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Nonprofit · EIN 47-2206189

MAXWELL THOMAS BRAS FOUNDATION INC

Tax-exempt · LAKE MARY, FL 32746

Financials

$1.2M$155K2024$1.3M$237K2025
Revenue Expenses · by fiscal year end
Financials of MAXWELL THOMAS BRAS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,340,986$237,395$1,103,591$4,799,253$0$4,799,253
December 31, 2024990-PF$1,150,644$155,465$995,179$3,695,662$0$3,695,662
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,200,000
Dividends
$140,971
Interest
$15

Expenses

Grants and similar amounts paid
$231,000
Disbursements for charitable purposes
$231,000
Excise tax on investment income
$1,911

Balance sheet and other

Total assets, start of year
$3,695,662
Total assets, end of year
$4,799,253
Total liabilities, end of year
$0
Net assets, end of year
$4,799,253
Fair market value of assets
$5,675,683
Qualifying distributions
$231,000
Net investment income
$140,986

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
KAREN E BRAS
305 BERWICK COURT, LAKE MARY, FL 32746
DIRECTOR0$0
ALEXANDER J BRAS
3524 FALLING ACORN CIRCLE, LAKE MARY, 32746, AF
DIRECTOR0$0
ANDREW M BRAS
2916 HELEN AVENUE, ORLANDO, FL 32804
DIRECTOR0$0
KARLIN BRAS
2916 HELEN AVENUE, ORLANDO, FL 32804
DIRECTOR0$0
TARA BRAS
3524 FALLING ACORN CIRCLE, LAKE MARY, FL 32746
DIRECTOR0$0
IDA KONOW
4529 VARSITY LAKES COURT, LEHIGH ACRES, FL 33971
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
KAREN E BRAS
305 BERWICK COURT, LAKE MARY, FL 32746
DIRECTOR0$0
ALEXANDER J BRAS
3524 FALLING ACORN CIRCLE, LAKE MARY, 32746, AF
DIRECTOR0$0
ANDREW M BRAS
2916 HELEN AVENUE, ORLANDO, FL 32804
DIRECTOR0$0
KARLIN BRAS
2916 HELEN AVENUE, ORLANDO, FL 32804
DIRECTOR0$0
TARA BRAS
3524 FALLING ACORN CIRCLE, LAKE MARY, FL 32746
DIRECTOR0$0
IDA KONOW
4529 VARSITY LAKES COURT, LEHIGH ACRES, FL 33971
DIRECTOR0$0

Address and contacts

Address (IRS master file)
305 BERWICK CT, LAKE MARY, FL 32746-4334
In care of
% KAREN E BRAS
Signed the 990-PF
KAREN E BRAS, DIRECTOR
Phone
(407) 234-3271
Return prepared by
HAJEK & COMPANY LLC

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
47-2206189
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
2015
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$4,799,253
Income (IRS master file)
$1,340,986

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,340,986$237,395$4,799,253XML
990-PFDecember 2024$1,150,644$155,465$3,695,662IRS
990-PFDecember 2023$583,888$105,049$2,700,483IRS
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 47-2206189).

Questions about MAXWELL THOMAS BRAS FOUNDATION INC

What is the EIN of MAXWELL THOMAS BRAS FOUNDATION INC?
The employer identification number (EIN) of MAXWELL THOMAS BRAS FOUNDATION INC is 47-2206189.
Is MAXWELL THOMAS BRAS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to MAXWELL THOMAS BRAS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MAXWELL THOMAS BRAS FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of MAXWELL THOMAS BRAS FOUNDATION INC 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 MAXWELL THOMAS BRAS FOUNDATION INC 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 MAXWELL THOMAS BRAS FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does MAXWELL THOMAS BRAS FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,340,986, expenses of $237,395 and total assets of $4,799,253 at year end.

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