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Nonprofit · EIN 04-2625173

LINNELL FOUNDATION

Tax-exempt · WALDOBORO, ME 04572

Financials

$196K$246K2023$306K$238K2024
Revenue Expenses · by fiscal year end
Financials of LINNELL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$305,531$237,949$67,582$4,953,659$0$4,953,659
December 31, 2023990-PF$195,838$245,625-$49,787$4,927,693$0$4,927,693
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$175,074
Interest
$35,811
Net gain from sales of assets
$94,646

Expenses

Grants and similar amounts paid
$120,000
Compensation of officers, directors and key employees
$76,500
Disbursements for charitable purposes
$206,675
Excise tax on investment income
$3,812

Balance sheet and other

Total assets, start of year
$4,927,693
Total assets, end of year
$4,953,659
Total liabilities, end of year
$0
Net assets, end of year
$4,953,659
Fair market value of assets
$4,986,703
Qualifying distributions
$206,675
Net investment income
$305,531

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.

NameTitleHours / weekCompensation
RENEE LINNELL
137 GAMBEL WAY, SNOWMASS VILLAGE, CO 81615
TRUSTEE0$18,000
CHARLES R HANSEN JR
1345 DUTCH NECK ROAD, WALDOBORO, ME 04572
TRUSTEE0$18,000
ELIZABETH CANNING
15 COLE FARM COURT, PROVIDENCE, RI 02906
TRUSTEE0$18,000
ELIZABETH ANN CONNER
240 CAMP ROAD, SANBORNVILLE, NH 03872
TRUSTEE0$13,500
NICHOLAS CONNER
240 CAMP ROAD, SANBORNVILLE, NH 03872
TRUSTEE0$9,000
GARY LINNELL
21813 MOUNTAIN SUGAR LANE, BOCA RATON, FL 33433
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
RENEE LINNELL
459 COLUMBUS AVE 164, NEW YORK, NY 10024
TRUSTEE0$18,000
ELIZABETH ANN CONNER
240 CAMP ROAD, SANBORNVILLE, NH 03872
TRUSTEE0$18,000
CHARLES R HANSEN JR
1345 DUTCH NECK ROAD, WALDOBORO, ME 04572
TRUSTEE0$18,000
ELIZABETH CANNING
15 COLE FARM COURT, PROVIDENCE, RI 02906
TRUSTEE0$18,000
NICHOLAS CONNER
240 CAMP ROAD, SANBORNVILLE, NH 03872
TRUSTEE0$18,000
GARY LINNELL
765 AURELIA STREET, BOCA RATON, FL 33486
TRUSTEE0$0

Address and contacts

Address (IRS master file)
1345 DUTCH NECK ROAD, WALDOBORO, ME 04572-0000
Signed the 990-PF
CHARLES R HANSEN JR, TRUSTEE
Phone
(603) 436-0406
Return prepared by
KING MCNAMARA MORIARTY LLP

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
04-2625173
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
1977
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$4,953,659
Income (IRS master file)
$1,735,625

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$305,531$237,949$4,953,659XML
990-PFDecember 2023$195,838$245,625$4,927,693XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 04-2625173).

Questions about LINNELL FOUNDATION

What is the EIN of LINNELL FOUNDATION?
The employer identification number (EIN) of LINNELL FOUNDATION is 04-2625173.
Is LINNELL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
Are donations to LINNELL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LINNELL FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of LINNELL 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 LINNELL 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 LINNELL FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 6 people; 5 received compensation from the organization, the highest $18,000 (RENEE LINNELL, TRUSTEE).
How much revenue does LINNELL FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $305,531, expenses of $237,949 and total assets of $4,953,659 at year end.

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