Nonprofit · EIN 52-2038980
SPM FOUNDATION INC
Tax-exempt · WINSTON SALEM, NC 27104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,622,990 | $1,189,003 | $433,987 | $11,123,251 | $0 | $11,123,251 |
| December 31, 2023 | 990-PF | $1,347,701 | $1,176,894 | $170,807 | $10,971,639 | $0 | $10,971,639 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $500,000
- Dividends
- $165,517
- Net rental income
- $39,371
- Net gain from sales of assets
- $918,102
Expenses
- Grants and similar amounts paid
- $936,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $43,800
- Disbursements for charitable purposes
- $936,000
- Excise tax on investment income
- $12,093
Balance sheet and other
- Total assets, start of year
- $10,971,639
- Total assets, end of year
- $11,123,251
- Total liabilities, end of year
- $0
- Net assets, end of year
- $11,123,251
- Fair market value of assets
- $11,123,251
- Qualifying distributions
- $936,000
- Net investment income
- $1,122,990
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMIE SUE SCHULTE 1402 WEST 52ND STREET, INDIANAPOLIS, IN 46228 | VICE PRESIDENT | 0 | $0 |
| DOUGLAS PULLIAM MCDANIEL 46 GRAFTON ST, CHEVY CHASE, MD 20815 | PRESIDENT | 0 | $0 |
| MARGARET ANN GOLDSMITH 1544 FLICKER DR, WICKENBURG, AZ 85358 | TREASURER | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUZANNE P MURPHY 8300 BURDETTE RD E512, BETHESDA, MD 20817 | PRESIDENT | 0 | $0 |
| JAMIE SUE SCHULTE 1402 WEST 52ND STREET, INDIANAPOLIS, IN 46228 | VICE PRESIDENT | 0 | $0 |
| DOUGLAS PULLIAM MCDANIEL 46 GRAFTON ST, CHEVY CHASE, MD 20815 | SECRETARY | 0 | $0 |
| MARGARET ANN GOLDSMITH 1544 FLICKER DR, WICKENBURG, AZ 85358 | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 120 CLUB OAKS CT STE 200, WINSTON SALEM, NC 27104-4769
- In care of
- % SUZANNE P MURPHY
- Signed the 990-PF
- DOUGLAS MCDANIEL, PRESIDENT
- Phone
- (336) 765-2020
- Return prepared by
- YOUNT HYDE & BARBOUR PC
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 | Not 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
- 52-2038980
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $11,123,251
- Income (IRS master file)
- $4,709,403
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,622,990 | $1,189,003 | $11,123,251 | IRS |
| 990-PF | December 2023 | $1,347,701 | $1,176,894 | $10,971,639 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 52-2038980).
Questions about SPM FOUNDATION INC
- What is the EIN of SPM FOUNDATION INC?
- The employer identification number (EIN) of SPM FOUNDATION INC is 52-2038980.
- Is SPM FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to SPM FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SPM FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SPM FOUNDATION INC 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 SPM FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of SPM FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does SPM FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,622,990, expenses of $1,189,003 and total assets of $11,123,251 at year end.
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All nonprofits in WINSTON SALEM · North Carolina · Philanthropy, voluntarism and grantmaking foundations