Nonprofit · EIN 93-1115227
FAITH FOUNDATION
Tax-exempt · SALEM, OR 97301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $4,420,946 | $494,169 | $3,926,777 | $62,950,867 | $0 | $62,950,867 |
| December 31, 2023 | 990-PF | $5,088,964 | $299,993 | $4,788,971 | $62,424,090 | $0 | $62,424,090 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,900,000
- Dividends
- $1,783,612
- Net gain from sales of assets
- $89,261
- Other income
- $648,073
Expenses
- Grants and similar amounts paid
- $400,000
- Compensation of officers, directors and key employees
- $60,000
- Disbursements for charitable purposes
- $420,000
- Excise tax on investment income
- $34,010
Balance sheet and other
- Total assets, start of year
- $62,424,090
- Total assets, end of year
- $62,950,867
- Total liabilities, end of year
- $0
- Net assets, end of year
- $62,950,867
- Fair market value of assets
- $62,950,867
- Qualifying distributions
- $420,000
- Net investment income
- $2,520,946
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Daniel Kerr 2746 Front Street NE, Salem, OR 97301 | Sec / Tres | 25 | $60,000 |
| Richard Faith 2746 Front Street NE, Salem, OR 97301 | President | 5 | $0 |
| Jennifer Rowland 2746 Front Street NE, Salem, OR 97301 | VP | 1 | $0 |
| Jodie Ross 2746 Front Street NE, Salem, OR 97301 | VP | 1 | $0 |
| Sandra Sato 2746 Front Street NE, Salem, OR 97301 | VP | 1 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Daniel Kerr 2746 Front Street NE, Salem, OR 97301 | Sec / Tres | 25 | $60,000 |
| Richard Faith 2746 Front Street NE, Salem, OR 97301 | President | 5 | $0 |
| Jennifer Rowland 2746 Front Street NE, Salem, OR 97301 | VP | 1 | $0 |
| Jodie Ross 2746 Front Street NE, Salem, OR 97301 | VP | 1 | $0 |
| Sandra Sato 2746 Front Street NE, Salem, OR 97301 | VP | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2746 FRONT ST NE, SALEM, OR 97301-6554
- In care of
- % DANIEL L KERR
- Signed the 990-PF
- Daniel L Kerr, Secretary
- Phone
- (503) 949-4769
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 | Not 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
- 93-1115227
- 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
- 1993
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $62,950,867
- Income (IRS master file)
- $4,420,946
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $4,420,946 | $494,169 | $62,950,867 | XML |
| 990-PF | December 2023 | $5,088,964 | $299,993 | $62,424,090 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 93-1115227).
Questions about FAITH FOUNDATION
- What is the EIN of FAITH FOUNDATION?
- The employer identification number (EIN) of FAITH FOUNDATION is 93-1115227.
- Is FAITH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to FAITH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does FAITH FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of FAITH FOUNDATION 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 FAITH FOUNDATION 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 FAITH FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $60,000 (Daniel Kerr, Sec / Tres).
- How much revenue does FAITH FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,420,946, expenses of $494,169 and total assets of $62,950,867 at year end.
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