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Nonprofit · EIN 38-3085402

KT FAMILY FOUNDATION

Tax-exempt · VERO BEACH, FL 32960

Financials

$547K$277K2023$464K$316K2024$436K$368K2025
Revenue Expenses · by fiscal year end
Financials of KT FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$435,652$367,973$67,679$3,119,596$0$3,119,596
December 31, 2024990-PF$463,565$315,833$147,732$3,051,917$0$3,051,917
December 31, 2023990-PF$546,971$277,350$269,621$2,904,915$0$2,904,915
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$106,991
Net gain from sales of assets
$328,661

Expenses

Grants and similar amounts paid
$311,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$315,033
Excise tax on investment income
$5,375

Balance sheet and other

Total assets, start of year
$3,051,917
Total assets, end of year
$3,119,596
Total liabilities, end of year
$0
Net assets, end of year
$3,119,596
Fair market value of assets
$7,028,214
Qualifying distributions
$315,033
Net investment income
$434,977

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
KRISTEN T HEANEY
986 SEAGRAPE LANE, VERO BEACH, FL 32963
DIRECTOR5$0
JANICE L THOMPSON
5305 ASHTON COURT, WASHINGTON TWP, MI 48095
DIRECTOR20$0
LAURI A PALAZZOLO
66550 MT VERNON, WASHINGTON TWP, MI 48095
DIRECTOR2$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
KRISTEN T HEANEY
986 SEAGRAPE LANE, VERO BEACH, FL 32963
DIRECTOR5$0
JANICE L THOMPSON
5305 ASHTON COURT, WASHINGTON TWP, MI 48095
DIRECTOR20$0
LAURI A PALAZZOLO
66550 MT VERNON, WASHINGTON TWP, MI 48095
DIRECTOR2$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
KRISTEN T HEANEY
986 SEAGRAPE LANE, VERO BEACH, FL 32963
DIRECTOR5$0
JANICE L THOMPSON
5305 ASHTON COURT, WASHINGTON TWP, MI 48095
DIRECTOR20$0
LAURI A PALAZZOLO
66550 MT VERNON, WASHINGTON TWP, MI 48095
DIRECTOR2$0

Address and contacts

Address (IRS master file)
1275 US HIGHWAY 1 UNIT 2 # 303, VERO BEACH, FL 32960-4706
In care of
% ORVILLE K THOMPSON
Signed the 990-PF
KRISTEN T HEANEY, DIRECTOR
Phone
(586) 322-3109
Return prepared by
OFFUTT BARTON SCHLITT 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
38-3085402
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
1994
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,119,596
Income (IRS master file)
$867,282

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$435,652$367,973$3,119,596IRS
990-PFDecember 2024$463,565$315,833$3,051,917XML
990-PFDecember 2023$546,971$277,350$2,904,915XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 38-3085402).

Questions about KT FAMILY FOUNDATION

What is the EIN of KT FAMILY FOUNDATION?
The employer identification number (EIN) of KT FAMILY FOUNDATION is 38-3085402.
Is KT FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to KT FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does KT FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of KT FAMILY 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 KT FAMILY 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 KT FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does KT FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $435,652, expenses of $367,973 and total assets of $3,119,596 at year end.

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