Nonprofit · EIN 39-1984065
THERESE FOUNDATION
Tax-exempt · MADISON, WI 53715
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $35,056 | $29,480 | $5,576 | $521,632 | $0 | $521,632 |
| December 31, 2024 | 990-PF | $22,972 | $30,104 | -$7,132 | $516,056 | $0 | $516,056 |
| December 31, 2023 | 990-PF | $10,545 | $30,702 | -$20,157 | $523,188 | $0 | $523,188 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $19,489
- Net gain from sales of assets
- $14,039
- Other income
- $1,528
Expenses
- Grants and similar amounts paid
- $23,500
- Compensation of officers, directors and key employees
- $2,077
- Disbursements for charitable purposes
- $25,250
- Excise tax on investment income
- $440
Balance sheet and other
- Total assets, start of year
- $516,056
- Total assets, end of year
- $521,632
- Total liabilities, end of year
- $0
- Net assets, end of year
- $521,632
- Fair market value of assets
- $457,655
- Qualifying distributions
- $25,250
- Net investment income
- $33,528
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 |
|---|---|---|---|
| GEORGE FARAH 1328 VILAS AVE, MADISON, WI 53715 | EXECUTIVE DIRECTOR/ TREASURER | 5 | $2,077 |
| DIANE FARAH 1 E SUPERIOR ST, CHICAGO, IL 60611 | DIRECTOR | 1 | $0 |
| SIMONE GOLDMAN 5554 TAFT, LA JOLLA, CA 92037 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE FARAH 1328 VILAS AVE, MADISON, WI 53715 | EXECUTIVE DIRECTOR/ TREASURER | 5 | $2,054 |
| DIANE FARAH 1 E SUPERIOR ST, CHICAGO, IL 60611 | DIRECTOR | 1 | $0 |
| SIMONE GOLDMAN 5554 TAFT, LA JOLLA, CA 92037 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE S FARAH 1328 VILAS AVENUE, MADISON, WI 53715 | EXECUTIVE DIRECTOR | 5 | $2,084 |
| DIANE K FARAH 1 EAST SUPERIOR STREET, CHICAGO, IL 60611 | DIRECTOR | 0 | $0 |
| SIMONE GOLDMAN 5554 TAFT, LA JOLLA, CA 92037 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1328 VILAS AVE, MADISON, WI 53715-1552
- In care of
- % GEORGE S FARAH
- Signed the 990-PF
- GEORGE FARAH, EXECUTIVE DIRECTOR
- Phone
- (608) 251-9676
- Return prepared by
- WEGNER CPAS 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
- 39-1984065
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99)
- Assets (IRS master file)
- $521,632
- Income (IRS master file)
- $133,739
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $35,056 | $29,480 | $521,632 | XML |
| 990-PF | December 2024 | $22,972 | $30,104 | $516,056 | XML |
| 990-PF | December 2023 | $10,545 | $30,702 | $523,188 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 39-1984065).
Questions about THERESE FOUNDATION
- What is the EIN of THERESE FOUNDATION?
- The employer identification number (EIN) of THERESE FOUNDATION is 39-1984065.
- Is THERESE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to THERESE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THERESE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THERESE 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 THERESE 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 THERESE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $2,077 (GEORGE FARAH, EXECUTIVE DIRECTOR/ TREASURER).
- How much revenue does THERESE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $35,056, expenses of $29,480 and total assets of $521,632 at year end.
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