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Nonprofit · EIN 56-6045235

RALEIGH KIWANIS FOUNDATION INC

Tax-exempt · RALEIGH, NC 27602

Financials

$71K$50K2023$136K$46K2024
Revenue Expenses · by fiscal year end
Financials of RALEIGH KIWANIS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$135,939$46,010$89,929$1,095,763$0$1,095,763
December 31, 2023990$71,014$50,087$20,927$1,018,073$0$1,018,073
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$27,870
Program service revenue
$0
Investment income
$102,248
Net gain from sales of assets
$74,553
Net income from fundraising events
$4,478
Other revenue
$5,821

Expenses

Grants and similar amounts paid
$40,870
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$40,870
Management and general (functional)
$5,140

Balance sheet and other

Total assets, start of year
$1,018,073
Total assets, end of year
$1,095,763
Total liabilities, end of year
$0
Net assets, end of year
$1,095,763
Publicly traded securities
$1,040,939
Net assets without donor restrictions
$1,095,763
Gross receipts
$231,883
Employees
0
Volunteers
25
Year formed
1954
State of legal domicile
NC

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
AMY FUNDERBURKPRESIDENT / BOARD MEMBER
Trustee or director, Officer
2$0
GWEN VASSVICE PRESIDENT / DIRECTOR
Trustee or director, Officer
1$0
TANNER CRAWFORDDIRECTOR
Trustee or director
0.5$0
MARTIN GREENDIRECTOR
Trustee or director
0.5$0
PHIL KIRKDIRECTOR
Trustee or director
0.5$0
MICHAEL MOOREDIRECTOR
Trustee or director
0.5$0
CHIP WINSTEADDIRECTOR
Trustee or director
0.5$0
WES TRIPPSECRETARY / DIRECTOR
Trustee or director, Officer
1$0
ROCKY STRICKLANDDIRECTOR
Trustee or director
0.5$0
BRIAN BENNETTTREASURER
Officer
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
JUNE SMALLPRESIDENT / BOARD MEMBER
Trustee or director, Officer
2$0
AMY FUNDERBURKVICE PRESIDENT / DIRECTOR
Trustee or director, Officer
1$0
GEORGE RAMSAYBOARD MEMBER
Trustee or director
0.5$0
MARYTHREASE HARRELLDIRECTOR
Trustee or director
0.5$0
PHIL KIRKDIRECTOR
Trustee or director
0.5$0
MICHAEL MOOREDIRECTOR
Trustee or director
0.5$0
CHIP WINSTEADDIRECTOR
Trustee or director
0.5$0
GWEN VASSSECRETARY / DIRECTOR
Trustee or director, Officer
1$0
ROCKY STRICKLANDDIRECTOR
Trustee or director
0.5$0
BRIAN BENNETTTREASURER
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 12, RALEIGH, NC 27602-0012
Principal officer (990 for 2024)
BRIAN T BENNETT, PO BOX 12, RALEIGH, NC 27602
Signed the 990
BRIAN T BENNETT, TREASURER
Phone
(919) 836-9200

Mission

THE PURPOSES OF THE RALEIGH KIWANIS FOUNDATION, INC. ARE TO ORGANIZE, CONDUCT AND CARRY ON VARIOUS PLANS, EFFORTS AND UNDERTAKINGS FOR THE GENERAL RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL ADVANCEMENT AND WELL-BEING OF THE PEOPLE OF RALEIGH, WAKE COUNTY, STATE OF NORTH CAROLINA, AND FOR THE PROMOTION OF SOCIAL WELFARE OF ITS PEOPLE. THE CORPORATION SHALL SERVE AS THE CHARITABLE ARM OF THE KIWANIS CLUB OF RALEIGH.

990 for the year ended December 31, 2024

Program accomplishments

  • RALEIGH KIWANIS FOUNDATION, INC. SUPPORTS CHILDREN THROUGH GRANTS TO ORGANIZATIONS THAT PROMOTE AND ADVANCE THE WELFARE OF CHILDREN AND YOUTH IN THE GREATER RALEIGH, NORTH CAROLINA COMMUNITY.
    Expenses $40,870 · grants $40,870

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-6045235
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,095,763
Income (IRS master file)
$231,883

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$135,939$46,010$1,095,763XML
990December 2023$71,014$50,087$1,018,073XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 56-6045235).

Questions about RALEIGH KIWANIS FOUNDATION INC

What is the EIN of RALEIGH KIWANIS FOUNDATION INC?
The employer identification number (EIN) of RALEIGH KIWANIS FOUNDATION INC is 56-6045235.
Is RALEIGH KIWANIS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to RALEIGH KIWANIS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RALEIGH KIWANIS FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RALEIGH KIWANIS 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 RALEIGH KIWANIS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RALEIGH KIWANIS FOUNDATION INC?
The 990 for the year ended December 31, 2024 names BRIAN T BENNETT.
Who are the officers and directors of RALEIGH KIWANIS FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does RALEIGH KIWANIS FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $135,939, expenses of $46,010 and total assets of $1,095,763 at year end.

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