Nonprofit · EIN 75-2622754
NORMAN H READ 1985 TRUST
Tax-exempt · AMARILLO, TX 79105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990-PF | $9,549,838 | $9,174,574 | $375,264 | $70,567,324 | $0 | $70,567,324 |
| June 30, 2025 | 990-PF | $9,952,525 | $8,222,031 | $1,730,494 | $70,192,060 | $0 | $70,192,060 |
| June 30, 2024 | 990-PF | $10,276,129 | $7,327,054 | $2,949,075 | $68,461,566 | $0 | $68,461,566 |
Financial details: 990-PF for the year ended June 30, 2026
Revenue
- Dividends
- $1,807,763
- Interest
- $155,093
- Net rental income
- $130,113
- Net gain from sales of assets
- $6,405,161
- Other income
- $855,679
Expenses
- Grants and similar amounts paid
- $7,740,580
- Compensation of officers, directors and key employees
- $787,356
- Disbursements for charitable purposes
- $8,052,872
- Excise tax on investment income
- $118,865
Balance sheet and other
- Total assets, start of year
- $70,192,060
- Total assets, end of year
- $70,567,324
- Total liabilities, end of year
- $0
- Net assets, end of year
- $70,567,324
- Fair market value of assets
- $179,334,281
- Qualifying distributions
- $8,052,872
- Net investment income
- $9,549,838
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 June 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMARILLO NATIONAL BANK P O BOX 1, AMARILLO, TX 791050001 | CORPORATE TR | 40 | $787,356 |
| NILE L ALBRIGHT 30 NORFOLK ROAD, CHESTNUT HILL, MA 02467 | CO-TRUSTEE | 10 | $0 |
990-PF for the year ended June 30, 2025: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMARILLO NATIONAL BANK P O BOX 1, AMARILLO, TX 791050001 | CORPORATE TR | 40 | $680,045 |
| NILE L ALBRIGHT 30 NORFOLK ROAD, CHESTNUT HILL, MA 02467 | CO-TRUSTEE | 10 | $0 |
990-PF for the year ended June 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMARILLO NATIONAL BANK P O BOX 1, AMARILLO, TX 791050001 | CORPORATE TR | 40 | $583,957 |
| NILE L ALBRIGHT 1101 BEACON STREET 7 WEST SUITE 3, BROOKLINE, MA 02446 | CO-TRUSTEE | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1, AMARILLO, TX 79105-0001
- In care of
- % AMARILLO NATIONAL BANK TTEE
- Signed the 990-PF
- AMARILLO NATIONAL BANK, CORPORATE TRUSTEE
- Phone
- (806) 349-9751
- Return prepared by
- SNELGROOES & CO
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990-PF on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 75-2622754
- 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
- June
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22J)
- Assets (IRS master file)
- $70,567,324
- Income (IRS master file)
- $11,671,190
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2026 | $9,549,838 | $9,174,574 | $70,567,324 | XML |
| 990-PF | June 2025 | $9,952,525 | $8,222,031 | $70,192,060 | XML |
| 990-PF | June 2024 | $10,276,129 | $7,327,054 | $68,461,566 | XML |
| 990-PF | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2019 | – | – | – | IRS |
| 990-PF | June 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 75-2622754).
Questions about NORMAN H READ 1985 TRUST
- What is the EIN of NORMAN H READ 1985 TRUST?
- The employer identification number (EIN) of NORMAN H READ 1985 TRUST is 75-2622754.
- Is NORMAN H READ 1985 TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to NORMAN H READ 1985 TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does NORMAN H READ 1985 TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of NORMAN H READ 1985 TRUST due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORMAN H READ 1985 TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2026.
- Who are the officers and directors of NORMAN H READ 1985 TRUST?
- The 990-PF for the year ended June 30, 2026 lists 2 people; 1 received compensation from the organization, the highest $787,356 (AMARILLO NATIONAL BANK, CORPORATE TR).
- How much revenue does NORMAN H READ 1985 TRUST have?
- On its 990-PF for the year ended June 30, 2026 it reported revenue of $9,549,838, expenses of $9,174,574 and total assets of $70,567,324 at year end.
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All nonprofits in AMARILLO · Texas · Philanthropy, voluntarism and grantmaking foundations