Nonprofit · EIN 31-1627480
RICHARD B SNEED FOUNDATION
Tax-exempt · SARASOTA, FL 34238
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $61,791 | $303,545 | -$241,754 | $627,203 | $0 | $627,203 |
| December 31, 2024 | 990-PF | $98,353 | $154,848 | -$56,495 | $629,788 | $0 | $629,788 |
| December 31, 2023 | 990-PF | $87,655 | $140,315 | -$52,660 | $686,281 | $0 | $686,281 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $61,730
- Net gain from sales of assets
- $48
- Other income
- $13
Expenses
- Grants and similar amounts paid
- $268,754
- Compensation of officers, directors and key employees
- $2,000
- Salaries, compensation and benefits (total)
- $0
- Disbursements for charitable purposes
- $268,754
- Excise tax on investment income
- $388
Balance sheet and other
- Total assets, start of year
- $629,788
- Total assets, end of year
- $627,203
- Total liabilities, end of year
- $0
- Net assets, end of year
- $627,203
- Fair market value of assets
- $2,407,745
- Qualifying distributions
- $268,754
- Net investment income
- $61,791
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 | Other / benefits |
|---|---|---|---|---|
| Robert B Sneed 1800 Riverside Dr, 1409, Columbus, OH 43212 | President | 1.5 | $2,000 | $13,000 |
| Richard C Sneed 5663 Torosay Way, Sarasota, FL 34238 | Secretary | 1.8 | $0 | $7,500 |
| Nancy S Sneed 5663 Torosay Way, Sarasota, FL 34238 | Treasurer | 0.8 | $0 | $7,500 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Robert B Sneed 1800 Riverside Dr, 1409, Columbus, OH 43212 | President | 0.8 | $2,000 | $13,000 |
| Richard C Sneed 9218 McDaniel Ln, Sarasota, FL 34240 | Secretary | 1.8 | $0 | $7,500 |
| Nancy S Sneed 9218 McDaniel Ln, Sarasota, FL 34240 | Treasurer | 1.8 | $0 | $7,500 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Robert B Sneed 715 Hawthorne Dr, Circleville, OH 43113 | President | 0.7 | $2,000 | $13,000 |
| Richard C Sneed 9218 McDaniel Ln, Sarasota, FL 34240 | Secretary | 1.84 | $0 | $7,500 |
| Nancy S Sneed 9218 McDaniel Ln, Sarasota, FL 34240 | Treasurer | 1.32 | $0 | $7,500 |
Address and contacts
- Address (IRS master file)
- 5663 TOROSAY WAY, SARASOTA, FL 34238-8524
- In care of
- % RICHARD C SNEED
- Signed the 990-PF
- ROBERT SNEED, President
- Phone
- (941) 302-3417
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
- 31-1627480
- 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
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $627,203
- Income (IRS master file)
- $62,018
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $61,791 | $303,545 | $627,203 | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $87,655 | $140,315 | $686,281 | IRS |
| 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 31-1627480).
Questions about RICHARD B SNEED FOUNDATION
- What is the EIN of RICHARD B SNEED FOUNDATION?
- The employer identification number (EIN) of RICHARD B SNEED FOUNDATION is 31-1627480.
- Is RICHARD B SNEED FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to RICHARD B SNEED FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does RICHARD B SNEED FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of RICHARD B SNEED 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 RICHARD B SNEED 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 RICHARD B SNEED FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $2,000 (Robert B Sneed, President).
- How much revenue does RICHARD B SNEED FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $61,791, expenses of $303,545 and total assets of $627,203 at year end.
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All nonprofits in SARASOTA · Florida · Philanthropy, voluntarism and grantmaking foundations