Nonprofit · EIN 75-2892769
LITMAN FOUNDATION
Tax-exempt · DALLAS, TX 75234
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,873,769 | $2,058,351 | -$184,582 | $37,636,217 | $0 | $37,636,217 |
| December 31, 2023 | 990-PF | $2,370,732 | $1,910,371 | $460,361 | $37,744,004 | $0 | $37,744,004 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,551,044
- Net gain from sales of assets
- -$11,800
- Other income
- $334,525
Expenses
- Grants and similar amounts paid
- $1,982,143
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $1,986,338
- Excise tax on investment income
- $25,368
Balance sheet and other
- Total assets, start of year
- $37,744,004
- Total assets, end of year
- $37,636,217
- Total liabilities, end of year
- $0
- Net assets, end of year
- $37,636,217
- Fair market value of assets
- $41,084,492
- Qualifying distributions
- $1,986,338
- Net investment income
- $1,881,034
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID S LITMAN 3010 LBJ FREEWAY SUITE 748, DALLAS, TX 75234 | PRESIDENT | 5 | $0 |
| MALIA A LITMAN 3010 LBJ FREEWAY SUITE 748, DALLAS, TX 75234 | DIRECTOR | 5 | $0 |
| ROBERT B DIENER 3010 LBJ FREEWAY SUITE 748, DALLAS, TX 75234 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID S LITMAN 3010 LBJ FREEWAY SUITE 748, DALLAS, TX 75234 | PRESIDENT | 5 | $0 |
| MALIA A LITMAN 3010 LBJ FREEWAY SUITE 748, DALLAS, TX 75234 | DIRECTOR | 5 | $0 |
| ROBERT B DIENER 3010 LBJ FREEWAY SUITE 748, DALLAS, TX 75234 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3010 LBJ FREEWAY 748, DALLAS, TX 75234-7770
- In care of
- % DAVID S LITMAN
- Signed the 990-PF
- DAVID LITMAN, PRESIDENT
- Phone
- (214) 750-9006
- Return prepared by
- CARTER & COMPANY
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 | Not 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
- 75-2892769
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $37,636,217
- Income (IRS master file)
- $4,957,620
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | – | – | – | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $2,370,732 | $1,910,371 | $37,744,004 | IRS |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 LITMAN FOUNDATION
- What is the EIN of LITMAN FOUNDATION?
- The employer identification number (EIN) of LITMAN FOUNDATION is 75-2892769.
- Is LITMAN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to LITMAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LITMAN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LITMAN 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 LITMAN 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 LITMAN FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does LITMAN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,873,769, expenses of $2,058,351 and total assets of $37,636,217 at year end.
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