Nonprofit · EIN 26-2698626
ROWLAND FOUNDATION INC
Tax-exempt · BURLINGTON, VT 05401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $901,562 | $1,316,926 | -$415,364 | $35,353,458 | $2,176 | $35,351,282 |
| June 30, 2024 | 990-PF | $768,997 | $2,044,870 | -$1,275,873 | $34,232,369 | $1,781 | $34,230,588 |
| June 30, 2023 | 990-PF (amended) | $570,523 | $1,042,864 | -$472,341 | $31,803,560 | $1,826 | $31,801,734 |
| June 30, 2022 | 990-PF (amended) | $572,051 | $1,298,559 | -$726,508 | $28,735,934 | $1,730 | $28,734,204 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Dividends
- $734,408
- Net gain from sales of assets
- $128,540
- Other income
- $38,614
Expenses
- Grants and similar amounts paid
- $686,362
- Compensation of officers, directors and key employees
- $167,181
- Salaries, compensation and benefits (total)
- $139,000
- Disbursements for charitable purposes
- $1,233,010
- Excise tax on investment income
- $10,829
Balance sheet and other
- Total assets, start of year
- $34,232,369
- Total assets, end of year
- $35,353,458
- Total liabilities, end of year
- $2,176
- Net assets, end of year
- $35,351,282
- Fair market value of assets
- $35,353,458
- Qualifying distributions
- $1,233,010
- Net investment income
- $862,948
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL MARTIN 24 HIGH GROVE COURT, BURLINGTON, VT 05401 | Executive Dir. | 40 | $159,181 | $8,000 |
| ANNE BERGERON PO BOX 442, CORINTH, VT 05039 | Trustee | 1 | $0 | – |
| ERICA WALLSTROM 135 MERE POINT ROAD, BRUNSWICK, ME 04011 | Trustee | 1 | $0 | – |
| CARTER RAWSON PO BOX 504, DORSET, VT 05251 | Secretary | 1 | $0 | – |
| HEIDI LYNN PO BOX 337, DORSET, VT 05251 | President | 1 | $0 | – |
| JAMES C MOONEY PO BOX 405, KEENE VALLEY, NY 12943 | Trustee | 1 | $0 | – |
| DANIEL B ROWLAND 121 N MARTIN L KING BLVD - 404, LEXINGTON, KY 40507 | Trustee | 1 | $0 | – |
| JOHN A SHEPARD JR 879 WESTHOLM ROAD, NISKAYUNA, NY 12307 | Trustee | 1 | $0 | – |
990-PF for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL MARTIN 24 HIGH GROVE COURT, BURLINGTON, VT 05401 | Executive Dir. | 40 | $156,060 |
| ERICA WALLSTROM 135 MERE POINT ROAD, BRUNSWICK, ME 04011 | Trustee | 1 | $0 |
| CARTER RAWSON PO BOX 504, DORSET, VT 05251 | Secretary | 1 | $0 |
| HEIDI LYNN PO BOX 337, DORSET, VT 05251 | President | 1 | $0 |
| JAMES C MOONEY PO BOX 405, KEENE VALLEY, NY 12943 | Trustee | 1 | $0 |
| DANIEL B ROWLAND 121 N MARTIN L KING BLVD - 404, LEXINGTON, KY 40507 | Trustee | 1 | $0 |
| JOHN A SHEPARD JR 879 WESTHOLM ROAD, NISKAYUNA, NY 12307 | Trustee | 1 | $0 |
990-PF for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL MARTIN 24 HIGH GROVE COURT, BURLINGTON, VT 05401 | Executive Dir. | 40 | $153,000 |
| CAITLIN STEELE 68 MOUNTAIN STREET, BRISTOL, VT 05443 | Trustee | 1 | $0 |
| ERICA WALLSTROM 135 MERE POINT ROAD, BRUNSWICK, ME 04011 | Trustee | 1 | $0 |
| CARTER RAWSON PO BOX 504, DORSET, VT 05251 | Secretary | 1 | $0 |
| HEIDI LYNN PO BOX 337, DORSET, VT 05251 | President | 1 | $0 |
| JAMES C MOONEY PO BOX 405, KEENE VALLEY, NY 12943 | Trustee | 1 | $0 |
| DANIEL B ROWLAND 121 N MARTIN L KING BLVD - 404, LEXINGTON, KY 40507 | Trustee | 1 | $0 |
| JOHN A SHEPARD JR 879 WESTHOLM ROAD, NISKAYUNA, NY 12307 | Trustee | 1 | $0 |
| CHARLES SCRANTON BOX 405, MANCHESTER, VT 05254 | Trustee | 1 | $0 |
990-PF for the year ended June 30, 2022: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL MARTIN 24 HIGH GROVE COURT, BURLINGTON, VT 05401 | Executive Dir. | 40 | $150,000 |
| CHARLES SCRANTON BOX 405, MANCHESTER, VT 05254 | Ex Dir/Trustee | 40 | $41,500 |
| CAITLIN STEELE 68 MOUNTAIN STREET, BRISTOL, VT 05443 | Trustee | 1 | $0 |
| ERICA WALLSTROM 18 HIGHLAND AVE, RUTLAND, VT 05701 | Trustee | 1 | $0 |
| CARTER RAWSON PO BOX 504, DORSET, VT 05251 | Secretary | 1 | $0 |
| HEIDI LYNN PO BOX 337, DORSET, VT 05251 | President | 1 | $0 |
| JAMES C MOONEY PO BOX 405, KEENE VALLYE, NY 12943 | Trustee | 1 | $0 |
| DANIEL B ROWLAND 121 N MARTIN L KING BLVD - 404, LEXINGTON, KY 40507 | Trustee | 1 | $0 |
| JOHN A SHEPARD JR 879 WESTHOLM ROAD, NISKAYUNA, NY 12307 | Trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 47 MAPLE ST STE 200, BURLINGTON, VT 05401-4956
- In care of
- % BENJAMIN A ROWLAND JR
- Signed the 990-PF
- HEIDI LYNN, President
- Phone
- (802) 230-7879
- Website
- WWW.THEROWLANDFOUNDATION.ORG
- Return prepared by
- SPIVEY LEMONIK SWENOR PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 26-2698626
- 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
- June
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $35,353,458
- Income (IRS master file)
- $2,179,389
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $901,562 | $1,316,926 | $35,353,458 | IRS |
| 990-PF | June 2024 | $768,997 | $2,044,870 | $34,232,369 | XML |
| 990-PF | June 2023 | $570,523 | $1,042,864 | $31,803,560 | XML |
| 990-PF | June 2022 | $572,051 | $1,298,559 | $28,735,934 | XML |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2020 | – | – | – | IRS |
| 990-PF | June 2019 | – | – | – | 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 26-2698626).
Questions about ROWLAND FOUNDATION INC
- What is the EIN of ROWLAND FOUNDATION INC?
- The employer identification number (EIN) of ROWLAND FOUNDATION INC is 26-2698626.
- Is ROWLAND FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to ROWLAND FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ROWLAND FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ROWLAND FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROWLAND FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of ROWLAND FOUNDATION INC?
- The 990-PF for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $159,181 (MICHAEL MARTIN, Executive Dir.).
- How much revenue does ROWLAND FOUNDATION INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $901,562, expenses of $1,316,926 and total assets of $35,353,458 at year end.
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