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Nonprofit · EIN 23-1387107

SARAH RALSTON FOUNDATION

Tax-exempt · PHILADELPHIA, PA 19109

Financials

$3.5M$2.8M2025
Revenue Expenses · by fiscal year end
Financials of SARAH RALSTON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,519,900$2,821,298$698,602$63,479,319$599,152$62,880,167
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$98,476
Program service revenue
$0
Investment income
$3,421,262
Net gain from sales of assets
$1,747,283
Other revenue
$162

Expenses

Grants and similar amounts paid
$1,886,750
Compensation of officers, directors and key employees
$229,854
Other salaries and wages
$155,124
Salaries, compensation and benefits (total)
$433,259
Professional fundraising fees
$0
Legal fees
$11,735
Accounting fees
$86,423
Occupancy
$30,978
Travel
$5,114
Depreciation
$1,295
Program services (functional)
$2,294,658
Management and general (functional)
$519,268
Fundraising (functional)
$7,372

Balance sheet and other

Total assets, start of year
$60,333,987
Total assets, end of year
$63,479,319
Total liabilities, end of year
$599,152
Net assets, end of year
$62,880,167
Land, buildings and equipment
$3,816
Publicly traded securities
$55,747,617
Net assets without donor restrictions
$58,818,117
Net assets with donor restrictions
$4,062,050
Gross receipts
$36,612,961
Employees
3
Volunteers
16
Year formed
1934
State of legal domicile
PA

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 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
HEATHER FINNEGANEXECUTIVE DIRECTOR
Officer
40$212,670$17,184
BENJAMIN T HOYLE MGAPRESIDENT
Trustee or director, Officer
1$0$0
JERRY C JOHNSON MDVICE PRESIDENT
Trustee or director, Officer
1$0$0
LARRY DANIELS MBATREASURER
Trustee or director, Officer
1$0$0
THERESE DEVRIES NARZIKUL MBASECRETARY
Trustee or director, Officer
1$0$0
ALEXIS AHIAGBEDIRECTOR
Trustee or director
1$0$0
RANDALL J BRAUNFELD MADIRECTOR
Trustee or director
1$0$0
ANNE E CALLAN MPH CPHDIRECTOR
Trustee or director
1$0$0
MARGIE DUBROWDIRECTOR
Trustee or director
1$0$0
U TARA HAYDEN MHSADIRECTOR
Trustee or director
1$0$0
DAVID NAGEL ESQDIRECTOR
Trustee or director
1$0$0
MICHAEL J WASSIL CPADIRECTOR
Trustee or director
1$0$0
JUSTIN WILLIAMSDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
123 S BROAD ST STE 2245, PHILADELPHIA, PA 19109-1020
Principal officer (990 for 2025)
HEATHER FINNEGAN, 123 SOUTH BROAD STREET 2245, PHILADELPHIA, PA 19109
Signed the 990
HEATHER FINNEGAN, EXECUTIVE DIRECTOR
Phone
(215) 386-2984
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

THE SARAH RALSTON FOUNDATION SUPPORTS AND ENHANCES THE QUALITY OF LIFE OF VULNERABLE AND UNDERSERVED OLDER ADULTS RESIDING IN PHILADELPHIA COUNTY. CONTINUED ON SCHEDULE O.

990 for the year ended December 31, 2025

Program accomplishments

  • THE FOUNDATION RAN TWO GRANT CYCLES. THE FIRST CYCLE WAS AN OPERATING GRANT CYCLE - THE APPLICATION WAS DUE 4/1/2025, THE AWARDS WERE ANNOUNCED 5-2025, AND PAYMENTS MADE 6-2025. THE SECOND CYCLE WAS AN INNOVATIVE GRANT CYCLE - THE APPLICATION WAS DUE 9/1/2025, THE AWARDS WERE ANNOUNCED 11-2025, AND PAYMENTS WERE MADE 12-2025. SEVERAL OF THE INNOVATIVE GRANTS WERE MULTI-YEAR. THE OPERATING GRANTS WERE ONLY AWARDED FOR ONE YEAR.
    Expenses $2,294,658 · grants $1,886,750

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-1387107
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1934
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P810)
Assets (IRS master file)
$63,479,319
Income (IRS master file)
$36,612,961

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990December 2024–––IRS
990December 2023$44,688,276$2,837,506$58,124,198IRS
990December 2022$1,322,100$1,052,735$15,325,954IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 SARAH RALSTON FOUNDATION

What is the EIN of SARAH RALSTON FOUNDATION?
The employer identification number (EIN) of SARAH RALSTON FOUNDATION is 23-1387107.
Is SARAH RALSTON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1934.
Are donations to SARAH RALSTON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SARAH RALSTON FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SARAH RALSTON 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 SARAH RALSTON FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SARAH RALSTON FOUNDATION?
The 990 for the year ended December 31, 2025 names HEATHER FINNEGAN.
Who are the officers and directors of SARAH RALSTON FOUNDATION?
The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $212,670 (HEATHER FINNEGAN, EXECUTIVE DIRECTOR).
How much revenue does SARAH RALSTON FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,519,900, expenses of $2,821,298 and total assets of $63,479,319 at year end.

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