Nonprofit · EIN 83-1204880
MINOR USE FOUNDATION INC
Tax-exempt · RALEIGH, NC 27606
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,166,555 | $1,320,454 | -$153,899 | $243,701 | $56,197 | $187,504 |
| December 31, 2023 | 990-PF | $687,530 | $842,944 | -$155,414 | $411,084 | $69,681 | $341,403 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,086,654
- Interest
- $1
- Other income
- $79,900
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $244,505
- Disbursements for charitable purposes
- $1,306,197
Balance sheet and other
- Total assets, start of year
- $411,084
- Total assets, end of year
- $243,701
- Total liabilities, end of year
- $56,197
- Net assets, end of year
- $187,504
- Fair market value of assets
- $243,701
- Qualifying distributions
- $1,306,197
- Net investment income
- $1
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 |
|---|---|---|---|
| ANNA GORE 26 ROCKLYN CT, CORTE MADERA, CA 94925 | EXECUTIVE DIRECTOR | 40 | $204,340 |
| NICHOLAS DROST 4887 BROOKGATE DR NW, COMSTOCK PARK, MI 49321 | CHIEF FINANCIAL OFFICER | 40 | $40,165 |
| DR DANIEL KUNKEL 1730 VARSITY DRIVE VENTURE IV SUITE, 210, RALEIGH, NC 27606 | TREASURER | 2 | $0 |
| DR DIRK DROST 1730 VARSITY DRIVE VENTURE IV SUITE, 210, RALEIGH, NC 27606 | CHAIRMAN | 2 | $0 |
| DR ALAN NORDEN 1730 VARSITY DRIVE VENTURE IV SUITE, 210, RALEIGH, NC 27606 | SECRETARY | 2 | $0 |
| DR JERRY BARON 1730 VARSITY DRIVE VENTURE IV SUITE, 210, RALEIGH, NC 27606 | MEMBER | 1 | $0 |
| DR DANIELLA TAVEAU 1730 VARSITY DRIVE VENTURE IV SUITE, 210, RALEIGH, NC 27606 | MEMBER | 1 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNA GORE 26 ROCKLYN CT, CORTE MADERA, CA 94925 | EXECUTIVE DIRECTOR | 40 | $159,621 |
| DR DANIEL KUNKEL 1730 VARSITY DRIVE VENTURE IV SUITE, 210, RALEIGH, NC 27606 | TREASURER | 5 | $0 |
| DR DIRK DROST 1730 VARSITY DRIVE VENTURE IV SUITE, 210, RALEIGH, NC 27606 | CHAIRMAN | 15 | $0 |
| DR ALAN NORDEN 1730 VARSITY DRIVE VENTURE IV SUITE, 210, RALEIGH, NC 27606 | SECRETARY | 8 | $0 |
| DR MICHAEL BRAVERMAN 1730 VARSITY DRIVE VENTURE IV SUITE, 210, RALEIGH, NC 27606 | MEMBER | 8 | $0 |
| DR JASON SANDAHL 1730 VARSITY DRIVE VENTURE IV SUITE, 210, RALEIGH, NC 27606 | MEMBER | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1730 VARSITY DR STE 210, RALEIGH, NC 27606-5228
- Signed the 990-PF
- DIRK DROST, CHAIRMAN
- Phone
- (336) 209-5398
- Website
- WWW.MINORUSEFOUNDATION.ORG
- Return prepared by
- MANER COSTERISAN 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 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
- 83-1204880
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $243,701
- Income (IRS master file)
- $1,166,555
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,166,555 | $1,320,454 | $243,701 | XML |
| 990-PF | December 2023 | $687,530 | $842,944 | $411,084 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | 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 83-1204880).
Questions about MINOR USE FOUNDATION INC
- What is the EIN of MINOR USE FOUNDATION INC?
- The employer identification number (EIN) of MINOR USE FOUNDATION INC is 83-1204880.
- Is MINOR USE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to MINOR USE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MINOR USE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MINOR USE 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 MINOR USE 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 MINOR USE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $204,340 (ANNA GORE, EXECUTIVE DIRECTOR).
- How much revenue does MINOR USE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,166,555, expenses of $1,320,454 and total assets of $243,701 at year end.
Other nonprofits in RALEIGH
- NORTH CAROLINA COMMUNITY FOUNDATION INC EIN 58-1661700 · last filed 990 for 2025
- THE ASHA AND SAJJAN AGARWAL FOUNDATION EIN 42-1747195 · last filed 990-PF for 2024
- STATE EMPLOYEES CREDIT UNION FOUNDATION EIN 56-2255292 · last filed 990-PF for 2025
- A J FLETCHER FOUNDATION EIN 23-7423031 · last filed 990 for 2024
- RALEIGH RESCUE MISSION FOUNDATION INC EIN 56-1895093 · last filed 990 for 2025
- LINDA J LEITH FAMILY FOUNDATION INC EIN 87-1063483 · last filed 990-PF for 2024
- LUDDY CHARITABLE FOUNDATION EIN 11-3660572 · last filed 990-PF for 2024
- ANONYMOUS TRUST EIN 26-6220561 · last filed 990-PF for 2025
All nonprofits in RALEIGH · North Carolina · Philanthropy, voluntarism and grantmaking foundations