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Nonprofit · EIN 81-0526846

JANE S HEMAN FOUNDATION INC

Tax-exempt · STEVENSVILLE, MT 59870

Financials

$702K$911K2023$1M$923K2024$797K$1M2025
Revenue Expenses · by fiscal year end
Financials of JANE S HEMAN FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$796,502$1,005,917-$209,415$7,015,727$0$7,015,727
December 31, 2024990-PF$1,022,446$922,645$99,801$7,225,142$0$7,225,142
December 31, 2023990-PF$702,325$911,071-$208,746$7,125,341$0$7,125,341
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$523,845
Interest
$5,462
Net gain from sales of assets
$267,195

Expenses

Grants and similar amounts paid
$910,038
Compensation of officers, directors and key employees
$63,000
Disbursements for charitable purposes
$949,966
Excise tax on investment income
$10,935

Balance sheet and other

Total assets, start of year
$7,225,142
Total assets, end of year
$7,015,727
Total liabilities, end of year
$0
Net assets, end of year
$7,015,727
Fair market value of assets
$23,975,080
Qualifying distributions
$949,966
Net investment income
$796,502

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.

NameTitleHours / weekCompensation
MICHAEL A MAGONE
1207 YELLOW PINE ST, MISSOULA, MT 59802
PRESIDENT15$29,000
ROBERT A THOMAS
366 HILLVIEW DRIVE, STEVENSVILLE, MT 59870
SECRETARY/TREASURER4$26,000
CAROL CAPP
4004 WILDFOWL LANE, STEVENSVILLE, MT 59870
VICE PRESIDENT4$8,000
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
MICHAEL A MAGONE
1207 YELLOW PINE ST, MISSOULA, MT 59802
PRESIDENT15$26,000
ROBERT A THOMAS
366 HILLVIEW DRIVE, STEVENSVILLE, MT 59870
SECRETARY/TREASURER4$26,000
CAROL CAPP
4004 WILDFOWL LANE, STEVENSVILLE, MT 59870
VICE PRESIDENT4$8,000
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ROBERT A THOMAS
366 HILLVIEW DRIVE, STEVENSVILLE, MT 59870
PRESIDENT15$40,000
CAROL CAPP
4004 WILDFOWL LANE, STEVENSVILLE, MT 59870
VICE PRESIDENT4$7,000
MICHAEL A MAGONE
1207 YELLOW PINE ST, MISSOULA, MT 59802
SECRETARY/TREASURER4$7,000

Address and contacts

Address (IRS master file)
366 HILLVIEW DR, STEVENSVILLE, MT 59870-6745
Signed the 990-PF
ROBERT THOMAS, PRESIDENT
Phone
(406) 549-3195
Return prepared by
JUNKERMIERCLARKCAMPANELLASTEVENS PC

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
81-0526846
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
Assets (IRS master file)
$7,015,727
Income (IRS master file)
$800,436

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$796,502$1,005,917$7,015,727XML
990-PFDecember 2024$1,022,446$922,645$7,225,142IRS
990-PFDecember 2023$702,325$911,071$7,125,341XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 81-0526846).

Questions about JANE S HEMAN FOUNDATION INC

What is the EIN of JANE S HEMAN FOUNDATION INC?
The employer identification number (EIN) of JANE S HEMAN FOUNDATION INC is 81-0526846.
Is JANE S HEMAN FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to JANE S HEMAN FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does JANE S HEMAN FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of JANE S HEMAN 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 JANE S HEMAN 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 JANE S HEMAN FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 3 received compensation from the organization, the highest $29,000 (MICHAEL A MAGONE, PRESIDENT).
How much revenue does JANE S HEMAN FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $796,502, expenses of $1,005,917 and total assets of $7,015,727 at year end.

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