Nonprofit · EIN 39-6609049
POWERS-WOLFE CHARITABLE TRUST
Tax-exempt · MADISON, WI 53705
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $283,371 | $750,060 | -$466,689 | $11,495,046 | $624,000 | $10,871,046 |
| December 31, 2023 | 990-PF | -$415,193 | $758,430 | -$1,173,623 | $12,001,735 | $664,000 | $11,337,735 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $234,743
- Net gain from sales of assets
- $48,628
Expenses
- Grants and similar amounts paid
- $631,500
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $633,675
- Excise tax on investment income
- $2,321
Balance sheet and other
- Total assets, start of year
- $12,001,735
- Total assets, end of year
- $11,495,046
- Total liabilities, end of year
- $624,000
- Net assets, end of year
- $10,871,046
- Fair market value of assets
- $14,379,863
- Qualifying distributions
- $633,675
- Net investment income
- $283,371
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS R WOLFE 6102 SOUTH HIGHLANDS AVE, MADISON, WI 53705 | TRUSTEE | 1 | $0 |
| PATRICIA A POWERS 6102 SOUTH HIGHLANDS AVE, MADISON, WI 53705 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS R WOLFE 6102 SOUTH HIGHLANDS AVE, MADISON, WI 53705 | TRUSTEE | 1 | $0 |
| PATRICIA A POWERS 6102 SOUTH HIGHLANDS AVE, MADISON, WI 53705 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 6102 S HIGHLANDS AVE, MADISON, WI 53705-1113
- In care of
- % THOMAS R WOLFE
- Signed the 990-PF
- THOMAS R WOLFE, TRUSTEE
- Return prepared by
- JOHNSON BLOCK & CO INC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 39-6609049
- 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
- 1995
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99Z)
- Assets (IRS master file)
- $11,495,046
- Income (IRS master file)
- $6,273,255
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $283,371 | $750,060 | $11,495,046 | XML |
| 990-PF | December 2023 | -$415,193 | $758,430 | $12,001,735 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 39-6609049).
Questions about POWERS-WOLFE CHARITABLE TRUST
- What is the EIN of POWERS-WOLFE CHARITABLE TRUST?
- The employer identification number (EIN) of POWERS-WOLFE CHARITABLE TRUST is 39-6609049.
- Is POWERS-WOLFE CHARITABLE TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to POWERS-WOLFE CHARITABLE TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does POWERS-WOLFE CHARITABLE TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of POWERS-WOLFE CHARITABLE TRUST 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 POWERS-WOLFE CHARITABLE TRUST 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 POWERS-WOLFE CHARITABLE TRUST?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does POWERS-WOLFE CHARITABLE TRUST have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $283,371, expenses of $750,060 and total assets of $11,495,046 at year end.
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All nonprofits in MADISON · Wisconsin · Philanthropy, voluntarism and grantmaking foundations