Nonprofit · EIN 26-2126240
DAVID R MCSHANE CHARITABLE FOUNDATION
Tax-exempt · PHILADELPHIA, PA 19107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $61,496 | $445,860 | -$384,364 | $3,912,326 | $0 | $3,912,326 |
| December 31, 2024 | 990-PF | $87,443 | $368,505 | -$281,062 | $4,296,690 | $0 | $4,296,690 |
| December 31, 2023 | 990-PF | $4,805,489 | $164,148 | $4,641,341 | $5,250,751 | $579,447 | $4,671,304 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $33,416
- Interest
- $394
- Net gain from sales of assets
- $27,686
Expenses
- Grants and similar amounts paid
- $200,000
- Compensation of officers, directors and key employees
- $28,585
- Disbursements for charitable purposes
- $230,485
Balance sheet and other
- Total assets, start of year
- $4,296,690
- Total assets, end of year
- $3,912,326
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,912,326
- Fair market value of assets
- $4,007,346
- Qualifying distributions
- $230,485
- Net investment income
- $61,496
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 |
|---|---|---|---|
| MICHAEL SWEENEY 1111 Manning Street, Philadelphia, PA 19107 | TRUSTEE | 5 | $28,585 |
| BRENDAN SULLIVAN 6764 Paxson Road, New Hope, PA 18938 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRENDAN SULLIVAN 6764 Paxson Road, New Hope, PA 18938 | TRUSTEE | 1 | $0 |
| MICHAEL SWEENEY 6764 Paxson Road, New Hope, PA 18938 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRENDAN SULLIVAN 6764 Paxson Road, New Hope, PA 18938 | TRUSTEE | 1 | $0 |
| MICHAEL SWEENEY 6764 Paxson Road, New Hope, PA 18938 | TRUSTEE | 1 | $0 |
| BRUCE GANGAWER 6764 Paxson Road, New Hope, PA 18938 | TRUSTEE | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1111 MANNING ST, PHILADELPHIA, PA 19107-6742
- In care of
- % DAVID R MCSHANE
- Signed the 990-PF
- MICHAEL SWEENEY, TRUSTEE
- Phone
- (215) 913-5560
- Return prepared by
- Olsen & Thompson PA
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
- 26-2126240
- 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
- 2008
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $3,912,326
- Income (IRS master file)
- $396,425
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $61,496 | $445,860 | $3,912,326 | XML |
| 990-PF | December 2024 | $87,443 | $368,505 | $4,296,690 | XML |
| 990-PF | December 2023 | $4,805,489 | $164,148 | $5,250,751 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 26-2126240).
Questions about DAVID R MCSHANE CHARITABLE FOUNDATION
- What is the EIN of DAVID R MCSHANE CHARITABLE FOUNDATION?
- The employer identification number (EIN) of DAVID R MCSHANE CHARITABLE FOUNDATION is 26-2126240.
- Is DAVID R MCSHANE CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to DAVID R MCSHANE CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DAVID R MCSHANE CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DAVID R MCSHANE 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 DAVID R MCSHANE 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 DAVID R MCSHANE CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $28,585 (MICHAEL SWEENEY, TRUSTEE).
- How much revenue does DAVID R MCSHANE CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $61,496, expenses of $445,860 and total assets of $3,912,326 at year end.
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