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Nonprofit · EIN 04-6986674

KASNET FAM FOUNDATION TR

Also known as KASNET STEPHEN TTEE

Tax-exempt · MANCHESTER, MA 01944

Financials

$6K$5K2023$5K$19K2024$26K$30K2025
Revenue Expenses · by fiscal year end
Financials of KASNET FAM FOUNDATION TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$26,142$30,435-$4,293$73,087$0$73,087
December 31, 2024990-PF$5,304$18,849-$13,545$76,918$0$76,918
December 31, 2023990-PF$5,637$5,217$420$90,292$0$90,292
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$3,191
Interest
$4
Net gain from sales of assets
$22,947

Expenses

Grants and similar amounts paid
$30,400
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$30,400
Excise tax on investment income
$363

Balance sheet and other

Total assets, start of year
$76,918
Total assets, end of year
$73,087
Total liabilities, end of year
$0
Net assets, end of year
$73,087
Fair market value of assets
$226,332
Qualifying distributions
$30,400
Net investment income
$26,142

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
STEPHEN G KASNET
1 UNIVERSITY LANE, MANCHESTER, MA 01944
TRUSTEE0$0
MARIE-LOUISE KASNET
1 UNIVERSITY LANE, MANCHESTER, MA 01944
TRUSTEE0$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
STEPHEN G KASNET
1 UNIVERSITY LANE, MANCHESTER, MA 01944
TRUSTEE0$0
MARIE-LOUISE KASNET
1 UNIVERSITY LANE, MANCHESTER, MA 01944
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
STEPHEN G KASNET
1 UNIVERSITY LANE, MANCHESTER, MA 01944
TRUSTEE0$0
MARIE-LOUISE KASNET
1 UNIVERSITY LANE, MANCHESTER, MA 01944
TRUSTEE0$0

Address and contacts

Address (IRS master file)
1 UNIVERSITY LN, MANCHESTER, MA 01944-1632
In care of
% STEPHEN KASNET
Signed the 990-PF
STEPHEN G KASNET, PRESIDENT
Phone
(978) 526-7322
Return prepared by
HENNESSEY TAX SERVICES 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
04-6986674
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
2003
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$73,087
Income (IRS master file)
$30,184

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$26,142$30,435$73,087IRS
990-PFDecember 2024$5,304$18,849$76,918IRS
990-PFDecember 2023$5,637$5,217$90,292XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 04-6986674).

Questions about KASNET FAM FOUNDATION TR

What is the EIN of KASNET FAM FOUNDATION TR?
The employer identification number (EIN) of KASNET FAM FOUNDATION TR is 04-6986674.
Is KASNET FAM FOUNDATION TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to KASNET FAM FOUNDATION TR tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KASNET FAM FOUNDATION TR file?
Form 990-PF. Private foundations file every year.
When is the next return of KASNET FAM FOUNDATION TR 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 KASNET FAM FOUNDATION TR 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 KASNET FAM FOUNDATION TR?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does KASNET FAM FOUNDATION TR have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $26,142, expenses of $30,435 and total assets of $73,087 at year end.

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