Nonprofit · EIN 59-1084951
JOSEPH F CORNELIUS FAMILY FOUNDATION INC
Tax-exempt · BELLEAIR, FL 33756
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $136,641 | $74,367 | $62,274 | $913,245 | $0 | $913,245 |
| December 31, 2024 | 990-PF | $49,286 | $70,232 | -$20,946 | $850,971 | $0 | $850,971 |
| December 31, 2023 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN CROWN TWO SEASIDE LANE 104, BELLEAIR, FL 33756 | PRESIDENT | 0 | $0 |
| JANINE K CORNELIUS 8 TREASURE LN, TREASURE ISLAND, FL 33706 | DIRECTOR | 0 | $0 |
| JAY F CORNELIUS 1035 IMPALA DRIVE, AKRON, OH 44319 | SECRETARY | 0 | $0 |
| NATHAN S FREEMAN 13 SUNSET BAY DRIVE, BELLEAIR, FL 33756 | TREASURER | 0 | $0 |
| KELLY FREEMAN 13 SUNSET BAY DRIVE, BELLEAIR, FL 33756 | VICE PRESIDE | 0 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN CROWN TWO SEASIDE LANE 104, BELLEAIR, FL 33756 | PRESIDENT | 0 | $0 |
| JANINE K CORNELIUS 8 TREASURE LN, TREASURE ISLAND, FL 33706 | DIRECTOR | 0 | $0 |
| JAY F CORNELIUS 1035 IMPALA DRIVE, AKRON, OH 44319 | SECRETARY | 0 | $0 |
| NATHAN S FREEMAN 13 SUNSET BAY DRIVE, BELLEAIR, FL 33756 | TREASURER | 0 | $0 |
| KELLY FREEMAN 13 SUNSET BAY DRIVE, BELLEAIR, FL 33756 | VICE PRESIDE | 0 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN CROWN TWO SEASIDE LANE 104, BELLEAIR, FL 33756 | DIRECTOR | 0 | $0 |
| JOSEPH F CORNELIUS JR 2844 KENT ROAD, CUYAHOGA FALLS, OH 44224 | DIRECTOR | 0 | $0 |
| JANINE K CORNELIUS 8 TREASURE LN, TREASURE ISLAND, FL 33706 | PRESIDENT | 0 | $0 |
| JAY F CORNELIUS 1035 IMPALA DRIVE, AKRON, OH 44319 | SECRETARY | 0 | $0 |
| NATHAN S FREEMAN 13 SUNSET BAY DRIVE, BELLEAIR, FL 33756 | TREASURER | 0 | $0 |
| KELLY FREEMAN 13 SUNSET BAY DRIVE, BELLEAIR, FL 33756 | VICE PRESIDE | 0 | $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $136,641 | $74,367 | $913,245 | XML |
| 990-PF | December 2024 | $49,286 | $70,232 | $850,971 | XML |
| 990-PF | December 2023 | $55,684 | $69,775 | $877,483 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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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