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Nonprofit · EIN 26-6165374

KERN FOUNDATION IRREVOCABLE TRUST

Also known as THOMAS W KERN TTEE

Tax-exempt · DURHAM, NC 27707

Financials

$8K$11K2023$27K$6K2024
Revenue Expenses · by fiscal year end
Financials of KERN FOUNDATION IRREVOCABLE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$26,539$6,390$20,149$153,268$0$0
December 31, 2023990-PF$8,461$11,217-$2,756$133,120$0$0
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$3,989
Net gain from sales of assets
$22,550

Expenses

Grants and similar amounts paid
$4,400
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$4,400
Excise tax on investment income
$353

Balance sheet and other

Total assets, start of year
$133,120
Total assets, end of year
$153,268
Total liabilities, end of year
$0
Net assets, end of year
$0
Fair market value of assets
$184,266
Qualifying distributions
$4,400
Net investment income
$26,539

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
SUSAN CAMPBELL
40087 MARYDELL LN, DURHAM, NC 27707
TRUSTEE0$0
THOMAS CAMPBELL
518 WAYNE DR, RALEIGH, NC 27608
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
SUSAN CAMPBELL
40087 MARYDELL LN, DURHAM, NC 27707
TRUSTEE0$0
THOMAS CAMPBELL
518 WAYNE DR, RALEIGH, NC 27608
TRUSTEE0$0

Address and contacts

Address (IRS master file)
4007 MARYDELL LN, DURHAM, NC 27707-5704
In care of
% THOMAS K CAMPBELL
Signed the 990-PF
SUSAN CAMPBELL, TRUSTEE
Return prepared by
LINDSEY LINDSEY & COMPANY LLP

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
26-6165374
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
2022
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$153,268
Income (IRS master file)
$98,626

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$26,539$6,390$153,268XML
990-PFDecember 2023$8,461$11,217$133,120XML
990-PFDecember 2022–––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 26-6165374).

Questions about KERN FOUNDATION IRREVOCABLE TRUST

What is the EIN of KERN FOUNDATION IRREVOCABLE TRUST?
The employer identification number (EIN) of KERN FOUNDATION IRREVOCABLE TRUST is 26-6165374.
Is KERN FOUNDATION IRREVOCABLE TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to KERN FOUNDATION IRREVOCABLE TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KERN FOUNDATION IRREVOCABLE TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of KERN FOUNDATION IRREVOCABLE TRUST 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 KERN FOUNDATION IRREVOCABLE TRUST 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 KERN FOUNDATION IRREVOCABLE TRUST?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does KERN FOUNDATION IRREVOCABLE TRUST have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $26,539, expenses of $6,390 and total assets of $153,268 at year end.

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