Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 57-0974104

JOE R & JOELLA F UTLEY FOUNDATION INC

Tax-exempt · WILMINGTON, DE 19809

Financials

$363K$407K2023$344K$346K2024
Revenue Expenses · by fiscal year end
Financials of JOE R & JOELLA F UTLEY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$344,362$346,276-$1,914$6,852,078$0$6,852,078
December 31, 2023990-PF$363,101$406,587-$43,486$6,853,992$0$6,853,992
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$161,813
Interest
$43,624
Net gain from sales of assets
$140,201
Other income
-$1,276

Expenses

Grants and similar amounts paid
$218,300
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$247,931
Excise tax on investment income
$3,542

Balance sheet and other

Total assets, start of year
$6,853,992
Total assets, end of year
$6,852,078
Total liabilities, end of year
$0
Net assets, end of year
$6,852,078
Fair market value of assets
$7,989,253
Qualifying distributions
$247,931
Net investment income
$349,248

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 / weekCompensation
Sarah Gunn
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Sec, Trustee1$0
Frank Phillips
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP, Trustee1$0
Jennifer Phillips
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee, Pres1$0
Katie Fowler Phillips
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee1$0
Bruce Schwartz
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee, Treas1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Sarah Gunn
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Sec, Trustee1$0
Frank Phillips
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
VP, Trustee1$0
Jennifer Phillips
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee, Pres1$0
Katie Fowler Phillips
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee1$0
Bruce Schwartz
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee, Treas1$0

Address and contacts

Address (IRS master file)
FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
In care of
% FOUNDATION SOURCE
Signed the 990-PF
Bruce W Schwartz, Trustee
Phone
(800) 839-1754
Return prepared by
Foundation Source

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
57-0974104
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
1993
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$6,852,078
Income (IRS master file)
$1,026,719

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$344,362$346,276$6,852,078XML
990-PFDecember 2023$363,101$406,587$6,853,992XML
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-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 57-0974104).

Questions about JOE R & JOELLA F UTLEY FOUNDATION INC

What is the EIN of JOE R & JOELLA F UTLEY FOUNDATION INC?
The employer identification number (EIN) of JOE R & JOELLA F UTLEY FOUNDATION INC is 57-0974104.
Is JOE R & JOELLA F UTLEY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to JOE R & JOELLA F UTLEY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does JOE R & JOELLA F UTLEY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of JOE R & JOELLA F UTLEY 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 JOE R & JOELLA F UTLEY FOUNDATION INC 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 JOE R & JOELLA F UTLEY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does JOE R & JOELLA F UTLEY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $344,362, expenses of $346,276 and total assets of $6,852,078 at year end.

Other nonprofits in WILMINGTON

All nonprofits in WILMINGTON · Delaware