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Nonprofit · EIN 64-6150374

JOHN HOUSTON WEAR JR FOUNDATION

Tax-exempt · RIDGELAND, MS 39157

Financials

$87K$107K2023$136K$107K2024
Revenue Expenses · by fiscal year end
Financials of JOHN HOUSTON WEAR JR FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$135,670$107,314$28,356$1,370,232$0$1,370,232
December 31, 2023990$87,170$107,222-$20,052$1,341,876$0$1,341,876
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$135,670
Net gain from sales of assets
$95,197
Other revenue
$0

Expenses

Grants and similar amounts paid
$90,425
Compensation of officers, directors and key employees
$14,512
Salaries, compensation and benefits (total)
$14,512
Professional fundraising fees
$0
Legal fees
$1,202
Accounting fees
$1,175
Program services (functional)
$90,425
Management and general (functional)
$16,889

Balance sheet and other

Total assets, start of year
$1,341,876
Total assets, end of year
$1,370,232
Total liabilities, end of year
$0
Net assets, end of year
$1,370,232
Publicly traded securities
$1,324,086
Gross receipts
$221,330
Employees
0
Year formed
1973
State of legal domicile
MS

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
REGIONS BANK TRUSTEETRUSTEE
Institutional trustee
40$14,512
WHITNEY EMRICHDIRECTOR
Trustee or director
0.5$0
JESSICA SHORTDIRECTOR
Trustee or director
0.5$0
SHERRY RUSSUMDIRECTOR
Trustee or director
0.5$0
PHILIP BLAYLOCKDIRECTOR
Trustee or director
0.5$0
KIDADA RICE-LARRYDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
REGIONS BANK TRUSTEETRUSTEE
Institutional trustee
40$13,223
WHITNEY EMRICHDIRECTOR
Trustee or director
0.5$0
JESSICA SHORTDIRECTOR
Trustee or director
0.5$0
SHERRY RUSSUMDIRECTOR
Trustee or director
0.5$0
PHILIP BLAYLOCKDIRECTOR
Trustee or director
0.5$0
KIDADA RICE-LARRYDIRECTOR
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
1020 HIGHLAND COLONY PKWY STE 200, RIDGELAND, MS 39157-2129
In care of
% DEPOSIT GUARANTY NATIONAL BANK
Principal officer (990 for 2024)
REGIONS BANK TRUSTEE, 1020 HIGHLAND COLONY PARKWAY STE 20, RIDGELAND, MS 39157
Signed the 990
REGIONS BANK TRUSTEE, TRUSTEE
Phone
(601) 790-8153
Return prepared by
CORBIN & BIGGS PLLC

Mission

THE FOUNDATION IS A SUPPORTING ORGANIZATION AS DEFINED IN INTERNAL REVENUE CODE 509(A)(3) AND SUPPORTS THREE 501 (C)(3) EDUCATIONAL ORGANIZATIONS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION IS A SUPPORTING ORGANIZATION AS DEFINED BY INTERNAL REVENUE CODE 509 (A)(3). ITS ORGANIZATIONAL DOCUMENT LIMITS ITS PURPOSES TO SUPPORTING THE FOLLOWING THREE ORGANIZATIONS:MILLSAPS COLLEGE,REFORMED THEOLOGICAL SEMINARY AND UNIVERSITY OF MISSISSIPPI MEDICAL CENTER. GRANTS ARE DISBURSED TO THESE ORGANIZATIONS ANNUALLY TO PROVIDE SCHOLARSHIPS.
    Expenses $90,425 · grants $90,425

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
64-6150374
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,370,232
Income (IRS master file)
$221,330

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$135,670$107,314$1,370,232IRS
990December 2023$87,170$107,222$1,341,876XML
990December 2022$47,454$90,033$1,361,900IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 64-6150374).

Questions about JOHN HOUSTON WEAR JR FOUNDATION

What is the EIN of JOHN HOUSTON WEAR JR FOUNDATION?
The employer identification number (EIN) of JOHN HOUSTON WEAR JR FOUNDATION is 64-6150374.
Is JOHN HOUSTON WEAR JR FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to JOHN HOUSTON WEAR JR FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does JOHN HOUSTON WEAR JR FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of JOHN HOUSTON WEAR JR FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JOHN HOUSTON WEAR JR FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of JOHN HOUSTON WEAR JR FOUNDATION?
The 990 for the year ended December 31, 2024 names REGIONS BANK TRUSTEE.
Who are the officers and directors of JOHN HOUSTON WEAR JR FOUNDATION?
The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $14,512 (REGIONS BANK TRUSTEE, TRUSTEE).
How much revenue does JOHN HOUSTON WEAR JR FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $135,670, expenses of $107,314 and total assets of $1,370,232 at year end.

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