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CALKINS FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
CALKINS FOUNDATION (EIN 46-1493389)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-04-03
IRS object ID
202600939349101100
Schema version
2025v4.1
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)
Return2026-04-03T08:15:57-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13333 New Hyde Park Rd Ste 406AddressLine1Txt
CityNew Hyde ParkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11042ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461493389EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Calkins FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% Foundation SourceInCareOfNm
Business Name ControlCALKBusinessNameControlTxt
Phone8008391754PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Foundation Source 501 Silverside RdAddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJoseph CalkinsPersonNm
Person TitlePresidentPersonTitleTxt
Phone8008391754PhoneNum
Signature2026-03-27SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJeffrey D HaskellPreparerPersonNm
PTINP01345770PTIN
Phone8008391754PhoneNum
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$2,383,765FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$3,730InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3,730InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$54,406DividendsRevAndExpnssAmt
Dividends Net Invst Incm$54,406DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$116,446NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$611,395GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$116,446CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$174,582TotalRevAndExpnssAmt
Total Net Invst Incm$174,582TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Other Prof Fees Rev And Expnss$12,552OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$12,552OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$3,798TaxesRevAndExpnssAmt
Taxes Net Invst Incm$98TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$16,545OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$16,545OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$32,895TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$12,650TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$16,545TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$310,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$310,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$342,895TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$12,650TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$326,545TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$168,313ExcessRevenueOverExpensesAmt
Net Investment Income$161,932NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$130,188SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$157,312SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$157,312SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,731,823CorporateStockBOYAmt
Corporate Stock EOY$1,536,386CorporateStockEOYAmt
Corporate Stock EOYFMV$2,226,453CorporateStockEOYFMVAmt
Total Assets BOY$1,862,011TotalAssetsBOYAmt
Total Assets EOY$1,693,698TotalAssetsEOYAmt
Total Assets EOYFMV$2,383,765TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$1,862,011RetainedEarningBOYAmt
Retained Earning EOY$1,693,698RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,862,011TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$1,693,698TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,862,011TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,693,698TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,862,011TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$168,313ExcessRevenueOverExpensesAmt
Subtotal$1,693,698SubtotalAmt
Tot Net Ast Or Fund Balances EOY$1,693,698TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyPublicly-traded SecuritiesPropertyDesc
Gross Sales Price$611,395GrossSalesPriceAmt
Cost Or Other Basis$494,949CostOrOtherBasisAmt
Gain Or Loss$116,446GainOrLossAmt
Gains Minus Excess Or Losses$116,446GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$116,446CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,251InvestmentIncomeExciseTaxAmt
Subtotal$2,251SubtotalAmt
Tax Based On Investment Income$2,251TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$1,980EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$1,980TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Tax Due$271TaxDueAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateVAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Foundation SourceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8008391754PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1501 Silverside Road Suite 123AddressLine1Txt
