11,060,026

Net Income

-$6,174,109

Net Assets

$110,679,450

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3,241	0.1%
Dividends	$1,236,254	25.3%
Sales of Assets	$3,319,868	67.9%
Other Income	$326,554	6.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$9,581,482	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	$110,679,450
Total Liabilities	$0
Net Assets	$110,679,450

Compensation

Key Employees and Officers	Compensation	Other
David T Bradford (Secretary/Director)	$0	$0
Andrea K Mayes (Assistant Treasurer)	$0	$0
Betsy P Colburn (Vice President /Director)	$0	$0
Keith W Colburn (Pres/Treasurer/Director)	$0	$0

+ View more people

990-PF

Filed on Oct. 27, 2016

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

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2014

Revenue

$9,913,380

Expenses

$8,300,979

Net Income

$1,612,401

Net Assets

$101,493,327

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,500,000	55.5%
Interest Revenue	$91,928	0.9%
Dividends	$187,897	1.9%
Sales of Assets	$2,859,979	28.8%
Other Income	$1,273,576	12.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$7,050,608	84.9%
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	$101,493,327
Total Liabilities	$0
Net Assets	$101,493,327

990-PF

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

PDF

PDF (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2013

Revenue

$7,214,935

Expenses

$7,070,693

Net Income

$144,242

Net Assets

$98,873,713

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7,484	0.1%
Dividends	$86,940	1.2%
Sales of Assets	$4,650,089	64.5%
Other Income	$2,470,422	34.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,101,904	86.3%
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	$98,873,713
Total Liabilities	$0
Net Assets	$98,873,713

990-PF

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

PDF

PDF (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2012

Revenue

$12,120,587

Expenses

$8,423,463

Net Income

$3,697,124

Net Assets

$96,998,874

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,000	0.0%
Interest Revenue	$9,248	0.1%
Dividends	$1,034,992	8.5%
Sales of Assets	$7,015,540	57.9%
Other Income	$4,055,807	33.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,949,970	70.6%
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	$99,939,228
Total Liabilities	$2,940,354
Net Assets	$96,998,874

990-PF

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

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2011

Revenue

$2,179,549

Expenses

$6,804,540

Net Income

-$4,624,991

Net Assets

$92,350,173

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$530	0.0%
Interest Revenue	$5,854	0.3%
Dividends	$511,075	23.4%
Sales of Assets	$0
Other Income	$2,242,660	> 100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,079,412	74.6%
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	$94,254,527
Total Liabilities	$1,904,354
Net Assets	$92,350,173

990-PF

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

PDF

PDF (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

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

PDF

PDF (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 3) PDF (3 of 3)

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

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

PDF

PDF (2 of 3) PDF (3 of 3)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 3) PDF (3 of 3)

Fiscal Year Ending Dec.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

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

PDF

PDF (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 3) PDF (3 of 3)

Fiscal Year Ending Dec.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

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

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

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

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

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

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

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

PDF

Fiscal Year Ending Dec.
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

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

PDF

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

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

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

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

PDF

About This Data

What Is This Data?

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Galashiels Fund Ltd

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $21.1M (2024)

Expenses $18.5M (2024)

Total Assets $151M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$21.1M (2024)

Expenses

$18.5M (2024)

Total Assets

$151M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001