Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 26-2862771

PRESTON AND CATHARINE WHITE FOUNDATION

Tax-exempt · VIRGINIA BCH, VA 23471

Financials

$223K$333K2023$456K$472K2024
Revenue Expenses · by fiscal year end
Financials of PRESTON AND CATHARINE WHITE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$456,439$471,777-$15,338$7,535,272$7,000$7,528,272
December 31, 2023990-PF$222,976$332,634-$109,658$7,491,768$0$7,491,768
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$223,714
Interest
$7,651
Net gain from sales of assets
$225,074

Expenses

Grants and similar amounts paid
$401,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$403,138
Excise tax on investment income
$5,390

Balance sheet and other

Total assets, start of year
$7,491,768
Total assets, end of year
$7,535,272
Total liabilities, end of year
$7,000
Net assets, end of year
$7,528,272
Fair market value of assets
$10,313,778
Qualifying distributions
$403,138
Net investment income
$456,436

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 / weekCompensation
CATHARINE M WHITE
8404 OCEAN FRONT AVE, VIRGINIA BEACH, VA 23451
TREASURER & SECRETARY0$0
PRESTON M WHITE
8404 OCEAN FRONT AVE, VIRGINIA BEACH, VA 23451
PRESIDENT0$0
CATHARINE GLOVER CARTWRIGHT
4305 WESTWELL LANE, VIRGINIA BEACH, VA 23455
DIRECTOR0$0
JENIFER RUSH HEILIG
4009 ELLICOTT STREET, ALEXANDRIA, VA 22304
DIRECTOR0$0
MASON P CARRINGTON
32 BRANT STREET NW, WASHINGTON, DC 20001
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Preston M White
8404 ocean Front Ave, Virginia Beach, VA 23451
President0$0
Catherine M White
8404 Ocean Front Ave, Virginia Beach, VA 23451
Treasurer and Secretary0$0
Mason P Carrington
32 Brant Street NW, Washington, DC 20001
Director0$0
Catherine Glover Cartwright
4305 Westwell Lane, Virginia Beach, VA 23455
Director0$0
Jenifer Rush Heilig
4009 Ellicott Street, Alexandria, VA 22304
Director0$0

Address and contacts

Address (IRS master file)
PO BOX 5530, VIRGINIA BCH, VA 23471-0530
Signed the 990-PF
PRESTON M WHITE, PRESIDENT
Phone
(757) 460-5366
Return prepared by
CLEARSTEAD

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
26-2862771
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
Assets (IRS master file)
$7,535,272
Income (IRS master file)
$2,219,683

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$456,439$471,777$7,535,272IRS
990-PFDecember 2023$222,976$332,634$7,491,768XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 26-2862771).

Questions about PRESTON AND CATHARINE WHITE FOUNDATION

What is the EIN of PRESTON AND CATHARINE WHITE FOUNDATION?
The employer identification number (EIN) of PRESTON AND CATHARINE WHITE FOUNDATION is 26-2862771.
Is PRESTON AND CATHARINE WHITE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to PRESTON AND CATHARINE WHITE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PRESTON AND CATHARINE WHITE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of PRESTON AND CATHARINE WHITE FOUNDATION 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 PRESTON AND CATHARINE WHITE FOUNDATION 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 PRESTON AND CATHARINE WHITE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does PRESTON AND CATHARINE WHITE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $456,439, expenses of $471,777 and total assets of $7,535,272 at year end.

Other nonprofits in VIRGINIA BCH

All nonprofits in VIRGINIA BCH · Virginia · Philanthropy, voluntarism and grantmaking foundations