Nonprofit · EIN 56-2156876
EDWARD M ARMFIELD SR FOUNDATION INC
Tax-exempt · GREENSBORO, NC 27408
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $6,809,951 | $3,756,504 | $3,053,447 | $46,433,925 | $4,381,752 | $42,052,173 |
| December 31, 2023 | 990-PF | $2,592,654 | -$1,722,988 | $4,315,642 | $53,543,121 | $13,696,287 | $39,846,834 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,771,694
- Interest
- $57,809
- Net gain from sales of assets
- $4,666,542
- Other income
- $313,906
Expenses
- Grants and similar amounts paid
- $3,067,322
- Compensation of officers, directors and key employees
- $181,721
- Salaries, compensation and benefits (total)
- $91,300
- Disbursements for charitable purposes
- $2,674,938
- Excise tax on investment income
- $90,163
Balance sheet and other
- Total assets, start of year
- $53,543,121
- Total assets, end of year
- $46,433,925
- Total liabilities, end of year
- $4,381,752
- Net assets, end of year
- $42,052,173
- Fair market value of assets
- $46,433,925
- Qualifying distributions
- $2,674,938
- Net investment income
- $6,840,042
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 |
|---|---|---|---|---|
| MELINDA W OAKLEY 1911 LAFAYETTE AVE, GREENSBORO, NC 27408 | OFFICER | 40 | $147,302 | $4,419 |
| DIANA HEDGSPETH 324 W WENDOVER AVE - STE 130, GREENSBORO, NC 27408 | OFFICE MGR Highest-paid employee | 40 | $91,300 | $2,739 |
| ADAIR P ARMFIELD 1504 EDGEDALE ROAD, GREENSBORO, NC 27408 | DIRECTOR | 2 | $6,000 | $0 |
| PHIFER CRUTE 5528 LINDA ROSA AVE, LAJOLLA, CA 92037 | DIRECTOR | 2 | $6,000 | $0 |
| JAMES C B HANCOCK 177 BLEECKER ST 12, NEW YORK, NY 10012 | DIRECTOR | 2 | $6,000 | $0 |
| R DAVID SPRINKLE 3017 VERBENA LN, GREENSBORO, NC 27410 | DIRECTOR | 2 | $6,000 | $0 |
| LAURA ARMFIELD CANNON 101 MANNING DRIVE, CHAPEL HILL, NC 27514 | DIRECTOR | 2 | $6,000 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELINDA W OAKLEY 1911 LAFAYETTE AVE, GREENSBORO, NC 27408 | OFFICER | 40 | $144,413 | $5,787 |
| DIANA HEDGSPETH 324 W WENDOVER AVE - STE 130, GREENSBORO, NC 27408 | OFFICE MGR Highest-paid employee | 40 | $89,509 | $3,570 |
| ADAIR P ARMFIELD 1504 EDGEDALE ROAD, GREENSBORO, NC 27408 | DIRECTOR | 2 | $4,000 | $0 |
| PHIFER CRUTE 5528 LINDA ROSA AVE, LAJOLLA, CA 92037 | DIRECTOR | 2 | $4,000 | $0 |
| JAMES C B HANCOCK 177 BLEECKER ST 12, NEW YORK, NY 10012 | DIRECTOR | 2 | $4,000 | $0 |
| R DAVID SPRINKLE 3017 VERBENA LN, GREENSBORO, NC 27410 | DIRECTOR | 2 | $4,000 | $0 |
| LAURA ARMFIELD CANNON 101 MANNING DRIVE, CHAPEL HILL, NC 27514 | DIRECTOR | 2 | $4,000 | $0 |
Address and contacts
- Address (IRS master file)
- 324 W WENDOVER AVE STE 130, GREENSBORO, NC 27408-8438
- In care of
- % STEVE A JOYCE
- Signed the 990-PF
- MELINDA OAKLEY, OFFICER
- Phone
- (336) 273-7519
- 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 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
- 56-2156876
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $46,433,925
- Income (IRS master file)
- $14,084,168
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $6,809,951 | $3,756,504 | $46,433,925 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $2,592,654 | -$1,722,988 | $53,543,121 | 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 56-2156876).
Questions about EDWARD M ARMFIELD SR FOUNDATION INC
- What is the EIN of EDWARD M ARMFIELD SR FOUNDATION INC?
- The employer identification number (EIN) of EDWARD M ARMFIELD SR FOUNDATION INC is 56-2156876.
- Is EDWARD M ARMFIELD SR FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to EDWARD M ARMFIELD SR FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does EDWARD M ARMFIELD SR FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of EDWARD M ARMFIELD SR FOUNDATION INC 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 EDWARD M ARMFIELD SR FOUNDATION INC 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 EDWARD M ARMFIELD SR FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 7 received compensation from the organization, the highest $147,302 (MELINDA W OAKLEY, OFFICER).
- How much revenue does EDWARD M ARMFIELD SR FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $6,809,951, expenses of $3,756,504 and total assets of $46,433,925 at year end.
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All nonprofits in GREENSBORO · North Carolina · Philanthropy, voluntarism and grantmaking foundations