Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 35-2000442

BETLEY FOUNDATION INC

Tax-exempt · INDIANAPOLIS, IN 46205

Financials

$9K$26K2023$269K$28K2024
Revenue Expenses · by fiscal year end
Financials of BETLEY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$268,605$28,365$240,240$393,463$0$393,463
December 31, 2023990-PF$8,670$26,195-$17,525$171,706$0$171,706
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$9,300
Interest
$42
Net gain from sales of assets
$259,263

Expenses

Grants and similar amounts paid
$23,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$23,000
Excise tax on investment income
$3,659

Balance sheet and other

Total assets, start of year
$171,706
Total assets, end of year
$393,463
Total liabilities, end of year
$0
Net assets, end of year
$393,463
Fair market value of assets
$778,696
Qualifying distributions
$23,000
Net investment income
$268,605

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
KATHRYN G BETLEY
9373 SPRING FOREST DRIVE, INDIANAPOLIS, IN 46260
PRESIDENT, DIRECTOR0$0
LEONARD J BETLEY
9373 SPRING FOREST DRIVE, INDIANAPOLIS, IN 46260
SECRETARY/TREASURER, DIREC0$0
THOMAS L BETLEY
324 E 45TH STREET, INDIANAPOLIS, IN 46205
VICE-PRESIDENT, DIRECTOR0$0
JAMES R BETLEY
4235 CENTRAL AVENUE, INDIANAPOLIS, IN 46205
VICE-PRESIDENT, DIRECTOR0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
KATHRYN G BETLEY
9373 SPRING FOREST DRIVE, INDIANAPOLIS, IN 46260
PRESIDENT, DIRECTOR0$0
LEONARD J BETLEY
9373 SPRING FOREST DRIVE, INDIANAPOLIS, IN 46260
SECRETARY/TREASURER, DIREC0$0
THOMAS L BETLEY
324 E 45TH STREET, INDIANAPOLIS, IN 46205
VICE-PRESIDENT, DIRECTOR0$0
JAMES R BETLEY
4235 CENTRAL AVENUE, INDIANAPOLIS, IN 46205
VICE-PRESIDENT, DIRECTOR0$0

Address and contacts

Address (IRS master file)
4170 CENTRAL AVE, INDIANAPOLIS, IN 46205-2605
Signed the 990-PF
JAMES BETLEY, VICE PRESIDENT
Phone
(317) 989-0278
Return prepared by
DAUBY O'CONNOR & ZALESKI 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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
35-2000442
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
1996
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$393,463
Income (IRS master file)
$268,645

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$268,605$28,365$393,463XML
990-PFDecember 2023$8,670$26,195$171,706XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
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 35-2000442).

Questions about BETLEY FOUNDATION INC

What is the EIN of BETLEY FOUNDATION INC?
The employer identification number (EIN) of BETLEY FOUNDATION INC is 35-2000442.
Is BETLEY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to BETLEY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BETLEY FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of BETLEY 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 BETLEY 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 BETLEY FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does BETLEY FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $268,605, expenses of $28,365 and total assets of $393,463 at year end.

Other nonprofits in INDIANAPOLIS

All nonprofits in INDIANAPOLIS · Indiana · Philanthropy, voluntarism and grantmaking foundations