FATE FOUNDATION: Form 990EZ, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
FATE FOUNDATION (EIN 82-2528013)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-02-13
IRS object ID
202630449349201258
Schema version
2025v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-02-13T12:06:25-08:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN845033039PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BRUCE STANSBERRY CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2163AddressLine1Txt
CityINDEPENDENCECityNm
State AbbreviationMOStateAbbreviationCd
ZIP64055ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN822528013EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FATE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFATEBusinessNameControlTxt
Phone8286227554PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14625 MEADOW FORK RDAddressLine1Txt
CityHOT SPRINGSCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28743ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL TUZIWPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8286227554PhoneNum
Signature2026-02-13SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBruce StansberryPreparerPersonNm
PTINP00126689PTIN
Phone8162521040PhoneNum
Preparation2026-02-13PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$82,800GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$76,307ContributionsGiftsGrantsEtcAmt
Program Service Revenue$0ProgramServiceRevenueAmt
Membership Dues$0MembershipDuesAmt
Investment Income$6,493InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$0SpecialEventsNetIncomeLossAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Total Revenue$82,800TotalRevenueAmt
Benefits Paid To Or For Members$57,101BenefitsPaidToOrForMembersAmt
Printing Publications Postage$464PrintingPublicationsPostageAmt
Other Expenses Total$1,358OtherExpensesTotalAmt
Total Expenses$58,923TotalExpensesAmt
Excess Or Deficit For Year$23,877ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$195,174NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$219,051NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$193,174BOYAmt
EOY$217,051EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$2,000BOYAmt
EOY$2,000EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$195,174BOYAmt
EOY$219,051EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$195,174BOYAmt
EOY$219,051EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeSCHOLARSHIPSPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
PROVIDE SCHOLARSHIPS FOR 9 STUDENTS OF MADISON COUNTY NC TO GIVE THEM THE OPPORTUNITY FOR A COLLEGE EDUCATION$0$57,101
PROVIDE TOYS FOR DISADVANTAGED CHILDREN AT CHRISTMAS THROUGH$0$3,740
PROVIDE OVENS/STOVES FOR ELDERLY PEOPLE IN THE COMMUNITY TO GIVE THEM THE CHANCE TO EAT HEALTHY 1 OVEN PROVIDED$0$0
FieldValueIRS element (for citing)
Total Program Service Expenses$60,841TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL TUZIW
PRESIDENT AND DIRECTOR20.00$0$0$0
ANNA TUZIW
SECRETARY/ TREASURER AND DIRECTOR20.00$0$0$0
LISA MCLEAN
ADVISOR0.00$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Initiation Fees And Cap Contri$0InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$0GrossReceiptsForPublicUseAmt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMICHAEL TUZIWPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14625 MEADOW FORK RDAddressLine1Txt
CityHOT SPRINGSCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28743ZIPCd
FieldValueIRS element (for citing)
Phone8286227554PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind
Other Support Sum$0OtherSupportSumAmt

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$58,822CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$45,505CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$78,274CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$52,574CurrentTaxYearMinus1YearAmt
Current Tax Year$76,307CurrentTaxYearAmt
Total$311,482TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$58,822CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$45,505CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$78,274CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$52,574CurrentTaxYearMinus1YearAmt
Current Tax Year$76,307CurrentTaxYearAmt
Total$311,482TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$311,482PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$1,803CurrentTaxYearMinus2YearsAmt
Current Tax Year$6,493CurrentTaxYearAmt
Total$8,296TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$319,778TotalSupportAmt
Public Support CY1700.97410PublicSupportCY170Pct
Public Support PY1700.99320PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind
Public Support Total509$0PublicSupportTotal509Amt
Public Support CY5090PublicSupportCY509Pct
Investment Income CY0InvestmentIncomeCYPct

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990EZ, Part I, Line 16MERCHANT FEES 302.
Form 990EZ, Part I, Line 16BUSINESS FEES AND PERMITS 103.
Form 990EZ, Part I, Line 16FUNDRAISING COSTS 953.

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