Nonprofit · EIN 52-1676236
RAYMOND B PRESTON FAMILY FOUNDATION INC
Tax-exempt · HENDERSON, KY 42419
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,442,107 | $953,418 | $488,689 | $9,814,896 | $0 | $9,814,896 |
| December 31, 2023 | 990-PF | $932,527 | $783,645 | $148,882 | $9,326,207 | $0 | $9,326,207 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $309,906
- Net gain from sales of assets
- $1,132,201
Expenses
- Grants and similar amounts paid
- $778,875
- Compensation of officers, directors and key employees
- $20,000
- Disbursements for charitable purposes
- $816,415
- Excise tax on investment income
- $18,608
Balance sheet and other
- Total assets, start of year
- $9,326,207
- Total assets, end of year
- $9,814,896
- Total liabilities, end of year
- $0
- Net assets, end of year
- $9,814,896
- Fair market value of assets
- $15,574,279
- Qualifying distributions
- $816,415
- Net investment income
- $1,438,538
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 |
|---|---|---|---|
| Andrea Payne PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Recording Secretary | 10 | $20,000 |
| Bart Critser PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Director | 1 | $0 |
| Connie Walaskay PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | President/Chairperson | 1 | $0 |
| Scott Davis PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Administrative Manager | 5 | $0 |
| Viki Brigham PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Director | 1 | $0 |
| Jennifer Preston PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Secretary/Treasurer | 1 | $0 |
| Charles Morgan PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Director | 1 | $0 |
| Charles Evans PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Vice President/Vice Chairperson | 1 | $0 |
| Leigh Anne Preston PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Director | 2 | $0 |
| Viki Walaskay PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Director | 1 | $0 |
990-PF for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrea Payne PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Recording Secretary | 10 | $20,000 |
| Jilana Ordman PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | President/Chairperson | 1 | $0 |
| Emily Critser PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Vice President/Vice Chairperson | 1 | $0 |
| Connie Walaskay PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Secretary/Treasurer | 1 | $0 |
| Scott Davis PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Administrative Manager | 10 | $0 |
| Jeff Preston PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Director | 1 | $0 |
| Forrest Gurowitz PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Director | 1 | $0 |
| Jennifer Preston PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Director | 1 | $0 |
| Charles Morgan PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Director | 1 | $0 |
| Charles Evans PO Box 5, Attn Karen Johnson, Henderson, KY 42419 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 126, HENDERSON, KY 42419-0126
- In care of
- % KAREN JOHNSON
- Signed the 990-PF
- Scott Davis, Administrative Manager
- Phone
- (270) 831-1544
- Website
- prestonfoundation.org
- Return prepared by
- Forvis Mazars 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 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
- 52-1676236
- 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
- 2026
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $9,814,896
- Income (IRS master file)
- $2,363,299
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,442,107 | $953,418 | $9,814,896 | XML |
| 990-PF | December 2023 | $932,527 | $783,645 | $9,326,207 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 52-1676236).
Questions about RAYMOND B PRESTON FAMILY FOUNDATION INC
- What is the EIN of RAYMOND B PRESTON FAMILY FOUNDATION INC?
- The employer identification number (EIN) of RAYMOND B PRESTON FAMILY FOUNDATION INC is 52-1676236.
- Is RAYMOND B PRESTON FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2026.
- Are donations to RAYMOND B PRESTON FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does RAYMOND B PRESTON FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of RAYMOND B PRESTON FAMILY 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 RAYMOND B PRESTON FAMILY 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 RAYMOND B PRESTON FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $20,000 (Andrea Payne, Recording Secretary).
- How much revenue does RAYMOND B PRESTON FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,442,107, expenses of $953,418 and total assets of $9,814,896 at year end.
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