Nonprofit · EIN 54-1951078
DAVID AND JANET BRASHEAR FOUNDATION
Also known as BRASHEAR DAVID M TTEE
Tax-exempt · VIRGINIA BCH, VA 23451
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $7,088 | $7,318 | -$230 | $161,799 | $0 | $161,799 |
| December 31, 2024 | 990-PF | $11,966 | $3,164 | $8,802 | $162,029 | $0 | $162,029 |
| December 31, 2023 | 990-PF | $3,355 | $11,934 | -$8,579 | $153,227 | $0 | $153,227 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $2,064
- Interest
- $871
- Net rental income
- -$106
- Net gain from sales of assets
- $220
- Other income
- $3,933
Expenses
- Grants and similar amounts paid
- $6,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $6,000
- Excise tax on investment income
- $78
Balance sheet and other
- Total assets, start of year
- $162,029
- Total assets, end of year
- $161,799
- Total liabilities, end of year
- $0
- Net assets, end of year
- $161,799
- Fair market value of assets
- $168,324
- Qualifying distributions
- $6,000
- Net investment income
- $7,088
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 |
|---|---|---|---|
| DAVID M BRASHEAR 4507 HOLLY ROAD, VIRGINIA BEACH, VA 23451 | CHAIRMAN/TRUSTEE | 1 | $0 |
| JANET M BRASHEAR 4507 HOLLY ROAD, VIRGINIA BEACH, VA 23451 | PRESIDENT/TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID M BRASHEAR 4507 HOLLY ROAD, VIRGINIA BEACH, VA 23451 | CHAIRMAN/TRUSTEE | 1 | $0 |
| JANET M BRASHEAR 4507 HOLLY ROAD, VIRGINIA BEACH, VA 23451 | PRESIDENT/TRUSTEE | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID M BRASHEAR 4507 HOLLY ROAD, VIRGINIA BEACH, VA 23451 | CHAIRMAN/TRUSTEE | 1 | $0 |
| JANET M BRASHEAR 4507 HOLLY ROAD, VIRGINIA BEACH, VA 23451 | PRESIDENT/TRUSTEE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 4507 HOLLY RD, VIRGINIA BCH, VA 23451-2539
- Signed the 990-PF
- DAVID BRASHEAR, TRUSTEE
- Phone
- (703) 608-5621
- Return prepared by
- LUCAS MORELAND & MASTBROOK INC
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
- 54-1951078
- 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
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $161,799
- Income (IRS master file)
- $7,370
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $7,088 | $7,318 | $161,799 | XML |
| 990-PF | December 2024 | $11,966 | $3,164 | $162,029 | XML |
| 990-PF | December 2023 | $3,355 | $11,934 | $153,227 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 54-1951078).
Questions about DAVID AND JANET BRASHEAR FOUNDATION
- What is the EIN of DAVID AND JANET BRASHEAR FOUNDATION?
- The employer identification number (EIN) of DAVID AND JANET BRASHEAR FOUNDATION is 54-1951078.
- Is DAVID AND JANET BRASHEAR FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to DAVID AND JANET BRASHEAR FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DAVID AND JANET BRASHEAR FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DAVID AND JANET BRASHEAR 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 DAVID AND JANET BRASHEAR 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 DAVID AND JANET BRASHEAR FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does DAVID AND JANET BRASHEAR FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $7,088, expenses of $7,318 and total assets of $161,799 at year end.
Other nonprofits in VIRGINIA BCH
- LEAH AND RICHARD WAITZER FOUNDATION EIN 81-4581850 · last filed 990-PF for 2024
- SOKOL FAMILY FOUNDATION EIN 85-3064683 · last filed 990-PF for 2025
- UNITED JEWISH FED ENDOW FD TR REV 63418202 EIN 54-0535603 · last filed 990 for 2025
- MILE HIGH KIDS AND COMMUNITY DEVELOPMENT INC EIN 45-2848752 · last filed 990 for 2024
- AGENA FOUNDATION EIN 26-2882583 · last filed 990-PF for 2025
- RICHARD STRAVITZ FOUNDATION EIN 27-2552862 · last filed 990-PF for 2025
- CHESAPEAKE BAY WINE CLASSIC FOUNDATION EIN 54-1831607 · last filed 990 for 2025
- HUMBLE HEARTS FOUNDATION EIN 93-4084690 · last filed 990-PF for 2025
All nonprofits in VIRGINIA BCH · Virginia · Philanthropy, voluntarism and grantmaking foundations