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Nonprofit · EIN 26-1514117

KROUSE FAMILY FOUNDATION INC

Tax-exempt · BOCA RATON, FL 33486

Financials

$2.2M$996K2023$4.8M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of KROUSE FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$4,840,062$1,605,250$3,234,812$41,297,654$0$41,297,654
December 31, 2023990-PF$2,213,544$995,907$1,217,637$38,323,062$0$38,323,062
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,864,812
Interest
$328,570
Net gain from sales of assets
$2,530,136
Other income
$116,544

Expenses

Grants and similar amounts paid
$1,359,158
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,359,158
Excise tax on investment income
$64,878

Balance sheet and other

Total assets, start of year
$38,323,063
Total assets, end of year
$41,297,654
Total liabilities, end of year
$0
Net assets, end of year
$41,297,654
Fair market value of assets
$41,297,654
Qualifying distributions
$1,359,158
Net investment income
$4,833,201

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
RODGER R KROUSE
5200 TOWN CENTER CIRCLE SUITE 470, BOCA RATON, FL 33486
DIRECTOR/PRESIDENT1$0
HILLARY KROUSE
5200 TOWN CENTER CIRCLE SUITE 470, BOCA RATON, FL 33486
DIRECTOR/PRESIDENT1$0
MARC J LEDER
5200 TOWN CENTER CIRCLE SUITE 470, BOCA RATON, FL 33486
DIRECTOR/PRESIDENT1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
RODGER R KROUSE
5200 TOWN CENTER CIRCLE SUITE 470, BOCA RATON, FL 33486
DIRECTOR/PRESIDENT1$0
HILLARY KROUSE
5200 TOWN CENTER CIRCLE SUITE 470, BOCA RATON, FL 33486
DIRECTOR/PRESIDENT1$0
MARC J LEDER
5200 TOWN CENTER CIRCLE SUITE 470, BOCA RATON, FL 33486
DIRECTOR/PRESIDENT1$0

Address and contacts

Address (IRS master file)
5200 TOWN CENTER CIR STE 470, BOCA RATON, FL 33486-1086
In care of
% DONNA WOHLFARTH
Signed the 990-PF
RODGER R KROUSE, PRESIDENT
Phone
(561) 394-0550
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 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
26-1514117
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
2008
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$41,297,654
Income (IRS master file)
$6,271,310

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$4,840,062$1,605,250$41,297,654XML
990-TDecember 2024–––IRS
990-PFDecember 2023$2,213,544$995,907$38,323,062IRS
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-PFSeptember 2022–––IRS
990-PFSeptember 2021–––IRS
990-PFSeptember 2020–––IRS
990-PFSeptember 2018–––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 26-1514117).

Questions about KROUSE FAMILY FOUNDATION INC

What is the EIN of KROUSE FAMILY FOUNDATION INC?
The employer identification number (EIN) of KROUSE FAMILY FOUNDATION INC is 26-1514117.
Is KROUSE FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to KROUSE FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KROUSE FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of KROUSE FAMILY FOUNDATION INC 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 KROUSE FAMILY FOUNDATION INC 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 KROUSE FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does KROUSE FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,840,062, expenses of $1,605,250 and total assets of $41,297,654 at year end.

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