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Nonprofit · EIN 84-2321253

SOUTHERN RECONSTRUCTION FUND

Tax-exempt · WILMINGTON, DE 19809

Financials

$2.6M$1.6M2022$24K$1.7M2023
Revenue Expenses · by fiscal year end
Financials of SOUTHERN RECONSTRUCTION FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990-PF$23,958$1,733,957-$1,709,999$4,417,290$0$4,417,290
June 30, 2023990-PF$2,604,947$1,601,042$1,003,905$6,127,289$0$6,127,289
Financial details: 990-PF for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$142,909
Interest
$12,157
Net gain from sales of assets
-$131,108

Expenses

Grants and similar amounts paid
$218,000
Compensation of officers, directors and key employees
$524,417
Salaries, compensation and benefits (total)
$390,000
Disbursements for charitable purposes
$1,060,873

Balance sheet and other

Total assets, start of year
$6,127,289
Total assets, end of year
$4,417,290
Total liabilities, end of year
$0
Net assets, end of year
$4,417,290
Fair market value of assets
$4,891,598
Qualifying distributions
$1,061,958
Net investment income
$155,066

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 June 30, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Dorian O Burton II
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
DIR, PRES60$415,000$138,090
NAPOLEON WALLACE
FOUNDATION SOURCE, WILMINGTON, DE 198091377
MP, COO, CIO
Highest-paid employee
60$390,000$115,496
Charles Rush
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir30$109,417$35,682
Bobby Austin
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0$0
Anne Kenan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0$0
Annice O Kenan-Smith
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0$0
990-PF for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensationOther / benefits
Dorian O Burton II
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres60$415,000$110,959
NAPOLEON WALLACE
FOUNDATION SOURCE, WILMINGTON, DE 198091377
MP, COO, CIO
Highest-paid employee
60$390,000$130,746
Anne Kenan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0$0
Annice O Kenan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$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
dorian burton, 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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024990-PF on file

IRS record

EIN
84-2321253
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
June
Files
Form 990-PF
Assets (IRS master file)
$4,417,290
Income (IRS master file)
$3,124,527

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJune 2024$23,958$1,733,957$4,417,290IRS
990-PFJune 2023$2,604,947$1,601,042$6,127,289XML
990-PFJune 2022–––IRS
990-PFJune 2021–––IRS
990-PFJune 2020–––IRS
990-PFJune 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 84-2321253).

Questions about SOUTHERN RECONSTRUCTION FUND

What is the EIN of SOUTHERN RECONSTRUCTION FUND?
The employer identification number (EIN) of SOUTHERN RECONSTRUCTION FUND is 84-2321253.
Is SOUTHERN RECONSTRUCTION FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to SOUTHERN RECONSTRUCTION FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SOUTHERN RECONSTRUCTION FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of SOUTHERN RECONSTRUCTION FUND due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTHERN RECONSTRUCTION FUND last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended June 2024.
Who are the officers and directors of SOUTHERN RECONSTRUCTION FUND?
The 990-PF for the year ended June 30, 2024 lists 6 people; 3 received compensation from the organization, the highest $415,000 (Dorian O Burton II, DIR, PRES).
How much revenue does SOUTHERN RECONSTRUCTION FUND have?
On its 990-PF for the year ended June 30, 2024 it reported revenue of $23,958, expenses of $1,733,957 and total assets of $4,417,290 at year end.

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