Nonprofit · EIN 22-6423721
PREFERRED FOUNDATION
Tax-exempt · NORWICH, NY 13815
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $58,388 | $94,989 | -$36,601 | $582,558 | $0 | $582,558 |
| December 31, 2024 | 990-PF | $68,509 | $141,290 | -$72,781 | $619,154 | $0 | $619,154 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $21,251
- Net gain from sales of assets
- $37,137
Expenses
- Grants and similar amounts paid
- $92,100
- Disbursements for charitable purposes
- $93,522
- Excise tax on investment income
- $807
Balance sheet and other
- Total assets, start of year
- $619,154
- Total assets, end of year
- $582,558
- Total liabilities, end of year
- $0
- Net assets, end of year
- $582,558
- Fair market value of assets
- $733,908
- Qualifying distributions
- $93,522
- Net investment income
- $58,388
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NBT BANK NA 52 SOUTH BROAD ST, NORWICH, NY 13815 | TRUSTEE | 1 | $0 |
| R Benedikt Sander 715 Settlers Pass, Utica, NY 13502 | DIRECTOR/COMMITTEE MEMBER | 1 | $0 |
| Pauline Ashworth 67 Grandview Ave, Lincoln, RI 02865 | DIRECTOR/COMMITTEE MEMBER | 1 | $0 |
| Jeffrey Fasoldt 220 Commercial Drive, Avon, NY 14414 | DIRECTOR/COMMITTEE MEMBER | 1 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NBT BANK NA 52 SOUTH BROAD ST, NORWICH, NY 13815 | TRUSTEE | 1 | $0 |
| R Benedikt Sander 4 Lady Slipper Avenue, Pelham, NH 03076 | DIRECTOR/COMMITTEE MEMBER | 1 | $0 |
| Pauline Ashworth 67 Grandview Ave, Lincoln, RI 02865 | DIRECTOR/COMMITTEE MEMBER | 1 | $0 |
| Jeffrey Fasoldt 220 Commercial Drive, Avon, NY 14414 | DIRECTOR/COMMITTEE MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- C/O NBT BANK NA 52 S BROAD ST, NORWICH, NY 13815-0000
- In care of
- % NBT BANK NA
- Signed the 990-PF
- NBT BANK NA, TRUSTEE
- Phone
- (607) 337-6136
- Return prepared by
- PWC US TAX 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 22-6423721
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $582,558
- Income (IRS master file)
- $191,722
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $42,934 | $188,160 | $692,078 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about PREFERRED FOUNDATION
- What is the EIN of PREFERRED FOUNDATION?
- The employer identification number (EIN) of PREFERRED FOUNDATION is 22-6423721.
- Is PREFERRED FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt.
- Which annual return does PREFERRED FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PREFERRED FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PREFERRED FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of PREFERRED FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does PREFERRED FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $58,388, expenses of $94,989 and total assets of $582,558 at year end.
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