Skip to main content

Nonprofit · EIN 53-0078064

IF FOUNDATION

Tax-exempt · WASHINGTON, DC 20009

Financials

$2.2M$4.5M2023$1.5M$4.2M2024
Revenue Expenses · by fiscal year end
Financials of IF FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,490,355$4,217,058-$2,726,703$20,643,665$288,610$20,355,055
December 31, 2023990-PF$2,204,589$4,451,603-$2,247,014$22,481,241$546,199$21,935,042
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,785
Dividends
$343,525
Net gain from sales of assets
$1,130,538
Other income
$14,507

Expenses

Grants and similar amounts paid
$1,305,600
Compensation of officers, directors and key employees
$580,677
Salaries, compensation and benefits (total)
$650,197
Disbursements for charitable purposes
$3,991,107
Excise tax on investment income
$17,550

Balance sheet and other

Total assets, start of year
$22,481,241
Total assets, end of year
$20,643,665
Total liabilities, end of year
$288,610
Net assets, end of year
$20,355,055
Fair market value of assets
$20,643,665
Qualifying distributions
$3,991,107
Net investment income
$1,488,570

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 / weekCompensationOther / benefits
HANH LE
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
CO-CEO35$247,490$27,948
HANH LE
1200 U STREET NW, WASHINGTON, DC 20009
CO-CEO
Highest-paid employee
35$247,490$30,464
TEMI BENNETT
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
CO-CEO35$234,435$30,804
TEMITUTU BENNETT
1200 U STREET NW, WASHINGTON, DC 20009
CO-CEO
Highest-paid employee
35$234,435$28,909
JOSHUA TOBING
1200 U STREET NW, WASHINGTON, DC 20009
DIRECTOR OF STRATEGI
Highest-paid employee
35$135,367$26,228
MADISON SHERMAN
1200 U STREET NW, WASHINGTON, DC 20009
COMMUNICATIONS MANAG
Highest-paid employee
35$123,442$12,636
ROSELAND LOUIS
1200 U STREET NW, WASHINGTON, DC 20009
TECHNOLOGY AND OPERA
Highest-paid employee
35$101,680$0
TONY BURNS
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
TRUSTEE1$10,000$0
YAZZMINE HOLLEY
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
TRUSTEE1$10,000$0
DILCIA MOLINA
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
TRUSTEE1$10,000$0
ROBERT WARREN
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
TRUSTEE1$10,000$0
TANYA EDELIN
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
CHAIR/TREASURER2$0$0
TONYA KINLOW
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
CHAIR/SECRETARY2$0$0
ART STEVENS
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
TRUSTEE1$0$0
WENDY CHUN-HOON
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
TRUSTEE1$0$0
5 more people on this return
NameTitleHours / weekCompensation
MINDELYN ANDERSON
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
TRUSTEE1$0
OPAL HAWKINS
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
TRUSTEE1$0
TONYA KINLOW
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
TRUSTEE1$0
AYDIN TUNCER
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
TRUSTEE1$0
BRIAN VO
1200 U STREET NW, DISTRICT OF COLUMBIA, DC 20009
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
HANH LE
1200 U STREET NW, WASHINGTON, DC 20009
CO-CEO35$215,182$27,948
HANH LE
1200 U STREET NW, WASHINGTON, DC 20009
CO-CEO
Highest-paid employee
35$215,182$27,948
TEMITUTU BENNETT
1200 U STREET NW, WASHINGTON, DC 20009
CO-CEO35$215,178$30,804
TEMITUTU BENNETT
1200 U STREET NW, WASHINGTON, DC 20009
CO-CEO
Highest-paid employee
35$215,178$30,804
EDNA PUGEDA
1200 U STREET NW, WASHINGTON, DC 20009
SENIOR PROGRAM OFFIC
Highest-paid employee
35$137,378$32,916
NIVOSOA ROBJHON
1200 U STREET NW, WASHINGTON, DC 20009
TECHNOLOGY AND OPERA
Highest-paid employee
35$94,157$39,534
KENDRA ALLEN
1200 U STREET NW, WASHINGTON, DC 20009
PROGRAM OFFICER
Highest-paid employee
35$85,690$13,654
TONY BURNS
1200 U STREET NW, WASHINGTON, DC 20009
TRUSTEE1$10,000$0
YAZZMINE HOLLEY
1200 U STREET NW, WASHINGTON, DC 20009
TRUSTEE1$10,000$0
DILCIA MOLINA
1200 U STREET NW, WASHINGTON, DC 20009
TRUSTEE1$10,000$0
ROBERT WARREN
1200 U STREET NW, WASHINGTON, DC 20009
TRUSTEE1$10,000$0
SILVIA SALAZAR
1200 U STREET NW, WASHINGTON, DC 20009
CHAIR2$0$0
TONYA KINLOW
1200 U STREET NW, WASHINGTON, DC 20009
SECRETARY1$0$0
ART STEVENS
1200 U STREET NW, WASHINGTON, DC 20009
TRUSTEE1$0$0
WENDY CHUN-HOON
1200 U STREET NW, WASHINGTON, DC 20009
TRUSTEE1$0$0
MINDELYN ANDERSON
1200 U STREET NW, WASHINGTON, DC 20009
TRUSTEE1$0$0
OPAL HAWKINS
1200 U STREET NW, WASHINGTON, DC 20009
TRUSTEE1$0$0
TONYA KINLOW
1200 U STREET NW, WASHINGTON, DC 20009
TRUSTEE1$0$0
AYDIN TUNCER
1200 U STREET NW, WASHINGTON, DC 20009
TRUSTEE1$0$0
BRIAN VO
1200 U STREET NW, WASHINGTON, DC 20009
TRUSTEE1$0$0
TANYA EDELIN
1200 U STREET NW, WASHINGTON, DC 20009
VICE CHAIR/TREASURER2$0$0

Address and contacts

Address (IRS master file)
1200 U ST NW, WASHINGTON, DC 20009-4443
Signed the 990-PF
HANH LE, CO-CEO
Phone
(202) 939-3390
Return prepared by
SB & COMPANY 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
53-0078064
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
1982
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$20,643,665
Income (IRS master file)
$3,886,644

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,490,355$4,217,058$20,643,665IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$2,204,589$4,451,603$22,481,241XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 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 53-0078064).

Questions about IF FOUNDATION

What is the EIN of IF FOUNDATION?
The employer identification number (EIN) of IF FOUNDATION is 53-0078064.
Is IF FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to IF FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does IF FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of IF 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 IF 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 IF FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 20 people; 11 received compensation from the organization, the highest $247,490 (HANH LE, CO-CEO).
How much revenue does IF FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,490,355, expenses of $4,217,058 and total assets of $20,643,665 at year end.

Other nonprofits in WASHINGTON

All nonprofits in WASHINGTON · District of Columbia · Science and technology