Nonprofit · EIN 77-0650416
HANK WILLOUGHBY SCHOLARSHIP FOUNDATION INC
Tax-exempt · MILLSBORO, DE 19966
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $523,093 | $199,563 | $323,530 | $4,583,846 | $0 | $4,583,846 |
| December 31, 2023 | 990-PF | $514,117 | $270,115 | $244,002 | $4,153,196 | $0 | $4,153,196 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $219,215
- Dividends
- $282,438
- Interest
- $19,434
- Other income
- $2,006
Expenses
- Grants and similar amounts paid
- $190,013
- Disbursements for charitable purposes
- $190,013
- Excise tax on investment income
- $4,132
Balance sheet and other
- Total assets, start of year
- $4,153,196
- Total assets, end of year
- $4,583,846
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,583,846
- Fair market value of assets
- $4,583,846
- Qualifying distributions
- $190,013
- Net investment income
- $301,872
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 |
|---|---|---|---|
| ROBERT V PRICE JR 29383 ANDREW JACKSON DRIVE, MILLSBORO, DE 19966 | PRESIDENT | 0 | $0 |
| JANE GROVE 4705 DUFFIELD ROAD, WHITE PLAINS, MD 20695 | VICE PRESIDE | 0 | $0 |
| CHRISTOPHER SIMPSON POST OFFICE BOX 2121, LA PLATA, MD 20646 | TRESURER | 0 | $0 |
| KATHRYN M ZABRISKIE 9015 KATIE COURT, PORT TOBACCO, MD 20677 | SECRETARY | 0 | $0 |
| SHARON WALTER 10303 BLUET TERRACE, BRENTWOOD, MD 20722 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT V PRICE JR 29383 ANDREW JACKSON DRIVE, MILLSBORO, DE 19966 | PRESIDENT | 0.5 | $0 |
| JANE GROVE 4705 DUFFIELD ROAD, WHITE PLAINS, MD 20695 | VICE PRESIDE | 0.5 | $0 |
| ARNOLD L YOCHELSON JUDGE 2450 FENWICK CIRCLE, BRYANS ROAD, MD 20616 | TRESURER | 0.5 | $0 |
| KATHRYN M ZABRISKIE 9015 KATIE COURT, PORT TOBACCO, MD 20677 | SECRETARY | 0.5 | $0 |
| SHARON WALTER 10303 BLUET TERRACE, BRENTWOOD, MD 20722 | DIRECTOR | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 29383 ANDREW JACKSON DR, MILLSBORO, DE 19966-8244
- In care of
- % ROBERT V PRICE JR
- Signed the 990-PF
- ROBERT V PRICE JR, PRESIDENT
- Phone
- (301) 752-2155
- Return prepared by
- PESANTE CLOSE 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 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
- 77-0650416
- 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
- 2005
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $4,583,846
- Income (IRS master file)
- $523,093
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $523,093 | $199,563 | $4,583,846 | XML |
| 990-PF | December 2023 | $514,117 | $270,115 | $4,153,196 | 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 77-0650416).
Questions about HANK WILLOUGHBY SCHOLARSHIP FOUNDATION INC
- What is the EIN of HANK WILLOUGHBY SCHOLARSHIP FOUNDATION INC?
- The employer identification number (EIN) of HANK WILLOUGHBY SCHOLARSHIP FOUNDATION INC is 77-0650416.
- Is HANK WILLOUGHBY SCHOLARSHIP FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to HANK WILLOUGHBY SCHOLARSHIP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HANK WILLOUGHBY SCHOLARSHIP FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HANK WILLOUGHBY SCHOLARSHIP 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 HANK WILLOUGHBY SCHOLARSHIP 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 HANK WILLOUGHBY SCHOLARSHIP FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does HANK WILLOUGHBY SCHOLARSHIP FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $523,093, expenses of $199,563 and total assets of $4,583,846 at year end.
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