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Nonprofit · EIN 51-6019601

CHOPTANK FOUNDATION

Tax-exempt · WILMINGTON, DE 19899

Financials

$578K$561K2023$954K$545K2024
Revenue Expenses · by fiscal year end
Financials of CHOPTANK FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$953,845$545,114$408,731$9,285,472$0$9,285,472
December 31, 2023990-PF$577,668$561,144$16,524$8,876,741$0$8,876,741
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$229,586
Net gain from sales of assets
$473,856
Other income
$250,403

Expenses

Grants and similar amounts paid
$460,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$461,593
Excise tax on investment income
$12,181

Balance sheet and other

Total assets, start of year
$8,876,741
Total assets, end of year
$9,285,472
Total liabilities, end of year
$0
Net assets, end of year
$9,285,472
Fair market value of assets
$10,588,063
Qualifying distributions
$461,593
Net investment income
$953,845

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
MICHAEL RATCHFORD
C/O FOUNDATION PO BOX 1347, WILMINGTON, DE 198991347
TRUSTEE, PRESIDENT PART-TI1$0
GLENN C KENTON
C/O FOUNDATION PO BOX 1347, WILMINGTON, DE 198991347
TRUSTEE, VICE PRESIDENT PA1$0
THOMAS R PULSIFER
C/O FOUNDATION PO BOX 1347, WILMINGTON, DE 198991347
TRUSTEE, SEC & TREAS PART-1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MICHAEL RATCHFORD
C/O FOUNDATION PO BOX 1347, WILMINGTON, DE 198991347
TRUSTEE, PRESIDENT PART-TI1$0
GLENN C KENTON
C/O FOUNDATION PO BOX 1347, WILMINGTON, DE 198991347
TRUSTEE, VICE PRESIDENT PA1$0
THOMAS R PULSIFER
C/O FOUNDATION PO BOX 1347, WILMINGTON, DE 198991347
TRUSTEE, SEC & TREAS PART-1$0

Address and contacts

Address (IRS master file)
PO BOX 1347, WILMINGTON, DE 19899-1347
In care of
% JOHANNES R KRAHMER ESQ
Signed the 990-PF
THOMAS R PULSIFER ESQ, TRUSTEE
Phone
(302) 351-9226
Return prepared by
BONADIO & CO LLP

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
51-6019601
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
1966
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$9,285,472
Income (IRS master file)
$1,885,345

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$953,845$545,114$9,285,472XML
990-TDecember 2024–––IRS
990-PFDecember 2023$577,668$561,144$8,876,741XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 51-6019601).

Questions about CHOPTANK FOUNDATION

What is the EIN of CHOPTANK FOUNDATION?
The employer identification number (EIN) of CHOPTANK FOUNDATION is 51-6019601.
Is CHOPTANK FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
Are donations to CHOPTANK FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CHOPTANK FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of CHOPTANK 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 CHOPTANK 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 CHOPTANK FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does CHOPTANK FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $953,845, expenses of $545,114 and total assets of $9,285,472 at year end.

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