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Nonprofit · EIN 83-2450434

KIPHART FAMILY FOUNDATION

Tax-exempt · KEY LARGO, FL 33037

Financials

−$60K$2M2023$3.4M$3M2024
Revenue Expenses · by fiscal year end
Financials of KIPHART FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$3,366,213$3,040,174$326,039$400,385$0$400,385
December 31, 2023990-PF-$60,352$2,049,572-$2,109,924$70,920$0$70,920
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,351,901
Dividends
$7,902
Interest
$690
Net gain from sales of assets
$5,720

Expenses

Grants and similar amounts paid
$3,039,737
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$3,039,737
Excise tax on investment income
$199

Balance sheet and other

Total assets, start of year
$70,920
Total assets, end of year
$400,385
Total liabilities, end of year
$0
Net assets, end of year
$400,385
Fair market value of assets
$400,385
Qualifying distributions
$3,039,737
Net investment income
$14,312

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.

NameTitleHours / weekCompensation
SUSAN R KIPHART
214 ANDROS ROAD, KEY LARGO, FL 33037
PRESIDENT, SECRETARY & TRE1$0
CHRIS CAPPS
525 W Monroe Suite 1025, CHICAGO, IL 60661
VICE PRESIDENT1$0
ELLEN KIPHART VALENTINE
525 W Monroe Suite 1025, CHICAGO, IL 60661
DIRECTOR0$0
JILL KIPHART GLUCK
525 W Monroe Suite 1025, CHICAGO, IL 60661
DIRECTOR0$0
REBECCA KIPHART CAPPS
525 W Monroe Suite 1025, CHICAGO, IL 60661
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
SUSAN R KIPHART
214 ANDROS ROAD, KEY LARGO, FL 33037
PRESIDENT, SECRETARY & TRE1$0
CHRIS CAPPS
525 W Monroe Suite 1025, CHICAGO, IL 60661
VICE PRESIDENT1$0
ELLEN KIPHART VALENTINE
525 W Monroe Suite 1025, CHICAGO, IL 60661
DIRECTOR0$0
JILL KIPHART GLUCK
525 W Monroe Suite 1025, CHICAGO, IL 60661
DIRECTOR0$0
REBECCA KIPHART CAPPS
525 W Monroe Suite 1025, CHICAGO, IL 60661
DIRECTOR0$0

Address and contacts

Address (IRS master file)
31 OCEAN REEF DR STE C101 PMB 142, KEY LARGO, FL 33037-5265
In care of
% KATHERINE SAVAGE
Signed the 990-PF
Susan R Kiphart, President
Phone
(312) 878-5200
Return prepared by
Mowery & Schoenfeld 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
83-2450434
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
2019
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$400,385
Income (IRS master file)
$3,395,511

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,366,213$3,040,174$400,385XML
990-PFDecember 2023-$60,352$2,049,572$70,920XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 83-2450434).

Questions about KIPHART FAMILY FOUNDATION

What is the EIN of KIPHART FAMILY FOUNDATION?
The employer identification number (EIN) of KIPHART FAMILY FOUNDATION is 83-2450434.
Is KIPHART FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to KIPHART FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KIPHART FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of KIPHART FAMILY 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 KIPHART FAMILY FOUNDATION 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 KIPHART FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does KIPHART FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,366,213, expenses of $3,040,174 and total assets of $400,385 at year end.

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