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Nonprofit · EIN 20-3959093

PIVOTAL FOUNDATION

Tax-exempt · PHOENIX, AZ 85018

Financials

$24.8M$2.6M2023$14.1M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of PIVOTAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$14,123,570$3,325,796$10,797,774$92,488,285$0$92,488,285
December 31, 2023990-PF$24,784,772$2,636,920$22,147,852$81,685,457$5,000$81,680,457
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$10,000,000
Dividends
$3,769,280
Interest
$9,735
Net gain from sales of assets
$242,552
Other income
$102,003

Expenses

Grants and similar amounts paid
$2,703,765
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$2,745,837
Excise tax on investment income
$51,109

Balance sheet and other

Total assets, start of year
$81,685,457
Total assets, end of year
$92,488,285
Total liabilities, end of year
$0
Net assets, end of year
$92,488,285
Fair market value of assets
$92,488,285
Qualifying distributions
$2,745,837
Net investment income
$4,122,382

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
F FRANCIS NAJAFI
3200 E CAMELBACK ROAD 295, PHOENIX, AZ 85018
DIRECTOR/PRESIDENT1$0
RICHARD GARNER
3200 E CAMELBACK ROAD 295, PHOENIX, AZ 85018
TREASURER1$0
JACKIE REED
3200 E CAMELBACK ROAD 295, PHOENIX, AZ 85018
SECRETARY1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
F FRANCIS NAJAFI
3200 E CAMELBACK RD 295, PHOENIX, AZ 85018
DIRECTOR AND PRESIDENT1$0
RICHARD GARNER
3200 E CAMELBACK RD 295, PHOENIX, AZ 85018
TREASURER1$0
JACKIE REED
3200 E CAMELBACK RD 295, PHOENIX, AZ 85018
SECRETARY1$0

Address and contacts

Address (IRS master file)
3200 E CAMELBACK RD STE 295, PHOENIX, AZ 85018-2343
In care of
% F FRANCIS NAJAFI
Signed the 990-PF
F FRANCIS NAJAFI, DIRECTOR/PRESIDENT
Phone
(602) 468-3217
Return prepared by
RSM US LLP

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-3959093
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
2006
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$92,488,285
Income (IRS master file)
$14,123,570

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$14,123,570$3,325,796$92,488,285IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$24,784,772$2,636,920$81,685,457XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 20-3959093).

Questions about PIVOTAL FOUNDATION

What is the EIN of PIVOTAL FOUNDATION?
The employer identification number (EIN) of PIVOTAL FOUNDATION is 20-3959093.
Is PIVOTAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to PIVOTAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PIVOTAL FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of PIVOTAL FOUNDATION 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 PIVOTAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of PIVOTAL FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does PIVOTAL FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $14,123,570, expenses of $3,325,796 and total assets of $92,488,285 at year end.

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