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Nonprofit · EIN 27-3621031

MSBD FOUNDATION

Tax-exempt · NORTHBROOK, IL 60062

Financials

$813K$183K2023$2.4M$375K2024
Revenue Expenses · by fiscal year end
Financials of MSBD FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,432,699$375,451$2,057,248$4,768,103$0$4,768,103
December 31, 2023990-PF$813,041$182,606$630,435$3,394,413$6,500$3,387,913
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,343,136
Dividends
$80,680
Interest
$1,047
Net gain from sales of assets
$1,006,024
Other income
$1,812

Expenses

Grants and similar amounts paid
$357,357
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$359,614
Excise tax on investment income
$14,908

Balance sheet and other

Total assets, start of year
$3,394,413
Total assets, end of year
$4,768,103
Total liabilities, end of year
$0
Net assets, end of year
$4,768,103
Fair market value of assets
$5,578,036
Qualifying distributions
$359,614
Net investment income
$1,088,345

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
JEFFREY C HAMMES
650 DUNDEE RD STE 275, NORTHBROOK, IL 60062
DIRECTOR, PRESIDENT, TREAS0$0
LINDA H HAMMES
650 DUNDEE RD STE 275, NORTHBROOK, IL 60062
DIRECTOR, SECRETARY0$0
MITCHELL H HAMMES
650 DUNDEE RD STE 275, NORTHBROOK, IL 60062
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JEFFREY C HAMMES
650 DUNDEE RD STE 275, NORTHBROOK, IL 60062
DIRECTOR, PRESIDENT, TREAS0$0
LINDA H HAMMES
650 DUNDEE RD STE 275, NORTHBROOK, IL 60062
DIRECTOR, SECRETARY0$0
MITCHELL H HAMMES
650 DUNDEE RD STE 275, NORTHBROOK, IL 60062
DIRECTOR0$0

Address and contacts

Address (IRS master file)
650 DUNDEE RD STE 275, NORTHBROOK, IL 60062-2756
In care of
% JEFFREY C HAMMES
Signed the 990-PF
JEFFREY C HAMMES, PRESIDENT
Phone
(312) 862-2476
Return prepared by
PROSPERITY PARTNERS

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
27-3621031
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
2010
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$4,768,103
Income (IRS master file)
$19,095,661

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,432,699$375,451$4,768,103XML
990-PFDecember 2023$813,041$182,606$3,394,413XML
990-PFDecember 2022-$135,761$200,908$2,703,896IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 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 27-3621031).

Questions about MSBD FOUNDATION

What is the EIN of MSBD FOUNDATION?
The employer identification number (EIN) of MSBD FOUNDATION is 27-3621031.
Is MSBD FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to MSBD FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MSBD FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MSBD FOUNDATION 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 MSBD FOUNDATION 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 MSBD FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MSBD FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,432,699, expenses of $375,451 and total assets of $4,768,103 at year end.

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