Nonprofit · EIN 27-0226408
THE ARIEL FOUNDATION
Tax-exempt · MOUNT VERNON, OH 43050
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,646,135 | $7,975,020 | -$4,328,885 | $38,571,498 | $0 | $38,571,498 |
| December 31, 2023 | 990-PF | $5,874,067 | $4,143,058 | $1,731,009 | $43,159,700 | $0 | $43,159,700 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $321,896
- Interest
- $30,276
- Net gain from sales of assets
- $1,659,034
- Other income
- $1,634,929
Expenses
- Grants and similar amounts paid
- $7,770,651
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $44,646
- Disbursements for charitable purposes
- $7,770,651
- Excise tax on investment income
- $31,260
Balance sheet and other
- Total assets, start of year
- $43,159,700
- Total assets, end of year
- $38,571,498
- Total liabilities, end of year
- $0
- Net assets, end of year
- $38,571,498
- Fair market value of assets
- $38,571,498
- Qualifying distributions
- $7,770,651
- Net investment income
- $2,574,557
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN BUCHWALD WRIGHT 121 EAST HIGH STREET, MOUNT VERNON, OH 43050 | SUPERV.DIR., CHAIRMAN,PRES | 1 | $0 |
| KURT SCHISLER 121 EAST HIGH STREET, MOUNT VERNON, OH 43050 | CURRENT DIRECTOR, SECRETARY, TREASURER | 5 | $0 |
| THOMAS RASTIN 121 EAST HIGH STREET, MOUNT VERNON, OH 43050 | DIRECTOR | 1 | $0 |
| JEN ODENWELLER 121 EAST HIGH STREET, MOUNT VERNON, OH 43050 | EXECUTIVE DIRECTOR | 30 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN BUCHWALD WRIGHT 121 EAST HIGH STREET, MOUNT VERNON, OH 43050 | SUPERV.DIR., CHAIRMAN,PRES | 1 | $0 |
| THOMAS RASTIN 121 EAST HIGH STREET, MOUNT VERNON, OH 43050 | DIRECTOR | 1 | $0 |
| JEN ODENWELLER 121 EAST HIGH STREET, MOUNT VERNON, OH 43050 | EXECUTIVE DIRECTOR | 30 | $0 |
| KURT SCHISLER 121 EAST HIGH STREET, MOUNT VERNON, OH 43050 | CURRENT DIRECTOR, SECRETARY, TREASURER | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 121 E HIGH ST, MOUNT VERNON, OH 43050-3401
- In care of
- % JANET REYNOLDS
- Signed the 990-PF
- KURT SCHISLER, SECRETARY / TREASURER
- Phone
- (740) 392-0364
- Return prepared by
- REA & ASSOCIATES INC
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 | Not 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
- 27-0226408
- 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
- 2009
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $38,571,498
- Income (IRS master file)
- $4,717,282
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $3,646,135 | $7,975,020 | $38,571,498 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $5,874,067 | $4,143,058 | $43,159,700 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | 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 27-0226408).
Questions about THE ARIEL FOUNDATION
- What is the EIN of THE ARIEL FOUNDATION?
- The employer identification number (EIN) of THE ARIEL FOUNDATION is 27-0226408.
- Is THE ARIEL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to THE ARIEL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE ARIEL FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE ARIEL 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 THE ARIEL 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 THE ARIEL FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does THE ARIEL FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,646,135, expenses of $7,975,020 and total assets of $38,571,498 at year end.
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