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Nonprofit · EIN 62-1614800

EASTMAN FOUNDATION

Tax-exempt · KINGSPORT, TN 37662

Financials

$331K$2.1M2023$898K$738K2024
Revenue Expenses · by fiscal year end
Financials of EASTMAN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$898,009$737,629$160,380$1,828,860$1,383,312$445,548
December 31, 2023990-PF$330,904$2,113,036-$1,782,132$2,173,480$1,888,312$285,168
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$714,886
Dividends
$183,123

Expenses

Grants and similar amounts paid
$689,885
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$329,885
Excise tax on investment income
$2,064

Balance sheet and other

Total assets, start of year
$2,173,480
Total assets, end of year
$1,828,860
Total liabilities, end of year
$1,383,312
Net assets, end of year
$445,548
Fair market value of assets
$4,815,211
Qualifying distributions
$329,885
Net investment income
$183,123

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
KRISTI BENNETT
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
FORMER CORPORATE SECRETARY0.25$0
PAULA BULCAO
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
EXECUTIVE DIRECTOR15$0
KELLYE WALKER
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
DIRECTOR0.25$0
WILLIE MCLAIN
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
DIRECTOR & PRESIDENT0.25$0
STEVE G CRAWFORD
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
DIRECTOR0.25$0
GREGORY A RIDDLE
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
DIRECTOR0.25$0
MICHELLE CAVENESS
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
DIRECTOR0.25$0
LAURA DURBIN
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
CORPORATE SECRETARY AS OF 12/17/240.25$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
KRISTI BENNETT
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
CORPORATE SECRETARY0.25$0
PAULA BULCAO
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
EXECUTIVE DIRECTOR15$0
KELLYE WALKER
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
DIRECTOR0.25$0
WILLIE MCLAIN
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
DIRECTOR & PRESIDENT0.25$0
STEVE G CRAWFORD
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
DIRECTOR0.25$0
GREGORY A RIDDLE
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
DIRECTOR0.25$0
MICHELLE CAVENESS
C/O EASTMAN CHEMICAL CO CORP, BUSINESS CENTER 200 S WILCOX DR, KINGSPORT, TN 37660
DIRECTOR0.25$0

Address and contacts

Address (IRS master file)
PO BOX 431, KINGSPORT, TN 37662-0431
In care of
% JPMORGAN CHASE BANK NA
Signed the 990-PF
PAULA BULCAO, EXECUTIVE DIRECTOR
Phone
(423) 229-6407
Return prepared by
BROWN EDWARDS & COMPANY 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
62-1614800
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
1995
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,828,860
Income (IRS master file)
$898,009

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$898,009$737,629$1,828,860IRS
990-PFDecember 2023$330,904$2,113,036$2,173,480XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 62-1614800).

Questions about EASTMAN FOUNDATION

What is the EIN of EASTMAN FOUNDATION?
The employer identification number (EIN) of EASTMAN FOUNDATION is 62-1614800.
Is EASTMAN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to EASTMAN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does EASTMAN FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of EASTMAN 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 EASTMAN 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 EASTMAN FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does EASTMAN FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $898,009, expenses of $737,629 and total assets of $1,828,860 at year end.

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