Skip to main content

Nonprofit · EIN 72-1487356

THE WAILES FAMILY FOUNDATION

Tax-exempt · NEW ORLEANS, LA 70118

Financials

$2K$21K2023$6K$19K2024$10K$21K2025
Revenue Expenses · by fiscal year end
Financials of THE WAILES FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$10,483$20,788-$10,305$53,995$0$53,995
December 31, 2024990-PF$5,553$18,724-$13,171$64,300$0$64,300
December 31, 2023990-PF$1,614$21,062-$19,448$77,471$0$77,471
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$1,666
Interest
$8
Net gain from sales of assets
$8,799
Other income
$10

Expenses

Grants and similar amounts paid
$18,050
Disbursements for charitable purposes
$20,350
Excise tax on investment income
$139

Balance sheet and other

Total assets, start of year
$64,300
Total assets, end of year
$53,995
Total liabilities, end of year
$0
Net assets, end of year
$53,995
Fair market value of assets
$68,435
Qualifying distributions
$20,350
Net investment income
$10,473

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARTHA P WAILES
150 BROADWAY APT 1201, NEW ORLEANS, LA 70118
PRES/TREAS/S0$0
ANN W SINNOTT
150 BROADWAY APT 1201, NEW ORLEANS, LA 70118
DIRECTOR0$0
ROBERT P WAILES III
150 BROADWAY APT 1201, NEW ORLEANS, LA 70118
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
MARTHA P WAILES
150 BROADWAY APT 1201, NEW ORLEANS, LA 70118
PRES/TREAS/S0$0
ANN W SINNOTT
150 BROADWAY APT 1201, NEW ORLEANS, LA 70118
DIRECTOR0$0
ROBERT P WAILES III
150 BROADWAY APT 1201, NEW ORLEANS, LA 70118
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
ROBERT P WAILES
150 BROADWAY APT 1201, NEW ORLEANS, LA 70118
PRES./TREAS.0$0
MARTHA P WAILES
150 BROADWAY APT 1201, NEW ORLEANS, LA 70118
SECRETARY/DI0$0
ANN W SINNOTT
150 BROADWAY APT 1201, NEW ORLEANS, LA 70118
DIRECTOR0$0
ROBERT P WAILES III
150 BROADWAY APT 1201, NEW ORLEANS, LA 70118
DIRECTOR0$0

Address and contacts

Address (IRS master file)
150 BROADWAY ST APT 1201, NEW ORLEANS, LA 70118-7613
In care of
% ROBERT PRESTON WAILES JR
Signed the 990-PF
MARTHA P WAILES, PRES/TREAS/SECTY/DIR
Phone
(504) 524-0770
Return prepared by
CAPFINANCIAL PARTNERS LLC

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
72-1487356
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
2000
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$53,995
Income (IRS master file)
$55,188

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$10,483$20,788$53,995XML
990-PFDecember 2024$5,553$18,724$64,300XML
990-PFDecember 2023$1,614$21,062$77,471XML
990-PFDecember 2022–––IRS
990-PFDecember 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 72-1487356).

Questions about THE WAILES FAMILY FOUNDATION

What is the EIN of THE WAILES FAMILY FOUNDATION?
The employer identification number (EIN) of THE WAILES FAMILY FOUNDATION is 72-1487356.
Is THE WAILES FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to THE WAILES FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE WAILES FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE WAILES FAMILY FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE WAILES FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of THE WAILES FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does THE WAILES FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $10,483, expenses of $20,788 and total assets of $53,995 at year end.

Other nonprofits in NEW ORLEANS

All nonprofits in NEW ORLEANS · Louisiana · Philanthropy, voluntarism and grantmaking foundations