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Nonprofit · EIN 54-1739160

INDIAN PAINTBRUSH FOUNDATION

Tax-exempt · WASHINGTON, DC 20037

Financials

−$7.6M$121.8M2023$194.7M$114.8M2024
Revenue Expenses · by fiscal year end
Financials of INDIAN PAINTBRUSH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$194,689,431$114,831,748$79,857,683$1,942,801,649$97,932,874$1,844,868,775
December 31, 2023990-PF-$7,555,983$121,802,197-$129,358,180$2,111,626,309$187,049,089$1,924,577,220
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$12,414,677
Interest
$668,422
Net rental income
$255
Net gain from sales of assets
$186,159,369
Other income
-$4,553,292

Expenses

Grants and similar amounts paid
$102,926,459
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$103,079,686
Excise tax on investment income
$2,699,545

Balance sheet and other

Total assets, start of year
$2,111,626,309
Total assets, end of year
$1,942,801,649
Total liabilities, end of year
$97,932,874
Net assets, end of year
$1,844,868,775
Fair market value of assets
$1,942,801,649
Qualifying distributions
$103,079,686
Net investment income
$198,943,504

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.

NameTitleHours / weekCompensation
STEVEN M RALES
2200 PENN AVE NW 800W, WASHINGTON, DC 20037
CHAIRMAN/DIRECTOR/PRESIDENT1$0
JOSEPH O BUNTING III
2200 PENN AVE NW 800W, WASHINGTON, DC 20037
VICE PRESIDENT5$0
TERESA L C BALDWIN
2200 PENN AVE NW 800W, WASHINGTON, DC 20037
SECRETARY/TREASURER2$0
QUEENIE H CHUNG
2200 PENN AVE NW 800W, WASHINGTON, DC 20037
VICE PRESIDENT5$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
STEVEN M RALES
2200 PENN AVE NW 800W, WASHINGTON, DC 20037
CHAIRMAN/DIRECTOR/PRESIDENT1$0
JOSEPH O BUNTING III
2200 PENN AVE NW 800W, WASHINGTON, DC 20037
VICE PRESIDENT5$0
TERESA L C BALDWIN
2200 PENN AVE NW 800W, WASHINGTON, DC 20037
SECRETARY/TREASURER5$0
QUEENIE H CHUNG
2200 PENN AVE NW 800W, WASHINGTON, DC 20037
VICE PRESIDENT5$0

Address and contacts

Address (IRS master file)
2200 PENN AVE NW 800W, WASHINGTON, DC 20037-1731
In care of
% JOSEPH O BUNTING III
Signed the 990-PF
QUEENIE H CHUNG, VICE PRESIDENT
Phone
(202) 419-7606
Return prepared by
PWC US TAX 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
54-1739160
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
1995
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B82I)
Assets (IRS master file)
$1,942,801,649
Income (IRS master file)
$201,736,838

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$194,689,431$114,831,748$1,942,801,649XML
990-TDecember 2024–––IRS
990-PFDecember 2023-$7,555,983$121,802,197$2,111,626,309XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 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 54-1739160).

Questions about INDIAN PAINTBRUSH FOUNDATION

What is the EIN of INDIAN PAINTBRUSH FOUNDATION?
The employer identification number (EIN) of INDIAN PAINTBRUSH FOUNDATION is 54-1739160.
Is INDIAN PAINTBRUSH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to INDIAN PAINTBRUSH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does INDIAN PAINTBRUSH FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of INDIAN PAINTBRUSH 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 INDIAN PAINTBRUSH 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 INDIAN PAINTBRUSH FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does INDIAN PAINTBRUSH FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $194,689,431, expenses of $114,831,748 and total assets of $1,942,801,649 at year end.

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