Nonprofit · EIN 23-7237919
EUGENE MCDERMOTT FOUNDATION
Tax-exempt · DALLAS, TX 75208
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990-PF | $21,345,393 | $56,627,094 | -$35,281,701 | $130,982,643 | $0 | $130,982,643 |
Financial details: 990-PF for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $27,287
- Dividends
- $6,341,491
- Net gain from sales of assets
- $14,914,325
- Other income
- $62,290
Expenses
- Grants and similar amounts paid
- $55,464,000
- Compensation of officers, directors and key employees
- $34,000
- Disbursements for charitable purposes
- $55,559,509
- Excise tax on investment income
- $285,554
Balance sheet and other
- Total assets, start of year
- $165,197,833
- Total assets, end of year
- $130,982,643
- Total liabilities, end of year
- $0
- Net assets, end of year
- $130,982,643
- Fair market value of assets
- $204,713,403
- Qualifying distributions
- $55,559,509
- Net investment income
- $21,286,974
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Patricia Brown 4303 Glenleigh Drive, Dallas, TX 75220 | Assistant Sec | 20 | $34,000 |
| Mary McDermott Cook 1942 Malone Cliff View, Dallas, TX 75208 | Pres Trustee | 10 | $0 |
| J H Cullum Clark 53443 Waneta, Dallas, TX 75209 | Trustee | 1 | $0 |
| Sam Self 6918 Oak Manor Drive, Dallas, TX 75230 | Trustee | 1 | $0 |
| Liza Lee 3740 Holland Avenue D, Dallas, TX 75219 | Trustee | 1 | $0 |
| Joe Hubach 4311 W Lawther, Dallas, TX 75214 | Trustee | 1 | $0 |
| Grace Cook 1503 Corto, Dallas, TX 752183208 | Trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1937 MALONE CLIFF VW, DALLAS, TX 75208-1730
- In care of
- % MARY MCDERMOTT COOK
- Signed the 990-PF
- MARY MCDERMOTT COOK, Pres Trustee
- Phone
- (214) 369-9222
- Return prepared by
- Owen E Barnett CPA
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990-PF on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990-PF on file |
IRS record
- EIN
- 23-7237919
- 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
- 1972
- Accounting year ends
- August
- Files
- Form 990-PF
- Assets (IRS master file)
- $130,982,643
- Income (IRS master file)
- $77,894,741
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | August 2025 | – | – | – | IRS |
| 990-PF | August 2024 | – | – | – | IRS |
| 990-PF | August 2023 | $12,213,061 | $21,859,397 | $210,882,052 | IRS |
| 990-PF | August 2022 | – | – | – | IRS |
| 990-PF | August 2021 | – | – | – | IRS |
| 990-PF | August 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about EUGENE MCDERMOTT FOUNDATION
- What is the EIN of EUGENE MCDERMOTT FOUNDATION?
- The employer identification number (EIN) of EUGENE MCDERMOTT FOUNDATION is 23-7237919.
- Is EUGENE MCDERMOTT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to EUGENE MCDERMOTT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does EUGENE MCDERMOTT FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of EUGENE MCDERMOTT FOUNDATION due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EUGENE MCDERMOTT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended August 2025.
- Who are the officers and directors of EUGENE MCDERMOTT FOUNDATION?
- The 990-PF for the year ended August 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $34,000 (Patricia Brown, Assistant Sec).
- How much revenue does EUGENE MCDERMOTT FOUNDATION have?
- On its 990-PF for the year ended August 31, 2025 it reported revenue of $21,345,393, expenses of $56,627,094 and total assets of $130,982,643 at year end.
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