Frank M Tait Foundation

Oakwood, OH
Tax-exempt since Nov. 1957
EIN: 31-6037499

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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.

Donations to this organization are tax deductible.

Revenue

$565k (2024)

Expenses

$492k (2024)

Total Assets

$9.31M (2024)

Total Liabilities

$8.57k (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

$564,661

Expenses

$492,096

Net Income

$72,565

Net Assets

$9,305,241

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$8	0.0%
Dividends	$301,803	53.4%
Sales of Assets	$262,850	46.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$440,766	89.6%
Compensation of Officers*	$53,500	10.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,313,813
Total Liabilities	$8,572
Net Assets	$9,305,241

Compensation

Key Employees and Officers	Compensation	Other
Lindsay Maxam (Executive Director)	$53,500	$0
James M Woodhull Ii (Chairman)	$0	$0
Thomas Breitenbach (Trustee)	$0	$0
Allen M Hill (Trustee)	$0	$0
R Daniel Sadlier (Trustee)	$0	$0
Jonathan Hollingsworth (Trustee)	$0	$0
Cassie B Barlow (Trustee)	$0	$0
Christopher Prokes (Trustee)	$0	$0
Bonnie Baker Tattershall (Trustee)	$0	$0

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990-PF

Filed on April 17, 2025

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

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Fiscal Year Ending Dec.
2023

Revenue

$250,482

Expenses

$421,458

Net Income

-$170,976

Net Assets

$8,717,273

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$34	0.0%
Dividends	$240,188	95.9%
Sales of Assets	$10,260	4.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$374,755	88.9%
Compensation of Officers*	$53,500	12.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,721,731
Total Liabilities	$4,458
Net Assets	$8,717,273

Compensation

Key Employees and Officers	Compensation	Other
Lindsay Maxam (Executive Director)	$53,500	$0
James M Woodhull Ii (Chairman)	$0	$0
Thomas Breitenbach (Trustee)	$0	$0
Allen M Hill (Trustee)	$0	$0
R Daniel Sadlier (Trustee)	$0	$0
Jonathan Hollingsworth (Trustee)	$0	$0
Cassie B Barlow (Trustee)	$0	$0
Christopher Prokes (Trustee)	$0	$0

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990-PF

Filed on April 1, 2024

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

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PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 3) PDF (3 of 3)

Fiscal Year Ending Dec.
2022

Revenue

$2,779,762

Expenses

$462,087

Net Income

$2,317,675

Net Assets

$7,994,587

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$59	0.0%
Dividends	$238,127	8.6%
Sales of Assets	$2,541,576	91.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$370,894	80.3%
Compensation of Officers*	$52,625	11.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,030,866
Total Liabilities	$36,279
Net Assets	$7,994,587

Compensation

Key Employees and Officers	Compensation	Other
Lindsay Maxam (Executive Director)	$52,625	$0
James M Woodhull Ii (Chairman)	$0	$0
Thomas Breitenbach (Trustee)	$0	$0
Allen M Hill (Trustee)	$0	$0
R Daniel Sadlier (Trustee)	$0	$0
Jonathan Hollingsworth (Trustee)	$0	$0
Cassie B Barlow (Trustee)	$0	$0
Christopher Prokes (Trustee)	$0	$0

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990-PF

Filed on April 19, 2023

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

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

$492,233

Expenses

$495,266

Net Income

-$3,033

Net Assets

$9,985,712

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$14	0.0%
Dividends	$253,479	51.5%
Sales of Assets	$238,740	48.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$433,208	87.5%
Compensation of Officers*	$50,000	10.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,993,146
Total Liabilities	$7,434
Net Assets	$9,985,712

Compensation

Key Employees and Officers	Compensation	Other
Lindsay Maxam (Executive Director)	$50,000	$0
James M Woodhull Ii (Chairman)	$0	$0
Thomas Breitenbach (Trustee)	$0	$0
Allen M Hill (Trustee)	$0	$0
R Daniel Sadlier (Trustee)	$0	$0
Jonathan Hollingsworth (Trustee)	$0	$0
Cassie B Barlow (Trustee)	$0	$0

