Skip to main content

Nonprofit · EIN 62-1347054

WAYNE G BASLER CHARITABLE FOUNDATION

Tax-exempt · KINGSPORT, TN 37663

Financials

$372K$625K2023$741K$715K2024
Revenue Expenses · by fiscal year end
Financials of WAYNE G BASLER CHARITABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$741,021$714,931$26,090$8,234,507$0$8,234,507
December 31, 2023990-PF$372,148$625,291-$253,143$8,211,359$0$8,211,359
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$295,655
Interest
$258
Net gain from sales of assets
$446,031
Other income
-$923

Expenses

Grants and similar amounts paid
$578,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$587,297
Excise tax on investment income
$8,668

Balance sheet and other

Total assets, start of year
$8,211,359
Total assets, end of year
$8,234,507
Total liabilities, end of year
$0
Net assets, end of year
$8,234,507
Fair market value of assets
$10,636,437
Qualifying distributions
$587,297
Net investment income
$741,944

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
ERIC BASLER
PO BOX 2049, KINGSPORT, TN 37662
TRUSTEE1$0
SHARI L HILLMAN KING
PO BOX 2049, KINGSPORT, TN 37662
FOUNDATION MANAGER7$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
WAYNE G BASLER
PO BOX 2049, KINGSPORT, TN 37662
TRUSTEE1$0
SHARI L HILLMAN KING
PO BOX 2049, KINGSPORT, TN 37662
FOUNDATION MANAGER7$0

Address and contacts

Address (IRS master file)
1349 DUNLAP RD, KINGSPORT, TN 37663-3858
Signed the 990-PF
WAYNE G BASLER, TRUSTEE
Phone
(423) 306-4215
Return prepared by
CLIFTONLARSONALLEN 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
62-1347054
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
2019
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$8,234,507
Income (IRS master file)
$2,298,047

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$741,021$714,931$8,234,507XML
990-TDecember 2024–––IRS
990-PFDecember 2023$372,148$625,291$8,211,359XML
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-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 62-1347054).

Questions about WAYNE G BASLER CHARITABLE FOUNDATION

What is the EIN of WAYNE G BASLER CHARITABLE FOUNDATION?
The employer identification number (EIN) of WAYNE G BASLER CHARITABLE FOUNDATION is 62-1347054.
Is WAYNE G BASLER CHARITABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to WAYNE G BASLER CHARITABLE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WAYNE G BASLER CHARITABLE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of WAYNE G BASLER CHARITABLE FOUNDATION 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 WAYNE G BASLER CHARITABLE FOUNDATION 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 WAYNE G BASLER CHARITABLE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does WAYNE G BASLER CHARITABLE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $741,021, expenses of $714,931 and total assets of $8,234,507 at year end.

Other nonprofits in KINGSPORT

All nonprofits in KINGSPORT · Tennessee · Philanthropy, voluntarism and grantmaking foundations