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Nonprofit · EIN 42-1715263

GRAESON FOUNDATION INC

Tax-exempt · WICHITA, KS 67206

Financials

$123K$52K2023$178K$6K2024$108K$20K2025
Revenue Expenses · by fiscal year end
Financials of GRAESON FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$107,556$19,741$87,815$838,754$0$838,754
December 31, 2024990-PF$177,783$6,215$171,568$750,939$0$750,939
December 31, 2023990-PF$123,444$51,736$71,708$579,371$0$579,371
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$85,000
Dividends
$7,606
Interest
$14,817
Net gain from sales of assets
$133

Expenses

Grants and similar amounts paid
$17,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$17,500
Excise tax on investment income
$272

Balance sheet and other

Total assets, start of year
$750,939
Total assets, end of year
$838,754
Total liabilities, end of year
$0
Net assets, end of year
$838,754
Fair market value of assets
$849,402
Qualifying distributions
$17,500
Net investment income
$21,844

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
CRAIG ALEXANDER
7237 E CRESTHILL CT, WICHITA, KS 672061521
PRESIDENT1$0
JILL ALEXANDER
7237 E CRESTHILL CT, WICHITA, KS 672061521
SECRETARY1$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
CRAIG ALEXANDER
7237 E CRESTHILL CT, WICHITA, KS 672061521
PRESIDENT1$0
JILL ALEXANDER
7237 E CRESTHILL CT, WICHITA, KS 672061521
SECRETARY1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
CRAIG ALEXANDER
7237 E CRESTHILL CT, WICHITA, KS 672061521
PRESIDENT1$0
JILL ALEXANDER
7237 E CRESTHILL CT, WICHITA, KS 672061521
SECRETARY1$0

Address and contacts

Address (IRS master file)
7237 E CRESTHILL CT, WICHITA, KS 67206-1521
In care of
% CRAIG W ALEXANDER
Signed the 990-PF
CRAIG ALEXANDER, PRESIDENT
Phone
(620) 327-4251
Return prepared by
KOCH SIEDHOFF HAND AND DUNN 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 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
42-1715263
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
2007
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$838,754
Income (IRS master file)
$107,556

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$107,556$19,741$838,754IRS
990-PFDecember 2024$177,783$6,215$750,939IRS
990-PFDecember 2023$123,444$51,736$579,371XML
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 42-1715263).

Questions about GRAESON FOUNDATION INC

What is the EIN of GRAESON FOUNDATION INC?
The employer identification number (EIN) of GRAESON FOUNDATION INC is 42-1715263.
Is GRAESON FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to GRAESON FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GRAESON FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of GRAESON FOUNDATION INC 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 GRAESON FOUNDATION INC 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 GRAESON FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does GRAESON FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $107,556, expenses of $19,741 and total assets of $838,754 at year end.

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