Line Construction Advancement Fund
Line Construction Advancement Fund is a private foundation, based in Bronxville, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.4M in total assets. In 2025, it made $794K in qualifying distributions. Net investment income was $116K.
Key facts about Line Construction Advancement Fund
- EIN
- 47-2428123
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $3,421,340
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.4M
-16.1% YoY
Revenue
$118K
-96.2% YoY
Qualifying Distributions
$794K
-1.5% YoY
Expenses
$774K
-4.0% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,421,340 | $4,077,192 | $1,734,888 |
| Revenue | $118,361 | $3,148,956 | $59,812 |
| Expenses | $774,213 | $806,652 | $578,308 |
| Qualifying Distributions | $793,669 | $805,817 | $578,224 |
| Net Investment Income | $116,257 | $148,121 | $59,728 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 28, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 28, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2019–2024
Leadership & Key People
Officers and directors from IRS filings
Line Construction Advancement Fund is led by Michael Gilchrist, Trustee on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Michael Gilchrist
Trustee
On filings since 2019
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Line Construction Advancement Fund
How large is Line Construction Advancement Fund?
Line Construction Advancement Fund reported $3.4M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $118K.
What is Line Construction Advancement Fund's EIN?
Line Construction Advancement Fund's EIN (Employer Identification Number) is 47-2428123. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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