Nonprofit · EIN 46-3730511
T & W FOUNDATION INC
Tax-exempt (reinstated) · CLARKSVILLE, MD 21029
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $293,079 | $1,703,733 | -$1,410,654 | $461,547 | $0 | $461,547 |
| June 30, 2024 | 990-PF | $2,845,213 | $1,234,267 | $1,610,946 | $1,872,201 | $0 | $1,872,201 |
| June 30, 2023 | 990-PF | $138,429 | $1,709,337 | -$1,570,908 | $1,086,557 | $0 | $1,086,557 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,300
- Dividends
- $39,080
- Net gain from sales of assets
- $243,699
Expenses
- Grants and similar amounts paid
- $1,668,509
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $1,675,413
- Excise tax on investment income
- $3,537
Balance sheet and other
- Total assets, start of year
- $1,872,201
- Total assets, end of year
- $461,547
- Total liabilities, end of year
- $0
- Net assets, end of year
- $461,547
- Fair market value of assets
- $506,056
- Qualifying distributions
- $1,675,413
- Net investment income
- $282,779
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS P CLEMENT 2495 S WALNUT ST PIKE, BLOOMINGTON, IN 47401 | DIRECTOR | 0 | $0 |
| TODD CARPENTER 2495 S WALNUT ST PIKE, BLOOMINGTON, IN 47401 | DIRECTOR | 0 | $0 |
990-PF for the year ended June 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS P CLEMENT 2495 S WALNUT ST PIKE, BLOOMINGTON, IN 47401 | DIRECTOR | 0 | $0 |
| TODD CARPENTER 2495 S WALNUT ST PIKE, BLOOMINGTON, IN 47401 | DIRECTOR | 0 | $0 |
990-PF for the year ended June 30, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS P CLEMENT 2495 S WALNUT ST PIKE, BLOOMINGTON, IN 47401 | DIRECTOR | 0 | $0 |
| TODD CARPENTER 2495 S WALNUT ST PIKE, BLOOMINGTON, IN 47401 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 6295 HEATHER GLEN WAY, CLARKSVILLE, MD 21029-1178
- Signed the 990-PF
- TODD CARPENTER, DIRECTOR
- Phone
- (812) 331-1885
- Website
- TANDWFOUNDATION.ORG
- Return prepared by
- HILL BARTH & KING 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 46-3730511
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $461,547
- Income (IRS master file)
- $1,702,975
Revocation and reinstatement
- Exemption revoked
- November 15, 2022
- Posted by the IRS
- March 13, 2023
- Reinstated
- Effective November 15, 2022
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $293,079 | $1,703,733 | $461,547 | XML |
| 990-PF | June 2024 | $2,845,213 | $1,234,267 | $1,872,201 | IRS |
| 990-PF | June 2023 | $138,429 | $1,709,337 | $1,086,557 | IRS |
| 990-PF | June 2019 | – | – | – | 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 46-3730511).
Questions about T & W FOUNDATION INC
- What is the EIN of T & W FOUNDATION INC?
- The employer identification number (EIN) of T & W FOUNDATION INC is 46-3730511.
- Is T & W FOUNDATION INC tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2022 and reinstated it effective November 15, 2022.
- Are donations to T & W FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does T & W FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of T & W FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did T & W FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of T & W FOUNDATION INC?
- The 990-PF for the year ended June 30, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does T & W FOUNDATION INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $293,079, expenses of $1,703,733 and total assets of $461,547 at year end.
Other nonprofits in CLARKSVILLE
- THE LONNIE AND EMNET PARKER FOUNDATION EIN 85-4250874 · last filed 990-PF for 2025
- AUREUS FOUNDATION EIN 26-1610650 · last filed 990-PF for 2024
- HBCU CAREER DEVELOPMENT MARKETPLACE INC EIN 45-4856054 · last filed 990 for 2025
- KITS TO HEART FOUNDATION EIN 85-0767060 · last filed 990 for 2025
- TUCKER-DIGGS FOUNDATION INC EIN 52-2277777 · last filed 990-PF for 2025
- NORWOOD FOUNDATION INC EIN 27-1415245 · last filed 990-PF for 2025
- SANTORA AND KUBIK FOUNDATION INC EIN 87-2527889 · last filed 990-EZ for 2025
- APPNA MARYLAND INC EIN 87-2263205 · last filed 990-N for 2025
All nonprofits in CLARKSVILLE · Maryland · Philanthropy, voluntarism and grantmaking foundations