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Nonprofit · EIN 32-0015483

THE@LEE AND PATTI SCHEAR FAMILY FOUNDATION INC

Tax-exempt · OAKWOOD, OH 45419

Financials

$41K$104K2023$73K$204K2024
Revenue Expenses · by fiscal year end
Financials of THE@LEE AND PATTI SCHEAR FAMILY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$72,910$203,545-$130,635$460,712$1,515$459,197
December 31, 2023990-PF$41,428$103,787-$62,359$591,348$1,516$589,832
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$2,603
Interest
$50
Net gain from sales of assets
$70,257

Expenses

Grants and similar amounts paid
$200,000
Disbursements for charitable purposes
$200,000
Excise tax on investment income
$481

Balance sheet and other

Total assets, start of year
$591,348
Total assets, end of year
$460,712
Total liabilities, end of year
$1,515
Net assets, end of year
$459,197
Fair market value of assets
$411,612
Qualifying distributions
$200,000
Net investment income
$38,139

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
LEE SCHEAR
1130 HARMAN AVENUE, DAYTON, OH 454193023
PRESIDENT0.25$0
PATRICIA SCHEAR
1130 HARMAN AVE, DAYTON, OH 45419
DIRECTOR0.25$0
L KEITH BRUNNER
45 CONGRESSIONAL PLACE, SPRINGBORO, OH 45066
DIRECTOR0.25$0
JOHN M CLOUD
1834 QUAIL HOLLOW RD, CENTERVILLE, OH 45459
DIRECTOR0.25$0
MARTIN SCHEAR
C/O SCHEAR FAMILY FOUNDATION, DAYTON, OH 454193023
DIRECTOR0.25$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
LEE SCHEAR
1130 HARMAN AVENUE, DAYTON, OH 454193023
PRESIDENT0.25$0
PATRICIA SCHEAR
1130 HARMAN AVE, DAYTON, OH 45419
DIRECTOR0.25$0
L KEITH BRUNNER
45 CONGRESSIONAL PLACE, SPRINGBORO, OH 45066
DIRECTOR0.25$0
JOHN M CLOUD
1834 QUAIL HOLLOW RD, CENTERVILLE, OH 45459
DIRECTOR0.25$0
MARTIN SCHEAR
C/O SCHEAR FAMILY FOUNDATION, DAYTON, OH 454193023
DIRECTOR0.25$0

Address and contacts

Address (IRS master file)
1130 HARMAN AVE, OAKWOOD, OH 45419-3023
In care of
% JOHN M CLOUD ESQ ROGERS & GREENBE
Signed the 990-PF
LEE SCHEAR, PRESIDENT
Phone
(937) 228-5600
Return prepared by
DUVALL & 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 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
32-0015483
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
2002
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$460,712
Income (IRS master file)
$238,138

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$72,910$203,545$460,712XML
990-PFDecember 2023$41,428$103,787$591,348XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 32-0015483).

Questions about THE@LEE AND PATTI SCHEAR FAMILY FOUNDATION INC

What is the EIN of THE@LEE AND PATTI SCHEAR FAMILY FOUNDATION INC?
The employer identification number (EIN) of THE@LEE AND PATTI SCHEAR FAMILY FOUNDATION INC is 32-0015483.
Is THE@LEE AND PATTI SCHEAR FAMILY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to THE@LEE AND PATTI SCHEAR FAMILY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE@LEE AND PATTI SCHEAR FAMILY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of THE@LEE AND PATTI SCHEAR FAMILY FOUNDATION INC 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@LEE AND PATTI SCHEAR FAMILY FOUNDATION INC 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@LEE AND PATTI SCHEAR FAMILY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does THE@LEE AND PATTI SCHEAR FAMILY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $72,910, expenses of $203,545 and total assets of $460,712 at year end.

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