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Nonprofit · EIN 47-2805120

LIVE OAK FOUNDATION INC

Tax-exempt · SANFORD, NC 27331

Financials

$216K$252K2023$2.7M$326K2024
Revenue Expenses · by fiscal year end
Financials of LIVE OAK FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,662,869$326,480$2,336,389$7,709,523$0$7,709,523
December 31, 2023990-PF$215,988$251,627-$35,639$4,914,323$0$4,914,323
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$25,000
Dividends
$114,800
Net gain from sales of assets
$2,523,069

Expenses

Grants and similar amounts paid
$293,755
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$293,930
Excise tax on investment income
$36,213

Balance sheet and other

Total assets, start of year
$4,914,323
Total assets, end of year
$7,709,523
Total liabilities, end of year
$0
Net assets, end of year
$7,709,523
Fair market value of assets
$7,709,523
Qualifying distributions
$293,930
Net investment income
$2,637,820

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
OA KELLER
POST OFFICE BOX 159, SANFORD, NC 27331
PRESIDENT1$0
WILLIAM CARTER KELLER
POST OFFICE BOX 159, SANFORD, NC 27331
VICE PRESIDENT1$0
RHONDA R WOODALL
POST OFFICE BOX 159, SANFORD, NC 27331
DIRECTOR4$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
OA KELLER
POST OFFICE BOX 159, SANFORD, NC 27331
PRESIDENT1$0
WILLIAM CARTER KELLER
POST OFFICE BOX 159, SANFORD, NC 27331
VICE PRESIDENT1$0
RHONDA R WOODALL
POST OFFICE BOX 159, SANFORD, NC 27331
DIRECTOR4$0

Address and contacts

Address (IRS master file)
PO BOX 159, SANFORD, NC 27331-0159
Signed the 990-PF
OA KELLER, PRESIDENT
Phone
(276) 957-4656
Return prepared by
THOMAS JUDY & TUCKER 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 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
47-2805120
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
2015
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$7,709,523
Income (IRS master file)
$3,762,275

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,662,869$326,480$7,709,523IRS
990-PFDecember 2023$215,988$251,627$4,914,323IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 47-2805120).

Questions about LIVE OAK FOUNDATION INC

What is the EIN of LIVE OAK FOUNDATION INC?
The employer identification number (EIN) of LIVE OAK FOUNDATION INC is 47-2805120.
Is LIVE OAK FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to LIVE OAK FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LIVE OAK FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of LIVE OAK 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 LIVE OAK 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 LIVE OAK FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does LIVE OAK FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,662,869, expenses of $326,480 and total assets of $7,709,523 at year end.

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