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Nonprofit · EIN 54-2062181

CHESTNUT STREET FOUNDATION INC

Tax-exempt · LEESBURG, VA 20175

Financials

$16K$27K2023$24K$40K2024$27K$58K2025
Revenue Expenses · by fiscal year end
Financials of CHESTNUT STREET FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$27,325$57,962-$30,637$140,347$0$140,347
December 31, 2024990-PF$24,096$40,444-$16,348$170,933$0$170,933
December 31, 2023990-PF$15,605$27,226-$11,621$187,230$0$187,230
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$4,697
Net gain from sales of assets
$22,628

Expenses

Grants and similar amounts paid
$55,500
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Disbursements for charitable purposes
$55,500
Excise tax on investment income
$346

Balance sheet and other

Total assets, start of year
$170,933
Total assets, end of year
$140,347
Total liabilities, end of year
$0
Net assets, end of year
$140,347
Fair market value of assets
$242,084
Qualifying distributions
$55,500
Net investment income
$27,325

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.

NameTitleHours / weekCompensation
Michael E Liddick
104 Morven Park RD SW, Leesburg, VA 20175
Pres.2$0
Kathleen R Liddick
104 Morven Park RD SW, Leesburg, VA 20175
VP1$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
Michael E Liddick
104 Morven Park RD SW, Leesburg, VA 20175
Pres.2$0
Kathleen R Liddick
104 Morven Park RD SW, Leesburg, VA 20175
VP1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Michael Liddick
104 Morven Park RD SW, Leesburg, VA 20175
Pres.2$0
Kathleen Liddick
104 Morven Park RD SW, Leesburg, VA 20175
V.P.1$0

Address and contacts

Address (IRS master file)
104 MORVEN PARK RD SW, LEESBURG, VA 20175-2604
In care of
% MICHAEL LIDDICK
Signed the 990-PF
Michael E Liddicxk, President
Phone
(703) 431-1456

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
54-2062181
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
2002
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$140,347
Income (IRS master file)
$48,121

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$27,325$57,962$140,347XML
990-PFDecember 2024$24,096$40,444$170,933XML
990-PFDecember 2023$15,605$27,226$187,230XML
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 54-2062181).

Questions about CHESTNUT STREET FOUNDATION INC

What is the EIN of CHESTNUT STREET FOUNDATION INC?
The employer identification number (EIN) of CHESTNUT STREET FOUNDATION INC is 54-2062181.
Is CHESTNUT STREET FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to CHESTNUT STREET FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CHESTNUT STREET FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of CHESTNUT STREET FOUNDATION INC 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 CHESTNUT STREET FOUNDATION INC 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 CHESTNUT STREET FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does CHESTNUT STREET FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $27,325, expenses of $57,962 and total assets of $140,347 at year end.

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