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Nonprofit · EIN 56-2111985

FOUNDATION FOR REFORMED THEOLOGY

Tax-exempt · RICHMOND, VA 23230

Financials

$105K$60K2023$170K$48K2024$208K$90K2025
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR REFORMED THEOLOGY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$207,716$90,263$117,453$1,920,174$658$1,919,516
December 31, 2024990$169,896$48,217$121,679$1,743,666$179$1,743,487
December 31, 2023990$104,980$59,505$45,475$1,523,833$641$1,523,192
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$52,149
Program service revenue
$0
Investment income
$155,567
Net gain from sales of assets
$128,393
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$9,156
Travel
$208
Program services (functional)
$80,392
Management and general (functional)
$9,871

Balance sheet and other

Total assets, start of year
$1,743,666
Total assets, end of year
$1,920,174
Total liabilities, end of year
$658
Net assets, end of year
$1,919,516
Publicly traded securities
$1,830,740
Net assets without donor restrictions
$1,919,516
Gross receipts
$207,716
Employees
0
Year formed
1982
State of legal domicile
VA

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.

NameTitleHours / weekCompensation
MR G JACOB SAVAGE IIIPRESIDENT/TR
Trustee or director, Officer
5$0
MS CAROLINE H LEITHFIRST VICE P
Trustee or director, Officer
2$0
DR T CHRISTIAN CURRIE2ND VICE PRE
Trustee or director, Officer
2$0
MR WMCLLWAINE THOMPSON JRSECRETARY
Trustee or director, Officer
2$0
DR JERRY ANDREWSDIRECTOR
Trustee or director
1$0
DR JEFFREY C FRANCISDIRECTOR
Trustee or director
1$0
DR JAMES C GOODLOE IVDIRECTOR
Trustee or director
1$0
MR TIM MEREDITHDIRECTOR
Trustee or director
1$0
DR THOMAS A MILLERDIRECTOR
Trustee or director
1$0
MR WILLIAM S MORRIS IIIDIRECTOR
Trustee or director
1$0
MR CLARK REMSBURGDIRECTOR
Trustee or director
1$0
MS JUDITH EM ROGERSDIRECTOR
Trustee or director
1$0
DR SUSAN P SHIMPDIRECTOR
Trustee or director
1$0
MR JOHN M METZGER ESQDIRECTOR
Trustee or director
1$0
DR ROBERT T TURNERDIRECTOR
Trustee or director
1$0
4 more people on this return
NameTitleHours / weekCompensation
DR DAVID J WOODDIRECTOR
Trustee or director
1$0
DR RANDAL C WORKINGDIRECTOR
Trustee or director
1$0
MR ALAN WISDOMDIRECTOR
Trustee or director
1$0
MR RICHARD BURNETTEXECUTIVE DI
Officer
1$0
990 for the year ended December 31, 2024: 19 people
NameTitleHours / weekCompensation
MR G JACOB SAVAGE IIIPRESIDENT/TR
Trustee or director, Officer
5$0
MS CAROLINE H LEITHFIRST VICE P
Trustee or director, Officer
2$0
DR T CHRISTIAN CURRIE2ND VICE PRE
Trustee or director, Officer
2$0
MR W MCLLWAINE THOMPSON JRSECRETARY
Trustee or director, Officer
2$0
DR JERRY ANDREWSDIRECTOR
Trustee or director
1$0
DR JEFFREY C FRANCISDIRECTOR
Trustee or director
1$0
DR JAMES C GOODLOE IVDIRECTOR
Trustee or director
1$0
MR TIM MEREDITHDIRECTOR
Trustee or director
1$0
MR JOHN M METZGERDIRECTOR
Trustee or director
1$0
DR THOMAS A MILLERDIRECTOR
Trustee or director
1$0
MR WILLIAM S MORRIS IIIDIRECTOR
Trustee or director
1$0
MR CLARK REMSBURGDIRECTOR
Trustee or director
1$0
MS JUDITH EM ROGERSDIRECTOR
Trustee or director
1$0
DR SUSAN P SHIMPDIRECTOR
Trustee or director
1$0
MR LORENZO R SMALL SRDIRECTOR
Trustee or director
1$0
DR ROBERT T TURNERDIRECTOR
Trustee or director
1$0
MR ALAN WISDOMDIRECTOR
Trustee or director
1$0
DR DAVID J WOODDIRECTOR
Trustee or director
1$0
DR RANDAL C WORKINGDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensation
MR G JACOB SAVAGE IIIPRESIDENT/TR
Trustee or director, Officer
5$0
MS CAROLINE H LEITHFIRST VICE P
Trustee or director, Officer
2$0
DR T CHRISTIAN CURRIE2ND VICE PRE
Trustee or director, Officer
2$0
MR ALAN WISDOMSECRETARY
Trustee or director, Officer
2$0
MR W MCILWAINE THOMPSON JRDIRECTOR
Trustee or director
1$0
DR JERRY ANDREWSDIRECTOR
Trustee or director
1$0
DR JEFFREY C FRANCISDIRECTOR
Trustee or director
1$0
DR JAMES C GOODLOE IVDIRECTOR
Trustee or director
1$0
MR TIM MEREDITHDIRECTOR
Trustee or director
1$0
MR JOHN M METZGERDIRECTOR
Trustee or director
1$0
DR THOMAS A MILLERDIRECTOR
Trustee or director
1$0
MR WILLIAM S MORRIS IIIDIRECTOR
Trustee or director
1$0
MR CLARK REMSBURGDIRECTOR
Trustee or director
1$0
MS JUDITH ROGERSDIRECTOR
Trustee or director
1$0
DR SUSAN SHIMPDIRECTOR
Trustee or director
1$0
MR LORENZO SMALLDIRERCTOR
Trustee or director
1$0
DR ROBERT T TURNERDIRECTOR
Trustee or director
1$0
DR DAVID WOODDIRECTOR
Trustee or director
1$0
DR RANDAL C WORKINGDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
5004 MONUMENT AVE, RICHMOND, VA 23230-3620
Principal officer (990 for 2025)
MR RICHARD BURNETT
Signed the 990
MR RICHARD BURNETT, EXECUTIVE DIRECTOR
Phone
(804) 358-1150
Return prepared by
WELLSCOLEMAN

