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Nonprofit · EIN 45-1536759

FREDERICK BANTING FOUNDATION INC

Tax-exempt · RICHMOND, VA 23226

Financials

$0$41K2023$0$41K2024
Revenue Expenses · by fiscal year end
Financials of FREDERICK BANTING FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$0$40,655-$40,655$289,344$0$289,344
December 31, 2023990-PF$0$40,725-$40,725$329,999$0$329,999
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Expenses

Grants and similar amounts paid
$40,000
Disbursements for charitable purposes
$40,000

Balance sheet and other

Total assets, start of year
$329,999
Total assets, end of year
$289,344
Total liabilities, end of year
$0
Net assets, end of year
$289,344
Fair market value of assets
$289,344
Qualifying distributions
$40,000

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
Frederick L Russell Jr
1801 Libbie Avenue Suite 201, Richmond, VA 23226
ChairmanCEO2$0
John E Russell
1801 Libbie Avenue Suite 201, Richmond, VA 23226
Vice Chairman1$0
Susan C Russell
1801 Libbie Avenue Suite 201, Richmond, VA 23226
Secretary2$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Frederick L Russell Jr
1801 Libbie Avenue Suite 201, Richmond, VA 23226
ChairmanCEO2$0
John E Russell
1801 Libbie Avenue Suite 201, Richmond, VA 23226
Vice Chairman1$0
Susan C Russell
1801 Libbie Avenue Suite 201, Richmond, VA 23226
Secretary2$0

Address and contacts

Address (IRS master file)
1801 LIBBIE AVE STE 201, RICHMOND, VA 23226-1836
In care of
% FREDERICK L RUSSELL
Signed the 990-PF
FREDERICK L RUSSELL, CEO
Phone
(804) 539-5830
Return prepared by
Brenda L Hayes 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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
45-1536759
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
2011
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$289,344
Income (IRS master file)
$1

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$0$40,655$289,344XML
990-PFDecember 2023$0$40,725$329,999XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 45-1536759).

Questions about FREDERICK BANTING FOUNDATION INC

What is the EIN of FREDERICK BANTING FOUNDATION INC?
The employer identification number (EIN) of FREDERICK BANTING FOUNDATION INC is 45-1536759.
Is FREDERICK BANTING FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to FREDERICK BANTING FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FREDERICK BANTING FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of FREDERICK BANTING FOUNDATION INC 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 FREDERICK BANTING FOUNDATION INC 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 FREDERICK BANTING FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does FREDERICK BANTING FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $0, expenses of $40,655 and total assets of $289,344 at year end.

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