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Nonprofit · EIN 34-6400765

EDWARD DRUMMOND LIBBEY ENDOWMENT FUND 20-10-211-0326880

Tax-exempt · BROOKLYN, OH 44144

Financials

$2.4M$2.6M2022$1.8M$2.7M2023$4.4M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of EDWARD DRUMMOND LIBBEY ENDOWMENT FUND 20-10-211-0326880 by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,366,156$2,741,783$1,624,373$34,431,694$0$34,431,694
June 30, 2024990$1,770,567$2,712,165-$941,598$32,802,448$0$32,802,448
June 30, 2023990$2,406,240$2,628,392-$222,152$33,754,279$0$33,754,279
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$4,369,286
Net gain from sales of assets
$3,088,554
Other revenue
-$3,130

Expenses

Grants and similar amounts paid
$2,635,732
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$7,510
Accounting fees
$1,050
Program services (functional)
$2,635,732
Management and general (functional)
$106,051

Balance sheet and other

Total assets, start of year
$32,802,448
Total assets, end of year
$34,431,694
Total liabilities, end of year
$0
Net assets, end of year
$34,431,694
Publicly traded securities
$33,563,103
Gross receipts
$7,616,741
Employees
0
Year formed
1991
State of legal domicile
OH

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 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
THOMAS YOUNGTRUSTEE
Trustee or director
1$0
CLINTON O LONGNECKERTRUSTEE
Trustee or director
1$0
BETSY BRADYTRUSTEE
Trustee or director
1$0
DEKE WELLESTRUSTEE
Trustee or director
1$0
WILLIAM MCDONELLTRUSTEE
Trustee or director
1$0
DENNIS JOHNSONCHAIRMAN AND CEO
Officer
1$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
CLINTON O LONGNECKERTRUSTEE
Trustee or director
1$3,000
THOMAS YOUNGTRUSTEE
Trustee or director
1$0
BETSY BRADYTRUSTEE
Trustee or director
1$0
DEKE WELLESTRUSTEE
Trustee or director
1$0
WILLIAM MCDONELLTRUSTEE
Trustee or director
1$0
DENNIS JOHNSONCHAIRMAN AND CEO
Officer
1$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
THOMAS YOUNGTRUSTEE
Trustee or director
1$0
WILLIAM MCDONNELLTRUSTEE
Trustee or director
1$0
CLINTON O LONGNECKERTRUSTEE
Trustee or director
1$0
BETSY BRADYTRUSTEE
Trustee or director
1$0
DEKE WELLESTRUSTEE
Trustee or director
1$0
DENNIS JOHNSONCHAIRMAN AND CEO
Officer
1$0

Address and contacts

Address (IRS master file)
4900 TIEDEMAN ROAD OH-01-49-0381, BROOKLYN, OH 44144-2338
In care of
% KEY TRUST CO OF OHIO
Principal officer (990 for 2024)
DENNIS JOHNSON, 17 COREY CREEK RD, TOLEDO, OH 43623
Signed the 990
DENNIS JOHNSON, Trustee
Phone
(419) 259-6197
Return prepared by
PWC US TAX LLP

Mission

The E D Libbey Endowment Trust makes grants to the Toledo Museum of Art structured under the following funds. The endowment fund is for corporate purposes. The music fund is for building maintenance. The Art School fund is for construction and maintenance of a school for the fine arts. The residuary fund is for wages and art purchases. The trust was established through the will of E D Libbey. Keybank is agent for trustee.

990 for the year ended June 30, 2025

Program accomplishments

  • Grants made to the Toledo Museum of Art are to support the primary exempt purpose of the trust.
    Expenses $2,635,732 · grants $2,635,732

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
34-6400765
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1939
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$34,431,694
Income (IRS master file)
$7,616,741

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,366,156$2,741,783$34,431,694IRS
990June 2024$1,770,567$2,712,165$32,802,448XML
990June 2023$2,406,240$2,628,392$33,754,279XML
990June 2022$3,017,729$2,494,842$33,984,571IRS
990June 2021–––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 34-6400765).

Questions about EDWARD DRUMMOND LIBBEY ENDOWMENT FUND 20-10-211-0326880

What is the EIN of EDWARD DRUMMOND LIBBEY ENDOWMENT FUND 20-10-211-0326880?
The employer identification number (EIN) of EDWARD DRUMMOND LIBBEY ENDOWMENT FUND 20-10-211-0326880 is 34-6400765.
Is EDWARD DRUMMOND LIBBEY ENDOWMENT FUND 20-10-211-0326880 tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1939.
Are donations to EDWARD DRUMMOND LIBBEY ENDOWMENT FUND 20-10-211-0326880 tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does EDWARD DRUMMOND LIBBEY ENDOWMENT FUND 20-10-211-0326880 file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of EDWARD DRUMMOND LIBBEY ENDOWMENT FUND 20-10-211-0326880 due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EDWARD DRUMMOND LIBBEY ENDOWMENT FUND 20-10-211-0326880 last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of EDWARD DRUMMOND LIBBEY ENDOWMENT FUND 20-10-211-0326880?
The 990 for the year ended June 30, 2025 names DENNIS JOHNSON.
Who are the officers and directors of EDWARD DRUMMOND LIBBEY ENDOWMENT FUND 20-10-211-0326880?
The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does EDWARD DRUMMOND LIBBEY ENDOWMENT FUND 20-10-211-0326880 have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,366,156, expenses of $2,741,783 and total assets of $34,431,694 at year end.

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