Skip to main content

Nonprofit · EIN 38-6091798

HARRY A & MARGARET D TOWSLEY FOUNDATION

Tax-exempt · ANN ARBOR, MI 48104

Financials

$3.4M$3.3M2023$7.1M$4M2024$6.1M$4.2M2025
Revenue Expenses · by fiscal year end
Financials of HARRY A & MARGARET D TOWSLEY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$6,123,204$4,247,568$1,875,636$50,763,003$0$50,763,003
December 31, 2024990-PF$7,142,822$3,973,937$3,168,885$48,887,367$0$48,887,367
December 31, 2023990-PF$3,420,374$3,266,817$153,557$45,518,482$0$45,518,482
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$1,836,410
Interest
$141,501
Net gain from sales of assets
$4,145,293

Expenses

Grants and similar amounts paid
$3,811,102
Compensation of officers, directors and key employees
$129,440
Disbursements for charitable purposes
$4,016,505
Excise tax on investment income
$83,568

Balance sheet and other

Total assets, start of year
$48,887,367
Total assets, end of year
$50,763,003
Total liabilities, end of year
$0
Net assets, end of year
$50,763,003
Fair market value of assets
$83,307,652
Qualifying distributions
$4,016,505
Net investment income
$6,120,163

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
BRENDA SHELLENBERGER
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TREASURER15$54,500
ANNE COOPER
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
FDN MANAGER10$41,440
TINA S VAN DAM
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
VICE PRES2$11,500
JENNIFER POTEAT
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE1$4,000
DAVID WINSTON INGLISH
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
PRESIDENT5$4,000
HEATHER KOCH
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
SECRETARY1$4,000
STEPHANIE SCHEETS
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE1$4,000
DOUGLAS INGLISH
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE1$2,500
SARAH THOMPSON
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE1$2,500
C WENDELL DUNBAR
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE2$1,000
LYNN T WHITE
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
CHAIRPERSON1$0
990-PF for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensation
BRENDA SHELLENBERGER
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TREASURER15$52,500
ANNE COOPER
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
FDN MANAGER10$40,000
TINA S VAN DAM
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE2$11,500
DAVID WINSTON INGLISH
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
PRESIDENT5$4,000
HEATHER KOCH
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE1$4,000
STEPHANIE SCHEETS
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE1$4,000
JENNIFER POTEAT
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE1$3,500
C WENDELL DUNBAR
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
SECRETARY5$3,000
JUDITH D RUMELHART
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
FORMER VP1$2,500
SARAH THOMPSON
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE1$2,500
DOUGLAS INGLISH
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE1$2,000
LYNN T WHITE
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
CHAIRPERSON1$0
990-PF for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
BRENDA SHELLENBERGER
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TREASURER10$30,000
JUDITH D RUMELHART
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
VICE PRES1$0
JENNIFER POTEAT
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE1$0
DAVID WINSTON INGLISH
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
PRESIDENT5$0
DOUGLAS INGLISH
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE1$0
TINA S VAN DAM
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE2$0
C WENDELL DUNBAR
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
SECRETARY5$0
LYNN T WHITE
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
CHAIRPERSON1$0
HEATHER KOCH
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE1$0
STEPHANIE SCHEETS
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
TRUSTEE1$0
SARAH THOMPSON
924 N MAIN ST STE 1, ANN ARBOR, MI 48104
ASSOC. TRUST1$0

Address and contacts

Address (IRS master file)
924 N MAIN ST STE 1, ANN ARBOR, MI 48104-1067
Signed the 990-PF
BRENDA SHELLENBERGER, TREASURER
Phone
(734) 660-2170
Return prepared by
IVERS & RICKELMANN CPAS PLLC

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
38-6091798
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
1961
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$50,763,003
Income (IRS master file)
$17,583,530

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$6,123,204$4,247,568$50,763,003IRS
990-PFDecember 2024$7,142,822$3,973,937$48,887,367XML
990-PFDecember 2023$3,420,374$3,266,817$45,518,482XML
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 38-6091798).

Questions about HARRY A & MARGARET D TOWSLEY FOUNDATION

What is the EIN of HARRY A & MARGARET D TOWSLEY FOUNDATION?
The employer identification number (EIN) of HARRY A & MARGARET D TOWSLEY FOUNDATION is 38-6091798.
Is HARRY A & MARGARET D TOWSLEY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1961.
Are donations to HARRY A & MARGARET D TOWSLEY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HARRY A & MARGARET D TOWSLEY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of HARRY A & MARGARET D TOWSLEY 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 HARRY A & MARGARET D TOWSLEY 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 HARRY A & MARGARET D TOWSLEY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 11 people; 10 received compensation from the organization, the highest $54,500 (BRENDA SHELLENBERGER, TREASURER).
How much revenue does HARRY A & MARGARET D TOWSLEY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $6,123,204, expenses of $4,247,568 and total assets of $50,763,003 at year end.

Other nonprofits in ANN ARBOR

All nonprofits in ANN ARBOR · Michigan