The Kearns Prize Inc

Private foundation Middleburg, VA EIN: 83-2311802

The Kearns Prize Inc is a private foundation focused on Education, based in Middleburg, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $166K in total assets. In 2024, it made $131K in qualifying distributions. Net investment income was $10K.

Key facts about The Kearns Prize Inc

EIN
83-2311802
Latest 990 filing
Form 990-PF, 2024
Total assets
$166,432

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$166K

-42.1% YoY

Revenue

$10K

-44.5% YoY

Qualifying Distributions

$131K

-5.3% YoY

Expenses

$131K

-5.3% YoY

Under IRS private-foundation payout rules, The Kearns Prize Inc reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$166,432$287,689$408,496
Revenue$9,676$17,421$14,792
Expenses$130,937$138,230$96,646
Qualifying Distributions$130,937$138,230—
Net Investment Income$9,679$17,423$4,792
Distributable Amount$11,266$17,367—

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Kearns Prize Inc is led by Bill Hansen, Chairman since 2023 (on filings since 2020); none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Bill Hansen

    Chairman

    Chariman → Chairman, 2023

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Andrew Kearns

    Board Member

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Bart Epstein

    Board Member

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Becky Campoverde

    Board Member

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Bob Pianta

    Treasurer

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Craig Pattee

    Secretary

    On filings since 2020

    0.8 hrs/week

    No compensation reported

  • Phyllis Lockett

    Board Member

    On filings since 2023

    0.1 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Kearns Prize Inc

How large is The Kearns Prize Inc?

The Kearns Prize Inc reported $166K in total assets on its 2024 IRS Form 990-PF. It paid out $131K in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets).

What is The Kearns Prize Inc?

The Kearns Prize Inc is a private foundation focused on Education, based in Middleburg, VA. It holds $166K in total assets as of 2024.

What is The Kearns Prize Inc's EIN?

The Kearns Prize Inc's EIN (Employer Identification Number) is 83-2311802. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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