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Nonprofit · EIN 32-0103899

WEBSTER BANK CHARITABLE FOUNDATION

Tax-exempt · WILMINGTON, DE 19809

Financials

$521K$4M2023$2.4M$4.5M2024
Revenue Expenses · by fiscal year end
Financials of WEBSTER BANK CHARITABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,422,538$4,489,287-$2,066,749$5,001,159$9,231$4,991,928
December 31, 2023990-PF$520,862$4,000,094-$3,479,232$7,094,937$36,260$7,058,677
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,245,000
Dividends
$127,226
Interest
$11,441
Net gain from sales of assets
$22,871
Other income
$16,000

Expenses

Grants and similar amounts paid
$4,450,630
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$4,497,709
Excise tax on investment income
$3,015

Balance sheet and other

Total assets, start of year
$7,094,937
Total assets, end of year
$5,001,159
Total liabilities, end of year
$9,231
Net assets, end of year
$4,991,928
Fair market value of assets
$5,001,159
Qualifying distributions
$4,497,709
Net investment income
$216,896

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
Kristy Berner
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
John Ciulla
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Javier Evans
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Neal Holland
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Treas1$0
Amy Jakobeit
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Glenn MacInnes
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Treas1$0
Luis Massiani
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Sec1$0
Claudia Piper
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Kathleen Stanley
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Executive VP, Dir1$0
Marissa Weidner
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Chairman, Dir, Pres1$0
990-PF for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
James Blose
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Sec1$0
John Ciulla
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Javier Evans
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Amy Jakobeit
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Glenn MacInnes
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Treas1$0
Luis Massiani
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Sec1$0
Claudia Piper
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Kathleen Stanley
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Executive VP, Dir1$0
Marissa Weidner
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Chairman, Dir, Pres1$0

Address and contacts

Address (IRS master file)
FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
In care of
% FOUNDATION SOURCE
Signed the 990-PF
Marissa Weidner, President
Phone
(800) 839-1754
Return prepared by
Foundation Source

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
32-0103899
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
2004
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$5,001,159
Income (IRS master file)
$9,447,468

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,422,538$4,489,287$5,001,159XML
990-PFDecember 2023$520,862$4,000,094$7,094,937XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 32-0103899).

Questions about WEBSTER BANK CHARITABLE FOUNDATION

What is the EIN of WEBSTER BANK CHARITABLE FOUNDATION?
The employer identification number (EIN) of WEBSTER BANK CHARITABLE FOUNDATION is 32-0103899.
Is WEBSTER BANK CHARITABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to WEBSTER BANK CHARITABLE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WEBSTER BANK CHARITABLE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of WEBSTER BANK CHARITABLE 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 WEBSTER BANK CHARITABLE 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 WEBSTER BANK CHARITABLE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does WEBSTER BANK CHARITABLE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,422,538, expenses of $4,489,287 and total assets of $5,001,159 at year end.

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