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Nonprofit · EIN 75-2736858

BARNEY M KENT AND HESTER KENT SCHOLARSHIP TRUST

Tax-exempt · CORSICANA, TX 75110

Financials

$62K$91K2023$144K$82K2024$59K$88K2025
Revenue Expenses · by fiscal year end
Financials of BARNEY M KENT AND HESTER KENT SCHOLARSHIP TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$59,081$87,725-$28,644$998,143$0$998,143
December 31, 2024990-PF$143,952$82,269$61,683$1,026,787$0$1,026,787
December 31, 2023990-PF$62,134$90,782-$28,648$965,104$0$965,104
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$41,920
Net gain from sales of assets
$17,161

Expenses

Grants and similar amounts paid
$69,000
Compensation of officers, directors and key employees
$15,736
Disbursements for charitable purposes
$71,496
Excise tax on investment income
$621

Balance sheet and other

Total assets, start of year
$1,026,787
Total assets, end of year
$998,143
Total liabilities, end of year
$0
Net assets, end of year
$998,143
Fair market value of assets
$1,610,578
Qualifying distributions
$71,496
Net investment income
$59,081

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
COMMUNITY NATIONAL BANK & TRUST
PO BOX 624, CORSICANA, TX 75151
TRUSTEE4$15,736
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
COMMUNITY NATIONAL BANK & TRUST
PO BOX 624, CORSICANA, TX 75151
TRUSTEE4$15,398
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
COMMUNITY NATIONAL BANK & TRUST
PO BOX 624, CORSICANA, TX 75151
TRUSTEE6$14,506

Address and contacts

Address (IRS master file)
321 N 15TH ST, CORSICANA, TX 75110-4511
In care of
% CORSICANA NATIONAL BANK
Signed the 990-PF
COMMUNITY NATIONAL BANK TRUST, TRUSTEE
Phone
(903) 654-4500
Return prepared by
ANDERSON MARX & BOHL 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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
75-2736858
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
1998
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B82Z)
Assets (IRS master file)
$998,143
Income (IRS master file)
$102,472

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$59,081$87,725$998,143XML
990-PFDecember 2024$143,952$82,269$1,026,787IRS
990-PFDecember 2023$62,134$90,782$965,104XML
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 75-2736858).

Questions about BARNEY M KENT AND HESTER KENT SCHOLARSHIP TRUST

What is the EIN of BARNEY M KENT AND HESTER KENT SCHOLARSHIP TRUST?
The employer identification number (EIN) of BARNEY M KENT AND HESTER KENT SCHOLARSHIP TRUST is 75-2736858.
Is BARNEY M KENT AND HESTER KENT SCHOLARSHIP TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to BARNEY M KENT AND HESTER KENT SCHOLARSHIP TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BARNEY M KENT AND HESTER KENT SCHOLARSHIP TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of BARNEY M KENT AND HESTER KENT SCHOLARSHIP TRUST 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 BARNEY M KENT AND HESTER KENT SCHOLARSHIP TRUST 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 BARNEY M KENT AND HESTER KENT SCHOLARSHIP TRUST?
The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $15,736 (COMMUNITY NATIONAL BANK & TRUST, TRUSTEE).
How much revenue does BARNEY M KENT AND HESTER KENT SCHOLARSHIP TRUST have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $59,081, expenses of $87,725 and total assets of $998,143 at year end.

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