Nonprofit · EIN 34-6514181
FIRSTENERGY FOUNDATION
Tax-exempt · AKRON, OH 44308
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $6,316,497 | $7,368,976 | -$1,052,479 | $124,917,059 | $0 | $124,917,059 |
| December 31, 2023 | 990-PF | $341,463 | $6,175,318 | -$5,833,855 | $125,969,538 | $0 | $125,969,538 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $2,758,494
- Net gain from sales of assets
- $3,557,492
- Other income
- $511
Expenses
- Grants and similar amounts paid
- $7,165,300
- Disbursements for charitable purposes
- $7,227,759
- Excise tax on investment income
- $86,666
Balance sheet and other
- Total assets, start of year
- $125,969,538
- Total assets, end of year
- $124,917,059
- Total liabilities, end of year
- $0
- Net assets, end of year
- $124,917,059
- Fair market value of assets
- $133,940,303
- Qualifying distributions
- $7,227,759
- Net investment income
- $6,311,629
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANTONIO FERNANDEZ 76 SOUTH MAIN STREET, AKRON, OH 44308 | TRUSTEE | 0.5 | $0 |
| IRENE M PREZELJ 76 SOUTH MAIN STREET, AKRON, OH 44308 | TRUSTEE | 0.5 | $0 |
| Michelle Henry 76 SOUTH MAIN STREET, AKRON, OH 44308 | TRUSTEE | 0.5 | $0 |
| BILL WANG 76 SOUTH MAIN STREET, AKRON, OH 44308 | TREASURER | 0.5 | $0 |
| Darnella Robertson 76 SOUTH MAIN STREET, AKRON, OH 44308 | Assistant Secretary | 0.5 | $0 |
| LORNA WISHAM 76 SOUTH MAIN STREET, AKRON, OH 44308 | PRESIDENT | 1.8 | $0 |
| Mary M Swann 76 SOUTH MAIN STREET, AKRON, OH 44308 | Secretary | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| IRENE M PREZELJ 76 SOUTH MAIN STREET, AKRON, OH 44308 | TRUSTEE | 6 | $0 |
| SAMUEL L BELCHER 76 SOUTH MAIN STREET, AKRON, OH 44308 | TRUSTEE (THROUGH 5/23) | 6 | $0 |
| ANTONIO FERNANDEZ 76 SOUTH MAIN STREET, AKRON, OH 44308 | TRUSTEE | 6 | $0 |
| Dan Dunlap 76 SOUTH MAIN STREET, AKRON, OH 44308 | ASSISTANT SECRETARY (THROUGH 5/23) | 6 | $0 |
| LORNA WISHAM 76 SOUTH MAIN STREET, AKRON, OH 44308 | PRESIDENT | 26 | $0 |
| Mary M Swann 76 SOUTH MAIN STREET, AKRON, OH 44308 | Secretary | 6 | $0 |
| Steve Staub 76 SOUTH MAIN STREET, AKRON, OH 44308 | Treasurer (THROUGH 5/23) | 6 | $0 |
| BILL WANG 76 SOUTH MAIN STREET, AKRON, OH 44308 | TREASURER (FROM 6/23) | 6 | $0 |
| Darnella Robertson 76 SOUTH MAIN STREET, AKRON, OH 44308 | Assistant Secretary (FROM 6/23) | 6 | $0 |
| Michelle Henry 76 SOUTH MAIN STREET, AKRON, OH 44308 | TRUSTEE (FROM 6/23) | 6 | $0 |
Address and contacts
- Address (IRS master file)
- 76 SOUTH MAIN STREET, AKRON, OH 44308-1812
- In care of
- % LORNA WISHAM
- Signed the 990-PF
- AMANDA MERTENS CAMPBELL, Vice President, External Affairs
- Phone
- (330) 384-5752
- Return prepared by
- ERNST & YOUNG US LLP
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 | Not 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
- 34-6514181
- 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
- 1963
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $124,917,059
- Income (IRS master file)
- $16,224,208
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $6,316,497 | $7,368,976 | $124,917,059 | XML |
| 990-PF | December 2023 | $341,463 | $6,175,318 | $125,969,538 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about FIRSTENERGY FOUNDATION
- What is the EIN of FIRSTENERGY FOUNDATION?
- The employer identification number (EIN) of FIRSTENERGY FOUNDATION is 34-6514181.
- Is FIRSTENERGY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
- Are donations to FIRSTENERGY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FIRSTENERGY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FIRSTENERGY 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 FIRSTENERGY 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 FIRSTENERGY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does FIRSTENERGY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $6,316,497, expenses of $7,368,976 and total assets of $124,917,059 at year end.
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