Nonprofit · EIN 87-3974120
WALTER & MARY ANNE MCPHAIL FAMILY FOUNDATION INC
Tax-exempt · PALM BEACH, FL 33480
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $200,784 | $238,130 | -$37,346 | $314,070 | $0 | $314,070 |
| December 31, 2024 | 990-PF | $40,160 | $34,914 | $5,246 | $564,957 | $0 | $564,957 |
| December 31, 2023 | 990-PF | $388,499 | $674,866 | -$286,367 | $448,624 | $0 | $448,624 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $9,491
- Net gain from sales of assets
- $191,293
Expenses
- Grants and similar amounts paid
- $238,130
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $238,130
- Excise tax on investment income
- $2,791
Balance sheet and other
- Total assets, start of year
- $564,958
- Total assets, end of year
- $314,070
- Total liabilities, end of year
- $0
- Net assets, end of year
- $314,070
- Fair market value of assets
- $314,070
- Qualifying distributions
- $238,130
- Net investment income
- $200,784
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 |
|---|---|---|---|
| WALTER MCPHAIL 4095 SOUTHERN BLVD SUITE 100, WEST PALM BEACH, FL 33406 | DIRECTOR | 0 | $0 |
| MELINDA MCPHAIL 4095 SOUTHERN BLVD SUITE 100, WEST PALM BEACH, FL 33406 | DIRECTOR | 0 | $0 |
| FRANK SCERBO 3400 LEXINGTON RD, WATERFORD, MI 48328 | DIRECTOR | 0 | $0 |
| RICHARD COMITER 3825 PGA BLVD SUITE 701, PALM BEACH GARDENS, FL 33410 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WALTER MCPHAIL 4095 SOUTHERN BLVD SUITE 100, WEST PALM BEACH, FL 33406 | DIRECTOR | 0 | $0 |
| MARY ANNE MCPHAIL 4095 SOUTHERN BLVD SUITE 100, WEST PALM BEACH, FL 33406 | DIRECTOR | 0 | $0 |
| MELINDA MCPHAIL 4095 SOUTHERN BLVD SUITE 100, WEST PALM BEACH, FL 33406 | DIRECTOR | 0 | $0 |
| FRANK SCERBO 3400 LEXINGTON RD, WATERFORD, MI 48328 | DIRECTOR | 0 | $0 |
| RICHARD COMITER 3825 PGA BLVD SUITE 701, PALM BEACH GARDENS, FL 33410 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WALTER MCPHAIL 4095 SOUTHERN BLVD SUITE 100, WEST PALM BEACH, FL 33406 | DIRECTOR | 0 | $0 |
| MARY ANNE MCPHAIL 4095 SOUTHERN BLVD SUITE 100, WEST PALM BEACH, FL 33406 | DIRECTOR | 0 | $0 |
| MELINDA MCPHAIL 4095 SOUTHERN BLVD SUITE 100, WEST PALM BEACH, FL 33406 | DIRECTOR | 0 | $0 |
| FRANK SCERBO 3400 LEXINGTON RD, WATERFORD, MI 48328 | DIRECTOR | 0 | $0 |
| RICHARD COMITER 3825 PGA BLVD SUITE 701, PALM BEACH GARDENS, FL 33410 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 123 VIA FONTANA, PALM BEACH, FL 33480-5115
- Signed the 990-PF
- FRANK SCERBO, DIRECTOR
- Phone
- (248) 214-3510
- Return prepared by
- SCHLAUPITZ MADHAVAN PC
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
- 87-3974120
- 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)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $314,070
- Income (IRS master file)
- $231,888
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $200,784 | $238,130 | $314,070 | XML |
| 990-PF | December 2024 | $40,160 | $34,914 | $564,957 | XML |
| 990-PF | December 2023 | $388,499 | $674,866 | $448,624 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | 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 87-3974120).
Questions about WALTER & MARY ANNE MCPHAIL FAMILY FOUNDATION INC
- What is the EIN of WALTER & MARY ANNE MCPHAIL FAMILY FOUNDATION INC?
- The employer identification number (EIN) of WALTER & MARY ANNE MCPHAIL FAMILY FOUNDATION INC is 87-3974120.
- Is WALTER & MARY ANNE MCPHAIL FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to WALTER & MARY ANNE MCPHAIL FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WALTER & MARY ANNE MCPHAIL FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WALTER & MARY ANNE MCPHAIL FAMILY FOUNDATION INC 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 WALTER & MARY ANNE MCPHAIL FAMILY FOUNDATION INC 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 WALTER & MARY ANNE MCPHAIL FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does WALTER & MARY ANNE MCPHAIL FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $200,784, expenses of $238,130 and total assets of $314,070 at year end.
Other nonprofits in PALM BEACH
- BARBARA NEWINGTON FOUNDATION EIN 59-3611060 · last filed 990-PF for 2025
- JOHN AND AMY PHELAN FAMILY FOUNDATION EIN 46-1579312 · last filed 990-PF for 2024
- EUNICE JOYCE GARDINER CHARITABLE FOUNDATION EIN 45-6393459 · last filed 990-PF for 2025
- TWELVE STARS FOUNDATION EIN 83-2902136 · last filed 990-PF for 2024
- ISENBERG FAMILY CHARITABLE FOUNDATION INC EIN 46-3176081 · last filed 990-PF for 2024
- AMB JOHN RAKOLTA JR AND TERRY L RAKOLTA FOUNDATION EIN 93-1516359 · last filed 990-PF for 2025
- LISA AND STEVEN TANANBAUM CHARITABLE TR EIN 13-7378428 · last filed 990-PF for 2024
- TOWN OF PALM BEACH UNITED WAY INC EIN 59-0637885 · last filed 990 for 2025
All nonprofits in PALM BEACH · Florida · Philanthropy, voluntarism and grantmaking foundations