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Nonprofit · EIN 20-8970284

JOSEPHINE AND LOUISE CRANEFOUNDATION

Tax-exempt · FALMOUTH, MA 02540

Financials

$5.4M$5.5M2023$14.8M$5.2M2024
Revenue Expenses · by fiscal year end
Financials of JOSEPHINE AND LOUISE CRANEFOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$14,800,690$5,177,733$9,622,957$57,535,734$0$57,535,734
December 31, 2023990-PF$5,401,799$5,537,756-$135,957$47,912,777$0$47,912,777
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,941,769
Net gain from sales of assets
$12,371,723
Other income
$487,198

Expenses

Grants and similar amounts paid
$4,695,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$4,724,104
Excise tax on investment income
$210,976

Balance sheet and other

Total assets, start of year
$47,912,777
Total assets, end of year
$57,535,734
Total liabilities, end of year
$0
Net assets, end of year
$57,535,734
Fair market value of assets
$97,490,050
Qualifying distributions
$4,724,104
Net investment income
$15,831,304

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
JOSEPHINE GREENE
220 MAIN STREET SUITE 202, FALMOUTH, MA 02540
DIRECTOR, PRESIDENT1$0
CAMERON K MACKEY
220 MAIN STREET SUITE 202, FALMOUTH, MA 02540
TREASURER/CLERK1$0
WINNIE GREENE
220 MAIN STREET SUITE 202, FALMOUTH, MA 02540
DIRECTOR1$0
AMY L GREENE
220 MAIN STREET SUITE 202, FALMOUTH, MA 02540
DIRECTOR1$0
WILLIAM T MACKEY
220 MAIN STREET SUITE 202, FALMOUTH, MA 02540
DIRECTOR, VP1$0
BRITA A MACKEY
221 MAIN STREET SUITE 202, FALMOUTH, MA 02540
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
JOSEPHINE GREENE
220 MAIN STREET SUITE 202, FALMOUTH, MA 02540
DIRECTOR, PRESIDENT1$0
CAMERON K MACKEY
220 MAIN STREET SUITE 202, FALMOUTH, MA 02540
TREASURER/CLERK1$0
WINNIE GREENE
220 MAIN STREET SUITE 202, FALMOUTH, MA 02540
DIRECTOR1$0
AMY L GREENE
220 MAIN STREET SUITE 202, FALMOUTH, MA 02540
DIRECTOR1$0
WILLIAM T MACKEY
220 MAIN STREET SUITE 202, FALMOUTH, MA 02540
DIRECTOR, VP1$0
BRITA A MACKEY
221 MAIN STREET SUITE 202, FALMOUTH, MA 02540
DIRECTOR1$0

Address and contacts

Address (IRS master file)
220 MAIN ST UNIT 202, FALMOUTH, MA 02540-2729
In care of
% W K MACKEY
Signed the 990-PF
JOSEPHINE GREENE, PRESIDENT
Phone
(518) 548-1155
Return prepared by
KPMG 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
20-8970284
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
2007
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$57,535,734
Income (IRS master file)
$20,486,624

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$14,800,690$5,177,733$57,535,734IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$5,401,799$5,537,756$47,912,777XML
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-TDecember 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 20-8970284).

Questions about JOSEPHINE AND LOUISE CRANEFOUNDATION

What is the EIN of JOSEPHINE AND LOUISE CRANEFOUNDATION?
The employer identification number (EIN) of JOSEPHINE AND LOUISE CRANEFOUNDATION is 20-8970284.
Is JOSEPHINE AND LOUISE CRANEFOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to JOSEPHINE AND LOUISE CRANEFOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JOSEPHINE AND LOUISE CRANEFOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of JOSEPHINE AND LOUISE CRANEFOUNDATION 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 JOSEPHINE AND LOUISE CRANEFOUNDATION 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 JOSEPHINE AND LOUISE CRANEFOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does JOSEPHINE AND LOUISE CRANEFOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $14,800,690, expenses of $5,177,733 and total assets of $57,535,734 at year end.

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