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Nonprofit · EIN 20-3798084

SHUMARD FOUNDATION INC

Tax-exempt · NORCROSS, GA 30092

Financials

$3.2M$2.3M2023$7.6M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of SHUMARD FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,592,669$1,611,987$5,980,682$26,702,639$0$26,702,639
December 31, 2023990$3,162,636$2,271,946$890,690$20,698,371$0$20,698,371
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,000
Program service revenue
$0
Investment income
$7,576,844
Net gain from sales of assets
$4,362,743
Other revenue
$13,825

Expenses

Grants and similar amounts paid
$1,534,030
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$50,938
Accounting fees
$1,148
Program services (functional)
$1,534,030
Management and general (functional)
$77,957

Balance sheet and other

Total assets, start of year
$20,698,371
Total assets, end of year
$26,702,639
Total liabilities, end of year
$0
Net assets, end of year
$26,702,639
Gross receipts
$8,788,907
Employees
0
Volunteers
0
Year formed
2005
State of legal domicile
GA

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DALE ARMSTRONGTRUSTEE
Trustee or director
0.5$0$314,972$21,983
WILLIAM J LONGTRUSTEE/TREASURER
Trustee or director, Officer
3$0$0$0
JOEL REEDTRUSTEE
Trustee or director
0.5$0$0$0
GARY LONGTRUSTEE
Trustee or director
0.5$0$0$0
CURTIS L SHUMARDTRUSTEE/ PRESIDENT
Trustee or director, Officer
5$0$0$0
KENNETH M SHUMARD JRTRUSTEE/ SECRETARY
Trustee or director, Officer
3$0$0$0
THERESA LONGTRUSTEE
Trustee or director
0.5$0$0$0
JULIE S POTTSTRUSTEE
Trustee or director
0.5$0$0$0
ROBERT B SHUMARDTRUSTEE
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DALE ARMSTRONGTRUSTEE
Trustee or director
0.5$0$215,933$30,333
WILLIAM J LONGTRUSTEE/TREASURER
Trustee or director, Officer
3$0$0$0
JOEL REEDTRUSTEE
Trustee or director
0.5$0$0$0
GARY LONGTRUSTEE
Trustee or director
0.5$0$0$0
CURTIS L SHUMARDTRUSTEE/ PRESIDENT
Trustee or director, Officer
5$0$0$0
KENNETH M SHUMARD JRTRUSTEE/ SECRETARY
Trustee or director, Officer
3$0$0$0
THERESA LONGTRUSTEE
Trustee or director
0.5$0$0$0
JULIE S POTTSTRUSTEE
Trustee or director
0.5$0$0$0
ROBERT B SHUMARDTRUSTEE
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
3295 RIVER EXCHANGE DR STE 242, NORCROSS, GA 30092-4208
Principal officer (990 for 2024)
CURTIS L SHUMARD, 3520 PIEDMONT ROAD NE STE 200, ATLANTA, GA 30305
Signed the 990
CURTIS L SHUMARD, PRESIDENT
Phone
(404) 262-2000
Return prepared by
BENNETT THRASHER LLP

Mission

THE SHUMARD FOUNDATION, INC. SUPPORTS CHARITIES THAT ARE 501(C)(3) ORGANIZATIONS AND ARE QUALIFIED TO BE SUPPORTED BY THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE SHUMARD FOUNDATION, INC. SUPPORTS CHARITIES THAT ARE 501(C)(3) ORGANIZATIONS AND ARE QUALIFIED TO BE SUPPORTED BY THE SERVANT FOUNDATION, INC. DBA THE SIGNATRY. SEE SCHEDULE I FOR A DETAILED LIST OF GRANTS TO QUALIFIED CHARITIES.
    Expenses $1,534,030 · grants $1,534,030

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-3798084
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$26,702,639
Income (IRS master file)
$8,788,907

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,592,669$1,611,987$26,702,639XML
990December 2023$3,162,636$2,271,946$20,698,371IRS
990December 2022$3,525,870$1,588,568$20,807,666IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––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 20-3798084).

Questions about SHUMARD FOUNDATION INC

What is the EIN of SHUMARD FOUNDATION INC?
The employer identification number (EIN) of SHUMARD FOUNDATION INC is 20-3798084.
Is SHUMARD FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to SHUMARD FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does SHUMARD FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SHUMARD FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SHUMARD FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SHUMARD FOUNDATION INC?
The 990 for the year ended December 31, 2024 names CURTIS L SHUMARD.
Who are the officers and directors of SHUMARD FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does SHUMARD FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,592,669, expenses of $1,611,987 and total assets of $26,702,639 at year end.

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