IVY PHILANTHROPIC FOUNDATION: Form 990EZ, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- IVY PHILANTHROPIC FOUNDATION (EIN 90-1034198)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202523219349210167
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T16:28:38-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 814947691 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Anthony Martin CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6820 La Tijera Blvd Ste 202-A | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90045 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 901034198 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Ivy Philanthropic Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Gussie W Powe | InCareOfNm |
| Business Name Control | IVYP | BusinessNameControlTxt |
| Phone | 3235333072 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 255 | AddressLine1Txt |
| City | Inglewood | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90306 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GUSSIE W POWE | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 3235333072 | PhoneNum |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANTHONY MARTIN | PreparerPersonNm |
| PTIN | P00070495 | PTIN |
| Phone | 3106706180 | PhoneNum |
| Preparation | 2025-11-17 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $2,627 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Membership Dues | $1,625 | MembershipDuesAmt |
| Investment Income | $1 | InvestmentIncomeAmt |
| Fundraising Gross Income | $1,001 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $1,010 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | -$9 | SpecialEventsNetIncomeLossAmt |
| Total Revenue | $1,617 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $7,740 | GrantsAndSimilarAmountsPaidAmt |
| Fees And Other Pymt To Ind Cntrct | $500 | FeesAndOtherPymtToIndCntrctAmt |
| Printing Publications Postage | $62 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $2,149 | OtherExpensesTotalAmt |
| Total Expenses | $10,451 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$8,834 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $25,578 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $16,744 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,578 | BOYAmt |
| EOY | $16,744 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,578 | BOYAmt |
| EOY | $16,744 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,578 | BOYAmt |
| EOY | $16,744 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | Charitable and educational assistance | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Grants And AllocationsGrantsAndAllocationsAmt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|---|
| The organization awarded 2 educational scholarships in 2024. | $3,500 | $0 |
| The organization made contributions to various charitable organizations in 2024. | $3,853 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $0 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (12 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| Brenda Harrell | ||||
| President | 0.00 | $0 | $0 | $0 |
| Gussie W Powe | ||||
| Treasurer | 0.00 | $0 | $0 | $0 |
| Babette De Lay | ||||
| Vice President | 0.00 | $0 | $0 | $0 |
| Alice Grigsby | ||||
| Director | 0.00 | $0 | $0 | $0 |
| Mary Guinn | ||||
| Director | 0.00 | $0 | $0 | $0 |
| Jessie Cannon | ||||
| Director | 0.00 | $0 | $0 | $0 |
| Barbara Satterfield | ||||
| Director | 0.00 | $0 | $0 | $0 |
| Stephanie Beacham | ||||
| Financial Secretary | 0.00 | $0 | $0 | $0 |
| Dana Perryman | ||||
| Secretary | 0.00 | $0 | $0 | $0 |
| Zahari Freeman | ||||
| Director | 0.00 | $0 | $0 | $0 |
| Constance Majors | ||||
| Director | 0.00 | $0 | $0 | $0 |
| Vertia Wright | ||||
| Director | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Gussie Powe | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 255 | AddressLine1Txt |
| City | Inglewood | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90306 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3235333072 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $960 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,883 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,047 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,989 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,626 | CurrentTaxYearAmt |
| Total | $28,505 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $960 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,883 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,047 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,989 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,626 | CurrentTaxYearAmt |
| Total | $28,505 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $28,505 | PublicSupportTotal170Amt |
| Total Support | $28,505 | TotalSupportAmt |
| Public Support CY170 | 1.00000 | PublicSupportCY170Pct |
| Public Support PY170 | 1.00000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| List of grants and similar amounts paid Part I line 10 | Activity Charitable Contributions Grantee AKA - Education Advance Foundation Relationship None Amount 1,800Activity Educational Scholarships Grantee 2 students each under $5,000 Relationship None Amount 3,500Activity Charitable Contribution Grantee Childhood Hunger Program (Costco WhRelationship None Amount 2,290Activity Charitable Contributions Grantee Pasadena Four Square Church Relationship None Amount 150 |
| Description of other expenses Part I line 16 | Description AmountP. O. Box Rental 200Bond 234Web Hosting 257Registration Fee 25Bank Service Fee 40Storage Fee 1,401Refunds (8) |