Nonprofit · EIN 75-2941896
GLASER FAMILY CHARITABLE FOUNDATION
Tax-exempt · BONHAM, TX 75418
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $153,605 | $264,846 | -$111,241 | $870,956 | $6,755 | $864,201 |
| December 31, 2024 | 990-PF | $158,638 | $246,217 | -$87,579 | $985,528 | $8,192 | $977,336 |
| December 31, 2023 | 990-PF | $180,905 | $277,962 | -$97,057 | $1,074,781 | $7,894 | $1,066,887 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $9,014
- Dividends
- $8,825
- Interest
- $15
- Net gain from sales of assets
- $135,751
Expenses
- Grants and similar amounts paid
- $110,524
- Compensation of officers, directors and key employees
- $60,000
- Salaries, compensation and benefits (total)
- $8,690
- Disbursements for charitable purposes
- $110,524
- Excise tax on investment income
- $1,877
Balance sheet and other
- Total assets, start of year
- $985,528
- Total assets, end of year
- $870,956
- Total liabilities, end of year
- $6,755
- Net assets, end of year
- $864,201
- Fair market value of assets
- $1,143,701
- Qualifying distributions
- $110,524
- Net investment income
- $144,591
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 |
|---|---|---|---|
| CYNTHIA A BANKSTON 1200 RANCH DR, BONHAM, TX 75418 | EXECUTIVE DIRECTOR | 25 | $60,000 |
| DANIEL R GLASER 1200 RANCH DR, BONHAM, TX 75418 | SECRETARY | 4 | $0 |
| ELAINA L BARRON 1200 RANCH DR, BONHAM, TX 75418 | ASSOCIATE DIRECTOR | 4 | $0 |
| BETH PORTER 1200 RANCH DR, BONHAM, TX 75418 | ASSOCIATE DIRECTOR | 4 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CYNTHIA A BANKSTON 1200 RANCH DR, BONHAM, TX 75418 | EXECUTIVE DIRECTOR | 25 | $62,331 |
| DANIEL R GLASER 1200 RANCH DR, BONHAM, TX 75418 | SECRETARY | 4 | $0 |
| ELAINA L BARRON 1200 RANCH DR, BONHAM, TX 75418 | ASSOCIATE DIRECTOR | 4 | $0 |
| BETH PORTER 1200 RANCH DR, BONHAM, TX 75418 | ASSOCIATE DIRECTOR | 4 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CYNTHIA A BANKSTON 1200 RANCH DR, BONHAM, TX 75418 | EXECUTIVE DIRECTOR | 25 | $61,749 |
| DANIEL R GLASER 1200 RANCH DR, BONHAM, TX 75418 | SECRETARY | 4 | $0 |
| ELAINA L BARRON 1200 RANCH DR, BONHAM, TX 75418 | ASSOCIATE DIRECTOR | 4 | $0 |
| BETH PORTER 1200 RANCH DR, BONHAM, TX 75418 | ASSOCIATE DIRECTOR | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 1200 RANCH DR, BONHAM, TX 75418-2293
- In care of
- % CYNTHIA BANKSTON
- Signed the 990-PF
- CYNTHIA BANKSTON, EXECUTIVE DIRECTOR
- Phone
- (903) 583-4241
- Return prepared by
- TAYLOR & 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 | 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
- 75-2941896
- 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 (T90)
- Assets (IRS master file)
- $870,956
- Income (IRS master file)
- $306,130
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $153,605 | $264,846 | $870,956 | IRS |
| 990-PF | December 2024 | $158,638 | $246,217 | $985,528 | IRS |
| 990-PF | December 2023 | $180,905 | $277,962 | $1,074,781 | 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 75-2941896).
Questions about GLASER FAMILY CHARITABLE FOUNDATION
- What is the EIN of GLASER FAMILY CHARITABLE FOUNDATION?
- The employer identification number (EIN) of GLASER FAMILY CHARITABLE FOUNDATION is 75-2941896.
- Is GLASER FAMILY CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to GLASER FAMILY CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GLASER FAMILY CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GLASER FAMILY CHARITABLE 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 GLASER FAMILY CHARITABLE 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 GLASER FAMILY CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $60,000 (CYNTHIA A BANKSTON, EXECUTIVE DIRECTOR).
- How much revenue does GLASER FAMILY CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $153,605, expenses of $264,846 and total assets of $870,956 at year end.
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