Nonprofit · EIN 56-2274002
MCRAE FOUNDATION
Tax-exempt · KINSTON, NC 28502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $2,038 | $6,344 | -$4,306 | $109,645 | $0 | $109,645 |
| December 31, 2024 | 990-PF | $3,028 | $6,579 | -$3,551 | $113,951 | $0 | $113,951 |
| December 31, 2023 | 990-PF | $3,088 | $6,818 | -$3,730 | $117,502 | $0 | $117,502 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Interest
- $2,038
Expenses
- Grants and similar amounts paid
- $5,625
- Disbursements for charitable purposes
- $5,625
- Excise tax on investment income
- $18
Balance sheet and other
- Total assets, start of year
- $113,951
- Total assets, end of year
- $109,645
- Total liabilities, end of year
- $0
- Net assets, end of year
- $109,645
- Fair market value of assets
- $109,645
- Qualifying distributions
- $5,625
- Net investment income
- $2,038
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAMERON W MCRAE 104 ROSEWOOD COURT, SNOW HILL, NC 28580 | PRES./DIRECT | 0 | $0 |
| SALLY S MCRAE 104 ROSEWOOD COURT, SNOW HILL, NC 28580 | DIRECTOR | 0 | $0 |
| SCOTT MCRAE 1203 WEST ROAD, KINSTON, NC 28501 | VICE PRES | 0 | $0 |
| DONNA RODWELL 390 SMITH-GRADY ROAD, SEVEN SPRINGS, NC 28578 | SECRETARY | 0 | $0 |
| KATHERINE A MCRAE 71 ROSEWOOD COURT, SNOW HILL, NC 28580 | VICE PRES. | 0 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAMERON W MCRAE 1602 GREENBRIAR ROAD, KINSTON, NC 28504 | PRES./DIRECT | 0 | $0 |
| SALLY S MCRAE 1602 GREENBRIAR ROAD, KINSTON, NC 28504 | DIRECTOR | 0 | $0 |
| SCOTT MCRAE 1212 MEADOWOOD DRIVE, KINSTON, NC 285012140 | VICE PRES | 0 | $0 |
| DONNA RODWELL 390 SMITH-GRADY ROAD, SEVEN SPRINGS, NC 28578 | SECRETARY | 0 | $0 |
| KATHERINE A MCRAE 71 ROSEWOOD COURT, SNOW HILL, NC 28580 | VICE PRES. | 0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAMERON W MCRAE 1602 GREENBRIAR ROAD, KINSTON, NC 28504 | PRES./DIRECT | 0 | $0 |
| SALLY S MCRAE 1602 GREENBRIAR ROAD, KINSTON, NC 28504 | DIRECTOR | 0 | $0 |
| SCOTT MCRAE 1212 MEADOWOOD DRIVE, KINSTON, NC 285012140 | VICE PRES | 0 | $0 |
| DONNA RODWELL 390 SMITH-GRADY ROAD, SEVEN SPRINGS, NC 28578 | SECRETARY | 0 | $0 |
| KATHERINE A RAMSEY 71 ROSEWOOD COURT, SNOW HILL, NC 28580 | VICE PRES. | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 704, KINSTON, NC 28502-0704
- Signed the 990-PF
- CAMERON W MCRAE, PRES./DIRECT
- Phone
- (252) 522-0191
- Return prepared by
- PAGE & SMITH PA
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 | 990-PF 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
- 56-2274002
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $109,645
- Income (IRS master file)
- $2,038
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $2,038 | $6,344 | $109,645 | XML |
| 990-PF | December 2024 | $3,028 | $6,579 | $113,951 | XML |
| 990-PF | December 2023 | $3,088 | $6,818 | $117,502 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 56-2274002).
Questions about MCRAE FOUNDATION
- What is the EIN of MCRAE FOUNDATION?
- The employer identification number (EIN) of MCRAE FOUNDATION is 56-2274002.
- Is MCRAE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to MCRAE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MCRAE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MCRAE FOUNDATION 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 MCRAE FOUNDATION 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 MCRAE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does MCRAE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,038, expenses of $6,344 and total assets of $109,645 at year end.
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All nonprofits in KINSTON · North Carolina · Philanthropy, voluntarism and grantmaking foundations