Nonprofit · EIN 47-2566114
CHARLES FOUNDATION
Tax-exempt · GRAND RAPIDS, MI 49525
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $171,109 | $200,247 | -$29,138 | $4,111,915 | $0 | $4,111,915 |
| December 31, 2024 | 990-PF | $208,932 | $200,344 | $8,588 | $4,141,053 | $0 | $4,141,053 |
| December 31, 2023 | 990-PF | $157,909 | $198,072 | -$40,163 | $4,132,374 | $0 | $4,132,374 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $106,587
- Interest
- $914
- Net gain from sales of assets
- $63,608
Expenses
- Grants and similar amounts paid
- $195,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $197,624
- Excise tax on investment income
- $2,342
Balance sheet and other
- Total assets, start of year
- $4,141,053
- Total assets, end of year
- $4,111,915
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,111,915
- Fair market value of assets
- $4,106,256
- Qualifying distributions
- $197,624
- Net investment income
- $171,109
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| T HOHMAN 4433 BRADFORD FARMS COURT, GRAND RAPIDS, MI 49525 | PRESIDENT | 1 | $0 |
| B HOHMAN 4433 BRADFORD FARMS COURT, GRAND RAPIDS, MI 49525 | VICE PRESIDENT | 1 | $0 |
| J SAYERS 4433 BRADFORD FARMS COURT, GRAND RAPIDS, MI 49525 | CORPORATE SECRETARY | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| T HOHMAN C/O BESSEMER TRUST 1271 AVE OF THE, AMERICAS, NEW YORK, NY 10020 | PRESIDENT | 1 | $0 |
| B HOHMAN C/O BESSEMER TRUST 1271 AVE OF THE, AMERICAS, NEW YORK, NY 10020 | VICE PRESIDENT | 1 | $0 |
| J SAYERS C/O BESSEMER TRUST 1271 AVE OF THE, AMERICAS, NEW YORK, NY 10020 | CORPORATE SECRETARY | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| T HOHMAN C/O BESSEMER TRUST 1271 AVE OF THE, AMERICAS, NEW YORK, NY 10020 | PRESIDENT | 1 | $0 |
| B HOHMAN C/O BESSEMER TRUST 1271 AVE OF THE, AMERICAS, NEW YORK, NY 10020 | VICE PRESIDENT | 1 | $0 |
| J SAYERS C/O BESSEMER TRUST 1271 AVE OF THE, AMERICAS, NEW YORK, NY 10020 | CORPORATE SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4433 BRADFORD FARMS CT NE, GRAND RAPIDS, MI 49525-3347
- In care of
- % BESSEMER TR
- Signed the 990-PF
- JENNIFER SAYERS, CORPORATE SECRETARY
- Phone
- (616) 560-7484
- Return prepared by
- PLANTE & MORAN PLLC
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 | 990-PF 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
- 47-2566114
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $4,111,915
- Income (IRS master file)
- $4,259,667
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $171,109 | $200,247 | $4,111,915 | IRS |
| 990-PF | December 2024 | $208,932 | $200,344 | $4,141,053 | IRS |
| 990-PF | December 2023 | $157,909 | $198,072 | $4,132,374 | 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 47-2566114).
Questions about CHARLES FOUNDATION
- What is the EIN of CHARLES FOUNDATION?
- The employer identification number (EIN) of CHARLES FOUNDATION is 47-2566114.
- Is CHARLES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to CHARLES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CHARLES FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CHARLES 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 CHARLES 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 CHARLES FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does CHARLES FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $171,109, expenses of $200,247 and total assets of $4,111,915 at year end.
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All nonprofits in GRAND RAPIDS · Michigan · Philanthropy, voluntarism and grantmaking foundations