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Nonprofit · EIN 75-2302749

LEO AND RHEA FAY FRUHMAN FOUNDATION

Also known as GOLDMAN JOE TTEE

Tax-exempt · PLANO, TX 75026

Financials

$467K$879K2023$934K$796K2024$4.4M$767K2025
Revenue Expenses · by fiscal year end
Financials of LEO AND RHEA FAY FRUHMAN FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$4,370,788$767,138$3,603,650$14,131,092$30,753$14,100,339
December 31, 2024990-PF$933,844$796,258$137,586$10,519,280$22,591$10,496,689
December 31, 2023990-PF$466,641$879,318-$412,677$10,382,557$23,454$10,359,103
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$333,995
Net gain from sales of assets
$4,036,793

Expenses

Grants and similar amounts paid
$427,000
Compensation of officers, directors and key employees
$289,487
Disbursements for charitable purposes
$628,590
Excise tax on investment income
$58,984

Balance sheet and other

Total assets, start of year
$10,519,280
Total assets, end of year
$14,131,092
Total liabilities, end of year
$30,753
Net assets, end of year
$14,100,339
Fair market value of assets
$15,967,421
Qualifying distributions
$628,590
Net investment income
$4,370,788

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
MICHAEL GOLDMAN
25 SYCAMORE DR, YARMOUTH, ME 04096
TREASURER10$100,950
JOE GOLDMAN
8240 MANDERVILLE LN APT 809, DALLAS, TX 75231
PRESIDENT30$97,060
RONALD GOLDMAN CO ARIZONA ELDER CAR
230 SAN PATRICIO DR, SEDONA, AZ 86336
VICE PRESIDENT10$49,742
JACQULINE TALBOT
3324 PORTSIDE LN, PLANO, TX 75023
SECRETARY10$41,735
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
MICHAEL GOLDMAN
25 SYCAMORE DR, YARMOUTH, ME 04096
TREASURER10$105,827
JOE GOLDMAN
8240 MANDERVILLE LN APT 809, DALLAS, TX 75231
PRESIDENT30$97,060
RONALD GOLDMAN CO ARIZONA ELDER CAR
230 SAN PATRICIO DR, SEDONA, AZ 86336
VICE PRESIDENT10$62,178
JACQULINE TALBOT
3324 PORTSIDE LN, PLANO, TX 75023
SECRETARY10$25,730
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
JOE GOLDMAN
8240 MANDERVILLE LN APT 809, DALLAS, TX 75231
PRESIDENT30$120,000
MICHAEL GOLDMAN
25 SYCAMORE DR, YARMOUTH, ME 04096
TREASURER10$111,498
RONALD GOLDMAN CO ARIZONA ELDER CAR
230 SAN PATRICIO DR, SEDONA, AZ 86336
VICE PRESIDENT10$36,250
JACQULINE TALBOT
3324 PORTSIDE LN, PLANO, TX 75023
SECRETARY10$9,000

Address and contacts

Address (IRS master file)
PO BOX 260466, PLANO, TX 75026-0466
In care of
% JOE GOLDMAN
Signed the 990-PF
MICHAEL GOLDMAN, TREASURER
Phone
(207) 240-8486
Return prepared by
WEAVER AND TIDWELL 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 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
75-2302749
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
1991
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$14,131,092
Income (IRS master file)
$14,695,322

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$4,370,788$767,138$14,131,092IRS
990-PFDecember 2024$933,844$796,258$10,519,280IRS
990-PFDecember 2023$466,641$879,318$10,382,557XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 75-2302749).

Questions about LEO AND RHEA FAY FRUHMAN FOUNDATION

What is the EIN of LEO AND RHEA FAY FRUHMAN FOUNDATION?
The employer identification number (EIN) of LEO AND RHEA FAY FRUHMAN FOUNDATION is 75-2302749.
Is LEO AND RHEA FAY FRUHMAN FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to LEO AND RHEA FAY FRUHMAN FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LEO AND RHEA FAY FRUHMAN FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of LEO AND RHEA FAY FRUHMAN 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 LEO AND RHEA FAY FRUHMAN 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 LEO AND RHEA FAY FRUHMAN FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 4 received compensation from the organization, the highest $100,950 (MICHAEL GOLDMAN, TREASURER).
How much revenue does LEO AND RHEA FAY FRUHMAN FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $4,370,788, expenses of $767,138 and total assets of $14,131,092 at year end.

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