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Nonprofit · EIN 56-2205579

MICHAEL AND LAURA BRADER-ARAJE FOUNDATION

Tax-exempt · CHAPEL HILL, NC 27514

Financials

$223K$392K2023$153K$449K2024
Revenue Expenses · by fiscal year end
Financials of MICHAEL AND LAURA BRADER-ARAJE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$153,066$448,651-$295,585$5,329,030$24,434$5,304,596
December 31, 2023990-PF$222,567$391,581-$169,014$5,601,206$1,025$5,600,181
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$150,878
Interest
$17
Net gain from sales of assets
$16,664
Other income
-$14,493

Expenses

Grants and similar amounts paid
$249,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$81,500
Disbursements for charitable purposes
$352,028
Excise tax on investment income
$271

Balance sheet and other

Total assets, start of year
$5,601,206
Total assets, end of year
$5,329,030
Total liabilities, end of year
$24,434
Net assets, end of year
$5,304,596
Fair market value of assets
$7,926,499
Qualifying distributions
$352,028
Net investment income
$93,803

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.

NameTitleHours / weekCompensationOther / benefits
BRIAN PITTMAN
4006 STONEYCREEK ROAD, CHAPEL HILL, NC 27514
FINANCIAL DIRECTOR
Highest-paid employee
30$54,000$2,160
MICHAEL BRADER-ARAJE
109 E FRANKLIN STREET SUITE 200, CHAPEL HILL, NC 27514
PRESIDENT/SECRETARY5$0$0
LAURA BRADER-ARAJE
109 E FRANKLIN STREET SUITE 200, CHAPEL HILL, NC 27514
VICE PRESIDENT/TREASURER2$0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationOther / benefits
BRIAN PITTMAN
4006 STONEYCREEK ROAD, CHAPEL HILL, NC 27514
FINANCIAL DIRECTOR
Highest-paid employee
30$51,000$2,040
MICHAEL BRADER-ARAJE
109 E FRANKLIN STREET SUITE 200, CHAPEL HILL, NC 27514
PRESIDENT/SECRETARY5$0$0
LAURA BRADER-ARAJE
109 E FRANKLIN STREET SUITE 200, CHAPEL HILL, NC 27514
VICE PRESIDENT/TREASURER2$0$0

Address and contacts

Address (IRS master file)
109 E FRANKLIN ST STE 200, CHAPEL HILL, NC 27514-3564
In care of
% MICHAEL BRADER-ARAJE
Signed the 990-PF
MICHAEL BRADER-ARAJE, PRESIDENT
Phone
(919) 433-3700
Return prepared by
CITRIN COOPERMAN ADVISORS LLC

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
56-2205579
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
Assets (IRS master file)
$5,329,030
Income (IRS master file)
$969,190

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$153,066$448,651$5,329,030XML
990-TDecember 2024–––IRS
990-PFDecember 2023$222,567$391,581$5,601,206XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 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 56-2205579).

Questions about MICHAEL AND LAURA BRADER-ARAJE FOUNDATION

What is the EIN of MICHAEL AND LAURA BRADER-ARAJE FOUNDATION?
The employer identification number (EIN) of MICHAEL AND LAURA BRADER-ARAJE FOUNDATION is 56-2205579.
Is MICHAEL AND LAURA BRADER-ARAJE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to MICHAEL AND LAURA BRADER-ARAJE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MICHAEL AND LAURA BRADER-ARAJE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MICHAEL AND LAURA BRADER-ARAJE 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 MICHAEL AND LAURA BRADER-ARAJE 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 MICHAEL AND LAURA BRADER-ARAJE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $54,000 (BRIAN PITTMAN, FINANCIAL DIRECTOR).
How much revenue does MICHAEL AND LAURA BRADER-ARAJE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $153,066, expenses of $448,651 and total assets of $5,329,030 at year end.

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