Nonprofit · EIN 46-0501821
LAVERNE AND THOMAS HOWELL FOUNDATION
Tax-exempt · CORP CHRISTI, TX 78401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,107,062 | $1,036,658 | $70,404 | $14,462,185 | $0 | $14,462,185 |
| December 31, 2024 | 990-PF | $1,321,005 | $928,738 | $392,267 | $14,391,781 | $0 | $14,391,781 |
| December 31, 2023 | 990-PF | $1,574,368 | $935,959 | $638,409 | $13,999,514 | $0 | $13,999,514 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $499,446
- Net gain from sales of assets
- $574,712
- Other income
- $32,904
Expenses
- Grants and similar amounts paid
- $784,092
- Compensation of officers, directors and key employees
- $138,500
- Disbursements for charitable purposes
- $888,854
- Excise tax on investment income
- $13,689
Balance sheet and other
- Total assets, start of year
- $14,391,781
- Total assets, end of year
- $14,462,185
- Total liabilities, end of year
- $0
- Net assets, end of year
- $14,462,185
- Fair market value of assets
- $20,120,098
- Qualifying distributions
- $888,854
- Net investment income
- $1,107,062
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTIN C DAVIS 802 N CARANCAHUA STE 1500, CORPUS CHRISTI, TX 78401 | MANAGING DIR | 8 | $65,000 |
| CHRISTOPHER DAVIS 3538 DENVER, CORPUS CHRISTI, TX 78411 | MANAGING DIR | 8 | $65,000 |
| GARY B PEARCE 5151 FLYNN PARKWAY, CORPUS CHRISTI, TX 78411 | DIRECTOR | 2 | $8,500 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTIN C DAVIS 802 N CARANCAHUA STE 1500, CORPUS CHRISTI, TX 78401 | MANAGING DIR | 8 | $65,000 |
| CHRISTOPHER DAVIS 3538 DENVER, CORPUS CHRISTI, TX 78411 | MANAGING DIR | 8 | $65,000 |
| GARY B PEARCE 5151 FLYNN PARKWAY, CORPUS CHRISTI, TX 78411 | DIRECTOR | 4 | $8,500 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTIN C DAVIS 802 N CARANCAHUA STE 1500, CORPUS CHRISTI, TX 78401 | MANAGING DIR | 8 | $57,500 |
| CHRISTOPHER DAVIS 3538 DENVER, CORPUS CHRISTI, TX 78411 | MANAGING DIR | 8 | $57,500 |
| GARY B PEARCE 5151 FLYNN PARKWAY, CORPUS CHRISTI, TX 78411 | DIRECTOR | 4 | $7,600 |
Address and contacts
- Address (IRS master file)
- 802 N CARANCAHUA ST STE 1500, CORP CHRISTI, TX 78401-0024
- In care of
- % MARTIN C DAVIS
- Signed the 990-PF
- MARTIN C DAVIS, MANAGING DIRECTOR
- Phone
- (361) 882-2272
- Return prepared by
- SWANK SALCH & HENDERSON PC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 46-0501821
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $14,462,185
- Income (IRS master file)
- $3,548,923
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,107,062 | $1,036,658 | $14,462,185 | IRS |
| 990-PF | December 2024 | $1,321,005 | $928,738 | $14,391,781 | IRS |
| 990-PF | December 2023 | $1,574,368 | $935,959 | $13,999,514 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 46-0501821).
Questions about LAVERNE AND THOMAS HOWELL FOUNDATION
- What is the EIN of LAVERNE AND THOMAS HOWELL FOUNDATION?
- The employer identification number (EIN) of LAVERNE AND THOMAS HOWELL FOUNDATION is 46-0501821.
- Is LAVERNE AND THOMAS HOWELL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to LAVERNE AND THOMAS HOWELL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LAVERNE AND THOMAS HOWELL FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LAVERNE AND THOMAS HOWELL 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 LAVERNE AND THOMAS HOWELL 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 LAVERNE AND THOMAS HOWELL FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 3 received compensation from the organization, the highest $65,000 (MARTIN C DAVIS, MANAGING DIR).
- How much revenue does LAVERNE AND THOMAS HOWELL FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,107,062, expenses of $1,036,658 and total assets of $14,462,185 at year end.
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