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Nonprofit · EIN 33-0048410

S G FOUNDATION

Tax-exempt · SOLVANG, CA 93464

Financials

$623K$6.1M2021$369K$661K2023$1.1M$768K2024
Revenue Expenses · by fiscal year end
Financials of S G FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,053,932$768,393$285,539$6,083,033$7,573$6,075,460
December 31, 2023990-PF$369,437$661,259-$291,822$5,792,966$3,045$5,789,921
December 31, 2021990-PF (amended)$623,066$6,142,027-$5,518,961$5,355,427$2,914$5,352,513
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$202,165
Net gain from sales of assets
$851,767

Expenses

Grants and similar amounts paid
$443,250
Compensation of officers, directors and key employees
$48,000
Salaries, compensation and benefits (total)
$51,450
Disbursements for charitable purposes
$501,880
Excise tax on investment income
$13,499

Balance sheet and other

Total assets, start of year
$5,792,966
Total assets, end of year
$6,083,033
Total liabilities, end of year
$7,573
Net assets, end of year
$6,075,460
Fair market value of assets
$10,584,282
Qualifying distributions
$501,880
Net investment income
$1,053,932

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
LYNN R GILDRED
300 S REFUGIO RD, SANTA YNEZ, CA 93460
President4$12,000
DUANE E SERRITSLEV
2462 SCHOOL STREET, BALLARD, CA 93463
Secretary4$12,000
TODD GILDRED
PO BOX 366, SOLVANG, CA 93464
Director4$12,000
TYLER GILDRED
PO BOX 366, SOLVANG, CA 93464
Director4$12,000
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
LYNN R GILDRED
300 S REFUGIO RD, SANTA YNEZ, CA 93460
President3$12,000
DUANE E SERRITSLEV
2462 SCHOOL STREET, BALLARD, CA 93463
Secretary3$12,000
TODD GILDRED
PO BOX 366, SOLVANG, CA 93464
Director3$12,000
TYLER GILDRED
PO BOX 366, SOLVANG, CA 93464
Director3$12,000
990-PF for the year ended December 31, 2021: 4 people
NameTitleHours / weekCompensation
LYNN R GILDRED
300 S REFUGIO RD, SANTA YNEZ, CA 93460
President0$12,000
DUANE E SERRITSLEV
2462 SCHOOL STREET, BALLARD, CA 93463
Secretary0$12,000
TODD GILDRED
PO BOX 366, SOLVANG, CA 93464
Director0$12,000
TYLER GILDRED
PO BOX 366, SOLVANG, CA 93464
Director0$12,000

Address and contacts

Address (IRS master file)
PO BOX 284, SOLVANG, CA 93464-0284
Signed the 990-PF
LYNN R GILDRED, President
Phone
(805) 688-0088
Return prepared by
Serritslev Norwine & CO CPAs LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 33-0048410 or by the name S G FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

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
33-0048410
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
1985
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$6,083,033
Income (IRS master file)
$2,301,477

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,053,932$768,393$6,083,033IRS
990-PFDecember 2023$369,437$661,259$5,792,966XML
990-PFDecember 2022–––IRS
990-PFDecember 2021$623,066$6,142,027$5,355,427XML
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 33-0048410).

Questions about S G FOUNDATION

What is the EIN of S G FOUNDATION?
The employer identification number (EIN) of S G FOUNDATION is 33-0048410.
Is S G FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to S G FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does S G FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of S G 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 S G 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 S G FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $12,000 (LYNN R GILDRED, President).
How much revenue does S G FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,053,932, expenses of $768,393 and total assets of $6,083,033 at year end.

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