Nonprofit · EIN 32-6007838
KAREN L BEAN IRREVOCABLE PRIVATE FOUNDATION TRUST KAREBARE
Also known as BEAN KAREN L TTEE
Tax-exempt · INDIANAPOLIS, IN 46204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $171,957 | $110,504 | $61,453 | $685,414 | $0 | $685,414 |
| December 31, 2024 | 990-PF | $114,208 | $107,699 | $6,509 | $623,961 | $0 | $623,961 |
| December 31, 2023 | 990-PF | $83,796 | $127,854 | -$44,058 | $617,452 | $0 | $617,452 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $22,127
- Net gain from sales of assets
- $149,830
Expenses
- Grants and similar amounts paid
- $47,350
- Compensation of officers, directors and key employees
- $40,000
- Disbursements for charitable purposes
- $47,350
- Excise tax on investment income
- $2,137
Balance sheet and other
- Total assets, start of year
- $623,961
- Total assets, end of year
- $685,414
- Total liabilities, end of year
- $0
- Net assets, end of year
- $685,414
- Fair market value of assets
- $1,018,448
- Qualifying distributions
- $47,350
- Net investment income
- $171,957
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 |
|---|---|---|---|
| KAREN L BEAN PO BOX 206, ARCADIA, IN 46030 | TRUSTEE | 20 | $40,000 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN L BEAN PO BOX 206, ARCADIA, IN 46030 | TRUSTEE | 20 | $40,000 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN L BEAN PO BOX 206, ARCADIA, IN 46030 | TRUSTEE | 20 | $40,000 |
Address and contacts
- Address (IRS master file)
- 107 N PENNSYLVANIA ST STE 500, INDIANAPOLIS, IN 46204-2420
- In care of
- % US BAND NA
- Signed the 990-PF
- KRIEG DEVAULT, TRUSTEE
- Phone
- (317) 848-4360
- Return prepared by
- KEHLENBRINKLAWRENCE & PAUCKNER
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
- 32-6007838
- 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
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T90)
- Assets (IRS master file)
- $685,414
- Income (IRS master file)
- $353,722
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $171,957 | $110,504 | $685,414 | IRS |
| 990-PF | December 2024 | $114,208 | $107,699 | $623,961 | IRS |
| 990-PF | December 2023 | $83,796 | $127,854 | $617,452 | 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 32-6007838).
Questions about KAREN L BEAN IRREVOCABLE PRIVATE FOUNDATION TRUST KAREBARE
- What is the EIN of KAREN L BEAN IRREVOCABLE PRIVATE FOUNDATION TRUST KAREBARE?
- The employer identification number (EIN) of KAREN L BEAN IRREVOCABLE PRIVATE FOUNDATION TRUST KAREBARE is 32-6007838.
- Is KAREN L BEAN IRREVOCABLE PRIVATE FOUNDATION TRUST KAREBARE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to KAREN L BEAN IRREVOCABLE PRIVATE FOUNDATION TRUST KAREBARE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KAREN L BEAN IRREVOCABLE PRIVATE FOUNDATION TRUST KAREBARE file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KAREN L BEAN IRREVOCABLE PRIVATE FOUNDATION TRUST KAREBARE 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 KAREN L BEAN IRREVOCABLE PRIVATE FOUNDATION TRUST KAREBARE 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 KAREN L BEAN IRREVOCABLE PRIVATE FOUNDATION TRUST KAREBARE?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $40,000 (KAREN L BEAN, TRUSTEE).
- How much revenue does KAREN L BEAN IRREVOCABLE PRIVATE FOUNDATION TRUST KAREBARE have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $171,957, expenses of $110,504 and total assets of $685,414 at year end.
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