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Nonprofit · EIN 88-0845880

THE IGNITE FOUNDATION

Tax-exempt · WILMINGTON, DE 19809

Financials

$32K$200K2023$47K$263K2024$95K$324K2025
Revenue Expenses · by fiscal year end
Financials of THE IGNITE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$95,144$324,132-$228,988$241,557$0$241,557
December 31, 2024990-PF$46,529$262,586-$216,057$470,545$0$470,545
December 31, 2023990-PF$32,289$200,248-$167,959$686,602$0$686,602
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$12,485
Interest
$432
Net gain from sales of assets
$82,227

Expenses

Grants and similar amounts paid
$284,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$317,979
Excise tax on investment income
$1,342

Balance sheet and other

Total assets, start of year
$470,545
Total assets, end of year
$241,557
Total liabilities, end of year
$0
Net assets, end of year
$241,557
Fair market value of assets
$302,663
Qualifying distributions
$317,979
Net investment income
$101,400

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.

NameTitleHours / weekCompensation
Christopher G Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres1$0
Grace J Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Mackenzie J Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Madeline J Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Michelle J Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Sec, Treas1$0
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
Christopher G Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres1$0
Grace J Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Mackenzie J Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Madeline J Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Michelle J Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Sec, Treas1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Christopher G Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres1$0
Grace J Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Mackenzie J Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Madeline J Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$0
Michelle J Bell
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Sec, Treas1$0

Address and contacts

Address (IRS master file)
FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
In care of
% FOUNDATION SOURCE
Signed the 990-PF
Christopher Bell, 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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
88-0845880
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
2024
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$241,557
Income (IRS master file)
$558,977

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$95,144$324,132$241,557IRS
990-PFDecember 2024$46,529$262,586$470,545XML
990-PFDecember 2023$32,289$200,248$686,602XML
990-PFDecember 2022–––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 88-0845880).

Questions about THE IGNITE FOUNDATION

What is the EIN of THE IGNITE FOUNDATION?
The employer identification number (EIN) of THE IGNITE FOUNDATION is 88-0845880.
Is THE IGNITE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to THE IGNITE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE IGNITE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE IGNITE 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 THE IGNITE 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 THE IGNITE FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does THE IGNITE FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $95,144, expenses of $324,132 and total assets of $241,557 at year end.

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