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Nonprofit · EIN 52-2256618

CLIFTON FOUNDATION INC

Tax-exempt · CHESTERTOWN, MD 21620

Financials

$2.2M$5.9M2022$666K$941K2023$875K$1.2M2024
Revenue Expenses · by fiscal year end
Financials of CLIFTON FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-PF$874,709$1,173,570-$298,861$9,550,000$0$9,550,000
September 30, 2024990-PF$666,490$941,498-$275,008$9,853,949$0$9,853,949
September 30, 2023990-PF$2,195,517$5,870,322-$3,674,805$10,122,426$0$10,122,426
Financial details: 990-PF for the year ended September 30, 2025

Revenue

Dividends
$223,312
Net gain from sales of assets
$638,074
Other income
$13,323

Expenses

Grants and similar amounts paid
$1,022,175
Disbursements for charitable purposes
$1,093,831
Excise tax on investment income
$11,050

Balance sheet and other

Total assets, start of year
$9,853,949
Total assets, end of year
$9,550,000
Total liabilities, end of year
$0
Net assets, end of year
$9,550,000
Fair market value of assets
$15,332,332
Qualifying distributions
$1,093,831
Net investment income
$874,709

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
RICHARD L GOODALL
PO BOX 242, CHESTERTOWN, MD 21620
DIR. & PRES.1$0
LAURA K G GRAY
PO BOX 242, CHESTERTOWN, MD 21620
DIR. & SEC.1$0
RICHARD T GOODALL
PO BOX 242, CHESTERTOWN, MD 21620
DIR. & TREAS.1$0
ELIZABETH STARKEY
PO BOX 242, CHESTERTOWN, MD 21620
EXEC. DIRECTOR1$0
990-PF for the year ended September 30, 2024: 4 people
NameTitleHours / weekCompensation
RICHARD L GOODALL
PO BOX 242, CHESTERTOWN, MD 21620
DIR. & PRES.1$0
LAURA K G GRAY
PO BOX 242, CHESTERTOWN, MD 21620
DIR. & SEC.1$0
RICHARD T GOODALL
PO BOX 242, CHESTERTOWN, MD 21620
DIR. & TREAS.1$0
ELIZABETH STARKEY
PO BOX 242, CHESTERTOWN, MD 21620
EXEC. DIRECTOR1$0
990-PF for the year ended September 30, 2023: 3 people
NameTitleHours / weekCompensation
RICHARD L GOODALL
PO BOX 242, CHESTERTOWN, MD 21620
DIR. & PRES.1$0
LAURA K G GRAY
PO BOX 242, CHESTERTOWN, MD 21620
DIR. & SEC.1$0
RICHARD T GOODALL
PO BOX 242, CHESTERTOWN, MD 21620
DIR. & TREAS.1$0

Address and contacts

Address (IRS master file)
PO BOX 242, CHESTERTOWN, MD 21620-0242
In care of
% RICHARD L GOODALL PRESIDENT
Signed the 990-PF
RICHARD T GOODALL, DIRECTOR
Phone
(302) 793-3278
Return prepared by
DELOITTE TAX 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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990-PF on file
2023September 30, 2024February 17, 2025990-PF on file

IRS record

EIN
52-2256618
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
2001
Accounting year ends
September
Files
Form 990-PF
Assets (IRS master file)
$9,550,000
Income (IRS master file)
$3,687,646

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFSeptember 2025$874,709$1,173,570$9,550,000XML
990-PFSeptember 2024$666,490$941,498$9,853,949XML
990-PFSeptember 2023$2,195,517$5,870,322$10,122,426XML
990-PFSeptember 2022–––IRS
990-PFSeptember 2021–––IRS
990-PFSeptember 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 52-2256618).

Questions about CLIFTON FOUNDATION INC

What is the EIN of CLIFTON FOUNDATION INC?
The employer identification number (EIN) of CLIFTON FOUNDATION INC is 52-2256618.
Is CLIFTON FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to CLIFTON FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CLIFTON FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of CLIFTON FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CLIFTON FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended September 2025.
Who are the officers and directors of CLIFTON FOUNDATION INC?
The 990-PF for the year ended September 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does CLIFTON FOUNDATION INC have?
On its 990-PF for the year ended September 30, 2025 it reported revenue of $874,709, expenses of $1,173,570 and total assets of $9,550,000 at year end.

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