Nonprofit · EIN 94-6067469
THE DRUM FOUNDATION
Tax-exempt · SAN FRANCISCO, CA 94104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $151,920 | $290,676 | -$138,756 | $3,558,560 | $0 | $3,558,560 |
| December 31, 2024 | 990-PF | $391,045 | $276,551 | $114,494 | $3,697,316 | $0 | $3,697,316 |
| December 31, 2023 | 990-PF | $141,870 | $266,729 | -$124,859 | $3,582,822 | $0 | $3,582,822 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $147,280
- Net gain from sales of assets
- $4,551
- Other income
- $89
Expenses
- Grants and similar amounts paid
- $179,000
- Compensation of officers, directors and key employees
- $50,000
- Disbursements for charitable purposes
- $232,419
- Excise tax on investment income
- $1,330
Balance sheet and other
- Total assets, start of year
- $3,697,316
- Total assets, end of year
- $3,558,560
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,558,560
- Fair market value of assets
- $5,637,055
- Qualifying distributions
- $232,419
- Net investment income
- $151,920
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANET ABBOTT 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | Director | 5 | $25,000 |
| PHILIP HUDNER 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | Director | 5 | $25,000 |
| JANET ABBOTT 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | President | 0 | $0 |
| PHILIP HUDNER 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | Treasurer | 0 | $0 |
| PHILIP HUDNER 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | Secretary | 0 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANET ABBOTT 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | Director | 5 | $25,000 |
| PHILIP HUDNER 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | Director | 5 | $25,000 |
| JANET ABBOTT 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | President | 0 | $0 |
| PHILIP HUDNER 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | Treasurer | 0 | $0 |
| PHILIP HUDNER 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | Secretary | 0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANET ABBOTT 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | Director | 5 | $25,000 |
| PHILIP HUDNER 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | Director | 5 | $25,000 |
| JANET ABBOTT 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | President | 0 | $0 |
| PHILIP HUDNER 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | Treasurer | 0 | $0 |
| PHILIP HUDNER 235 MONTGOMERY ST 735, SAN FRANCISCO, CA 94104 | Secretary | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 235 MONTGOMERY ST STE 735, SAN FRANCISCO, CA 94104-2917
- In care of
- % PHILIP HUDNER
- Signed the 990-PF
- Mollie Hudner Thompson, Treasurer
- Phone
- (415) 651-1915
- Return prepared by
- Katsis & Company Ltd
California records
California keeps its own records of charities and corporations. Search them by EIN 94-6067469 or by the name THE DRUM FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
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 | 990-PF 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
- 94-6067469
- 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
- 1958
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $3,558,560
- Income (IRS master file)
- $392,492
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $151,920 | $290,676 | $3,558,560 | IRS |
| 990-PF | December 2024 | $391,045 | $276,551 | $3,697,316 | IRS |
| 990-PF | December 2023 | $141,870 | $266,729 | $3,582,822 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 94-6067469).
Questions about THE DRUM FOUNDATION
- What is the EIN of THE DRUM FOUNDATION?
- The employer identification number (EIN) of THE DRUM FOUNDATION is 94-6067469.
- Is THE DRUM FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1958.
- Are donations to THE DRUM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE DRUM FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE DRUM 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 DRUM 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 DRUM FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 2 received compensation from the organization, the highest $25,000 (JANET ABBOTT, Director).
- How much revenue does THE DRUM FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $151,920, expenses of $290,676 and total assets of $3,558,560 at year end.
Other nonprofits in SAN FRANCISCO
- DIGNITY HEALTH EIN 94-1196203 · last filed 990 for 2025
- DELTA DENTAL OF CALIFORNIA EIN 94-1461312 · last filed 990 for 2024
- COMMONWEALTH SCIENTIFIC AND INDUSTRIAL RESEARCH ORGANIZATION EIN 98-0119947 · last filed 990 for 2025
- INTERNATIONAL LONGSHRMNS & WAREHSMN UNION-PACI MRTM ASSOC WELFARE FUND EIN 94-6068578 · last filed 990 for 2025
- SERGEY BRIN FAMILY FOUNDATION EIN 47-2107200 · last filed 990-PF for 2024
- GOLDEN GATE REGIONAL CENTER INC EIN 94-2461462 · last filed 990 for 2025
- UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION EIN 94-2829914 · last filed 990 for 2025
- UNIVERSITY OF SAN FRANCISCO EIN 94-1156628 · last filed 990 for 2025