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Nonprofit · EIN 46-5287327

PATRICIA ADSIT FOUNDATION INC

Tax-exempt · FORT WAYNE, IN 46804

Financials

$1.6M$450K2023$270K$585K2024
Revenue Expenses · by fiscal year end
Financials of PATRICIA ADSIT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$270,017$585,404-$315,387$4,507,454$0$4,507,454
December 31, 2023990-PF$1,626,639$449,927$1,176,712$4,822,841$0$4,822,841
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$100,000
Dividends
$167,339
Interest
$2,556
Other income
$122

Expenses

Grants and similar amounts paid
$546,308
Disbursements for charitable purposes
$585,404
Excise tax on investment income
$1,927

Balance sheet and other

Total assets, start of year
$4,822,841
Total assets, end of year
$4,507,454
Total liabilities, end of year
$0
Net assets, end of year
$4,507,454
Fair market value of assets
$5,844,301
Qualifying distributions
$585,404
Net investment income
$177,703

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Patricia Mae Adsit
2629 Foxchase Run, Fort Wayne, IN 46825
Director1$0
George Donner
127 West Berry Street Suite 402, Fort Wayne, IN 46802
Treasurer0.2$0
Marjorie Gamble
9520 Sea View Cove, Fort Wayne, IN 46835
Secretary0$0
Jeanne E Longsworth
7030 Pointe Inverness Way Suite 330, Fort Wayne, IN 46804
Director0$0
Katherine Moenter
127 West Berry Street Suite 402, Fort Wayne, IN 46802
Director0$0
Robert L Nance
6631 Quail Ridge Lane, Fort Wayne, IN 46804
President1$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Patricia Mae Adsit
2629 Foxchase Run, Fort Wayne, IN 46825
Director1$0
George Donner
127 West Berry Street Suite 402, Fort Wayne, IN 46802
Treasurer0.2$0
Marjorie Gamble
9520 Sea View Cove, Fort Wayne, IN 46835
Secretary0$0
Jeanne E Longsworth
7030 Pointe Inverness Way Suite 330, Fort Wayne, IN 46804
Director0$0
Katherine Moenter
127 West Berry Street Suite 402, Fort Wayne, IN 46802
Director0$0
Robert Nance
6631 Quail Ridge Lane, Fort Wayne, IN 46804
President1$0
Tanya August
5528 Fox Mill Run, Fort Wayne, IN 46835
Director0$0

Address and contacts

Address (IRS master file)
7030 POINTE INVERNESS WAY, FORT WAYNE, IN 46804-7930
Signed the 990-PF
Robert L Nance, President
Phone
(260) 436-1555
Return prepared by
LONGSWORTH LAW 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
46-5287327
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
2016
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$4,507,454
Income (IRS master file)
$270,017

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$270,017$585,404$4,507,454IRS
990-PFDecember 2023$1,626,639$449,927$4,822,841XML
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 46-5287327).

Questions about PATRICIA ADSIT FOUNDATION INC

What is the EIN of PATRICIA ADSIT FOUNDATION INC?
The employer identification number (EIN) of PATRICIA ADSIT FOUNDATION INC is 46-5287327.
Is PATRICIA ADSIT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to PATRICIA ADSIT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PATRICIA ADSIT FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of PATRICIA ADSIT 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 PATRICIA ADSIT FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of PATRICIA ADSIT FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does PATRICIA ADSIT FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $270,017, expenses of $585,404 and total assets of $4,507,454 at year end.

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