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Nonprofit · EIN 34-1319236

THE PAUL AND CAROL DAVID FOUNDATION

Tax-exempt · CANTON, OH 44718

Financials

$5.5M$4.3M2023$4M$5M2024
Revenue Expenses · by fiscal year end
Financials of THE PAUL AND CAROL DAVID FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$3,967,385$5,041,685-$1,074,300$62,379,378$0$62,379,378
December 31, 2023990-PF$5,483,063$4,314,506$1,168,557$63,459,105$0$63,459,105
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,211,715
Interest
$341
Net gain from sales of assets
$1,850,265
Other income
$905,064

Expenses

Grants and similar amounts paid
$2,900,139
Compensation of officers, directors and key employees
$244,320
Salaries, compensation and benefits (total)
$331,014
Disbursements for charitable purposes
$3,456,149
Excise tax on investment income
$36,310

Balance sheet and other

Total assets, start of year
$63,459,105
Total assets, end of year
$62,379,378
Total liabilities, end of year
$0
Net assets, end of year
$62,379,378
Fair market value of assets
$76,102,517
Qualifying distributions
$3,456,149
Net investment income
$3,651,058

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 / weekCompensationOther / benefits
Walt Stanislawski
4048 Dressler Rd NW 200, Canton, OH 44718
Staff
Highest-paid employee
40$264,810$51,643
Jeffrey David
4048 Dressler Rd NW 200, Canton, OH 44718
President35$220,320$43,925
Christy Melert
4048 Dressler Rd NW 200, Canton, OH 44718
Staff
Highest-paid employee
40$66,204$27,439
Scott F Whetstone
4048 Dressler Rd NW 200, Canton, OH 44718
Trustee2$24,000$0
Carol David
4048 Dressler Rd NW 200, Canton, OH 44718
Chairperson8$0$0
Thomas G Knoll
4048 Dressler Rd NW 200, Canton, OH 44718
Trustee2$0$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
Walt Stanislawski
4048 Dressler Rd NW 200, Canton, OH 44718
Staff
Highest-paid employee
40$247,260$50,235
Jeffrey David
4048 Dressler Rd NW 200, Canton, OH 44718
President35$170,420$42,466
Christy Melert
4048 Dressler Rd NW 200, Canton, OH 44718
Staff
Highest-paid employee
40$62,828$26,572
Scott F Whetstone
4048 Dressler Rd NW 200, Canton, OH 44718
Trustee2$24,000$0
Carol David
4048 Dressler Rd NW 200, Canton, OH 44718
Chairperson8$0$0
Thomas G Knoll
4048 Dressler Rd NW 200, Canton, OH 44718
Trustee2$0$0

Address and contacts

Address (IRS master file)
4048 DRESSLER RD NW STE 200, CANTON, OH 44718-2784
Signed the 990-PF
Jeffrey David President, President
Phone
(330) 479-0200
Return prepared by
415 Group Inc

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
34-1319236
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
1980
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$62,379,378
Income (IRS master file)
$7,973,566

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,967,385$5,041,685$62,379,378XML
990-TDecember 2024–––IRS
990-PFDecember 2023$5,483,063$4,314,506$63,459,105XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––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 34-1319236).

Questions about THE PAUL AND CAROL DAVID FOUNDATION

What is the EIN of THE PAUL AND CAROL DAVID FOUNDATION?
The employer identification number (EIN) of THE PAUL AND CAROL DAVID FOUNDATION is 34-1319236.
Is THE PAUL AND CAROL DAVID FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to THE PAUL AND CAROL DAVID FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE PAUL AND CAROL DAVID FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE PAUL AND CAROL DAVID 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 THE PAUL AND CAROL DAVID 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 THE PAUL AND CAROL DAVID FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 6 people; 4 received compensation from the organization, the highest $264,810 (Walt Stanislawski, Staff).
How much revenue does THE PAUL AND CAROL DAVID FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,967,385, expenses of $5,041,685 and total assets of $62,379,378 at year end.

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