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Nonprofiteer
← NATIONAL PROPANE GAS FOUNDATION

Form 990 for tax year 2025

Filed by NATIONAL PROPANE GAS FOUNDATION.

Totals

Total revenue
$505,867
Total expenses
$182,779
Contributions and grants received
$145,602
Grants paid
$171,500
Program service revenue
$0
Investment income
$356,717
Other revenue
$3,548
Total assets, end of year
$5,703,529
Total liabilities, end of year
$102,800
Net assets or fund balances, end of year
$5,600,729
Program services expenses (Part IX)
$171,500
Management and general expenses
$11,279
Fundraising expenses
$0
Program service expenses (Part III)
$171,500

Program services were 93.8% 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.

  • 1c · Fundraising events

    $88,750

  • 1f · All other contributions, gifts and grants

    $56,852

  • 3 · Investment income

    total $210,173 · excluded $210,173

  • 7a · Gross sales of assets other than inventory

    securities $1,144,693

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

    securities $998,149

  • 7c · Gain or loss

    securities $146,544

  • 7d · Net gain or loss

    total $146,544 · excluded $146,544

  • 8a · Fundraising events: gross income

    $47,930

  • 8a · Fundraising events: contributions included on line 1c

    $88,750

  • 8b · Fundraising events: direct expenses

    $44,382

  • 8c · Net income from fundraising events

    total $3,548 · excluded $3,548

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $171,500 · program services $171,500

  • 11f · Fees: investment management

    total $11,279 · management and general $11,279

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $111,074 · end of year $119,440

  • 2 · Savings and temporary cash investments

    beginning of year $72,473 · end of year $76,523

  • 4 · Accounts receivable

    beginning of year $13,320 · end of year $14,480

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,699 · end of year $2,362

  • 11 · Investments: publicly traded securities

    beginning of year $4,713,004 · end of year $5,490,724

  • 17 · Accounts payable and accrued expenses

    beginning of year $470 · end of year $240

  • 19 · Deferred revenue

    beginning of year $107,330 · end of year $102,560

  • 27 · Net assets without donor restrictions

    beginning of year $848,111 · end of year $980,831

  • 28 · Net assets with donor restrictions

    beginning of year $3,957,659 · end of year $4,619,898

Mission and programs · 2025

Mission

To foster, sponsor, support and promote endeavors in the public interest relating to the fields of scientific research and education.

Activities or mission (Part I)

Education and Research - See Part III and Schedule O

  • Educational program activities center around procuring contributions and raising money to promote and award scholarships. In FY2026, there were 116 awardees totaling $171,500 in scholarship awards.

    Expenses $171,500 · Grants $171,500

As filed on the 2025 return.

Listed in Part VII

  • Rosie Buschar

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Lisa Gerwitz

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Jackson

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Raymond Murray III

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Ed Varney

    Trustee

    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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
9 September 2026
IRS schema version
2025v4.2
Source object
202632539349300838

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