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Nonprofit · EIN 73-1256123

ROBERT S & GRAYCE B KERR FOUNDATION INC

Tax-exempt · OKLAHOMA CITY, OK 73154

Financials

$1.1M$2M2023$4.5M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of ROBERT S & GRAYCE B KERR FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$4,514,224$1,524,164$2,990,060$22,863,266$0$22,863,266
December 31, 2023990-PF$1,071,264$1,998,244-$926,980$19,752,974$0$19,752,974
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$332,561
Interest
$60,964
Net gain from sales of assets
$4,113,709
Other income
$6,990

Expenses

Grants and similar amounts paid
$1,025,000
Compensation of officers, directors and key employees
$176,993
Salaries, compensation and benefits (total)
$95,989
Disbursements for charitable purposes
$1,322,628
Excise tax on investment income
$59,904

Balance sheet and other

Total assets, start of year
$19,752,974
Total assets, end of year
$22,863,266
Total liabilities, end of year
$0
Net assets, end of year
$22,863,266
Fair market value of assets
$33,466,458
Qualifying distributions
$1,322,628
Net investment income
$4,510,473

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MARA KERR
PO BOX 54917, OKLAHOMA CITY, OK 73154
SECRETARY/TREASURER30$54,167$41,243
GRAYCEN MASHBURN
PO BOX 54917, OKLAHOMA CITY, OK 73154
INTERIM PRESIDENT10$27,083$54,499
NANCY KERR
PO BOX 54917, OKLAHOMA CITY, OK 73154
DIRECTOR1$0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationOther / benefits
MARA KERR
PO BOX 54917, OKLAHOMA CITY, OK 73154
SECRETARY/ TREASURER30$50,000$5,000
KAVAR KERR
PO BOX 54917, OKLAHOMA CITY, OK 73154
PRESIDENT30$43,750$4,375
GRAYCEN MASHBURN
PO BOX 54917, OKLAHOMA CITY, OK 73154
VICE CHAIRMAN10$25,000$2,500
WILLIAM G KERR
PO BOX 54917, OKLAHOMA CITY, OK 73154
CHAIRMAN5$0$0
NANCY KERR
PO BOX 54917, OKLAHOMA CITY, OK 73154
DIRECTOR1$0$0

Address and contacts

Address (IRS master file)
PO BOX 54917, OKLAHOMA CITY, OK 73154-1917
Signed the 990-PF
MARA KERR, SECRETARY/TREASURER
Phone
(405) 924-1210
Return prepared by
HOGANTAYLOR 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
73-1256123
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
1999
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$22,863,266
Income (IRS master file)
$9,269,148

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$4,514,224$1,524,164$22,863,266XML
990-TDecember 2024–––IRS
990-PFDecember 2023$1,071,264$1,998,244$19,752,974XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 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 73-1256123).

Questions about ROBERT S & GRAYCE B KERR FOUNDATION INC

What is the EIN of ROBERT S & GRAYCE B KERR FOUNDATION INC?
The employer identification number (EIN) of ROBERT S & GRAYCE B KERR FOUNDATION INC is 73-1256123.
Is ROBERT S & GRAYCE B KERR FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to ROBERT S & GRAYCE B KERR FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ROBERT S & GRAYCE B KERR FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of ROBERT S & GRAYCE B 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 ROBERT S & GRAYCE B 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 ROBERT S & GRAYCE B KERR FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 3 people; 2 received compensation from the organization, the highest $54,167 (MARA KERR, SECRETARY/TREASURER).
How much revenue does ROBERT S & GRAYCE B KERR FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,514,224, expenses of $1,524,164 and total assets of $22,863,266 at year end.

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