Nonprofit · EIN 35-2063157
MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC
Also known as MCR CHARITABLE FOUNDATION INC
Tax-exempt · INDIANAPOLIS, IN 46256
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $81,096 | $314,206 | -$233,110 | $993,815 | $199 | $993,616 |
| December 31, 2024 | 990-PF | $143,597 | $346,411 | -$202,814 | $1,227,340 | $0 | $1,227,340 |
| December 31, 2023 | 990-PF | $65,990 | $185,189 | -$119,199 | $1,430,999 | $122 | $1,430,877 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $39,524
- Net gain from sales of assets
- $41,355
- Other income
- $217
Expenses
- Grants and similar amounts paid
- $243,500
- Compensation of officers, directors and key employees
- $50,280
- Disbursements for charitable purposes
- $310,216
- Excise tax on investment income
- $1,072
Balance sheet and other
- Total assets, start of year
- $1,227,340
- Total assets, end of year
- $993,815
- Total liabilities, end of year
- $199
- Net assets, end of year
- $993,616
- Fair market value of assets
- $1,158,875
- Qualifying distributions
- $310,216
- Net investment income
- $81,096
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 |
|---|---|---|---|
| MARJORIE WILKERSON 1759 DEVONSHIRE AVE, AVON, IN 46123 | EXEC DIR & SECY | 30 | $50,280 |
| MARGARET C RUSSELL 23810 TUSCANY WAY, BONITA SPRINGS, FL 34134 | PRESIDENT & TREASURER | 8 | $0 |
| MARY K SCHNITZ 11088 SPRINGMILL LN, CARMEL, IN 46032 | BOARD MEMBER | 1 | $0 |
| PAM SMITH 5035 BUCKEYE CT, CARMEL, IN 46033 | BOARD MEMBER | 1 | $0 |
| MARJORIE WILKERSON 1759 DEVONSHIRE AVENUE, AVON, IN 46123 | SECRETARY Highest-paid employee | 30 | $0 |
990-PF for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARJORIE WILKERSON 1759 DEVONSHIRE AVENUE, AVON, IN 46123 | SECRETARY Highest-paid employee | 30 | $52,425 |
| MARGARET C RUSSELL 23810 TUSCANY WAY, BONITA SPRINGS, FL 34134 | PRESIDENT & TREASURER | 8 | $0 |
| MARY K SCHNITZ 11088 SPRING MILL LN, CARMEL, IN 46032 | BOARD MEMBER | 1 | $0 |
| MARJORIE WILKERSON 1759 DEVONSHIRE AVE, AVON, IN 46123 | EXEC DIR & SECY | 30 | $0 |
| STEPHEN L RUSSELL 23810 TUSCANY WAY, BONITA SPRINGS, FL 34134 | BOARD MEMBER | 8 | $0 |
| PAM SMITH 5035 BUCKEYE CT, CARMEL, IN 46033 | BOARD MEMBER | 1 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARJORIE WILKERSON 1759 DEVONSHIRE AVE, AVON, IN 46123 | EXEC DIR & SECY | 30 | $32,400 |
| MARJORIE WILKERSON 1759 DEVONSHIRE AVENUE, AVON, IN 46123 | SECRETARY Highest-paid employee | 30 | $32,400 |
| MARGARET C RUSSELL 23810 TUSCANY WAY, BONITA SPRINGS, FL 34134 | PRESIDENT & TREASURER | 8 | $0 |
| MARY K SCHNITZ 11088 SPRING MILL LN, CARMEL, IN 46032 | BOARD MEMBER | 1 | $0 |
| STEPHEN L RUSSELL 23810 TUSCANY WAY, BONITA SPRINGS, FL 34134 | BOARD MEMBER | 8 | $0 |
| PAM SMITH 5035 BUCKEYE CT, CARMEL, IN 46033 | BOARD MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 7643 WILLIAM PENN PL, INDIANAPOLIS, IN 46256-2289
- In care of
- % MARGARET COLE RICHARDS
- Signed the 990-PF
- MARGARET C RUSSELL, PRESIDENT
- Phone
- (317) 841-7643
- Return prepared by
- MS CASSEN AND COMPANY PC
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
- 35-2063157
- 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 (T21)
- Assets (IRS master file)
- $993,815
- Income (IRS master file)
- $748,528
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $81,096 | $314,206 | $993,815 | XML |
| 990-PF | December 2024 | $143,597 | $346,411 | $1,227,340 | XML |
| 990-PF | December 2023 | $65,990 | $185,189 | $1,430,999 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 35-2063157).
Questions about MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC
- What is the EIN of MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC is 35-2063157.
- Is MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC 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 MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC 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 MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $50,280 (MARJORIE WILKERSON, EXEC DIR & SECY).
- How much revenue does MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $81,096, expenses of $314,206 and total assets of $993,815 at year end.
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