Nonprofit · EIN 26-0725242
DANIEL M KERRANE JR FOUNDATION
Tax-exempt · WINNETKA, IL 60093
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $104,457 | $100,377 | $4,080 | $1,587,389 | $0 | $1,587,389 |
| December 31, 2024 | 990-PF | $104,806 | $87,392 | $17,414 | $1,583,654 | $0 | $1,583,654 |
| December 31, 2023 | 990-PF | $88,225 | $84,417 | $3,808 | $1,562,199 | $0 | $1,562,199 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $79,872
- Interest
- $869
- Net gain from sales of assets
- $23,687
- Other income
- $29
Expenses
- Grants and similar amounts paid
- $80,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $80,000
- Excise tax on investment income
- $1,202
Balance sheet and other
- Total assets, start of year
- $1,583,654
- Total assets, end of year
- $1,587,389
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,587,389
- Fair market value of assets
- $1,797,564
- Qualifying distributions
- $80,000
- Net investment income
- $104,406
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 |
|---|---|---|---|
| LYNETTE KERRANE-DARRAGH 1550 ASBURY AVENUE, WINNETKA, IL 60093 | TRUSTEE | 1 | $0 |
| ERIC WOJCIKIEWICZ 149 MOORING BUOY, HILTON HEAD, SC 29928 | TRUSTEE | 0.25 | $0 |
| DAVID SCHERER 1249 WEST WEBSTER, CHICAGO, IL 60614 | TRUSTEE | 0.25 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNETTE KERRANE-DARRAGH 1550 ASBURY AVENUE, WINNETKA, IL 60093 | TRUSTEE | 1 | $0 |
| ERIC WOJCIKIEWICZ 149 MOORING BUOY, HILTON HEAD, SC 29928 | TRUSTEE | 0.25 | $0 |
| DAVID SCHERER 1249 WEST WEBSTER, CHICAGO, IL 60614 | TRUSTEE | 0.25 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LYNETTE KERRANE-DARRAGH 1550 ASBURY AVENUE, WINNETKA, IL 60093 | TRUSTEE | 1 | $0 |
| ERIC WOJCIKIEWICZ 149 MOORING BUOY, HILTON HEAD, SC 29928 | TRUSTEE | 0.25 | $0 |
| DAVID SCHERER 1249 WEST WEBSTER, CHICAGO, IL 60614 | TRUSTEE | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 1550 ASBURY AVE, WINNETKA, IL 60093-1302
- In care of
- % LYNETTE N KERRANE-DARRAGH
- Signed the 990-PF
- LYNETTE KERRANE-DARRAGH, TRUSTEE
- Phone
- (847) 441-9300
- Return prepared by
- JOHN K FLAHERTY & ASSOCIATES LTD
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
- 26-0725242
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $1,587,389
- Income (IRS master file)
- $272,198
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $104,457 | $100,377 | $1,587,389 | IRS |
| 990-PF | December 2024 | $104,806 | $87,392 | $1,583,654 | IRS |
| 990-PF | December 2023 | $88,225 | $84,417 | $1,562,199 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 26-0725242).
Questions about DANIEL M KERRANE JR FOUNDATION
- What is the EIN of DANIEL M KERRANE JR FOUNDATION?
- The employer identification number (EIN) of DANIEL M KERRANE JR FOUNDATION is 26-0725242.
- Is DANIEL M KERRANE JR FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Which annual return does DANIEL M KERRANE JR FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DANIEL M KERRANE JR 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 DANIEL M KERRANE JR 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 DANIEL M KERRANE JR FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does DANIEL M KERRANE JR FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $104,457, expenses of $100,377 and total assets of $1,587,389 at year end.
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