Skip to main content

Nonprofit · EIN 20-5885567

SECOND FAMILY FOUNDATION INC

Tax-exempt · CHAPEL HILL, NC 27514

Financials

$293K$355K2023$339K$409K2024
Revenue Expenses · by fiscal year end
Financials of SECOND FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$339,476$408,791-$69,315$12,881,979$18,633$12,863,346
December 31, 2023990-PF$292,871$355,300-$62,429$12,277,658$41,505$12,236,153
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$339,476

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$28,579
Salaries, compensation and benefits (total)
$110,715
Disbursements for charitable purposes
$402,227
Excise tax on investment income
$4,719

Balance sheet and other

Total assets, start of year
$12,277,658
Total assets, end of year
$12,881,979
Total liabilities, end of year
$18,633
Net assets, end of year
$12,863,346
Fair market value of assets
$12,881,979
Qualifying distributions
$402,227
Net investment income
$339,476

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 / weekCompensationOther / benefits
HOLLY KUNKEL AINSLEY
104 SOUTH ESTES DRIVE STE 203, CHAPEL HILL, NC 27514
PROGRAM DIRECTOR
Highest-paid employee
50$84,514$8,662
EDWARD WILLIAM MILES
3249 CAMINITO AMECA, LA JOLLA, CA 92037
DIRECTOR0.25$28,579$0
MIKE MILES
240 GLANDON DRIVE, CHAPEL HILL, NC 27514
PRESIDENT/TREASURER2$0$0
ELSTON MILES
240 GLANDON DRIVE, CHAPEL HILL, NC 27514
VICE PRESIDENT/SECRETARY0.25$0$0
WENDY MILES BAER
476 EMORY CIRCLE, ATLANTA, GA 30307
DIRECTOR0.25$0$0
ALEXANDRA MILES SKOVE
7 ALDWOOD LANE, RUMSON, NJ 07760
DIRECTOR0.25$0$0
ANDREA ALDEN MILES
533 MANZANITA AVE, CORTA MEDERA, CA 94925
DIRECTOR0.25$0$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
HOLLY KUNKEL AINSLEY
104 SOUTH ESTES DRIVE STE 203, CHAPEL HILL, NC 27514
PROGRAM DIRECTOR
Highest-paid employee
50$81,965$7,845
EDWARD WILLIAM MILES
10846 ANTIGUA TERRACE UNIT 203, ROCKVILLE, MD 20852
DIRECTOR0.25$27,422$0
MIKE MILES
240 GLANDON DRIVE, CHAPEL HILL, NC 27514
PRESIDENT/TREASURER2$0$0
ELSTON MILES
240 GLANDON DRIVE, CHAPEL HILL, NC 27514
VICE PRESIDENT/SECRETARY0.25$0$0
WENDY MILES BAER
476 EMORY CIRCLE, ATLANTA, GA 30307
DIRECTOR0.25$0$0
ALEXANDRA MILES SKOVE
7 ALDWOOD LANE, RUMSON, NJ 07760
DIRECTOR0.25$0$0
ANDREA ALDEN MILES
533 MANZANITA AVE, CORTA MEDERA, CA 94925
DIRECTOR0.25$0$0

Address and contacts

Address (IRS master file)
104 S ESTES DR STE 203, CHAPEL HILL, NC 27514-2866
In care of
% MIKE MILES
Signed the 990-PF
EDWARD MILES, DIRECTOR
Phone
(919) 967-9823
Return prepared by
BLACKMAN & SLOOP ADVISORS INC

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
20-5885567
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2007
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$12,881,979
Income (IRS master file)
$1,736,073

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$339,476$408,791$12,881,979IRS
990-PFDecember 2023$292,871$355,300$12,277,658XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 20-5885567).

Questions about SECOND FAMILY FOUNDATION INC

What is the EIN of SECOND FAMILY FOUNDATION INC?
The employer identification number (EIN) of SECOND FAMILY FOUNDATION INC is 20-5885567.
Is SECOND FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to SECOND FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does SECOND FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of SECOND FAMILY 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 SECOND FAMILY FOUNDATION 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 SECOND FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $84,514 (HOLLY KUNKEL AINSLEY, PROGRAM DIRECTOR).
How much revenue does SECOND FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $339,476, expenses of $408,791 and total assets of $12,881,979 at year end.

Other nonprofits in CHAPEL HILL

All nonprofits in CHAPEL HILL · North Carolina · Youth development