Nonprofit · EIN 68-0544144
THE POSEY FAMILY FOUNDATION
Tax-exempt · PEBBLE BEACH, CA 93953
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $445,314 | $395,385 | $49,929 | $4,298,774 | $2,867 | $4,295,907 |
| December 31, 2023 | 990-PF | $416,475 | $423,605 | -$7,130 | $4,339,895 | $21,062 | $4,318,833 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $6,123
- Dividends
- $130,732
- Interest
- $55
- Net gain from sales of assets
- $303,204
- Other income
- $5,200
Expenses
- Grants and similar amounts paid
- $385,135
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $390,040
- Excise tax on investment income
- $6,093
Balance sheet and other
- Total assets, start of year
- $4,339,895
- Total assets, end of year
- $4,298,774
- Total liabilities, end of year
- $2,867
- Net assets, end of year
- $4,295,907
- Fair market value of assets
- $10,910,793
- Qualifying distributions
- $390,040
- Net investment income
- $439,191
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERNEST M POSEY 930 CORAL DR, PEBBLE BEACH, CA 93953 | CEO & CFO | 1 | $0 |
| GUNDE POSEY 930 CORAL DR, PEBBLE BEACH, CA 93953 | SECRETARY | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERNEST M POSEY 2025 BRAEBURN RD, ALTADENA, CA 91001 | CEO & CFO | 1 | $0 |
| GUNDE POSEY 2025 BRAEBURN RD, ALTADENA, CA 91001 | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 930 CORAL DR, PEBBLE BEACH, CA 93953-2503
- In care of
- % ERNEST POSEY
- Signed the 990-PF
- ERNEST M POSEY, CEO
- Phone
- (626) 272-6440
- Return prepared by
- EAG PASADENA LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 68-0544144 or by the name THE POSEY FAMILY FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
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 | Not 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
- 68-0544144
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $4,298,774
- Income (IRS master file)
- $532,120
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $445,314 | $395,385 | $4,298,774 | IRS |
| 990-PF | December 2023 | $416,475 | $423,605 | $4,339,895 | 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 68-0544144).
Questions about THE POSEY FAMILY FOUNDATION
- What is the EIN of THE POSEY FAMILY FOUNDATION?
- The employer identification number (EIN) of THE POSEY FAMILY FOUNDATION is 68-0544144.
- Is THE POSEY FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to THE POSEY FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE POSEY FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE POSEY FAMILY 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 THE POSEY FAMILY 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 THE POSEY FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does THE POSEY FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $445,314, expenses of $395,385 and total assets of $4,298,774 at year end.
Other nonprofits in PEBBLE BEACH
- EDEN8 FOUNDATION EIN 33-1884442 · last filed 990-PF for 2025
- PEBBLE BEACH COMPANY FOUNDATION EIN 51-0189888 · last filed 990 for 2024
- MORSE FOUNDATION EIN 47-1592912 · last filed 990 for 2025
- SUN-YING FAMILY FOUNDATION EIN 87-2982471 · last filed 990-PF for 2025
- FRANK AND JUDITH MARSHALL FOUNDATION EIN 26-1225726 · last filed 990-PF for 2025
- TYLER FOUNDATION EIN 20-8060820 · last filed 990-PF for 2024
- WILLIAMSON FOUNDATION EIN 20-2468781 · last filed 990-PF for 2025
- INSTITUTE FOR LEADERSHIP TRUST EIN 46-1617644 · last filed 990-PF for 2025
All nonprofits in PEBBLE BEACH · California · Philanthropy, voluntarism and grantmaking foundations