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Nonprofit · EIN 64-0853196

TWORDC FOUNDATION

Tax-exempt · JACKSON, MS 39201

Financials

$22K$56K2023$339K$59K2024$40K$149K2025
Revenue Expenses · by fiscal year end
Financials of TWORDC FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$40,218$149,383-$109,165$866,214$0$866,214
December 31, 2024990-PF$338,684$59,023$279,661$975,379$0$975,379
December 31, 2023990-PF (amended)$21,827$55,743-$33,916$695,718$0$695,718
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$23,911
Net gain from sales of assets
$16,307

Expenses

Grants and similar amounts paid
$137,500
Disbursements for charitable purposes
$137,500
Excise tax on investment income
$522

Balance sheet and other

Total assets, start of year
$975,379
Total assets, end of year
$866,214
Total liabilities, end of year
$0
Net assets, end of year
$866,214
Fair market value of assets
$1,080,731
Qualifying distributions
$137,500
Net investment income
$40,218

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
RICHARD D MCRAE JR
210 E CAPITOL STREET STE 1210, JACKSON, MS 39201
Trustee1$0
CAROLYN S MCRAE
210 E CAPITOL STREET STE 1210, JACKSON, MS 39201
Trustee1$0
RICHARD D MCRAE III
4208 WALLACE LANE, NASHVILLE, TN 37215
Trustee0.5$0
ADRIENNE M MCRAE
4208 WALLACE LANE, NASHVILLE, TN 37215
Trustee0.5$0
DAVID M MCRAE
152 GREEN GLADES, RIDGELAND, MS 39157
Trustee0.5$0
KATHERINE M MCRAE
152 GREEN GLADES, RIDGELAND, MS 39157
Trustee0.5$0
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
RICHARD D MCRAE JR
210 E CAPITOL STREET STE 1210, JACKSON, MS 39201
Trustee1$0
CAROLYN S MCRAE
210 E CAPITOL STREET STE 1210, JACKSON, MS 39201
Trustee1$0
RICHARD D MCRAE III
4208 WALLACE LANE, NASHVILLE, TN 37215
Trustee0.5$0
ADRIENNE M MCRAE
4208 WALLACE LANE, NASHVILLE, TN 37215
Trustee0.5$0
DAVID M MCRAE
152 GREEN GLADES, RIDGELAND, MS 39157
Trustee0.5$0
KATHERINE M MCRAE
152 GREEN GLADES, RIDGELAND, MS 39157
Trustee0.5$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
RICHARD D MCRAE JR
210 E CAPITOL STREET SUITE 1210, JACKSON, MS 39201
TRUSTEE1$0
CAROLYN S MCRAE
210 E CAPITOL STREET SUITE 1210, JACKSON, MS 39201
TRUSTEE1$0
RICHARD D MCRAE III
4208 WALLACE LANE, NASHVILLE, TN 37215
TRUSTEE0.5$0
ADRIENNE M MCRAE
4208 WALLACE LANE, NASHVILLE, TN 37215
TRUSTEE0.5$0
DAVID M MCRAE
152 GREEN GLADES, RIDGELAND, MS 39157
TRUSTEE0.5$0
KATHERINE M MCRAE
152 GREEN GLADES, RIDGELAND, MS 39157
TRUSTEE0.5$0

Address and contacts

Address (IRS master file)
210 E CAPITOL ST STE 1210, JACKSON, MS 39201-2309
In care of
% RICHARD D MCRAE JR
Signed the 990-PF
RICHARD D MCRAE JR, Trustee
Phone
(601) 944-0200
Return prepared by
Huffman & Company CPA PA

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
64-0853196
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
1995
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$866,214
Income (IRS master file)
$98,911

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$40,218$149,383$866,214IRS
990-PFDecember 2024$338,684$59,023$975,379IRS
990-PFDecember 2023$21,827$55,743$695,718XML
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 64-0853196).

Questions about TWORDC FOUNDATION

What is the EIN of TWORDC FOUNDATION?
The employer identification number (EIN) of TWORDC FOUNDATION is 64-0853196.
Is TWORDC FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to TWORDC FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does TWORDC FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of TWORDC 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 TWORDC 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 TWORDC FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does TWORDC FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $40,218, expenses of $149,383 and total assets of $866,214 at year end.

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