Nonprofit · EIN 81-0581479
DAVID FOSTER FOUNDATION
Tax-exempt · GILBERT, AZ 85296
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,135,598 | $5,265,920 | -$130,322 | $5,502,569 | $4,173,397 | $1,329,172 |
| December 31, 2023 | 990 | $1,844,828 | $1,954,315 | -$109,487 | $2,741,242 | $1,234,721 | $1,506,521 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $987,146
- Program service revenue
- $0
- Investment income
- $66,138
- Net income from fundraising events
- $4,082,314
- Other revenue
- $4,082,314
Expenses
- Grants and similar amounts paid
- $4,992,096
- Compensation of officers, directors and key employees
- $204,750
- Salaries, compensation and benefits (total)
- $233,192
- Professional fundraising fees
- $0
- Accounting fees
- $5,000
- Travel
- $3,148
- Program services (functional)
- $4,992,096
- Management and general (functional)
- $142,912
- Fundraising (functional)
- $130,912
Balance sheet and other
- Total assets, start of year
- $2,741,242
- Total assets, end of year
- $5,502,569
- Total liabilities, end of year
- $4,173,397
- Net assets, end of year
- $1,329,172
- Gross receipts
- $5,135,598
- Employees
- 0
- Year formed
- 2002
- State of legal domicile
- CA
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL RAVENHILL | CEO Trustee or director, Officer | 40 | $585,000 | $12,000 |
| DAVID FOSTER | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL RAVENHILL | CEO Trustee or director, Officer | 40 | $410,000 | $12,000 |
| DAVID FOSTER | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1366 S PECAN ST, GILBERT, AZ 85296-7811
- In care of
- % GELFAND RENNERT & FELDMAN L
- Principal officer (990 for 2024)
- MICHAEL RAVENHILL, 1880 CENTURY PARK EAST 1600, LOS ANGELES, CA 90067
- Signed the 990
- MICHAEL RAVENHILL, CEO
- Phone
- (310) 954-1050
- Return prepared by
- GELFAND RENNERT & FELDMAN LLC
Mission
THE FOUNDATION IS COMMITTED TO INCREASING PUBLIC AWARENESS AND EDUCATION IN BECOMING A REGISTERED ORGAN DONOR IN THE UNITED STATES AND IN DEVELOPING PARTNERSHIPS WITH ORGANIZATIONS AND PEOPLE THAT SHARE THE SAME GOAL.
Program accomplishments
- GRANT TO THE DAVID FOSTER FOUNDATION CANADA. FUNDS ARE USED TO CARRY OUT THE MISSION OF THE ORGANIZATION - TO ASSIST FAMILIES WHO ARE IN NEED OF FINANCIAL SUPPORT DUE TO A CHILD IN NEED OF AN ORGAN DONATION AS WELL AS INCREASING PUBLIC AWARENESS OF THE IMPORTANCE OF BECOMING AN ORGAN DONOR.Expenses $4,992,096 · grants $4,992,096
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0581479
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E11)
- Assets (IRS master file)
- $5,502,569
- Income (IRS master file)
- $5,135,598
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,135,598 | $5,265,920 | $5,502,569 | IRS |
| 990 | December 2023 | $1,844,828 | $1,954,315 | $2,741,242 | XML |
| 990 | December 2022 | $601,069 | $714,604 | $2,183,484 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 81-0581479).
Questions about DAVID FOSTER FOUNDATION
- What is the EIN of DAVID FOSTER FOUNDATION?
- The employer identification number (EIN) of DAVID FOSTER FOUNDATION is 81-0581479.
- Is DAVID FOSTER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to DAVID FOSTER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DAVID FOSTER FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DAVID FOSTER 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 DAVID FOSTER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DAVID FOSTER FOUNDATION?
- The 990 for the year ended December 31, 2024 names MICHAEL RAVENHILL.
- Who are the officers and directors of DAVID FOSTER FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 2 people; 1 received compensation from the organization, the highest $585,000 (MICHAEL RAVENHILL, CEO).
- How much revenue does DAVID FOSTER FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,135,598, expenses of $5,265,920 and total assets of $5,502,569 at year end.
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