Nonprofit · EIN 73-1256123
ROBERT S & GRAYCE B KERR FOUNDATION INC
Tax-exempt · OKLAHOMA CITY, OK 73154
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $4,514,224 | $1,524,164 | $2,990,060 | $22,863,266 | $0 | $22,863,266 |
| December 31, 2023 | 990-PF | $1,071,264 | $1,998,244 | -$926,980 | $19,752,974 | $0 | $19,752,974 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $332,561
- Interest
- $60,964
- Net gain from sales of assets
- $4,113,709
- Other income
- $6,990
Expenses
- Grants and similar amounts paid
- $1,025,000
- Compensation of officers, directors and key employees
- $176,993
- Salaries, compensation and benefits (total)
- $95,989
- Disbursements for charitable purposes
- $1,322,628
- Excise tax on investment income
- $59,904
Balance sheet and other
- Total assets, start of year
- $19,752,974
- Total assets, end of year
- $22,863,266
- Total liabilities, end of year
- $0
- Net assets, end of year
- $22,863,266
- Fair market value of assets
- $33,466,458
- Qualifying distributions
- $1,322,628
- Net investment income
- $4,510,473
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARA KERR PO BOX 54917, OKLAHOMA CITY, OK 73154 | SECRETARY/TREASURER | 30 | $54,167 | $41,243 |
| GRAYCEN MASHBURN PO BOX 54917, OKLAHOMA CITY, OK 73154 | INTERIM PRESIDENT | 10 | $27,083 | $54,499 |
| NANCY KERR PO BOX 54917, OKLAHOMA CITY, OK 73154 | DIRECTOR | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARA KERR PO BOX 54917, OKLAHOMA CITY, OK 73154 | SECRETARY/ TREASURER | 30 | $50,000 | $5,000 |
| KAVAR KERR PO BOX 54917, OKLAHOMA CITY, OK 73154 | PRESIDENT | 30 | $43,750 | $4,375 |
| GRAYCEN MASHBURN PO BOX 54917, OKLAHOMA CITY, OK 73154 | VICE CHAIRMAN | 10 | $25,000 | $2,500 |
| WILLIAM G KERR PO BOX 54917, OKLAHOMA CITY, OK 73154 | CHAIRMAN | 5 | $0 | $0 |
| NANCY KERR PO BOX 54917, OKLAHOMA CITY, OK 73154 | DIRECTOR | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 54917, OKLAHOMA CITY, OK 73154-1917
- Signed the 990-PF
- MARA KERR, SECRETARY/TREASURER
- Phone
- (405) 924-1210
- Return prepared by
- HOGANTAYLOR 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 | Not 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
- 73-1256123
- 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
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A99)
- Assets (IRS master file)
- $22,863,266
- Income (IRS master file)
- $9,269,148
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $4,514,224 | $1,524,164 | $22,863,266 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $1,071,264 | $1,998,244 | $19,752,974 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 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-PF | December 2017 | – | – | – | 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 73-1256123).
Questions about ROBERT S & GRAYCE B KERR FOUNDATION INC
- What is the EIN of ROBERT S & GRAYCE B KERR FOUNDATION INC?
- The employer identification number (EIN) of ROBERT S & GRAYCE B KERR FOUNDATION INC is 73-1256123.
- Is ROBERT S & GRAYCE B KERR FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to ROBERT S & GRAYCE B KERR FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ROBERT S & GRAYCE B KERR FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ROBERT S & GRAYCE B KERR FOUNDATION INC 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 ROBERT S & GRAYCE B KERR FOUNDATION INC 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 ROBERT S & GRAYCE B KERR FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 2 received compensation from the organization, the highest $54,167 (MARA KERR, SECRETARY/TREASURER).
- How much revenue does ROBERT S & GRAYCE B KERR FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,514,224, expenses of $1,524,164 and total assets of $22,863,266 at year end.
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