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Nonprofit · EIN 48-1107753

M R AND EVELYN HUDSON FOUNDATION

Tax-exempt · KELLER, TX 76244

Financials

$4.8M$6.5M2023$5M$5.8M2024
Revenue Expenses · by fiscal year end
Financials of M R AND EVELYN HUDSON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$4,963,251$5,828,662-$865,411$76,927,082$293$76,926,789
December 31, 2023990-PF$4,752,163$6,505,298-$1,753,135$77,792,371$171$77,792,200
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,453,706
Interest
$129,244
Net rental income
$941,920
Net gain from sales of assets
$2,380,301

Expenses

Grants and similar amounts paid
$4,300,000
Compensation of officers, directors and key employees
$367,500
Salaries, compensation and benefits (total)
$184,743
Disbursements for charitable purposes
$5,331,299
Excise tax on investment income
$63,794

Balance sheet and other

Total assets, start of year
$77,792,371
Total assets, end of year
$76,927,082
Total liabilities, end of year
$293
Net assets, end of year
$76,926,789
Fair market value of assets
$115,671,573
Qualifying distributions
$5,337,949
Net investment income
$4,963,251

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.

NameTitleHours / weekCompensationOther / benefits
M K Larson
P O Box 2110, Keller, TX 76244
Pres./Director40$247,500$82,505
Jesse Larson
P O Box 2110, Keller, TX 76244
VP/Grants Anal40$120,000$45,064
Sarah McManic
P O Box 2110, Keller, TX 76244
Design/IT
Highest-paid employee
40$70,649$33,978
Jennifer Gilliam
P O Box 2110, Keller, TX 76244
Controller
Highest-paid employee
40$69,300$55,239
Amy Coopman
P O Box 2110, Keller, TX 76244
Director1$0–
Amy Meadows
P O Box 2110, Keller, TX 76244
Secretary/Dir1$0–
Frank Merrick deceased
P O Box 2110, Keller, TX 76244
Chairman/Dir1$0–
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
M K Larson
P O Box 2110, Keller, TX 76244
Pres./Director40$247,000$77,611
Karon Smith
P O Box 2110, Keller, TX 76244
Sec/Treasurer40$118,590$36,051
Jesse Larson
P O Box 2110, Keller, TX 76244
VP/Grants Anal40$118,500$42,905
Karen Hibbs
P O Box 2110, Keller, TX 76244
Educ. & Comm.
Highest-paid employee
22$73,563$11,933
Sarah McManic
P O Box 2110, Keller, TX 76244
Design/IT
Highest-paid employee
40$66,465$30,406
Amy Coopman
P O Box 2110, Keller, TX 76244
Director1$0–
Amy Meadows
P O Box 2110, Keller, TX 76244
Director1$0–
Frank Merrick
P O Box 2110, Keller, TX 76244
Director1$0–

Address and contacts

Address (IRS master file)
PO BOX 2110, KELLER, TX 76244-0429
In care of
% M R HUDSON
Signed the 990-PF
M K Larson, Pres./Director
Phone
(817) 431-4800
Return prepared by
Evelyn H Moses CPA

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
48-1107753
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
1992
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$76,927,082
Income (IRS master file)
$15,916,143

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$4,963,251$5,828,662$76,927,082XML
990-PFDecember 2023$4,752,163$6,505,298$77,792,371XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 48-1107753).

Questions about M R AND EVELYN HUDSON FOUNDATION

What is the EIN of M R AND EVELYN HUDSON FOUNDATION?
The employer identification number (EIN) of M R AND EVELYN HUDSON FOUNDATION is 48-1107753.
Is M R AND EVELYN HUDSON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to M R AND EVELYN HUDSON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does M R AND EVELYN HUDSON FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of M R AND EVELYN HUDSON 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 M R AND EVELYN HUDSON 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 M R AND EVELYN HUDSON FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 7 people; 4 received compensation from the organization, the highest $247,500 (M K Larson, Pres./Director).
How much revenue does M R AND EVELYN HUDSON FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,963,251, expenses of $5,828,662 and total assets of $76,927,082 at year end.

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