Nonprofit · EIN 62-6399483
THE SIMS FAMILY CHARITABLE TRUST
Tax-exempt · MEMPHIS, TN 38117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $392,556 | $314,670 | $77,886 | $2,755,617 | $0 | $2,755,617 |
| December 31, 2024 | 990-PF | $195,917 | $241,527 | -$45,610 | $2,678,795 | $0 | $2,678,795 |
| December 31, 2023 | 990-PF | $165,610 | $238,978 | -$73,368 | $2,724,477 | $0 | $2,724,477 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $134,508
- Dividends
- $107,645
- Net gain from sales of assets
- $149,106
- Other income
- $1,297
Expenses
- Grants and similar amounts paid
- $289,000
- Compensation of officers, directors and key employees
- $23,590
- Disbursements for charitable purposes
- $300,795
- Excise tax on investment income
- $3,376
Balance sheet and other
- Total assets, start of year
- $2,678,795
- Total assets, end of year
- $2,755,617
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,755,617
- Fair market value of assets
- $4,052,307
- Qualifying distributions
- $300,795
- Net investment income
- $256,751
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 |
|---|---|---|---|
| FIRST HORIZON BANK 4385 POPLAR, MEMPHIS, TN 38117 | TRUSTEE | 2 | $23,590 |
| J WALKER SIMS 58 GROVE DALE, MEMPHIS, TN 38120 | ADVISOR | 2 | $0 |
| SHERRIE J SIMS 1325 HAYNE RD, MEMPHIS, TN 38119 | ADVISOR | 2 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FIRST HORIZON BANK 4385 POPLAR, MEMPHIS, TN 38117 | TRUSTEE | 2 | $24,319 |
| J WALKER SIMS 58 GROVE DALE, MEMPHIS, TN 38120 | ADVISOR | 2 | $0 |
| SHERRIE J SIMS 1325 HAYNE RD, MEMPHIS, TN 38119 | ADVISOR | 2 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| First Horizon Bank 4385 Poplar Ave, Memphis, TN 38120 | Trustee | 2 | $19,555 |
| Sherrie J Sims 1325 Hayne Rd, Memphis, TN 38119 | Advisor | 2 | $0 |
| J Walker Sims 58 Grove Dale, Memphis, TN 38120 | Advisor | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 4385 POPLAR AVE, MEMPHIS, TN 38117-3715
- In care of
- % FIRST TENNESSEE BANK NA TTEE
- Signed the 990-PF
- FIRST HORIZON BANK, VICE PRESIDENT
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
- 62-6399483
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $2,755,617
- Income (IRS master file)
- $880,464
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $392,556 | $314,670 | $2,755,617 | IRS |
| 990-PF | December 2024 | $195,917 | $241,527 | $2,678,795 | IRS |
| 990-PF | December 2023 | $165,610 | $238,978 | $2,724,477 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | 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 62-6399483).
Questions about THE SIMS FAMILY CHARITABLE TRUST
- What is the EIN of THE SIMS FAMILY CHARITABLE TRUST?
- The employer identification number (EIN) of THE SIMS FAMILY CHARITABLE TRUST is 62-6399483.
- Is THE SIMS FAMILY CHARITABLE TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to THE SIMS FAMILY CHARITABLE TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE SIMS FAMILY CHARITABLE TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE SIMS FAMILY CHARITABLE TRUST 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 THE SIMS FAMILY CHARITABLE TRUST 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 THE SIMS FAMILY CHARITABLE TRUST?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $23,590 (FIRST HORIZON BANK, TRUSTEE).
- How much revenue does THE SIMS FAMILY CHARITABLE TRUST have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $392,556, expenses of $314,670 and total assets of $2,755,617 at year end.
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All nonprofits in MEMPHIS · Tennessee · Philanthropy, voluntarism and grantmaking foundations