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Nonprofit · EIN 36-3999865

BUCKEYE FOUNDATION

Tax-exempt · FRANKFORT, IL 60423

Financials

$1.5M$1.7M2023$3.4M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of BUCKEYE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$3,354,893$2,358,964$995,929$35,779,087$1,695$35,777,392
December 31, 2023990-PF$1,489,561$1,678,237-$188,676$34,791,463$0$34,791,463
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$1,306,914
Net gain from sales of assets
$2,276,068
Other income
-$228,089

Expenses

Grants and similar amounts paid
$1,286,196
Compensation of officers, directors and key employees
$100,000
Disbursements for charitable purposes
$1,425,650
Excise tax on investment income
$33,730

Balance sheet and other

Total assets, start of year
$34,791,463
Total assets, end of year
$35,779,087
Total liabilities, end of year
$1,695
Net assets, end of year
$35,777,392
Fair market value of assets
$33,184,397
Qualifying distributions
$1,425,650
Net investment income
$3,349,918

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
MARY KAREN PATRICK PHILIP
FH ASSOC 20940 S FRANKFORT SQ RD, FRANKFORT, IL 60423
TREASURER -- PART-TIME0$100,000
MARILYN M PATRICK
FH ASSOC 20940 S FRANKFORT SQ RD, FRANKFORT, IL 60423
PRESIDENT -- PART-TIME0$0
THOMAS H PATRICK
FH ASSOC 20940 S FRANKFORT SQ RD, FRANKFORT, IL 60423
SECRETARY -- PART-TIME0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MARY KAREN PATRICK PHILIP
FH ASSOC 20940 S FRANKFORT SQ RD, FRANKFORT, IL 60423
TREASURER -- PART-TIME0$100,000
MARILYN M PATRICK
FH ASSOC 20940 S FRANKFORT SQ RD, FRANKFORT, IL 60423
PRESIDENT -- PART-TIME0$0
THOMAS H PATRICK
FH ASSOC 20940 S FRANKFORT SQ RD, FRANKFORT, IL 60423
SECRETARY -- PART-TIME0$0

Address and contacts

Address (IRS master file)
20940 S FRANKFORT SQUARE RD, FRANKFORT, IL 60423-8123
In care of
% MARY KAREN PATRICK PHILIP
Signed the 990-PF
KAREN PHILIP, TREASURER
Phone
(312) 642-9503
Return prepared by
FRIEDMAN & HUEY ASSOC LLP

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
36-3999865
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)
$35,779,087
Income (IRS master file)
$3,354,893

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$3,354,893$2,358,964$35,779,087XML
990-TDecember 2024–––IRS
990-PFDecember 2023$1,489,561$1,678,237$34,791,463XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2017–––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 36-3999865).

Questions about BUCKEYE FOUNDATION

What is the EIN of BUCKEYE FOUNDATION?
The employer identification number (EIN) of BUCKEYE FOUNDATION is 36-3999865.
Is BUCKEYE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to BUCKEYE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BUCKEYE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BUCKEYE 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 BUCKEYE 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 BUCKEYE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $100,000 (MARY KAREN PATRICK PHILIP, TREASURER -- PART-TIME).
How much revenue does BUCKEYE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,354,893, expenses of $2,358,964 and total assets of $35,779,087 at year end.

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