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Nonprofit · EIN 87-4098923

HS FOUNDATION INC

Tax-exempt · HUNT VALLEY, MD 21030

Financials

$0$02023$654K$49K2024$63K$50K2025
Revenue Expenses · by fiscal year end
Financials of HS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$62,882$50,412$12,470$583,381$0$583,381
December 31, 2024990-PF$654,397$48,930$605,467$562,379$0$562,379
December 31, 2023990-PF$0$0$0$0$0$0
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$27,991
Interest
$6
Net gain from sales of assets
$34,885

Expenses

Grants and similar amounts paid
$40,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$40,000
Excise tax on investment income
$742

Balance sheet and other

Total assets, start of year
$562,379
Total assets, end of year
$583,381
Total liabilities, end of year
$0
Net assets, end of year
$583,381
Fair market value of assets
$631,392
Qualifying distributions
$40,000
Net investment income
$62,882

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.

NameTitleHours / weekCompensation
CRAIG BERMAN
307 INTERNATIONAL CIRCLE SUITE 620, HUNT VALLEY, MD 21030
DIRECTOR0.6$0
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
CRAIG BERMAN
307 INTERNATIONAL CIRCLE SUITE 620, HUNT VALLEY, MD 21030
DIRECTOR0.6$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
CRAIG BERMAN
307 INTERNATIONAL CIRCLE SUITE 620, HUNT VALLEY, MD 21030
DIRECTOR0$0

Address and contacts

Address (IRS master file)
307 INTERNATIONAL CIR STE 620, HUNT VALLEY, MD 21030-1487
In care of
% CRAIG BERMAN
Signed the 990-PF
CRAIG BERMAN, DIRECTOR
Phone
(410) 308-0300
Return prepared by
LAW OFFICES OF CRAIG BERMAN LLC

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
87-4098923
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
Assets (IRS master file)
$583,381
Income (IRS master file)
$135,622

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$62,882$50,412$583,381XML
990-PFDecember 2024$654,397$48,930$562,379XML
990-PFDecember 2023$0$0$0XML
990-PFDecember 2022–––IRS
990-PFDecember 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 87-4098923).

Questions about HS FOUNDATION INC

What is the EIN of HS FOUNDATION INC?
The employer identification number (EIN) of HS FOUNDATION INC is 87-4098923.
Is HS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to HS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of HS 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 HS 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 HS FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does HS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $62,882, expenses of $50,412 and total assets of $583,381 at year end.

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