Nonprofit · EIN 57-0990214
REBECCA C PARSONS FOUNDATION
Also known as PARSONS REBECCA C CO TTEE
Tax-exempt · PAWLEYS ISL, SC 29585
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,359,104 | $518,206 | $1,840,898 | $8,044,556 | $100,037 | $7,944,519 |
| December 31, 2023 | 990-PF | $256,293 | $910,855 | -$654,562 | $6,098,940 | $0 | $6,098,940 |
| December 31, 2022 | 990-PF (amended) | $343,287 | $309,851 | $33,436 | $6,738,271 | $0 | $6,738,271 |
| December 31, 2021 | 990-PF (amended) | $485,660 | $183,479 | $302,181 | $6,704,783 | $0 | $6,704,783 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $163,012
- Interest
- $62
- Net gain from sales of assets
- $2,196,030
Expenses
- Grants and similar amounts paid
- $384,345
- Compensation of officers, directors and key employees
- $45,000
- Disbursements for charitable purposes
- $468,440
- Excise tax on investment income
- $32,105
Balance sheet and other
- Total assets, start of year
- $6,098,940
- Total assets, end of year
- $8,044,556
- Total liabilities, end of year
- $100,037
- Net assets, end of year
- $7,944,519
- Fair market value of assets
- $8,559,829
- Qualifying distributions
- $468,440
- Net investment income
- $2,359,104
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert D Harper Jr PO Box 1243, Pawleys Island, SC 29585 | Trustee | 0 | $15,000 |
| Martha Lynn Mercer Gaskins 213 S Farr Avenue, Andrews, SC 29510 | Trustee | 0 | $15,000 |
| William Gaskins 3523 Racine Street, Durham, NC 27707 | Trustee | 4 | $15,000 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert D Harper Jr PO Box 1243, Pawleys Island, SC 29585 | Trustee | 0 | $12,000 |
| Martha Lynn Mercer Gaskins 213 S Farr Avenue, Andrews, SC 29510 | Trustee | 0 | $12,000 |
| William Gaskins 3523 Racine Street, Durham, NC 27707 | Trustee | 0 | $12,000 |
990-PF for the year ended December 31, 2022: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert D Harper Jr PO Box 1243, Pawleys Island, SC 29585 | Trustee | 0 | $9,000 |
| Martha Lynn Mercer Gaskins 213 S Farr Avenue, Andrews, SC 29510 | Trustee | 0 | $9,000 |
| William Gaskins 3523 Racine Street, Durham, NC 27707 | Trustee | 0 | $9,000 |
990-PF for the year ended December 31, 2021: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert D Harper Jr PO Box 1550, Pawleys Island, SC 29585 | Trustee | 0 | $9,000 |
| Martha Lynn Gaskins 213 S Farr Avenue, Andrews, SC 29510 | Trustee | 0 | $9,000 |
| William Gaskins 213 S Farr Avenue, Andrews, SC 29510 | Trustee | 0 | $9,000 |
Address and contacts
- Address (IRS master file)
- PO BOX 1243, PAWLEYS ISL, SC 29585-1243
- Signed the 990-PF
- William Gaskins Jr, Trustee
- Phone
- (843) 481-6036
- Return prepared by
- Forvis Mazars LLP
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 | Not 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
- 57-0990214
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $8,044,556
- Income (IRS master file)
- $11,337,071
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,359,104 | $518,206 | $8,044,556 | XML |
| 990-PF | December 2023 | $256,293 | $910,855 | $6,098,940 | XML |
| 990-PF | December 2022 | $343,287 | $309,851 | $6,738,271 | XML |
| 990-PF | December 2021 | $485,660 | $183,479 | $6,704,783 | XML |
| 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 57-0990214).
Questions about REBECCA C PARSONS FOUNDATION
- What is the EIN of REBECCA C PARSONS FOUNDATION?
- The employer identification number (EIN) of REBECCA C PARSONS FOUNDATION is 57-0990214.
- Is REBECCA C PARSONS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to REBECCA C PARSONS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does REBECCA C PARSONS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of REBECCA C PARSONS FOUNDATION 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 REBECCA C PARSONS FOUNDATION 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 REBECCA C PARSONS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 3 received compensation from the organization, the highest $15,000 (Robert D Harper Jr, Trustee).
- How much revenue does REBECCA C PARSONS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,359,104, expenses of $518,206 and total assets of $8,044,556 at year end.
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