Nonprofit · EIN 33-0877196
MARK WADE CHOATE III FOUNDATION
Tax-exempt · PALOS VERDES ESTATES, CA 90274
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $39,135 | $10,025 | $29,110 | $117,559 | $0 | $117,559 |
| December 31, 2024 | 990-PF | $24,715 | $10,055 | $14,660 | $88,449 | $0 | $88,449 |
| December 31, 2023 | 990-PF | -$4,541 | $20,024 | -$24,565 | $73,789 | $0 | $73,789 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,500
- Dividends
- $2,366
- Interest
- $6
- Net gain from sales of assets
- $33,263
Expenses
- Grants and similar amounts paid
- $10,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Disbursements for charitable purposes
- $10,025
- Excise tax on investment income
- $33
Balance sheet and other
- Total assets, start of year
- $88,449
- Total assets, end of year
- $117,559
- Total liabilities, end of year
- $0
- Net assets, end of year
- $117,559
- Fair market value of assets
- $164,456
- Qualifying distributions
- $10,025
- Net investment income
- $2,372
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 |
|---|---|---|---|
| Mark Choate 2453 Via Sonoma, PV Estates, CA 90274 | President | 0 | $0 |
| Cynthia Choate 2453 Via Sonoma, PV Estates, CA 90274 | Sec Treas | 0 | $0 |
| Courtney Knapp 2935 Rancho Vacada, Carlsbad, CA 92009 | Director | 0 | $0 |
| Kaysie Fitzpatrick 34122 Chula Vista Ave, Dana Point, CA 92629 | Director | 0 | $0 |
| Michael Knapp 2935 Rancho Vacada, Dana Point, CA 92009 | Director | 0 | $0 |
| Gary Fitzpatrick 34122 Chula Vista Ave, Dana Point, CA 92629 | Director | 0 | $0 |
990-PF for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Choate 2453 Via Sonoma, PC Estates, CA 90274 | President | 0 | $0 |
| Cynthia Jean Choate 2453 Via Somona, PV Estates, CA 90274 | Sec/Treasure | 0 | $0 |
| Courtney Knapp 2935 Rancho Vacada, Carlsbad, CA 92009 | Director | 0 | $0 |
| Kaysie Fitzpatrick 34122 Chula Vista Ave, Dana Point, CA 92629 | Director | 0 | $0 |
| Michael Knapp 2935 Rancho Vacada, Carlsbad, CA 92009 | Director | 0 | $0 |
| Gary Fitzpatrick 34122 Chula Vista Ave, Dana Point, CA 92629 | Director | 0 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Choate 2453 Via Sonoma, PC Estates, CA 90274 | President | 0 | $0 |
| Cynthia Jean Choate 2453 Via Somona, PV Estates, CA 90274 | Sec Treasure | 0 | $0 |
| Courtney Knapp 2935 Rancho Vacada, Carlsbad, CA 92009 | Director | 0 | $0 |
| Kaysie Fitzpatrick 34122 Chula Vista Ave, Dana Point, CA 92629 | Dirtector | 0 | $0 |
| Michael Knapp 2935 Rancho Vacada, Carlsbad, CA 92009 | Director | 0 | $0 |
| Gary Fitzpatrick 34122 Chula Vista Ave, Dana Point, CA 92629 | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2543 VIA SONOMA, PALOS VERDES ESTATES, CA 90274-0000
- In care of
- % MARK CHOATE
- Signed the 990-PF
- Mark Choate, President
- Phone
- (310) 375-0966
California records
California keeps its own records of charities and corporations. Search them by EIN 33-0877196 or by the name MARK WADE CHOATE III FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
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
- 33-0877196
- 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 (T90)
- Assets (IRS master file)
- $117,559
- Income (IRS master file)
- $61,427
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $39,135 | $10,025 | $117,559 | IRS |
| 990-PF | December 2024 | $24,715 | $10,055 | $88,449 | IRS |
| 990-PF | December 2023 | -$4,541 | $20,024 | $73,789 | XML |
| 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 33-0877196).
Questions about MARK WADE CHOATE III FOUNDATION
- What is the EIN of MARK WADE CHOATE III FOUNDATION?
- The employer identification number (EIN) of MARK WADE CHOATE III FOUNDATION is 33-0877196.
- Is MARK WADE CHOATE III FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to MARK WADE CHOATE III FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MARK WADE CHOATE III FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MARK WADE CHOATE III 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 MARK WADE CHOATE III 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 MARK WADE CHOATE III FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does MARK WADE CHOATE III FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $39,135, expenses of $10,025 and total assets of $117,559 at year end.
Other nonprofits in PALOS VERDES ESTATES
- PALOS VERDES PENINSULA VILLAGE INCORPORATED EIN 47-1928681 · last filed 990-EZ for 2025
- JONES-KANAAR FOUNDATION EIN 95-4500748 · last filed 990-PF for 2024
- PALOS VERDES ESTATES PUBLIC SERVICE EMPLOYEES ASSOCIATION EIN 47-4380387 · last filed 990-N for 2025
- SEA KINGS LACROSSE ACADEMY EIN 86-1837124 · last filed 990-N for 2023
All nonprofits in PALOS VERDES ESTATES · California · Philanthropy, voluntarism and grantmaking foundations