Nonprofit · EIN 46-2659347
FOUNDATION FOR A BETTER TOMORROW INC
Tax-exempt · MADISON, MS 39110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $50,199 | $71,927 | -$21,728 | $468,691 | $0 | $468,691 |
| December 31, 2024 | 990-PF | $39,430 | $70,723 | -$31,293 | $490,419 | $0 | $490,419 |
| December 31, 2023 | 990-PF | $51,282 | $38,877 | $12,405 | $521,540 | $0 | $521,540 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $15,244
- Net gain from sales of assets
- $34,955
Expenses
- Grants and similar amounts paid
- $67,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $67,500
- Excise tax on investment income
- $636
Balance sheet and other
- Total assets, start of year
- $490,419
- Total assets, end of year
- $468,691
- Total liabilities, end of year
- $0
- Net assets, end of year
- $468,691
- Fair market value of assets
- $557,690
- Qualifying distributions
- $67,500
- Net investment income
- $50,199
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 |
|---|---|---|---|
| ELIZABETH WILHELM 200 DOMINICAN DRIVE 2211, MADISON, MS 39110 | CO-TREASURER | 0 | $0 |
| LEE WILHELM 200 DOMINICAN DRIVE 2211, MADISON, MS 39110 | CO-TREASURER | 0 | $0 |
| BENJAMIN WILHELM 32790 HIDDEN POND PATH, STEAMBOAT SPRINGS, CO 80487 | DIRECTOR | 0 | $0 |
| ANDREA WILHELM 154 ROLLING MEADOWS ROAD, RIDGELAND, MS 39157 | SECRETARY | 0 | $0 |
| THOMAS R KNOCHE 88 VIRGINIA AVENUE, HADDON TWP, NJ 08108 | PRESIDENT | 0 | $0 |
| NADINE KNOCHE 10415 LIBERTY ROAD, RANDALLSTOWN, MD 21133 | DIRECTOR | 0 | $0 |
| NATHAN KNOCHE PO BOX 42, CHROMO, CO 81128 | VICE-PRESIDENT | 0 | $0 |
| LAURA WILHELM 12337 CALFEE GULCH ROAD, CONIFER, CO 80433 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH WILHELM 10417 LIBERTY ROAD, RANDALLSTOWN, MD 21133 | C0-TREASURER | 0 | $0 |
| LEE WILHELM 10417 LIBERTY ROAD, RANDALLSTOWN, MD 21133 | CO-TREASURER | 0 | $0 |
| BENJAMIN WILHELM 32790 HIDDEN POND PATH, STEAMBOAT SPRINGS, CO 80487 | DIRECTOR | 0 | $0 |
| ANDREA WILHELM 154 ROLLING MEADOWS ROAD, RIDGELAND, MS 39157 | SECRETARY | 0 | $0 |
| THOMAS R KNOCHE 88 VIRGINIA AVENUE, HADDON TWP, NJ 08108 | PRESIDENT | 0 | $0 |
| NADINE KNOCHE 10415 LIBERTY ROAD, RANDALLSTOWN, MD 21133 | DIRECTOR | 0 | $0 |
| NATHAN KNOCHE PO BOX 42, CHROMO, CO 81128 | VICE-PRESIDENT | 0 | $0 |
| LAURA WILHELM 12337 CALFEE GULCH ROAD, CONIFER, CO 80433 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH WILHELM 10417 LIBERTY ROAD, RANDALLSTOWN, MD 21133 | C0-TREASURER | 0 | $0 |
| LEE WILHELM 10417 LIBERTY ROAD, RANDALLSTOWN, MD 21133 | CO-TREASURER | 0 | $0 |
| BENJAMIN WILHELM 32790 HIDDEN POND PATH, STEAMBOAT SPRINGS, CO 80487 | DIRECTOR | 0 | $0 |
| ANDREA WILHELM 154 ROLLING MEADOWS ROAD, RIDGELAND, MS 39157 | SECRETARY | 0 | $0 |
| THOMAS R KNOCHE 88 VIRGINIA AVENUE, HADDON TWP, NJ 08108 | PRESIDENT | 0 | $0 |
| NADINE KNOCHE 10415 LIBERTY ROAD, RANDALLSTOWN, MD 21133 | DIRECTOR | 0 | $0 |
| NATHAN KNOCHE PO BOX 42, CHROMO, CO 81128 | VICE-PRESIDENT | 0 | $0 |
| LAURA WILHELM 12337 CALFEE GULCH ROAD, CONIFER, CO 80433 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 DOMINICAN DRIVE 2211, MADISON, MS 39110-8630
- Signed the 990-PF
- ELIZABETH WILHELM, CO-TREASURER
- Phone
- (410) 966-3241
- Return prepared by
- GROSS MENDELSOHN & ASSOCIATES PA
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
- 46-2659347
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $468,691
- Income (IRS master file)
- $143,791
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $50,199 | $71,927 | $468,691 | IRS |
| 990-PF | December 2024 | $39,430 | $70,723 | $490,419 | XML |
| 990-PF | December 2023 | $51,282 | $38,877 | $521,540 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 46-2659347).
Questions about FOUNDATION FOR A BETTER TOMORROW INC
- What is the EIN of FOUNDATION FOR A BETTER TOMORROW INC?
- The employer identification number (EIN) of FOUNDATION FOR A BETTER TOMORROW INC is 46-2659347.
- Is FOUNDATION FOR A BETTER TOMORROW INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to FOUNDATION FOR A BETTER TOMORROW INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FOUNDATION FOR A BETTER TOMORROW INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FOUNDATION FOR A BETTER TOMORROW 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 FOUNDATION FOR A BETTER TOMORROW 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 FOUNDATION FOR A BETTER TOMORROW INC?
- The 990-PF for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does FOUNDATION FOR A BETTER TOMORROW INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $50,199, expenses of $71,927 and total assets of $468,691 at year end.
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