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Nonprofit · EIN 36-6104348

FOLLETT EDUCATIONAL FOUNDATION

Tax-exempt · MCHENRY, IL 60050

Financials

$413K$186K2022$258K$173K2023$344K$509K2024
Revenue Expenses · by fiscal year end
Financials of FOLLETT EDUCATIONAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990-PF$343,916$508,816-$164,900$5,273,177$0$5,273,177
July 31, 2024990-PF$257,960$172,961$84,999$5,438,077$0$5,438,077
July 31, 2023990-PF$412,991$185,790$227,201$5,353,078$0$5,353,078
Financial details: 990-PF for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$32,000
Dividends
$51,900
Net gain from sales of assets
$260,016

Expenses

Grants and similar amounts paid
$475,919
Salaries, compensation and benefits (total)
$10,892
Disbursements for charitable purposes
$475,919
Excise tax on investment income
$4,294

Balance sheet and other

Total assets, start of year
$5,438,077
Total assets, end of year
$5,273,177
Total liabilities, end of year
$0
Net assets, end of year
$5,273,177
Fair market value of assets
$7,776,744
Qualifying distributions
$475,919
Net investment income
$311,916

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Britten Follett
1340 Ridgeview Dr, McHenry, IL 60050
Pres/Trustee2$0
Keith O'Hara
1340 Ridgeview Dr, McHenry, IL 60050
Vice President1$0
Christopher Traut
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Kevin Gacek
1340 Ridgeview Dr, McHenry, IL 60050
Treasurer8$0
Matthew Follett
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Kathy Paur
1340 Ridgeview Dr, McHenry, IL 60050
Secretary1$0
Ramona Burns
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Monica Bussman
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Mark Litzinger
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Benjamin Traut
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Matthew Paur
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Dr Dylan O'Hara
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
990-PF for the year ended July 31, 2024: 14 people
NameTitleHours / weekCompensation
Britten Follett
1340 Ridgeview Dr, McHenry, IL 60050
Pres/Trustee2$0
Keith O'Hara
1340 Ridgeview Dr, McHenry, IL 60050
Vice President1$0
Christopher Traut
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Kevin Gacek
1340 Ridgeview Dr, McHenry, IL 60050
Treasurer8$0
Matthew Follett
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Frank Gentile
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Kathy Bussman
1340 Ridgeview Dr, McHenry, IL 60050
Secretary1$0
Brendan Thornton
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Ramona Burns
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Jean Follett Thompson
1340 Ridgeview Dr, McHenry, IL 60050
Selection Committee Chair1$0
Monica Bussman
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Sam Dempsey
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Omar Granberry
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Benjamin Traut
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
990-PF for the year ended July 31, 2023: 14 people
NameTitleHours / weekCompensation
Britten Follett
1340 Ridgeview Dr, McHenry, IL 60050
Pres/Trustee2$0
Keith O'Hara
1340 Ridgeview Dr, McHenry, IL 60050
Vice President1$0
Christopher Traut
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Kevin Gacek
1340 Ridgeview Dr, McHenry, IL 60050
Treasurer8$0
Matthew Follett
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Frank Gentile
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Kathy Bussman
1340 Ridgeview Dr, McHenry, IL 60050
Secretary1$0
Brendan Thornton
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Ramona Burns
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Jean Follett Thompson
1340 Ridgeview Dr, McHenry, IL 60050
Selection Committee Chair1$0
Monica Bussman
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Sam Dempsey
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Omar Granberry
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0
Benjamin Traut
1340 Ridgeview Dr, McHenry, IL 60050
Trustee1$0

Address and contacts

Address (IRS master file)
1340 RIDGEVIEW DR, MCHENRY, IL 60050-7047
Signed the 990-PF
Britten Follett, President
Phone
(708) 884-3047
Return prepared by
Anthes Pruyn & Associates LTD

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990-PF on file
2023July 31, 2024December 16, 2024990-PF on file

IRS record

EIN
36-6104348
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
1964
Accounting year ends
July
Files
Form 990-PF
Assets (IRS master file)
$5,273,177
Income (IRS master file)
$423,873

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJuly 2025$343,916$508,816$5,273,177XML
990-PFJuly 2024$257,960$172,961$5,438,077XML
990-PFJuly 2023$412,991$185,790$5,353,078XML
990-PFJuly 2022–––IRS
990-PFJuly 2021–––IRS
990-PFJuly 2019–––IRS
990-PFJuly 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 36-6104348).

Questions about FOLLETT EDUCATIONAL FOUNDATION

What is the EIN of FOLLETT EDUCATIONAL FOUNDATION?
The employer identification number (EIN) of FOLLETT EDUCATIONAL FOUNDATION is 36-6104348.
Is FOLLETT EDUCATIONAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
Are donations to FOLLETT EDUCATIONAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FOLLETT EDUCATIONAL FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of FOLLETT EDUCATIONAL FOUNDATION due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOLLETT EDUCATIONAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended July 2025.
Who are the officers and directors of FOLLETT EDUCATIONAL FOUNDATION?
The 990-PF for the year ended July 31, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does FOLLETT EDUCATIONAL FOUNDATION have?
On its 990-PF for the year ended July 31, 2025 it reported revenue of $343,916, expenses of $508,816 and total assets of $5,273,177 at year end.

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