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Nonprofit · EIN 54-1830546

PRAXIS FOUNDATION

Tax-exempt · CHARLOTTESVLE, VA 22902

Financials

$77K$97K2023$121K$154K2024
Revenue Expenses · by fiscal year end
Financials of PRAXIS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$121,034$153,628-$32,594$1,703,201$0$1,703,201
December 31, 2023990-PF$76,501$97,096-$20,595$1,670,432$1,000$1,669,432
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$88,058
Interest
$60
Net gain from sales of assets
$32,916

Expenses

Grants and similar amounts paid
$123,052
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$130,102
Excise tax on investment income
$1,356

Balance sheet and other

Total assets, start of year
$1,670,432
Total assets, end of year
$1,703,201
Total liabilities, end of year
$0
Net assets, end of year
$1,703,201
Fair market value of assets
$1,768,716
Qualifying distributions
$130,102
Net investment income
$121,034

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
JAMES B MURRAY JR
427 PARK STREET, CHARLOTTESVILLE, VA 22902
PRES./DIRECTOR3$0
BRUCE R MURRAY
427 PARK STREET, CHARLOTTESVILLE, VA 22902
SEC./DIRECTOR3$0
MEGHAN R MURRAY
427 PARK STREET, CHARLOTTESVILLE, VA 22902
DIRECTOR1$0
J BRADY MURRAY III
427 PARK STREET, CHARLOTTESVILLE, VA 22902
DIRECTOR1$0
KRISTEN BILLIES
427 PARK STREET, CHARLOTTESVILLE, VA 22902
TREASURER1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JAMES B MURRAY JR
427 PARK STREET, CHARLOTTESVILLE, VA 22902
PRES./DIRECTOR3$0
BRUCE R MURRAY
427 PARK STREET, CHARLOTTESVILLE, VA 22902
SEC./DIRECTOR3$0
MEGHAN R MURRAY
427 PARK STREET, CHARLOTTESVILLE, VA 22902
DIRECTOR1$0
J BRADY MURRAY III
427 PARK STREET, CHARLOTTESVILLE, VA 22902
DIRECTOR1$0
LAURA FIELDS
427 PARK STREET, CHARLOTTESVILLE, VA 22902
TREASURER1$0

Address and contacts

Address (IRS master file)
427 PARK ST, CHARLOTTESVLE, VA 22902-4737
Signed the 990-PF
JAMES B MURRAY JR, PRESIDENT
Phone
(434) 971-8080
Return prepared by
HANTZMON WIEBEL 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
54-1830546
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
Assets (IRS master file)
$1,703,201
Income (IRS master file)
$509,111

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$121,034$153,628$1,703,201XML
990-PFDecember 2023$76,501$97,096$1,670,432XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 54-1830546).

Questions about PRAXIS FOUNDATION

What is the EIN of PRAXIS FOUNDATION?
The employer identification number (EIN) of PRAXIS FOUNDATION is 54-1830546.
Is PRAXIS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to PRAXIS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PRAXIS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of PRAXIS 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 PRAXIS 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 PRAXIS FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does PRAXIS FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $121,034, expenses of $153,628 and total assets of $1,703,201 at year end.

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