Nonprofit · EIN 23-7089984
LEONARD J SHOLES CHARITABLE FOUNDATION
Tax-exempt · WARWICK, RI 02888
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $5,400 | $11,585 | -$6,185 | $146,564 | $0 | $146,564 |
| December 31, 2024 | 990-PF | $7,232 | $1,664 | $5,568 | $152,749 | $0 | $152,749 |
| December 31, 2023 | 990-PF | $4,585 | $1,118 | $3,467 | $147,181 | $0 | $147,181 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Interest
- $5,400
Expenses
- Grants and similar amounts paid
- $11,000
- Disbursements for charitable purposes
- $11,000
- Excise tax on investment income
- $67
Balance sheet and other
- Total assets, start of year
- $152,749
- Total assets, end of year
- $146,564
- Total liabilities, end of year
- $0
- Net assets, end of year
- $146,564
- Fair market value of assets
- $146,564
- Qualifying distributions
- $11,000
- Net investment income
- $5,400
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard K Sholes 310 Norwood Avenue, Providence, RI 02905 | Trustee | 1 | $0 |
| David H Sholes 14 Barbour Terrace, Providence, RI 02906 | Trustee | 0.5 | $0 |
| Andrew G Sholes 1375 Warwick Ave, Warwick, RI 02888 | Trustee | 0.75 | $0 |
| Steven T Sholes 1375 Warwick Ave, Warwick, RI 02888 | Trustee | 0.5 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard K Sholes 310 Norwood Avenue, Providence, RI 02905 | Trustee | 1 | $0 |
| David H Sholes 14 Barbour Terrace, Providence, RI 02906 | Trustee | 0.5 | $0 |
| Andrew G Sholes 1375 Warwick Ave, Warwick, RI 02888 | Trustee | 0.75 | $0 |
| Steven T Sholes 1375 Warwick Ave, Warwick, RI 02888 | Trustee | 0.5 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard K Sholes 310 Norwood Avenue, Providence, RI 02905 | Trustee | 1 | $0 |
| David H Sholes 14 Barbour Terrace, Providence, RI 02906 | Trustee | 0.5 | $0 |
| Andrew G Sholes 1375 Warwick Ave, Warwick, RI 02888 | Trustee | 0.75 | $0 |
| Steven T Sholes 1375 Warwick Ave, Warwick, RI 02888 | Trustee | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1375 WARWICK AVE, WARWICK, RI 02888-5066
- Signed the 990-PF
- Richard K Sholes, Trustee
- Phone
- (401) 463-5600
- Return prepared by
- SHOLES AND SHOLES
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 | 990-PF 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
- 23-7089984
- 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
- 1970
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $146,564
- Income (IRS master file)
- $5,400
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $5,400 | $11,585 | $146,564 | IRS |
| 990-PF | December 2024 | $7,232 | $1,664 | $152,749 | XML |
| 990-PF | December 2023 | $4,585 | $1,118 | $147,181 | 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 23-7089984).
Questions about LEONARD J SHOLES CHARITABLE FOUNDATION
- What is the EIN of LEONARD J SHOLES CHARITABLE FOUNDATION?
- The employer identification number (EIN) of LEONARD J SHOLES CHARITABLE FOUNDATION is 23-7089984.
- Is LEONARD J SHOLES CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to LEONARD J SHOLES CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LEONARD J SHOLES CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LEONARD J SHOLES CHARITABLE FOUNDATION 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 LEONARD J SHOLES CHARITABLE FOUNDATION 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 LEONARD J SHOLES CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does LEONARD J SHOLES CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $5,400, expenses of $11,585 and total assets of $146,564 at year end.
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