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Nonprofit · EIN 13-3424750

EDUCATIONAL FOUNDATION OF AMERICA

Tax-exempt · BETHESDA, MD 20814

Financials

$8M$16.5M2023$24.9M$14M2024
Revenue Expenses · by fiscal year end
Financials of EDUCATIONAL FOUNDATION OF AMERICA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$24,851,105$13,993,232$10,857,873$251,241,022$3,761,633$247,479,389
December 31, 2023990-PF$8,015,317$16,519,310-$8,503,993$231,113,758$5,456,537$225,657,221
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$2,074,327
Interest
$504,701
Net gain from sales of assets
$22,290,519
Other income
-$18,442

Expenses

Grants and similar amounts paid
$9,299,000
Compensation of officers, directors and key employees
$325,672
Salaries, compensation and benefits (total)
$734,264
Disbursements for charitable purposes
$13,564,629
Excise tax on investment income
$317,650

Balance sheet and other

Total assets, start of year
$231,113,758
Total assets, end of year
$251,241,022
Total liabilities, end of year
$3,761,633
Net assets, end of year
$247,479,389
Fair market value of assets
$251,241,022
Qualifying distributions
$13,914,629
Net investment income
$24,804,165

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 / weekCompensationOther / benefits
DAVID W STOCKS
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
EXECUTIVE DIRECTOR40$325,672$44,096
LAURA P NIXON
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
PROGRAM DIRECTOR
Highest-paid employee
40$194,348$35,431
AMY E PICKLE
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
PROGRAM DIRECTOR
Highest-paid employee
40$184,822$40,277
LUCIEN K ROTHENSTEIN
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
PROGRAM OFFICER
Highest-paid employee
40$147,425$31,471
ASTRID F KAEMMERLING
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
PROGRAM OFFICER
Highest-paid employee
40$137,130$31,097
REBEKAH R WADADLI
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
GRANTS MANAGER
Highest-paid employee
25$70,539$42,633
BARBARA HAPGOOD
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR, PRESIDENT1$0$0
WENDY ETTINGER
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR, VICE PRESIDENT1$0$0
TREVOR RENNER
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR, SECRETARY1$0$0
CHRISTIAN ETTINGER
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR, TREASURER1$0$0
JERRY BABICKA
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR (THRU JUNE 2024)1$0$0
LYNN BABICKA
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0$0
JAMES BOHART JR
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0$0
HEIDI ETTINGER
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0$0
MATTHEW ETTINGER
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0$0
5 more people on this return
NameTitleHours / weekCompensation
MATTHEW HAPGOOD
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0
BARBARA HUSEBY
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0
SVEN HUSEBY
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0
JOHN POWERS
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0
LAUREN ZUSKIN
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensationOther / benefits
DAVID W STOCKS
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
EXECUTIVE DIRECTOR40$311,556$38,182
LAURA P NIXON
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
PROGRAM DIRECTOR
Highest-paid employee
40$175,065$30,527
AMY E PICKLE
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
PROGRAM DIRECTOR
Highest-paid employee
40$173,772$35,950
LUCIEN K ROTHENSTEIN
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
PROGRAM OFFICER
Highest-paid employee
40$143,500$28,271
ASTRID F KAEMMERLING
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
PROGRAM OFFICER
Highest-paid employee
40$130,235$32,332
REBEKAH R WADADLI
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
GRANTS MANAGER
Highest-paid employee
25$62,500$40,763
HEIDI ETTINGER
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR, PRESIDENT1$0$0
WENDY ETTINGER
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR, VICE PRESIDENT1$0$0
LYNN BABICKA
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR, SECRETARY1$0$0
BARBARA HAPGOOD
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR, TREASURER1$0$0
JERRY BABICKA
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0$0
JAMES BOHART JR
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0$0
CHRISTIAN ETTINGER
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0$0
MATTHEW ETTINGER
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0$0
MATTHEW HAPGOOD
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0$0
BARBARA HUSEBY
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0$0
SVEN HUSEBY
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0$0
JOHN POWERS
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0$0
TREVOR RENNER
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0$0
LAUREN ZUSKIN
C/O IP 4801 HAMPDEN LANE SUITE 106, BETHESDA, MD 208142948
DIRECTOR1$0$0

Address and contacts

Address (IRS master file)
4801 HAMPDEN LN APT 106, BETHESDA, MD 20814-2948
In care of
% FOUNDATION SOURCE
Signed the 990-PF
CHRISTIAN ETTINGER, TREASURER
Phone
(301) 761-4433
Return prepared by
PKF O'CONNOR DAVIES ADVISORY 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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
13-3424750
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
1989
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$251,241,022
Income (IRS master file)
$47,469,167

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$24,851,105$13,993,232$251,241,022XML
990-TDecember 2024–––IRS
990-PFDecember 2023$8,015,317$16,519,310$231,113,758XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 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 13-3424750).

Questions about EDUCATIONAL FOUNDATION OF AMERICA

What is the EIN of EDUCATIONAL FOUNDATION OF AMERICA?
The employer identification number (EIN) of EDUCATIONAL FOUNDATION OF AMERICA is 13-3424750.
Is EDUCATIONAL FOUNDATION OF AMERICA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to EDUCATIONAL FOUNDATION OF AMERICA tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does EDUCATIONAL FOUNDATION OF AMERICA file?
Form 990-PF. Private foundations file every year.
When is the next return of EDUCATIONAL FOUNDATION OF AMERICA 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 EDUCATIONAL FOUNDATION OF AMERICA 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 EDUCATIONAL FOUNDATION OF AMERICA?
The 990-PF for the year ended December 31, 2024 lists 20 people; 6 received compensation from the organization, the highest $325,672 (DAVID W STOCKS, EXECUTIVE DIRECTOR).
How much revenue does EDUCATIONAL FOUNDATION OF AMERICA have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $24,851,105, expenses of $13,993,232 and total assets of $251,241,022 at year end.

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