Nonprofit · EIN 75-2768325
POSEY FAMILY FOUNDATION
Tax-exempt · DALLAS, TX 75201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $814,900 | $2,340,343 | -$1,525,443 | $10,971,137 | $0 | $10,971,137 |
| December 31, 2024 | 990-PF | $603,339 | $2,592,860 | -$1,989,521 | $11,761,576 | $0 | $11,761,576 |
| December 31, 2023 | 990-PF | -$17,724 | $2,592,774 | -$2,610,498 | $13,125,373 | $0 | $13,125,373 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $287,272
- Net gain from sales of assets
- $527,628
Expenses
- Grants and similar amounts paid
- $2,288,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $2,290,185
- Excise tax on investment income
- $10,630
Balance sheet and other
- Total assets, start of year
- $11,761,576
- Total assets, end of year
- $10,971,137
- Total liabilities, end of year
- $0
- Net assets, end of year
- $10,971,137
- Fair market value of assets
- $10,971,137
- Qualifying distributions
- $2,290,185
- Net investment income
- $814,900
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM SMITH 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | PRESIDENT | 2.5 | $0 |
| DAN AHEARN 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | DIRECTOR | 0.3 | $0 |
| SALLY POSEY 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | DIRECTOR | 1 | $0 |
| JENNIFER P AHEARN 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | SECRETARY | 0.3 | $0 |
| DONALD KEY 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | DIRECTOR | 0.3 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM SMITH 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | PRESIDENT | 2.5 | $0 |
| DAN AHEARN 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | DIRECTOR | 0.3 | $0 |
| SALLY POSEY 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | DIRECTOR | 1 | $0 |
| JENNIFER P AHEARN 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | SECRETARY | 0.3 | $0 |
| DONALD KEY 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | DIRECTOR | 0.3 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM SMITH 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | PRESIDENT | 2.5 | $0 |
| DAN AHEARN 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | DIRECTOR | 0.3 | $0 |
| SALLY POSEY 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | DIRECTOR | 1 | $0 |
| JENNIFER P AHEARN 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | SECRETARY | 0.3 | $0 |
| DONALD KEY 1722 ROUTH STREET STE 720, DALLAS, TX 75201 | DIRECTOR | 0.3 | $0 |
Address and contacts
- Address (IRS master file)
- 1722 ROUTH ST STE 720, DALLAS, TX 75201-2513
- In care of
- % PATTY KEATH
- Signed the 990-PF
- TRUMAN SMITH, PRESIDENT
- Phone
- (843) 224-3399
- Return prepared by
- DANIELS & ERICKSON 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 75-2768325
- 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)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $10,971,137
- Income (IRS master file)
- $3,751,015
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $814,900 | $2,340,343 | $10,971,137 | IRS |
| 990-PF | December 2024 | $603,339 | $2,592,860 | $11,761,576 | IRS |
| 990-PF | December 2023 | -$17,724 | $2,592,774 | $13,125,373 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 75-2768325).
Questions about POSEY FAMILY FOUNDATION
- What is the EIN of POSEY FAMILY FOUNDATION?
- The employer identification number (EIN) of POSEY FAMILY FOUNDATION is 75-2768325.
- Is POSEY FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to POSEY FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does POSEY FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of POSEY FAMILY 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 POSEY FAMILY 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 POSEY FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does POSEY FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $814,900, expenses of $2,340,343 and total assets of $10,971,137 at year end.
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