Nonprofit · EIN 54-0920302
THOMAS P DUNCAN JR FOUNDATION
Tax-exempt · SALISBURY, MD 21801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $55,322 | $69,779 | -$14,457 | $806,951 | $148 | $806,803 |
| December 31, 2024 | 990-PF | $449,520 | $74,468 | $375,052 | $822,814 | $1,554 | $821,260 |
| December 31, 2023 | 990-PF | $56,263 | $67,390 | -$11,127 | $761,903 | $315,695 | $446,208 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $54,217
- Interest
- $16
- Net gain from sales of assets
- $1,089
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $33,718
- Excise tax on investment income
- $729
Balance sheet and other
- Total assets, start of year
- $822,814
- Total assets, end of year
- $806,951
- Total liabilities, end of year
- $148
- Net assets, end of year
- $806,803
- Fair market value of assets
- $3,884,494
- Qualifying distributions
- $503,465
- Net investment income
- $55,322
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK H RUTTER 5464 CHERRY HILL LANE, SALISBURY, MD 21801 | PRESIDENT | 0 | $0 |
| CHARLES M RUTTER IV 103 WENDY COURT, NEWPORT NEWS, VA 23601 | TRUSTEE | 0 | $0 |
| SUE W REDD 1047 STOVALL BLVD NE, ATLANTA, GA 30319 | TRUSTEE | 0 | $0 |
| THOMAS D RUTTER 306 BARRINGTON LANE, YORKTOWN, VA 23693 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK H RUTTER 5464 CHERRY HILL LANE, SALISBURY, MD 21801 | PRESIDENT | 0 | $0 |
| CHARLES M RUTTER IV 103 WENDY COURT, NEWPORT NEWS, VA 23601 | TRUSTEE | 0 | $0 |
| SUE W REDD 1047 STOVALL BLVD NE, ATLANTA, GA 30319 | TRUSTEE | 0 | $0 |
| THOMAS D RUTTER 306 BARRINGTON LANE, YORKTOWN, VA 23693 | TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK H RUTTER 5464 CHERRY HILL LANE, SALISBURY, MD 218012601 | PRESIDENT | 0 | $0 |
| CHARLES M RUTTER IV 103 WENDY COURT, NEWPORT NEWS, VA 23601 | TRUSTEE | 0 | $0 |
| SUE W REDD 1047 STOVALL BLVD NE, ATLANTA, GA 303191220 | TRUSTEE | 0 | $0 |
| THOMAS D RUTTER 306 BARRINGTON LANE, YORKTOWN, VA 236935625 | TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 5464 CHERRY HILL LN, SALISBURY, MD 21801-2601
- Signed the 990-PF
- MARK H RUTTER, PRESIDENT
- Phone
- (757) 532-5718
- Return prepared by
- PBMARES LLP
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 | 990-PF 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
- 54-0920302
- 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
- 1972
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $806,951
- Income (IRS master file)
- $55,322
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $55,322 | $69,779 | $806,951 | XML |
| 990-PF | December 2024 | $449,520 | $74,468 | $822,814 | IRS |
| 990-PF | December 2023 | $56,263 | $67,390 | $761,903 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 54-0920302).
Questions about THOMAS P DUNCAN JR FOUNDATION
- What is the EIN of THOMAS P DUNCAN JR FOUNDATION?
- The employer identification number (EIN) of THOMAS P DUNCAN JR FOUNDATION is 54-0920302.
- Is THOMAS P DUNCAN JR FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to THOMAS P DUNCAN JR FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THOMAS P DUNCAN JR FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THOMAS P DUNCAN JR FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THOMAS P DUNCAN JR FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of THOMAS P DUNCAN JR FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does THOMAS P DUNCAN JR FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $55,322, expenses of $69,779 and total assets of $806,951 at year end.
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