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Nonprofit · EIN 82-2237275

RICHARD B SHORTEN FAMILY FOUNDATION INC

Tax-exempt · FREDERICK, MD 21701

Financials

$0$1472022$0$182023$4.8M$94K2024$651K$162K2025
Revenue Expenses · by fiscal year end
Financials of RICHARD B SHORTEN FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$651,234$162,314$488,920$3,328,680$0$3,328,680
December 31, 2024990-PF$4,805,832$93,727$4,712,105$2,895,770$0$2,895,770
December 31, 2023990-PF$0$18-$18$2,668$0$2,668
December 31, 2022990-PF$0$147-$147$2,686$0$2,686
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$500,000
Dividends
$79,588
Interest
$785
Net gain from sales of assets
$70,861

Expenses

Grants and similar amounts paid
$120,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$120,000
Excise tax on investment income
$1,514

Balance sheet and other

Total assets, start of year
$2,895,770
Total assets, end of year
$3,328,680
Total liabilities, end of year
$0
Net assets, end of year
$3,328,680
Fair market value of assets
$3,412,921
Qualifying distributions
$120,000
Net investment income
$151,234

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.

NameTitleHours / weekCompensation
RICHARD SHORTEN
365 W PATRICK ST, FREDERICK, MD 21701
DIRECTOR1$0
MICHAEL A MCGINLEY
365 W PATRICK ST, FREDERICK, MD 21701
DIRECTOR1$0
CRISTINE LOVETRO
365 W PATRICK ST, FREDERICK, MD 21701
DIRECTOR1$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
RICHARD SHORTEN
365 W PATRICK ST, FREDERICK, MD 21701
DIRECTOR1$0
MICHAEL A MCGINLEY
365 W PATRICK ST, FREDERICK, MD 21701
DIRECTOR1$0
CRISTINE LOVETRO
365 W PATRICK ST, FREDERICK, MD 21701
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
RICHARD SHORTEN
365 W PATRICK ST, FREDERICK, MD 21701
DIRECTOR0$0
EDWARD CRUM
415 W PATRICK ST, FREDERICK, MD 21701
DIRECTOR0$0
990-PF for the year ended December 31, 2022: 2 people
NameTitleHours / weekCompensation
RICHARD SHORTEN
365 W PATRICK ST, FREDERICK, MD 21701
DIRECTOR0$0
EDWARD CRUM
415 W PATRICK ST, FREDERICK, MD 21701
DIRECTOR0$0

Address and contacts

Address (IRS master file)
365 W PATRICK ST, FREDERICK, MD 21701-4854
Signed the 990-PF
MICHAEL A MCGINLEY, DIRECTOR
Phone
(301) 694-7411
Return prepared by
DRAPER & MCGINLEY PA

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
82-2237275
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
2017
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,328,680
Income (IRS master file)
$887,492

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$651,234$162,314$3,328,680XML
990-PFDecember 2024$4,805,832$93,727$2,895,770XML
990-PFDecember 2023$0$18$2,668XML
990-PFDecember 2022$0$147$2,686XML
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 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 82-2237275).

Questions about RICHARD B SHORTEN FAMILY FOUNDATION INC

What is the EIN of RICHARD B SHORTEN FAMILY FOUNDATION INC?
The employer identification number (EIN) of RICHARD B SHORTEN FAMILY FOUNDATION INC is 82-2237275.
Is RICHARD B SHORTEN FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to RICHARD B SHORTEN FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RICHARD B SHORTEN FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of RICHARD B SHORTEN FAMILY FOUNDATION INC 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 RICHARD B SHORTEN FAMILY FOUNDATION INC 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 RICHARD B SHORTEN FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does RICHARD B SHORTEN FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $651,234, expenses of $162,314 and total assets of $3,328,680 at year end.

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