Nonprofit · EIN 56-6061068
KETNER FOUNDATION INC
Tax-exempt · SALISBURY, NC 28145
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990-PF | $72,418 | $58,248 | $14,170 | $879,896 | $0 | $879,896 |
| March 31, 2025 | 990-PF | $62,560 | $48,128 | $14,432 | $865,726 | $0 | $865,726 |
Financial details: 990-PF for the year ended March 31, 2026
Revenue
- Dividends
- $77,573
- Net gain from sales of assets
- -$5,632
- Other income
- $477
Expenses
- Grants and similar amounts paid
- $53,000
- Disbursements for charitable purposes
- $57,000
- Excise tax on investment income
- $1,078
Balance sheet and other
- Total assets, start of year
- $865,726
- Total assets, end of year
- $879,896
- Total liabilities, end of year
- $0
- Net assets, end of year
- $879,896
- Fair market value of assets
- $1,000,084
- Qualifying distributions
- $57,000
- Net investment income
- $77,573
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 March 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GLENN E KETNER JR 740 CLUB HOUSE DRIVE, SALISBURY, NC 28144 | PRESIDENT | 0 | $0 |
| CAROLYN K PENNY 4105 PICKETT RD, DURHAM, NC 27705 | SECRETARY | 0 | $0 |
| JOHN C KETNER 4346 COLUMBINE CIRCLE, CHARLOTTE, NC 28211 | VICE PRESIDE | 0 | $0 |
990-PF for the year ended March 31, 2025: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GLENN E KETNER JR 740 CLUB HOUSE DRIVE, SALISBURY, NC 28144 | PRESIDENT | 0 | $0 |
| CAROLYN K PENNY 4105 PICKETT RD, DURHAM, NC 27705 | SECRETARY | 0 | $0 |
| JOHN C KETNER 4346 COLUMBINE CIRCLE, CHARLOTTE, NC 28211 | VICE PRESIDE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1308, SALISBURY, NC 28145-1308
- Signed the 990-PF
- JOHN C KETNER, VICE PRESIDENT
- Phone
- (704) 633-4971
- Return prepared by
- SHERRILL & SMITH CPAS 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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990-PF on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990-PF on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990-PF on file |
IRS record
- EIN
- 56-6061068
- 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
- 1959
- Accounting year ends
- March
- Files
- Form 990-PF
- Assets (IRS master file)
- $879,896
- Income (IRS master file)
- $380,997
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | March 2026 | $72,418 | $58,248 | $879,896 | XML |
| 990-PF | March 2025 | $62,560 | $48,128 | $865,726 | XML |
| 990-PF | March 2024 | – | – | – | IRS |
| 990-PF | March 2023 | – | – | – | IRS |
| 990-PF | March 2022 | – | – | – | IRS |
| 990-PF | March 2021 | – | – | – | IRS |
| 990-PF | March 2019 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about KETNER FOUNDATION INC
- What is the EIN of KETNER FOUNDATION INC?
- The employer identification number (EIN) of KETNER FOUNDATION INC is 56-6061068.
- Is KETNER FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
- Are donations to KETNER FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KETNER FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KETNER FOUNDATION INC due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KETNER FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended March 2026.
- Who are the officers and directors of KETNER FOUNDATION INC?
- The 990-PF for the year ended March 31, 2026 lists 3 people; 0 received compensation from the organization.
- How much revenue does KETNER FOUNDATION INC have?
- On its 990-PF for the year ended March 31, 2026 it reported revenue of $72,418, expenses of $58,248 and total assets of $879,896 at year end.
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