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Nonprofit · EIN 36-3429160

THE OWENS FOUNDATION

Tax-exempt · PALOS HEIGHTS, IL 60463

Financials

$864K$1.7M2023$1M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of THE OWENS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,008,453$1,771,269-$762,816$14,283,804$0$14,283,804
December 31, 2023990-PF$864,151$1,700,215-$836,064$14,043,419$0$14,043,419
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$270,716
Interest
$441,119
Net gain from sales of assets
$373,521
Other income
-$76,903

Expenses

Grants and similar amounts paid
$1,283,612
Compensation of officers, directors and key employees
$234,167
Disbursements for charitable purposes
$1,329,442
Excise tax on investment income
$7,876

Balance sheet and other

Total assets, start of year
$14,043,419
Total assets, end of year
$14,283,804
Total liabilities, end of year
$0
Net assets, end of year
$14,283,804
Fair market value of assets
$18,332,619
Qualifying distributions
$1,329,442
Net investment income
$1,008,453

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
JULIE OWENS BURNS
7804 COLLEGE DRIVE, EVERGREEN PARK, IL 60463
DIRECTOR35$130,000
KATIE M MULCAHY
7804 COLLEGE DRIVE, PALOS HEIGHTS, IL 60463
DIRECTOR20$74,167
SHARON OWENS
7804 COLLEGE DRIVE, PALOS HEIGHTS, IL 60463
DIRECTOR10$30,000
MARY M OWENS
7804 COLLEGE DRIVE, PALOS HEIGHTS, IL 60463
PRES SEC DIR5$0
THOMAS M OWENS JR
7804 COLLEGE DRIVE, PALOS HEIGHTS, IL 60463
DIRECTOR5$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JULIE OWENS BURNS
7804 COLLEGE DRIVE, EVERGREEN PARK, IL 60463
DIRECTOR35$130,000
KATIE M MULCAHY
7804 COLLEGE DRIVE, PALOS HEIGHTS, IL 60463
DIRECTOR20$68,750
SHARON OWENS
7804 COLLEGE DRIVE, PALOS HEIGHTS, IL 60463
DIRECTOR10$30,000
MARY M OWENS
7804 COLLEGE DRIVE, PALOS HEIGHTS, IL 60463
PRES SEC DIR5$0
THOMAS M OWENS JR
7804 COLLEGE DRIVE, PALOS HEIGHTS, IL 60463
DIRECTOR5$0

Address and contacts

Address (IRS master file)
7804 COLLEGE DRIVE, PALOS HEIGHTS, IL 60463-1025
Signed the 990-PF
MARY M OWENS, PRESIDENT
Phone
(708) 361-8845
Return prepared by
THOMAS J DWYER & ASSOCIATES LLC

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
36-3429160
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
1987
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$14,283,804
Income (IRS master file)
$2,481,177

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,008,453$1,771,269$14,283,804XML
990-PFDecember 2023$864,151$1,700,215$14,043,419XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 36-3429160).

Questions about THE OWENS FOUNDATION

What is the EIN of THE OWENS FOUNDATION?
The employer identification number (EIN) of THE OWENS FOUNDATION is 36-3429160.
Is THE OWENS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to THE OWENS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE OWENS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE OWENS 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 THE OWENS 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 THE OWENS FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 3 received compensation from the organization, the highest $130,000 (JULIE OWENS BURNS, DIRECTOR).
How much revenue does THE OWENS FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,008,453, expenses of $1,771,269 and total assets of $14,283,804 at year end.

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