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Nonprofit · EIN 86-2508615

KONTULIS FUND

Tax-exempt · DETROIT, MI 48226

Financials

−$36K$124K2023$885K$124K2024
Revenue Expenses · by fiscal year end
Financials of KONTULIS FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$885,282$123,749$761,533$2,886,671$0$2,886,671
December 31, 2023990-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.

NameTitleHours / weekCompensation
ELIZABETH F KONTULIS
2000 BRUSH STREET SUITE 440, DETROIT, MI 482262251
PRESIDENT / DIRECTOR0.25$0
CHARLES P KONTULIS II
2000 BRUSH STREET SUITE 440, DETROIT, MI 482262251
TREASURER / DIRECTOR0.25$0
CHRISTINE E JAGGI
2000 BRUSH STREET SUITE 440, DETROIT, MI 482262251
SECRETARY0.25$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ELIZABETH F KONTULIS
2000 BRUSH STREET SUITE 440, DETROIT, MI 482262251
PRESIDENT / DIRECTOR0.25$0
CHARLES P KONTULIS II
2000 BRUSH STREET SUITE 440, DETROIT, MI 482262251
TREASURER / DIRECTOR0.25$0
CHRISTINE E JAGGI
2000 BRUSH STREET SUITE 440, DETROIT, MI 482262251
SECRETARY0.25$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 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
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
Assets (IRS master file)
$2,886,671
Income (IRS master file)
$142,575

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$885,282$123,749$2,886,671XML
990-TDecember 2024–––IRS
990-PFDecember 2023-$36,010$123,698$2,125,139XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 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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