Nonprofit · EIN 26-6829623
LEO W SEAL JR CHARITABLE TR
Tax-exempt · NEW ORLEANS, LA 70139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,757,255 | $1,467,853 | $1,289,402 | $31,747,288 | $0 | $31,747,288 |
| December 31, 2024 | 990 | $1,942,064 | $1,353,957 | $588,107 | $30,463,882 | $0 | $30,463,882 |
| December 31, 2023 | 990 | $1,045,352 | $1,337,170 | -$291,818 | $29,865,548 | $0 | $29,865,548 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $2,757,255
- Net gain from sales of assets
- $1,661,538
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,209,455
- Compensation of officers, directors and key employees
- $187,963
- Salaries, compensation and benefits (total)
- $187,963
- Professional fundraising fees
- $0
- Accounting fees
- $1,050
- Program services (functional)
- $1,209,455
- Management and general (functional)
- $258,398
Balance sheet and other
- Total assets, start of year
- $30,463,882
- Total assets, end of year
- $31,747,288
- Total liabilities, end of year
- $0
- Net assets, end of year
- $31,747,288
- Publicly traded securities
- $30,854,147
- Gross receipts
- $23,892,772
- Employees
- 0
- Year formed
- 2009
- State of legal domicile
- MS
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HANCOCK WHITNEY BANK | TRUSTEE Institutional trustee | – | $187,963 |
| MS STATE UNIV - DAVID EASLEY | EXECUTIVE DIRECTOR OF FINANCE Trustee or director | – | $0 |
| MS STATE UNIV - JOHN RUSH | VP FOR DEVELOPMENT AND ALUMNI Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HANCOCK WHITNEY BANK | TRUSTEE Institutional trustee | – | $176,502 |
| MS STATE UNIV - DAVID EASLEY | EXECUTIVE DIRECTOR OF FINANCE Trustee or director | – | $0 |
| MS STATE UNIV - JOHN RUSH | VP FOR DEVELOPMENT AND ALUMNI Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HANCOCK WHITNEY BANK | TRUSTEE Institutional trustee | – | $167,204 |
| MS STATE UNIV - DAVID EASLEY | EXECUTIVE DIRECTOR OF FINANCE Trustee or director | – | $0 |
| MS STATE UNIV - JOHN RUSH | VP FOR DEVELOPMENT AND ALUMNI Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 701 POYDRAS STREET STE 3100, NEW ORLEANS, LA 70139-6001
- In care of
- % HANCOCK BANK TTEE
- Principal officer (990 for 2025)
- HANCOCK WHITNEY BANK, 701 POYDRAS ST STE 3200, NEW ORLEANS, LA 70139
- Signed the 990
- HANCOCK WHITNEY BANK, TRUST TAX MGR
- Phone
- (504) 599-2191
- Return prepared by
- KPMG LLP
Mission
THE PURPOSE OF THE LEO W SEAL JR CHARITABLE TRUST IS TO SUPPORT THE MISSISSIPPI STATE UNIVERSITY FOUNDATION. THE MSU FOUNDATION IN TURN IS TO DISTRIBUTE THE MONEY TO THE FOLLOWING DEPARTMENTS:35% TO THE ATHLETIC DEPARTMENT, 25% TO THE COLLEGE OF BUSINESS,12.5% TO THE COLLEGE OF ENGINEERING, 12.5% TO THE COLLEGE OF FOREST RESOURCES, AND 15% UNRESTRICTED USE OF MSU.
Program accomplishments
- MISSISSIPPI STATE UNIVERSITY FOUNDATION, 64-0410581. DISTRIBUTIONS WERE MADE TO THE ATHLETIC DEPARTMENT, COLLEGE OF BUSINESS,COLLEGE OF ENGINEERING, COLLEGE OF FOREST RESOURCES,AND UNRESTRICTED USE OF MSU.Expenses $1,209,455 · grants $1,209,455
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-6829623
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $31,747,288
- Income (IRS master file)
- $23,892,772
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,757,255 | $1,467,853 | $31,747,288 | XML |
| 990 | December 2024 | $1,942,064 | $1,353,957 | $30,463,882 | IRS |
| 990 | December 2023 | $1,045,352 | $1,337,170 | $29,865,548 | XML |
| 990 | December 2022 | -$922,941 | $1,520,468 | $30,165,176 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | 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 26-6829623).
Questions about LEO W SEAL JR CHARITABLE TR
- What is the EIN of LEO W SEAL JR CHARITABLE TR?
- The employer identification number (EIN) of LEO W SEAL JR CHARITABLE TR is 26-6829623.
- Is LEO W SEAL JR CHARITABLE TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to LEO W SEAL JR CHARITABLE TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does LEO W SEAL JR CHARITABLE TR file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LEO W SEAL JR CHARITABLE TR 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 LEO W SEAL JR CHARITABLE TR last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LEO W SEAL JR CHARITABLE TR?
- The 990 for the year ended December 31, 2025 names HANCOCK WHITNEY BANK.
- Who are the officers and directors of LEO W SEAL JR CHARITABLE TR?
- The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $187,963 (HANCOCK WHITNEY BANK, TRUSTEE).
- How much revenue does LEO W SEAL JR CHARITABLE TR have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,757,255, expenses of $1,467,853 and total assets of $31,747,288 at year end.
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