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Nonprofit · EIN 56-2537578

IVY FOUNDATION INC

Tax-exempt · BRADENTON, FL 34206

Financials

$30K$35K2024$36K$39K2025
Revenue Expenses · by fiscal year end
Financials of IVY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$35,569$39,482-$3,913$35,052$0$35,052
December 31, 2024990-EZ$29,854$35,148-$5,294$52,565$13,600$38,965
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$8,002
Membership dues
$17,000
Net income from fundraising events
$9,681
Other revenue
$886

Expenses

Grants and similar amounts paid
$33,148
Compensation of officers, directors and key employees
$0
Occupancy
$2,053
Printing, publications and postage
$306
Other expenses
$3,975

Balance sheet and other

Total assets, start of year
$52,565
Total assets, end of year
$35,052
Total liabilities, end of year
$0
Net assets, end of year
$35,052
Cash, savings and investments
$32,917
Gross receipts
$42,071

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
LINDA CARNESMEMBER AT LARGE5$0
DENISE KEELINGRECORDING SECRETARY10$0
LATANYA EDWARDSPRESIDENT10$0
MONIQUE TOLERTREASURER10$0
SANDRA DIPENTIMAVICE PRESIDENT10$0
SHARON MCCOY KNOXFINANCIAL SECRETARY5$0
JACQUELINE JONESASST TREASURER5$0
990-EZ for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
LINDA CARNESMEMBER AT LARGE5$0
DENISE KEELINGRECORDING SECRETARY10$0
LATANYA EDWARDSPRESIDENT10$0
MONIQUE TOLERTREASURER10$0
SANDRA DIPENTIMAVICE PRESIDENT10$0
SHARON MCCOY KNOXFINANCIAL SECRETARY5$0
JACQUELINE JONESASST TREASURER5$0

Address and contacts

Address (IRS master file)
PO BOX 9484, BRADENTON, FL 34206-9484
In care of
% MONIQUE TOLER
Signed the 990-EZ
MONIQUE TOLER, TREASURER
Return prepared by
Francina M Hollaway CPA LLC

Mission

PROVIDE SCHOLARSHIPS AND SERVE COMMUNITY

990-EZ for the year ended December 31, 2025

Program accomplishments

  • FUNDED SCHOLARSHIPS TO DESERVING SENIORS FROM SARASOTA ANDMANATEE COUNTIES INCREASED FNANCIAL CONTRIBUTIONS AND AWARENESS TO AND FOR HBCUS
    grants $15,000
  • EMPOWER OUR FAMILIES
    grants $10,501
  • ENHANCING OUR COMMUNITY, ADVOCATE FOR SOCIAL JUSTICE AND UPLIFT OUR COMMUNITY
    grants $6,088
  • Other program services
    grants $1,562

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
56-2537578
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$35,052
Income (IRS master file)
$42,071

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$35,569$39,482$35,052XML
990-EZDecember 2024$29,854$35,148$52,565XML
990-EZDecember 2023$9,866$30,225$50,859IRS
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 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 56-2537578).

Questions about IVY FOUNDATION INC

What is the EIN of IVY FOUNDATION INC?
The employer identification number (EIN) of IVY FOUNDATION INC is 56-2537578.
Is IVY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to IVY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IVY FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of IVY 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 IVY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of IVY FOUNDATION INC?
The 990-EZ for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does IVY FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $35,569, expenses of $39,482 and total assets of $35,052 at year end.

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