Nonprofit · EIN 45-6614724
GRASSY CREEK FOUNDATION
Also known as RICHARD W HAWTHORNE TTEE
Tax-exempt · JACKSONVILLE, FL 32202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,906,411 | $1,596,523 | $309,888 | $19,800,072 | $0 | $19,800,072 |
| December 31, 2024 | 990-PF | $898,898 | $1,943,687 | -$1,044,789 | $19,586,868 | $0 | $19,586,868 |
| December 31, 2023 | 990-PF | -$1,494,888 | $1,741,732 | -$3,236,620 | $19,469,766 | $137 | $19,469,629 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $552,897
- Interest
- $159
- Net gain from sales of assets
- $1,353,347
- Other income
- $8
Expenses
- Grants and similar amounts paid
- $1,345,220
- Compensation of officers, directors and key employees
- $216,750
- Disbursements for charitable purposes
- $1,587,044
- Excise tax on investment income
- $26,430
Balance sheet and other
- Total assets, start of year
- $19,586,868
- Total assets, end of year
- $19,800,072
- Total liabilities, end of year
- $0
- Net assets, end of year
- $19,800,072
- Fair market value of assets
- $19,800,072
- Qualifying distributions
- $1,622,044
- Net investment income
- $1,906,411
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 |
|---|---|---|---|
| LISA N RAUCK 221 NORTH HOGAN STREET 403, JACKSONVILLE, FL 32202 | DIRECTOR | 40 | $166,750 |
| IAN HUSCHLE 221 NORTH HOGAN STREET 403, JACKSONVILLE, FL 32202 | TRUSTEE | 20 | $50,000 |
| CHAD R PIKE 221 NORTH HOGAN STREET 403, JACKSONVILLE, FL 32202 | TRUSTEE | 1 | $0 |
| ALAN PIKE 221 NORTH HOGAN STREET 403, JACKSONVILLE, FL 32202 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LISA N RAUCK 221 NORTH HOGAN STREET 403, JACKSONVILLE, FL 32202 | VP OF FINANCE AND PROGRAMMING | 40 | $135,125 |
| KATERYNA RAKOWSKY THRU 424 221 NORTH HOGAN STREET 403, JACKSONVILLE, FL 32202 | EXECUTIVE DIRECTOR - SEE STMT 14 | 40 | $62,019 |
| IAN HUSCHLE 221 NORTH HOGAN STREET 403, JACKSONVILLE, FL 32202 | TRUSTEE | 20 | $50,000 |
| CHAD R PIKE 221 NORTH HOGAN STREET 403, JACKSONVILLE, FL 32202 | TRUSTEE | 1 | $0 |
| ALAN PIKE 221 NORTH HOGAN STREET 403, JACKSONVILLE, FL 32202 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATERYNA RAKOWSKY 221 NORTH HOGAN STREET 403, JACKSONVILLE, FL 32202 | EXECUTIVE DIRECTOR | 40 | $250,196 |
| LISA N RAUCK 221 NORTH HOGAN STREET 403, JACKSONVILLE, FL 32202 | VP OF FINANCE AND PROGRAMMING | 40 | $125,235 |
| IAN HUSCHLE 221 NORTH HOGAN STREET 403, JACKSONVILLE, FL 32202 | TRUSTEE | 20 | $50,000 |
| CHAD R PIKE 221 NORTH HOGAN STREET 403, JACKSONVILLE, FL 32202 | TRUSTEE | 1 | $0 |
| ALAN PIKE 221 NORTH HOGAN STREET 403, JACKSONVILLE, FL 32202 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 403, JACKSONVILLE, FL 32202-0000
- In care of
- % RICHARD W HAWTHORNE
- Signed the 990-PF
- IAN HUSCHLE, TRUSTEE
- Phone
- (917) 477-3882
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
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
- 45-6614724
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $19,800,072
- Income (IRS master file)
- $13,908,846
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,906,411 | $1,596,523 | $19,800,072 | IRS |
| 990-PF | December 2024 | $898,898 | $1,943,687 | $19,586,868 | IRS |
| 990-PF | December 2023 | -$1,494,888 | $1,741,732 | $19,469,766 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | 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 45-6614724).
Questions about GRASSY CREEK FOUNDATION
- What is the EIN of GRASSY CREEK FOUNDATION?
- The employer identification number (EIN) of GRASSY CREEK FOUNDATION is 45-6614724.
- Is GRASSY CREEK FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to GRASSY CREEK FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GRASSY CREEK FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GRASSY CREEK 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 GRASSY CREEK 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 GRASSY CREEK FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 2 received compensation from the organization, the highest $166,750 (LISA N RAUCK, DIRECTOR).
- How much revenue does GRASSY CREEK FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,906,411, expenses of $1,596,523 and total assets of $19,800,072 at year end.
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