Nonprofit · EIN 77-0549392
SUSAN & BRUCE WORSTER FOUNDATION
Tax-exempt · MONTECITO, CA 93108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $232,752 | $362,824 | -$130,072 | $4,196,034 | $0 | $4,196,034 |
| December 31, 2023 | 990-PF | $225,441 | $346,228 | -$120,787 | $4,326,106 | $0 | $4,326,106 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $133,370
- Dividends
- $68,184
- Interest
- $37,242
- Net gain from sales of assets
- -$23,654
- Other income
- $17,610
Expenses
- Grants and similar amounts paid
- $304,300
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $315,151
- Excise tax on investment income
- $1,026
Balance sheet and other
- Total assets, start of year
- $4,326,106
- Total assets, end of year
- $4,196,034
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,196,034
- Fair market value of assets
- $6,245,363
- Qualifying distributions
- $315,151
- Net investment income
- $122,644
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 |
|---|---|---|---|
| BRUCE WORSTER 456 CROCKER SPERRY DRIVE, MONTECITO, CA 931082213 | PRESIDENT & DIRECTOR | 1 | $0 |
| SUSAN WORSTER 456 CROCKER SPERRY DRIVE, MONTECITO, CA 931082213 | SECRETARY (THRU 06/24) & DIRECTOR | 1 | $0 |
| BRIAN LODGE WORSTER 4356 HAYMAN AVENUE, LA CANADA FLINTRIDGE, CA 91011 | CHIEF FINANCIAL OFFICER & DIRECTOR | 1 | $0 |
| SARA WORSTER ELKIN 195 ALVARADO AVENUE, LOS ALTOS, CA 94022 | SECRETARY (AS OF 06/24) & DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE WORSTER 456 CROCKER SPERRY DRIVE, MONTECITO, CA 931082213 | PRESIDENT | 1 | $0 |
| SUSAN WORSTER 456 CROCKER SPERRY DRIVE, MONTECITO, CA 931082213 | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 456 CROCKER SPERRY DR, MONTECITO, CA 93108-2213
- In care of
- % SUSAN WORSTER
- Signed the 990-PF
- BRUCE WORSTER, OFFICER
- Phone
- (650) 815-6354
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
California records
California keeps its own records of charities and corporations. Search them by EIN 77-0549392 or by the name SUSAN & BRUCE WORSTER 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
- 77-0549392
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $4,196,034
- Income (IRS master file)
- $1,162,587
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $232,752 | $362,824 | $4,196,034 | XML |
| 990-PF | December 2023 | $225,441 | $346,228 | $4,326,106 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 77-0549392).
Questions about SUSAN & BRUCE WORSTER FOUNDATION
- What is the EIN of SUSAN & BRUCE WORSTER FOUNDATION?
- The employer identification number (EIN) of SUSAN & BRUCE WORSTER FOUNDATION is 77-0549392.
- Is SUSAN & BRUCE WORSTER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to SUSAN & BRUCE WORSTER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SUSAN & BRUCE WORSTER FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SUSAN & BRUCE WORSTER 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 SUSAN & BRUCE WORSTER 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 SUSAN & BRUCE WORSTER FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does SUSAN & BRUCE WORSTER FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $232,752, expenses of $362,824 and total assets of $4,196,034 at year end.
Other nonprofits in MONTECITO
- BLASER FOUNDATION FOR MEDICAL AND SCIENTIFIC RESEARCH EIN 92-0279527 · last filed 990-PF for 2024
- GREEN GALS FAMILY FOUNDATION EIN 92-3069352 · last filed 990-PF for 2025
- DIANDRA DE MORRELL DOUGLAS FOUNDATION EIN 95-4688616 · last filed 990-PF for 2024
- PRIORY FUND EIN 27-4014193 · last filed 990-PF for 2024
- GREENE FAMILY FOUNDATION EIN 95-4626056 · last filed 990-PF for 2025
- BELLOWE FAMILY FOUNDATION EIN 77-0456981 · last filed 990-PF for 2025
- SUSAN AND SCOT MILCHMAN FAMILY FOUNDATION EIN 85-4096057 · last filed 990-PF for 2025
- BAINS FAMILY FOUNDATION EIN 20-0976519 · last filed 990-PF for 2025
All nonprofits in MONTECITO · California · Philanthropy, voluntarism and grantmaking foundations