Nonprofit · EIN 81-1251081
MARY HANCOCK AND FRANK EDWARD DRISCOLL FOUNDATION
Tax-exempt · WINSTON SALEM, NC 27101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $55,143 | $188,368 | -$133,225 | $3,169,949 | $0 | $3,169,949 |
| December 31, 2024 | 990-PF | $3,172,675 | $72,143 | $3,100,532 | $3,303,107 | $0 | $3,303,107 |
| December 31, 2023 | 990-PF | $11,270 | $22,442 | -$11,172 | $202,575 | $0 | $202,575 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $83,016
- Interest
- $15,484
- Net gain from sales of assets
- -$43,357
Expenses
- Grants and similar amounts paid
- $155,000
- Disbursements for charitable purposes
- $155,000
- Excise tax on investment income
- $926
Balance sheet and other
- Total assets, start of year
- $3,303,107
- Total assets, end of year
- $3,169,949
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,169,949
- Fair market value of assets
- $3,594,170
- Qualifying distributions
- $155,000
- Net investment income
- $98,500
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 |
|---|---|---|---|
| MARGARET D TOWNSEND 1084 WEST 4TH STREET, WINSTON SALEM, NC 27101 | DIRECTOR | 0 | $0 |
| DALE E DRISCOLL 1084 WEST 4TH STREET, WINSTON SALEM, NC 27101 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARGARET D TOWNSEND 1084 WEST 4TH STREET, WINSTON SALEM, NC 27101 | DIRECTOR | 0 | $0 |
| DALE E DRISCOLL 1084 WEST 4TH STREET, WINSTON SALEM, NC 27101 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARGARET D TOWNSEND 1084 WEST 4TH STREET, WINSTON SALEM, NC 27101 | DIRECTOR | 0 | $0 |
| DALE E DRISCOLL 1084 WEST 4TH STREET, WINSTON SALEM, NC 27101 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1084 W 4TH ST, WINSTON SALEM, NC 27101-2411
- In care of
- % DALE E DRISCOLL
- Signed the 990-PF
- DALE E DRISCOLL, DIRECTOR
- Phone
- (336) 722-2517
- Return prepared by
- CANNON & COMPANY 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
- 81-1251081
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $3,169,949
- Income (IRS master file)
- $908,661
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $55,143 | $188,368 | $3,169,949 | IRS |
| 990-PF | December 2024 | $3,172,675 | $72,143 | $3,303,107 | XML |
| 990-PF | December 2023 | $11,270 | $22,442 | $202,575 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 81-1251081).
Questions about MARY HANCOCK AND FRANK EDWARD DRISCOLL FOUNDATION
- What is the EIN of MARY HANCOCK AND FRANK EDWARD DRISCOLL FOUNDATION?
- The employer identification number (EIN) of MARY HANCOCK AND FRANK EDWARD DRISCOLL FOUNDATION is 81-1251081.
- Is MARY HANCOCK AND FRANK EDWARD DRISCOLL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to MARY HANCOCK AND FRANK EDWARD DRISCOLL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MARY HANCOCK AND FRANK EDWARD DRISCOLL FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MARY HANCOCK AND FRANK EDWARD DRISCOLL FOUNDATION 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 MARY HANCOCK AND FRANK EDWARD DRISCOLL FOUNDATION 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 MARY HANCOCK AND FRANK EDWARD DRISCOLL FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does MARY HANCOCK AND FRANK EDWARD DRISCOLL FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $55,143, expenses of $188,368 and total assets of $3,169,949 at year end.
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