Nonprofit · EIN 54-1393561
ANNE & GENE WORRELL FOUNDATION
Tax-exempt · CHARLOTTESVLE, VA 22902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $23,729,261 | $13,014,074 | $10,715,187 | $189,865,505 | $0 | $189,865,505 |
| December 31, 2023 | 990-PF | $151,573,944 | $9,809,438 | $141,764,506 | $179,150,318 | $0 | $179,150,318 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $9,300,796
- Dividends
- $5,633,856
- Interest
- $55,014
- Net gain from sales of assets
- $5,617,067
- Other income
- $3,122,528
Expenses
- Grants and similar amounts paid
- $8,532,563
- Compensation of officers, directors and key employees
- $153,000
- Salaries, compensation and benefits (total)
- $342,350
- Disbursements for charitable purposes
- $8,983,486
- Excise tax on investment income
- $152,262
Balance sheet and other
- Total assets, start of year
- $179,150,318
- Total assets, end of year
- $189,865,505
- Total liabilities, end of year
- $0
- Net assets, end of year
- $189,865,505
- Fair market value of assets
- $213,808,427
- Qualifying distributions
- $8,983,486
- Net investment income
- $14,456,042
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 |
|---|---|---|---|
| HOLLY HATCHER 120 S GARRETT STREET SUITE 101, CHARLOTTESVILLE, VA 22902 | PRESIDENT & CEO Highest-paid employee | 40 | $228,750 |
| DANIEL GRIZZARD 120 S GARRETT STREET SUITE 101, CHARLOTTESVILLE, VA 22902 | RESOURCE & RELATIONS Highest-paid employee | 40 | $85,000 |
| A SHANNON WORRELL 120 S GARRETT STREET SUITE 101, CHARLOTTESVILLE, VA 22902 | VICE CHAIR | 5 | $25,000 |
| PHILIP C STONE 120 S GARRETT STREET SUITE 101, CHARLOTTESVILLE, VA 22902 | CHAIR | 4 | $25,000 |
| THOMAS S WORD JR 120 S GARRETT STREET SUITE 101, CHARLOTTESVILLE, VA 22902 | DIRECTOR | 3 | $24,000 |
| THOMAS E WORRELL III 120 S GARRETT STREET SUITE 101, CHARLOTTESVILLE, VA 22902 | DIRECTOR | 2 | $20,000 |
| MEGHAN MURRAY 120 S GARRETT STREET SUITE 101, CHARLOTTESVILLE, VA 22902 | DIRECTOR | 2.5 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOLLY HATCHER PO BOX 5386, CHARLOTTESVILLE, VA 22905 | PRESIDENT & CEO Highest-paid employee | 40 | $193,990 |
| A SHANNON WORRELL P O BOX 5386, CHARLOTTESVILLE, VA 22905 | SECRETARY | 8 | $30,000 |
| PHILIP C STONE P O BOX 5386, CHARLOTTESVILLE, VA 22905 | CHAIR | 3 | $27,000 |
| THOMAS S WORD JR P O BOX 5386, CHARLOTTESVILLE, VA 22905 | DIRECTOR | 3 | $23,000 |
| THOMAS E WORRELL III PO BOX 5386, CHARLOTTESVILLE, VA 22905 | DIRECTOR | 2 | $23,000 |
| ANDREW J DRACOPOLI P O BOX 5386, CHARLOTTESVILLE, VA 22905 | TREASURER | 12 | $20,000 |
| MEGHAN MURRAY PO BOX 5386, CHARLOTTESVILLE, VA 22905 | DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 120 GARRETT ST, CHARLOTTESVLE, VA 22902-5613
- Signed the 990-PF
- HOLLY HATCHER, PRESIDENT & CEO
- Phone
- (434) 218-4130
- Website
- WWW.AGWORRELLFOUNDATION.ORG
- 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
- 54-1393561
- 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
- 1987
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $189,865,505
- Income (IRS master file)
- $18,112,194
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $23,729,261 | $13,014,074 | $189,865,505 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $151,573,944 | $9,809,438 | $179,150,318 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | 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 54-1393561).
Questions about ANNE & GENE WORRELL FOUNDATION
- What is the EIN of ANNE & GENE WORRELL FOUNDATION?
- The employer identification number (EIN) of ANNE & GENE WORRELL FOUNDATION is 54-1393561.
- Is ANNE & GENE WORRELL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to ANNE & GENE WORRELL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ANNE & GENE WORRELL FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ANNE & GENE WORRELL FOUNDATION 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 ANNE & GENE WORRELL FOUNDATION 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 ANNE & GENE WORRELL FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 6 received compensation from the organization, the highest $228,750 (HOLLY HATCHER, PRESIDENT & CEO).
- How much revenue does ANNE & GENE WORRELL FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $23,729,261, expenses of $13,014,074 and total assets of $189,865,505 at year end.
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