Mission

THE FOUNDATION PROMOTES THE STUDY AND APPLICATION OF REFORMED THEOLOGY FOR THE RENEWAL OF THE FAITH AND LIFE OF THE CHURCH, ESPECIALLY THROUGH BETTER PREACHING, TEACHING, AND PASTORAL CARE.

990 for the year ended December 31, 2025

Program accomplishments

  • TO ENCOURAGE AND SUPPORT THE STUDY OF THE BASIC TEXTS OF REFORMED THEOLOGY AND THEIR APPLICATION TO CONTEMPORARY LIFE, AND TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR STUDENTS ENGAGED IN THE STUDY OF REFORMED THEOLOGY.
    Expenses $59,333
  • THE FOUNDATION CONDUCTED 7 STUDY SEMINARS IN 2025. VARIOUS TOPICS WERE STUDIED BY PARTICIPANTS FROM DIFFERENT INSTITUTIONS AND STATES.
    Expenses $21,059

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-2111985
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B125)
Assets (IRS master file)
$1,920,174
Income (IRS master file)
$207,716

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$207,716$90,263$1,920,174XML
990December 2024$169,896$48,217$1,743,666IRS
990December 2023$104,980$59,505$1,523,833XML
990December 2022$75,643$67,258$1,294,398IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 56-2111985).

Questions about FOUNDATION FOR REFORMED THEOLOGY

What is the EIN of FOUNDATION FOR REFORMED THEOLOGY?
The employer identification number (EIN) of FOUNDATION FOR REFORMED THEOLOGY is 56-2111985.
Is FOUNDATION FOR REFORMED THEOLOGY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to FOUNDATION FOR REFORMED THEOLOGY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR REFORMED THEOLOGY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOUNDATION FOR REFORMED THEOLOGY 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 FOUNDATION FOR REFORMED THEOLOGY 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 FOUNDATION FOR REFORMED THEOLOGY?
The 990 for the year ended December 31, 2025 names MR RICHARD BURNETT.
Who are the officers and directors of FOUNDATION FOR REFORMED THEOLOGY?
The 990 for the year ended December 31, 2025 lists 19 people; 0 received compensation from the organization.
How much revenue does FOUNDATION FOR REFORMED THEOLOGY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $207,716, expenses of $90,263 and total assets of $1,920,174 at year end.

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