Nonprofit · EIN 47-6965500
WALLACE E AND HAZEL C LOFT SCHOLARSHIP TR
Also known as KEVIN R HITCHINS TTEE
Tax-exempt · MARSHALLTOWN, IA 50158
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $16,225 | $13,022 | $3,203 | $719,834 | $0 | $719,834 |
| December 31, 2024 | 990-PF | $49,479 | $37,439 | $12,040 | $674,774 | $0 | $674,774 |
| December 31, 2023 | 990-PF | $17,082 | $60,279 | -$43,197 | $630,580 | $0 | $630,580 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $15,711
- Interest
- $5
- Net gain from sales of assets
- $509
Expenses
- Grants and similar amounts paid
- $0
- Disbursements for charitable purposes
- $12,836
- Excise tax on investment income
- $4
Balance sheet and other
- Total assets, start of year
- $674,774
- Total assets, end of year
- $719,834
- Total liabilities, end of year
- $0
- Net assets, end of year
- $719,834
- Fair market value of assets
- $719,834
- Qualifying distributions
- $12,836
- Net investment income
- $509
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 |
|---|---|---|---|
| KEVIN R HITCHINS 102 E CHURCH STREET, MARSHALLTOWN, IA 50158 | TRUSTEE | 0 | $0 |
| GARY L BURKE 28 EAGLE RIDGE DRIVE, Waverly, IA 50677 | TRUSTEE | 0 | $0 |
| BARBARA REID 403 4TH STREET, Janesville, IA 50647 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN R HITCHINS 102 E CHURCH STREET, MARSHALLTOWN, IA 50158 | TRUSTEE | 0 | $0 |
| GARY L BURKE 28 EAGLE RIDGE DRIVE, Waverly, IA 50677 | TRUSTEE | 0 | $0 |
| BARBARA REID 403 4TH STREET, Janesville, IA 50647 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN R HITCHINS 102 E CHURCH STREET, MARSHALLTOWN, IA 50158 | TRUSTEE | 0 | $0 |
| GARY L BURKE 28 EAGLE RIDGE DRIVE, Waverly, IA 50677 | TRUSTEE | 0 | $0 |
| BARBARA REID 403 4TH STREET, Janesville, IA 50647 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 102 E CHURCH ST, MARSHALLTOWN, IA 50158-2942
- In care of
- % KEVIN R HITCHINS
- Signed the 990-PF
- KEVIN R HITCHINS, Trustee
- Phone
- (641) 752-4507
- Return prepared by
- Hitchins & Thronson PLC
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
- 47-6965500
- 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
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $719,834
- Income (IRS master file)
- $34,400
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $16,225 | $13,022 | $719,834 | XML |
| 990-PF | December 2024 | $49,479 | $37,439 | $674,774 | XML |
| 990-PF | December 2023 | $17,082 | $60,279 | $630,580 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 47-6965500).
Questions about WALLACE E AND HAZEL C LOFT SCHOLARSHIP TR
- What is the EIN of WALLACE E AND HAZEL C LOFT SCHOLARSHIP TR?
- The employer identification number (EIN) of WALLACE E AND HAZEL C LOFT SCHOLARSHIP TR is 47-6965500.
- Is WALLACE E AND HAZEL C LOFT SCHOLARSHIP TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to WALLACE E AND HAZEL C LOFT SCHOLARSHIP TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WALLACE E AND HAZEL C LOFT SCHOLARSHIP TR file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WALLACE E AND HAZEL C LOFT SCHOLARSHIP TR 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 WALLACE E AND HAZEL C LOFT SCHOLARSHIP TR 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 WALLACE E AND HAZEL C LOFT SCHOLARSHIP TR?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does WALLACE E AND HAZEL C LOFT SCHOLARSHIP TR have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $16,225, expenses of $13,022 and total assets of $719,834 at year end.
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