Nonprofit · EIN 75-6023326
ODONNELL FOUNDATION
Tax-exempt · DALLAS, TX 75201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $21,897,143 | $192,163,364 | -$170,266,221 | $195,105,785 | $0 | $195,105,785 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $900,049
- Dividends
- $89
- Interest
- $9,641,343
- Other income
- $11,355,662
Expenses
- Grants and similar amounts paid
- $187,386,895
- Compensation of officers, directors and key employees
- $1,097,952
- Salaries, compensation and benefits (total)
- $203,134
- Disbursements for charitable purposes
- $188,764,799
- Excise tax on investment income
- $252,195
Balance sheet and other
- Total assets, start of year
- $365,372,006
- Total assets, end of year
- $195,105,785
- Total liabilities, end of year
- $0
- Net assets, end of year
- $195,105,785
- Fair market value of assets
- $180,206,923
- Qualifying distributions
- $188,764,799
- Net investment income
- $20,997,094
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 |
|---|---|---|---|
| WILLIAM T SOLOMON 100 CRESCENT COURT SUITE 880, DALLAS, TX 752011884 | CHAIRMAN, PRESIDENT & CEO | 40 | $515,000 |
| TIFFANY ARMSTRONG 100 CRESCENT COURT SUITE 880, DALLAS, TX 752011884 | VP & SECRETARY & TREASURER | 40 | $320,443 |
| SERENA RITCH 100 CRESCENT COURT SUITE 880, DALLAS, TX 752011884 | VP & DIR. OF ARTS PROGRAM | 40 | $262,509 |
| EDWARD A COPLEY 300 CRESCENT COURT SUITE 1350, DALLAS, TX 75201 | DIRECTOR | 3 | $0 |
| RUTH O'DONNELL MUTCH 3900 POTOMAC AVE, DALLAS, TX 75205 | DIRECTOR | 3 | $0 |
| JERE THOMPSON JR 3918 NORMANDY AVENUE, DALLAS, TX 75205 | DIRECTOR | 3 | $0 |
| ROBERT DEDMAN JR 5956 SHERRY LANE STE 1800, DALLAS, TX 75225 | VICE-CHAIRMAN | 3 | $0 |
| CAREN PROTHRO 3929 POTOMAC, DALLAS, TX 75205 | VICE-CHAIRMAN | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 100 CRESCENT CT STE 880, DALLAS, TX 75201-6918
- Signed the 990-PF
- WILLIAM T SOLOMON, PRESIDENT
- Phone
- (214) 871-5800
- Return prepared by
- LANE GORMAN TRUBITT LLC
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
- 75-6023326
- 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
- 1959
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $195,105,785
- Income (IRS master file)
- $21,897,143
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-T | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $106,903,917 | $37,901,107 | $142,276,998 | 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-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 ODONNELL FOUNDATION
- What is the EIN of ODONNELL FOUNDATION?
- The employer identification number (EIN) of ODONNELL FOUNDATION is 75-6023326.
- Is ODONNELL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
- Are donations to ODONNELL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ODONNELL FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ODONNELL 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 ODONNELL 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 ODONNELL FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 8 people; 3 received compensation from the organization, the highest $515,000 (WILLIAM T SOLOMON, CHAIRMAN, PRESIDENT & CEO).
- How much revenue does ODONNELL FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $21,897,143, expenses of $192,163,364 and total assets of $195,105,785 at year end.
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