Nonprofit · EIN 59-1885997
KOCH FOUNDATION INC
Tax-exempt · GAINESVILLE, FL 32606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990-PF | $6,504,505 | $7,754,537 | -$1,250,032 | $117,408,306 | $18,024 | $117,390,282 |
| March 31, 2024 | 990-PF | $6,320,348 | $7,153,299 | -$832,951 | $71,661,279 | $30,111 | $71,631,168 |
Financial details: 990-PF for the year ended March 31, 2025
Revenue
- Dividends
- $2,720,630
- Interest
- $161
- Net gain from sales of assets
- $3,368,668
- Other income
- $415,046
Expenses
- Grants and similar amounts paid
- $6,507,395
- Compensation of officers, directors and key employees
- $209,309
- Salaries, compensation and benefits (total)
- $526,358
- Disbursements for charitable purposes
- $7,375,149
- Excise tax on investment income
- $85,400
Balance sheet and other
- Total assets, start of year
- $71,661,279
- Total assets, end of year
- $117,408,306
- Total liabilities, end of year
- $18,024
- Net assets, end of year
- $117,390,282
- Fair market value of assets
- $117,408,306
- Qualifying distributions
- $7,375,149
- Net investment income
- $6,370,908
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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Carolyn Young ended 32025 4421 NW 39th Ave BLDG 1 STE 2, Gainsville, FL 32606 | Foundation Advisor Highest-paid employee | 40 | $227,521 | $41,856 |
| Andrew LoFaro began 42024 4421 NW 39th Ave BLDG 1 STE 2, Gainsville, FL 32606 | Executive Director | 40 | $142,492 | $21,517 |
| Monica Fox 4421 NW 39th Ave BLDG 1 STE 2, Gainsville, FL 32606 | Director of Operatio Highest-paid employee | 40 | $117,298 | $23,872 |
| Jeffrey P Vraney 4421 NW 39th Ave BLDG 1 STE 2, Gainsville, FL 32606 | Director | 5 | $9,700 | $0 |
| Maura J Vraney 4421 NW 39th Ave BLDG 1 STE 2, Gainsville, FL 32606 | Director | 5 | $9,700 | $0 |
| Lawrence E Vraney Jr 4421 NW 39th Ave BLDG 1 STE 2, Gainsville, FL 32606 | Director | 5 | $9,700 | $0 |
| Lori A Vraney 4421 NW 39th Ave BLDG 1 STE 2, Gainsville, FL 32606 | Director | 5 | $8,900 | $0 |
| Inge Vraney 4421 NW 39th Ave BLDG 1 STE 2, Gainsville, FL 32606 | Vice President | 5 | $7,300 | $0 |
| Carolyn L Bomberger 4421 NW 39th Ave BLDG 1 STE 2, Gainsville, FL 32606 | Asst. Treasurer | 5 | $0 | $0 |
| William A Bomberger 4421 NW 39th Ave BLDG 1 STE 2, Gainsville, FL 32606 | President | 5 | $0 | $0 |
| Michelle H Bomberger 4421 NW 39th Ave BLDG 1 STE 2, Gainsville, FL 32606 | Assistant Secretary | 5 | $0 | $0 |
| Matthew A Bomberger 4421 NW 39th Ave BLDG 1 STE 2, Gainsville, FL 32606 | Treasurer & Investment Committee Chair | 5 | $0 | $0 |
| Rachel A Bomberger 4421 NW 39th Ave BLDG 1 STE 2, Gainsville, FL 32606 | Secretary | 5 | $0 | $0 |
990-PF for the year ended March 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CAROLYN YOUNG 13800 LYNDHURST STREET 31, AUSTIN, TX 78717 | EXECUTIVE DIRECTOR | 40 | $139,900 | $34,504 |
| MONICA FOX 4911 NW 40TH TER, GAINESVILLE, FL 32606 | DIRECTOR OF OPERATIO Highest-paid employee | 40 | $94,800 | $26,725 |
| CAROLYN L BOMBERGER 2760 NW 26TH PLACE, GAINESVILLE, FL 32605 | ASST. TREASURER | 5 | $0 | $0 |
| WILLIAM A BOMBERGER 2760 NW 26TH PLACE, GAINESVILLE, FL 32605 | PRESIDENT | 5 | $0 | $0 |
| MICHELLE H BOMBERGER 3072 80TH AVENUE NE, HUNTS POINT, WA 98004 | ASSISTANT SECRETARY | 5 | $0 | $0 |
| MATTHEW A BOMBERGER 3072 80TH AVENUE NE, HUNTS POINT, WA 98004 | TREASURER & INVESTMENT COMMITTEE CHAIR | 5 | $0 | $0 |
| RACHEL A BOMBERGER 8522 BRAMWELL WAY, TAMPA, FL 33647 | SECRETARY | 5 | $0 | $0 |
| INGE VRANEY 6775 W HAPPY VALLEY ROAD, PEORIA, AZ 85383 | VICE PRESIDENT | 5 | $0 | $0 |
| LORI A VRANEY 7438 W PASO TRAIL, PEORIA, AZ 85383 | DIRECTOR | 5 | $0 | $0 |
| JEFFREY P VRANEY 7438 W PASO TRAIL, PEORIA, AZ 85383 | DIRECTOR | 5 | $0 | $0 |
| MAURA J VRANEY 7314 MEADOW LANE, CARY, IL 60013 | DIRECTOR | 5 | $0 | $0 |
| LAWRENCE E VRANEY JR 7314 MEADOW LANE, CARY, IL 60013 | DIRECTOR | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4421 NW 39TH AVENUE BUILDING 1 SUIT, GAINESVILLE, FL 32606-7223
- Signed the 990-PF
- William Bomberger, President
- Phone
- (352) 373-7491
- Website
- www.thekochfoundation.org
- Return prepared by
- Batts Morrison Wales & Lee PA
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990-PF on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990-PF on file |
IRS record
- EIN
- 59-1885997
- 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
- 1979
- Accounting year ends
- March
- Files
- Form 990-PF
- Assets (IRS master file)
- $117,408,306
- Income (IRS master file)
- $14,243,292
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | March 2025 | $6,504,505 | $7,754,537 | $117,408,306 | XML |
| 990-PF | March 2024 | $6,320,348 | $7,153,299 | $71,661,279 | XML |
| 990-T | March 2024 | – | – | – | IRS |
| 990-PF | March 2023 | – | – | – | IRS |
| 990-PF | March 2022 | – | – | – | IRS |
| 990-PF | March 2021 | – | – | – | 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 59-1885997).
Questions about KOCH FOUNDATION INC
- What is the EIN of KOCH FOUNDATION INC?
- The employer identification number (EIN) of KOCH FOUNDATION INC is 59-1885997.
- Is KOCH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to KOCH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KOCH FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KOCH FOUNDATION INC due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KOCH FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended March 2025.
- Who are the officers and directors of KOCH FOUNDATION INC?
- The 990-PF for the year ended March 31, 2025 lists 13 people; 8 received compensation from the organization, the highest $227,521 (Carolyn Young ended 32025, Foundation Advisor).
- How much revenue does KOCH FOUNDATION INC have?
- On its 990-PF for the year ended March 31, 2025 it reported revenue of $6,504,505, expenses of $7,754,537 and total assets of $117,408,306 at year end.
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