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Nonprofit · EIN 58-6033966

ACT FOUNDATION INC

Tax-exempt · ATLANTA, GA 30328

Financials

$2.2M$3.2M2023$6.2M$4.5M2024
Revenue Expenses · by fiscal year end
Financials of ACT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$6,207,670$4,468,301$1,739,369$50,479,207$0$50,479,207
December 31, 2023990-PF$2,184,735$3,224,389-$1,039,654$49,616,165$0$49,616,165
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,494,241
Dividends
$1,100,262
Net gain from sales of assets
$3,523,551
Other income
$89,616

Expenses

Grants and similar amounts paid
$4,089,918
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$4,114,255
Excise tax on investment income
$62,086

Balance sheet and other

Total assets, start of year
$49,616,165
Total assets, end of year
$50,479,207
Total liabilities, end of year
$0
Net assets, end of year
$50,479,207
Fair market value of assets
$60,727,561
Qualifying distributions
$4,114,255
Net investment income
$4,769,330

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
ALEXANDER C TAYLOR
6205-A PEACHTREE DUNWOODY ROAD, ATLANTA, GA 30328
PRESIDENT0.4$0
NANCY K RIGBY
6205-A PEACHTREE DUNWOODY ROAD, ATLANTA, GA 30328
SECRETARY/TREASURER5$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
ALEXANDER C TAYLOR
6205-A PEACHTREE DUNWOODY ROAD, ATLANTA, GA 30328
PRESIDENT0.4$0
NANCY K RIGBY
6205-A PEACHTREE DUNWOODY ROAD, ATLANTA, GA 30328
SECRETARY/TREASURER5$0

Address and contacts

Address (IRS master file)
6205A PEACHTREE DUNWOODY RD, ATLANTA, GA 30328-4524
In care of
% DOW LOHNES PLLC
Signed the 990-PF
NANCY K RIGBY, SECRETARY/TREASURER
Phone
(678) 645-4659
Return prepared by
RSM US 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
58-6033966
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
1962
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$50,479,207
Income (IRS master file)
$19,665,592

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$6,207,670$4,468,301$50,479,207XML
990-TDecember 2024–––IRS
990-PFDecember 2023$2,184,735$3,224,389$49,616,165XML
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-TDecember 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 58-6033966).

Questions about ACT FOUNDATION INC

What is the EIN of ACT FOUNDATION INC?
The employer identification number (EIN) of ACT FOUNDATION INC is 58-6033966.
Is ACT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1962.
Are donations to ACT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ACT FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of ACT 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 ACT 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 ACT FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does ACT FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $6,207,670, expenses of $4,468,301 and total assets of $50,479,207 at year end.

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