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Nonprofit · EIN 34-6514181

FIRSTENERGY FOUNDATION

Tax-exempt · AKRON, OH 44308

Financials

$341K$6.2M2023$6.3M$7.4M2024
Revenue Expenses · by fiscal year end
Financials of FIRSTENERGY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$6,316,497$7,368,976-$1,052,479$124,917,059$0$124,917,059
December 31, 2023990-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.

NameTitleHours / weekCompensation
ANTONIO FERNANDEZ
76 SOUTH MAIN STREET, AKRON, OH 44308
TRUSTEE0.5$0
IRENE M PREZELJ
76 SOUTH MAIN STREET, AKRON, OH 44308
TRUSTEE0.5$0
Michelle Henry
76 SOUTH MAIN STREET, AKRON, OH 44308
TRUSTEE0.5$0
BILL WANG
76 SOUTH MAIN STREET, AKRON, OH 44308
TREASURER0.5$0
Darnella Robertson
76 SOUTH MAIN STREET, AKRON, OH 44308
Assistant Secretary0.5$0
LORNA WISHAM
76 SOUTH MAIN STREET, AKRON, OH 44308
PRESIDENT1.8$0
Mary M Swann
76 SOUTH MAIN STREET, AKRON, OH 44308
Secretary0.5$0
990-PF for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
IRENE M PREZELJ
76 SOUTH MAIN STREET, AKRON, OH 44308
TRUSTEE6$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
TRUSTEE6$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
PRESIDENT26$0
Mary M Swann
76 SOUTH MAIN STREET, AKRON, OH 44308
Secretary6$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 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
34-6514181
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

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$6,316,497$7,368,976$124,917,059XML
990-PFDecember 2023$341,463$6,175,318$125,969,538XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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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