Nonprofit · EIN 65-6276425
FRANK B FAY III SCHOLARSHIP FOUNDATION 44405846
Tax-exempt · SARASOTA, FL 34236
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $84,064 | $70,556 | $13,508 | $757,683 | $0 | $757,683 |
| August 31, 2024 | 990 | $145,040 | $63,760 | $81,280 | $744,175 | $0 | $744,175 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $84,064
- Net gain from sales of assets
- $56,551
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $40,000
- Compensation of officers, directors and key employees
- $25,343
- Salaries, compensation and benefits (total)
- $25,343
- Professional fundraising fees
- $0
- Accounting fees
- $800
- Program services (functional)
- $40,000
- Management and general (functional)
- $30,556
Balance sheet and other
- Total assets, start of year
- $744,175
- Total assets, end of year
- $757,683
- Total liabilities, end of year
- $0
- Net assets, end of year
- $757,683
- Publicly traded securities
- $615,587
- Gross receipts
- $154,138
- Employees
- 0
- Year formed
- 1998
- State of legal domicile
- FL
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 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Caldwell Trust Company | Trustee Institutional trustee | 1 | $25,343 |
990 for the year ended August 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Caldwell Trust Company | Trustee Institutional trustee | 1 | $22,090 |
Address and contacts
- Address (IRS master file)
- 27 S ORANGE AVE, SARASOTA, FL 34236-5822
- In care of
- % NORTHERN TRUST BANK OF FLORIDA NA
- Signed the 990
- Caldwell Trust Company, Trustee
- Phone
- (941) 926-9336
- Return prepared by
- GOAR ENDRISS & WALKER PA
Mission
To support Kinnelon High School through scholarships
Program accomplishments
- To support Kinnelon High School in scholarshipsExpenses $40,000 · grants $40,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 65-6276425
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2001
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $757,683
- Income (IRS master file)
- $154,138
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $84,064 | $70,556 | $757,683 | IRS |
| 990 | August 2024 | $145,040 | $63,760 | $744,175 | IRS |
| 990 | August 2023 | $44,589 | $55,125 | $662,895 | IRS |
| 990 | August 2022 | $51,992 | $62,296 | $673,431 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | 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 65-6276425).
Questions about FRANK B FAY III SCHOLARSHIP FOUNDATION 44405846
- What is the EIN of FRANK B FAY III SCHOLARSHIP FOUNDATION 44405846?
- The employer identification number (EIN) of FRANK B FAY III SCHOLARSHIP FOUNDATION 44405846 is 65-6276425.
- Is FRANK B FAY III SCHOLARSHIP FOUNDATION 44405846 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to FRANK B FAY III SCHOLARSHIP FOUNDATION 44405846 tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FRANK B FAY III SCHOLARSHIP FOUNDATION 44405846 file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FRANK B FAY III SCHOLARSHIP FOUNDATION 44405846 due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRANK B FAY III SCHOLARSHIP FOUNDATION 44405846 last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who are the officers and directors of FRANK B FAY III SCHOLARSHIP FOUNDATION 44405846?
- The 990 for the year ended August 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $25,343 (Caldwell Trust Company, Trustee).
- How much revenue does FRANK B FAY III SCHOLARSHIP FOUNDATION 44405846 have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $84,064, expenses of $70,556 and total assets of $757,683 at year end.
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