Nonprofit · EIN 86-6052388
DEMUND FOUNDATION
Tax-exempt · PITTSBURGH, PA 15221
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $75,218 | $115,773 | -$40,555 | $1,012,326 | $0 | $1,012,326 |
| December 31, 2024 | 990-PF | $68,772 | $65,289 | $3,483 | $1,051,876 | $0 | $1,051,876 |
| December 31, 2023 | 990-PF | $59,359 | $91,226 | -$31,867 | $1,048,393 | $0 | $1,048,393 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $37,817
- Interest
- $121
- Net gain from sales of assets
- $20,212
- Other income
- $17,068
Expenses
- Grants and similar amounts paid
- $86,000
- Compensation of officers, directors and key employees
- $15,000
- Disbursements for charitable purposes
- $112,221
- Excise tax on investment income
- $1,000
Balance sheet and other
- Total assets, start of year
- $1,051,876
- Total assets, end of year
- $1,012,326
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,012,326
- Fair market value of assets
- $1,136,678
- Qualifying distributions
- $112,221
- Net investment income
- $75,218
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 |
|---|---|---|---|
| STEPHEN CLARKE 1028 Mifflin Ave, Pittsburgh, PA 15221 | President | 4 | $15,000 |
| LAURIE CLARKE 1028 Mifflin Ave, Pittsburgh, PA 15221 | Director | 4 | $0 |
| Alexander Clarke 1040 Portland Street, Pittsburgh, PA 15206 | Director | 0 | $0 |
| Connor Clarke 1028 Mifflin Ave, Pittsburgh, PA 15221 | Director | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE CLARKE 1028 Mifflin Ave, Pittsburgh, PA 15221 | President | 4 | $15,000 |
| ERIN DEMUND 9413 COVEDALE DR, CHARLOTTE, NC 28270 | Director | 4 | $5,000 |
| LAURIE CLARKE 1028 Mifflin Ave, Pittsburgh, PA 15221 | Director | 4 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN CLARKE 2801 STONECREST ALY, WOODSTOCK, GA 30188 | PRESIDENT | 4 | $15,000 |
| ERIN DEMUND 9413 COVEDALE DR, CHARLOTTE, NC 28270 | DIRECTOR | 4 | $5,000 |
| LAURIE CLARKE 2801 STONECREST ALY, WOODSTOCK, GA 30188 | DIRECTOR | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 1028 MIFFLIN AVE, PITTSBURGH, PA 15221-3442
- Signed the 990-PF
- Stephen Clarke, President
- Phone
- (678) 429-9075
- Return prepared by
- Dogwood CPA Firm
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
- 86-6052388
- 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
- 1948
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $1,012,326
- Income (IRS master file)
- $468,054
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $75,218 | $115,773 | $1,012,326 | XML |
| 990-PF | December 2024 | $68,772 | $65,289 | $1,051,876 | IRS |
| 990-PF | December 2023 | $59,359 | $91,226 | $1,048,393 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 86-6052388).
Questions about DEMUND FOUNDATION
- What is the EIN of DEMUND FOUNDATION?
- The employer identification number (EIN) of DEMUND FOUNDATION is 86-6052388.
- Is DEMUND FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1948.
- Are donations to DEMUND FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DEMUND FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DEMUND 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 DEMUND 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 DEMUND FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $15,000 (STEPHEN CLARKE, President).
- How much revenue does DEMUND FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $75,218, expenses of $115,773 and total assets of $1,012,326 at year end.
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