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Nonprofiteer
← NATIONAL CHARITABLE FUND INC

Form 990 for tax year 2024

Filed by NATIONAL CHARITABLE FUND INC.

Totals

Total revenue
$1,086,430
Total expenses
$1,168,666
Contributions and grants received
$119,453
Grants paid
$666,902
Program service revenue
$0
Investment income
$966,977
Other revenue
$0
Total assets, end of year
$17,863,810
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$17,863,810
Program services expenses (Part IX)
$949,683
Management and general expenses
$218,983
Fundraising expenses
$0
Program service expenses (Part III)
$949,683

Program services were 81.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $119,453

  • 3 · Investment income

    total $478,487 · excluded $478,487

  • 7a · Gross sales of assets other than inventory

    securities $29,973,222

  • 7b · Less cost or other basis and sales expenses

    securities $29,484,732

  • 7c · Gain or loss

    securities $488,490

  • 7d · Net gain or loss

    total $488,490 · excluded $488,490

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $659,402 · program services $659,402

  • 3 · Grants to foreign organizations and individuals

    total $7,500 · program services $7,500

  • 11a · Fees: management

    total $84,070 · management and general $84,070

  • 11b · Fees: legal

    total $11,605 · management and general $11,605

  • 11f · Fees: investment management

    total $111,590 · management and general $111,590

  • 13 · Office expenses

    total $2,399 · management and general $2,399

  • 14 · Information technology

    total $288,766 · program services $282,781 · management and general $5,985

  • 17 · Travel

    total $3,334 · management and general $3,334

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $92,659 · end of year $118,513

  • 2 · Savings and temporary cash investments

    beginning of year $668,096 · end of year $1,732,133

  • 10a · Land, buildings and equipment: cost or other basis

    $7,626

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,592

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $5,034

  • 11 · Investments: publicly traded securities

    beginning of year $15,625,341 · end of year $15,258,080

  • 12 · Investments: other securities

    beginning of year $550,000 · end of year $750,000

  • 14 · Intangible assets

    beginning of year $5,284

  • 15 · Other assets

    beginning of year $6,583 · end of year $50

  • 27 · Net assets without donor restrictions

    beginning of year $16,947,963 · end of year $17,863,810

Mission and programs · 2024

Mission

NATIONAL CHARITABLE FUND, INC. ASSISTS CLIENTS IN MAKING A MEANINGFUL IMPACT ON IMPORTANT CAUSES BY FACILITATING THE DISTRIBUTION OF CHARITABLE DONATIONS TO OTHER NON-PROFIT ORGANIZATIONS.

  • NATIONAL CHARITABLE FUND, INC WAS CREATED TO HELP CLIENTS MAKE GRANTS TO 501(C)(3) ORGANIZATIONS FROM FIELD OF INTEREST AND/OR DONOR ADVISED FUNDS, WHICH ALLOWS DONORS TO MAKE RECOMMENDATIONS REGARDING GRANTS FROM THE FUNDS TO CHARITALE ORGANIZATIONS. THESE GRANTS HELP NUMEROUS CHARITABLE ORGANIZATIONS WITH BOTH THEIR OPERATING COSTS AND/OR SPECIAL PROJECTS. EXPENSES ASSOCIATED WITH THE FUND ARE TO ASSIST IN THE ADMINISTRATION AND OVERSIGHT TO SUPPORT THE GRANT MAKING ACTIVITIES.

    Expenses $949,683 · Grants $666,902

As filed on the 2024 return.

Listed in Part VII

  • Donald E Brown

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Stacy Sullivan

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Susan Brown

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
30 January 2026
IRS schema version
2024v5.5
Source object
202620339349301107

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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