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Nonprofit · EIN 04-6014010

SHOLLEY FOUNDATION INC

Tax-exempt · PENNINGTON, NJ 08534

Financials

$193K$175K2021$543K$176K2023$213K$214K2024$271K$232K2025
Revenue Expenses · by fiscal year end
Financials of SHOLLEY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2026990-PF$270,610$232,198$38,412$1,719,331$0$1,719,331
April 30, 2025990-PF$212,924$213,663-$739$1,674,450$0$1,674,450
April 30, 2024990-PF$542,787$175,537$367,250$1,676,936$0$1,676,936
April 30, 2022990-PF$192,927$175,127$17,800$1,417,558$0$1,417,558
Financial details: 990-PF for the year ended April 30, 2026

Revenue

Dividends
$86,169
Net gain from sales of assets
$182,484
Other income
$1,957

Expenses

Grants and similar amounts paid
$190,500
Compensation of officers, directors and key employees
$6,700
Disbursements for charitable purposes
$212,138
Excise tax on investment income
$3,434

Balance sheet and other

Total assets, start of year
$1,674,450
Total assets, end of year
$1,719,331
Total liabilities, end of year
$0
Net assets, end of year
$1,719,331
Fair market value of assets
$4,743,394
Qualifying distributions
$212,138
Net investment income
$267,112

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 April 30, 2026, highest compensation first.

NameTitleHours / weekCompensation
JOAN MOYNAGH SHOLLEY
26 JOHN STREET, PROVIDENCE, RI 02906
SECRETARY/TRUSTEE2$6,700
J ADAM SHOLLEY
26 JOHN STREET, PROVIDENCE, RI 02906
PRESIDENT/TRUSTEE1$0
LUCINDA SHOLLEY
41 HIGHLAND STREET, DEDHAM, MA 02026
TRUSTEE1$0
PETER SHOLLEY
215 LONG POND ROAD, GREAT BARRINGTON, MA 01230
TRUSTEE1$0
990-PF for the year ended April 30, 2025: 4 people
NameTitleHours / weekCompensation
JOAN MOYNAGH SHOLLEY
26 JOHN STREET, PROVIDENCE, RI 02906
SECRETARY/TRUSTEE2$6,700
J ADAM SHOLLEY
26 JOHN STREET, PROVIDENCE, RI 02906
PRESIDENT/TRUSTEE1$0
LUCINDA SHOLLEY
41 HIGHLAND STREET, DEDHAM, MA 02026
TRUSTEE1$0
PETER SHOLLEY
215 LONG POND ROAD, GREAT BARRINGTON, MA 01230
TRUSTEE1$0
990-PF for the year ended April 30, 2024: 4 people
NameTitleHours / weekCompensation
JOAN MOYNAGH SHOLLEY
77 MORTON ROAD, MILTON, MA 02186
SECRETARY/TRUSTEE2$6,700
J ADAM SHOLLEY
77 MORTON ROAD, MILTON, MA 02186
PRESIDENT/TRUSTEE1$0
LUCINDA SHOLLEY
41 HIGHLAND STREET, DEDHAM, MA 02026
TRUSTEE1$0
PETER SHOLLEY
215 LONG POND ROAD, GREAT BARRINGTON, MA 01230
TRUSTEE1$0
990-PF for the year ended April 30, 2022: 4 people
NameTitleHours / weekCompensation
JOAN MOYNAGH SHOLLEY
77 MORTON ROAD, MILTON, MA 02186
SECRETARY/TRUSTEE2$6,700
J ADAM SHOLLEY
77 MORTON ROAD, MILTON, MA 02186
PRESIDENT/TRUSTEE1$0
LUCINDA SHOLLEY
41 HIGHLAND STREET, DEDHAM, MA 02026
TRUSTEE1$0
PETER SHOLLEY
3743 20TH STREET, SAN FRANCISCO, CA 94110
TRUSTEE1$0

Address and contacts

Address (IRS master file)
PO BOX 1532, PENNINGTON, NJ 08534-0691
In care of
% STATE STREET BANK & TRUST
Signed the 990-PF
JOAN SHOLLEY, TRUSTEE
Phone
(888) 866-3275
Return prepared by
BANK OF AMERICA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026990-PF on file
2024April 30, 2025September 15, 2025990-PF on file
2023April 30, 2024September 16, 2024990-PF on file

IRS record

EIN
04-6014010
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
1947
Accounting year ends
April
Files
Form 990-PF
Assets (IRS master file)
$1,719,331
Income (IRS master file)
$344,002

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFApril 2026$270,610$232,198$1,719,331XML
990-PFApril 2025$212,924$213,663$1,674,450XML
990-PFApril 2024$542,787$175,537$1,676,936XML
990-PFApril 2023–––IRS
990-PFApril 2022$192,927$175,127$1,417,558XML
990-PFApril 2021–––IRS
990-PFApril 2019–––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 04-6014010).

Questions about SHOLLEY FOUNDATION INC

What is the EIN of SHOLLEY FOUNDATION INC?
The employer identification number (EIN) of SHOLLEY FOUNDATION INC is 04-6014010.
Is SHOLLEY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1947.
Are donations to SHOLLEY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SHOLLEY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of SHOLLEY FOUNDATION INC due?
The return for tax year 2026 (the year ending April 30, 2027) is due September 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SHOLLEY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended April 2026.
Who are the officers and directors of SHOLLEY FOUNDATION INC?
The 990-PF for the year ended April 30, 2026 lists 4 people; 1 received compensation from the organization, the highest $6,700 (JOAN MOYNAGH SHOLLEY, SECRETARY/TRUSTEE).
How much revenue does SHOLLEY FOUNDATION INC have?
On its 990-PF for the year ended April 30, 2026 it reported revenue of $270,610, expenses of $232,198 and total assets of $1,719,331 at year end.

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