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Nonprofit · EIN 83-2902136

TWELVE STARS FOUNDATION

Tax-exempt · PALM BEACH, FL 33480

Financials

$5.4M$2.3M2022$17.9M$2.6M2023
Revenue Expenses · by fiscal year end
Financials of TWELVE STARS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
November 30, 2024990-PF$17,890,068$2,618,358$15,271,710$42,902,140$0$42,902,140
November 30, 2023990-PF$5,359,892$2,320,711$3,039,181$33,602,534$0$33,602,534
Financial details: 990-PF for the year ended November 30, 2024

Revenue

Contributions, gifts and grants
$10,065,195
Dividends
$623,121
Interest
$503,988
Net gain from sales of assets
$6,737,225
Other income
-$39,461

Expenses

Grants and similar amounts paid
$2,003,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$2,059,875
Excise tax on investment income
$103,383

Balance sheet and other

Total assets, start of year
$33,602,534
Total assets, end of year
$42,902,140
Total liabilities, end of year
$0
Net assets, end of year
$42,902,140
Fair market value of assets
$51,774,135
Qualifying distributions
$2,059,875
Net investment income
$7,876,038

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 November 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
GLENN M CREAMER
576 ISLAND DRIVE, PALM BEACH, FL 33480
CHAIRMAN/TREASURER2$0
MARY JANE CREAMER
576 ISLAND DRIVE, PALM BEACH, FL 33480
PRESIDENT/SECRETARY2$0
990-PF for the year ended November 30, 2023: 2 people
NameTitleHours / weekCompensation
GLENN M CREAMER
107 NAYATT ROAD, BARRINGTON, RI 02806
CHAIRMAN/TREASURER0$0
MARY JANE CREAMER
107 NAYATT ROAD, BARRINGTON, RI 02806
PRESIDENT/SECRETARY0$0

Address and contacts

Address (IRS master file)
576 ISLAND DR, PALM BEACH, FL 33480-4747
In care of
% ATHENA CAPITAL ADVISORS LLC
Signed the 990-PF
GLENN M CREAMER, CHAIRMAN/TREASURER
Phone
(401) 283-1238
Return prepared by
CBIZ ADVISORS LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024November 30, 2025April 15, 2026Not on file
2023November 30, 2024April 15, 2025990-PF on file
2022November 30, 2023April 15, 2024990-PF on file

IRS record

EIN
83-2902136
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
2021
Accounting year ends
November
Files
Form 990-PF
Assets (IRS master file)
$42,902,140
Income (IRS master file)
$28,916,045

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFNovember 2024$17,890,068$2,618,358$42,902,140XML
990-TNovember 2024–––IRS
990-PFNovember 2023$5,359,892$2,320,711$33,602,534XML
990-TNovember 2023–––IRS
990-PFNovember 2022–––IRS
990-TNovember 2022–––IRS
990-PFNovember 2021–––IRS
990-TNovember 2021–––IRS
990-PFNovember 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 83-2902136).

Questions about TWELVE STARS FOUNDATION

What is the EIN of TWELVE STARS FOUNDATION?
The employer identification number (EIN) of TWELVE STARS FOUNDATION is 83-2902136.
Is TWELVE STARS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to TWELVE STARS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does TWELVE STARS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of TWELVE STARS FOUNDATION due?
The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TWELVE STARS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended November 2024.
Who are the officers and directors of TWELVE STARS FOUNDATION?
The 990-PF for the year ended November 30, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does TWELVE STARS FOUNDATION have?
On its 990-PF for the year ended November 30, 2024 it reported revenue of $17,890,068, expenses of $2,618,358 and total assets of $42,902,140 at year end.

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