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Nonprofit · EIN 41-6487728

CARITAS FOUNDATION

Tax-exempt · MADISON, WI 53701

Financials

$1.2M$879K2023$469K$333K2024
Revenue Expenses · by fiscal year end
Financials of CARITAS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$469,448$333,335$136,113$9,261,123$0$9,261,123
December 31, 2023990-PF$1,232,807$878,542$354,265$9,099,146$0$9,099,146
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$284,183
Net gain from sales of assets
$185,265

Expenses

Grants and similar amounts paid
$250,000
Compensation of officers, directors and key employees
$28,000
Disbursements for charitable purposes
$278,000
Excise tax on investment income
$5,895

Balance sheet and other

Total assets, start of year
$9,099,146
Total assets, end of year
$9,261,123
Total liabilities, end of year
$0
Net assets, end of year
$9,261,123
Fair market value of assets
$12,884,888
Qualifying distributions
$278,000
Net investment income
$469,448

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
HAMANG B PATEL
1 S PINCKNEY ST STE 700, MADISON, WI 537034257
EXEC. DIRECTOR, SECRETARY,5$24,000
SARAH A KUEMMEL
PO BOX 1150, MADISON, WI 537011150
DIRECTOR1$1,000
KATHERINE EBY
PO BOX 1150, MADISON, WI 537011150
DIRECTOR1$1,000
JOSEPH M SCHWARTZ
PO BOX 1150, MADISON, WI 537011150
DIRECTOR1$1,000
DAVID KRUGER
PO BOX 1150, MADISON, WI 537011150
DIRECTOR1$1,000
FREDERICK P SCHWARTZ
PO BOX 1150, MADISON, WI 537011150
PRESIDENT, DIRECTOR1$0
DEBORAH A SCHWARTZ
PO BOX 1150, MADISON, WI 537011150
VICE-PRESIDENT, DIRECTOR1$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
HAMANG B PATEL
1 S PINCKNEY ST STE 700, MADISON, WI 537034257
EXEC. DIRECTOR, SECRETARY,5$24,000
JOSEPH M SCHWARTZ
PO BOX 1150, MADISON, WI 537011150
DIRECTOR1$2,000
SARAH A KUEMMEL
PO BOX 1150, MADISON, WI 537011150
DIRECTOR1$1,000
KATHERINE EBY
PO BOX 1150, MADISON, WI 537011150
DIRECTOR1$1,000
DAVID KRUGER
PO BOX 1150, MADISON, WI 537011150
DIRECTOR1$1,000
FREDERICK P SCHWARTZ
PO BOX 1150, MADISON, WI 537011150
PRESIDENT, DIRECTOR1$0
DEBORAH A SCHWARTZ
PO BOX 1150, MADISON, WI 537011150
VICE-PRESIDENT, DIRECTOR1$0

Address and contacts

Address (IRS master file)
PO BOX 1150, MADISON, WI 53701-1150
Signed the 990-PF
FREDERICK P SCHWARTZ, PRESIDENT
Phone
(608) 257-3501
Return prepared by
BAKER TILLY ADVISORY GROUP LP

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
41-6487728
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
2002
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$9,261,123
Income (IRS master file)
$2,458,515

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$469,448$333,335$9,261,123XML
990-PFDecember 2023$1,232,807$878,542$9,099,146XML
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 41-6487728).

Questions about CARITAS FOUNDATION

What is the EIN of CARITAS FOUNDATION?
The employer identification number (EIN) of CARITAS FOUNDATION is 41-6487728.
Is CARITAS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to CARITAS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CARITAS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of CARITAS 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 CARITAS 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 CARITAS FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 7 people; 5 received compensation from the organization, the highest $24,000 (HAMANG B PATEL, EXEC. DIRECTOR, SECRETARY,).
How much revenue does CARITAS FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $469,448, expenses of $333,335 and total assets of $9,261,123 at year end.

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