Nonprofit · EIN 54-2066283
BOROUGH FOUNDATION
Tax-exempt · SUMTER, SC 29150
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $42,826 | $4,938 | $37,888 | $1,697,387 | $0 | $1,697,387 |
| December 31, 2024 | 990 | $7,225 | $3,998 | $3,227 | $1,659,499 | $0 | $1,659,499 |
| December 31, 2023 | 990 | $8,455 | $3,794 | $4,661 | $1,656,272 | $0 | $1,656,272 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $35,181
- Program service revenue
- $0
- Investment income
- $7,645
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $705
- Accounting fees
- $750
- Program services (functional)
- $4,938
Balance sheet and other
- Total assets, start of year
- $1,659,499
- Total assets, end of year
- $1,697,387
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,697,387
- Land, buildings and equipment
- $54,000
- Publicly traded securities
- $228,856
- Net assets without donor restrictions
- $1,697,387
- Gross receipts
- $42,826
- Employees
- 0
- Year formed
- 2002
- State of legal domicile
- SC
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WALTER GREENLEAF ANDERSON | TRUSTEE Trustee or director | 1 | $0 |
| MACKENZIE ANDERSON SHOLTZ | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WALTER GREENLEAF ANDERSON | TRUSTEE Trustee or director | 1 | $0 |
| MACKENZIE ANDERSON SHOLTZ | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WALTER GREENLEAF ANDERSON | TRUSTEE Trustee or director | 1 | $0 |
| MACKENZIE ANDERSON SHOLTZ | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 302 W CALHOUN ST, SUMTER, SC 29150-4512
- In care of
- % MACKENZIE SHOLTZ
- Principal officer (990 for 2025)
- MACKENZIE ANDERSON SHOLTZ, 302 W CALHOUN STREET, SUMTER, SC 29150
- Signed the 990
- MACKENZIE ANDERSON SHOLTZ, TRUSTEE
- Phone
- (803) 778-0934
- Return prepared by
- The Hobbs Group PA
Mission
MAINTAINING HISTORICAL PROPERTY
Program accomplishments
- MAINTAINING HISTORICAL PROPERTYExpenses $4,938
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-2066283
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A50)
- Assets (IRS master file)
- $1,697,387
- Income (IRS master file)
- $42,826
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $42,826 | $4,938 | $1,697,387 | IRS |
| 990 | December 2024 | $7,225 | $3,998 | $1,659,499 | XML |
| 990 | December 2023 | $8,455 | $3,794 | $1,656,272 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | 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 54-2066283).
Questions about BOROUGH FOUNDATION
- What is the EIN of BOROUGH FOUNDATION?
- The employer identification number (EIN) of BOROUGH FOUNDATION is 54-2066283.
- Is BOROUGH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to BOROUGH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does BOROUGH FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BOROUGH 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 BOROUGH FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of BOROUGH FOUNDATION?
- The 990 for the year ended December 31, 2025 names MACKENZIE ANDERSON SHOLTZ.
- Who are the officers and directors of BOROUGH FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does BOROUGH FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $42,826, expenses of $4,938 and total assets of $1,697,387 at year end.
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All nonprofits in SUMTER · South Carolina · Arts, culture and humanities