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Nonprofit · EIN 73-1256122

THE KERR FOUNDATION INC

Tax-exempt · OKLAHOMA CITY, OK 73120

Financials

$1.1M$1.6M2023$1.2M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of THE KERR FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,203,247$1,794,783-$591,536$21,675,452$62,568$21,612,884
December 31, 2023990-PF$1,084,300$1,591,749-$507,449$18,624,951$72,834$18,552,117
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$599,441
Interest
$6,294
Net gain from sales of assets
$576,520
Other income
$20,992

Expenses

Grants and similar amounts paid
$206,790
Compensation of officers, directors and key employees
$428,730
Salaries, compensation and benefits (total)
$147,660
Disbursements for charitable purposes
$1,200,759
Excise tax on investment income
$8,468

Balance sheet and other

Total assets, start of year
$18,624,951
Total assets, end of year
$21,675,452
Total liabilities, end of year
$62,568
Net assets, end of year
$21,612,884
Fair market value of assets
$25,734,573
Qualifying distributions
$1,200,759
Net investment income
$1,203,247

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 / weekCompensationOther / benefits
STEVEN S KERR
12501 N MAY AVENUE, OKLAHOMA CITY, OK 73120
CFO40$174,124$16,021
LAURA KERR
12501 N MAY AVENUE, OKLAHOMA CITY, OK 73120
PRESIDENT(BEGINNING 03/20/2024)40$167,623$16,021
CECILIA A MILLER
3108 CARLTON WAY, OKLAHOMA CITY, OK 73120
ADMINISTRATOR
Highest-paid employee
40$95,473$9,258
LOU KERR
12501 N MAY AVENUE, OKLAHOMA CITY, OK 73120
PRESIDENT(DECEASED 03/20/2024)2$45,176$4,536
CODY KERR
12501 N MAY AVENUE, OKLAHOMA CITY, OK 73120
TRUSTEE2$17,600$0
TAYLOR DILLARD
12501 N MAY AVENUE, OKLAHOMA CITY, OK 73120
TRUSTEE2$8,000$0
WILSON KERR
12501 N MAY AVENUE, OKLAHOMA CITY, OK 73120
TRUSTEE2$7,500$0
JACKSON OGLE
12501 N MAY AVENUE, OKLAHOMA CITY, OK 73120
TRUSTEE2$4,500$0
JAMES KERR
12501 N MAY AVENUE, OKLAHOMA CITY, OK 73120
TRUSTEE2$4,207$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
LOU C KERR
12501 N MAY AVENUE, OKLAHOMA CITY, OK 73120
PRESIDENT40$225,327$21,935
STEVEN S KERR
12501 N MAY AVENUE, OKLAHOMA CITY, OK 73120
VICE PRESIDENT AND TRUSTEE40$118,283$10,728
LAURA KERR
12501 N MAY AVENUE, OKLAHOMA CITY, OK 73120
VICE PRESIDENT/SECRETARY/T40$111,785$10,728
CECILIA A MILLER
3108 CARLTON WAY, OKLAHOMA CITY, OK 73120
ADMINISTRATOR
Highest-paid employee
40$90,152$8,770
CODY T KERR
12501 N MAY AVENUE, OKLAHOMA CITY, OK 73120
TRUSTEE2$17,600$0
WILSON KERR
12501 N MAY AVENUE, OKLAHOMA CITY, OK 73120
TRUSTEE2$8,000$0
TAYLOR DILLARD
12501 N MAY AVENUE, OKLAHOMA CITY, OK 73120
TRUSTEE2$8,000$0

Address and contacts

Address (IRS master file)
12501 N MAY AVE, OKLAHOMA CITY, OK 73120-1948
In care of
% ASC
Signed the 990-PF
STEVEN S KERR, CFO
Phone
(405) 749-2877
Return prepared by
ENGELBACH ROBERTS & CO PLLC

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
73-1256122
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
1986
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$21,675,452
Income (IRS master file)
$3,667,657

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,203,247$1,794,783$21,675,452IRS
990-PFDecember 2023$1,084,300$1,591,749$18,624,951XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 73-1256122).

Questions about THE KERR FOUNDATION INC

What is the EIN of THE KERR FOUNDATION INC?
The employer identification number (EIN) of THE KERR FOUNDATION INC is 73-1256122.
Is THE KERR FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to THE KERR FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE KERR FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THE KERR FOUNDATION INC 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 KERR FOUNDATION INC 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 KERR FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 9 people; 9 received compensation from the organization, the highest $174,124 (STEVEN S KERR, CFO).
How much revenue does THE KERR FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,203,247, expenses of $1,794,783 and total assets of $21,675,452 at year end.

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