Nonprofit · EIN 75-1989523
DISCOVERY FOUNDATION
Tax-exempt · FORT WORTH, TX 76113
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $44,550 | $4,136 | $40,414 | $1,101,510 | $1,468,000 | -$366,490 |
| December 31, 2024 | 990-PF | $52,433 | $3,760 | $48,673 | $1,061,096 | $1,468,000 | -$406,904 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $44,546
- Other income
- $4
Expenses
- Grants and similar amounts paid
- $0
- Disbursements for charitable purposes
- $3,150
- Excise tax on investment income
- $616
Balance sheet and other
- Total assets, start of year
- $1,061,096
- Total assets, end of year
- $1,101,510
- Total liabilities, end of year
- $1,468,000
- Net assets, end of year
- -$366,490
- Fair market value of assets
- $1,121,273
- Qualifying distributions
- $3,150
- Net investment income
- $44,546
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 |
|---|---|---|---|
| PAUL COULTER PO BOX 2140, FORT WORTH, TX 76113 | SEC/TREAS/ACTING PRESIDENT | 1 | $0 |
| PETER PHILPOTT PO BOX 2140, FORT WORTH, TX 76113 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL COULTER PO BOX 2140, FORT WORTH, TX 76113 | SEC/TREAS/ACTING PRESIDENT | 1 | $0 |
| PETER PHILPOTT PO BOX 2140, FORT WORTH, TX 76113 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2140, FORT WORTH, TX 76113-2140
- In care of
- % PAUL COULTER
- Signed the 990-PF
- PAUL COULTER, SEC/TREAS/ACTING PRESIDENT
- Phone
- (817) 502-9895
- Return prepared by
- Forvis Mazars LLP
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
- 75-1989523
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 1985
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $1,101,510
- Income (IRS master file)
- $44,550
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $44,550 | $4,136 | $1,101,510 | IRS |
| 990-PF | December 2024 | $52,433 | $3,760 | $1,061,096 | XML |
| 990-PF | December 2023 | $28,683 | $2,300 | $1,012,423 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 DISCOVERY FOUNDATION
- What is the EIN of DISCOVERY FOUNDATION?
- The employer identification number (EIN) of DISCOVERY FOUNDATION is 75-1989523.
- Is DISCOVERY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to DISCOVERY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does DISCOVERY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DISCOVERY 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 DISCOVERY 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 DISCOVERY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does DISCOVERY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $44,550, expenses of $4,136 and total assets of $1,101,510 at year end.
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