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Nonprofit · EIN 26-3541160

RAM FOUNDATION

Tax-exempt · PARIS, TX 75461

Financials

$7M$3.2M2023$8.9M$3M2024
Revenue Expenses · by fiscal year end
Financials of RAM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$8,920,345$2,978,021$5,942,324$36,909,940$3,403$36,906,537
December 31, 2023990-PF$6,964,968$3,176,370$3,788,598$30,967,616$3,403$30,964,213
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$584,338
Interest
$184,246
Net gain from sales of assets
$2,519,690
Other income
$5,632,071

Expenses

Grants and similar amounts paid
$2,208,044
Compensation of officers, directors and key employees
$147,835
Salaries, compensation and benefits (total)
$47,757
Disbursements for charitable purposes
$2,414,252
Excise tax on investment income
$114,528

Balance sheet and other

Total assets, start of year
$30,967,616
Total assets, end of year
$36,909,940
Total liabilities, end of year
$3,403
Net assets, end of year
$36,906,537
Fair market value of assets
$53,511,081
Qualifying distributions
$2,414,252
Net investment income
$8,775,987

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOHN R ELLIOTT
7143 HILL FOREST DRIVE, DALLAS, TX 75230
Vice President2$15,000
F ANDREW FASKEN
4095 SUNSET, PARIS, TX 75462
Vice President10$7,500
HELEN FASKEN
7333 CR 42500, PARIS, TX 75462
Chairman2$7,500
MONICA CLEMENT
2620 OAK LANE, PARIS, TX 75462
Secretary2$7,500
ALEX KOZEL
3110 FM 195, PARIS, TX 75462
Treasurer2$7,500
DEDE FASKEN
PO BOX 159, PIERRE, SD 57501
Director0$2,500
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
DEDE FASKEN
7463 CR 42500, PARIS, TX 75462
Executive Dir.40$180,750$3,000
JOHN R ELLIOTT
7143 HILL FOREST DRIVE, DALLAS, TX 75230
Vice President2$15,000–
F ANDREW FASKEN
4095 SUNSET, PARIS, TX 75462
President10$7,500–
HELEN FASKEN
7333 CR 42500, PARIS, TX 75462
Director2$7,500–
MONICA CLEMENT
2620 OAK LANE, PARIS, TX 75462
Director2$7,500–
ALEX KOZEL
3110 FM 195, PARIS, TX 75462
Director2$7,500–
ANDREW C ELLIOTT
PO BOX 1026, PIERRE, SD 57501
Director2$0–

Address and contacts

Address (IRS master file)
PO BOX 1339, PARIS, TX 75461-1339
Signed the 990-PF
MANDEEP - CHATHA HOMER, Executive Director
Phone
(817) 404-2429
Return prepared by
McClanahan and Holmes LLP 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 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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
26-3541160
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
2009
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$36,909,940
Income (IRS master file)
$17,276,166

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$8,920,345$2,978,021$36,909,940XML
990-TDecember 2024–––IRS
990-PFDecember 2023$6,964,968$3,176,370$30,967,616XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––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 RAM FOUNDATION

What is the EIN of RAM FOUNDATION?
The employer identification number (EIN) of RAM FOUNDATION is 26-3541160.
Is RAM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to RAM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RAM FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of RAM FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RAM FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of RAM FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 6 people; 6 received compensation from the organization, the highest $15,000 (JOHN R ELLIOTT, Vice President).
How much revenue does RAM FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $8,920,345, expenses of $2,978,021 and total assets of $36,909,940 at year end.

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