Nonprofit · EIN 86-3729886
LOYAL AND TRUE FOUNDATION
Tax-exempt · ERIE, PA 16505
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $198,574 | $303,477 | -$104,903 | $6,003,695 | $0 | $6,003,695 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $51,500
- Dividends
- $43,636
- Interest
- $33
- Net gain from sales of assets
- $103,405
Expenses
- Grants and similar amounts paid
- $300,650
- Disbursements for charitable purposes
- $302,950
- Excise tax on investment income
- $2,037
Balance sheet and other
- Total assets, start of year
- $4,510,022
- Total assets, end of year
- $6,003,695
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,003,695
- Qualifying distributions
- $302,950
- Net investment income
- $147,074
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER HAGERTY 1430 FIELDCREST DRIVE, ERIE, PA 16505 | Chairman | 2 | $0 |
| DAVID HALLMAN JR 5095 TRAMARLAC LANE, ERIE, PA 16505 | Secretary | 1 | $0 |
| LAWRENCE FUREY CPA 7606 TRENTO CIRCLE, NAPLES, FL 34113 | Treasurer | 1 | $0 |
| MICHAEL HAGERTY 117 SOUTH PINE DRIVE, GLENSHAW, PA 15116 | Director | 1 | $0 |
| JOHN DETISCH 2801 WEST 6TH STREET, ERIE, PA 16505 | Director | 1 | $0 |
| OWEN MCCORMICK 1608 SOUTH SHORE DRIVE, ERIE, PA 16505 | Director | 1 | $0 |
| JENNIE HAGERTY 1430FIELDCREST DRIVE, ERIE, PA 16505 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1430 FIELDCREST DR, ERIE, PA 16505-2610
- In care of
- % CHRISTOPHER HAGERTY
- Signed the 990-PF
- CHRISTOPHER HAGERTY, Chairman
- Phone
- (814) 566-7500
- Return prepared by
- DeMarco Wachter & Co
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 | 990-PF 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
- 86-3729886
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $6,003,695
- Income (IRS master file)
- $446,289
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $52,622 | $192,922 | $3,976,131 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about LOYAL AND TRUE FOUNDATION
- What is the EIN of LOYAL AND TRUE FOUNDATION?
- The employer identification number (EIN) of LOYAL AND TRUE FOUNDATION is 86-3729886.
- Is LOYAL AND TRUE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to LOYAL AND TRUE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LOYAL AND TRUE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LOYAL AND TRUE FOUNDATION 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 LOYAL AND TRUE FOUNDATION 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 LOYAL AND TRUE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does LOYAL AND TRUE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $198,574, expenses of $303,477 and total assets of $6,003,695 at year end.
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