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Nonprofit · EIN 57-0990214

REBECCA C PARSONS FOUNDATION

Also known as PARSONS REBECCA C CO TTEE

Tax-exempt · PAWLEYS ISL, SC 29585

Financials

$486K$183K2021$343K$310K2022$256K$911K2023$2.4M$518K2024
Revenue Expenses · by fiscal year end
Financials of REBECCA C PARSONS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,359,104$518,206$1,840,898$8,044,556$100,037$7,944,519
December 31, 2023990-PF$256,293$910,855-$654,562$6,098,940$0$6,098,940
December 31, 2022990-PF (amended)$343,287$309,851$33,436$6,738,271$0$6,738,271
December 31, 2021990-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.

NameTitleHours / weekCompensation
Robert D Harper Jr
PO Box 1243, Pawleys Island, SC 29585
Trustee0$15,000
Martha Lynn Mercer Gaskins
213 S Farr Avenue, Andrews, SC 29510
Trustee0$15,000
William Gaskins
3523 Racine Street, Durham, NC 27707
Trustee4$15,000
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Robert D Harper Jr
PO Box 1243, Pawleys Island, SC 29585
Trustee0$12,000
Martha Lynn Mercer Gaskins
213 S Farr Avenue, Andrews, SC 29510
Trustee0$12,000
William Gaskins
3523 Racine Street, Durham, NC 27707
Trustee0$12,000
990-PF for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
Robert D Harper Jr
PO Box 1243, Pawleys Island, SC 29585
Trustee0$9,000
Martha Lynn Mercer Gaskins
213 S Farr Avenue, Andrews, SC 29510
Trustee0$9,000
William Gaskins
3523 Racine Street, Durham, NC 27707
Trustee0$9,000
990-PF for the year ended December 31, 2021: 3 people
NameTitleHours / weekCompensation
Robert D Harper Jr
PO Box 1550, Pawleys Island, SC 29585
Trustee0$9,000
Martha Lynn Gaskins
213 S Farr Avenue, Andrews, SC 29510
Trustee0$9,000
William Gaskins
213 S Farr Avenue, Andrews, SC 29510
Trustee0$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 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
57-0990214
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

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$2,359,104$518,206$8,044,556XML
990-PFDecember 2023$256,293$910,855$6,098,940XML
990-PFDecember 2022$343,287$309,851$6,738,271XML
990-PFDecember 2021$485,660$183,479$6,704,783XML
990-PFDecember 2020–––IRS
990-PFDecember 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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