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Nonprofit · EIN 75-2700815

GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST

Tax-exempt · ABILENE, TX 79699

Financials

$1.2M$1.9M2022$1.3M$2M2023$1.4M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$1,402,441$2,060,002-$657,561$48,016,370$0$48,016,370
May 31, 2024990$1,299,484$1,983,390-$683,906$46,356,768$0$46,356,768
May 31, 2023990$1,186,387$1,877,646-$691,259$45,274,814$0$45,274,814
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$1,402,441
Net gain from sales of assets
$1,402,441
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,054,552
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,450
Program services (functional)
$2,054,552
Management and general (functional)
$5,450

Balance sheet and other

Total assets, start of year
$46,356,768
Total assets, end of year
$48,016,370
Total liabilities, end of year
$0
Net assets, end of year
$48,016,370
Net assets without donor restrictions
$21,607,864
Net assets with donor restrictions
$26,408,506
Gross receipts
$2,060,002
Employees
0
Volunteers
0
Year formed
1997
State of legal domicile
TX

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 for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ABILENE CHRISTIAN UNIVERSITYTRUSTEE
Trustee or director
2$0
990 for the year ended May 31, 2024: 1 people
NameTitleHours / weekCompensation
ABILENE CHRISTIAN UNIVERSITYTRUSTEE
Trustee or director
2$0
990 for the year ended May 31, 2023: 1 people
NameTitleHours / weekCompensation
ABILENE CHRISTIAN UNIVERSITYTRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
BOX 29139, ABILENE, TX 79699-0001
In care of
% ACU FOUNDATION
Signed the 990
AMY JUSTICE, VICE PRESIDENT
Phone
(325) 674-2000
Return prepared by
EIDE BAILLY LLP

Mission

ENDOWMENT FOR SUPPORT OF ABILENE CHRISTIAN UNIVERSITY

990 for the year ended May 31, 2025

Program accomplishments

  • ENDOWMENT IN PERPETUAL WHOLLY-CHARITABLE TRUST FOR ABILENE CHRISTIAN UNIVERSITY IN ABILENE, TEXAS. CREATED PRIMARILY TO SERVE AS THE RECEPTABLE FOR THE ENDOWMENT AND OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE TRUST CORPUS SHALL BE USED SOLELY IN THE CONTINENTAL UNITED STATES FOR THE SPECIFIC PURPOSE OF BENEFITING THE CHURCHES OF CHRIST.
    Expenses $2,054,552 · grants $2,054,552

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
75-2700815
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1997
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$48,016,370
Income (IRS master file)
$2,060,002

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$1,402,441$2,060,002$48,016,370XML
990May 2024$1,299,484$1,983,390$46,356,768XML
990May 2023$1,186,387$1,877,646$45,274,814XML
990May 2022–––IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 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 75-2700815).

Questions about GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST

What is the EIN of GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST?
The employer identification number (EIN) of GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST is 75-2700815.
Is GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who are the officers and directors of GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST?
The 990 for the year ended May 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does GRACE L WOODWARD MEMORIAL ENDOWMENT TRUST have?
On its 990 for the year ended May 31, 2025 it reported revenue of $1,402,441, expenses of $2,060,002 and total assets of $48,016,370 at year end.

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