Nonprofit · EIN 36-3807993
KRASBERG-MASON FOUNDATION
Tax-exempt · RALEIGH, NC 27613
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $164,084 | $347,296 | -$183,212 | $3,163,065 | $0 | $3,163,065 |
| December 31, 2024 | 990-PF | $578,721 | $322,320 | $256,401 | $3,346,277 | $0 | $3,346,277 |
| December 31, 2023 | 990-PF | $1,710,419 | $212,233 | $1,498,186 | $3,089,876 | $0 | $3,089,876 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $139,256
- Net gain from sales of assets
- $24,828
Expenses
- Grants and similar amounts paid
- $285,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $285,000
- Excise tax on investment income
- $1,680
Balance sheet and other
- Total assets, start of year
- $3,346,277
- Total assets, end of year
- $3,163,065
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,163,065
- Fair market value of assets
- $5,644,932
- Qualifying distributions
- $285,000
- Net investment income
- $164,084
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 |
|---|---|---|---|
| BRUCE E MASON 12844 RIVER DANCE DRIVE, RALEIGH, NC 27613 | PRESIDENT | 1 | $0 |
| SHAY S MASON 12844 RIVER DANCE DRIVE, RALEIGH, NC 27613 | SECRETARY | 1 | $0 |
| SARAH M WOLCHUK 47 LONGMEADOW ROAD, WINNETKA, IL 60093 | VICE PRESIDENT | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE E MASON 12844 RIVER DANCE DRIVE, RALEIGH, NC 27613 | PRESIDENT | 1 | $0 |
| SHAY S MASON 12844 RIVER DANCE DRIVE, RALEIGH, NC 27613 | SECRETARY | 1 | $0 |
| SARAH M WOLCHUK 47 LONGMEADOW ROAD, WINNETKA, IL 60093 | VICE PRESIDENT | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHAY MASON 12844 RIVER DANCE DR, RALEIGH, NC 27613 | SECRETARY | 1 | $0 |
| BRUCE MASON 12844 RIVER DANCE DR, RALEIGH, NC 27613 | PRESIDENT | 1 | $0 |
| SARAH MASON WOLCHUK 47 LONGMEADOW, WINNETKA, IL 60093 | VICE PRESIDENT | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 12844 RIVER DANCE DR, RALEIGH, NC 27613-7092
- In care of
- % MARGARET K MASON
- Signed the 990-PF
- BRUCE E MASON, PRESIDENT
- Phone
- (518) 506-0933
- Return prepared by
- GILLIAM BELL MOSER 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 | 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
- 36-3807993
- 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
- 1992
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $3,163,065
- Income (IRS master file)
- $553,867
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $164,084 | $347,296 | $3,163,065 | XML |
| 990-PF | December 2024 | $578,721 | $322,320 | $3,346,277 | XML |
| 990-PF | December 2023 | $1,710,419 | $212,233 | $3,089,876 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 36-3807993).
Questions about KRASBERG-MASON FOUNDATION
- What is the EIN of KRASBERG-MASON FOUNDATION?
- The employer identification number (EIN) of KRASBERG-MASON FOUNDATION is 36-3807993.
- Is KRASBERG-MASON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to KRASBERG-MASON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KRASBERG-MASON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KRASBERG-MASON 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 KRASBERG-MASON 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 KRASBERG-MASON FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does KRASBERG-MASON FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $164,084, expenses of $347,296 and total assets of $3,163,065 at year end.
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