Nonprofit · EIN 59-0651084
BASIL L KING SCHOLARSHIP FOUNDATION INC
Tax-exempt · FORT PIERCE, FL 34946
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $385,562 | $404,769 | -$19,207 | $7,135,645 | $3,216 | $7,132,429 |
| September 30, 2024 | 990-PF | $164,744 | $380,580 | -$215,836 | $6,899,927 | $0 | $6,899,927 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $18,878
- Dividends
- $135,493
- Interest
- $81
- Net gain from sales of assets
- $231,110
Expenses
- Grants and similar amounts paid
- $323,078
- Compensation of officers, directors and key employees
- $24,000
- Disbursements for charitable purposes
- $350,956
- Excise tax on investment income
- $4,413
Balance sheet and other
- Total assets, start of year
- $6,899,927
- Total assets, end of year
- $7,135,645
- Total liabilities, end of year
- $3,216
- Net assets, end of year
- $7,132,429
- Fair market value of assets
- $7,135,645
- Qualifying distributions
- $350,956
- Net investment income
- $366,684
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIMMIE ANNE HAISLEY 3600 N MILTON ROAD, FORT PIERCE, FL 34946 | EXECUTIVE DI | 10 | $24,000 |
| FRANK H FEE III 426 AVENUE A, FORT PIERCE, FL 34950 | CHAIRMAN,DIR | 1 | $0 |
| BRUCE ABERNETHY JR 130 S INDIAN RIVER DRIVE, FORT PIERCE, FL 34950 | DIRECTOR | 1 | $0 |
| ANN DECKER 3209 VIRGINIA AVENUE, FORT PIERCE, FL 34981 | DIRECTOR | 1 | $0 |
| KAREN RIPPER 3600 N MILTON ROAD, FORT PIERCE, FL 34946 | DIRECTOR | 1 | $0 |
| EILEAN CLARK 1812 AVENUE M, FORT PIERCE, FL 34950 | DIRECTOR | 1 | $0 |
| CYNTHIA SHEELAR 3181 LINDA VISTA AVENUE, FORT PIERCE, FL 34982 | DIRECTOR | 1 | $0 |
| RONALD CASON 501 SOUTH 10TH STREET, FORT PIERCE, FL 34950 | DIRECTOR | 1 | $0 |
990-PF for the year ended September 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIMMIE ANNE HAISLEY 3600 N MILTON ROAD, FORT PIERCE, FL 34946 | EXECUTIVE DI | 10 | $24,000 |
| FRANK H FEE III 426 AVENUE A, FORT PIERCE, FL 34950 | CHAIRMAN,DIR | 1 | $0 |
| BRUCE ABERNETHY JR 130 S INDIAN RIVER DRIVE, FORT PIERCE, FL 34950 | DIRECTOR | 1 | $0 |
| ANN DECKER 3209 VIRGINIA AVENUE, FORT PIERCE, FL 34981 | DIRECTOR | 1 | $0 |
| KAREN RIPPER 3600 N MILTON ROAD, FORT PIERCE, FL 34946 | DIRECTOR | 1 | $0 |
| EILEAN CLARK 1812 AVENUE M, FORT PIERCE, FL 34950 | DIRECTOR | 1 | $0 |
| CYNTHIA SHEELAR 3181 LINDA VISTA AVENUE, FORT PIERCE, FL 34982 | DIRECTOR | 1 | $0 |
| RONALD CASON 501 SOUTH 10TH STREET, FORT PIERCE, FL 34950 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3600 N MILTON RD, FORT PIERCE, FL 34946-1909
- Signed the 990-PF
- JIMMIE ANNE HAISLEY, EXECUTIVE DIRECTOR
- Phone
- (772) 465-2039
- Website
- WWW.BASILKINGFOUNDATION.ORG
- Return prepared by
- LYNCH JOHNSON & LONG 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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990-PF on file |
IRS record
- EIN
- 59-0651084
- 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
- 1973
- Accounting year ends
- September
- Files
- Form 990-PF
- Assets (IRS master file)
- $7,135,645
- Income (IRS master file)
- $1,908,710
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $385,562 | $404,769 | $7,135,645 | IRS |
| 990-PF | September 2024 | $164,744 | $380,580 | $6,899,927 | XML |
| 990-PF | September 2023 | – | – | – | IRS |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
| 990-PF | September 2019 | – | – | – | IRS |
| 990-PF | September 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 59-0651084).
Questions about BASIL L KING SCHOLARSHIP FOUNDATION INC
- What is the EIN of BASIL L KING SCHOLARSHIP FOUNDATION INC?
- The employer identification number (EIN) of BASIL L KING SCHOLARSHIP FOUNDATION INC is 59-0651084.
- Is BASIL L KING SCHOLARSHIP FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Are donations to BASIL L KING SCHOLARSHIP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BASIL L KING SCHOLARSHIP FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BASIL L KING SCHOLARSHIP FOUNDATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BASIL L KING SCHOLARSHIP FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who are the officers and directors of BASIL L KING SCHOLARSHIP FOUNDATION INC?
- The 990-PF for the year ended September 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $24,000 (JIMMIE ANNE HAISLEY, EXECUTIVE DI).
- How much revenue does BASIL L KING SCHOLARSHIP FOUNDATION INC have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $385,562, expenses of $404,769 and total assets of $7,135,645 at year end.
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