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Nonprofit · EIN 59-7244050

W J BRACE CHARITABLE TR

Tax-exempt · DALLAS, TX 75265

Financials

$752K$474K2024$1.2M$517K2025
Revenue Expenses · by fiscal year end
Financials of W J BRACE CHARITABLE TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2026990-PF$1,224,529$516,703$707,826$8,634,214$0$8,634,214
February 28, 2025990-PF$752,361$474,054$278,307$7,707,533$0$7,707,533
Financial details: 990-PF for the year ended February 28, 2026

Revenue

Dividends
$228,466
Net gain from sales of assets
$996,063

Expenses

Grants and similar amounts paid
$401,650
Compensation of officers, directors and key employees
$70,268
Disbursements for charitable purposes
$454,999
Excise tax on investment income
$16,243

Balance sheet and other

Total assets, start of year
$7,707,533
Total assets, end of year
$8,634,214
Total liabilities, end of year
$0
Net assets, end of year
$8,634,214
Fair market value of assets
$10,460,871
Qualifying distributions
$454,999
Net investment income
$1,221,183

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 February 28, 2026, highest compensation first.

NameTitleHours / weekCompensation
BANK OF AMERICA
PO BOX 653067, DALLAS, TX 752653067
TRUSTEE1$70,268
990-PF for the year ended February 28, 2025: 1 people
NameTitleHours / weekCompensation
BANK OF AMERICA
PO BOX 653067, DALLAS, TX 752653067
TRUSTEE1$65,799

Address and contacts

Address (IRS master file)
PO BOX 653067, DALLAS, TX 75265-3067
In care of
% CHESTER W STERCZEK
Signed the 990-PF
BANK OF AMERICA N A, MANAGING DIR
Phone
(888) 866-3275

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026990-PF on file
2024February 28, 2025July 15, 2025990-PF on file
2023February 29, 2024July 15, 2024990-PF on file

IRS record

EIN
59-7244050
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
2011
Accounting year ends
February
Files
Form 990-PF
Category (NTEE)
Human services (P12)
Assets (IRS master file)
$8,634,214
Income (IRS master file)
$2,985,431

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFFebruary 2026–––IRS
990-PFFebruary 2025–––IRS
990-PFFebruary 2024$293,342$457,031$7,419,093IRS
990-PFFebruary 2023–––IRS
990-PFFebruary 2022–––IRS
990-PFFebruary 2021–––IRS
990-PFFebruary 2020–––IRS
990-PFFebruary 2019–––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 W J BRACE CHARITABLE TR

What is the EIN of W J BRACE CHARITABLE TR?
The employer identification number (EIN) of W J BRACE CHARITABLE TR is 59-7244050.
Is W J BRACE CHARITABLE TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to W J BRACE CHARITABLE TR tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does W J BRACE CHARITABLE TR file?
Form 990-PF. Private foundations file every year.
When is the next return of W J BRACE CHARITABLE TR due?
The return for tax year 2026 (the year ending February 28, 2027) is due July 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did W J BRACE CHARITABLE TR last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended February 2026.
Who are the officers and directors of W J BRACE CHARITABLE TR?
The 990-PF for the year ended February 28, 2026 lists 1 person; 1 received compensation from the organization, the highest $70,268 (BANK OF AMERICA, TRUSTEE).
How much revenue does W J BRACE CHARITABLE TR have?
On its 990-PF for the year ended February 28, 2026 it reported revenue of $1,224,529, expenses of $516,703 and total assets of $8,634,214 at year end.

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