Nonprofit · EIN 36-4001246
TESSIE GROSBY CHARITABLE FOUNDATION
Tax-exempt · PALATINE, IL 60067
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $93,567 | $73,995 | $19,572 | $84,993 | $418 | $84,575 |
| December 31, 2024 | 990-PF | $88,096 | $91,801 | -$3,705 | $65,003 | $0 | $65,003 |
| December 31, 2023 | 990-PF | $64,292 | $74,151 | -$9,859 | $76,068 | $7,360 | $68,708 |
| December 31, 2022 | 990-PF (amended) | $10,124 | $38,948 | -$28,824 | $100,371 | $21,804 | $78,567 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $70,000
- Dividends
- $20,304
- Interest
- $1,210
- Other income
- $2,053
Expenses
- Grants and similar amounts paid
- $70,472
- Disbursements for charitable purposes
- $70,472
- Excise tax on investment income
- $279
Balance sheet and other
- Total assets, start of year
- $65,003
- Total assets, end of year
- $84,993
- Total liabilities, end of year
- $418
- Net assets, end of year
- $84,575
- Fair market value of assets
- $1,916,640
- Qualifying distributions
- $70,472
- Net investment income
- $23,567
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 |
|---|---|---|---|
| Jennifer Spethmann 600 N Court 270, Palatine, IL 60067 | Trustee | 1 | $0 |
| Maurice Grosby 600 N North Court 270, Palatine, IL 60067 | Trustee | 1 | $0 |
| Marilyn Goldberg Cohen 600 N Court 270, Palatine, IL 60067 | Trustee | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jennifer Spethmann 600 N Court 270, Palatine, IL 60067 | Trustee | 1 | $0 |
| Maurice Grosby 600 N North Court 270, Palatine, IL 60067 | Trustee | 1 | $0 |
| Marilyn Goldberg Cohen 600 N Court 270, Palatine, IL 60067 | Trustee | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jennifer Spethmann 600 N Court 270, Palatine, IL 60067 | Trustee | 1 | $0 |
| Maurice Grosby 600 N North Court 270, Palatine, IL 60067 | Trustee | 1 | $0 |
| Marilyn Goldberg Cohen 600 N Court 270, Palatine, IL 60067 | Trustee | 1 | $0 |
990-PF for the year ended December 31, 2022: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Maurice Grosby 600 N North Court 270, Palatine, IL 60067 | Trustee | 0 | $0 |
| Marilyn Goldberg Cohen 600 N North Court 270, Palatine, IL 60067 | Trustee | 0 | $0 |
| Jennifer Spethmann 600 N North Court 270, Palatine, IL 60067 | Trustee | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 600 N NORTH COURT, PALATINE, IL 60067-8155
- In care of
- % MAURICE GROSBY
- Signed the 990-PF
- Jennifer Spethmann, Trustee
- Phone
- (847) 564-9446
- Return prepared by
- Dodson & Associates
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
- 36-4001246
- 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
- 1995
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99Z)
- Assets (IRS master file)
- $84,993
- Income (IRS master file)
- $93,567
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $93,567 | $73,995 | $84,993 | IRS |
| 990-PF | December 2024 | $88,096 | $91,801 | $65,003 | IRS |
| 990-PF | December 2023 | $64,292 | $74,151 | $76,068 | XML |
| 990-PF | December 2022 | $10,124 | $38,948 | $100,371 | XML |
| 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 36-4001246).
Questions about TESSIE GROSBY CHARITABLE FOUNDATION
- What is the EIN of TESSIE GROSBY CHARITABLE FOUNDATION?
- The employer identification number (EIN) of TESSIE GROSBY CHARITABLE FOUNDATION is 36-4001246.
- Is TESSIE GROSBY CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to TESSIE GROSBY CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does TESSIE GROSBY CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of TESSIE GROSBY CHARITABLE 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 TESSIE GROSBY CHARITABLE 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 TESSIE GROSBY CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does TESSIE GROSBY CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $93,567, expenses of $73,995 and total assets of $84,993 at year end.
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