Nonprofit · EIN 81-2609281
GIFT OF GRATITUDE MCDERMOTT FOUNDATION
Tax-exempt · SARATOGA SPGS, UT 84045
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $297,811 | $233,344 | $64,467 | $429,228 | $0 | $429,228 |
| December 31, 2024 | 990-PF | $193,289 | $252,900 | -$59,611 | $416,139 | $0 | $416,139 |
| December 31, 2023 | 990-PF | $277,685 | $185,671 | $92,014 | $475,750 | $0 | $475,750 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $227,128
- Dividends
- $30,509
- Interest
- $140
- Net gain from sales of assets
- $36,817
- Other income
- $3,217
Expenses
- Grants and similar amounts paid
- $0
- Disbursements for charitable purposes
- $225,068
- Excise tax on investment income
- $982
Balance sheet and other
- Total assets, start of year
- $416,139
- Total assets, end of year
- $429,228
- Total liabilities, end of year
- $0
- Net assets, end of year
- $429,228
- Fair market value of assets
- $429,228
- Qualifying distributions
- $225,068
- Net investment income
- $70,683
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS MCDERMOTT 719 W SARA DR, SARATOGA SPRINGS, UT 84045 | PRESIDENT | 20 | $0 |
| LORIE MCDERMOTT 719 W SARA DR, SARATOGA SPRINGS, UT 84045 | SECRETARY/TR | 4 | $0 |
| RYLEE MCDERMOTT 3226 W 2400 N, LEHI, UT 84043 | DIRECTOR | 0.5 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS MCDERMOTT PO BOX 777368, HENDERSON, NV 89077 | PRESIDENT | 20 | $0 |
| LORIE MCDERMOTT PO BOX 777368, HENDERSON, NV 89077 | SECRETARY/TR | 4 | $0 |
| RYLEE MCDERMOTT 3226 W 2400 N, LEHI, UT 84043 | DIRECTOR | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS MCDERMOTT PO BOX 777368, HENDERSON, NV 89077 | PRESIDENT | 20 | $0 |
| LORIE MCDERMOTT PO BOX 777368, HENDERSON, NV 89077 | SECRETARY/TR | 4 | $0 |
| RYLEE MCDERMOTT 3226 W 2400 N, LEHI, UT 84043 | DIRECTOR | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 719 W SARA DR, SARATOGA SPGS, UT 84045-5781
- In care of
- % DOUGLAS MCDERMOTT
- Signed the 990-PF
- DOUGLAS MCDERMOTT, PRESIDENT
- Phone
- (916) 997-5496
- Return prepared by
- WOLFF & COMPANY
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 | 990-PF 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
- 81-2609281
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $429,228
- Income (IRS master file)
- $675,836
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $297,811 | $233,344 | $429,228 | IRS |
| 990-PF | December 2024 | $193,289 | $252,900 | $416,139 | IRS |
| 990-PF | December 2023 | $277,685 | $185,671 | $475,750 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 81-2609281).
Questions about GIFT OF GRATITUDE MCDERMOTT FOUNDATION
- What is the EIN of GIFT OF GRATITUDE MCDERMOTT FOUNDATION?
- The employer identification number (EIN) of GIFT OF GRATITUDE MCDERMOTT FOUNDATION is 81-2609281.
- Is GIFT OF GRATITUDE MCDERMOTT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to GIFT OF GRATITUDE MCDERMOTT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does GIFT OF GRATITUDE MCDERMOTT FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GIFT OF GRATITUDE MCDERMOTT FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GIFT OF GRATITUDE MCDERMOTT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of GIFT OF GRATITUDE MCDERMOTT FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does GIFT OF GRATITUDE MCDERMOTT FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $297,811, expenses of $233,344 and total assets of $429,228 at year end.
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