Karen And Eric Dermond Foundation

Foley Michael Gehl & Lardner

Milwaukee, WI
Tax-exempt since Jan. 2005
EIN: 20-6376990

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$25.9k (2024)

Expenses

$22.4k (2024)

Total Assets

$577k (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$25,923

Expenses

$22,422

Net Income

$3,501

Net Assets

$576,693

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$17,568	67.8%
Sales of Assets	$8,354	32.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$17,874	79.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$576,693
Total Liabilities	$0
Net Assets	$576,693

Compensation

Key Employees and Officers	Compensation	Other
Eric A Dermond (Trustee)	$0	$0

990-PF

Filed on May 7, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2023

Revenue

$23,620

Expenses

$72,821

Net Income

-$49,201

Net Assets

$573,192

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$15,577	65.9%
Sales of Assets	$8,042	34.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$67,787	93.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$573,192
Total Liabilities	$0
Net Assets	$573,192

Compensation

Key Employees and Officers	Compensation	Other
Eric A Dermond (Trustee)	$0	$0

990-PF

Filed on May 6, 2024

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2022

Revenue

$23,194

Expenses

$46,610

Net Income

-$23,416

Net Assets

$622,393

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,575	11.1%
Interest Revenue	$0
Dividends	$20,058	86.5%
Sales of Assets	$561	2.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$41,194	88.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$622,393
Total Liabilities	$0
Net Assets	$622,393

Compensation

Key Employees and Officers	Compensation	Other
Eric A Dermond (Trustee)	$0	$0

990-PF

Filed on July 6, 2023

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2021

Revenue

$62,633

Expenses

$32,363

Net Income

$30,270

Net Assets

$645,809

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$18,785	30.0%
Sales of Assets	$43,848	70.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$27,300	84.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$645,809
Total Liabilities	$0
Net Assets	$645,809

Compensation

Key Employees and Officers	Compensation	Other
Eric A Dermond (Trustee)	$0	$0

990-PF

Filed on June 23, 2022

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2020

Revenue

$22,677

Expenses

$47,597

Net Income

-$24,920

Net Assets

$615,538

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$13,214	58.3%
Sales of Assets	$9,408	41.5%
Other Income	$55	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$43,150	90.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$615,539
Total Liabilities	$1
Net Assets	$615,538

Compensation

Key Employees and Officers	Compensation	Other
Eric A Dermond (Trustee)	$0	$0

990-PF

Filed on July 27, 2021

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2019

Revenue

$25,065

Expenses

$16,845

Net Income

$8,220

Net Assets

$640,458

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$401	1.6%
Interest Revenue	$1	0.0%
Dividends	$14,265	56.9%
Sales of Assets	$10,275	41.0%
Other Income	$123	0.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$12,000	71.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$640,459
Total Liabilities	$1
Net Assets	$640,458

Compensation

Key Employees and Officers	Compensation	Other
Eric A Dermond (Trustee)	$0	$0

990-PF

Filed on Nov. 3, 2020

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2018

Revenue

$34,684

Expenses

$30,012

Net Income

$4,672

Net Assets

$632,239

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$13,942	40.2%
Sales of Assets	$20,620	59.5%
Other Income	$121	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,500	85.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$632,239
Total Liabilities	$0
Net Assets	$632,239

Compensation

Key Employees and Officers	Compensation	Other
Eric A Dermond (Trustee)	$0	$0

990-PF

Filed on Sept. 24, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$69,131

Expenses

$59,738

Net Income

$9,393

Net Assets

$627,567

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2	0.0%
Dividends	$16,218	23.5%
Sales of Assets	$52,801	76.4%
Other Income	$110	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$54,942	92.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$627,567
Total Liabilities	$0
Net Assets	$627,567

Compensation

Key Employees and Officers	Compensation	Other
Eric A Dermond (Trustee)	$0	$0

990-PF

Filed on Nov. 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$8,306

Expenses

$45,508

Net Income

-$37,202

Net Assets

$618,174

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$11,884	> 100%
Sales of Assets	-$4,944
Other Income	$1,366	16.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$37,067	81.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$618,174
Total Liabilities	$0
Net Assets	$618,174

Compensation

Key Employees and Officers	Compensation	Other
Eric A Dermond (Trustee)	$0	$0

990-PF

Filed on Nov. 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$25,640

Expenses

$46,188

Net Income

-$20,548

Net Assets

$655,376

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$12,401	48.4%
Sales of Assets	$11,155	43.5%
Other Income	$2,084	8.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$35,750	77.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$655,376
Total Liabilities	$0
Net Assets	$655,376

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$52,186

Expenses

$45,445

Net Income

$6,741

Net Assets

$675,775

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$21,178	40.6%
Sales of Assets	$31,008	59.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$32,765	72.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$675,775
Total Liabilities	$0
Net Assets	$675,775

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$21,184

Expenses

$39,896

Net Income

-$18,712

Net Assets

$669,037

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$16,822	79.4%
Sales of Assets	$4,126	19.5%
Other Income	$236	1.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$34,150	85.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$669,037
Total Liabilities	$0
Net Assets	$669,037

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$16,218

Expenses

$38,674

Net Income

-$22,456

Net Assets

$687,068

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,600	9.9%
Interest Revenue	$0
Dividends	$17,681	> 100%
Sales of Assets	$0
Other Income	$492	3.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$33,600	86.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$687,068
Total Liabilities	$0
Net Assets	$687,068

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$18,018

Expenses

$39,540

Net Income

-$21,522

Net Assets

$709,524

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,500	8.3%
Interest Revenue	$0
Dividends	$14,494	80.4%
Sales of Assets	$2,856	15.9%
Other Income	-$832

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$35,429	89.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$709,524
Total Liabilities	$0
Net Assets	$709,524

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Karen And Eric Dermond Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $25.9k (2024)

Expenses $22.4k (2024)

Total Assets $577k (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Revenue

$25.9k (2024)

Expenses

$22.4k (2024)

Total Assets

$577k (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

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2022

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2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

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2005

Fiscal Year Ending Dec.
2004