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Nonprofit · EIN 85-1075075

STACY AND KEITH PALAGYE FOUNDATION

Tax-exempt · CLEVELAND, OH 44114

Financials

$2M$5.5M2023$5.2M$6.2M2024
Revenue Expenses · by fiscal year end
Financials of STACY AND KEITH PALAGYE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$5,205,845$6,217,394-$1,011,549$42,892,683$2,550,000$40,342,683
December 31, 2023990-PF$1,997,600$5,491,139-$3,493,539$43,765,791$1,750,000$42,015,791
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$400,382
Interest
$215,827
Net gain from sales of assets
$4,583,547
Other income
$6,089

Expenses

Grants and similar amounts paid
$5,504,936
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$2,954,936
Excise tax on investment income
$62,420

Balance sheet and other

Total assets, start of year
$43,765,791
Total assets, end of year
$42,892,683
Total liabilities, end of year
$2,550,000
Net assets, end of year
$40,342,683
Fair market value of assets
$27,863,368
Qualifying distributions
$2,954,936
Net investment income
$5,159,560

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
BRADY J HIVELY
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
TREASURER0$0
LAVONDA D NAPKA
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
PRESIDENT & SECRETARY0$0
MARK A MADEJA
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
ASSISTANT SECRETARY0$0
STEPHEN H HOFFMAN
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
TRUSTEE0$0
JEHUDA REINHARZ
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
TRUSTEE0$0
SCOTT S COWEN
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
TRUSTEE0$0
ADAM B LANGSAM
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
TRUSTEE0$0
MARK A MADEJA
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
BRADLEY S SMITH
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
PRESIDENT0$0
BRADLEY J HIVELY
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
TREASURER0$0
LAVONDA D NAPKA
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
SECRETARY0$0
MARK A MADEJA
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
ASSISTANT SECRETARY0$0
STEPHEN H HOFFMAN
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
TRUSTEE0$0
JEHUDA REINHARZ
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
TRUSTEE0$0
SCOTT S COWEN
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
TRUSTEE0$0
ADAM B LANGSAM
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
TRUSTEE0$0
MARK A MADEJA
1000 LAKESIDE AVE E, CLEVELAND, OH 44114
TRUSTEE0$0

Address and contacts

Address (IRS master file)
1000 LAKESIDE AVE E, CLEVELAND, OH 44114-1117
In care of
% LAVONDA NAPKA
Signed the 990-PF
LAVONDA NAPKA, PRESIDENT
Phone
(216) 875-6500
Return prepared by
PARKWOOD 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
85-1075075
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
2021
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$42,892,683
Income (IRS master file)
$6,779,672

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$5,205,845$6,217,394$42,892,683XML
990-TDecember 2024–––IRS
990-PFDecember 2023$1,997,600$5,491,139$43,765,791XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––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 85-1075075).

Questions about STACY AND KEITH PALAGYE FOUNDATION

What is the EIN of STACY AND KEITH PALAGYE FOUNDATION?
The employer identification number (EIN) of STACY AND KEITH PALAGYE FOUNDATION is 85-1075075.
Is STACY AND KEITH PALAGYE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to STACY AND KEITH PALAGYE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does STACY AND KEITH PALAGYE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of STACY AND KEITH PALAGYE 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 STACY AND KEITH PALAGYE 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 STACY AND KEITH PALAGYE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does STACY AND KEITH PALAGYE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,205,845, expenses of $6,217,394 and total assets of $42,892,683 at year end.

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