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Nonprofit · EIN 20-2021512

RUSSELL FOUNDATION

Tax-exempt · IRVING, TX 75063

Financials

$98K$109K2023$106K$120K2024$437K$133K2025
Revenue Expenses · by fiscal year end
Financials of RUSSELL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$436,644$132,665$303,979$1,792,063$0$1,792,063
December 31, 2024990-PF$106,286$120,461-$14,175$1,488,084$0$1,488,084
December 31, 2023990-PF$97,631$108,776-$11,145$1,475,990$0$1,475,990
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$58,045
Interest
$1,257
Net gain from sales of assets
$377,342

Expenses

Grants and similar amounts paid
$116,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$116,000
Excise tax on investment income
$5,838

Balance sheet and other

Total assets, start of year
$1,488,084
Total assets, end of year
$1,792,063
Total liabilities, end of year
$0
Net assets, end of year
$1,792,063
Fair market value of assets
$2,175,055
Qualifying distributions
$116,000
Net investment income
$436,644

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
John J Flowers
2116 Aristocrat Dr, Irving, TX 750633476
CEO and President2.5$0
J Jefferson Flowers
3300 Indian Trail, Flower Mound, TX 750226800
Director0$0
Harriett T Flowers
2116 Aristocrat Dr, Irving, TX 750633476
Director0$0
Michael K Bredemeier
1657 Hobbit Rd, Dunedin, FL 346982912
Director0$0
Sarah Bredemeier Martin
2806 Crestridge Ct, Grapevine, TX 760516461
Director0$0
Richmond C Flowers
11345 7th St East, Treasure Island, FL 337063037
Director0$0
Laura R Freeman
905 Dove Creek Rd, Bartonville, TX 762261709
Director0$0
990-PF for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
John J Flowers
2116 Aristocrat Dr, Irving, TX 750633476
CEO and President2.5$0
J Jefferson Flowers
3300 Indian Trail, Flower Mound, TX 750226800
Director0$0
Harriett T Flowers
2116 Aristocrat Dr, Irving, TX 750633476
Director0$0
Michael K Bredemeier
1657 Hobbit Rd, Dunedin, FL 346982912
Director0$0
Sarah Bredemeier Martin
2806 Crestridge Ct, Grapevine, TX 760516461
Director0$0
Richmond C Flowers
11345 7th St East, Treasure Island, FL 337063037
Director0$0
Laura R Freeman
905 Dove Creek Rd, Bartonville, TX 762261709
Director0$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
John J Flowers
2116 Aristocrat Dr, Irving, TX 750633476
CEO and President2.5$0
J Jefferson Flowers
2908 Cedar Pass Ct, Flower Mound, TX 750227813
Director0$0
Harriett T Flowers
2116 Aristocrat Dr, Irving, TX 750633476
Director0$0
Michael K Bredemeier
1657 Hobbit Rd, Dunedin, FL 346982912
Director0$0
Sarah Bredemeier Martin
2806 Crestridge Ct, Grapevine, TX 760516461
Director0$0
Richmond C Flowers
11345 7th St, Treasure Island, FL 337063037
Director0$0
Laura R Freeman
905 Dove Creek Rd, Bartonville, TX 762261709
Director0$0

Address and contacts

Address (IRS master file)
2116 ARISTOCRAT DR, IRVING, TX 75063-3476
In care of
% JOHN J FLOWERS
Signed the 990-PF
John J Flowers, Chairman and President
Phone
(972) 413-8737
Return prepared by
Rebel Lea Robertson CPA PLLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-2021512
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2005
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,792,063
Income (IRS master file)
$813,626

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$436,644$132,665$1,792,063IRS
990-PFDecember 2024$106,286$120,461$1,488,084IRS
990-PFDecember 2023$97,631$108,776$1,475,990XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2021512).

Questions about RUSSELL FOUNDATION

What is the EIN of RUSSELL FOUNDATION?
The employer identification number (EIN) of RUSSELL FOUNDATION is 20-2021512.
Is RUSSELL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to RUSSELL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RUSSELL FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of RUSSELL FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RUSSELL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of RUSSELL FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does RUSSELL FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $436,644, expenses of $132,665 and total assets of $1,792,063 at year end.

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