Nonprofit · EIN 86-2508615
KONTULIS FUND
Tax-exempt · DETROIT, MI 48226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $885,282 | $123,749 | $761,533 | $2,886,671 | $0 | $2,886,671 |
| December 31, 2023 | 990-PF | -$36,010 | $123,698 | -$159,708 | $2,125,139 | $0 | $2,125,139 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $71,722
- Dividends
- $15,186
- Interest
- $25
- Net gain from sales of assets
- $761,752
- Other income
- $36,597
Expenses
- Grants and similar amounts paid
- $115,244
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $119,314
- Excise tax on investment income
- $11,177
Balance sheet and other
- Total assets, start of year
- $2,125,138
- Total assets, end of year
- $2,886,671
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,886,671
- Fair market value of assets
- $7,878,602
- Qualifying distributions
- $119,314
- Net investment income
- $808,316
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH F KONTULIS 2000 BRUSH STREET SUITE 440, DETROIT, MI 482262251 | PRESIDENT / DIRECTOR | 0.25 | $0 |
| CHARLES P KONTULIS II 2000 BRUSH STREET SUITE 440, DETROIT, MI 482262251 | TREASURER / DIRECTOR | 0.25 | $0 |
| CHRISTINE E JAGGI 2000 BRUSH STREET SUITE 440, DETROIT, MI 482262251 | SECRETARY | 0.25 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH F KONTULIS 2000 BRUSH STREET SUITE 440, DETROIT, MI 482262251 | PRESIDENT / DIRECTOR | 0.25 | $0 |
| CHARLES P KONTULIS II 2000 BRUSH STREET SUITE 440, DETROIT, MI 482262251 | TREASURER / DIRECTOR | 0.25 | $0 |
| CHRISTINE E JAGGI 2000 BRUSH STREET SUITE 440, DETROIT, MI 482262251 | SECRETARY | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 2000 BRUSH ST STE 440, DETROIT, MI 48226-2251
- In care of
- % CHRISTINE E JAGGI
- Signed the 990-PF
- ELIZABETH F KONTULIS, PRESIDENT
- Phone
- (313) 961-0500
- Return prepared by
- DELOITTE TAX LLP
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 | Not 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
- 86-2508615
- 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
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $2,886,671
- Income (IRS master file)
- $142,575
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $885,282 | $123,749 | $2,886,671 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | -$36,010 | $123,698 | $2,125,139 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 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 86-2508615).
Questions about KONTULIS FUND
- What is the EIN of KONTULIS FUND?
- The employer identification number (EIN) of KONTULIS FUND is 86-2508615.
- Is KONTULIS FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to KONTULIS FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KONTULIS FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KONTULIS FUND 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 KONTULIS FUND 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 KONTULIS FUND?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does KONTULIS FUND have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $885,282, expenses of $123,749 and total assets of $2,886,671 at year end.
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