Nonprofit · EIN 58-2032862
MYRTLE AND R T SINCLAIR JR CHARITABLE FOUNDATION INC
Tax-exempt · WILMINGTON, NC 28403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $176,525 | $187,263 | -$10,738 | $4,640,347 | $0 | $4,640,347 |
| December 31, 2024 | 990-PF | $250,825 | $232,923 | $17,902 | $4,268,904 | $0 | $4,268,904 |
| December 31, 2023 | 990-PF | $186,311 | $255,809 | -$69,498 | $4,076,952 | $0 | $4,076,952 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $135,614
- Net gain from sales of assets
- $40,312
- Other income
- $599
Expenses
- Grants and similar amounts paid
- $145,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $157,461
- Excise tax on investment income
- $2,249
Balance sheet and other
- Total assets, start of year
- $4,268,904
- Total assets, end of year
- $4,640,347
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,640,347
- Fair market value of assets
- $4,640,347
- Qualifying distributions
- $157,461
- Net investment income
- $175,926
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOBBY R WHALEY 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | PRESIDENT | 0.1 | $0 |
| GARRY GARRIS 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | TREASURER | 0.1 | $0 |
| MICHAEL PREVATTE 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | SECRETARY | 0.1 | $0 |
| JAMES B SINCLAIR 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | ASSISTANT SECRETARY | 0.1 | $0 |
| W TALMAGE JONES 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | MEMBER | 0.1 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOBBY R WHALEY 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | PRESIDENT | 0.1 | $0 |
| GARRY GARRIS 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | TREASURER | 0.1 | $0 |
| MICHAEL PREVATTE 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | SECRETARY | 0.1 | $0 |
| JAMES B SINCLAIR 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | ASSISTANT SECRETARY | 0.1 | $0 |
| W TALMAGE JONES 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | MEMBER | 0.1 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOBBY R WHALEY 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | PRESIDENT | 0.1 | $0 |
| GARRY GARRIS 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | TREASURER | 0.1 | $0 |
| MICHAEL PREVATTE 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | SECRETARY | 0.1 | $0 |
| JAMES B SINCLAIR 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | ASSISTANT SECRETARY | 0.1 | $0 |
| W TALMAGE JONES 240 RACINE DRIVE NO 201, WILMINGTON, NC 28403 | MEMBER | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 240 RACINE DRIVE 201, WILMINGTON, NC 28403-8703
- In care of
- % BOBBY R WHALEY
- Signed the 990-PF
- GARRY GARRIS, TREASURER
- Phone
- (910) 452-0611
- Return prepared by
- PBMARES 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 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-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 58-2032862
- 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
- 1993
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $4,640,347
- Income (IRS master file)
- $529,695
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $176,525 | $187,263 | $4,640,347 | IRS |
| 990-PF | December 2024 | $250,825 | $232,923 | $4,268,904 | IRS |
| 990-PF | December 2023 | $186,311 | $255,809 | $4,076,952 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | 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 58-2032862).
Questions about MYRTLE AND R T SINCLAIR JR CHARITABLE FOUNDATION INC
- What is the EIN of MYRTLE AND R T SINCLAIR JR CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of MYRTLE AND R T SINCLAIR JR CHARITABLE FOUNDATION INC is 58-2032862.
- Is MYRTLE AND R T SINCLAIR JR CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to MYRTLE AND R T SINCLAIR JR CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MYRTLE AND R T SINCLAIR JR CHARITABLE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MYRTLE AND R T SINCLAIR JR CHARITABLE FOUNDATION INC 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 MYRTLE AND R T SINCLAIR JR CHARITABLE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of MYRTLE AND R T SINCLAIR JR CHARITABLE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does MYRTLE AND R T SINCLAIR JR CHARITABLE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $176,525, expenses of $187,263 and total assets of $4,640,347 at year end.
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