Skip to main content

Nonprofit · EIN 56-2091275

FRANCES V HOLTON FOUNDATION

Tax-exempt · RALEIGH, NC 27614

Financials

$412K$143K2023$46K$144K2024
Revenue Expenses · by fiscal year end
Financials of FRANCES V HOLTON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$46,070$144,101-$98,031$769,028$84,361$684,667
December 31, 2023990-PF$412,271$142,759$269,512$848,059$65,361$782,698
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$25,427
Net gain from sales of assets
$20,643

Expenses

Grants and similar amounts paid
$50,000
Compensation of officers, directors and key employees
$60,000
Disbursements for charitable purposes
$50,000
Excise tax on investment income
$499

Balance sheet and other

Total assets, start of year
$848,059
Total assets, end of year
$769,028
Total liabilities, end of year
$84,361
Net assets, end of year
$684,667
Fair market value of assets
$1,017,073
Qualifying distributions
$50,000
Net investment income
$46,070

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
DONALD F FONTES
12729 WATERMAN DRIVE, RALEIGH, NC 27614
CO-DIRECTOR5$30,000
MARY JO ROCHELLE
5 BURNLEY CT, DURHAM, NC 27707
SECRETARY5$30,000
WILLIAM J BLANTON
1732 BROOKS AVENUE, RALEIGH, NC 27607
V/PRES. - TREASURER0$0
RANDALL FONTES
255 PEACHTREE BATTLE AVE NW, ATLANTA, GA 30305
CO-DIRECTOR0$0
DEEANN FONTES
12729 WATERMAN DRIVE, RALEIGH, NC 27614
PRESIDENT5$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
DONALD F FONTES
12729 WATERMAN DRIVE, RALEIGH, NC 27614
PRESIDENT5$30,000
MARY JO ROCHELLE
12729 WATERMAN DRIVE, RALEIGH, NC 27614
SECRETARY5$30,000
WILLIAM J BLANTON
12729 WATERMAN DRIVE, RALEIGH, NC 27614
V/PRES. - TREASURER0$0
RANDALL FONTES
12729 WATERMAN DRIVE, RALEIGH, NC 27614
CO-DIRECTOR0$0
DEEANN FONTES
12729 WATERMAN DRIVE, RALEIGH, NC 27614
CO-DIRECTOR0$0

Address and contacts

Address (IRS master file)
12729 WATERMAN DR, RALEIGH, NC 27614-9416
In care of
% D FONTES
Signed the 990-PF
MARY JO ROCHELLE, SECRETARY
Phone
(919) 416-2506
Return prepared by
WILLIAM L STARK AND COMPANY

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
56-2091275
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
1998
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$769,028
Income (IRS master file)
$192,337

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$46,070$144,101$769,028XML
990-PFDecember 2023$412,271$142,759$848,059XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––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 56-2091275).

Questions about FRANCES V HOLTON FOUNDATION

What is the EIN of FRANCES V HOLTON FOUNDATION?
The employer identification number (EIN) of FRANCES V HOLTON FOUNDATION is 56-2091275.
Is FRANCES V HOLTON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to FRANCES V HOLTON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FRANCES V HOLTON FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of FRANCES V HOLTON 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 FRANCES V HOLTON 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 FRANCES V HOLTON FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $30,000 (DONALD F FONTES, CO-DIRECTOR).
How much revenue does FRANCES V HOLTON FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $46,070, expenses of $144,101 and total assets of $769,028 at year end.

Other nonprofits in RALEIGH

All nonprofits in RALEIGH · North Carolina · Philanthropy, voluntarism and grantmaking foundations