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990-PF

Filed on March 24, 2022

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

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2020

Revenue

$179,123

Expenses

$451,208

Net Income

-$272,085

Net Assets

$6,824,151

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$67	0.0%
Dividends	$250,520	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$397,996	88.2%
Compensation of Officers*	$50,537	11.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,828,783
Total Liabilities	$4,632
Net Assets	$6,824,151

Compensation

Key Employees and Officers	Compensation	Other
Jennifer A Roer (Executive Director)	$40,054	$0
Lindsay Maxam (Executive Director)	$10,417	$0
James M Woodhull Ii (Chairman)	$0	$0
Thomas Breitenbach (Trustee)	$0	$0
Allen M Hill (Trustee)	$0	$0
R Daniel Sadlier (Trustee)	$0	$0
Irvin Bieser Jr (Trustee)	$0	$0
Cassie B Barlow (Trustee)	$0	$0

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990-PF

Filed on April 26, 2021

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

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2019

Revenue

$277,285

Expenses

$474,374

Net Income

-$197,089

Net Assets

$7,100,135

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$411	0.1%
Dividends	$249,462	90.0%
Sales of Assets	$27,412	9.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$422,731	89.1%
Compensation of Officers*	$49,200	10.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,104,516
Total Liabilities	$4,381
Net Assets	$7,100,135

Compensation

Key Employees and Officers	Compensation	Other
Jennifer A Roer (Executive Director)	$49,200	$0
Irvin G Bieser Jr (Chairman)	$0	$0
Thomas Breitenbach (Trustee)	$0	$0
Allen M Hill (Trustee)	$0	$0
R Daniel Sadlier (Trustee)	$0	$0
James M Woodhull Ii (Trustee)	$0	$0
Cassie B Barlow (Trustee)	$0	$0

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990-PF

Filed on April 14, 2020

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

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PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2018

Revenue

$227,737

Expenses

$463,091

Net Income

-$235,354

Net Assets

$7,298,214

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$184	0.1%
Dividends	$247,467	> 100%
Sales of Assets	-$19,914
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$412,189	89.0%
Compensation of Officers*	$48,000	10.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,302,214
Total Liabilities	$4,000
Net Assets	$7,298,214

Compensation

Key Employees and Officers	Compensation	Other
Jennifer A Roer (Executive Director)	$48,000	$0
Irvin G Bieser Jr (Chairman)	$0	$0
Thomas Breitenbach (Trustee)	$0	$0
Allen M Hill (Trustee)	$0	$0
R Daniel Sadlier (Trustee)	$0	$0
James M Woodhull Ii (Trustee)	$0	$0

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990-PF

Filed on April 25, 2019

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

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2017

Revenue

$1,086,721

Expenses

$438,457

Net Income

$648,264

Net Assets

$7,533,129

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$389	0.0%
Dividends	$255,396	23.5%
Sales of Assets	$830,936	76.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$401,996	91.7%
Compensation of Officers*	$47,004	10.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,559,947
Total Liabilities	$26,818
Net Assets	$7,533,129

Compensation

Key Employees and Officers	Compensation	Other
Jennifer A Roer (Executive Director)	$47,004	$0
Irvin G Bieser Jr (Chairman)	$0	$0
Thomas Breitenbach (Trustee)	$0	$0
Allen M Hill (Trustee)	$0	$0
R Daniel Sadlier (Trustee)	$0	$0
James M Woodhull Ii (Trustee)	$0	$0

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990-PF

Filed on April 26, 2018

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

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2016

Revenue

$318,708

Expenses

$420,079

Net Income

-$101,371

Net Assets

$6,869,592

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$16	0.0%
Dividends	$307,705	96.5%
Sales of Assets	$10,987	3.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$375,849	89.5%
Compensation of Officers*	$46,008	11.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,873,426
Total Liabilities	$3,834
Net Assets	$6,869,592

