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Nonprofit · EIN 82-4278252

THE MONARCH CHARITABLE FOUNDATION

Tax-exempt · WILMINGTON, DE 19809

Financials

$40.4M$2.4M2023$14.7M$9.1M2024
Revenue Expenses · by fiscal year end
Financials of THE MONARCH CHARITABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$14,676,396$9,138,796$5,537,600$109,201,026$0$109,201,026
December 31, 2023990-PF$40,361,997$2,437,909$37,924,088$103,666,820$3,394$103,663,426
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$12,785,383
Dividends
$788,125
Interest
$11,669
Net gain from sales of assets
$1,181,348
Other income
-$90,129

Expenses

Grants and similar amounts paid
$7,040,653
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$226,916
Disbursements for charitable purposes
$7,578,442
Excise tax on investment income
$95,413

Balance sheet and other

Total assets, start of year
$103,666,820
Total assets, end of year
$109,201,026
Total liabilities, end of year
$0
Net assets, end of year
$109,201,026
Fair market value of assets
$126,757,223
Qualifying distributions
$7,776,060
Net investment income
$7,988,701

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.

NameTitleHours / weekCompensationOther / benefits
CAROLINE NOBLE
329 16TH ST, BROOKLYN, NY 11215
DIRECTOR
Highest-paid employee
50$120,199$4,385
CHRISTINE SWITZER THEODORIDIS
65 GOTHIC ST, NORTHAMPTON, VA 01060
DIRECTOR
Highest-paid employee
50$91,667$5,156
Holly Fogle
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres1$0$0
Jeffrey Lieberman
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Sec, Treas1$0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationOther / benefits
MEGHA AGARWAL
35 HAVEMEYER ST, BROOKLYN, NY 11211
Executive Director
Highest-paid employee
50$188,802$18,709
CAROLINE NOBLE
329 16TH ST, BROOKLYN, NY 11215
DIRECTOR
Highest-paid employee
50$110,700$4,385
NOA SAINT-MARC
517 GRAND ST, BROOKLYN, NY 11211
CHIEF OF STAFF
Highest-paid employee
30$108,409$14,301
Holly Fogle
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres1$0$0
Jeffrey Lieberman
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Sec, Treas1$0$0

Address and contacts

Address (IRS master file)
501 SILVERSIDE RD STE 123, WILMINGTON, DE 19809-1377
In care of
% FOUNDATION SOURCE
Signed the 990-PF
HOLLY FOGLE, PRESIDENT
Phone
(800) 839-1754
Return prepared by
Foundation Source

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
82-4278252
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
2018
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$109,201,026
Income (IRS master file)
$37,569,197

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$14,676,396$9,138,796$109,201,026XML
990-TDecember 2024–––IRS
990-PFDecember 2023$40,361,997$2,437,909$103,666,820XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––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 82-4278252).

Questions about THE MONARCH CHARITABLE FOUNDATION

What is the EIN of THE MONARCH CHARITABLE FOUNDATION?
The employer identification number (EIN) of THE MONARCH CHARITABLE FOUNDATION is 82-4278252.
Is THE MONARCH CHARITABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to THE MONARCH CHARITABLE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE MONARCH CHARITABLE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE MONARCH CHARITABLE FOUNDATION 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 THE MONARCH CHARITABLE FOUNDATION 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 THE MONARCH CHARITABLE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $120,199 (CAROLINE NOBLE, DIRECTOR).
How much revenue does THE MONARCH CHARITABLE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $14,676,396, expenses of $9,138,796 and total assets of $109,201,026 at year end.

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