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Nonprofit · EIN 59-1084951

JOSEPH F CORNELIUS FAMILY FOUNDATION INC

Tax-exempt · BELLEAIR, FL 33756

Financials

$56K$70K2023$49K$70K2024$137K$74K2025
Revenue Expenses · by fiscal year end
Financials of JOSEPH F CORNELIUS FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$136,641$74,367$62,274$913,245$0$913,245
December 31, 2024990-PF$49,286$70,232-$20,946$850,971$0$850,971
December 31, 2023990-PF$55,684$69,775-$14,091$877,483$5,566$871,917
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$32,472
Net gain from sales of assets
$104,069
Other income
$100

Expenses

Grants and similar amounts paid
$61,655
Disbursements for charitable purposes
$61,655
Excise tax on investment income
$1,723

Balance sheet and other

Total assets, start of year
$850,971
Total assets, end of year
$913,245
Total liabilities, end of year
$0
Net assets, end of year
$913,245
Fair market value of assets
$1,504,053
Qualifying distributions
$61,655
Net investment income
$136,641

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
KAREN CROWN
TWO SEASIDE LANE 104, BELLEAIR, FL 33756
PRESIDENT0$0
JANINE K CORNELIUS
8 TREASURE LN, TREASURE ISLAND, FL 33706
DIRECTOR0$0
JAY F CORNELIUS
1035 IMPALA DRIVE, AKRON, OH 44319
SECRETARY0$0
NATHAN S FREEMAN
13 SUNSET BAY DRIVE, BELLEAIR, FL 33756
TREASURER0$0
KELLY FREEMAN
13 SUNSET BAY DRIVE, BELLEAIR, FL 33756
VICE PRESIDE0$0
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
KAREN CROWN
TWO SEASIDE LANE 104, BELLEAIR, FL 33756
PRESIDENT0$0
JANINE K CORNELIUS
8 TREASURE LN, TREASURE ISLAND, FL 33706
DIRECTOR0$0
JAY F CORNELIUS
1035 IMPALA DRIVE, AKRON, OH 44319
SECRETARY0$0
NATHAN S FREEMAN
13 SUNSET BAY DRIVE, BELLEAIR, FL 33756
TREASURER0$0
KELLY FREEMAN
13 SUNSET BAY DRIVE, BELLEAIR, FL 33756
VICE PRESIDE0$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
KAREN CROWN
TWO SEASIDE LANE 104, BELLEAIR, FL 33756
DIRECTOR0$0
JOSEPH F CORNELIUS JR
2844 KENT ROAD, CUYAHOGA FALLS, OH 44224
DIRECTOR0$0
JANINE K CORNELIUS
8 TREASURE LN, TREASURE ISLAND, FL 33706
PRESIDENT0$0
JAY F CORNELIUS
1035 IMPALA DRIVE, AKRON, OH 44319
SECRETARY0$0
NATHAN S FREEMAN
13 SUNSET BAY DRIVE, BELLEAIR, FL 33756
TREASURER0$0
KELLY FREEMAN
13 SUNSET BAY DRIVE, BELLEAIR, FL 33756
VICE PRESIDE0$0

Address and contacts

Address (IRS master file)
13 SUNSET BAY DR, BELLEAIR, FL 33756-1644
In care of
% BARNETT BANKS TRUST COMPANY NA
Signed the 990-PF
KAREN CROWN, PRESIDENT
Phone
(727) 638-0516
Return prepared by
RIPLEY DOORN & COMPANY PLLC

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
59-1084951
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
1965
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$913,245
Income (IRS master file)
$344,495

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$136,641$74,367$913,245XML
990-PFDecember 2024$49,286$70,232$850,971XML
990-PFDecember 2023$55,684$69,775$877,483XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
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 59-1084951).

Questions about JOSEPH F CORNELIUS FAMILY FOUNDATION INC

What is the EIN of JOSEPH F CORNELIUS FAMILY FOUNDATION INC?
The employer identification number (EIN) of JOSEPH F CORNELIUS FAMILY FOUNDATION INC is 59-1084951.
Is JOSEPH F CORNELIUS FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
Are donations to JOSEPH F CORNELIUS FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JOSEPH F CORNELIUS FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of JOSEPH F CORNELIUS FAMILY FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JOSEPH F CORNELIUS FAMILY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of JOSEPH F CORNELIUS FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does JOSEPH F CORNELIUS FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $136,641, expenses of $74,367 and total assets of $913,245 at year end.

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