Nonprofit · EIN 27-2372725
RACKHAM FOUNDATION LIMITED
Tax-exempt · LEESBURG, VA 20175
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $148,290 | $243,007 | -$94,717 | $1,999,235 | $17 | $1,999,218 |
| December 31, 2024 | 990-PF | $71,352 | $266,439 | -$195,087 | $2,093,952 | $17 | $2,093,935 |
| December 31, 2023 | 990-PF | -$96,460 | $331,080 | -$427,540 | $2,236,402 | $6,675 | $2,229,727 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $50,215
- Interest
- $496
- Net gain from sales of assets
- $97,579
Expenses
- Grants and similar amounts paid
- $161,143
- Compensation of officers, directors and key employees
- $33,000
- Disbursements for charitable purposes
- $230,475
- Excise tax on investment income
- $1,887
Balance sheet and other
- Total assets, start of year
- $2,093,952
- Total assets, end of year
- $1,999,235
- Total liabilities, end of year
- $17
- Net assets, end of year
- $1,999,218
- Fair market value of assets
- $2,263,398
- Qualifying distributions
- $230,475
- Net investment income
- $148,290
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 |
|---|---|---|---|
| KATHRYN SCHNABLE 39255 CROOKED BRIDGE LN, LEESBURG, VA 20175 | TREASURER | 10 | $33,000 |
| NEIL RACKHAM 39255 CROOKED BRIDGE LN, LEESBURG, VA 20175 | PRESIDENT | 1 | $0 |
| AVA ABRAMOWITZ 39255 CROOKED BRIDGE LN, LEESBURG, VA 20175 | SECRETARY | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NEIL RACKHAM 39255 CROOKED BRIDGE LN, LEESBURG, VA 20175 | PRESIDENT | 1 | $0 |
| KATHRYN SCHNABLE 39255 CROOKED BRIDGE LN, LEESBURG, VA 20175 | TREASURER | 1 | $0 |
| AVA ABRAMOWITZ 39255 CROOKED BRIDGE LN, LEESBURG, VA 20175 | SECRETARY | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NEIL RACKHAM 38620 LIME KILN ROAD, LEESBURG, VA 20175 | PRESIDENT | 1 | $0 |
| KATHRYN SCHNABLE 38620 LIME KILN ROAD, LEESBURG, VA 20175 | TREASURER | 1 | $0 |
| AVA ABRAMOWITZ 38620 LIME KILN ROAD, LEESBURG, VA 20175 | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 39255 CROOKED BRIDGE LN, LEESBURG, VA 20175-6664
- In care of
- % NEIL RACKHAM
- Signed the 990-PF
- NEIL RACKHAM, PRESIDENT
- Phone
- (703) 999-1676
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
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
- 27-2372725
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,999,235
- Income (IRS master file)
- $587,130
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $148,290 | $243,007 | $1,999,235 | XML |
| 990-PF | December 2024 | $71,352 | $266,439 | $2,093,952 | XML |
| 990-PF | December 2023 | -$96,460 | $331,080 | $2,236,402 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 27-2372725).
Questions about RACKHAM FOUNDATION LIMITED
- What is the EIN of RACKHAM FOUNDATION LIMITED?
- The employer identification number (EIN) of RACKHAM FOUNDATION LIMITED is 27-2372725.
- Is RACKHAM FOUNDATION LIMITED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to RACKHAM FOUNDATION LIMITED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does RACKHAM FOUNDATION LIMITED file?
- Form 990-PF. Private foundations file every year.
- When is the next return of RACKHAM FOUNDATION LIMITED 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 RACKHAM FOUNDATION LIMITED 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 RACKHAM FOUNDATION LIMITED?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $33,000 (KATHRYN SCHNABLE, TREASURER).
- How much revenue does RACKHAM FOUNDATION LIMITED have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $148,290, expenses of $243,007 and total assets of $1,999,235 at year end.
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