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Nonprofit · EIN 34-1873460

FIFTH GENERATION FOUNDATION

Tax-exempt · SOLON, OH 44139

Financials

$97K$128K2023$135K$135K2024$200K$133K2025
Revenue Expenses · by fiscal year end
Financials of FIFTH GENERATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$200,011$132,668$67,343$2,237,924$0$2,237,924
December 31, 2024990-PF$134,654$134,620$34$2,155,107$0$2,155,107
December 31, 2023990-PF$96,929$127,899-$30,970$2,235,169$0$2,235,169
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$48,327
Net gain from sales of assets
$151,684

Expenses

Grants and similar amounts paid
$127,565
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$127,565
Excise tax on investment income
$2,743

Balance sheet and other

Total assets, start of year
$2,155,107
Total assets, end of year
$2,237,924
Total liabilities, end of year
$0
Net assets, end of year
$2,237,924
Fair market value of assets
$2,764,866
Qualifying distributions
$127,565
Net investment income
$200,011

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.

NameTitleHours / weekCompensation
RAYMOND M MURPHY
180 BEACH DRIVE NE 602, SAINT PETERSBURG, FL 33701
PRESIDENT, TREASURER, TRUS0$0
MARY K MURPHY
180 BEACH DRIVE NE 602, SAINT PETERSBURG, FL 33701
SECRETARY, TRUSTEE0$0
JOHN B MURPHY
31645 WINNERS CIR, AVON LAKE, OH 44012
TRUSTEE0$0
LISA MURPHY
31645 WINNERS CIR, AVON LAKE, OH 44012
TRUSTEE0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
RAYMOND M MURPHY
180 BEACH DRIVE NE 602, SAINT PETERSBURG, FL 33701
PRESIDENT, TREASURER, TRUS0$0
MARY K MURPHY
180 BEACH DRIVE NE 602, SAINT PETERSBURG, FL 33701
SECRETARY, TRUSTEE0$0
JOHN B MURPHY
31645 WINNERS CIR, AVON LAKE, OH 44012
TRUSTEE0$0
LISA MURPHY
31645 WINNERS CIR, AVON LAKE, OH 44012
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
RAYMOND M MURPHY
180 BEACH DRIVE NE 602, SAINT PETERSBURG, FL 33701
PRESIDENT, TREASURER, TRUS0$0
MARY K MURPHY
180 BEACH DRIVE NE 602, SAINT PETERSBURG, FL 33701
SECRETARY, TRUSTEE0$0
JOHN B MURPHY
31645 WINNERS CIR, AVON LAKE, OH 44012
TRUSTEE0$0
LISA MURPHY
31645 WINNERS CIR, AVON LAKE, OH 44012
TRUSTEE0$0

Address and contacts

Address (IRS master file)
31025 CARTER ST, SOLON, OH 44139-3521
In care of
% RAYMOND M MURPHY TTEE
Signed the 990-PF
RAYMOND M MURPHY, PRESIDENT
Phone
(216) 831-7320
Return prepared by
CORIENT TAX LLC

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
34-1873460
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
1999
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,237,924
Income (IRS master file)
$200,116

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$200,011$132,668$2,237,924IRS
990-PFDecember 2024$134,654$134,620$2,155,107IRS
990-PFDecember 2023$96,929$127,899$2,235,169XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––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 34-1873460).

Questions about FIFTH GENERATION FOUNDATION

What is the EIN of FIFTH GENERATION FOUNDATION?
The employer identification number (EIN) of FIFTH GENERATION FOUNDATION is 34-1873460.
Is FIFTH GENERATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to FIFTH GENERATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FIFTH GENERATION FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of FIFTH GENERATION FOUNDATION 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 FIFTH GENERATION FOUNDATION 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 FIFTH GENERATION FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does FIFTH GENERATION FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $200,011, expenses of $132,668 and total assets of $2,237,924 at year end.

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