CityWilmingtonCityNm
State AbbreviationDEStateAbbreviationCd
ZIP198091377ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Joseph M Calkins
Foundation Source 501 Silverside RdWilmingtonDE198091377Pres, Sec, Dir1.0$0$0$0
Kara A Calkins
Foundation Source 501 Silverside RdWilmingtonDE198091377Dir, Treas, VP1.0$0$0$0
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$2,192,822AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$162,884AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,355,706TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$2,355,706AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$35,336CashDeemedCharitableAmt
Net Vl Noncharitable Assets$2,320,370NetVlNoncharitableAssetsAmt
Minimum Investment Return$116,019MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$116,019MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,251TaxBasedOnInvestmentIncomeAmt
Total Tax$2,251TotalTaxAmt
Distributable Before Adj$113,768DistributableBeforeAdjAmt
Distributable Before Ded$113,768DistributableBeforeDedAmt
Distributable As Adjusted$113,768DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$326,545ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$326,545QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$113,768DistributableAsAdjustedAmt
Prior Year12023PriorYear1Yr
Prior Year22022PriorYear2Yr
Prior Year32021PriorYear3Yr
Excess Distribution Cyov Yr4$61,014ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$30,365ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1$325,971ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$417,350TotalExcessDistributionCyovAmt
Qualifying Distributions$326,545QualifyingDistributionsAmt
Applied To Current Year$113,768AppliedToCurrentYearAmt
Remaining Distri From Corpus$212,777RemainingDistriFromCorpusAmt
Total Corpus$630,127TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$630,127ExcessDistriCyovToNextYrAmt
Excess From Year4$61,014ExcessFromYear4Amt
Excess From Year3$30,365ExcessFromYear3Amt
Excess From Year1$325,971ExcessFromYear1Amt
Excess From Current Year$212,777ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CARE NET RESOURCE PREGNANCY CENTERS INC
11101 WARWICK BLVDNEWPORT NEWSVA23601N/APCGeneral & Unrestricted$25,000
FAMILY FOUNDATION
707 E FRANKLIN STRICHMONDVA23219N/APCGeneral & Unrestricted$252,000
OYSTER POINT ROTARY FOUNDATION
PO BOX 12145NEWPORT NEWSVA23612N/APCGeneral & Unrestricted$5,000
SEND INTERNATIONAL OF THE UNITED STATES INC
PO BOX 773126DETROITMI48277N/APCGeneral & Unrestricted$18,000
THE CIRCE INSTITUTE INC
6125 LUMBER LNKANNAPOLISNC28083N/APCGeneral & Unrestricted$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$310,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,730ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$54,406ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$116,446ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$174,582ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$174,582TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (30 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ADVANCED MICRO DEVICES INC$30,829$50,970
ALPHABET INC CL A$11,898$56,966
AMERICAN CENTURY QUALITY DIVER$73,062$101,259
APPLE INC$8,511$40,779
BROADCOM INC$3,263$40,494
CAMBRIA ETF TR SHAREHOLDER YIE$49,007$56,937
CAMBRIA FOREIGN SHAREHOLDER YI$36,398$47,955
DOUBLELINE LOW DURATION BOND F$43,803$44,632
ELI LILLY & CO$31,296$40,838
FEDERATED HERMES MDT SMALL CAP$7,413$7,322
FIRST TR VALUE LN DV$63,290$88,059
FIRST TRUST RISING DIV ACHEIVE$37,699$59,119
FRANCO NEV CORP$16,386$31,714
HARTFORD MULTIFACTOR DEVELOPED$75,095$111,110
INVESCO QQQ TRUST$30,254$143,749
ISHARES GOLD TR$56,717$119,401
JOHN HANCOCK INV GRADE BD FD C$193,442$202,088
JP MORGAN CHASE$7,288$35,766
JP MORGAN STRATEGIC INCOME OPP$66,777$66,500
JPMORGAN LIMITED DURATION BOND$42,029$43,389
JPMORGAN US QUALITY FACTOR ETF$82,279$89,589
META PLATFORMS INC$8,116$29,044
MICROSOFT CORP$6,644$34,821
PERFORMANCE TRUST TOTAL RETURN$76,966$79,000
SUN MICROSYSTEMS, INC.$58,693$81,689
VANGUARD DIVIDEND APPRECIATION$58,764$114,505
VANGUARD HEALTHCARE INDEX FND$27,994$50,049
VANGUARD SHORT-TERM FEDERAL FD$179,561$178,601
VANGUARD SHORT-TERM INFLATION-$140,690$144,029
WHEATON PRECIOUS METALS CORP$12,222$36,079

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Fees$16,514$16,514
Postage/Delivery Service$31$31

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management ServicesCategoryTxt
Amt$12,552Amt
Net Investment Income$12,552NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
990-PF Estimated Tax for 2025$1,900
990-PF Extension for 2024$1,800
Foreign Tax Paid$98$98

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