Nonprofit · EIN 26-3772474
1687 FOUNDATION
Tax-exempt · MCKINNEY, TX 75070
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $28,230,046 | $10,156,028 | $18,074,018 | $162,334,929 | $0 | $162,334,929 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $15,000,000
- Dividends
- $4,552,474
- Net gain from sales of assets
- $205,962
- Other income
- $8,480,910
Expenses
- Grants and similar amounts paid
- $4,680,477
- Compensation of officers, directors and key employees
- $155,000
- Disbursements for charitable purposes
- $8,738,007
Balance sheet and other
- Total assets, start of year
- $144,260,911
- Total assets, end of year
- $162,334,929
- Total liabilities, end of year
- $0
- Net assets, end of year
- $162,334,929
- Fair market value of assets
- $202,063,365
- Qualifying distributions
- $8,738,007
- Net investment income
- $205,962
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 |
|---|---|---|---|
| HERBERT L CARTWRIGHT 3007 COLORADO COVE, SAN ANTONIO, TX 78253 | DIRECTOR, CEO | 1 | $29,000 |
| DEBORAH J GALLOWAY 410 LILAC LN, FAIRVIEW, TX 75069 | DIRECTOR OF FINANCE, V.P. | 1 | $21,000 |
| DONA R BRADLEY 321 OAR WOOD DR, GRANBURY, TX 76049 | DIRECTOR | 1 | $21,000 |
| DON L PARKS 4310 TUMBLEWEED TRAIL, MIDLAND, TX 79707 | DIRECTOR | 1 | $21,000 |
| JERRY G RAINEY JR 3519 LONGHORN LANE, BROWNWOOD, TX 76801 | DIRECTOR, V.P. RANCH WILDLIFE | 1 | $21,000 |
| MINDY R JOHNSON 11093 CR 440, CROSS PLAINS, TX 76443 | DIRECTOR OF GRANTS, V.P. | 1 | $21,000 |
| THAD CHAMBERS 213 ERIN DR, KERRVILLE, TX 78028 | DIRECTOR | 1 | $21,000 |
| PATTI JO PECK WOOD C/O DEBBIE GALLOWAY 7460 VAN TUYL, PARKWAY, MCKINNEY, TX 75070 | DIRECTOR, PRES, | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 7460 VAN TUYL PKWY, MCKINNEY, TX 75070-3786
- In care of
- % DEBBIE GALLOWAY
- Signed the 990-PF
- DEBBIE GALLOWAY, DIRECTOR
- Phone
- (214) 802-9885
- Return prepared by
- JOHNSON AND 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 | Check at the IRS |
IRS record
- EIN
- 26-3772474
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $162,334,929
- Income (IRS master file)
- $28,256,960
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $28,230,046 | $10,156,028 | $162,334,929 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | $19,626,837 | $813,025 | $78,992,989 | IRS |
| 990-PF | October 2021 | – | – | – | IRS |
| 990-PF | October 2020 | – | – | – | IRS |
| 990-PF | October 2018 | – | – | – | 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 26-3772474).
Questions about 1687 FOUNDATION
- What is the EIN of 1687 FOUNDATION?
- The employer identification number (EIN) of 1687 FOUNDATION is 26-3772474.
- Is 1687 FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to 1687 FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does 1687 FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of 1687 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 1687 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 1687 FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 8 people; 7 received compensation from the organization, the highest $29,000 (HERBERT L CARTWRIGHT, DIRECTOR, CEO).
- How much revenue does 1687 FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $28,230,046, expenses of $10,156,028 and total assets of $162,334,929 at year end.
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All nonprofits in MCKINNEY · Texas · Philanthropy, voluntarism and grantmaking foundations