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Nonprofit · EIN 35-2063157

MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC

Also known as MCR CHARITABLE FOUNDATION INC

Tax-exempt · INDIANAPOLIS, IN 46256

Financials

$66K$185K2023$144K$346K2024$81K$314K2025
Revenue Expenses · by fiscal year end
Financials of MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$81,096$314,206-$233,110$993,815$199$993,616
December 31, 2024990-PF$143,597$346,411-$202,814$1,227,340$0$1,227,340
December 31, 2023990-PF$65,990$185,189-$119,199$1,430,999$122$1,430,877
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$39,524
Net gain from sales of assets
$41,355
Other income
$217

Expenses

Grants and similar amounts paid
$243,500
Compensation of officers, directors and key employees
$50,280
Disbursements for charitable purposes
$310,216
Excise tax on investment income
$1,072

Balance sheet and other

Total assets, start of year
$1,227,340
Total assets, end of year
$993,815
Total liabilities, end of year
$199
Net assets, end of year
$993,616
Fair market value of assets
$1,158,875
Qualifying distributions
$310,216
Net investment income
$81,096

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
MARJORIE WILKERSON
1759 DEVONSHIRE AVE, AVON, IN 46123
EXEC DIR & SECY30$50,280
MARGARET C RUSSELL
23810 TUSCANY WAY, BONITA SPRINGS, FL 34134
PRESIDENT & TREASURER8$0
MARY K SCHNITZ
11088 SPRINGMILL LN, CARMEL, IN 46032
BOARD MEMBER1$0
PAM SMITH
5035 BUCKEYE CT, CARMEL, IN 46033
BOARD MEMBER1$0
MARJORIE WILKERSON
1759 DEVONSHIRE AVENUE, AVON, IN 46123
SECRETARY
Highest-paid employee
30$0
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
MARJORIE WILKERSON
1759 DEVONSHIRE AVENUE, AVON, IN 46123
SECRETARY
Highest-paid employee
30$52,425
MARGARET C RUSSELL
23810 TUSCANY WAY, BONITA SPRINGS, FL 34134
PRESIDENT & TREASURER8$0
MARY K SCHNITZ
11088 SPRING MILL LN, CARMEL, IN 46032
BOARD MEMBER1$0
MARJORIE WILKERSON
1759 DEVONSHIRE AVE, AVON, IN 46123
EXEC DIR & SECY30$0
STEPHEN L RUSSELL
23810 TUSCANY WAY, BONITA SPRINGS, FL 34134
BOARD MEMBER8$0
PAM SMITH
5035 BUCKEYE CT, CARMEL, IN 46033
BOARD MEMBER1$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
MARJORIE WILKERSON
1759 DEVONSHIRE AVE, AVON, IN 46123
EXEC DIR & SECY30$32,400
MARJORIE WILKERSON
1759 DEVONSHIRE AVENUE, AVON, IN 46123
SECRETARY
Highest-paid employee
30$32,400
MARGARET C RUSSELL
23810 TUSCANY WAY, BONITA SPRINGS, FL 34134
PRESIDENT & TREASURER8$0
MARY K SCHNITZ
11088 SPRING MILL LN, CARMEL, IN 46032
BOARD MEMBER1$0
STEPHEN L RUSSELL
23810 TUSCANY WAY, BONITA SPRINGS, FL 34134
BOARD MEMBER8$0
PAM SMITH
5035 BUCKEYE CT, CARMEL, IN 46033
BOARD MEMBER1$0

Address and contacts

Address (IRS master file)
7643 WILLIAM PENN PL, INDIANAPOLIS, IN 46256-2289
In care of
% MARGARET COLE RICHARDS
Signed the 990-PF
MARGARET C RUSSELL, PRESIDENT
Phone
(317) 841-7643
Return prepared by
MS CASSEN AND COMPANY PC

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
35-2063157
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)
$993,815
Income (IRS master file)
$748,528

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$81,096$314,206$993,815XML
990-PFDecember 2024$143,597$346,411$1,227,340XML
990-PFDecember 2023$65,990$185,189$1,430,999XML
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 35-2063157).

Questions about MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC

What is the EIN of MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC?
The employer identification number (EIN) of MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC is 35-2063157.
Is MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC 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 MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC 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 MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $50,280 (MARJORIE WILKERSON, EXEC DIR & SECY).
How much revenue does MARGARET COLE RICHARDS CHARITABLE FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $81,096, expenses of $314,206 and total assets of $993,815 at year end.

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