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Nonprofit · EIN 56-1503261

W C AND STELLA B HENNESSEE FOUNDATION INC

Tax-exempt · CULLOWHEE, NC 28723

Financials

$17K$49K2023$26K$47K2024
Revenue Expenses · by fiscal year end
Financials of W C AND STELLA B HENNESSEE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2025990-PF$25,739$46,758-$21,019$607,399$0$607,399
February 28, 2024990-PF$17,310$48,875-$31,565$628,418$0$628,418
Financial details: 990-PF for the year ended February 28, 2025

Revenue

Dividends
$22,766
Net gain from sales of assets
$2,973

Expenses

Grants and similar amounts paid
$38,000
Disbursements for charitable purposes
$38,000

Balance sheet and other

Total assets, start of year
$628,418
Total assets, end of year
$607,399
Total liabilities, end of year
$0
Net assets, end of year
$607,399
Fair market value of assets
$607,399
Qualifying distributions
$38,000
Net investment income
$6,996

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 February 28, 2025, highest compensation first.

NameTitleHours / weekCompensation
Jack M Hennessee Jr
780 Cherry Cove Rd, Cullowhee, NC 28723
President1$0
990-PF for the year ended February 28, 2024: 1 people
NameTitleHours / weekCompensation
Jack M Hennessee Jr
780 Cherry Cove Rd, Cullowhee, NC 28723
President1$0

Address and contacts

Address (IRS master file)
780 CHERRY COVE RD, CULLOWHEE, NC 28723-9735
In care of
% WACHOVIA BANK NA
Signed the 990-PF
Jack Hennessee Jr, President
Phone
(800) 352-3705
Return prepared by
Forvis Mazars 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 February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026Not on file
2024February 28, 2025July 15, 2025990-PF on file
2023February 29, 2024July 15, 2024990-PF on file

IRS record

EIN
56-1503261
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
February
Files
Form 990-PF
Assets (IRS master file)
$607,399
Income (IRS master file)
$22,766

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFFebruary 2025$25,739$46,758$607,399XML
990-PFFebruary 2024$17,310$48,875$628,418IRS
990-PFFebruary 2023–––IRS
990-PFFebruary 2022–––IRS
990-PFFebruary 2021–––IRS
990-PFFebruary 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 56-1503261).

Questions about W C AND STELLA B HENNESSEE FOUNDATION INC

What is the EIN of W C AND STELLA B HENNESSEE FOUNDATION INC?
The employer identification number (EIN) of W C AND STELLA B HENNESSEE FOUNDATION INC is 56-1503261.
Is W C AND STELLA B HENNESSEE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to W C AND STELLA B HENNESSEE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does W C AND STELLA B HENNESSEE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of W C AND STELLA B HENNESSEE FOUNDATION INC due?
The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did W C AND STELLA B HENNESSEE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended February 2025.
Who are the officers and directors of W C AND STELLA B HENNESSEE FOUNDATION INC?
The 990-PF for the year ended February 28, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does W C AND STELLA B HENNESSEE FOUNDATION INC have?
On its 990-PF for the year ended February 28, 2025 it reported revenue of $25,739, expenses of $46,758 and total assets of $607,399 at year end.

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