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Nonprofit · EIN 57-6019445

ABNEY FOUNDATION

Tax-exempt · ANDERSON, SC 29621

Financials

$6.2M$2.8M2023$3.9M$2.8M2024
Revenue Expenses · by fiscal year end
Financials of ABNEY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF (amended)$3,932,848$2,824,055$1,108,793$51,281,323$0$51,281,323
December 31, 2023990-PF$6,246,406$2,798,464$3,447,942$46,758,160$0$46,758,160
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$15,000
Dividends
$1,256,177
Net gain from sales of assets
$2,661,671

Expenses

Grants and similar amounts paid
$1,935,500
Compensation of officers, directors and key employees
$351,630
Disbursements for charitable purposes
$2,145,737
Excise tax on investment income
$50,951

Balance sheet and other

Total assets, start of year
$46,758,160
Total assets, end of year
$51,281,323
Total liabilities, end of year
$0
Net assets, end of year
$51,281,323
Fair market value of assets
$51,607,473
Qualifying distributions
$2,145,737
Net investment income
$3,917,848

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 / weekCompensationOther / benefits
LISA C MCWHERTER
100 VINE STREET, ANDERSON, SC 29621
VICE CHAIR40$178,263$57,140
BONNIE K NASH
100 VINE STREET, ANDERSON, SC 29621
SECR/TREAS40$109,690$31,869
CARL T EDWARDS
100 VINE STREET, ANDERSON, SC 29621
ED EMERITUS20$41,177$8,235
J KIRKMAN MOORHEAD
100 VINE STREET, ANDERSON, SC 29621
TRUSTEE1$7,500$0
JOHN T MEEHAN MD
100 VINE STREET, ANDERSON, SC 29621
CHAIR1$7,500$0
JAMES E SHERIFF
100 VINE STREET, ANDERSON, SC 29621
TRUSTEE1$7,500$0
LEBRENA F CAMPBELL
100 VINE STREET, ANDERSON, SC 29621
TRUSTEE1$0$0
JOHN R FULP III
100 VINE STREET, ANDERSON, SC 29621
TRUSTEE1$0$0
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
LISA C MCWHERTER
100 VINE STREET, ANDERSON, SC 29621
VICE CHAIR40$168,173$55,131
BONNIE K NASH
100 VINE STREET, ANDERSON, SC 29621
SECR/TREAS40$105,633$29,220
CARL T EDWARDS
100 VINE STREET, ANDERSON, SC 29621
EXEC DIR EME20$41,177$8,557
JOHN T MEEHAN MD
100 VINE STREET, ANDERSON, SC 29621
TRUSTEE1$7,500$0
JAMES E SHERIFF
100 VINE STREET, ANDERSON, SC 29621
TRUSTEE1$7,500$0
JOHN R FULP JR
100 VINE STREET, ANDERSON, SC 29621
CHAIRMAN10$0$0
LEBRENA F CAMPBELL
100 VINE STREET, ANDERSON, SC 29621
TRUSTEE1$0$0
JOHN R FULP III
100 VINE STREET, ANDERSON, SC 29621
TRUSTEE1$0$0

Address and contacts

Address (IRS master file)
100 VINE ST, ANDERSON, SC 29621-3265
Signed the 990-PF
LISA C MCWHERTER, VICE CHAIR
Phone
(864) 964-9201
Return prepared by
LOVE BAILEY & ASSOCIATES LLC

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
57-6019445
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
December
Files
Form 990-PF
Assets (IRS master file)
$51,281,323
Income (IRS master file)
$38,409,603

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,932,848$2,824,055$51,281,323IRS
990-PFDecember 2023$6,246,406$2,798,464$46,758,160XML
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 57-6019445).

Questions about ABNEY FOUNDATION

What is the EIN of ABNEY FOUNDATION?
The employer identification number (EIN) of ABNEY FOUNDATION is 57-6019445.
Is ABNEY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
Are donations to ABNEY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ABNEY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ABNEY 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 ABNEY 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 ABNEY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 8 people; 6 received compensation from the organization, the highest $178,263 (LISA C MCWHERTER, VICE CHAIR).
How much revenue does ABNEY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,932,848, expenses of $2,824,055 and total assets of $51,281,323 at year end.

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