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Nonprofit · EIN 74-2730275

THE TIM AND KAREN HIXON FOUNDATION

Tax-exempt · SAN ANTONIO, TX 78215

Financials

$372K$587K2023$644K$556K2024
Revenue Expenses · by fiscal year end
Financials of THE TIM AND KAREN HIXON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$644,238$556,224$88,014$5,143,745$0$5,143,745
December 31, 2023990-PF$371,532$586,501-$214,969$5,055,732$0$5,055,731
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$44,213
Dividends
$188,522
Net gain from sales of assets
$411,503

Expenses

Grants and similar amounts paid
$474,028
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$475,420
Excise tax on investment income
$7,324

Balance sheet and other

Total assets, start of year
$5,055,732
Total assets, end of year
$5,143,745
Total liabilities, end of year
$0
Net assets, end of year
$5,143,745
Fair market value of assets
$10,046,885
Qualifying distributions
$475,420
Net investment income
$600,025

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
KAREN J HIXON
711 Broadway Suite 250, SAN ANTONIO, TX 78215
DIRECTOR0$0
JACK J SPECTOR
711 Broadway Suite 250, SAN ANTONIO, TX 78215
DIRECTOR0$0
KATHRYN N SANCO
711 Broadway Suite 250, SAN ANTONIO, TX 78215
SEC/DIRECTOR0$0
BRYAN S HIXON
711 Broadway Suite 250, SAN ANTONIO, TX 78215
VP/DIRECTOR0$0
GEORGE S HIXON
711 Broadway Suite 250, SAN ANTONIO, TX 78215
VP/DIRECTOR0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
KAREN J HIXON
711 Broadway Suite 250, SAN ANTONIO, TX 78215
DIRECTOR0$0
JACK J SPECTOR
711 Broadway Suite 250, SAN ANTONIO, TX 78215
DIRECTOR0$0
KATHRYN N SANCO
711 Broadway Suite 250, SAN ANTONIO, TX 78215
SEC/DIRECTOR0$0
BRYAN S HIXON
711 Broadway Suite 250, SAN ANTONIO, TX 78215
VP/DIRECTOR0$0
GEORGE S HIXON
711 Broadway Suite 250, SAN ANTONIO, TX 78215
VP/DIRECTOR0$0

Address and contacts

Address (IRS master file)
711 BROADWAY ST STE 250, SAN ANTONIO, TX 78215-1841
In care of
% KAREN J HIXON
Signed the 990-PF
KAREN HIXON, PRESIDENT
Phone
(210) 225-3053
Return prepared by
BDO USA

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
74-2730275
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
1996
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$5,143,745
Income (IRS master file)
$1,760,875

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$644,238$556,224$5,143,745IRS
990-PFDecember 2023$371,532$586,501$5,055,732XML
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 74-2730275).

Questions about THE TIM AND KAREN HIXON FOUNDATION

What is the EIN of THE TIM AND KAREN HIXON FOUNDATION?
The employer identification number (EIN) of THE TIM AND KAREN HIXON FOUNDATION is 74-2730275.
Is THE TIM AND KAREN HIXON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to THE TIM AND KAREN HIXON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE TIM AND KAREN HIXON FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE TIM AND KAREN HIXON 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 THE TIM AND KAREN HIXON FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of THE TIM AND KAREN HIXON FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does THE TIM AND KAREN HIXON FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $644,238, expenses of $556,224 and total assets of $5,143,745 at year end.

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