Nonprofit · EIN 52-1734893
IRA J BASLER JR & MARY K BASLER FOUNDATION INC
Tax-exempt · TOWSON, MD 21204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990-PF | $25,740 | $31,249 | -$5,509 | $159,325 | $0 | $159,325 |
| May 31, 2024 | 990-PF | $35,521 | $29,335 | $6,186 | $164,834 | $0 | $164,834 |
Financial details: 990-PF for the year ended May 31, 2025
Revenue
- Dividends
- $13,647
- Interest
- $1
- Net gain from sales of assets
- $12,092
Expenses
- Grants and similar amounts paid
- $26,000
- Compensation of officers, directors and key employees
- $4,400
- Disbursements for charitable purposes
- $28,200
- Excise tax on investment income
- $322
Balance sheet and other
- Total assets, start of year
- $164,834
- Total assets, end of year
- $159,325
- Total liabilities, end of year
- $0
- Net assets, end of year
- $159,325
- Fair market value of assets
- $525,781
- Qualifying distributions
- $28,200
- Net investment income
- $25,740
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert L Pierson 102 W Pennsylvania Ave Suite 304, Towson, MD 21204 | SEC/TREA | 1 | $4,000 |
| Claire Pierson 208 Solway Road, Lutherville Timonium, MD 21093 | VICE PRESIDENT | 0.2 | $400 |
| W Michel Pierson 2210 Chilham Road, Baltimore, MD 21209 | PRESIDENT | 0.2 | $0 |
990-PF for the year ended May 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert L Pierson 102 W Pennsylvania Ave Suite 304, Towson, MD 21204 | SEC/TREA | 1 | $3,500 |
| Claire Pierson 208 Solway Road, Lutherville Timonium, MD 21093 | VICE PRESIDENT | 0.2 | $400 |
| W Michel Pierson 2210 Chilham Road, Baltimore, MD 21209 | PRESIDENT | 0.2 | $0 |
Address and contacts
- Address (IRS master file)
- 102 W PENNSYLVANIA AVENUE, TOWSON, MD 21204-4526
- In care of
- % ROBERT J PEARSON
- Signed the 990-PF
- Robert L Pierson, Secretary/Treasurer
- Phone
- (410) 821-3006
- Return prepared by
- Pierson & Pierson
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990-PF on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990-PF on file |
IRS record
- EIN
- 52-1734893
- 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
- 1991
- Accounting year ends
- May
- Files
- Form 990-PF
- Assets (IRS master file)
- $159,325
- Income (IRS master file)
- $28,946
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | May 2025 | $25,740 | $31,249 | $159,325 | IRS |
| 990-PF | May 2024 | $35,521 | $29,335 | $164,834 | XML |
| 990-PF | May 2023 | – | – | – | IRS |
| 990-PF | May 2022 | – | – | – | IRS |
| 990-PF | May 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 52-1734893).
Questions about IRA J BASLER JR & MARY K BASLER FOUNDATION INC
- What is the EIN of IRA J BASLER JR & MARY K BASLER FOUNDATION INC?
- The employer identification number (EIN) of IRA J BASLER JR & MARY K BASLER FOUNDATION INC is 52-1734893.
- Is IRA J BASLER JR & MARY K BASLER FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to IRA J BASLER JR & MARY K BASLER FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does IRA J BASLER JR & MARY K BASLER FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of IRA J BASLER JR & MARY K BASLER FOUNDATION INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IRA J BASLER JR & MARY K BASLER FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended May 2025.
- Who are the officers and directors of IRA J BASLER JR & MARY K BASLER FOUNDATION INC?
- The 990-PF for the year ended May 31, 2025 lists 3 people; 2 received compensation from the organization, the highest $4,000 (Robert L Pierson, SEC/TREA).
- How much revenue does IRA J BASLER JR & MARY K BASLER FOUNDATION INC have?
- On its 990-PF for the year ended May 31, 2025 it reported revenue of $25,740, expenses of $31,249 and total assets of $159,325 at year end.
Other nonprofits in TOWSON
- GREATER BALTIMORE MEDICAL CENTER EIN 52-6049658 · last filed 990 for 2025
- STONIER SCHOLARSHIP INC EIN 27-6601178 · last filed 990 for 2024
- HACKERMAN FOUNDATION INC EIN 52-1459149 · last filed 990-PF for 2024
- GENERAL GERMAN AGED PEOPLES HOME OF BALTIMORE EIN 52-0591603 · last filed 990 for 2024
- PICKERSGILL INC EIN 52-0591530 · last filed 990 for 2025
- TOWSON UNIVERSITY FOUNDATION INC EIN 52-0939453 · last filed 990 for 2025
- FIDELITY RESOURCES INCORPORATED EIN 52-2353644 · last filed 990 for 2024
- GRACE EXCEEDING INC EIN 81-3571335 · last filed 990 for 2025