Michael And Karen Schley Foundation

Michael And Karen Schley Foundation is a charitable organization in Raleigh, North Carolina. Its tax id (EIN) is 47-5393391. It was granted tax-exempt status by IRS in January, 2016. For detailed information such as income and other financial data of Michael And Karen Schley Foundation, refer to the following table.


Profile of Michael And Karen Schley Foundation

Organization Name Michael And Karen Schley Foundation
Tax Id (EIN)47-5393391
Address Po Box 27443, Raleigh, NC 27611-7443
In Care of Name Michael Kent Schley
All tax-exempt organizations in zip code 27611
Tax PeriodAssetIncomeRevenue
December, 2015$503$2,500$0
December, 2016$405$1,500$0
December, 2017$966,285$1,043,965$0
December, 2018$2,672,002$2,088,575$0
December, 2019$2,544,202$1,314,973$0
December, 2020$2,311,136$1,310,650$0
December, 2021$2,296,659$499,903$0
December, 2022$2,196,005$1,438,035$0
December, 2023$6,039,148$8,113,194$0
IRS Exempt Status Ruling Date January, 2016
Exempt Status Unconditional Exemption
Deductibility Contributions are deductible
Tax Exempt Classification Philanthropy, Voluntarism and Grantmaking Foundations
Tax Exempt Activity Private Grantmaking Foundations
NTEE CodeT20
Foundation Type Private non-operating foundation
Organization Type Corporation
Organization Classification Charitable Organization
Affiliation Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Primary Return(s) Required to File 990 - Not required to file (all other)
Private Foundation Filing Requirement Need to file 990-PF return
Asset Range Reported on Form 990$5,000,000 to 9,999,999
Income Range Reported on Form 990$5,000,000 to 9,999,999
Accounting Period 12