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Nonprofit · EIN 36-2312494

THE PORTES FOUNDATION

Also known as GERALD R STAPLETON

Tax-exempt · WESTMONT, IL 60559

Financials

$80K$80K2021$52K$81K2022$65K$91K2023$89K$86K2024$103K$83K2025
Revenue Expenses · by fiscal year end
Financials of THE PORTES FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$102,628$83,474$19,154$1,173,991$0$0
December 31, 2024990-PF$89,364$86,313$3,051$1,075,786$0$0
December 31, 2023990-PF$65,280$91,284-$26,004$1,018,769$0$0
December 31, 2022990-PF$51,928$81,244-$29,316$995,027$0$0
December 31, 2021990-PF$80,041$80,221-$180$1,255,653$0$1,255,653
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$10,000
Dividends
$55,057
Interest
$2,299
Other income
$35,272

Expenses

Grants and similar amounts paid
$57,971

Balance sheet and other

Total assets, start of year
$1,075,786
Total assets, end of year
$1,173,991
Total liabilities, end of year
$0
Net assets, end of year
$0
Fair market value of assets
$1,173,991

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.

NameTitleHours / weekCompensation
Gerald R Stapleton
1100 Honeywood Drive, Westmont, IL 60559
Treasurer0.5$0
Shrimrah Bullock-Adkins
175 North Harbor Drive 1408, Chicago, IL 60601
Vice President0.5$0
Mark Grach
18870 Oldfield Road, New Buffalo, MI 49117
Chair0.5$0
Kiran Chekka
22010 W Chicago Avenue, Chicago, IL 60622
President0.5$0
Susan Kern
1775 Prestwick Drive, Palatine, IL 60067
Secretary0.5$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
Gerald R Stapleton
1100 Honeywood Drive, Westmont, IL 60559
Treasurer0.5$0
Shrimrah Bullock-Adkins
175 North Harbor Drive 1408, Chicago, IL 60601
Secretary0.5$0
Mark Grach
18870 Oldfield Road, New Buffalo, MI 49117
President0.5$0
Kiran Chekka
22010 W Chicago Avenue, Chicago, IL 60622
Vice President0.5$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Gerald R Stapleton
1100 Honeywood Drive, Westmont, IL 60559
Treasurer0.5$0
Shrimrah Bullock-Adkins
175 North Harbor Drive 1408, Chicago, IL 60601
Secretary0.5$0
Mark Grach
18870 Oldfield Road, New Buffalo, MI 49117
President0.5$0
Kiran Chekka
22010 W Chicago Avenue, Chicago, IL 60622
Vice President0.5$0
990-PF for the year ended December 31, 2022: 4 people
NameTitleHours / weekCompensation
Gerald R Stapleton
1100 Honeywood Drive, Westmont, IL 60559
Treasurer0.5$0
Shrimrah Bullock-Adkins
175 North Harbor Drive 1408, Chicago, IL 60601
Secretary0.5$0
Mark Grach
18870 Oldfield Road, New Buffalo, MI 49117
President0.5$0
Kiran Chekka
22010 W Chicago Avenue, Chicago, IL 60622
Vice President0.5$0
990-PF for the year ended December 31, 2021: 3 people
NameTitleHours / weekCompensation
Allan R Carroll
3 The Court of Harbinger Falls, Northbrook, IL 60062
President0.5$0
Shimrah Bullock Adkins
500 East 33rd Street, Unit 1514, Chicago, IL 60616
Board Member0.5$0
Mark Grach
18870 Oldfield Road, New Buffalo, MI 49117
Board Member0.5$0

Address and contacts

Address (IRS master file)
1100 HONEYWOOD DR, WESTMONT, IL 60559-2811
In care of
% GERALD R STAPLETON
Signed the 990-PF
Gerald R Stapelton, Treasurer
Phone
(630) 220-3864
Return prepared by
SCOTT L HONIG CPA 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
36-2312494
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
1950
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,173,991
Income (IRS master file)
$102,628

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$102,628$83,474$1,173,991IRS
990-PFDecember 2024$89,364$86,313$1,075,786IRS
990-PFDecember 2023$65,280$91,284$1,018,769XML
990-PFDecember 2022$51,928$81,244$995,027XML
990-PFDecember 2021$80,041$80,221$1,255,653XML
990-PFDecember 2020–––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 36-2312494).

Questions about THE PORTES FOUNDATION

What is the EIN of THE PORTES FOUNDATION?
The employer identification number (EIN) of THE PORTES FOUNDATION is 36-2312494.
Is THE PORTES FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1950.
Are donations to THE PORTES FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE PORTES FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE PORTES FOUNDATION 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 THE PORTES FOUNDATION 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 THE PORTES FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does THE PORTES FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $102,628, expenses of $83,474 and total assets of $1,173,991 at year end.

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