Nonprofit · EIN 52-1645260
IWFS FOUNDATION INC
Tax-exempt · BEDMINSTER, NJ 07921
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $73,394 | $92,037 | -$18,643 | $744,756 | $79,779 | $664,977 |
| September 30, 2024 | 990 | $67,390 | $103,302 | -$35,912 | $718,603 | $78,817 | $639,786 |
| September 30, 2023 | 990 | $84,287 | $70,777 | $13,510 | $572,522 | $10,372 | $562,150 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $36,338
- Program service revenue
- $0
- Investment income
- $37,056
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $88,567
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,800
- Program services (functional)
- $88,567
- Management and general (functional)
- $3,470
Balance sheet and other
- Total assets, start of year
- $718,603
- Total assets, end of year
- $744,756
- Total liabilities, end of year
- $79,779
- Net assets, end of year
- $664,977
- Publicly traded securities
- $659,894
- Net assets without donor restrictions
- $664,977
- Gross receipts
- $73,394
- Employees
- 0
- Year formed
- 1988
- State of legal domicile
- DE
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW JONES | President & CEO Trustee or director, Officer | 2 | $0 |
| JAMES STORFER | Treasurer Trustee or director, Officer | 2 | $0 |
| CHERYL KENNY | Director Trustee or director | 1 | $0 |
| ARNIE REITER | Secretary Trustee or director, Officer | 1 | $0 |
| TOM WIEDRICH | Director Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW JONES | Director Trustee or director, Officer | 2 | $0 |
| JAMES STORFER | Treasurer Trustee or director, Officer | 2 | $0 |
| CHERYL KENNY | Director Trustee or director | 1 | $0 |
| ARNIE REITER | Secretary Trustee or director, Officer | 1 | $0 |
| TOM WIEDRICH | Director Trustee or director | 1 | $0 |
990 for the year ended September 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW JONES | Chairman/Direct Trustee or director, Officer | 2 | $0 |
| DWIGHT CATHERWOOD | Treasurer Trustee or director, Officer | 2 | $0 |
| IRA GREEN | Director Trustee or director | 1 | $0 |
| JAMES STORFER | Secretary Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 14 OBRIEN CT, BEDMINSTER, NJ 07921-2686
- In care of
- % DWIGHT CATHERWOOD
- Mailing address (990-N for 2012)
- 1395 Westhaven Road, San Marino CA 91108
- Principal officer (990-N for 2012)
- Dave Felton, 501 Palmetto Dr, Pasadena CA 91108
- Signed the 990
- James Storfer, Treasurer
- Phone
- (713) 410-0211
- Return prepared by
- Harvey & Parmelee LLP
Mission
FUNDING OF SCHOLARSHIPS FOR THE STUDY OF THE CULINARY ARTS
Program accomplishments
- Made Scholarship Grants for Qualified Students in the Fields of Oenology, Viticulture and the Culinary Arts.Expenses $88,567
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 52-1645260
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Food, agriculture and nutrition (K99Z)
- Assets (IRS master file)
- $744,756
- Income (IRS master file)
- $73,394
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $73,394 | $92,037 | $744,756 | XML |
| 990 | September 2024 | $67,390 | $103,302 | $718,603 | XML |
| 990 | September 2023 | $84,287 | $70,777 | $572,522 | XML |
| 990 | September 2022 | $93,914 | $46,588 | $524,758 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-EZ | September 2020 | – | – | – | IRS |
| 990-EZ | September 2019 | – | – | – | IRS |
| 990-EZ | September 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Dave Felton | September 30, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
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 52-1645260).
Questions about IWFS FOUNDATION INC
- What is the EIN of IWFS FOUNDATION INC?
- The employer identification number (EIN) of IWFS FOUNDATION INC is 52-1645260.
- Is IWFS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to IWFS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IWFS 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 IWFS FOUNDATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IWFS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of IWFS FOUNDATION INC?
- The 990-N for 2012 names Dave Felton.
- Who are the officers and directors of IWFS FOUNDATION INC?
- The 990 for the year ended September 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does IWFS FOUNDATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $73,394, expenses of $92,037 and total assets of $744,756 at year end.
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