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Nonprofit · EIN 13-6122020

KRAMER FOUNDATION

Tax-exempt · WEAVERVILLE, NC 28787

Financials

$6K$13K2023$67K$28K2024$5K$22K2025
Revenue Expenses · by fiscal year end
Financials of KRAMER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$4,914$21,941-$17,027-$14,484$0-$14,484
December 31, 2024990-PF$67,158$27,634$39,524$2,543$0$2,543
December 31, 2023990-PF$6,173$12,991-$6,818-$36,981$0-$36,981
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$4,678
Net gain from sales of assets
$163
Other income
$73

Expenses

Grants and similar amounts paid
$15,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$17,940
Excise tax on investment income
$13

Balance sheet and other

Total assets, start of year
$2,543
Total assets, end of year
-$14,484
Total liabilities, end of year
$0
Net assets, end of year
-$14,484
Fair market value of assets
$157,529
Qualifying distributions
$17,940
Net investment income
$4,914

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Scott Tower
45 Turtle Wallow, Weaverville, NC 28787
Trustee0.25$0
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
Scott Tower
30 Westgate parkway 142, Asheville, NC 28806
Trustee0.25$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
Scott Tower
30 Westgate parkway 142, Asheville, NC 28806
Trustee0.25$0

Address and contacts

Address (IRS master file)
45 TURTLE WALLOW, WEAVERVILLE, NC 28787-9743
In care of
% JO PARRISH MALONEY
Signed the 990-PF
Scott Tower, President
Phone
(828) 290-6972
Return prepared by
Prager Metis CPAs PLLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
13-6122020
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1949
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$14,484
Income (IRS master file)
$4,914

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$4,914$21,941-$14,484XML
990-PFDecember 2024$67,158$27,634$2,543XML
990-PFDecember 2023$6,173$12,991-$36,981XML
990-PFDecember 2022–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-6122020).

Questions about KRAMER FOUNDATION

What is the EIN of KRAMER FOUNDATION?
The employer identification number (EIN) of KRAMER FOUNDATION is 13-6122020.
Is KRAMER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1949.
Are donations to KRAMER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KRAMER FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of KRAMER FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KRAMER FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of KRAMER FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does KRAMER FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $4,914, expenses of $21,941 and total assets of -$14,484 at year end.

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