Nonprofit · EIN 88-4350044
HESTER FAMILY FOUNDATION
Tax-exempt · WILMINGTON, DE 19809
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $243,638 | $660,124 | -$416,486 | $5,743,090 | $0 | $5,743,090 |
| December 31, 2024 | 990-PF | $321,946 | $1,383,853 | -$1,061,907 | $6,159,576 | $0 | $6,159,576 |
| December 31, 2023 | 990-PF | $407,693 | $377,420 | $30,273 | $7,221,483 | $0 | $7,221,483 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $13,125
- Dividends
- $142,493
- Interest
- $39,067
- Net gain from sales of assets
- $48,953
Expenses
- Grants and similar amounts paid
- $600,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $625,438
- Excise tax on investment income
- $2,737
Balance sheet and other
- Total assets, start of year
- $6,159,576
- Total assets, end of year
- $5,743,090
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,743,090
- Fair market value of assets
- $6,589,361
- Qualifying distributions
- $625,438
- Net investment income
- $230,513
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 |
|---|---|---|---|
| WALTER F HESTER III 175 HAWKEN RD, RENO, NV 89519 | DIRECTOR | 0 | $0 |
| RACHEL ANNE HESTER 175 HAWKEN RD, RENO, NV 89519 | DIRECTOR | 0 | $0 |
| FRANK BURKHEAD WYATT II 12248 SE BIRKDALE RUN, JUPITER, FL 33469 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WALTER F HESTER III 175 HAWKEN RD, RENO, NV 89519 | DIRECTOR | 0 | $0 |
| RACHEL ANNE HESTER 175 HAWKEN RD, RENO, NV 89519 | DIRECTOR | 0 | $0 |
| FRANK BURKHEAD WYATT II 12248 SE BIRKDALE RUN, JUPITER, FL 33469 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WALTER F HESTER III 759 BURGUNDY RD, INCLINE VILLAGE, NV 89451 | DIRECTOR | 0 | $0 |
| RACHEL ANNE HESTER 759 BURGUNDY RD, INCLINE VILLAGE, NV 89451 | DIRECTOR | 0 | $0 |
| FRANK BURKHEAD WYATT II 12248 SE BIRKDALE RUN, JUPITER, FL 33469 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 BELLEVUE PKWY STE 250, WILMINGTON, DE 19809-3747
- In care of
- % WALTER HESTER
- Signed the 990-PF
- FRANK WYATT, DIRECTOR
- Phone
- (972) 701-6028
- Return prepared by
- BDO USA
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
- 88-4350044
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $5,743,090
- Income (IRS master file)
- $667,229
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $243,638 | $660,124 | $5,743,090 | IRS |
| 990-PF | December 2024 | $321,946 | $1,383,853 | $6,159,576 | XML |
| 990-PF | December 2023 | $407,693 | $377,420 | $7,221,483 | XML |
| 990-PF | December 2022 | – | – | – | 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 88-4350044).
Questions about HESTER FAMILY FOUNDATION
- What is the EIN of HESTER FAMILY FOUNDATION?
- The employer identification number (EIN) of HESTER FAMILY FOUNDATION is 88-4350044.
- Is HESTER FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to HESTER FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HESTER FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HESTER 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 HESTER 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 HESTER FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does HESTER FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $243,638, expenses of $660,124 and total assets of $5,743,090 at year end.
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All nonprofits in WILMINGTON · Delaware · Philanthropy, voluntarism and grantmaking foundations