Skip to main content

Nonprofit · EIN 56-2089597

GORRELL FAMILY FOUNDATION INC

Tax-exempt · GREENSBORO, NC 27408

Financials

$184K$365K2023$315K$317K2024$479K$392K2025
Revenue Expenses · by fiscal year end
Financials of GORRELL FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$479,101$391,726$87,375$4,093,796$0$4,093,796
December 31, 2024990-PF$314,541$316,915-$2,374$4,006,421$0$4,006,421
December 31, 2023990-PF$184,469$364,870-$180,401$4,008,795$0$4,008,795
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$308,208
Net gain from sales of assets
$170,893

Expenses

Grants and similar amounts paid
$312,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$312,000
Excise tax on investment income
$6,660

Balance sheet and other

Total assets, start of year
$4,006,421
Total assets, end of year
$4,093,796
Total liabilities, end of year
$0
Net assets, end of year
$4,093,796
Fair market value of assets
$7,508,819
Qualifying distributions
$312,000
Net investment income
$479,101

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
ROBERT CRATCH
307 N TREMONT DRIVE, GREENSBORO, NC 27403
PRESIDENT0$0
MARY GORRELL JONES
1812 NOTTINGHAM ROAD, GREENSBORO, NC 27408
TREASURER0$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
ROBERT CRATCH
307 N TREMONT DRIVE, GREENSBORO, NC 27403
PRESIDENT0$0
MARY GORRELL JONES
1812 NOTTINGHAM ROAD, GREENSBORO, NC 27408
TREASURER0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
ROBERT CRATCH
307 N TREMONT DRIVE, GREENSBORO, NC 27403
PRESIDENT0$0
MARY GORRELL JONES
1812 NOTTINGHAM ROAD, GREENSBORO, NC 27408
TREASURER0$0

Address and contacts

Address (IRS master file)
1812 NOTTINGHAM RD, GREENSBORO, NC 27408-5613
In care of
% SALLY KURATNICK
Signed the 990-PF
ROBERT CRATCH, PRESIDENT
Phone
(336) 574-1314
Return prepared by
DMJPS PLLC

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
56-2089597
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
1998
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$4,093,796
Income (IRS master file)
$479,101

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$479,101$391,726$4,093,796IRS
990-PFDecember 2024$314,541$316,915$4,006,421XML
990-PFDecember 2023$184,469$364,870$4,008,795XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 56-2089597).

Questions about GORRELL FAMILY FOUNDATION INC

What is the EIN of GORRELL FAMILY FOUNDATION INC?
The employer identification number (EIN) of GORRELL FAMILY FOUNDATION INC is 56-2089597.
Is GORRELL FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to GORRELL FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GORRELL FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of GORRELL FAMILY 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 GORRELL FAMILY 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 GORRELL FAMILY 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 GORRELL FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $479,101, expenses of $391,726 and total assets of $4,093,796 at year end.

Other nonprofits in GREENSBORO

All nonprofits in GREENSBORO · North Carolina · Philanthropy, voluntarism and grantmaking foundations