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Nonprofit · EIN 54-0490435

CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED

Also known as DOUGLAS T RAMSEY

Tax-exempt · MARTINSVILLE, VA 24114

Financials

$6.7M$4.7M2024
Revenue Expenses · by fiscal year end
Financials of CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
January 31, 2025990-PF$6,677,263$4,699,885$1,977,378$74,114,251$158,411$73,955,840
Financial details: 990-PF for the year ended January 31, 2025

Revenue

Dividends
$1,370,640
Interest
$212,585
Net rental income
$21,900
Net gain from sales of assets
$5,010,064
Other income
$62,074

Expenses

Grants and similar amounts paid
$3,938,325
Compensation of officers, directors and key employees
$141,250
Salaries, compensation and benefits (total)
$142,896
Disbursements for charitable purposes
$4,227,192
Excise tax on investment income
$86,888

Balance sheet and other

Total assets, start of year
$70,097,765
Total assets, end of year
$74,114,251
Total liabilities, end of year
$158,411
Net assets, end of year
$73,955,840
Fair market value of assets
$74,114,251
Qualifying distributions
$4,227,192
Net investment income
$6,619,307

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 January 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SANDRA PRILLAMAN
106 E Main STREET, MARTINSVILLE, VA 24112
EXECUTIVE DIRECTOR
Highest-paid employee
40$104,202
DOUGLAS T RAMSEY
106 E Main STREET, MARTINSVILLE, VA 24112
Vice President25$52,850
GEORGIA P COMPTON
106 E Main STREET, MARTINSVILLE, VA 24112
Treasurer/SECRE5$15,200
RYAN R HUTCHINSON
106 E Main STREET, MARTINSVILLE, VA 24112
President5$14,000
JOHN T FULCHER
106 E Main STREET, MARTINSVILLE, VA 24112
Trustee5$13,200
G PAUL FLETCHER
106 E Main STREET, MARTINSVILLE, VA 24112
Trustee5$12,438
MARTHA W MEDLEY
106 E Main STREET, MARTINSVILLE, VA 24112
Trustee5$11,562
BETTY B PIGG
106 E Main STREET, MARTINSVILLE, VA 24112
Trustee5$11,000
ANDREW H WAKEFIELD
106 E Main STREET, MARTINSVILLE, VA 24112
Trustee5$11,000

Address and contacts

Address (IRS master file)
PO BOX 431, MARTINSVILLE, VA 24114-0431
Signed the 990-PF
DOUGLAS T RAMSEY, Vice President
Phone
(276) 632-2229
Return prepared by
FOTI FLYNN LOWEN & CO 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 January, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025January 31, 2026June 15, 2026Not on file
2024January 31, 2025June 16, 2025990-PF on file
2023January 31, 2024June 17, 2024990-PF on file

IRS record

EIN
54-0490435
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
1943
Accounting year ends
January
Files
Form 990-PF
Category (NTEE)
Education (B12)
Assets (IRS master file)
$74,114,251
Income (IRS master file)
$23,943,532

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJanuary 2025–––IRS
990-PFJanuary 2024$2,542,830$4,241,655$70,097,765IRS
990-PFJanuary 2023–––IRS
990-PFJanuary 2022–––IRS
990-PFJanuary 2021–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED

What is the EIN of CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED?
The employer identification number (EIN) of CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED is 54-0490435.
Is CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1943.
Are donations to CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED file?
Form 990-PF. Private foundations file every year.
When is the next return of CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED due?
The return for tax year 2025 (the year ending January 31, 2026) is due June 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended January 2025.
Who are the officers and directors of CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED?
The 990-PF for the year ended January 31, 2025 lists 9 people; 9 received compensation from the organization, the highest $104,202 (SANDRA PRILLAMAN, EXECUTIVE DIRECTOR).
How much revenue does CHARLES B KEESEE EDUCATIONAL FUND INCORPORATED have?
On its 990-PF for the year ended January 31, 2025 it reported revenue of $6,677,263, expenses of $4,699,885 and total assets of $74,114,251 at year end.

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