Karen Kerasotes Kerfoot Foundation

Bayfield, CO
Tax-exempt since April 1997
EIN: 36-4082129

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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

$4.41k (2025)

Expenses

$2.47k (2025)

Total Assets

$27.1k (2025)

Total Liabilities

$0 (2025)

Years with missing data

Source: Form 990 tax filings from 2012 to 2025

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 June
2025

Revenue

$4,408

Expenses

$2,465

Net Income

$1,943

Net Assets

$27,064

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,698	61.2%
Interest Revenue	$4	0.1%
Dividends	$1,575	35.7%
Sales of Assets	$131	3.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,015	41.2%
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	$27,064
Total Liabilities	$0
Net Assets	$27,064

Compensation

Key Employees and Officers	Compensation	Other
Karen Kerasotes (President)	$0	$0
Gregory L Kerfoot (Vice President)	$0	$0
Denis J Kerasotes (Treasurer)	$0	$0

990-PF

Filed on Oct. 31, 2025

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

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2024

Revenue

$2,644

Expenses

$2,461

Net Income

$183

Net Assets

$18,702

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,395	52.8%
Interest Revenue	$7	0.3%
Dividends	$1,158	43.8%
Sales of Assets	$84	3.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,066	43.3%
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	$18,884
Total Liabilities	$182
Net Assets	$18,702

Compensation

Key Employees and Officers	Compensation	Other
Karen Kerasotes (President)	$0	$0
Gregory L Kerfoot (Vice President)	$0	$0
Denis J Kerasotes (Treasurer)	$0	$0

990-PF

Filed on Oct. 28, 2024

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

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2023

Revenue

$3,703

Expenses

$2,436

Net Income

$1,267

Net Assets

$18,519

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,426	65.5%
Interest Revenue	$4	0.1%
Dividends	$1,125	30.4%
Sales of Assets	$148	4.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,076	44.2%
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	$18,701
Total Liabilities	$182
Net Assets	$18,519

Compensation

Key Employees and Officers	Compensation	Other
Karen Kerasotes (President)	$0	$0
Gregory L Kerfoot (Vice President)	$0	$0
Denis J Kerasotes (Treasurer)	$0	$0

990-PF

Filed on Nov. 14, 2023

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2022

Revenue

$2,135

Expenses

$2,354

Net Income

-$219

Net Assets

$17,252

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,295	60.7%
Interest Revenue	$0
Dividends	$1,164	54.5%
Sales of Assets	-$324
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,006	42.7%
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	$17,252
Total Liabilities	$0
Net Assets	$17,252

Compensation

Key Employees and Officers	Compensation	Other
Karen Kerasotes (President)	$0	$0
Gregory L Kerfoot (Vice President)	$0	$0
Denis J Kerasotes (Treasurer)	$0	$0

990-PF

Filed on Nov. 14, 2022

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

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2021

Revenue

$1,717

Expenses

$2,425

Net Income

-$708

Net Assets

$17,471

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,319	76.8%
Interest Revenue	$0
Dividends	$204	11.9%
Sales of Assets	$194	11.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,032	42.6%
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	$17,506
Total Liabilities	$35
Net Assets	$17,471

Compensation

Key Employees and Officers	Compensation	Other
Karen Kerasotes (President)	$0	$0
Gregory L Kerfoot (Vice President)	$0	$0
Denis J Kerasotes (Treasurer)	$0	$0

990-PF

Filed on Nov. 15, 2021

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2020

Revenue

$3,515

Expenses

$2,500

Net Income

$1,015

Net Assets

$18,178

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,295	36.8%
Interest Revenue	$0
Dividends	$1,244	35.4%
Sales of Assets	$853	24.3%
Other Income	$123	3.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,280	51.2%
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	$18,179
Total Liabilities	$1
Net Assets	$18,178

Compensation

Key Employees and Officers	Compensation	Other
Karen Kerasotes (President)	$0	$0
Gregory L Kerfoot (Vice President)	$0	$0
Denis J Kerasotes (Treasurer)	$0	$0

