Nonprofit · EIN 26-1291625
WLC AND SBC FAMILY FOUNDATION
Tax-exempt · NEW YORK, NY 10036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $70,347 | $55,316 | $15,031 | $491,476 | $0 | $491,476 |
| December 31, 2024 | 990-PF | $5,745 | $222,391 | -$216,646 | $476,445 | $0 | $476,445 |
| December 31, 2023 | 990-PF | $26,430 | $49,038 | -$22,608 | $695,790 | $0 | $695,790 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $14,013
- Net gain from sales of assets
- $56,334
Expenses
- Grants and similar amounts paid
- $43,000
- Disbursements for charitable purposes
- $43,000
- Excise tax on investment income
- $809
Balance sheet and other
- Total assets, start of year
- $476,445
- Total assets, end of year
- $491,476
- Total liabilities, end of year
- $0
- Net assets, end of year
- $491,476
- Fair market value of assets
- $580,250
- Qualifying distributions
- $43,000
- Net investment income
- $70,347
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 |
|---|---|---|---|
| Peter R Chapman 108 Waterway Drive, Savannah, GA 31411 | Trustee | 0 | $0 |
| Susan Chapman 108 Waterway Drive, Savannah, GA 31411 | Trustee | 0 | $0 |
| Kenneth R Asher 5 Highview Avenue, Old Greenwich, CT 06870 | Secretary | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Peter R Chapman 108 Waterway Drive, Savannah, GA 31411 | Trustee | 0 | $0 |
| Susan Chapman 108 Waterway Drive, Savannah, GA 31411 | Trustee | 0 | $0 |
| Kenneth R Asher 5 Highview Avenue, Old Greenwich, CT 06870 | Secretary | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Peter R Chapman 108 Waterway Drive, Savannah, GA 31411 | Trustee | 0 | $0 |
| Susan Chapman 108 Waterway Drive, Savannah, GA 31411 | Trustee | 0 | $0 |
| Kenneth R Asher 5 Highview Avenue, Old Greenwich, CT 06870 | Secretary | 0 | $0 |
Address and contacts
- Address (IRS master file)
- C/O BROWN RUDNICK 7 TIMES SQ 47 FL, NEW YORK, NY 10036-0000
- In care of
- % BROWN RUDNICK BERLACK ISRAELS
- Signed the 990-PF
- Kenneth R Asher, Secretary
- Phone
- (203) 273-8452
- Return prepared by
- Kenneth R Asher
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
- 26-1291625
- 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
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $491,476
- Income (IRS master file)
- $394,274
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $70,347 | $55,316 | $491,476 | IRS |
| 990-PF | December 2024 | $5,745 | $222,391 | $476,445 | IRS |
| 990-PF | December 2023 | $26,430 | $49,038 | $695,790 | 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 26-1291625).
Questions about WLC AND SBC FAMILY FOUNDATION
- What is the EIN of WLC AND SBC FAMILY FOUNDATION?
- The employer identification number (EIN) of WLC AND SBC FAMILY FOUNDATION is 26-1291625.
- Is WLC AND SBC FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to WLC AND SBC FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WLC AND SBC FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WLC AND SBC FAMILY 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 WLC AND SBC FAMILY 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 WLC AND SBC FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does WLC AND SBC FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $70,347, expenses of $55,316 and total assets of $491,476 at year end.
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