Nonprofit · EIN 48-0845233
FINNUP FOUNDATION
Tax-exempt · GARDEN CITY, KS 67846
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,056,454 | $1,716,917 | $339,537 | $31,823,793 | $1,308,629 | $30,515,164 |
| December 31, 2023 | 990 | $2,352,496 | $1,990,495 | $362,001 | $31,925,478 | $1,749,851 | $30,175,627 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $1,372,036
- Royalties
- $259,088
- Net rental income
- $233,917
- Net gain from sales of assets
- $259,062
- Other revenue
- $684,418
Expenses
- Grants and similar amounts paid
- $1,009,257
- Compensation of officers, directors and key employees
- $240,132
- Other salaries and wages
- $101,280
- Salaries, compensation and benefits (total)
- $382,507
- Professional fundraising fees
- $0
- Legal fees
- $2,065
- Accounting fees
- $8,500
- Occupancy
- $110,742
- Travel
- $2,125
- Program services (functional)
- $1,009,257
- Management and general (functional)
- $707,660
Balance sheet and other
- Total assets, start of year
- $31,925,478
- Total assets, end of year
- $31,823,793
- Total liabilities, end of year
- $1,308,629
- Net assets, end of year
- $30,515,164
- Land, buildings and equipment
- $4,732,556
- Publicly traded securities
- $25,856,326
- Gross unrelated business income
- $179,510
- Gross receipts
- $11,816,134
- Employees
- 3
- Volunteers
- 0
- Year formed
- 1977
- State of legal domicile
- KS
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 | Other / benefits |
|---|---|---|---|---|
| Caverly Hart | Trustee Trustee or director, Officer | 40 | $144,463 | $15,669 |
| Lance Woodbury | Trustee Trustee or director, Officer | 4 | $40,000 | $0 |
| John D Pinegar | Trustee Trustee or director, Officer | 4 | $40,000 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Caverly Hart | Trustee Trustee or director, Officer | 40 | $144,463 | $15,669 |
| Lance Woodbury | Trustee Trustee or director, Officer | 4 | $40,000 | $0 |
| John D Pinegar | Trustee Trustee or director, Officer | 4 | $40,000 | $0 |
Address and contacts
- Address (IRS master file)
- 119 N MAIN ST, GARDEN CITY, KS 67846-5459
- In care of
- % CAVERLY D HART TTEE
- Principal officer (990 for 2024)
- Caverly Hart, 119 N Main, Garden City, KS 67846
- Signed the 990
- Caverly Hart, Trustee
- Phone
- (620) 276-3032
- Return prepared by
- Kientz & Penick CPAs LLC
Mission
The Finnup Foundation Trust was established in 1977 by siblings Frederick Finnup and Isabel Finnup, who carried on the legacy of generosity that was modeled by their father, George Finnup, and their grandfather, Frederick Finnup. The Finnup family's interest in families, youth, education, social services, and conservation is expressed through the gifts to many organizations in the community.
Program accomplishments
- During 2024, the Foundation distributed $1,335,046 to 36 charitable and educational organizations in Kansas based on distributable income resulting from 2023 operations. For 2024, the Foundation's board of trustees has authorized $1,009,257 in similar distributions based on the results of 2024 operations.Expenses $1,009,257 · grants $1,009,257
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
- 48-0845233
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1978
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-T | December 2025 | – | – | – | IRS |
| 990 | December 2024 | $2,056,454 | $1,716,917 | $31,823,793 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $2,352,496 | $1,990,495 | $31,925,478 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $2,244,517 | $2,011,901 | $31,669,107 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | 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 48-0845233).
Questions about FINNUP FOUNDATION
- What is the EIN of FINNUP FOUNDATION?
- The employer identification number (EIN) of FINNUP FOUNDATION is 48-0845233.
- Is FINNUP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to FINNUP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FINNUP FOUNDATION 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 FINNUP FOUNDATION 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 FINNUP FOUNDATION 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 FINNUP FOUNDATION?
- The 990 for the year ended December 31, 2024 names Caverly Hart.
- Who are the officers and directors of FINNUP FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 3 received compensation from the organization, the highest $144,463 (Caverly Hart, Trustee).
- How much revenue does FINNUP FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,056,454, expenses of $1,716,917 and total assets of $31,823,793 at year end.
Other nonprofits in GARDEN CITY
- WESTERN KANSAS COMMUNITY FOUNDATION EIN 48-1184667 · last filed 990 for 2024
- OBRATE FOUNDATION EIN 46-1631934 · last filed 990-PF for 2025
- CHARITY CLASSIC INC EIN 87-1465175 · last filed 990 for 2024
- REEVE FAM FOUNDATION EIN 37-6714800 · last filed 990-PF for 2024
- FINNEY COUNTY RETIRED SENIOR VOLUNTEER PROGRAM INC EIN 48-1087089 · last filed 990-EZ for 2026
- GOLDEN PLAINS CREDIT UNION EIN 48-0587457 · last filed 990 for 2025
- COMPASS BEHAVIORAL HEALTH EIN 48-6101212 · last filed 990 for 2025
- UNITED METHODIST WESTERN KANSAS MEXICAN-AMERICAN MINISTRIES INC EIN 48-1049519 · last filed 990 for 2025
All nonprofits in GARDEN CITY · Kansas · Philanthropy, voluntarism and grantmaking foundations