Nonprofit · EIN 52-1441636
ABBITT FAMILY FOUNDATION
Tax-exempt · NEWPORT NEWS, VA 23606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990-PF | $324,896 | $112,284 | $212,612 | $4,579,417 | $0 | $4,579,417 |
| July 31, 2024 | 990-PF | $1,532,631 | $245,778 | $1,286,853 | $4,366,805 | $0 | $4,366,805 |
| July 31, 2023 | 990-PF | $225,119 | $364,380 | -$139,261 | $3,079,952 | $0 | $3,079,952 |
Financial details: 990-PF for the year ended July 31, 2025
Revenue
- Dividends
- $161,935
- Net gain from sales of assets
- $162,961
Expenses
- Grants and similar amounts paid
- $60,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Disbursements for charitable purposes
- $60,000
- Excise tax on investment income
- $3,789
Balance sheet and other
- Total assets, start of year
- $4,366,805
- Total assets, end of year
- $4,579,417
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,579,417
- Fair market value of assets
- $6,461,426
- Qualifying distributions
- $60,000
- Net investment income
- $324,896
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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carolyn S Abbitt 1209 Riverside Dr, Newport News, VA 23606 | Pres | 0.5 | $0 |
| Matthew M Abbitt Scottland Terrace, Newport News, VA 23606 | Asst S T | 0 | $0 |
| Stephen M Abbitt 203 Harrison St, Williasbur, VA 23185 | VP S T | 0 | $0 |
990-PF for the year ended July 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carolyn A Abbitt 1209 Riverside Dr, Newport News, VA 23606 | Pres | 0.5 | $0 |
| Matthew M Abbitt Scottland Terrace, Newport News, VA 23606 | Asst S T | 0 | $0 |
| Stephen M Abbitt 203 Harrison St, Williasbur, VA 23185 | VP S T | 0 | $0 |
990-PF for the year ended July 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carolyn A Abbitt 1209 Riverside Dr, Newport News, VA 23606 | Pres | 0.5 | $0 |
| Matthew M Abbitt Scottland Terrace, Newport News, VA 23606 | Asst S T | 0 | $0 |
| Stephen M Abbitt 203 Harrison St, Williasbur, VA 23185 | VP S T | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 11835 FISHING POINT DR STE 101, NEWPORT NEWS, VA 23606-2584
- In care of
- % CAROLYN S ABBITT
- Signed the 990-PF
- Stephen M Abbitt, Vice President
- Phone
- (757) 466-0464
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990-PF on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990-PF on file |
IRS record
- EIN
- 52-1441636
- 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
- 1986
- Accounting year ends
- July
- Files
- Form 990-PF
- Assets (IRS master file)
- $4,579,417
- Income (IRS master file)
- $1,203,764
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | July 2025 | $324,896 | $112,284 | $4,579,417 | XML |
| 990-PF | July 2024 | $1,532,631 | $245,778 | $4,366,805 | XML |
| 990-PF | July 2023 | $225,119 | $364,380 | $3,079,952 | XML |
| 990-PF | July 2022 | – | – | – | IRS |
| 990-PF | July 2021 | – | – | – | 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 52-1441636).
Questions about ABBITT FAMILY FOUNDATION
- What is the EIN of ABBITT FAMILY FOUNDATION?
- The employer identification number (EIN) of ABBITT FAMILY FOUNDATION is 52-1441636.
- Is ABBITT FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to ABBITT FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ABBITT FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ABBITT FAMILY FOUNDATION due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ABBITT FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended July 2025.
- Who are the officers and directors of ABBITT FAMILY FOUNDATION?
- The 990-PF for the year ended July 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does ABBITT FAMILY FOUNDATION have?
- On its 990-PF for the year ended July 31, 2025 it reported revenue of $324,896, expenses of $112,284 and total assets of $4,579,417 at year end.
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