Compensation

Key Employees and Officers	Compensation	Other
Jennifer A Roer (Executive Director)	$46,008	$0
Irvin G Bieser Jr (Chairman)	$0	$0
Thomas Breitenbach (Trustee)	$0	$0
Allen M Hill (Trustee)	$0	$0
R Daniel Sadlier (Trustee)	$0	$0
James M Woodhull Ii (Trustee)	$0	$0

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990-PF

Filed on May 9, 2017

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

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2015

Revenue

$180,364

Expenses

$417,925

Net Income

-$237,561

Net Assets

$6,958,594

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$64	0.0%
Dividends	$315,336	> 100%
Sales of Assets	-$135,036
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$375,966	90.0%
Compensation of Officers*	$46,008	11.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,962,428
Total Liabilities	$3,834
Net Assets	$6,958,594

Compensation

Key Employees and Officers	Compensation	Other
Jennifer A Roer (Executive Director)	$46,008	$0
Irvin G Bieser Jr (Chair)	$0	$0
Thomas Breitenbach (Trustee)	$0	$0
Allen M Hill (Secretary/Treasurer)	$0	$0
R Daniel Sadlier (Trustee)	$0	$0
James M Woodhull Ii (Trustee)	$0	$0

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990-PF

Filed on May 12, 2016

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

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2014

Revenue

$538,854

Expenses

$435,697

Net Income

$103,157

Net Assets

$7,221,336

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$122	0.0%
Dividends	$356,026	66.1%
Sales of Assets	$182,706	33.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$393,367	90.3%
Compensation of Officers*	$43,008	9.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,364,903
Total Liabilities	$143,567
Net Assets	$7,221,336

Compensation

Key Employees and Officers	Compensation	Other
Jennifer A Roer (Executive Director)	$43,008	$0
Irvin G Bieser Jr (Chair)	$0	$0
Thomas Breitenbach (Trustee)	$0	$0
Allen M Hill (Secretary/Treasurer)	$0	$0
R Daniel Sadlier (Trustee)	$0	$0
James M Woodhull Ii (Trustee)	$0	$0

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990-PF

Filed on May 13, 2015

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

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2013

Revenue

$481,975

Expenses

$416,762

Net Income

$65,213

Net Assets

$7,063,852

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$110	0.0%
Dividends	$325,787	67.6%
Sales of Assets	$156,078	32.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$376,714	90.4%
Compensation of Officers*	$40,008	9.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,069,350
Total Liabilities	$5,498
Net Assets	$7,063,852

Compensation

Key Employees and Officers	Compensation	Other
Jennifer A Roer (Executive Director)	$40,008	$0
Irvin G Bieser Jr (Chair)	$0	$0
Thomas Breitenbach (Trustee)	$0	$0
Allen M Hill (Secretary/Treasurer)	$0	$0
R Daniel Sadlier (Trustee)	$0	$0
James M Woodhull Ii (Trustee)	$0	$0

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990-PF

Filed on May 13, 2014

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

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2012

Revenue

$325,431

Expenses

$365,191

Net Income

-$39,760

Net Assets

$7,040,734

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$208,089	63.9%
Dividends	$134,418	41.3%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$352,255	96.5%
Compensation of Officers*	$39,173	10.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,044,068
Total Liabilities	$3,334
Net Assets	$7,040,734

990-PF

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

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2011

Revenue

$987,465

Expenses

$410,581

Net Income

$576,884

Net Assets

$7,102,209

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$193,069	19.6%
Dividends	$109,420	11.1%
Sales of Assets	$684,976	69.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$346,398	84.4%
Compensation of Officers*	$37,206	9.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$7,137,169
Total Liabilities	$34,960
Net Assets	$7,102,209

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Frank M Tait Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $565k (2024)

Expenses $492k (2024)

Total Assets $9.31M (2024)

Total Liabilities $8.57k (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

990-T

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Revenue

$565k (2024)

Expenses

$492k (2024)

Total Assets

$9.31M (2024)

Total Liabilities

$8.57k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
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

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001