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Nonprofit · EIN 20-4201085

FOUNDATION FOR THE DEVELOPMENT OF RURAL COMMUNITIES INC

Tax-exempt · CHARLOTTE, NC 28277

Financials

$215K$189K2023$272K$222K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR THE DEVELOPMENT OF RURAL COMMUNITIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$272,484$221,598$50,886$103,267$0$103,267
December 31, 2023990-PF$215,045$189,243$25,802$52,381$0$52,381
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$218,516
Dividends
$905
Interest
$57
Net gain from sales of assets
$53,006

Expenses

Grants and similar amounts paid
$215,700
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$215,700
Excise tax on investment income
$737

Balance sheet and other

Total assets, start of year
$52,381
Total assets, end of year
$103,267
Total liabilities, end of year
$0
Net assets, end of year
$103,267
Fair market value of assets
$96,395
Qualifying distributions
$215,700
Net investment income
$53,006

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
RICHARD K FOWLER
13793 WHISPERING LAKES LANE, PALM BEACH GARDENS, FL 33418
CHAIRMAN & DIRECTOR1$0
HELEN P FOWLER
13793 WHISPERING LAKES LANE, PALM BEACH GARDENS, FL 33418
PRESIDENT & DIRECTOR1$0
BRYAN K FOWLER
8143 LAS PALMAS WAY, NAPLES, FL 34103
SEC/TREAS & DIRECTOR1$0
MARTIN P FOWLER
5218 WEBB COURT, MOREHEAD CITY, NC 28557
VICE PRES & DIRECTOR1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
RICHARD K FOWLER
13793 WHISPERING LAKES LANE, PALM BEACH GARDENS, FL 33418
CHAIRMAN & DIRECTOR1$0
HELEN P FOWLER
13793 WHISPERING LAKES LANE, PALM BEACH GARDENS, FL 33418
PRESIDENT & DIRECTOR1$0
BRYAN K FOWLER
8143 LAS PALMAS WAY, NAPLES, FL 34103
SEC/TREAS & DIRECTOR1$0
MARTIN P FOWLER
5218 WEBB COURT, MOREHEAD CITY, NC 28557
VICE PRES & DIRECTOR1$0

Address and contacts

Address (IRS master file)
10526 OLD WAYSIDE RD, CHARLOTTE, NC 28277-1413
In care of
% SAMUEL KYEI
Signed the 990-PF
RICHARD K FOWLER, CHAIRMAN
Phone
(561) 697-4990
Return prepared by
BRESLOW STARLING ADVISORS LLC

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
20-4201085
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
2009
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Health care (E99)
Assets (IRS master file)
$103,267
Income (IRS master file)
$395,446

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$272,484$221,598$103,267IRS
990-PFDecember 2023$215,045$189,243$52,381XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 20-4201085).

Questions about FOUNDATION FOR THE DEVELOPMENT OF RURAL COMMUNITIES INC

What is the EIN of FOUNDATION FOR THE DEVELOPMENT OF RURAL COMMUNITIES INC?
The employer identification number (EIN) of FOUNDATION FOR THE DEVELOPMENT OF RURAL COMMUNITIES INC is 20-4201085.
Is FOUNDATION FOR THE DEVELOPMENT OF RURAL COMMUNITIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to FOUNDATION FOR THE DEVELOPMENT OF RURAL COMMUNITIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FOUNDATION FOR THE DEVELOPMENT OF RURAL COMMUNITIES INC file?
Form 990-PF. Private foundations file every year.
When is the next return of FOUNDATION FOR THE DEVELOPMENT OF RURAL COMMUNITIES 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 FOUNDATION FOR THE DEVELOPMENT OF RURAL COMMUNITIES INC 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 FOUNDATION FOR THE DEVELOPMENT OF RURAL COMMUNITIES INC?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does FOUNDATION FOR THE DEVELOPMENT OF RURAL COMMUNITIES INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $272,484, expenses of $221,598 and total assets of $103,267 at year end.

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