Nonprofit · EIN 54-2135984
CAROL ANN AND RALPH V HAILE JR FOUNDATION
Tax-exempt · COVINGTON, KY 41011
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $4,760,971 | $15,273,929 | -$10,512,958 | $283,226,600 | $0 | $283,226,600 |
| December 31, 2023 | 990-PF | $1,725,731 | $14,757,879 | -$13,032,148 | $276,171,000 | $0 | $276,171,000 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $3,459,894
- Net gain from sales of assets
- $1,301,077
Expenses
- Grants and similar amounts paid
- $11,794,000
- Compensation of officers, directors and key employees
- $873,498
- Salaries, compensation and benefits (total)
- $545,521
- Disbursements for charitable purposes
- $13,869,533
- Excise tax on investment income
- $89,301
Balance sheet and other
- Total assets, start of year
- $276,171,000
- Total assets, end of year
- $283,226,600
- Total liabilities, end of year
- $0
- Net assets, end of year
- $283,226,600
- Fair market value of assets
- $283,226,600
- Qualifying distributions
- $13,869,533
- Net investment income
- $9,037,903
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 | Other / benefits |
|---|---|---|---|---|
| BERNARD MCKAY 2060 READING ROAD SUITE 250, CINCINNATI, OH 45202 | PRESIDENT AND CEO | 40 | $545,311 | $20,700 |
| CHRISTINE BOCHENEK 2060 READING ROAD SUITE 250, CINCINNATI, OH 45202 | VICE PRESIDENT | 40 | $195,716 | $12,725 |
| KRISTEN MACDOUGAL 2060 READING ROAD SUITE 250, CINCINNATI, OH 45202 | PROGRAM MANAGER Highest-paid employee | 40 | $156,385 | $9,383 |
| CULLEN CALCAGNO 2060 READING ROAD SUITE 250, CINCINNATI, OH 45202 | PROGRAM MANAGER Highest-paid employee | 40 | $149,426 | $9,383 |
| JOHN YUNG 2060 READING ROAD SUITE 250, CINCINNATI, OH 45202 | PROGRAM MANAGER Highest-paid employee | 40 | $141,862 | $8,763 |
| JASON POMPILIO 2060 READING ROAD SUITE 250, CINCINNATI, OH 45202 | PROGRAM MANAGER Highest-paid employee | 40 | $62,846 | $4,708 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BERNARD MCKAY 2060 READING ROAD SUITE 250, CINCINNATI, OH 45202 | PRESIDENT AND CEO | 40 | $417,440 | $19,800 |
| CHRISTINE BOCHENEK 2060 READING ROAD SUITE 250, CINCINNATI, OH 45202 | VICE PRESIDENT | 40 | $192,998 | $12,443 |
| KRISTEN MACDOUGAL 2060 READING ROAD SUITE 250, CINCINNATI, OH 45202 | PROGRAM MANAGER Highest-paid employee | 40 | $98,509 | $5,902 |
| CULLEN CALCAGNO 2060 READING ROAD SUITE 250, CINCINNATI, OH 45202 | PROGRAM MANAGER Highest-paid employee | 40 | $86,999 | $5,401 |
Address and contacts
- Address (IRS master file)
- 608 MADISON AVE STE 200, COVINGTON, KY 41011-0000
- Signed the 990-PF
- BERNARD MCKAY, PRESIDENT & CEO
- Phone
- (513) 632-4385
- Return prepared by
- CLARK SCHAEFER HACKETT & CO
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
- 54-2135984
- 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
- 2004
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $283,226,600
- Income (IRS master file)
- $28,562,668
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $4,760,971 | $15,273,929 | $283,226,600 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $1,725,731 | $14,757,879 | $276,171,000 | 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-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 54-2135984).
Questions about CAROL ANN AND RALPH V HAILE JR FOUNDATION
- What is the EIN of CAROL ANN AND RALPH V HAILE JR FOUNDATION?
- The employer identification number (EIN) of CAROL ANN AND RALPH V HAILE JR FOUNDATION is 54-2135984.
- Is CAROL ANN AND RALPH V HAILE JR FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to CAROL ANN AND RALPH V HAILE JR FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CAROL ANN AND RALPH V HAILE JR FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CAROL ANN AND RALPH V HAILE JR 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 CAROL ANN AND RALPH V HAILE JR 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 CAROL ANN AND RALPH V HAILE JR FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 6 people; 6 received compensation from the organization, the highest $545,311 (BERNARD MCKAY, PRESIDENT AND CEO).
- How much revenue does CAROL ANN AND RALPH V HAILE JR FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,760,971, expenses of $15,273,929 and total assets of $283,226,600 at year end.
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