Nonprofit · EIN 85-4141839
SCHAEFFER TEXAS FOUNDATION
Tax-exempt · AMARILLO, TX 79119
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $91,523 | $24,213 | $67,310 | $1,231,766 | $0 | $1,231,766 |
| December 31, 2023 | 990-PF | $128,233 | $87,504 | $40,729 | $1,164,456 | $0 | $1,164,456 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $23,500
- Interest
- $76,630
- Other income
- -$8,607
Expenses
- Grants and similar amounts paid
- $22,000
- Disbursements for charitable purposes
- $22,000
- Excise tax on investment income
- $1,272
Balance sheet and other
- Total assets, start of year
- $1,164,456
- Total assets, end of year
- $1,231,766
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,231,766
- Fair market value of assets
- $1,231,766
- Qualifying distributions
- $22,000
- Net investment income
- $91,523
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 |
|---|---|---|---|
| STANLEY SCHAEFFER 8417 ENGLISH BAY PKWY, AMARILLO, TX 791194446 | President | 3 | $0 |
| DAVID SCHAEFFER BOX 99, DIMMITT, TX 790270099 | Secretary | 1 | $0 |
| JERRY SCHAEFFER 37300 FM 1721, HAPPY, TX 790423428 | Vice President | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STANLEY SCHAEFFER 8417 ENGLISH BAY PKWY, AMARILLO, TX 791194446 | President | 3 | $0 |
| DAVID SCHAEFFER BOX 99, DIMMITT, TX 790270099 | Secretary | 1 | $0 |
| JERRY SCHAEFFER 37300 FM 1721, HAPPY, TX 790423428 | Vice President | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8417 ENGLISH BAY PKWY, AMARILLO, TX 79119-4446
- Signed the 990-PF
- STANLEY SCHAEFFER, President
- Phone
- (806) 647-2145
- Return prepared by
- Stanley Schaeffer & Associates
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
- 85-4141839
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,231,766
- Income (IRS master file)
- $91,523
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $91,523 | $24,213 | $1,231,766 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $128,233 | $87,504 | $1,164,456 | XML |
| 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-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 85-4141839).
Questions about SCHAEFFER TEXAS FOUNDATION
- What is the EIN of SCHAEFFER TEXAS FOUNDATION?
- The employer identification number (EIN) of SCHAEFFER TEXAS FOUNDATION is 85-4141839.
- Is SCHAEFFER TEXAS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to SCHAEFFER TEXAS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SCHAEFFER TEXAS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SCHAEFFER TEXAS 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 SCHAEFFER TEXAS 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 SCHAEFFER TEXAS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does SCHAEFFER TEXAS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $91,523, expenses of $24,213 and total assets of $1,231,766 at year end.
Other nonprofits in AMARILLO
- AMARILLO AREA FOUNDATION INC EIN 75-0978220 · last filed 990 for 2024
- WARE FOUNDATION EIN 75-2662421 · last filed 990-PF for 2025
- NORMAN H READ 1985 TRUST EIN 75-2622754 · last filed 990-PF for 2026
- DON & SYBIL HARRINGTON FOUNDATION EIN 75-1336604 · last filed 990 for 2024
- STREET FAMILY FOUNDATION EIN 92-1735306 · last filed 990-PF for 2024
- BONNIE BOB CARSON CHARITABLE TRUST EIN 39-2376933 · last filed 990-PF for 2025
- ANNA BELLE KRITSER II FOUNDATION EIN 26-6730610 · last filed 990-PF for 2024
- BRADLEY FAMILY CHARITABLE TR EIN 81-6836075 · last filed 990-PF for 2025
All nonprofits in AMARILLO · Texas · Philanthropy, voluntarism and grantmaking foundations