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Nonprofit · EIN 75-2503354

BELMONT FOUNDATION

Tax-exempt · AMARILLO, TX 79101

Financials

$73K$4K2023$189K$237K2024
Revenue Expenses · by fiscal year end
Financials of BELMONT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$188,592$236,595-$48,003$49,601$0$49,601
December 31, 2023990-PF$73,393$4,494$68,899$102,078$0$102,078
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$182,990
Interest
$405
Net gain from sales of assets
$5,197

Expenses

Grants and similar amounts paid
$235,000
Disbursements for charitable purposes
$235,000
Excise tax on investment income
$57

Balance sheet and other

Total assets, start of year
$102,078
Total assets, end of year
$49,601
Total liabilities, end of year
$0
Net assets, end of year
$49,601
Fair market value of assets
$49,600
Qualifying distributions
$235,000
Net investment income
$5,602

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
RALPH D ELLIS
113 W 8TH AVENUE, AMARILLO, TX 79101
SEC/DIRECTOR0$0
JOY P ELLIS
8523 THACKERY 1314, DALLAS, TX 75225
VP/DIRECTOR0$0
KATHRYN EASON
3415 SURREY ROAD, DURHAM, NC 27707
TREA/DIRECTO0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
J RALPH ELLIS
8523 THACKERY 1314, DALLAS, TX 75225
PRES/DIRECTO0$0
JOY P ELLIS
8523 THACKERY 1314, DALLAS, TX 75225
VP/DIRECTOR0$0
KATHRYN EASON
3415 SURREY ROAD, DURHAM, NC 27707
TREA/DIRECTO0$0
RALPH D ELLIS
113 W 8TH AVENUE, AMARILLO, TX 79101
SEC/DIRECTOR0$0

Address and contacts

Address (IRS master file)
113 SW 8TH AVE, AMARILLO, TX 79101-2305
Signed the 990-PF
RALPH D ELLIS, SEC/DIRECTOR
Phone
(806) 374-2800
Return prepared by
BURDS REED & MERCER PC

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
75-2503354
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
1994
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$49,601
Income (IRS master file)
$497,478

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$188,592$236,595$49,601XML
990-PFDecember 2023$73,393$4,494$102,078XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 BELMONT FOUNDATION

What is the EIN of BELMONT FOUNDATION?
The employer identification number (EIN) of BELMONT FOUNDATION is 75-2503354.
Is BELMONT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to BELMONT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BELMONT FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BELMONT 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 BELMONT 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 BELMONT FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does BELMONT FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $188,592, expenses of $236,595 and total assets of $49,601 at year end.

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