Nonprofit · EIN 47-1759388
JAMES W FOLEY LEGACY FOUNDATION INC
Tax-exempt · PORTSMOUTH, NH 03801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $716,349 | $759,193 | -$42,844 | $977,470 | $20,977 | $956,493 |
| December 31, 2023 | 990 | $573,723 | $664,374 | -$90,651 | $933,310 | $24,542 | $908,768 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $662,074
- Program service revenue
- $0
- Investment income
- $23,239
- Net income from fundraising events
- $3,448
- Other revenue
- $31,036
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $409,206
- Salaries, compensation and benefits (total)
- $483,181
- Professional fundraising fees
- $0
- Accounting fees
- $5,730
- Occupancy
- $12,758
- Travel
- $39,859
- Depreciation
- $1,231
- Program services (functional)
- $470,274
- Management and general (functional)
- $112,943
- Fundraising (functional)
- $175,976
Balance sheet and other
- Total assets, start of year
- $933,310
- Total assets, end of year
- $977,470
- Total liabilities, end of year
- $20,977
- Net assets, end of year
- $956,493
- Land, buildings and equipment
- $5,210
- Publicly traded securities
- $874,704
- Net assets without donor restrictions
- $956,493
- Gross receipts
- $928,208
- Employees
- 8
- Volunteers
- 100
- Year formed
- 2014
- State of legal domicile
- WI
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BENJAMIN GRAY | EXECUTIVE DI Key employee | 40 | $180,000 |
| DIANE M FOLEY | PRESIDENT Trustee or director, Officer | 40 | $0 |
| PETER VENTURA | TREASURER Trustee or director, Officer | 2 | $0 |
| ELLEN SHEARER | CHAIR Trustee or director, Officer | 2 | $0 |
| ALI SOUFAN | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| CHRISTOPHER COSTA | BOARD MEMBER Trustee or director | 2 | $0 |
| RANA H ALTENBURG | SECRETARY Trustee or director, Officer | 2 | $0 |
| DAVID LEVINSON | BOARD MEMBER Trustee or director | 2 | $0 |
| FERNANDO COLINA | BOARD MEMBER Trustee or director | 2 | $0 |
| RICHARD GINGRAS | BOARD MEMBER Trustee or director | 2 | $0 |
| NEDA SHARGHI SALEHI | BOARD MEMBER Trustee or director | 2 | $0 |
| MARK DONIG | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANE M FOLEY | PRESIDENT Trustee or director, Officer | 40 | $0 |
| PETER VENTURA | TREASURER Trustee or director, Officer | 2 | $0 |
| ELLEN SHEARER | CHAIR Trustee or director, Officer | 2 | $0 |
| JERE VAN DYK | BOARD MEMBER Trustee or director | 2 | $0 |
| ALI SOUFAN | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| CHRISTOPHER COSTA | BOARD MEMBER Trustee or director | 2 | $0 |
| RANA H ALTENBURG | SECRETARY Trustee or director, Officer | 2 | $0 |
| DAVID LEVINSON | BOARD MEMBER Trustee or director | 2 | $0 |
| FERNANDO COLINA | BOARD MEMBER Trustee or director | 2 | $0 |
| RICHARD GINGRAS | BOARD MEMBER Trustee or director | 2 | $0 |
| NEDA SHARGHI SALEHI | BOARD MEMBER Trustee or director | 2 | $0 |
| MARK DONIG | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 200 MARCY ST STE 102, PORTSMOUTH, NH 03801-4649
- In care of
- % DIANE FOLEY
- Principal officer (990 for 2024)
- DIANE M FOLEY, 200 MARCY STREET, SUITE 102, PORTSMOUTH, NH 03801
- Signed the 990
- PETER VENTURA, TREASURER
- Phone
- (800) 803-7010
- Website
- WWW.JAMESFOLEYFOUNDATION.ORG
- Return prepared by
- GROTTLUKER & CO
Mission
INSPIRED BY THE LIFE, WORK, AND MORAL COURAGE OF AMERICAN JOURNALIST, EDUCATOR, AND HUMANITARIAN JAMES W. FOLEY, THE FOLEY FOUNDATION ADVOCATES FOR THE FREEDOM OF INNOCENT US NATIONALS HELD CAPTIVE ABROAD AND PROMOTE JOURNALIST SAFETY. TO DO THIS, WE CONDUCT UNIQUE AND AUTHORITATIVE RESEARCH ABOUT HOSTAGE-TAKING. WE USE DATA ABOUT ISSUES AND STRUCTURED INTERVIEWS THAT CAPTURE THE LIVED EXPERIENCES OF HOSTAGE FAMILIES AND THOSE WHO HAVE RETURNED FROM CAPTIVITY TO INFORM THE PUBLIC AND POLICYMAKERS. WE MAKE LEGISLATIVE AND POLICY RECOMMENDATIONS FOR REFORMS THAT WILL BRING MORE AMERICANS HOME MORE QUICKLY, SUPPORT VICTIMS, AND ULTIMATELY DETER AND PREVENT THE SCOURGE OF HOSTAGE-TAKING.
Program accomplishments
- TO ADVOCATE FOR AMERICAN HOSTAGES AND WRONGFUL DETAINEES HELD ABROAD AND PROMOTE JOURNALIST SAFETY.Expenses $470,274
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1759388
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $977,470
- Income (IRS master file)
- $928,208
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $716,349 | $759,193 | $977,470 | XML |
| 990 | December 2023 | $573,723 | $664,374 | $933,310 | XML |
| 990 | December 2022 | $561,255 | $540,233 | $966,139 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 47-1759388).
Questions about JAMES W FOLEY LEGACY FOUNDATION INC
- What is the EIN of JAMES W FOLEY LEGACY FOUNDATION INC?
- The employer identification number (EIN) of JAMES W FOLEY LEGACY FOUNDATION INC is 47-1759388.
- Is JAMES W FOLEY LEGACY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to JAMES W FOLEY LEGACY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does JAMES W FOLEY LEGACY FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of JAMES W FOLEY LEGACY 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 JAMES W FOLEY LEGACY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of JAMES W FOLEY LEGACY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names DIANE M FOLEY.
- Who are the officers and directors of JAMES W FOLEY LEGACY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $180,000 (BENJAMIN GRAY, EXECUTIVE DI).
- How much revenue does JAMES W FOLEY LEGACY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $716,349, expenses of $759,193 and total assets of $977,470 at year end.
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