Nonprofit · EIN 37-1845516
WALLACE AND MARY CASNELLI FOUNDATION
Tax-exempt · KNOXVILLE, TN 37919
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2025 | 990-PF | $463,904 | $405,435 | $58,469 | $5,576,074 | $0 | $5,576,074 |
| November 30, 2024 | 990-PF | $287,305 | $409,728 | -$122,423 | $5,517,639 | $0 | $5,517,639 |
| November 30, 2023 | 990-PF | $250,872 | $395,964 | -$145,092 | $5,640,078 | $0 | $5,640,078 |
Financial details: 990-PF for the year ended November 30, 2025
Revenue
- Dividends
- $187,081
- Net gain from sales of assets
- $276,823
Expenses
- Grants and similar amounts paid
- $351,000
- Compensation of officers, directors and key employees
- $44,662
- Disbursements for charitable purposes
- $375,298
- Excise tax on investment income
- $6,088
Balance sheet and other
- Total assets, start of year
- $5,517,639
- Total assets, end of year
- $5,576,074
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,576,074
- Fair market value of assets
- $7,637,232
- Qualifying distributions
- $375,298
- Net investment income
- $463,875
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 November 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THE TRUST COMPANY OF TENNESSEE 4823 OLD KINGSTON PIKE, KNOXVILLE, TN 37919 | TRUSTEE | 1 | $44,662 |
| Sharon J Pryse 4823 OLD KINGSTON PIKE, KNOXVILLE, TN 37919 | ADVISOR | 0 | $0 |
| HOWARD ROGER RANKIN 3617 LAUREL OAK LN, KNOXVILLE, TN 37931 | ADVISOR | 0 | $0 |
990-PF for the year ended November 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THE TRUST COMPANY OF TENNESSEE 4823 OLD KINGSTON PIKE, KNOXVILLE, TN 37919 | TRUSTEE | 1 | $43,193 |
| Sharon J Pryse 4823 OLD KINGSTON PIKE, KNOXVILLE, TN 37919 | ADVISOR | 0 | $0 |
| HOWARD ROGER RANKIN 3617 LAUREL OAK LN, KNOXVILLE, TN 37931 | ADVISOR | 0 | $0 |
990-PF for the year ended November 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THE TRUST COMPANY OF TENNESSEE 4823 OLD KINGSTON PIKE, KNOXVILLE, TN 37919 | TRUSTEE | 1 | $40,601 |
| STACY E ROETTGER 4823 OLD KINGSTON PIKE, KNOXVILLE, TN 37919 | ADVISOR | 0 | $0 |
| WILL J PUGH 315 N CEDAR BLUFF 200, KNOXVILLE, TN 37923 | ADVISOR | 0 | $0 |
| HOWARD ROGER RANKIN 3617 LAUREL OAK LN, KNOXVILLE, TN 37931 | ADVISOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 4823 OLD KINGSTON PIKE STE 100, KNOXVILLE, TN 37919-6499
- In care of
- % STACY ROETTGER
- Signed the 990-PF
- SHARON J PRYSE, Officer
- Phone
- (865) 971-1902
- Return prepared by
- ERNST & YOUNG US 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 November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | 990-PF on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990-PF on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990-PF on file |
IRS record
- EIN
- 37-1845516
- 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
- 2017
- Accounting year ends
- November
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $5,576,074
- Income (IRS master file)
- $1,229,986
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | November 2025 | $463,904 | $405,435 | $5,576,074 | XML |
| 990-PF | November 2024 | $287,305 | $409,728 | $5,517,639 | XML |
| 990-PF | November 2023 | $250,872 | $395,964 | $5,640,078 | XML |
| 990-PF | November 2022 | – | – | – | IRS |
| 990-PF | November 2021 | – | – | – | IRS |
| 990-PF | November 2020 | – | – | – | 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 37-1845516).
Questions about WALLACE AND MARY CASNELLI FOUNDATION
- What is the EIN of WALLACE AND MARY CASNELLI FOUNDATION?
- The employer identification number (EIN) of WALLACE AND MARY CASNELLI FOUNDATION is 37-1845516.
- Is WALLACE AND MARY CASNELLI FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to WALLACE AND MARY CASNELLI FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WALLACE AND MARY CASNELLI FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WALLACE AND MARY CASNELLI FOUNDATION due?
- The return for tax year 2025 (the year ending November 30, 2026) is due April 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WALLACE AND MARY CASNELLI FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended November 2025.
- Who are the officers and directors of WALLACE AND MARY CASNELLI FOUNDATION?
- The 990-PF for the year ended November 30, 2025 lists 3 people; 1 received compensation from the organization, the highest $44,662 (THE TRUST COMPANY OF TENNESSEE, TRUSTEE).
- How much revenue does WALLACE AND MARY CASNELLI FOUNDATION have?
- On its 990-PF for the year ended November 30, 2025 it reported revenue of $463,904, expenses of $405,435 and total assets of $5,576,074 at year end.
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