Nonprofit · EIN 81-2771871
CHARITYVEST INC
Tax-exempt · FAIRFIELD, CT 06824
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $113,380,722 | $52,603,302 | $60,777,420 | $103,373,166 | $200,542 | $103,172,624 |
| December 31, 2023 | 990 | $43,631,271 | $32,292,862 | $11,338,409 | $40,124,566 | $47,743 | $40,076,823 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $111,895,516
- Program service revenue
- $0
- Investment income
- $1,485,206
- Net gain from sales of assets
- $714
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $51,791,362
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $62,102
- Depreciation
- $12,138
- Program services (functional)
- $52,529,062
- Management and general (functional)
- $74,240
Balance sheet and other
- Total assets, start of year
- $40,124,566
- Total assets, end of year
- $103,373,166
- Total liabilities, end of year
- $200,542
- Net assets, end of year
- $103,172,624
- Net assets without donor restrictions
- $103,172,624
- Gross receipts
- $130,726,135
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2016
- State of legal domicile
- GA
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 |
|---|---|---|---|
| STEPHEN KUMP | PRESIDENT Trustee or director, Officer | 40 | $0 |
| NATE WONG | DIRECTOR Trustee or director | 1 | $0 |
| PAUL GLYER | CHARIMAN Trustee or director | 1 | $0 |
| HEATHER GRIZZLE | DIRECTOR Trustee or director | 1 | $0 |
| PAURVI BHATT | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN KUMP | CHAIRMAN Trustee or director, Officer | 40 | $0 |
| BLAIR CUNNINGHAM | TREASURER Trustee or director | 1 | $0 |
| NATE WONG | DIRECTOR Trustee or director | 1 | $0 |
| PAUL GLYER | SECRETARY Trustee or director | 1 | $0 |
| HEATHER GRIZZLE | DIRECTOR Trustee or director | 1 | $0 |
| BRITTAN BERRY | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 55 WALLS DR STE 302, FAIRFIELD, CT 06824-5163
- In care of
- % FOUNDATION SOURCE
- Mailing address (990-N for 2018)
- 1200 ASHWOOD PKWY SUITE 140, Atlanta GA 30338
- Principal officer (990 for 2024)
- STEPHEN KUMP, 55 Walls Drive Suite 302, Fairfield, CT 06824
- Principal officer (990-N for 2018)
- Stephen Kump, 1200 Ashwood Pkwy, Suite 140, Atlanta GA 30338
- Signed the 990
- STEPHEN KUMP, PRESIDENT
- Phone
- (404) 538-6170
- Website
- www.charityvest.org
- Return prepared by
- SMITH & HOWARD ADVISORY LLC
Mission
CHARITYVEST, INC. IS A MODERN DONOR-ADVISED FUND SPONSORING ORGANIZATION WITH THE MISSION OF MAKING GIVING SIMPLE FOR EVERY DONOR AND CHARITY, BECAUSE A GENEROUS LIFE IS A BETTER LIFE. WE BELIEVE THAT GIVING SHOULD BE ACCESSIBLE, ENABLING INDIVIDUALS TO MAKE GENEROSITY AN INTEGRATED PART OF THEIR DAILY FINANCIAL LIVES. WE BELIEVE THAT GIVING SHOULD BE EASY, FREE OF TRADITIONAL BARRIERS WHICH HOLD US BACK FROM BEING OUR MOST GENEROUS SELVES. WE BELIEVE THAT GIVING SHOULD BE FOR EVERYONE, GIVING FUNDS THAT ARE SCALABLE AND MAKE INTENTIONAL GIVING FAST, FRICTIONLESS, AND FREE TO PARTICIPATE.
Program accomplishments
- ADVANCE AND IMPROVE CHARITABLE RESOURCE DEPLOYMENT AND BE A SPONSORING ORGANIZATION FOR DONOR ADVISED FUNDS. THIS INCLUDES DEVELOPING AND MAINTAINING AN ONLINE PLATFORM FOR CHARITABLE GIVING TO MEET THE NEEDS OF A WIDE RANGE OF DONORS AND TO PROVIDE TOOLS AND SERVICES FOR THOSE DONORS TO ENHANCE THEIR GIVING. AS PART OF THE ONLINE PLATFORM, THE ORGANIZATION has developed a portfolio of tools THAT MAKES THE PROCESS AND DECISIONS OF CHARITABLE GIVING EASIER.Expenses $52,529,062 · grants $51,791,362
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
- 81-2771871
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $103,373,166
- Income (IRS master file)
- $130,726,135
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $113,380,722 | $52,603,302 | $103,373,166 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $43,631,271 | $32,292,862 | $40,124,566 | IRS |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $32,960,498 | $20,062,431 | $28,749,604 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: Stephen Kump | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
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 81-2771871).
Questions about CHARITYVEST INC
- What is the EIN of CHARITYVEST INC?
- The employer identification number (EIN) of CHARITYVEST INC is 81-2771871.
- Is CHARITYVEST INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to CHARITYVEST INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHARITYVEST INC 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 CHARITYVEST 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 CHARITYVEST INC 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 CHARITYVEST INC?
- The 990 for the year ended December 31, 2024 names STEPHEN KUMP.
- Who are the officers and directors of CHARITYVEST INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does CHARITYVEST INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $113,380,722, expenses of $52,603,302 and total assets of $103,373,166 at year end.
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All nonprofits in FAIRFIELD · Connecticut · Philanthropy, voluntarism and grantmaking foundations