990-PF

Filed on June 8, 2021

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2019

Revenue

$419

Expenses

$2,502

Net Income

-$2,083

Net Assets

$17,167

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,650	> 100%
Interest Revenue	$1	0.2%
Dividends	$1,307	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,322	52.8%
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	$17,854
Total Liabilities	$687
Net Assets	$17,167

990-PF

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

PDF

Fiscal Year Ending June
2018

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

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

PDF

Fiscal Year Ending June
2017

Revenue

$1,971

Expenses

$2,487

Net Income

-$516

Net Assets

$19,064

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,016	51.5%
Interest Revenue	$0
Dividends	$1,032	52.4%
Sales of Assets	-$77
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,477	59.4%
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	$19,064
Total Liabilities	$0
Net Assets	$19,064

Compensation

Key Employees and Officers	Compensation	Other
Karen Kerasotes (President)	$0	$0
Gregory L Kerfoot (Vice President)	$0	$0
Denis J Kerasotes (Treasurer)	$0	$0

990-PF

Filed on Feb. 10, 2018

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

View Filing

Schedules ▼

XML

Fiscal Year Ending June
2016

Revenue

-$1,146

Expenses

$2,703

Net Income

-$3,849

Net Assets

$19,586

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$895
Interest Revenue	$0
Dividends	$1,509
Sales of Assets	-$3,550
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,808	66.9%
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	$19,586
Total Liabilities	$0
Net Assets	$19,586

Compensation

Key Employees and Officers	Compensation	Other
Karen Kerasotes (President)	$0	$0
Gregory L Kerfoot (Vice President)	$0	$0
Denis J Kerasotes (Treasurer)	$0	$0

990-PF

Filed on Nov. 14, 2016

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

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending June
2015

Revenue

$4,430

Expenses

$2,811

Net Income

$1,619

Net Assets

$23,435

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$810	18.3%
Interest Revenue	$7	0.2%
Dividends	$1,225	27.7%
Sales of Assets	$1,623	36.6%
Other Income	$765	17.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,925	68.5%
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	$23,435
Total Liabilities	$0
Net Assets	$23,435

Compensation

Key Employees and Officers	Compensation	Other
Karen Kerasotes (President)	$0	$0
Gregory L Kerfoot (Vice President)	$0	$0
Denis J Kerasotes (Treasurer)	$0	$0

990-PF

Filed on Nov. 6, 2015

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

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending June
2014

Revenue

$2,062

Expenses

$2,585

Net Income

-$523

Net Assets

$21,816

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$810	39.3%
Interest Revenue	$0
Dividends	$1,333	64.6%
Sales of Assets	$294	14.3%
Other Income	-$375

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,775	68.7%
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	$21,816
Total Liabilities	$0
Net Assets	$21,816

990-PF

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

PDF

Fiscal Year Ending June
2013

Revenue

$2,688

Expenses

$2,381

Net Income

$307

Net Assets

$18,628

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$750	27.9%
Interest Revenue	$0
Dividends	$1,035	38.5%
Sales of Assets	$884	32.9%
Other Income	$19	0.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,611	67.7%
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	$18,628
Total Liabilities	$0
Net Assets	$18,628

990-PF

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

PDF

Fiscal Year Ending June
2012

Revenue

-$4,370

Expenses

$2,162

Net Income

-$6,532

Net Assets

$18,321

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$710
Interest Revenue	$0
Dividends	$853
Sales of Assets	$0
Other Income	-$464

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,452	67.2%
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	$18,321
Total Liabilities	$0
Net Assets	$18,321

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Karen Kerasotes Kerfoot Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $4.41k (2025)

Expenses $2.47k (2025)

Total Assets $27.1k (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending June 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending June 2018

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending June 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending June 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$4.41k (2025)

Expenses

$2.47k (2025)

Total Assets

$27.1k (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending June
2025

Fiscal Year Ending June
2024

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005

Fiscal Year Ending June
2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002